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PITTSBURGH - The Houston distribution center for Coca-Cola products is one of a dozen Pennsylvania facilities that are now part of ABARTA Coca-Cola Beverages.
The relationship was finalized Saturday when ABARTA announced that it became an expanded franchise partner of the Coca-Cola Co. by acquiring sales and distribution rights from the world's largest beverage maker throughout the commonwealth.
Financial terms were not disclosed.
Pittsburgh-based ABARTA said in a press release that its acquisition represents Coca-Cola's continued progress in refranchising its North American bottling operation. The agreement also makes ABARTA the 10th largest Coca-Cola franchise in the United States.
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Michelle Burchfield saw a market opportunity in a new drink with ancient origins.
When she discovered that the wrestling coach at her son's school was giving his team a basic honey water concoction to help them hydrate and get an energy boost, Burchfield brought in a partner in co-founder Carla Frank
, a creative director in publishing, and spent two years exploring and refining a new beverage product called Blume Honey Water.
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Justin McElhattan, president of Industrial Scientific Corp., which makes highly technical products and equipment to improve worker safety in mines and other manufacturing settings, is blunt when he describes the Robinson company's mission.
"We dedicate our careers to eliminating death on the job by 2050," he said. "That's our vision and we take that very, very seriously."
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The Block Northway announced Friday on its Facebook page that it would be adding the restaurant Wahlburgers. The date was not provided.
The Boston-based restaurant chain was founded by actors Mark and Donnie Wahlberg and their brother, Paul Wahlberg, a chef.
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A private equity firm has invested in Pittsburgh-based ticketing company ShowClix.
Financial terms weren't announced by ShowClix
or the investor, Providence Strategic Growth. The announcement also said that Tom Costa
will be retiring as CEO although he will remain a senior adviser; Costa will be replaced by Brian Arnone,
who will be president and COO.
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On July 25, Duquesne announced the creation of the Thomas R. Kline Center for Judicial Education within the Duquesne School of Law. The new center was funded by the largest individual gift in Duquesne's law school history, totaling $7.5 million from its namesake, a 1978 Duquesne Law alum and nationally respected lawyer.
The Kline Center for Judicial Education is touted as the first of its kind in the United States. Based in the School of Law, it is a partnership between all nine law schools in Pennsylvania to provide free courses for all of Pennsylvania's judges.
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The University of Pittsburgh has set a new record for the number of patents the government has issued to it in a year, and now ranks in the top third of universities issued United States patents, according to a Tuesday news release.
The U.S. Patent and Trademark office issued 93 patents to Pitt faculty and students in the last 11 months, surpassing the previous record of 80 patents set in fiscal year 2016, spokesman Mike Yeomans said
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Joe Reich surveys the aisles of his pharmacy as he walks toward the front, winding his way around a cart with dry goods an employee has parked by the food shelves. He exchanges warm hellos with a few customers he greets by name.
Elizabeth Pharmacy, a fixture since 1910 at 5041 Second Ave. in Hazelwood, is much like the old-fashioned general store where people mingle to talk about news of the day on their way to work or home. Reich stocks just about anything people might need, from food and clothing items to household and lawn care goods, games, puzzles, school supplies-even flags, portable radios and blow-up swimming pools for outdoor fun in the summer
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Two new film productions have pulled out of shooting in Pittsburgh, and a third may opt out this week if the state of Pennsylvania can't finalize a budget for the new fiscal year.
Dawn Keezer, director of the Pittsburgh Film Office, confirmed that two productions worth a combined value of $80 million that had agreed to shoot in the Pittsburgh area pulled out when they couldn't get a signed letter from the Pennsylvania Department of Community & Economic Development to access the state's film tax credit program.
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Red Oak Cafe in Oakland is closing, according to owner Dave Gancy.
The Cafe, off Forbes Avenue in the Iroquois Building, serves breakfast and lunch. Gancy said he sold the concept off to a buyer about two weeks ago. The shop opened in 2006.
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One Hot Cookie, a baker of fresh cookies and brownies served with toppings and ice cream, is entering Pittsburgh with its first location outside Ohio.
The 4-year-old chain, based in Poland, Ohio, expects to debut at Ross Park Mall in August, according to its website. A specific date wasn't provided. The site is on the mall's upper level, near Restoration Hardware.
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Another clicks-to-bricks retailer is ready to set up shop in East Liberty.
