U. S. Steel sells Transtar business
United States Steel Corporation recently announced it is selling its Transtar business to a Fortress Transportation and Infrastructure Investors (FTAI) affiliate for $640 million. “By selling Tra...
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Kraft Heinz sells nuts business to Hormel Foods
Pittsburgh-based Kraft Heinz Company announced Monday that it has sold its nuts business to Hormel Foods Corporation for $3.35 billion. Previously, the company said it would divest most of its pro...
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Resolution would create commission focused on updating education system
A concurrent resolution soon to be introduced in the state Senate would create a bicameral, 18-month commission focused on the state’s education system. The 2030 Commission on Education and Econo...
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Gov. Wolf announces new funding for minority-owned businesses in Erie
Pennsylvania Gov. Tom Wolf announced the Department of Community and Economic Development (DCED) would provide new funding for minority-owned businesses in Erie County. Part of the Pennsylvania Mi...
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Agricultural Secretary Redding tours York business, highlights urban agriculture grant program
Agriculture Secretary Russell Redding recently toured York Fresh Food Farms in York, where he discussed how farms in urban areas could end food apartheid. The Urban Agriculture Infrastructure Grant...
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Arconic Publishes 2020 Sustainability Report
Pittsburgh-based Arconic Corporation announced it is continuing its path towards sustainability, as evidenced by its release of its 2020 Sustainability and Environmental, Social and Governance Report ...
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Pennsylvania Chamber of Business and Industry launches second phase of economic initiative
The Pennsylvania Chamber of Business and Industry, the state's largest broad-based business association, recently launched the second phase of its Bringing PA Back economic initiative. Phase one a...
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Rep. Nelson establishes Emerging Technologies Caucus
State Rep. Napoleon Nelson (D-Montgomery) recently established a bipartisan House Emerging Technologies Caucus and began circulating an email last week inviting colleagues to join. The caucus would...
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AmerisourceBergen acquires Alliance Health Care businesses
AmerisourceBergen Corporation announced Tuesday that it had completed its acquisition of the majority of Walgreens Boots Alliance’s Alliance Healthcare businesses. AmerisourceBergen purchased th...
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Pennsylvania Industrial Development Authority approves two loans totaling more than $2M
The Pennsylvania Industrial Development Authority (PIDA) recently approved two low-interest loans totaling $2.3 million. Through the Bucks County Economic Development Corp., Home Reserve was approv...
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Hershey releases 2020 sustainability report
The Hershey Co. recently released its 2020 Sustainability Report, which reviews the company's holistic sustainability strategy and highlights progress on key environmental and social initiatives. "...
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Westinghouse purchases Canadian tooling company
Westinghouse Electric Co. recently completed the purchase of Canada-based Laveer Engineering, a custom tooling and solutions provider. The purchase allows Westinghouse to expand its Canada Deuteri...
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State to provide $500,000 to bolster manufacturing workforce through training program
Pennsylvania’s Manufacturing Training-to-Career (MTTC) program recently awarded Rhoads Industries and Workforce Solutions for North Central PA $500,000 in funding to develop programs that bring awar...
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PA Senate Dems hold hearing on Mon Fayette Expressway
The Pennsylvania Senate Democratic Policy Committee held a hybrid in-person and virtual public hearing Tuesday to discuss the Mon Fayette Expressway and its impact on the state's southwest region. ...
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Dollar Mutual Bancorp, Standard AVB Financial merge
Dollar Mutual Bancorp recently completed its merger with Standard AVB Financial. "We are ecstatic to announce the completion of this merger and welcome Standard Bank into the Dollar family," Doll...
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Adelphia Gateway project gets go ahead from FERC
Adelphia Gateway, LLC announced Friday that it had received a Notice to Proceed with the second phase of the project from the Federal Energy Regulatory Commission. The project will convert 50 mile...
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Allied Resources Group acquires RTR Energy Solutions
Exton-based Allied Resources Group (ARG) announced Wednesday that it has acquired RTR Energy Solutions (RTR), a project management services provider to the power delivery systems industry. With of...
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State manufacturing reps outline pro-industry path for PA legislators
Representatives of Pennsylvania’s manufacturers outlined industry-growth and job-creation concerns for state legislators during a Senate Community, Economic and Recreational Development Committee he...
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Committee advances tax code bill
The state Senate Finance Committee recently advanced legislation that would expand the 21st Century Manufacturing Innovation and Reinvestment Deduction Act. Under the current Manufacturing Innovati...
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MSA Safety to purchase gas detection company
MSA Safety Incorporated, a safety equipment manufacturer based in Pittsburgh, recently entered into an agreement to purchase New Kensington-based Bacharach from California private equity firm FFL Part...
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