Core Natural Resources, Inc. announced the successful completion of the merger between CONSOL Energy Inc. and Arch Resources, Inc. to form Core.
Effective on January 14, 2025, Core – which trades on the New York Stock Exchange under the ticker symbol CNR – dominates in the world’s metallurgical and thermal coal markets. “We have created a global leader exceptionally well-positioned to compete and succeed,” said Jimmy Brock, Core’s Executive Chair. “Through these two core lines of business, the Core team expects to play an essential role in meeting the world’s growing steel, infrastructure, and energy requirements while driving long-term value for its many stakeholders, including stockholders, customers, employees, and the communities in which we live and work.”
“This combination joins two proven leadership teams and best-in-sector operating platforms to create a premier North American coal producer with worldwide reach and world-class mining and logistics capabilities,” said Paul A. Lang, Core’s Chief Executive Officer. “Since the merger’s announcement, the Arch and CONSOL teams have collaborated to lay the foundation for a swift, efficient, and value-creating integration, and we fully intend to hit the ground running in capturing the combination’s substantial synergies and realizing the full potential of the new enterprise. At the same time, we will be building upon the central principles that have served as the bedrock of both Arch’s and CONSOL’s corporate cultures – a deep and unwavering commitment to safety; environmental and social stewardship; integrity; and operational excellence.”
For more information about Core, visit www.corenaturalresources.com.
International Paper is excited to announce the acquisition of DS Smith to create a new global leader in sustainable packaging solutions. This combination brings together the best of both companies to accelerate growth, improve profitability, and serve customers worldwide with operations in more than 30 countries. Together with DS Smith, International Paper will be a great place to work, with colleagues who value excellence, ethics, and safety above all else.
Additionally, the company will be adding the following Pennsylvania-based facilities to the IP family:
- DS Lithographics Plant (800 Edwards Drive, New Castle)
- DS Smith Reading Paper Mill, Box Plant, PackRight Center (all 100 North Grace Street)
- DS Smith Reading Recycling Center (720 Laurel Street)
RHI Magnesita, the leading global supplier of high-grade refractory products, systems, and solutions, has acquired the U.S.-based Resco Group from an affiliate of Balmoral Funds LLC. The $410 million acquisition is the Group’s most significant investment since the merger of RHI and Magnesita in 2017.
The deal focuses on RHI Magnesita’s delivery of exceptional customer experience in North America by allowing a significant increase in local-for-local production, improving supply chain security for critical industries that underpin the economic health of the region.
“We are thrilled to enhance RHI Magnesita’s footprint in North America with the acquisition of Resco. We extend a warm welcome to our new colleagues and customers,” stated Craig Powell, Regional President of RHI Magnesita North America. “Combining our expertise in refractory solutions with Resco’s strengths in the petrochemical, cement, and aluminum sectors, we aim to broaden our offerings through increased local production and improved supply chain security. This synergy will benefit both our existing and new customers as we set new industry standards and deliver a wider range of solutions. Together, we will build the future of manufacturing and foster a more sustainable world with the highest level of safety, one brick at a time.”
Duquesne University and CVS Health Corp. are partnering to train pharmacists at a reduced tuition cost.
With a goal of helping to boost the number of pharmacists in underrepresented areas and meet the national shortage of pharmacists, the school is offering
CVS pharmacists may be eligible for a 50 percent scholarship for the four-year Doctor of Pharmacy program at Duquesne University. Two other scholarship programs, which CVS already has and can combine with the Duquesne University/CVS scholarship, could lower costs even further.
Courses are scheduled to begin in fall 2025.
“This program reflects Duquesne’s innovative approach to meeting health care needs in our region and beyond,” said Duquesne President Ken Gormley. “We know too many places are under-resourced in our urban and rural communities. This collaborative agreement shows yet another way we’re anticipating and meeting needs.”
Duquesne University has been building up its existing programs in the health sciences with an emphasis on health equity. That includes in 2024 the inaugural class of the College of Osteopathic Medicine, which has been under development for several years.
“With our new College of Osteopathic Medicine and established expertise in nursing, health sciences and pharmacy, we are well-positioned to prepare health professionals both today and in the future,” Gormley said.
CVS Health pointed to research saying that community pharmacists are often the most frequently visited and leaned upon health care provider.
“We believe that innovative tuition-support programs, such as the Tuition Advantage Program we’ve created with Duquesne University, will support students on their path to pharmacy and help ensure patients continue to have convenient and local access to pharmacy care,” said CVS Health EVP and Pharmacy/Consumer Wellness EVP Len Shankman.