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Home » Investment » Page 25

Investment

Equus affiliate purchases nine properties in North Carolina

By Melina Druga  |   March 15, 2024   |   Companies

An affiliate of Philadelphia-based Equus Capital Partners, a developer and real estate investment manager, recently purchased a nine property, more than 1.4 million-square-foot industrial portfolio in...

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Mars to collaborate with Pittsburgh-based Ansys on digital packaging innovation

By Liz Carey  |   March 15, 2024   |   Companies

On Wednesday, Mars, Incorporated announced it would partner with Pittsburgh-based Ansys on a new simulation software to reimagine Mars’ packaging process. The simulation solution by Ansys is pri...

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New York company purchases D’Huy Engineering

By Melina Druga  |   March 14, 2024   |   Companies

New York-based CHA Consulting, an engineering, design, consulting, and program/construction management firm, recently acquired Bethlehem-based D'Huy Engineering, an engineering and project management ...

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Pennsylvania lowers CO2 emissions, ranks as nation’s top power exporter, says new update

By Kim Riley  |   March 14, 2024   |   Featured

The latest data shows that Pennsylvania remained the top electricity export state and reached a new low for CO2 emissions from electricity generation in 2023, according to the state’s Independent Fi...

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U.S. Steel to invest in Pittsburgh-based Freespace Robotics

By Liz Carey  |   March 13, 2024   |   Companies

Pittsburgh-based U.S. Steel Corporation said it would be making a strategic investment in Freespace Robotics, a robotic storage and retrieval system. U.S. Steel said the systems are in demand at w...

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Ricoh, NC State partner for 3D-printing technology

By Melina Druga  |   March 12, 2024   |   Companies

Exton-based Ricoh USA, Inc., a provider of integrated digital services and print and imaging solutions, and North Carolina State University (NC State), which offers one of the top graduate programs fo...

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Riverarch Equity Partners closes on equity fund

By Melina Druga  |   March 11, 2024   |   Companies

Pittsburgh-based Riverarch Equity Partners, a private investment firm focused on investments in middle market companies, recently closed on its latest private equity fund, Riverarch Equity Partners IV...

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Appalachian Regional Commission awards $1.7M in grants in effort to bolster regional economic transformation

By Melina Druga  |   March 8, 2024   |   Featured

The Appalachian Regional Commission, an economic development entity of the federal government and 13 state governments focused on counties in the Appalachian Region, recently awarded nearly $1.7 milli...

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McDanel Advanced Material Technologies purchases California company

By Melina Druga  |   March 7, 2024   |   Companies

Beaver Falls-based McDanel Advanced Material Technologies, a Advanced Material technical solutions developer and manufacturer, recently purchased California-based Rayotek Scientific, a optical window ...

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Reps. Fitzpatrick, Thompson introduce skills training legislation

By Liz Carey  |   March 6, 2024   |   Featured

On Monday, U.S. Reps. Brian Fitzpatrick (R-PA) and Glenn “GT” Thompson (R-PA) introduced legislation that would help workers access skills training. Joined by U.S. Reps. Derek Kilmer (D-WA) an...

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Morgan Truck Body purchases Canadian company

By Melina Druga  |   March 6, 2024   |   Companies

Morgantown-based Morgan Truck Body, a designer, builder, and seller of truck bodies, recently purchased Transit Truck Bodies, a well-established manufacturer of truck bodies in Laval, Quebec, Canada. ...

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PPL, D&D Realty Group reach Tower Building agreement

By Liz Carey  |   March 4, 2024   |   Companies

On Friday, PPL Corporation announced its subsidiary PPL Electric Utilities had reached a tentative agreement with D&D Realty Group to sell its Ninth St. property in Allentown for $9 million. The 4...

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Rep. Smucker introduces legislation to fund workforce training initiatives

By Liz Carey  |   March 1, 2024   |   Featured

On Wednesday, U.S. Rep. Lloyd Smucker (R-PA) introduced legislation to fund workforce training initiatives with federal funding. The legislation, the Reduce Duplication and Improve Access to Work ...

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Triumph Group business awarded helicopter contract

By Melina Druga  |   March 1, 2024   |   Companies

MD Helicopters recently awarded a long-term agreement to Radnor-based Triumph Group’s Geared Solutions business to manufacture and assemble main rotor gearbox transmissions for the MD500 platforms. ...

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Koppers Holding subsidiary purchases Kentucky company

By Melina Druga  |   March 1, 2024   |   Companies

A wholly owned subsidiary of Pittsburgh-based Koppers Holdings, a treated wood products, wood treatment chemicals, and carbon compounds provider, recently agreed to purchase nearly all of Kentucky-bas...

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Chemstream announces Radical Transparency Initiative compliance

By Liz Carey  |   February 29, 2024   |   Companies

Homer City, PA-based Chemstream Inc., announced it has become the first service provider to comply with the Radical Transparency initiative launched in November 2023. Working in conjunction with C...

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Sila Services purchases Ohio-based home services company

By Melina Druga  |   February 29, 2024   |   Companies

King of Prussia-based Sila Services, a home services platform, recently purchased Cortland, Ohio-based Ainsley Heating & Cooling, a home services company. "This partnership enhances our strength in...

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Wabtec to provide 30 locomotives to Brazilian company

By Melina Druga  |   February 28, 2024   |   Companies

Pittsburgh-based Wabtec Corp., an equipment, systems, digital solutions and value-added services provider for the freight and transit rail industries, and Brazil-based MRS Logística, a logistics oper...

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Alcoa announces deal to acquire Alumina Limited

By Dave Kovaleski  |   February 27, 2024   |   Companies

Alcoa has entered into an agreement on terms and process for the acquisition of Alumina Limited. In this all-stock transaction, Alumina shareholders would receive consideration of 0.02854 Alcoa sha...

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CNX to make $1.5M contribution to CNX Foundation

By Melina Druga  |   February 23, 2024   |   Companies

The CNX board of directors recently approved President and CEO Nick Deiuliis’ request to make a $1.5 million donation to the CNX Foundation, a philanthropic organization that invests in communities ...

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