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Pennsylvania Business Report
Ampco-Pittsburgh Corp. subsidiary awarded commercial contracts for two projects
Union Electric Steel Corp., a wholly-owned subsidiary of Ampco-Pittsburgh Corp., was recently selected to supply the initial provisioning of rolls for two projects under construction. The first project is for Ternium Mexico S.A. de C.V. – Pesqueria, a North American steel producer. Roll deliveries are expected to begin during the first half of 2025 and […] The post Ampco-Pittsburgh Corp. subsidiary awarded commercial contracts for two projects appeared first on Pennsylvania Business Report.
Resolution would require state to improve access to career and technical education
The state House of Representatives recently adopted a resolution that would require the state to investigate why thousands of students are being turned away from career and technical education (CTE) programs. H.R. 481 would require Legislative Budget and Finance Commission to identify student barriers to CTE. The commission also would be required to recommend ways […] The post Resolution would require state to improve access to career and technical education appeared first on Pennsylvania Business Report.
The Barnes Global Advisors nabs contract to help advance additive manufacturing technologies
The Barnes Global Advisors (TBGA), an independent advanced manufacturing engineering consultancy headquartered in Pittsburgh, recently signed a new contract in which it will seek industry input to help shape future investments by the Air Force Research Laboratory in metal additive manufacturing. TBGA’s work with the Air Force Research Laboratory (AFRL), through a contract with ARCTOS […] The post The Barnes Global Advisors nabs contract to help advance additive manufacturing technologies appeared first on Pennsylvania Business Report.
Universal Stainless negotiating labor agreement with steelworkers
Bridgeville, Pa.-based Universal Stainless & Alloy Products Inc. (USAP) and Local 2332-2 of the United Steelworkers earlier this month postponed their collective bargaining agreement to work out a better labor deal. “We are pleased to extend the negotiating time frame to allow for a mutually agreeable labor agreement without disruption to the operations and to […] The post Universal Stainless negotiating labor agreement with steelworkers appeared first on Pennsylvania Business Report.
Virpax Pharmaceuticals receives $2.5M loan financing
Berwyn–based Virpax Pharmaceuticals, a company developing branded, non-addictive pain management products, recently closed on a $2.5 million loan financing from an institutional investor which enabled the final payment of its litigation settlement. “This loan by the institutional investor, combined with an agreement to negotiate additional funding, will allow us to continue fulfilling our mission to […] The post Virpax Pharmaceuticals receives $2.5M loan financing appeared first on Pennsylvania Business Report.
Signallamp Health merges with Texas healthcare technology company
Scranton-based Signallamp Health, a healthcare company specializing in remote chronic care management, and Accuhealth, a Texas-based a healthcare technology company, recently announced their merger. The combined company will offer a full suite of high-quality remote care offerings to physician practices and health systems, including remote patient monitoring and chronic care management services. Its client base […] The post Signallamp Health merges with Texas healthcare technology company appeared first on Pennsylvania Business Report.
FDA approves KaliVir Immunotherapeutics drug
The U.S. Food and Drug Administration (FDA) recently approved the Investigational New Drug application for VET3-TGI, a drug developed by Pittsburgh-based KaliVir Immunotherapeutics for patients with incurable, advanced solid tumors. “The initiation of this phase 1/1b clinical study marks a pivotal moment in our continued journey to redefine cancer treatment with oncolytic virus therapy and […] The post FDA approves KaliVir Immunotherapeutics drug appeared first on Pennsylvania Business Report.
Sila Services purchases Gary & Sons
King of Prussia-based Sila Services, a leading home services platform, recently purchased Falls Creek-based Gary & Sons, a heating and cooling company. Gary & Sons “has built an incredible reputation of service excellence over nearly half a century that we are honored to help carry forward in partnership with their team of dedicated, customer-focused, and […] The post Sila Services purchases Gary & Sons appeared first on Pennsylvania Business Report.
Pennsylvania Nuclear Energy Caucus restarted by state lawmakers
On July 1, state lawmakers relaunched the bipartisan, bicameral Pennsylvania Nuclear Energy Caucus in an effort to help facilitate the commonwealth’s nuclear future. Caucus co-chairs, Pennsylvania Sens. John Kane (D-9) and Lynda Schlegel Culver (R-27), along with State Reps. Robert Matzie (D-16) and Tom Mehaffie (R-106) announced the relaunch of the caucus last week. “Nuclear […] The post Pennsylvania Nuclear Energy Caucus restarted by state lawmakers appeared first on Pennsylvania Business Report.
Pennsylvania, Ohio congressional members propose titanium manufacturing bill
U.S. Reps. Mike Kelly (R-PA) and Brad Wenstrup (R-OH) recently offered a bipartisan bill in Congress that would temporarily suspend duties on imports of titanium sponge, an essential raw material used in aircraft frames, jet engines, helicopters, and missiles, among other products. Currently, because titanium sponge is not produced domestically, American manufacturers must import the […] The post Pennsylvania, Ohio congressional members propose titanium manufacturing bill appeared first on Pennsylvania Business Report.
