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Policy

FXI merges with Innocor to create leading provider of innovative comfort technology

By Melina Druga  |   February 27, 2020   |   Companies

Radnor-based FXI, a supplier to North American home furnishings providers, recently completed a merger with Innocor, an innovative comfort technology solutions provider. The combined company will o...

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Rep. Metcalfe raises concerns about economic impact of Pa. joining Regional Greenhouse Gas Initiative

By Kevin Randolph  |   February 26, 2020   |   Companies

Pennsylvania House Environmental Resources and Energy Committee Chairman Daryl Metcalfe (R-Butler) raised concerns about the impact on the state economy that would result from Pennsylvania joining the...

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Lycoming County receives federal funding to combat flooding

By Melina Druga  |   February 26, 2020   |   Federal

The U.S. Secretary of Commerce’s Economic Development Administration (EDA) recently awarded Lycoming County a $5.6 million grant to repair a structurally unsound I-wall located within the Northeast ...

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Torsella announces custodial banking agreement with Bank of New York Mellon

By Kevin Randolph  |   February 26, 2020   |   Companies

Pennsylvania Treasurer Joe Torsella announced Monday a Service Level Agreement (SLA) with Bank of New York Mellon (BNYM), Pennsylvania’s custodial banking partner. The agreement includes all Comm...

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Dauphin County Commissioners award $6.3M in gaming revenue grants for community projects

By Kevin Randolph  |   February 25, 2020   |   Featured

The Dauphin County Commissioners awarded on Feb. 20 approximately $6.3 million in funding for more than 80 community projects from the county’s share of gaming revenue generated from Hollywood Casin...

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College of technology receives grant for its plastics center

By Melina Druga  |   February 25, 2020   |   Investment

The Appalachian Regional Commission recently awarded Pennsylvania College of Technology an $85,137 grant that will go toward the purchase state-of-the-art injection molding equipment for its Plastics ...

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Senate Resolution to recognize economic and trade relationship between Pennsylvania, Taiwan

By Kevin Randolph  |   February 24, 2020   |   News

State Sen. Gene Yaw (R-Bradford/Lycoming/Sullivan/Susquehanna/Union Counties) plans to introduce a Senate Resolution recognizing the economic and trade relationship between Taiwan and Pennsylvania. ...

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Logan Capital moves headquarters to Newtown Square to support expansion

By Kevin Randolph  |   February 21, 2020   |   Companies

Logan Capital Management, Inc., a registered investment adviser, announced Feb. 18 that it completed its move to its new headquarters in Newtown Square, Pa. The firm noted that the move will allow ...

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Ben Franklin Technology Partners of Northeastern Pennsylvania reports more than 7,000 jobs created or retained in 2019

By Kevin Randolph  |   February 21, 2020   |   Companies

The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP) said Wednesday that 7,273 northeastern Pennsylvania jobs were created or retained as a result of its work in 2019. “Th...

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Bill would reform federal crop insurance

By Melina Druga  |   February 21, 2020   |   Federal

Legislation recently introduced in the U.S. Senate would reform the federal government's crop insurance program. The U.S. Department of Agriculture operates the program intended to protect farmers ...

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NETL launches interactive online project detailing history of northwestern Pennsylvania oil boom, ongoing restoration efforts

By Kevin Randolph  |   February 20, 2020   |   Local

The National Energy Technology Laboratory (NETL) recently launched an interactive online story map that highlights the history of early oil development in northwestern Pennsylvania and NETL’s work t...

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Sen. Aument introduces legislation to ease impact of student loan debt

By Kevin Randolph  |   February 20, 2020   |   Featured

Sen. Ryan P. Aument (R-Lancaster County) introduced two bills Tuesday that would provide new options for student loan debt repayment to help ease the impact of student loan debt on current students an...

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Record 11 percent of state spending goes to small businesses

By Melina Druga  |   February 20, 2020   |   Companies

During fiscal year 2018-2019, 11 percent of state government spending, nearly $800 million, on goods, services, and construction went to small diverse businesses, according to a Bureau of Diversity, I...

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Gov. Wolf announces funding for welding manufacturing training in Susquehanna County

By Kevin Randolph  |   February 19, 2020   |   Investment

Gov. Tom Wolf announced Feb. 14 the approval of $147,616 in new funding for Susquehanna County Career and Technology Center’s (SCCTC) Welding Manufacturing Workforce Training program, which will pro...

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Sen. Pittman urges support of coal plants seeking carbon capture R&D grants

By Kevin Randolph  |   February 19, 2020   |   Featured

Sen. Joe Pittman (R-Armstrong/Butler/Indiana/Westmoreland Counties) sent a letter to Gov. Tom Wolf on Feb. 12 urging him to support Pennsylvania coal plants in seeking recently announced federal carbo...

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Elemica joins Chicagoland Food and Beverage Network

By Melina Druga  |   February 19, 2020   |   Companies

Wayne-based Elemica, a cloud-based Digital Supply Network for global manufacturing industries, recently joined the Chicagoland Food and Beverage Network (CFBN), to share best practices and insights on...

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Discount Tire opens its first Pennsylvania store

By Melina Druga  |   February 18, 2020   |   Companies

Discount Tire, the world's largest tire retailer, recently opened its first Pennsylvania location in Pittsburgh. "Pennsylvania has been a state we've wanted to be a part of for years," Darwin Mede...

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Sen. Toomey introduces bill to permanently extend full expensing provision of Tax Cuts and Jobs Act

By Kevin Randolph  |   February 18, 2020   |   Companies

U.S. Sen. Pat Toomey (R-PA) recently introduced the Accelerate Long-Term Investment Growth Now (ALIGN) Act, which would make permanent the full and immediate expensing provision of the 2017 Tax Cuts a...

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Marcellus Shale Coalition speaks out against Ban Fracking Act

By Kevin Randolph  |   February 17, 2020   |   Featured

Marcellus Shale Coalition (MSC) President Dave Spigelmyer issued a statement on Feb. 13 on legislation recently introduced in the U.S. House of Representatives and the U.S. Senate to ban hydraulic fra...

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Mike Grigalonis

Pennsylvania Economic Development Association names new president

By Kevin Randolph  |   February 14, 2020   |   Local

The Chester County Economic Development Council (CCEDC) announced Wednesday that its chief operating officer, Mike Grigalonis, was named president of the Pennsylvania Economic Development Association ...

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