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News

CertainTeed Siding reaches emission reduction goals

By Melina Druga  |   March 19, 2024   |   Companies

Malvern-based CertainTeed Siding, a building products provider, recently achieved a 96 percent reduction in Scopes 1 and 2 emissions from the manufacturing of polymer shakes, vinyl trim, millwork, and...

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Rep. Perry introduces bills to prohibit manipulation of Defense Production Act

By Liz Carey  |   March 19, 2024   |   Featured

U.S. Rep. Scott Perry (R-PA) announced on Friday he had introduced legislation in Congress to prevent President Joe Biden from manipulating the Defense Production Act (DPA). Two bills, the Bullets...

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FDA grants approval of Madrigal Pharmaceuticals liver drug

By Melina Druga  |   March 18, 2024   |   Companies

The U.S. Food and Drug Administration (FDA) recently granted accelerated approval for Rezdiffra, a drug for the treatment of adults with noncirrhotic, nonalcoholic steatohepatitis (NASH) with moderate...

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Braskem partnering with Shell Chemicals on polypropylene

By Liz Carey  |   March 18, 2024   |   Companies

On Thursday, Philadelphia-based Braskem said it was partnering with Shell Chemicals to create bio-attributed and bio-circular polypropylene to meet the growing consumer demand for sustainable plastics...

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Sanjay Chowbey

Kennametal names next president and CEO

By Melina Druga  |   March 18, 2024   |   Companies

Pittsburgh-based Kennametal, a materials science, tooling and wear-resistant solutions provider, recently named Sanjay Chowbey, the company’s vice president, as the next president and CEO, effective...

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Federal legislation would limit Mexican steel imports

By Melina Druga  |   March 15, 2024   |   Federal

Bipartisan legislation recently introduced in the U.S. Senate would limit the number of Mexican steel imports into the United States. The Stop Mexico’s Steel Surge Act would reinstate the 25 perc...

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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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Officials celebrate 200th orphaned or abandoned well plugged under Shapiro administration

By Melina Druga  |   March 14, 2024   |   News

State officials recently gathered in Butler County to plug the 200th orphaned or abandoned well under the Shapiro Administration. This figure is higher than the total for the past nine years comb...

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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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Opposition emerges against Gov. Shapiro’s newly unveiled energy plan

By Kim Riley  |   March 13, 2024   |   Featured

Democratic Pennsylvania Gov. Josh Shapiro on Wednesday unveiled a new energy plan that isn’t sitting well with Republicans in the legislature, businesses, and energy industry groups that denounced t...

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State launches STEM fellowship program

By Melina Druga  |   March 13, 2024   |   News

Pennsylvania recently launched the Science and Technology Fellowship designed to help those with advanced degrees explore STEM (science, technology, engineering, and mathematics) careers in state gove...

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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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Majority of Pennsylvanians oppose LNG export moratorium

By Melina Druga  |   March 13, 2024   |   Featured

The majority of Pennsylvanians, 58 percent, oppose President Joe Biden’s liquefied natural gas (LNG) export moratorium, according to an Axis Research poll conducted online in late February of 601 Pe...

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PECO had lowest rate of outages in 2023

By Melina Druga  |   March 12, 2024   |   Companies

Philadelphia-based PECO, Pennsylvania's largest electric and natural gas delivery company, experienced the lowest power outage rate in company history in 2023. The majority of customers, 86 percent...

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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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U.S. Chamber wins NLRB lawsuit over Joint Employer Rule

By Liz Carey  |   March 12, 2024   |   Featured

On Friday, a judge overturned the National Labor Relations Board’s recent rule on determining joint employer status. U.S District Judge J. Campbell Barker of the Eastern District of Texas vacate...

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EQT to acquire Equitrans Midstream in major natural gas deal

By Dave Kovaleski  |   March 11, 2024   |   Companies

Pittsburgh-based natural gas producer EQT Corp. announced Monday it is acquiring Equitrans Midstream Corp., the developer of the Mountain Valley Pipeline, for about $5.5 billion in stock. EQT said ...

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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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