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Home » Investment » Page 35

Investment

MSA Safety opens business services center in Warsaw, Poland

By Liz Carey  |   September 27, 2023   |   Companies

Cranberry Township, Penn.-based MSA Safety Inc. announced the grand opening of its new EMEA Global Business Services Center in Warsaw, Poland this year. The company’s business hub is located in ...

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US Pipelining completes refinery rehab project

By Melina Druga  |   September 27, 2023   |   Companies

Philadelphia-based US Pipelining, a company specializing in trenchless pipe rehabilitation technologies, recently completed a refinery rehabilitation project at Motiva’s refinery in Texas. Work i...

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Grupo Bimbo to invest in startups in the cookie and energy bar sector

By Liz Carey  |   September 26, 2023   |   Companies

Grupo Bimbo, the parent company of Horsham, Pa.-based Bimbo Bakeries USA, is currently accepting registrations for the second edition of “Bimbo Open Door,” its platform to invest in startups in th...

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Cecilian Partners secures $11M in Series A Funding

By Liz Carey  |   September 25, 2023   |   Companies

New Hope, Pa.-based Cecilian Partners, a proptech firm providing digital solutions for home builders and land developers, announced Wednesday, it had raised $11 million in its first institutional equi...

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Westinghouse to design, build Poland’s first nuclear plant

By Melina Druga  |   September 25, 2023   |   Companies

Cranberry Township-based Westinghouse Electric Co., a nuclear power company, and Bechtel, a Virginia-based engineering, construction and project management company, recently signed an agreement to des...

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Rendering of Bristol PHL Cool Port

Bristol Group to build cargo facility Philadelphia International Airport

By Melina Druga  |   September 22, 2023   |   Companies

Bristol Group, a privately-owned real estate investment and development firm, plans to build a approximately 261,000-square-foot climate-controlled cargo facility at Philadelphia International Airport...

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U.S. Steel, NETL collaborate on greenhouse gas capture project

By Liz Carey  |   September 22, 2023   |   Companies

Pittsburgh-based US Steel Corporation and the National Energy Technology Laboratory (NETL) announced they would be collaborating on a plan to test an advanced carbon capture technology. The project...

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Hearing examines available technical, vocational education services

By Melina Druga  |   September 21, 2023   |   Investment

The House Republican Policy Committee recently held a hearing in Hawley to discuss available technical and vocational education services. The hearing also discussed how to develop existing services...

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Mural Health raises $8M to expand clinical trial modernization platform

By Liz Carey  |   September 21, 2023   |   Companies

On Tuesday, Berwyn, Pa.-based Mural Health Technologies, Inc. announced it had raised $8 million in seed funding to accelerate the growth of its Mural Link platform to modernize the clinical trial exp...

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Eos Energy Enterprises to invest $500M into long-duration energy storage demand

By Liz Carey  |   September 20, 2023   |   Companies

Turtle Creek, Pa.-based Eos Energy Enterprises, Inc. announced recently it would invest $500 million into Project AMAZE (American Made Zinc Energy), an expansion program designed to scale up long-dura...

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Pratt Industries investing $500M in Carlisle corrugated packaging facility

By Melina Druga  |   September 20, 2023   |   Companies

Pratt Industries, a corrugated packaging company, recently announced that it will invest $500 million in its Carlisle facility. The project is expected to create hundreds of jobs over the next 10...

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Iowa company purchases Reading-based Northeast Spring

By Melina Druga  |   September 20, 2023   |   Companies

Iowa-based Iowa Spring, a manufacturer of springs used in the overhead door, construction, agriculture, and recreational equipment industries, recently purchased Reading-based Northeast Spring, a cust...

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International Paper opens Atglen plant

By Melina Druga  |   September 19, 2023   |   Companies

International Paper, a Tennessee-based packaging, pulp and other fiber-based products producer, recently opened a $100 million corrugated packaging facility in Atglen. The facility will produce cor...

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Strategic Investment Fund Partners completes first close of private offering

By Dave Kovaleski  |   September 19, 2023   |   Companies

Pittsburgh-based Strategic Investment Fund Partners (SIF) completed a first close at $34.1 million in a private offering from its existing investors and launched a new strategic focus for the fund. ...

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PennDOT awards bid for Central Susquehanna Valley Transportation Project

By Melina Druga  |   September 19, 2023   |   Investment

The Pennsylvania Department of Transportation (PennDOT) recently reviewed bids for the second construction contract of the Southern Section of the Central Susquehanna Valley Transportation Project (CS...

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Sofidel America increasing capacity at Ohio plant

By Melina Druga  |   September 15, 2023   |   Companies

Horsham-based Sofidel America, a subsidiary of the Sofidel Group, is investing $185 million to increase capacity at its Circleville, Ohio, plant. The investment will help the company meet the gro...

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Pixelle Specialty Solutions installs smelting robot

By Melina Druga  |   September 15, 2023   |   Companies

Spring Grove-based Pixelle Specialty Solutions, a specialty papers manufacturer, recently installed a smelt spout robot in its Spring Grove facility. Valmet, a technology, automation and services d...

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Pennsylvania Coal Alliance recognizes companies for safety, reclamation

By Liz Carey  |   September 14, 2023   |   Companies

On Tuesday, the Pennsylvania Coal Alliance (PCA) announced the winners of its annual awards recognizing employee safety and mine reclamation efforts. The Harrisburg-based agency said the Keystone M...

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House hearing discusses work force development, need for Community Development Financial Institutions

By Melina Druga  |   September 14, 2023   |   Investment

The House Majority Policy Committee recently held a hearing to discuss how to support work force development in certain communities and the need for Community Development Financial Institutions. Te...

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Enservco Corporation acquires Washington, PA-based Rapid Hot

By Liz Carey  |   September 13, 2023   |   Companies

Longmont, Col.-based Enservco Corporation announced Monday it had acquired all of the assets for oilfield services provider Rapid Hot, based in Washington, Pa. Enservco, a national provider of spe...

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