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Companies

Pharmaceutical manufacturing facility opening in York County

By Melina Druga  |   May 11, 2021   |   Companies

250 Cross Farm Lane (CFL), a PSC Biotech Corp subsidiary, plans to open a contract pharmaceutical manufacturing facility in York County. The company plans to invest more than $22 million to trans...

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National Infrastructure Bank would revolutionize infrastructure funding, legislators say

By Liz Carey  |   May 10, 2021   |   Companies

A bill that would create a National Infrastructure Bank would rebuild, replace and revolutionize infrastructure in Pennsylvania and the United States without raising taxes, four Pennsylvania legislato...

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AFL-CIO urges U.S. Steel top reconsider Mon Valley decision

By Melina Druga  |   May 10, 2021   |   Companies

Rick Bloomingdale and Frank Snyder, Pennsylvania AFL-CIO president and secretary-treasurer, recently sent a letter to David B. Burritt, United States Steel Corp.'s president and CEO, disagreeing with ...

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House committee votes to send letter confirming Gov. Wolf’s lack of authority to join RGGI

By Debra Flax  |   May 7, 2021   |   Companies

House Environmental Resources and Energy Committee Chairman Daryl Metcalfe (R-Butler) announced this week the committee’s approval to send a warning letter to the Regional Greenhouse Gas Initiative ...

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Pennsylvania Biotechnology Center announces $5M investment from retirement board

By Liz Carey  |   May 7, 2021   |   Companies

Pennsylvania Biotechnology Center (PABC), a nonprofit life sciences incubator based in Doylestown, announced Wednesday that it had received a major investment pledge by the Bucks County Employees’ R...

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Ben Franklin Technology Partners approves $207,200 in economic investment

By Melina Druga  |   May 7, 2021   |   Companies

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) board of directors recently approved $207,200 in early-stage company investments in five companies. BFTP/NEP provide...

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Pennsylvania Industrial Development Authority approves development loans for seven companies

By Melina Druga  |   May 7, 2021   |   Companies

The Pennsylvania Industrial Development Authority (PIDA) recently approved more than $11 million in low-interest loans for seven companies in five counties to create and retain employees, grow operati...

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Reps. Kenyatta, Snyder urge legislature to provide COVID-19 relief to Pennsylvania businesses

By Liz Carey  |   May 6, 2021   |   Companies

On Tuesday, state Reps. Malcolm Kenyatta (D-Philadelphia) and Pam Snyder (D-Green/Fayette/Washington) urged the state legislature to pass a bill that would expand business interruption policies for bu...

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House legislation seeks increase review of proposed regulations

By Melina Druga  |   May 6, 2021   |   Companies

The state House of Representatives recently advanced legislation that would create an enhanced review process of proposed regulations that would have a large financial impact on businesses and taxpaye...

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Small business owners doing better than expected, report shows

By Liz Carey  |   May 5, 2021   |   Companies

A new report from TD Bank shows that Greater Philadelphia small businesses are doing better than expected given the challenges of the COVID-19 pandemic. TD Bank’s 2021 Small Business Survey foun...

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Italian coffee company building West Chester plant

By Melina Druga  |   May 5, 2021   |   Companies

Lavazza North America recently began construction on a facility in West Chester. The company is part of Italian coffee company Lavazza Group, and this is the company’s first roasting and packin...

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Intervala purchases Ohio electronics company

By Melina Druga  |   May 5, 2021   |   Companies

Intervala, a manufacturer of high-reliability, precision electronic, and electromechanical products, recently purchased certain assets of NEOTech’s manufacturing business in Mason, Ohio. NEOTech ...

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U.S. Steel’s Mon Valley decision draws criticism of Wolf administration policies

By Debra Flax  |   May 4, 2021   |   Companies

Following U.S. Steel’s April 30 announcement that it has halted a nearly $1.5 billion upgrade of its Mon Valley plant, state Senate Republicans and Pittsburgh business leaders criticized the “libe...

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New Enterprise Stone & Lime acquires Hempt Bros. stock

By Liz Carey  |   May 4, 2021   |   Companies

New Enterprise Stone & Lime Co., Inc., based in New Enterprise, Pa., announced Friday it had acquired all of the outstanding stock of Hempt Bros., Inc. The purchase includes three aggregate plants...

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New York company purchases Warren insurance company

By Melina Druga  |   May 4, 2021   |   Companies

New York-based USI Insurance Services, one of the world’s largest insurance brokerage and consulting firms, recently completed its purchase of Northwest Insurance Services’ insurance business. ...

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Dauphin County hospitality businesses receive more than $3M in state CHIRP grants

By Melina Druga  |   May 4, 2021   |   Companies

A total of 129 hospitality industry businesses in Dauphin County recently received $3.05 million through the state’s Covid-19 Hospitality Industry Recovery Program (CHIRP). The Capital Region Eco...

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Aramark to acquire Next Level Hospitality

By Liz Carey  |   May 3, 2021   |   Companies

Philadelphia-based Aramark, a global leader in food, facilities management, and uniforms, announced Thursday that it will be acquiring Next Level Hospitality which provides culinary and environmental ...

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Credit: U.S. Steel

U.S. Steel halts Mon Valley upgrades in move to carbon neutral

By Hil Anderson  |   April 30, 2021   |   Companies

A major upgrade of U.S. Steel’s Mon Valley Works south of Pittsburgh was abruptly canceled as part of the steelmaker’s campaign to eliminate its carbon emissions by 2050, the company announced Fri...

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Oil and gas company seeking independent certification

By Melina Druga  |   April 30, 2021   |   Companies

Northeast Natural Energy (NNE), a West Virginia-based oil and gas company operating near Pennsylvania’s southwest border, recently announced it would use continuous emissions monitoring technology t...

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PNC announces $88M community benefits plan

By Liz Carey  |   April 29, 2021   |   Companies

Pittsburgh-based PNC Financial Services Group, Inc. announced Tuesday that it would launch a Community Benefits Plan to provide $88 billion in loans, investments, and other financial support over a fo...

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