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Pittsburgh Business Times
Sunseri family sells Strip District building to Buncher
The ownership stake of a central stretch of the Penn Avenue business district of the Strip District is changing hands.<\p> In the second of a series of sales to come, the Sunseri family that's long been an anchoring presence in the Strip through its Pennsylvania Macaroni Co. store, has sold what's known as the School Board Building at the corner of Liberty Avenue and 21st Street, a classic brick-and-beam warehouse building of a little more than 25,000 square feet next to La Prima Espresso Co.<\p>
Aurora-powered Volvo trucks enter production
Volvo's first production-ready trucks built to utilize Aurora's software are coming off of the assembly line.<\p> The Volvo VNL Autonomous was unveiled a few months ago, and now the initial fleet is coming into production at a Volvo plant in Virginia. The truck will be integrated with the Aurora Driver self-driving system.<\p>
Canonsburg driller logs first CNG sales
One of CNX Resources Corp.’s newest initiatives, a move into making compressed natural gas in a way that doesn’t need to be done mechanically, is moving into commercialization.<\p> Tucked away in the Canonsburg-based natural gas producer’s second-quarter earnings material is word that CNX had sold what it calls ZeroHp CNG to an outside company in July. That would be the first time CNX (NYSE: CNX) has sold the CNG in a process developed by its New Technologies Group.<\p>
WVU picked for $5M grant in work with NASA
West Virginia University may receive a $5 million grant from the U.S. Department of Energy to work with the National Aeronautics and Space Administration (NASA) on the potential for hydrogen production in space.<\p> WVU was selected to participate in an awards negotiation that is part of $33 million being handed out by the U.S. Department of Energy on Thursday in concentrating solar-thermal systems that use solar-based technology to create carbon-free clean fuel, heat and energy storage.<\p>
Projects to Watch: 11 smaller-scale construction projects
The Business Times is no stranger to showcasing construction “projects to watch” features. And over the past few years, there have been plenty of enormous projects to highlight. FNB Financial Center, the UPMC Presbyterian Tower Expansion and the Pittsburgh International Airport Terminal Modernization Program are a few of the big, ongoing projects that come to mind.<\p> A slightly different idea was born as our staff looked out the window of a conference room at our South Side office at The Highline, week after week, watching the renovation of a long-abandoned distillery building being converted into The Distillery at South Shore.<\p>
URA board votes forward plan for Live Nation venue
The board of the Urban Redevelopment Authority of Pittsburgh voted forward a revised plan for a new 4,500-capacity Live Nation entertainment venue at a special meeting late Thursday morning. <\p> In a vote that came only a little more than an hour after a similar action was taken by the board of the city-county Sports & Exhibition Authority that is the public owner of the former arena site, the URA board approved a series of measures for the development team of the Pittsburgh Penguins to buy and move forward with building the new Live Nation facility.<\p>
Pittsburgh specialty pharmacy appoints new CEO
Rare disease specialty drug pharmacy PANTHERx Rare has appointed board member Bansi Nagji as CEO, effective Aug. 1.<\p> Nagji has a substantial background in the specialty pharmacy industry, having served as president of Santa Monica, California-based health tech company GoodRx, as well as on the board of directors of multiple health companies. He also has experience working as a venture capitalist. He has been executive chair at PANTHERx Rare since December 2023. <\p>
Former Saint Vincent archabbot dies age 79
Douglas R. Nowicki, the former archabbot of Saint Vincent Archabbey, died Tuesday, July 23, following a brief illness. He was 79 years old.<\p> Nowicki was a well-known member of the Pittsburgh community who oversaw expansions at Saint Vincent College and was a close friend of Fred and Joanne Rogers and psychological consultant for "Mister Rogers’ Neighborhood."<\p>
How western Pennsylvania's industrial sector can tap funding
Pennsylvania's winning application for $396 million from the Inflation Reduction Act to tackle greenhouse gas emissions stood out among the grant awards, coast to coast. Most of the states' plans focus on the largest emitters of greenhouse gas pollution, transportation or the power-generation industry. But Pennsylvania's grant will tackle industrial pollution.<\p> And that's by design.<\p>
Big Pittsburgh manufacturer to expand in Tennessee
