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Home » News » Page 164

News

Alcoa supplying aluminum for Audi vehicles

By Melina Druga  |   March 25, 2021   |   Companies

Alcoa Corp. recently announced it is supplying sustainable aluminum to RONAL GROUP for use on the Audi e-tron GT, the automaker’s first electric sports car. The aluminum will be used for the allo...

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Legislation would modify Second Stage Loan program

By Melina Druga  |   March 25, 2021   |   Investment

The state House Commerce Committee recently advanced legislation that would modernize the Second Stage Loan program to create job opportunities and boost the economy. The Second Stage Loan program ...

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Pennsylvania chemical manufacturers applauded for contributions to COVID-19 fight

By Liz Carey  |   March 25, 2021   |   Companies

Pennsylvania’s chemical manufacturers were thanked Tuesday for their role in managing the COVID-19 pandemic and its effects over the last year. From disinfectant wipes to ventilators, test tubes...

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Sen. Yudichak urges DCED to promote use of energy tax credits to boost economy

By Melina Druga  |   March 24, 2021   |   Investment

State Sen. John Yudichak (I-Carbon/Luzerne/Monroe counties) recently urged Department of Community & Economic Development (DCED) Secretary Dennis Davin to promote the use of energy tax credits to help...

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Wabtec lands $70M order from Siemens Mobility

By Melina Druga  |   March 24, 2021   |   Companies

Wabtec Corp. recently received a more than $70 million order to supply Siemens Mobility with products for the London Underground’s Piccadilly Upgrade Program. The program will replace the aging...

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State Sen. Yaw questions Wolf’s solar plan for state

By Dave Kovaleski  |   March 24, 2021   |   Featured

Pennsylvania State Sen. Gene Yaw (R-23) raised questions about Gov. Tom Wolf’s plan to produce nearly 50 percent of the state government’s electricity through solar energy. Wolf’s Pennsylvani...

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DEP makes getting low-interest loans for high-impact energy projects easier

By Liz Carey  |   March 23, 2021   |   Featured

The Pennsylvania Department of Environmental Protection (DEP) said Friday that it has reworked the Green Energy Loan Fund (GELF) to make it easier to obtain low-interest loans for large-scale, high-im...

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AMETEK purchases computing system company

By Melina Druga  |   March 23, 2021   |   Companies

Berwyn-based AMETEK recently entered into an agreement to purchase Abaco Systems, a leading provider of mission critical embedded computing systems, from Veritas Capital for $1.35 billion in an all-ca...

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Rep. Thompson meets with PennDOT on bridge tolling proposal

By Melina Druga  |   March 23, 2021   |   News

U.S. Rep. Glenn “GT” Thompson (R-PA) recently met with Pennsylvania Department of Transportation (PennDOT) Secretary Yassmin Gramian and representatives from Gov. Wolf’s office to discuss PennDO...

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Federal working group aims to strengthen U.S. manufacturing

By Melina Druga  |   March 22, 2021   |   Federal

U.S. Rep. Susan Wild (D-PA) recently joined more than 30 of her colleagues in the Democratic Manufacturing Working Group, which will examine key issues to strengthen the U.S. manufacturing sector. ...

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Penn State organization makes recommendations on STEM to White House

By Melina Druga  |   March 22, 2021   |   Federal

ENGINE of Central PA STEM Learning Ecosystem, a Penn State-led STEM organization, is part of a group making recommendations to the Biden-Harris administration on how to improve STEM. The group is c...

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Greater Lehigh Chamber supports Rep. Keller’s Nurses Care Act

By Dave Kovaleski  |   March 22, 2021   |   Featured

The Greater Lehigh Valley Chamber of Commerce voiced its support for a bill introduced in the U.S. House of Representatives by Rep. Fred Keller (R-PA) designed to strengthen the healthcare workforce d...

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State makes available nearly $3M for Schools-to-Work program

By Melina Druga  |   March 19, 2021   |   Companies

The Department of Labor & Industry (L&I) recently made available $2.6 million for Schools-to-Work program grants. Grants will be awarded in increments up to $250,000. Funding must be used to creat...

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Legislation would reform P3 transportation law

By Melina Druga  |   March 19, 2021   |   Investment

Legislation recently introduced in the state House would reform the public private partnership (P3) transportation law. House Bill 920 would amend Act 88 of 2012. It would require the P3 board to ...

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PPL Corp. sells Western Power Distribution, buys Narragansett Electric

By Dave Kovaleski  |   March 19, 2021   |   Companies

Allentown-based energy company PPL Corp. is expanding its presence in the U.S. with the acquisition of Narragansett Electric, a Rhode Island-based utility owned by National Grid. PPL is buying Narr...

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Proposed federal CLEAN Futures Act seen as threat to plastics industry in PA

By Tom Ewing  |   March 18, 2021   |   Companies

A bill introduced this month in the U.S. House of Representatives could wallop Pennsylvania's burgeoning shale gas industry and related chemical sectors. Shale gas is the raw material driving major...

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Small business owners see long road to recovery, poll shows

By Liz Carey  |   March 18, 2021   |   Companies

Small business owners said the COVID-19 pandemic gives them a sense of optimism, but most say they still see a long road to recovery before business returns to normal, a new poll shows. According ...

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Legislation gives state Independent Fiscal Office scoring capability

By Melina Druga  |   March 18, 2021   |   Investment

The state House recently approved legislation that would give the Pennsylvania Independent Fiscal Office (IFO) dynamic scoring capability. Dynamic scoring would allow the agency to provide the Ge...

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Federal bill examines security risks posed by China

By Melina Druga  |   March 18, 2021   |   Federal

Rep. Guy Reschenthaler (R-PA) and two other U.S. Congress members recently reintroduced legislation that would increase cooperation between the United States and its allies to identify and counter sec...

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Honeycomb Credit closes $1.75M seed round to expand capital model nationwide

By Liz Carey  |   March 17, 2021   |   Companies

Pittsburgh-based Honeycomb Credit, a first-of-its-kind loan crowdfunding platform, will expand its community-based small business financing model nationwide after raising $1.75 million in seed funding...

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