State investments into municipalities through City Revitalization and Improvement Zones (CRIZ) are transforming cities and spurring economic growth, a roundtable discussion in Reading, Pa. found.
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Pennsylvania Department of Community and Economic Development (DCED) Secretary Rick Siger said the state is investing $40,000 to help train the state’s workforce.
The money would go through the ...
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Cranberry Township, Pa.-based Westinghouse said it has signed a Memorandum of Understanding to accelerate the deployment of its AP1000 reactors.
The agreement with the Emirates Nuclear Energy Comp...
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Legislation introduced by state Sen. Katie Muth (D-Monroeville) would prevent Pennsylvania residents and small businesses from paying for energy costs associated with data center operations.
The l...
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Private equity firms Warburg Pincus and Berkshire Partners said it has completed its previously announced acquisition of Radnor, Pa.-based Triumph Group, Inc.
The privately-held company will conti...
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Legislation proposed by U.S. Rep. Dan Meuser (R-PA) that would expand access to capital for small businesses passed out of the House Small Business Committee Wednesday.
The legislation, the Invest...
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Pittsburgh-based Gecko Robotics said it will partner with defense contractor BPMI to introduce advanced manufacture technology into the production of components installed on U.S. Navy nuclear-powered ...
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PCI Pharma Services, a Philadelphia-based biotherapy manufacturing company, announced Monday it had received a strategic investment co-led by Bain Capital and existing investors Kohlberg and Mubadala ...
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Lancaster-based Ecore International, a global leader in rubber materials reclamation announced it had acquired tire collection and recycling leader, HTI Recycling.
Ecore said the acquisition inclu...
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A new report said the Appalachian region is experiencing decreased unemployment and higher homeownership but still lags behind the rest of the United States in population and income growth.
The re...
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The acquisition of Pioneer Power, Inc. by Warrendale-based Limbach Holdings will strengthen the Pennsylvania company’s position in the Upper Midwest, officials with the company said.
Limbach ann...
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Valley Forge, PA-based UGI International announced it has completed its divestiture of its LPG distribution business in Italy to Italian companies - Goldengas S.p.A., SCG Gas S.p.A. and Beyfin S.p.A.
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ASC Engineered Solutions announced it had sold its foundry and associated facilities in Blossburg, Pa. to Yoe, Pa.-based Rytoria Cap Inc., a leader in circular metal processing and recycling.
The ...
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Pittston Co-Packers Corp. will invest $30 million into a beverage production operation in Luzerne County, Gov. Josh Shapiro said Monday.
The investment will create at least 226 new, full-time jobs...
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Howmet Aerospace, Inc., based in Pittsburgh, announced plans to expand its operations in Morristown, Tenn., adding 217 new jobs on top of the 50 announced last July.
The company made the announcem...
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While nearly 90 percent of products made by Pittsburgh and Chicago-based Kraft Heinz are free of FD&C colors, the company pledged this week it will remove the colors from its U.S. product portfolio be...
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Legislation introduced in Congress would move the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management to Pittsburgh.
Introduced by U.S. Sens. Dave McCormick (R-PA) and John...
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A bill that would ensure Pennsylvanians can make up their own mind about what kinds of fuels they use for energy passed the Pennsylvania Senate on Wednesday.
State Sen. Gene Yaw (R-Williamsport), ...
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Legislation requiring construction work paid for with public funding or tax incentives to use American-made steel passed the Pennsylvania House of Representatives on Monday.
“My American-Made St...
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A new microelectronics facility located in Tobyhanna, Pa., will help the U.S. Army and U.S. Department of Defense ready for a new era of warfighter readiness, officials said.
The Tobyhanna Army De...
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