IN BRIEF
SAXONBURG — II-VI said it has agreed to buy all of the outstanding shares of Photop Technologies.
The deal consists of cash of about $45.6 million and about 1.1 million shares of II-VI common stock.
In addition, the agreement provides for earnings opportunities based upon Photop achieving certain future financial targets and is subject to closing adjustments.
The agreement has been approved by the shareholders and board of directors of both Photop, and II-VI. The deal is scheduled to close in January 2010.
Photop, headquartered in Fuzhou, China, with more than 3,000 employees, is a manufacturer of engineered materials, optical components, microchip lasers for visible display applications, and optical modules for use in fiber optic communication networks and other consumer and commercial applications.
Upon the closing of the deal, Photop will be combined with II-VI's VLOC subsidiary and Near-Infrared Optics business for financial reporting purposes.
This combined group, along with the Compound Semiconductor Group, will be directed by Vincent Mattera, Jr., vice president of II-VI, who will be promoted to executive vice president of II-VI.
BUTLER TWP — The staff of the VA Butler Healthcare on New Castle Road raised more than $68,000 for local and national charity organizations through the combined federal campaign.Because of their efforts, Amy Friel Capretto and Cherie Clamidori, the VA's CFC chairwomen, were named for the 3 Rivers/Pennsylvania West CFC 2009 Local Hero Award.
Butler Health System's public relations and marketing departments, with their agency partner, the Fitting Group in Pittsburgh, have been named Marketer of the Year for the Medical and Healthcare category by the Pittsburgh chapter of the American Marketing Association for their Heart & Vascular campaign.This is the second year they have received the award.
WEXFORD — Dan Glatz, founder and owner of the sports training/rehabilitation firm Performance UNLIMITED, is opening a second site at PURE Athletex Sportsplex, 1000 Lake Road.For the past three years, Glatz has operated a sports training/rehabilitation facility in Evans City. He is a licensed physical therapist, master's level exercise physiologist, and certified athletic trainer.Glatz works with athletes of all levels including developmental, high school, and college. In addition to sports performance training, Performance UNLIMITED also offers rehabilitative training, speed enhancement training, and generalized strength and fitness training.
GIBSONIA — St. Barnabas has recently elected a number of trustees for boards within the charitable organization. They are:• St. Barnabas Clinical Services — John Turnbull of Hampton Township, chairman; Karen Tabacchi of Penn Township, president; Brooks Barlett of McCandless, treasurer.• The Arbors at St. Barnabas — William Spell of Marietta, Ga., chairman; Karen Tabacchi of Penn Township, president; Karen Russell of Cranberry Township, secretary; state Rep. Mike Turzai of Bradford Woods, treasurer.• St. Barnabas Communities — Joseph C. Scaletta of Pine Township, chairman; Douglas Day of Richland Township, president-secretary; state Sen. Jane Orie of McCandless, treasurer; Gary Bogart of Adams Township, member.• St. Barnabas Charities — Ellen Bramson of Olivenhain, San Diego County, Calif., chairwoman; Nanci Case of Wexford, president; Augusta Kairys of Pittsburgh, treasurer; Rich Andrus of Bradford Woods, member; Marion Piotrowski of Igomar, member.
MEADVILLE — The state Department of Environmental Protection has fined the Seneca Landfill in Lancaster and Jackson townships for odor problems.In the past six months, the DEP has received multiple complaints about the landfill's odor and its failure to implement the company's odor control plan.The DEP has fined the company $22,000, and it has 30 days to address these issues:• More frequent odor control monitoring and being proactive to stop smells;• The operation of the landfill gas collection system to minimize and control odors;• And Seneca's timely response to landfill gas odors when they are detected.
MONACA — The largest zinc producer in the United States and an environmental group have settled a federal lawsuit claiming the company polluted the Ohio River.Under the settlement with Clean Water Action, Horsehead Holding of Monaca will pay $15,000 for past violations and will contribute $25,000 to two environmental projects. The settlement was approved Tuesday.Clean Water Action sued Horsehead a year ago under the Clean Water Act claiming it was sending illegal discharges of industrial wastewater. According to the settlement, Horsehead has already taken steps to reduce pollution.From staff and wire reports
• <B>Dr. Melissa Thimons</B>, DO, of Butler, recently received a three-year appointment as cancer liaison physician for the cancer program at Butler Memorial Hospital.• <B>Dr. Surbhi Agarwal</B> and <B>Dr. Dang-Khea Nguyen</B> have joined Butler Memorial Hospital's hospitalist staff. They are staff doctors who look after admitted patients on behalf of their primary physicians.
