INDUSTRY FEATURE

How the Moshannon Valley turned economic disaster into multi-million dollar success

By Holly Riddle Photo: Provided. Just a short drive from Penn State’s University Park campus, the greater Moshannon Valley region welcomes visitors with its expansive and beautiful natural landscape and charming small towns like the region’s heart of activity, Philipsburg. However, for the average traveler with no business ties, Moshannon Valley may still just be […]

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Industry News

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02/01/2022
Videon Raises Additional $9M for Innovation in Transformative Live Video Streaming Edge Computing

Edge computing leader Videon just announced that it has raised an additional $9 million, bringing total investment in the past seven months to $16.3 million. This new funding, which is led by Alter Venture Partners with participation from Voyager Capital, Fortson VC, Bruce Chizen, and Cercano Management, will drive even more innovation in Videon’s next-generation […]

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02/01/2022
Nittany Laser’s Tech Solves Defense and Energy’s Biggest (and Tiniest) Problems

What makes Nittany Laser Technologies stand out from its competitors? The fact that there are no competitors — not on this continent, anyway. Drew Nissly’s Philipsburg-based laser welding and cladding company is one of just a handful like it anywhere, and they are solving problems in industries around the world. The company flies under the […]

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01/25/2022
ICYMI: Intel’s Multi-Billion Dollar Investment in Chip Factories Near Ohio State

Last week Intel announced an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio’s Licking County, just outside of Columbus. To support the development of the new site, Intel announced an additional $100 million investment in partnerships with educational institutions to build a pipeline of talent and […]

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01/25/2022
Happy Valley Hospitality Leaders Talk Future of the Industry

As the pandemic continues to present the regional hospitality industry with challenges, tourism and hospitality leaders alike are pivoting to find success in new areas. In late 2019, the hospitality landscape in Centre County was looking pretty rosy. The Central PA Convention & Visitors Bureau had just rebranded as the Happy Valley Adventure Bureau. At […]

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01/25/2022
“All the Brains in One Room:” Emergency Tech Consulting Firm On Move to ‘Innovation Hub’

This winter, as companies grapple with WFH and hybrid work schedules, MCM Consulting Group, Inc. is moving in the opposite direction. The public safety and government technology consulting firm has been largely remote since it was founded in the mid-2000s, with its expert team meeting virtually and onsite as team members helped local government and […]

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01/11/2022
Drucker Diagnostics Opens New Production Line to Meet Growing Demand

If you’ve ever had your blood tested, it was likely processed in a centrifuge made by Happy Valley’s Drucker Diagnostics. After years of steady growth, the global leader in clinical laboratory centrifuges Drucker recently celebrated a big milestone: the opening of a new production line.   As healthcare needs have increased, Drucker’s centrifuges are in demand. President Tom Mallison said the new line will support the hospitals, doctors and […]

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