Local leaders on the current state and future of manufacturing in Happy Valley
By Timothy Kelly An article published by Bloomberg in July focused on the accelerating reshoring trend in manufacturing and noted that companies aren’t just talking about reshoring — they’re taking action. Some companies are moving their supply chains, including primary production facilities, out of China and relocating to the U.S. According to the article, the […]
Happy Valley remains a bright spot in a darkening economy
By Timothy Kelly The home of the CIMP-3D Lab. Research at Penn State has been the foundation of many local high tech and deep tech start-ups. Photo: T. Kelly The S&P 500 is down 8.5% in the last six months. The gross domestic product percentage change from the preceding quarter was negative in the first […]
EnergyCAP Announces Acquisition of Wattics
On August 23, EnergyCAP, a pioneer in energy and sustainability enterprise resource planning (“ERP”) software, announced the acquisition of Wattics, an innovative global provider of energy management analytics and monitoring software. With 40% of global carbon emissions originating from the built environment, many organizations have established goals to decarbonize their operations and achieve net-zero carbon […]
Scholar Hotel Group is expanding again — here’s why that’s such good news
By Greg Woodman Courtyard by Marriott State College. Credit: Marriott The Scholar Hotel Group announced two new hotels in its local portfolio in August. The company bought Residence Inn by Marriott State College for $15.6 million and Courtyard by Marriott State College for $9.1 million from Apple Hotel LLC. Residence Inn by Marriott State College […]
How apprenticeship programs help retain workers amid shortage
By David Rockower Credit: Pennsylvania College of Technology If you haven’t read about the labor shortage, you’ve more than likely experienced it firsthand at your favorite location restaurant or retail store, or even in your own firm. During a recent webinar sponsored by The Ben Franklin Learning Center, Shannon Munro shared details about what’s causing […]
Pennsylvania’s first-ever carbon capture project will have major local, statewide impacts
By Cara Aungst KeyState’s nearly $1 billion project will play a role in Pennsylvania becoming a ‘hydrogen superpower’ over the next 30 years, and Penn State is helping lead the way. KeyState is in the second phase of engineering Pennsylvania’s first carbon capture and storage project, to be built in Clinton County. The gas synthesis […]
Xact Metal bringing affordable metal 3D printing to Latin America
Innovation Park-based metal 3D printing company Xact Metal just announced partnerships in Mexico and Columbia in a push to bring affordable metal 3D printing to Latin America. “At Xact Metal, we’re committed to expanding the adoption and the democratization of metal 3d printing by establishing a new level of price and performance in the industry,” […]
Happy Valley companies receive Ben Franklin investment toward commercialization
By Staff Writer Eleven companies in central and northern Pennsylvania recently received investments from Ben Franklin Technology Partners that will allow them to further develop and commercialize new products and software applications, and stabilize operations in a long-standing manufacturing business. One of the Happy Valley companies to receive funding approval at the Ben Franklin Technology […]
Setting student entrepreneurs up for success
By Gatini Tinsley Students gather at one of the many Penn State entrepreneurship workshops to compete for a chance to make their business dreams a reality. (Credit: Penn State) In 2021, nearly 4 million undergraduates walked across the stage with their undergraduate degrees in hand in the United States. Some dreamed of becoming trailblazers, striving […]
