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Old 12-05-2007, 03:17 PM
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This is interesting.

Johnson Matthey to Build Pa. Plant - Forbes.com

Quote:
UNIONTOWN, Pa. -

Specialty chemicals company Johnson Matthey Inc. will build a $43 million emission control catalyst plant in Fayette County, the British firm announced Thursday.

The plant in Georges Township could create 110 jobs within three years, officials said.

The project includes a $2.25 million loan through the Pennsylvania Industrial Development Authority, an $825,000 opportunity grant, a $300,000 infrastructure development program grant and $200,000 in customized job training funds.

The company plans to make more than 1 million selective catalytic reduction units that reduce emissions of nitrogen oxide from heavy-duty diesel vehicle exhaust.

The company also will retain about 625 jobs at its North American regional headquarters in Chester County.

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Old 12-05-2007, 03:20 PM
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Another local University performing above expectations (during a time when state funding has been low).

California U's campus upgrades boost enrollment to record high - Pittsburgh Business Times:

Quote:
In the early 1990s, California University of Pennsylvania was cash-strapped, with falling enrollment and a master plan that would have torn down the university's original building, Old Main.

Now, enrollment is at a record high, and the university's revenue is exceeding expenses despite repeated decreases in available state funding. Six new dorms have replaced ones built in the 1960s, and a number of other buildings, including an alumni hall and science and technology center, have sprung up. More plans are in the works, including a $45 million convocation center, a road that would loop around the school, and a major renovation and expansion of the Herron Recreation and Fitness Center.

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Old 12-05-2007, 03:22 PM
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A bit more in terms of business news.

Grainger expanding in Pittsburgh - Pittsburgh Business Times:

Quote:
W.W. Grainger Inc., a building maintenance supplier, is increasing its presence in Pittsburgh as part of an $80 million national expansion, the company said Wednesday.

The size of Grainger's three existing area showrooms, in the Strip District, O'Hara and Robinson, will each be more than doubled, and the Lake Forest, Ill.-based company opened two new showrooms, in Greensburg and Cranberry, earlier this year.

Instead of the past practice of customers waiting for an employee to bring the product from the store shelves, Grainger's larger showrooms will let customers shop and pick out their own items. The company plans to add about 15 jobs locally, bringing the total number of employees to 65.

Grainger also announced a $10,000 contribution to the Community College of Allegheny County to support wireless computer technology equipment for the heating, ventilation and air conditioning program and scholarships.

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Old 12-05-2007, 03:25 PM
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I wonder what these look like inside, I haven't even heard much about them! Yet they are at 90% occupancy already!

Pop City - $19.7M Fairfield opens 124 new units, reaches 90% occupancy in East Liberty

Quote:
A new 5.6-acre residential development has opened in East Liberty. The $19.7 million Fairfield, which is at 90% occupancy, features 124 rental apartments in 16 garden, townhouses and low-rise properties.

Fairfield includes a management office located at 6201 Broad St., as well as community and fitness rooms and three tot lots. One-, two- and three-bedroom units range in size from 619 to 1,277 square feet. The mixed-income development, which includes 84 tax credit and 40 market rate units, serves tenants new to East Liberty, as well as 47 former residents of Liberty Park Apartments, East Mall Apartments and Penn Circle Tower.

Located near Borders, Walgreens and Home Depot, Fairfield is hosting a ribbon cutting at 10:30 a.m. on Dec. 6, at the intersection of Penn Circle East and Broad St. A second phase planned for the site may include rental and for-sale housing.

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Old 12-05-2007, 03:26 PM
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More East Liberty news - this is the next hot ticket in Pittsburgh. This revitalization is remarkable.

Pop City - $11.7M mixed-use project receives funding, moves forward at 5801 Penn Avenue

Quote:
East Liberty will soon welcome its fourth major redevelopment project spearheaded by The Community Builders, Inc. (TCB). Funding is in place to start construction on 5801 Penn Avenue, a $11.7 million mixed-use, mixed-income project that will house 54 one- and two-bedroom apartments and 11,000 square feet of ground-floor commercial space.

Situated at the western gateway of Penn Avenue's business district, the four-story residential and commercial building will seek LEED certification. Project architect Strada and contractor Sota Construction Services are known for their expertise in sustainable design and construction.

TCB, who oversaw the development of New Pennley Place, Pennley Commons, and Penn Manor, was selected by the URA to redevelop the former East Mall Apartments site as part of neighborhood-wide revitalization efforts. Financing for 5801 Penn is provided by loans from the URA, PHFA, the Federal Home Loan Bank of Pittsburgh, and private equity. Construction will begin in late spring 2008; the project will be completed during fall 2009.

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Old 12-05-2007, 03:28 PM
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More technology coming to Pittsburgh and up to 400 jobs.

Pop City - $65M Bridgeside Point II project to create 150,000 sf of wet-lab space, up to 400 jobs

Quote:
Ground was broken yesterday for Bridgeside Point II, a new $65 million research facility at The Pittsburgh Technology Center in Hazelwood.