Warby Parker, a designer eyewear venture started online in 2010, has inked a deal to open a store at 6016 Penn Avenue, the retail space within The Penn at Walnut on Highland
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McGuireWoods LLP said its Pittsburgh office will relocate to JLL Center at Tower Two-Sixty on Aug. 14.
The law firm has been based
at 625 Liberty Ave. since 2001. It employs about 70 downtown, including 50 lawyers.
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The Pennsylvania division of the American Petroleum Institute on Tuesday released a new study showing that the U.S. natural gas and oil industry supported 322,600 jobs in the state and contributed $44.46 billion to the state's economy in 2015.
The study, commissioned by API and conducted by PriceWaterhouseCoopers, found that all 50 states, whether energy producing or not, continued to benefit from the industry.
"Pennsylvania is an epicenter of America's energy renaissance," said API's Pennsylvania Executive Director Stephanie Catarino Wissman. "Supporting 322,600 jobs in Pennsylvania, the oil and natural gas industry continues to be an important part of the state's economy as a whole. Under pro-growth energy policies, not punitive taxes and regulations, the industry will have the opportunity to grow and benefit generations to come."
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The Pittsburgh region's seasonally adjusted unemployment rate dipped by three-tenths of a percentage point to 5.1 percent in June, a rate slightly higher than statewide joblessness figures but smaller than the unemployment rate a year ago.
Job figures for the region were released Tuesday by Pennsylvania's Department of Labor and Industry. The state's report said the 10-county region added nearly 11,000 people to the payroll in the year since June 2016
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Akron, Ohio-based oil and gas producer Pin Oak Energy Partners has acquired 10 wells in Ohio and Pennsylvania, as well as 7,700 acres of leases, 22 miles of pipeline and an office in Hermitage from an undisclosed seller. Neither financial terms of the deal nor the selling price were disclosed.
Pin Oak has 363 wells and produces 5.6 million cubic feet per day in the Utica Shale. The acquisition adds 10 wells in Mercer, Crawford and Venango counties, as well as three other counties in nearby Ohio with a total production of 2.2 million cubic feet per day. There are three more wells acquired that have been completed but have yet to be connected to pipeline, according to the company.
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A meeting was held yesterday involving members of the Regional Transportation Alliance of Southwestern Pennsylvania and Indiana county-based stakeholders.
The main topic of discussion was a plan for better transportation in the 10-county region, including Indiana County. That was broken down into seven principles including optimizing existing assets, prioritizing connections to jobs and education, embracing new operating models, making flexible "future-proof" investments, adopting best management practices, supporting multiple mobility options and operating as an integrated system. Ken Zapinski of the Allegheny Conference on Community Development talked about getting many ideas from groups large and small. They basically asked "what is the biggest problem?" to the groups, and were able to identify 50 ideas to work on.
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A Delaware utility company announced Friday it had acquired the assets of a natural gas marketing company in western Pennsylvania.
Chesapeake Utilites Corp. (NYSE: CPK) did not disclose financial terms for the transaction for the assets of ARM Energy Management in western Pennsylvania. It was acquired by Chesapeake Utilities' Peninsula Energy Services Co. (PESCO) division. According to its LinkedIn page, ARM Energy Management markets natural gas, natural gas liquids, crude oil and condensate. Its office is in Pittsburgh.
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According to the website, pittsburghfoodpark.com, it will be located in the Millvale Riverfront Park and on the Three Rivers Heritage Trail.
The park will rotate local food trucks daily, as well as have over 30 local drafts on tap, a performance venue, event space and game yard.
The website does not say when the food truck park will open, but it promises it is coming soon..
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Arcade Comedy is getting a colorful boost for its move across Liberty Avenue, from 811 to 943, in the Downtown Cultural District.
PPG has partnered with The Pittsburgh Cultural Trust through the company's Colorful Communities program. Trust president and CEO Kevin McMahon joined PPG volunteers as they painted the venue Wednesday, and PPG will provide financial and product contributions "to bring color and vitality to the Cultural Trust renovation project.".
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In an effort to keep our clients and colleagues informed about the Pittsburgh commercial real estate market, we send out a weekly email with the top news stories that affect you.
Each day we sort through various industry publications and local news sources to narrow down the top articles that matter to the Pittsburgh commercial real estate investor.
For more information from a
SVN-TRCA Agent
please contact 724-918-4428
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