Archive - Jan 24, 2014 - News Article
ST. MARYS â A partisan Legislature still appears to stand in the way of state pension reform as ârevenues in the Commonwealth continue to lag behind growing expenses,â one such expense being an âunsustainableâ pension plan, according to Senate President Pro Tempore Joe Scarnati (R-Jefferson).
Rising pension costs are expected to hover around $2 billion for next yearâs budget, up from $1.4 billion for fiscal year 2013.
Representing the 25th District, Scarnati on Thursday morning said it appears the system is broke.
The Polar Sweet Express vendor show is coming to Ridgway this year as the event will be held at the Central Fire Hall on North Broad Street for the first time since it began four years ago.
On Saturday, Feb. 8 from 10 a.m. - 3 p.m. visitors can peruse a plethora of products at booths showcasing jewelry, candles, crafts, primitive decor, cosmetics, children's clothing and accessories, wine, purses, wreaths and homemade soaps to embroidery items, doll clothing, sweets such as candy and kettle corn, furniture, cookware and aprons.
KANE â Feb. 5 is the new date for a preliminary hearing for the alleged drug-influenced driver in a six-fatality traffic accident last Aug. 31 near Lantz Corners.
Alpha Sintered Metals, Inc., based in Ridgway, announced Thursday that O2 Investment Partners, LLC, a Midwest-based private equity firm located in Bloomfield Hills, Mich. and Alphaâs existing management team have acquired the business from Cyprium Partners located in Cleveland, Ohio.Â Terms of the deal were not disclosed.Â Alpha Sintered Metals, Inc., is a premier manufacturer of high-precision powdered metal components and assemblies for the automotive, small engine, recreational vehicle, lawn & garden, commercial vehicle, and agricultural equipment industries.