Pittsburgh-based manufacturer Howmet Aerospace Inc. will invest $27.9 million into a factory in Tennessee.<\p> Howmet (NYSE: HWM) made the announcement at the Farnborough International Airshow, a high-profile aviation and aerospace trade show in the United Kingdom that draws decision-makers and industry officials from all over the world. Howmet makes engine and turbine pieces, fastening systems and forged wheels for the aerospace and transportation industries.<\p>
Banks still closing Pittsburgh branches, here's how mid-year stacks up
Branch closures slowed dramatically in Pittsburgh during the first half of 2024 compared with a year ago, but continue to outpace openings. <\p> During the six months ending June 30, 11 branches were shuttered. <\p>
Bass Pro Shops to start approval process for Newbury Market store
Bass Pro Shops and its nearly 20-year process to set up its first store in western Pennsylvania is set to begin its approval process with South Fayette Township.<\p> The plan for the new store is on the agenda for the South Fayette Planning Commission scheduled for Thursday, July 25. The agenda calls for a review and a discussion of a preliminary and final land development plan for a Bass Pro Shops store expected to be in the range of 90,000 to 98,779 square feet along with an adjacent parking lot with 403 spaces, slightly smaller than the 100,000-square-foot store the company announced in March. <\p>
Rockaway Pizzeria moving across town
Rockaway Pizzeria will move from White Oak to Regent Square, taking over a former Square Cafe space.<\p> Owner Josh Sickels opened the original Rockaway in White Oak in 2017 and moved to a larger location in 2020. He opened Hemlock House, a bar and restaurant last year, which is across the street from the 1137 S. Braddock Ave. location Rockaway will soon operate out of. <\p>
Here's what new high-flying strategic alliance means for Babst Calland
Babst Calland on Wednesday announced a strategic partnership with Jeff Immel, the former general counsel of the Allegheny County Airport Authority, that the law firm says will expand the capabilities of its Aerospace, Aviation and Airports practice.<\p> Immel departed ACAA, operator of Pittsburgh International Airport and Allegheny County Airport, in May after serving as senior vice president of legal affairs and general counsel for two years. He then launched his own firm, Immel Law PLLC.<\p>
Why UPMC didn't miss a step, even when impacted by global IT outage
What does IT have to do with the frontline care of health care patients? Turns out it’s a lot, given how many health care and hospital systems were taken down by Friday’s global IT outage that fouled many computers around the country and led to major impacts for airlines, banks and hospitals, among others.<\p> CrowdStrike’s failed software update led to major problems for many sectors of the economy, especially health care. Some of the largest health care systems in the United States — including Mass General Brigham, Cleveland Clinic, Emory Healthcare and RWJBarnabas Health — were forced to cancel procedures and appointments as they worked to recover from what ended up being thousands of inoperable computers. Penn Medicine, in eastern Pennsylvania, also had challenges.<\p>
Highmark partners with Baltimore firm to back accelerator
Applications have opened for a 12-week accelerator program backed by one of Pittsburgh's biggest health care service providers.<\p> Highmark Inc. partnered with Baltimore-based health care corporation LifeBridge Health to back the next cohort of the Healthworx Accelerator, which is backed by CareFirst, another Blue Cross, Blue Shield company. Startups participating in the accelerator will have access to "a diverse network of health care experts from every corner of the industry to provide an insider's perspective and education for early-stage health care companies," according to a release from Healthworx.<\p>
Nelson Mullins adds 2 lawyers in Pittsburgh from this local firm
Nelson Mullins has hired two lawyers from Buchanan Ingersoll & Rooney, bolstering its Affordable Housing and Tax Credits team in Pittsburgh and firmwide.<\p> Michelle Yarbrough Korb joined as a partner and Nathan Kennedy as a staff attorney who will work alongside Yarbrough Korb.<\p>
House hearing on coal's future held in unlikely place
For all the other things that happened during Wednesday’s Pennsylvania House GOP Policy Committee, history was also apparently made as it was conducted 1,100 feet underground at Consol’s Harvey Mine in Greene County.<\p> “I think this is the first-ever underground hearing,” said state Rep. Josh Kail, R-Beaver/Washington Counties, the chair of the policy committee.<\p>
Here's when Fox Rothschild expects to move to its new downtown office
Save the date — and it's coming sooner than initially expected as moving plans ramp up for Fox Rothschild's Pittsburgh office. The law firm now expects to relocate to Six PPG Place a year from now, Michael Syme, office managing partner, confirmed on Wednesday. <\p> "We plan to move next July," Syme stated.<\p>
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