Located at 450 Technology Dr. next to the University of Pittsburgh Biotech Center, the 150,000 square-foot development will house wet lab facilities and offices. The project is being developed by Cleveland-based Ferchill Group, whose proposal for the five-story building was approved by the URA board in February. The specialized lab facility is expected to create up to 400 jobs.

To support the project, the URA is investing $19 million in infrastructure work, including a new 750-space parking garage, roadway improvements and utility placement. Future plans for the technology center may call for mixed-use and hotel developments. Project architect is Downtown-based Strada; contractor is Turner Construction Company, who also built Bridgeside Point I, a 153,000 square-foot lab facility at The Pittsburgh Technology Center. Fully leased, the property serves as Cellomics’ headquarters.

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Old 12-05-2007, 03:29 PM
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This is very good news! Nice to hear more jobs on the way!!!

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Old 12-06-2007, 11:17 AM
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Here is more about The Pittsburgh Promise. This is a HUGE deal. The city is expecting that after UPMC donates it's 100 million, many more charities will follow with UPMC as a catalyst. Already the Pittsburgh Public Schools are meeting to discuss aggressive ways to fund-raise to match UPMC. They have a goal of 250 million which can then sustain the program with 15 million in interest alone per year.

This is phenomenal news in the hopes to help alleviate population loss. Statistics have shown that students who stay or come from out-of-state and pursue higher education in Pittsburgh are way more likely to stay after graduation. Will this reverse population loss? Well, I don't know about that, but it certainly won't hurt.

This article has a fantastic Q&A that I will post for the blurb.

'Promise' campaign to recruit charities - Pittsburgh Tribune-Review

Quote:
The Details

Q: Who's eligible?

A: Pittsburgh Public Schools students who have been enrolled in the district and have lived in the city continuously since ninth grade.

Q: How do you enroll?

A: Students must submit a Free Application for Federal Student Aid form, known as FAFSA, their senior year and every year of post-secondary education so the Pittsburgh Promise's yearly contribution can be calculated.

Q: How much is the benefit?

A: Up to $5,000 a year for up to four years of tuition. Students who already have scholarships that cover the full cost of tuition could be eligible for up to $1,000 a year to cover books, supplies and room and board. The school district intends to work with state education officials to begin a state graduation exam by 2012. Those who pass the exam could get $10,000 a year for up to four years. Those who don't pass, but still graduate high school, would be eligible for $5,000 a year.

Q: What does tuition cost at state system colleges and universities?

A: The average tuition for a four-year college in Pennsylvania is about $8,410 a year, according to a 2005-06 study from The College Board, a nonprofit based in New York City.

Q: Which colleges are eligible?

A: There are 96 public and private colleges and universities and trade schools in Pennsylvania eligible to receive Pittsburgh Promise scholarship money. For a complete list, visit: Pittsburgh Public Schools

Q: Are charter and cyber school students eligible?

A: School district lawyers are still reviewing whether charter and cyber school students who live in Pittsburgh will be eligible, Superintendent Mark Roosevelt said.

Q: Now that UPMC is leading the way, will other foundations, nonprofits and corporations contribute?

A: That's uncertain, but 90 percent of UPMC's $100 million gift to the program depends on raising matching funds from other charities. To donate, visit the Pittsburgh Foundation's Web site at HOME - The Pittsburgh Foundation.

Q: Do high school students have to live up to some moral code to be eligible, such as abstaining from drugs and alcohol and not being convicted of a crime?

A: No. However, the Pittsburgh Promise's board of directors has final review of all cases and could deny scholarships to students. Students graduating in 2009 are required to attend 85 percent of school days to qualify. Beginning in 2010, students must have 90 percent attendance.

Q: What happens if a participant drops out of school after two years? Does the grant become a loan?

A: No, students don't have to repay any money. While attending a college or school, students must maintain a 2.0 grade-point average and progress toward a bachelor's or associate's degree, or an equivalent two-year degree.

Q: What about students who wait to enroll in an institution of higher learning? When does the clock run out for using Pittsburgh Promise money?

A: Students have five years to use the scholarship money to pay for four years of education. That allows for taking a year off before or during college. Deferrals are available to those in the military.

Q: Are students required to try to get other college aid or loans before taking money from the program?

A: Yes. The Pittsburgh Promise is a "last dollar" program. That means its funds are applied only after students receive all other forms of scholarship support.

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Last edited by guylocke; 12-06-2007 at 11:29 AM.
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Old 12-06-2007, 11:20 AM
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Here is the list of colleges/universities that are eligible. You may be surprised, every single school I can think of is on the list including private ones and catholic ones:

Carnegie Mellon, Duquesne, Chatham, Carlow, Point Park, La Roche, Art Institute.. all accounted for. This could also directly raise attendance at 96 colleges/universities in western Pennsylvania and create a cycle of income and viability. I think I will personally write a letter to thank UPMC.

This is something to get excited about!!

http://www.pps.k12.pa.us/14311051715...hool_List_.pdf

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Old 12-06-2007, 11:35 AM
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Originally Posted by guylocke View Post
That's fantastic! SOOOOOOOOOOOO good to hear!

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