February 27, 2012
The “Pittsburgh Business Times” in its February 24-March 1, 2012 edition is reporting that Aquion is close to signing a deal with RIDC to lease a large portion of the former Sony/Volkswagen plant in New Stanton, Pa. This is great news for the region in that a Carnegie Mellon spinoff with engineers in the Lawrenceville section of Pittsburgh will be staying in the Pittsburgh region...
February 8, 2012
NEW YORK (CNNMoney) -- The U.S. Nuclear Regulatory Commission is expected to approve licenses to build to two new nuclear reactors Thursday, the first approvals in over 30 years.
The reactors are being built in Georgia by a consortium of utilities led by Southern Co. (SO, Fortune 500) They will be sited at the Vogtle nuclear power plant complex, about 170 miles east of Atlanta. The plant already houses two older reactors.
January 30, 2012
“Butler County Business Matters” did a very nice story on manufacturing in Butler County in their February 2012 issue. Penn United’s Dave Frengel started off the issue with a very interesting article on currency manipulation and the effect of this practice on our balance of trade and U.S. exports. Neil Asbaugh of Oberg Industries also added an article on the work of the Butler County Manufacturing...
January 23, 2012
Razi Imam, CEO of 113 Industries and an Adjunct Professor of Entrepreneurship at Carnegie Mellon University, also wrote a Viewpoint article in the “Pittsburgh Business Times” on the subject of Innovation. He highlighted eight areas where the government could do more to help business and the economy by re-focusing on innovation. I thought the points he made were very good ones.
January 17, 2012
Good to see that Mitsubishi (MIT) is planning to build a 50,000 square foot factory in Beaver County, Pa.
The “Pittsburgh Business Times” reported in its January 13 issue that MIT is planning to build a factory to manufacture ventilation and air conditioning equipment for passenger trains. This should be good for Southwest Pa. region in that jobs are being added. Additionally, it solidifies this region’s base of strong manufacturers in the transportation market including Mitsubishi, Bombardier, Wabtec, Toyo Denki, Ansaldo and others with a presence here. www.bizjournals.com/pittsburgh/