The Robotics Factory accepts five companies to Accelerate program
The Robotics Factory, a program designed to create, accelerate, and scale robotics startups in the Pittsburgh region, recently accepted five companies into the second cohort of its Accelerate program. “The companies joining the Accelerate program follow unique paths to create and build their businesses,” Kevin Dowling, Robotics Factory managing director, said. “We help them perform […] The post The Robotics Factory accepts five companies to Accelerate program appeared first on Pennsylvania Business Report.
Victaulic expanding Lawrenceville foundry
Easton-based Victaulic, a pipe joining and flow control systems company, plans to invest $100 million to expand its Lawrenceville foundry. The company plans to build a 60,000 square-foot machine shop for Computer Numerical Control equipment and a 150,000-square-foot addition to accommodate new automated finishing and paint equipment, core machines, melt furnaces, and molding lines. The […] The post Victaulic expanding Lawrenceville foundry appeared first on Pennsylvania Business Report.
Legislation modernizing Uniform Commercial Code becomes law
Gov. Josh Shapiro recently signed into law Senate Bill 1084, which modernizes the Uniform Commercial Code (UCC). The bill, now Act 41 of 2024, amends Title 13 (the commercial code) and Title 20 (decedents, estates and fiduciaries) of the Pennsylvania Consolidated Statutes to accommodate emerging technologies utilized in commercial transactions. It now covers digital asset […] The post Legislation modernizing Uniform Commercial Code becomes law appeared first on Pennsylvania Business Report.
Bradford White purchases hydronic storage tanks company
Ambler-based Bradford White Corp., a water heater, boiler and storage tank manufacturer, recently purchased Massachusetts-based Heat-flo, a stainless steel indirect water-heating and hydronic storage tanks manufacturer. “Heat-flo is a perfect complement to our existing product portfolio,” Bruce Carnevale, Bradford White president and CEO, said. “For both companies, our customers live at the center of all […] The post Bradford White purchases hydronic storage tanks company appeared first on Pennsylvania Business Report.
Piasecki Aircraft’s new helicopter partnership, remanufacturing project create more jobs
Piasecki Aircraft Corp. continues to thrive in Pennsylvania, where the award-winning developer of vertical lift aircraft is expanding operations and adding more jobs. The company, a global leader in advanced Vertical Take Off and Landing (VTOL) aircraft development, on Wednesday announced a new partnership with Columbia Helicopters to deliver upgraded heavy-lift helicopters worldwide. “We are […] The post Piasecki Aircraft’s new helicopter partnership, remanufacturing project create more jobs appeared first on Pennsylvania Business Report.
TRIUMPH credit ratings upgraded by Moody’s, SP
Credit ratings recently improved for publicly traded Triumph Group Inc., the Radnor, Pa.-headquartered company that designs, develops, manufactures, repairs, and provides spare aerospace and defense parts to the global aviation industry. “TRIUMPH took important strategic actions over the last year to create a more streamlined, value-added and IP-based business with a much stronger balance sheet,” […] The post TRIUMPH credit ratings upgraded by Moody’s, S&P appeared first on Pennsylvania Business Report.
Investment firm invests in Braddock cold storage facility
Massachusetts-based Arctaris Impact Investors, an investment firm focused on businesses and community infrastructure projects in underserved communities, recently announced it is investing $7.3 million in a specialty manufacturing and cold storage facility in Braddock. The investment will allow Arctaris and RDC, a Pittsburgh-based integrated real estate and construction company, to re-open and lease the facility. […] The post Investment firm invests in Braddock cold storage facility appeared first on Pennsylvania Business Report.
Eos Energy Enterprises launches commercial production in Turtle Creek
New Jersey-based Eos Energy Enterprises, a zinc-based long duration energy storage systems provider with manufacturing facilities in Turtle Creek, recently launched commercial production on its first state-of-the-art (SotA) manufacturing line in Turtle Creek to produce Eos Z3TM batteries at scale. “The process we followed from initial discrete manufacturing to semi-automation production provided a disciplined framework […] The post Eos Energy Enterprises launches commercial production in Turtle Creek appeared first on Pennsylvania Business Report.
U.S. Energy Department block grants awarded in Pennsylvania to develop clean energy projects
The U.S. Department of Energy (DOE) on June 28 awarded formula grants totaling roughly $4.34 million to the State of Pennsylvania and Philadelphia through the Energy Efficiency and Conservation Block Grant (EECBG) Program. Overall, DOE awarded a total of $18.5 million in formula grants to four states and 20 local governments, which will use the […] The post U.S. Energy Department block grants awarded in Pennsylvania to develop clean energy projects appeared first on Pennsylvania Business Report.
Rio Tinto to demonstrate Alcoa technology
Rio Tinto, a British mining company, plans to use Pittsburgh-based Alcoa Corporation’s ELYSIS technology in an industrial-scale demonstration project in Quebec. The demonstration includes 10 ELYSIS smelting pots operating at 100 kiloamperes, a size similar to smaller-scale commercial smelters. Alcoa will manufacture, install and operate for the demonstration ELYSIS anodes and cathodes. Alcoa will apply […] The post Rio Tinto to demonstrate Alcoa technology appeared first on Pennsylvania Business Report.
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