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Home » Investment » Page 20

Investment

Versatex doubling manufacturing footprint

By Melina Druga  |   June 20, 2024   |   Companies

Aliquippa-based Versatex Building Products, a manufacturer of high-quality cellular PVC trim, is doubling its manufacturing footprint by building a $40 million, 96,500-square-foot facility in the Aliq...

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Hershey updates greenhouse gas emissions reduction targets

By Melina Druga  |   June 20, 2024   |   Companies

The Science Based Targets initiative recently revalidated The Hershey Co.’s 2030 science-based greenhouse gas (GHG) emissions reduction targets. By 2030, the company aims to reduce scope 1 and 2 ...

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Federal guidance would clarify clean energy bonus tax credit

By Melina Druga  |   June 18, 2024   |   Federal

U.S. Sen. Bob Casey (D-PA) recently sent a letter to Janet Yellen, U.S. Department of the Treasury secretary, and Jennifer Granholm, U.S. Department of Energy secretary, urging the departments to clar...

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Dorman Products opens Virginia facility

By Melina Druga  |   June 17, 2024   |   Companies

Colmar-based Dorman Products, an auto parts company, recently opened a 100,000-square-feet manufacturing facility in Virginia Beach, Va. The facility, which will produce drive shafts, replaces anot...

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DLC upgrades transmission line to modernize network

By Liz Carey  |   June 14, 2024   |   Companies

Duquesne Light Company, headquartered in Pittsburgh, announced recently that is has completed Phase 3A of its multi-phase Brunot Island-Crescent Transmission Reliability project. The project, part...

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Everest Infrastructure Partners purchases CNS Microwave

By Melina Druga  |   June 14, 2024   |   Companies

Pittsburgh-based Everest Infrastructure Partners, a wireless tower company, recently completed its purchase of CNS Microwave from TC Energy Corp. CNS Microwave’s portfolio includes wireless commu...

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JENNMAR purchases Virginia company’s assets

By Melina Druga  |   June 13, 2024   |   Companies

Pittsburgh–based JENNMAR, an infrastructure products and specialized services provider, recently acquired the operating assets of Virginia-based G&R Gas Services (G&R). Assets include more than ...

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Pixelle Specialty Solutions secures financing for growth

By Liz Carey  |   June 13, 2024   |   Companies

Spring Grove, Pa.-based Pixelle Specialty Solutions announced Tuesday it had secured significant funding that would help position the company for continued future growth. The specialty paper compa...

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Zero-emission hydrogen test being conducted in McKeesport

By Melina Druga  |   June 12, 2024   |   Companies

Peoples, a natural gas service company, is leading a project in Western Pennsylvania that will attempt to create zero-emission hydrogen energy at the scale needed for widespread adoption. The test...

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New Pendulum Corporation purchases Bardot Plastics

By Melina Druga  |   June 12, 2024   |   Companies

Altoona-based New Pendulum Corporation, a managed portfolio specializing in manufacturing and industry, recently purchased Easton-based Bardot Plastics, a custom injection molding company. "Our por...

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Advanced Cooling Technologies receives $6M NASA award

By Melina Druga  |   June 11, 2024   |   Companies

NASA Kennedy Space Center recently awarded Lancaster-based Advanced Cooling Technologies (ACT), a thermal solutions company, a more than $6 million contract to test two Rollout Purge Units (RPUs) for ...

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Legislation to boost advanced manufacturing jobs moves forward in House

By Liz Carey  |   June 10, 2024   |   Featured

Legislation that would enhance Pennsylvania’s manufacturing industry was approved by the state’s House of Representatives, state Sen. Devlin Robinson (R-Pittsburgh) said. Robinson’s bill, Se...

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IACMI, DOD launches metallurgical apprenticeship program

By Melina Druga  |   June 10, 2024   |   Investment

The Metallurgical Engineering Trades Apprenticeship and Learning program (METAL), a national work force initiative designed to strengthen national defense through work force development and technologi...

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A. Duie Pyle opens New York City location

By Melina Druga  |   June 7, 2024   |   Companies

West Chester-based A. Duie Pyle, a provider of asset and non-asset-based supply chain solutions, recently opened a New York City location. The new facility is strategically located to serve consume...

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Wesco International purchases Michigan software company

By Melina Druga  |   June 6, 2024   |   Companies

Pittsburgh-based Wesco International, a business-to-business distribution, logistics services and supply chain solutions provider, recently completed its purchase of Michigan-based entroCIM, an innova...

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Kymanox expands King of Prussia facility

By Melina Druga  |   June 5, 2024   |   Companies

North Carolina-based Kymanox, a professional services organization that supports comprehensive drug development, recently announced it is expanding its device design and testing facility in King of Pr...

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Belgian project achieves 40 percent reduction in overspray with PPG product

By Melina Druga  |   June 5, 2024   |   Companies

EDR Antwerp shipyard achieved a 40 percent reduction in overspray with the electrostatic application of Pittsburgh-based PPG’s Sigmaglide 2390 fouling release coating. It was applied on the unde...

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Concurrent Technologies awarded $7.2M contract modification

By Melina Druga  |   June 4, 2024   |   Companies

The Deputy Assistant Secretary of the Air Force for Environment, Safety, and Infrastructure (SAF/IEE) recently awarded Johnstown-based Concurrent Technologies Corp. (CTC), an independent, nonprofit, a...

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Penn State U partners with Taiwan university on semiconductor research, education

By Liz Carey  |   June 4, 2024   |   Featured

On Friday, Penn State University announced it would be partnering with the National Sun Yat-Sen University (NSYSU) in Taiwan to focus on the development of semiconductor education and research. Th...

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Himalaya Technologies to purchase Mad Hatter Society

By Melina Druga  |   June 4, 2024   |   Companies

Pittsburgh-based Himalaya Technologies, a technology development company focused on projects enhanced by blockchain and artificial intelligence, recently signed an agreement to purchase Mad Hatter Soc...

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