Local stories category, Page 12
Craft beer group: Stop asking if there are too many craft breweries in Pennsylvania
Is the craft beer business bubble about to burst? Those who make their living promoting, surveying and sampling products of the beer industry in Pennsylvania are convinced that, well, there is no need to worry whether craft beer makers will run out of craft beer drinkers any time soon. Breweries...
Kennametal net income, earnings up in quarter ending Dec. 31
Kennametal Inc. of Pittsburgh saw its net income increase about 33 percent for the quarter ending Dec. 31 compared with a year earlier. Earnings per share jumped by 15 cents, to 66 cents, compared with the same period in 2017, the industrial toolmaker said this week. Kennametal, with headquarters in...
Altoona-based Sheetz marks opening of 100th North Carolina store
Altoona-based Sheetz is celebrating the opening of its 100th store in North Carolina. The store in High Point, N.C. opened on Jan. 31. At a grand opening event, the company gave $2,500 to Special Olympics North Carolina and the same amount to Second Harvest Food Bank of Northwest Carolina. “Sheetz...
Pittsburgh-based EQT confirms layoffs, but details are scant
Pittsburgh-based shale gas producer EQT Corp. confirmed Monday it had laid off employees but would not say how many. The company’s new management team has “taken a number of decisive actions to improve operational efficiency, cash flow and EQT’s financial position,” it said in a statement released Monday. “We are...
