Archive - News Article
January 23rd, 2014
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 Alphaâ€™s 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.
The PHARE fund appears to be gaining its footing as Marcellus Shale regions are seeing yearly allocations for local distribution.
In 2012, the base allocation for PHARE [Pennsylvania Housing Affordability and Rehabilitation Enhancement] was $2.5 million; for 2013 and beyond, the allocation has doubled.
The six-county region under the North Central Pennsylvania Regional Planning and Development Commission (Cameron, Clearfield, Elk, Jefferson, McKean and Potter Counties) have seen nearly half a million dollars in allocations in the past two years.
NORWICH TWP. â€“Â Corporal Greg Agosti, fire marshal for the Pennsylvania State Police, is investigating an early morning fire which broke out Jan. 22 at 90 White Hollow Rd. in Norwich Township, McKean County.
The fire, which broke out at roughly 7:20 a.m., took the life of a family dog, and displaced Nicole and Brent Leet, along with an 11-year-old female of Smethport.
The cause of the fire in still under investigation and no one was home at the time of the fire. Damage is estimated at approximately $200,000.
KANE â€“ A new date will be set for a preliminary hearing for the alleged drug-influenced driver in a six-fatality traffic accident last Aug. 31 near Lantz Corners.
ST. MARYS â€“ Longtime Elk County Catholic High School varsity boys basketball coach Aaron Straub entered the 2013-2014 season with 688 wins over the course of over 30 seasons coaching the Crusader program. Now in his 32nd season, he needed just 12 wins to record his 700th varsity boys victory, and he achieved that milestone on Monday evening as the Crusaders defeated the Kane Wolves 66-26 at home at the ECCHS gymnasium.
Area agencies and volunteers continue to emphasis mentoring programs during January, recognized as National Mentoring Month.
Sara Sutter from Big Brothers Big Sisters said officials recently received a grant to expand their program but indicated Tuesday morning there are over 20 children on a waiting list for a Big Brother or Big Sister.
The Ridgway Borough Council discussed various solutions for the Main Street parking situation during their regular meeting held Monday evening.
During a meeting of the street lighting, parking and traffic committee held Jan. 9, the committee recommended that signs be installed on Main Street posting two-hour parking limits to be posted from Broad Street to the V.F.W. on both sides of the street. The proposed signs would be funded by the Chamber of Commerce in conjunction with the Heritage Council. The committee also recommended that enforcement be decided upon at a later date.
U.S. Representative Glenn "GT" Thompson (R-Pa. 5th District) attended the Ridgway Fire Department annual awards banquet Saturday night and presented a letter of recognition to the department.
Thompson, who assumed office Jan. 3, 2009, has spent 30 years as a member of Howard Volunteer Fire Company 14 and was also actively involved as an emergency medical technician and rescue technician.
Former Ridgway Fire Department chief John Wygant was honored Saturday night during the department's annual awards banquet at Central Fire Station.
Wygant, chief of the department for 14 years, stepped down during the latter part of 2013.
"I think this is the first time I've been speechless-- yeah, that's unusual," Wygant said as he accepted awards from the Elk County Fire Chiefs Association, the Ridgway Fire Department, Ridgway mayor Dr. Guillermo Udarbe, and state Representative Matt Gabler (R-Clearfield/Elk).
ST. MARYS â€“ A 77-year-old St. Marys man died early Saturday morning in a fire at 523 Brusselles St., St. Marys.
A report filed by Trooper Robert J. Southern of the Ridgway-based state police confirmed the death of James L. Robbins in the blaze which reportedly broke out shortly after 3 a.m. on Saturday, Jan. 18.
His wife, Joan M. Robbins, 69, escaped the blaze and was reportedly transported to UPMC Mercy Hospital. Sources familiar with the situation confirmed Saturday night that she was being treated for second degree burns but had also suffered from severe smoke inhalation.