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News

SAP aims to be carbon neutral by 2023

By Melina Druga  |   March 9, 2021   |   Companies

SAP SE, a German multinational software corporation with its North American headquarters in Newtown Square, recently announced it aims to make its operations carbon neutral by the end of 2023, two yea...

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State Rep. Burns urges Biden to extend tariffs on foreign steel

By Dave Kovaleski  |   March 9, 2021   |   Featured

Pennsylvania State Rep. Frank Burns (D-Cambria) is urging President Joe Biden to extend tariffs on foreign steel and aluminum imposed by former President Donald Trump in 2018. In a written request ...

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U.S. Steel purchases Nanosteel Co. trademarks, patents

By Melina Druga  |   March 8, 2021   |   Companies

United States Steel Corporation (U.S. Steel) recently purchased The NanoSteel Co.’s intellectual property, trademarks, and flat rolled sheet patents for an undisclosed amount. By doing so, it bec...

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Radial expands in Easton, adding 700 positions

By Melina Druga  |   March 8, 2021   |   Companies

Radial, a leading provider of integrated e-commerce logistics, plans to open a second facility in Easton, which is expected to bring more than 700 new jobs to the area. The company will take over t...

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Pennsylvania Chamber looks at impact of minimum wage increases on businesses

By Dave Kovaleski  |   March 8, 2021   |   Featured

The Pennsylvania Chamber of Business and Industry issued a statement last week on a Pennsylvania Department of Labor and Industry report that analyzes the minimum wage in the state. The report, cal...

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State business leaders argue that governor’s budget will further harm struggling employers

By Debra Flax  |   March 5, 2021   |   Companies

During a House Majority Policy Committee hearing this week, several Pennsylvania business leaders testified on the negative impacts of Gov. Tom Wolf’s budget proposal on businesses and employers alr...

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Legislation aims to more than double state’s film industry incentive

By Melina Druga  |   March 5, 2021   |   Investment

Legislation recently introduced in the state Senate aims to increase investment from the film industry. The legislation, introduced by Sen. Camera Bartolotta (R-Greene County), increases the stateâ...

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PIDA approves nearly $2M in loans for infrastructure projects in four counties

By Melina Druga  |   March 5, 2021   |   Investment

The Pennsylvania Industrial Development Authority (PIDA) recently awarded nearly $2 million in low-interest loans to four projects in Bucks, Montgomery, and Westmoreland counties. Lenape Real Estat...

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PECO to invest $6B to enhance infrastructure, further improve reliability

By Dave Kovaleski  |   March 5, 2021   |   Companies

During the next five years, PECO, the Philadelphia Electric Company, will be investing approximately $6 billion across its electric and natural gas systems. It’s part of an ongoing effort to mode...

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Department of Labor and Industry reveals permanent loss of 500,000 jobs due to economic shutdowns

By Debra Flax  |   March 4, 2021   |   Featured

During a House Appropriations Committee budget hearing Tuesday, Jennifer Berrier, acting secretary of the Pennsylvania Department of Labor and Industry (L&I), testified that the state has permanen...

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Westmoreland County Community College receives more than $78,000 in funding for welding training program

By Melina Druga  |   March 4, 2021   |   Investment

The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) and the Appalachian Regional Commission (ARC) recently awarded Westmoreland County Community College (WCCC) in Youn...

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New grant program to provide hospitality industry relief

By Melina Druga  |   March 4, 2021   |   Companies

A new grant program, the COVID-19 Hospitality Industry Recovery Program (CHIRP), will assist local businesses in the hospitality industry that were affected by the COVID-19 pandemic. In December, G...

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Pittsburgh biotech firm LyGenesis to merge with AgeX

By Dave Kovaleski  |   March 4, 2021   |   Companies

Pittsburgh-based LyGenesis, a biotechnology company developing cell therapies that enable organ regeneration, is merging with AgeX Therapeutics, which develops therapeutics for human aging and cell re...

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Pennsylvania receives $27.4M mine reclamation grant

By Melina Druga  |   March 3, 2021   |   Federal

The U.S. Department of the Interior recently awarded Pennsylvania a $27.4 million grant through the Surface Mining Control and Reclamation Act’s (SMCRA) Abandoned Mine Land (AML) grant program. T...

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Investment company closes on new AmerisourceBergen headquarters

By Melina Druga  |   March 3, 2021   |   Companies

PRP, a real estate investment management company, recently closed on its preferred equity investment in the new headquarters for AmerisourceBergen in Conshohocken. AmerisourceBergen, a developer of...

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Hershey sets new sustainability goals to reduce global emissions

By Dave Kovaleski  |   March 3, 2021   |   Companies

The Hershey Company has set new goals to reduce its global emissions as part of its Environment, Social and Governance (ESG) agenda. Specifically, Hershey plans to reduce its absolute Scope 1 and S...

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University of Pittsburgh gets $25M gift for life sciences research from Henry L. Hillman Foundation

By Dave Kovaleski  |   March 2, 2021   |   Investment

The University of Pittsburgh received a $25 million grant from the Henry L. Hillman Foundation to enhance its research in the life sciences. "This gift is an investment in the University of Pittsbu...

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Legislation would require General Assembly to consider RGGI

By Melina Druga  |   March 2, 2021   |   Investment

State Rep. Jim Struzzi (R-Indiana), a member of the House Appropriations Committee, re-introduced legislation in the state House of Representatives that would require the General Assembly’s particip...

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Bill aims to align state government spending with economic concerns

By Melina Druga  |   March 2, 2021   |   Featured

Legislation recently introduced in the state Senate would ensure the state budget aligns with the economy and what taxpayers can afford. The Taxpayer Protection Act, Senate Bill 286, creates a cons...

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Packing company to open Bethel facility

By Melina Druga  |   March 1, 2021   |   Companies

Pregis, a protective packaging manufacturer, plans to open a 300,000-square-foot facility in Bethel in early May. The plant is part of the company’s strategy to add capacity to its e-commerce pr...

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