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Companies

Avalo Therapeutics appoints first chief strategy officer

By Melina Druga  |   January 3, 2025   |   Companies

Avalo Therapeutics, a clinical stage biotechnology company with an office in Wayne, recently appointed of Jennifer Riley as its first chief strategy officer, effective Jan. 1. The role will oversee...

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Galera purchases Australian pharmaceutical company

By Melina Druga  |   January 3, 2025   |   Companies

Malvern-based Galera Therapeutics, a biopharmaceutical company with a portfolio of small molecule superoxide dismutase mimetics, recently completed its purchase of Australia-based Nova Pharmaceuticals...

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Attorney general’s office issues restitution payments in SoLo Funds case

By Melina Druga  |   January 2, 2025   |   Companies

The attorney general’s office recently mailed restitution payments totaling $158,924 to 1,309 Pennsylvanians who borrowed money through California-based SoLo Funds, an online lending platform. At...

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Sherlock Biosciences acquired by OraSure

By Liz Carey  |   December 30, 2024   |   Companies

Bethlehem, Pa.-based OraSure Technologies, a point-of-need and home diagnostics leader, announced recently it had acquired Sherlock Biosciences, Inc. a next-generation diagnostics company. OraSure...

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Lawsuit alleges company impersonated Pennsylvania Department of State

By Melina Druga  |   December 30, 2024   |   Companies

The Pennsylvania attorney general’s office recently filed a lawsuit in the Dauphin County Court of Common Pleas against Florida-based PA Corporate Certificates, LLC. and its owners alleging the comp...

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ACNB Bank gets shareholder approvals to acquire Traditions Bank

By Dave Kovaleski  |   December 30, 2024   |   Companies

ACNB Corporation and Traditions Bancorp each received shareholder approvals for ACNB to acquire Traditions Bank. Gettysburg-based ACNB is the holding company for ACNB Bank, while York-based Traditi...

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Ansys collaborating with Sony to test perception in autonomous vehicles

By Liz Carey  |   December 24, 2024   |   Companies

Pittsburgh-based Ansys announced it will collaborate with Sony Semiconductor Solutions Corporation to test perception in autonomous vehicle sensors. Using the Ansys AVxcelerate Sensors, the compan...

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Enviri Corp. names next Harsco Environmental senior vice president, president

By Melina Druga  |   December 24, 2024   |   Companies

Philadelphia-based Enviri Corp., a environmental solutions provider for industrial and specialty waste streams, recently named Christophe Reitemeier as senior vice president and president of its Harsc...

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PMF Industries announces plans to enter clean hydrogen market

By Melina Druga  |   December 24, 2024   |   Companies

Williamsport-based PMF Industries, a tubular components manufacturer, plans to invest more than $7 million to expand its Lycoming County-based manufacturing company and enter the clean hydrogen market...

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State PUC approves FirstEnergy Pennsylvania’s infrastructure improvement plans

By Liz Carey  |   December 23, 2024   |   Companies

FirstEnergy Pennsylvania’s plans to enhance smart grids across Pennsylvania were approved by the Pennsylvania Public Utility Commission Thursday. The third phase of the company’s Long-Term Inf...

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Westinghouse, Bulgarian energy ministry sign contract to conduct safety analysis to license a new nuclear fuel assembly design

By Melina Druga  |   December 23, 2024   |   Companies

Cranberry Township-based Westinghouse Electric Company and Bulgaria’s ministry of energy recently signed a contract for Westinghouse to conduct safety analysis regarding the licensing of a new nucle...

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First Commonwealth Financial Corporation acquires CenterGroup Financial

By Liz Carey  |   December 20, 2024   |   Companies

Indiana, Pa.-based First Commonwealth Financial Corporation said it had acquired CenterGroup Financial, Inc. of Cincinnati in an all-stock transaction valued at more than $54 million this week. Of...

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Kitron receives $5M U.S. Army order

By Melina Druga  |   December 20, 2024   |   Companies

The U.S. Army and allied forces recently placed an order with Kitron, a Scandinavian electronics manufacturing services company, with an annual value of more than $5 million for custom electronics. ...

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American Water Charitable Foundation awards $75,000 in workforce grants

By Melina Druga  |   December 20, 2024   |   Companies

The American Water Charitable Foundation, American Water’s nonprofit organization that contributes to communities where the company and its employees live, work and operate, recently awarded three n...

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UGI Corporation names Michael Sharp president, CEO of AmeriGas Propane

By Liz Carey  |   December 19, 2024   |   Companies

UGI Corporation, in King of Prussia, Pa., announced Michael Sharp would take the helm of AmeriGas Propane effective Dec. 30. “I am pleased to welcome Michael to AmeriGas, and I look forward to o...

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Penns Woods Bancorp, Ohio bank holding company to merge

By Melina Druga  |   December 19, 2024   |   Companies

Ohio-based Northwest Bancshares, Inc., the bank holding company of Northwest Bank, and Williamsport-based Penns Woods Bancorp, the multibank holding company of Jersey Shore State Bank and Luzerne Bank...

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Rep. Deluzio visits SKA Robotics facility in Pittsburgh

By Melina Druga  |   December 19, 2024   |   Companies

U.S. Rep. Chris Deluzio (D-PA) visited Pittsburgh-based robotics engineering firm SKA Robotics’ Harmar facility earlier this month. Deluzio toured the facility and met with the engineering teams...

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Mastech Digital appoints Nirav Patel as next president, CEO

By Melina Druga  |   December 18, 2024   |   Companies

Pittsburgh–based Mastech Digital, a digital transformation services provider, recently appointed Nirav Patel as the company’s next president and CEO, effective Jan. 6. He also will be a member...

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Palvella Therapeutics closes on Pieris merger; completes nearly $80M private placement

By Kim Riley  |   December 18, 2024   |   Companies

Wayne, Pa.-headquartered Palvella Therapeutics Inc. said on Dec. 13 it completed its merger with Boston-based biotechnology company Pieris Pharmaceuticals Inc. The transaction was approved by Pieri...

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Pittsburgh’s FNB Financial Center certified LEED Gold

By Liz Carey  |   December 18, 2024   |   Companies

The new corporate headquarters for Pittsburgh-based FNB Corporation recently received LEED Gold certification, officials with the U.S. Green Building Council said. The majority of FNB’s Pittsbur...

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