Jones Day partner given female leadership award
Laura Ellsworth, partner in charge of law firm Jones Day's Pittsburgh office, received the annual Greater Pittsburgh Athena Award on Monday. The award recognizes a woman who has displayed leadership through professional excellence, involvement in community affairs and mentoring other women. Other finalists for this year's award were Lenore Blum, professor at Carnegie Mellon University; Terri Bone, vice president and corporate controller at EQT Corp.; Maurita Bryant, assistant chief of the Pittsburgh Bureau of Police; and Titina Ott, vice president of business process and systems enablement at Oracle Worldwide Alliance & Channels. The 2013 Athena Young Professional Award was presented to Amiena Mahsoob, director of education programs for the World Affairs Council of Pittsburgh.
Value of August future construction contracts up
The value of August contracts for future construction in the Pittsburgh region rose by 27 percent in August because of a huge jump in contracts for nonresidential projects. The value of nonresidential contracts for the month rose by nearly 200 percent, to $42.8 million, from $14.4 million in August 2012, McGraw Hill Construction reported. Residential contracts fell by 10 percent to $59.9 million from $66.4 million. For the year to date, residential and nonresidential contracts rose by 6 percent, to $1.2 billion, from $1.1 billion for the first eight months of 2012. The region includes Allegheny, Armstrong, Beaver, Butler, Fayette, Washington and Westmoreland counties.
Region's gas prices continue steady fall
Continuing the steady decline in gasoline prices, Pittsburgh retailers reported charging 4.1 cents less per gallon than a week ago, according to GasBuddy.com. The average price of gas Sunday in the region was $3.58. The national average was $3.49, or 4.5 cents lower than the week before. GasBuddy analyst Patrick DeHaan predicted prices would fall another 20 cents by Thanksgiving.
PPG Industries plans Russia coatings facility
PPG Industries said it will build a $60 million facility in Russia to make industrial and performance coatings. It will be PPG's first manufacturing operation in Russia, where it already has offices and a training center. The new plant, located in the Lipetsk region, will include a warehouse and distribution center, administrative offices and technical labs. It is expected to employ more than 150 and be completed in the second half of 2015.
Highmark, Butler Health announce multiyear contract
Highmark Inc.'s insurance division and the Butler Health System have announced a new multiyear contract, meaning Highmark insurance customers will have access to Butler Health System. Butler's system includes a 296-bed hospital, 30 diagnostic testing locations and four urgent care clinics.
More briefs, Page A-7
RBS Citizens designating $1B for housing, development
RBS Citizens Financial Group made a commitment to provide $1 billion in funding for affordable housing and community development projects across its 12-state footprint, including Pennsylvania, over the next five years.
Perryman prepares to double titanium production capacity
Perryman Company said it will spend $40 million to expand production of titanium at its plants in Houston, Pa. and California, Pa. The investment will double the company's capacity to produce titanium used to make aerospace fasteners for the Boeing 787 and Airbus A350 as well as products for the medical and other markets. The project is expected to be completed in 2015 and could add as many as 100 jobs, the company said.
Gas detection company breaks ground in Robinson
Industrial Scientific Corp. recently broke ground for the construction of a new 200,000-square-foot building that will serve as the company's global headquarters. The facility will be located in Robinson along Interstate 376. The new facility will allow the company to consolidate all four of its Pittsburgh operations to one location. The gas detection company has more than 965 employees working in 22 countries.
Howard Hanna acquires Chartwell; merger looms
Howard Hanna Real Estate has acquired Cleveland-based Chartwell Group Commercial Real Estate Brokers and their related Chartwell Auction Accelerated Auction Group. The companies will merge with Howard Hanna's Commercial division to form Hanna Chartwell. The new company will be led by Mac Biggar, was had been CEO of Chartwell Group.
American Airlines begins hiring push
American Airlines says it will hire 1,500 new pilots over the next five years and offer jobs to the remaining pilots who are still furloughed. American said Monday that it would begin posting the new jobs this week and hire 45 to 50 pilots per month through next summer. It has already started hiring 1,500 flight attendants. Parent AMR Corp. is trying to merge with US Airways Group Inc. and exit from bankruptcy protection. The merger is being held up by an antitrust lawsuit filed by the Justice Department. A trial is set to begin Nov. 25.
FTC issues statement on Mylan's acquisition
The Federal Trade Commission has told Mylan Inc. that it must divest 11 generic injectable drugs made either by Mylan or Agila Specialties to win approval of its pending acquisition of Bangalore, India-based Agila. "The acquisition as originally proposed would eliminate important competition and likely lead to higher prices," the FTC said. Cecil-based Mylan has said it expects to complete the acquisition, announced in February, in the fourth quarter. In other news, Mylan said it began marketing the first generic version of Pfizer's Vfend oral antifungal medication.
'Cramming' fraud victims receiving refund checks
The Federal Trade Commission is mailing some 139,000 checks totaling about $5.4 million to consumers and businesses victimized by a massive "cramming" operation that put fraudulent charges on their telephone bills. The average refund will be about $39, the agency said. The FTC said it stopped the scam, which was led by an Internet services company known as Inc21, in 2010.
Also in business...
Sheetz, the Altoona convenience store chain, said Joe S. Sheetz, executive vice president of finance and store development, becomes president and CEO of the operation effective today. Chief executive Stan Sheetz, president for 18 years, will continue as chairman. ... John Friel, former president and chief executive of Medrad Inc., joined Blue Water Growth as a director. Blue Water is a Downtown-based consulting firm. Mr. Friel will focus on medical devices and biotechnology, the company said. ... U.S. Steel promoted Susan M. Suver, 54, to senior vice president of human resources and administration. She had been vice president of human resources since 2007.