Allentown-based PPL Electric Utilities recently completed the sale of the approximately 450,000-square-foot 2 North Ninth Street Tower Building and office complex in downtown Allentown to Scranton-bas...
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Philadelphia-based software company Piano recently raised $120 million in financing, funds the company said it will use to optimize its platform, expand its market presence, and support strategic grow...
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Wexford-based COEPTIS, a biopharmaceutical and technology company focused on developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases, recently closed on an additio...
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Pittsburgh-based PNC Financial Services Group, one of the largest diversified financial services institutions in the United States, appointed Douglas Dachille to its board of directors’ risk committ...
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The Pennsylvania Industrial Development Authority (PIDA) recently approved more than $2 million in low-interest loans PIDA provides businesses that commit to creating and retaining full-time jo...
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The Philadelphia Department of Commerce recently launched the $5 million Philadelphia Small Business Catalyst Fund to help high-potential small businesses and entrepreneurs. The fund will foster c...
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The state Senate recently voted to approve Senate Bill 187, legislation that would create an Independent Energy Office (IEO). The bill now moves to the state House of Representatives for consideration...
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The Pennsylvania Department of Agriculture recently awarded 88 companies from 45 counties $10 million in Agricultural Innovation Grant Program grants. The program reimburses agricultural businesses...
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Affiliates of Berkshire Partners, a multi-sector specialist investor in private and public equity, and Warburg Pincus, an aerospace and defense and industrial technology sectors investor, recently ent...
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Pittsburgh-based Kennametal, a materials science, tooling and wear-resistant solutions company, recently elected Douglas Dietrich, Minerals Technologies executive chairman and CEO, to its board of dir...
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SIMONA AMERICA Group, a thermoplastic products manufacturer and supplier, plans to invest $23 million to expand its Archbald facility. The facility, SIMONA AMERICA Industries, will be expanded by m...
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Legislation soon to be introduced in the state Senate would address the electric generation shortfall PJM, the organization that manages the mid-Atlantic power grid, faces. The Grid Stabilization a...
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The Senate Appropriations Committee recently advanced two energy bills. Senate Bill 186, the Abrogation of CO2 Budget Trading Program Regulations Act, would repeal the Regional Greenhouse Gas Initi...
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Cranberry Township-based Westinghouse Electric Co. recently signed a contract to conduct a technical feasibility study assessing the deployment of an AP1000 reactor for GEN energija, Slovenia’s stat...
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Pittsburgh-based Wabtec Corp., a equipment, systems, digital solutions and value-added services provider for the freight and transit rail industries, recently received a $248 million order from Guinea...
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Pittsburgh-based Innovation Works, an active early-stage investor, recently developed a new core curriculum for its AlphaLab accelerator. AlphaLab helps startups find customers, capital, and commun...
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Canonsburg-based CNX Resources Corp., an ultra-low carbon intensive natural gas development, production, midstream, and technology company, recently completed its acquisition of Wexford-based Apex Ene...
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Pine Run Gathering recently completed its acquisition of Canonsburg-based Superior Midstream Appalachian for $120 million subject to customary adjustments. Superior Appalachian owns and operates th...
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Radnor-based Triumph Group’s Actuation Products and Services business delivered a record more than $28 million in aftermarket shipments to support Boeing 787 and Airbus A380 landing gear overhaul ac...
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Federal legislation recently introduced in the U.S. House of Representatives by U.S. Rep. Lloyd Smucker (R-PA), a senior member of the House Ways and Means Committee, would permanently extend Section ...
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