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Home » Reports » Page 25

Reports

Vice president of PA Chamber of Business and Industry to serve on health-care council

By Melina Druga  |   January 13, 2020   |   News

The Pennsylvania Health Care Cost Containment Council (PHC4) recently elected Sam Denisco, Pennsylvania Chamber of Business and Industry vice president of government affairs, as chairman. Created i...

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Unemployment compensation tax rates to drop for businesses

By Melina Druga  |   January 10, 2020   |   News

Unemployment compensation (UC) tax rates for Pennsylvania businesses will decline by 1.1 percent in 2020, the lowest tax rate in 41 years, after the elimination of the UC tax rate interest factor. ...

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Kennametal agrees to downsize Essen, Germany facility, avoiding previously proposed closure

By Kevin Randolph  |   January 8, 2020   |   Companies

Kennametal, a supplier of tooling and industrial materials based in Latrobe, Pennsylvania, announced yesterday that it has agreed to downsize its Essen, Germany facility instead of closing it as previ...

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EQT Corporation appoints David Khani as chief financial officer

By Kevin Randolph  |   January 7, 2020   |   Companies

EQT Corporation, a natural gas production company based in Pittsburgh, recently announced that its board of directors appointed David Khani as chief financial officer, effective Jan. 3. Kyle Derham...

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Tenaris completes acquisition of IPSCO Tubulars, Pennsylvania steel pipe manufacturing facilities

By Kevin Randolph  |   January 7, 2020   |   Companies

Tenaris recently announced the completion of its acquisition of IPSCO Tubulars, Inc., a U.S. manufacturer of steel pipe from PAO TMK. Tenaris will acquire IPSCO’s steel shop in Koppel, Penn., the...

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Lehigh Valley Economic Development Corporation releases ‘Hot Careers’ guide

By Kevin Randolph  |   December 31, 2019   |   Companies

The Lehigh Valley Economic Development Corporation (LVEDC), in collaboration with local education and business partners, recently released a guide to the region’s most in-demand careers. “Stude...

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United States holds competitive advantage in natural gas industry

By Melina Druga  |   December 31, 2019   |   Featured

The United States holds a competitive advantage regarding its domestic supplies of affordable natural gas and natural gas liquids (NGLs), according to the American Chemistry Council. The council st...

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Global Energy Institute report highlights improved U.S. energy security, impact of shale energy

By Kevin Randolph  |   December 20, 2019   |   Featured

The Global Energy Institute of the U.S. Chamber of Commerce recently released the 10th anniversary edition of the Index of U.S. Energy Security Risk, which notes the role of shale and other energy res...

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Lehigh Valley GDP reaches more than $41B

By Melina Druga  |   December 19, 2019   |   Local

The Lehigh Valley’s gross domestic product (GDP) reached $41.2 billion in 2018, according to the U.S. Department of Commerce’s Bureau of Economic Analysis, which is 4.4 percent higher than 2017 an...

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Pennsylvania hospitals support one in 10 jobs, report finds

By Kevin Randolph  |   December 18, 2019   |   Investment

Pennsylvania's hospitals and health systems supported approximately 654,000 jobs, more than one in 10 in the state, and drove $136.1 billion in total economic impact in fiscal year 2018, according to ...

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Montgomery County approves 2020 budget

By Melina Druga  |   December 17, 2019   |   Local

Montgomery County Commissioners recently adopted a $428.4 million budget for 2020. The budget provides a 2.75 percent wage increase for all nonrepresented employees effective Jan. 1 and includes l...

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National Petroleum Council releases reports on infrastructure permitting, CCUS deployment

By Kevin Randolph  |   December 16, 2019   |   Federal

The National Petroleum Council (NPC) recently released two reports, one on infrastructure permitting solutions and one outlining a roadmap for at-scale carbon capture, use and storage (CCUS) deploymen...

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Pennsylvania plays key role in growth of US natural gas industry

By Melina Druga  |   December 12, 2019   |   Federal

Pennsylvania is the nation’s second-largest natural gas provider, according to an Independent Fiscal Office (IFO) report. The state’s production volume grew 10.8 percent this year, 2 percentag...

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Penn Power completing projects to enhance service reliability, prepare for winter weather

By Kevin Randolph  |   December 11, 2019   |   Companies

The Pennsylvania Power Company (Penn Power) recently announced that it expects to complete several projects by the end of the year to improve service reliability for approximately 20,000 customers in ...

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Doylestown medical device company wins Innovative Company of the Year award

By Melina Druga  |   December 2, 2019   |   Companies

The New Jersey Tech Council (NJTC) recently honored OrthogenRx, a Doylestown-based medical device company, with the 2019 Innovative Company of the Year Award, sponsored by Rowan University and Yorktel...

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Northern Trust announces leadership for new Philadelphia office

By Kevin Randolph  |   November 27, 2019   |   Companies

Wealth management services provider Northern Trust announced Monday that Michelle Hong and Melissa Novak, CFA, will lead the team at the firm’s recently opened Philadelphia office. Hong and Novak...

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PennDOT secretary named transit authority’s general manager

By Melina Druga  |   November 26, 2019   |   Companies

The Southeastern Pennsylvania Transportation Authority (SEPTA) board recently voted to appoint Leslie S. Richards, Pennsylvania Department of Transportation secretary, as its general manager. Richa...

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Reps. Ryan, Grove Present Plan to improve Pennsylvania’s financial outlook

By Kevin Randolph  |   November 22, 2019   |   Featured

Reps. Frank Ryan (R-Lebanon) and Seth Grove (R-York) revealed at a news conference Wednesday a plan to improve Pennsylvania's financial situation. Ryan and Grove noted that the plan aims to prevent...

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Pennsylvania sees largest year-over-year rise in 2018 natural gas production: EIA

By Melina Druga  |   November 19, 2019   |   Companies

Fueled in part by growth in Pennsylvania's natural gas production, the United States set a new record-high average for natural gas production of 83.8 billion cubic feet per day (Bcf/d), the U.S. Energ...

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Most Pennsylvania young adults don’t qualify for military service

By Melina Druga  |   November 18, 2019   |   Featured

The majority of young adults in Pennsylvania do not qualify for military service, according to a report by the Council for a Strong America, underscoring the need to direct more funding toward workfor...

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