Centric Bank opens SBA program funding
Centric Bank launched a portal for small businesses to apply for the second round of Small Business Administration (SBA) Paycheck Protection Program (PPP) funding. The portal is available to Centr...
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Chestlen Development gives update on Philadelphia hotel project
Chestlen Development LP, owner of the W and Element dual-branded hotel in downtown Philadelphia, recently provided an update on the construction project. In 2012, the city requested Chestlen build ...
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Altoona powerline completed
FirstEnergy Corp. subsidiary Mid-Atlantic Interstate Transmission (MAIT) recently completed and energized a new power line in Altoona. The line has been under construction for nearly a year. It wi...
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American Petroleum Institute focuses on positive environmental change
The American Petroleum Institute (API), which represents all natural gas and oil industry segments, hosted its annual State of American Energy Wednesday. API President and CEO Mike Sommers spoke a...
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Intervala relocating headquarters to Westmoreland industrial park
Intervala, a precision electronic and electromechanical products manufacturer, recently finalized plans to relocate its corporate headquarters and Pennsylvania manufacturing operations to the Westmore...
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Partnership aims to decrease Philadelphia’s digital divide
Philadelphia recently partnered with Philadelphia Fund for Leadership, Innovation, and Entrepreneurship (Philadelphia FLIE) and Keyspot Innovation and Technology Centers (KIT Centers) to enhance digit...
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East Penn wins manufacturing award
The Material Handling Equipment Distributors Association (MHEDA) recently awarded East Penn Manufacturing Co. with the Most Valuable Supplier (MVS) Award for achievements in 2020. This marks the si...
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Air quality improves near U.S. Steel facility
According to area traffic and ambient air quality data, particulate matter (PM2.5) ambient air concentrations near U.S. Steel’s Mon Valley Works fell 40 percent since Spring 2020. Study findings ...
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Utz subsidiary purchases Chicago snack company
Utz Quality Foods, a subsidiary of Utz Brands headquartered in Hanover, recently entered into an agreement to purchase Snak-King Corp.’s Vitner’s brand for $25 million, including intellectual prop...
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Groups enter into agreement to develop Pittsburgh office tower
F.N.B. Corp., the holding company for First National Bank of Pennsylvania, recently entered into a joint venture with the Buccini/Pollin Group, a real estate management company, and Pittsburgh Arena R...
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PPG to purchase German industrial coating company
PPG recently reached an agreement to purchase Wörwag, a German manufacturer of coatings for industrial and automotive applications. Founded in 1918, Wörwag specializes in sustainable liquid, powd...
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Washington County career center receives state funding
The state’s Manufacturing Training-to-Career program recently awarded the Western Area Career and Technology Center (WACTC) in Washington County with $112,262 in funding. WACTC plans to use the f...
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RZ Wealth joining Diversified Lifelong Advisors’ Wayne office
RZ Wealth, a Wayne-based registered investment advisor, will be combining client assets with Delaware-based Diversified Lifelong Advisors. The transaction totaled $900 million. Diversified Lif...
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FICO to host financial education event in Philadelphia region
In conjunction with Operation HOPE credit counselors, FICO, an analytics software firm, will be hosting a free financial education online event today for greater Philadelphia area residents. Attend...
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Public comments on RGGI controversy due by Thursday
The deadline is looming for public comments on Gov. Tom Wolf’s controversial plan to enlist Pennsylvania in the Regional Greenhouse Gas Initiative (RGGI), and some lawmakers are saying the entire pr...
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AmerisourceBergen purchases majority state in healthcare business
Valley Forge-based AmerisourceBergen Corp. recently entered into an agreement to purchase a majority stake in Walgreens Boots Alliance’s Alliance Healthcare businesses for $6.5 billion. The Walg...
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Three projects supporting business expansion, job retention awarded $1.28M in low-interest loans
The Pennsylvania Industrial Development Authority (PIDA) recently approved $1.28 million in low-interest loans for three projects. Through the Bucks County Economic Development Corp, Martelli Realt...
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PPG enters into agreement to purchase coatings manufacturer
Pittsburgh-based PPG recently signed a definitive agreement to purchase VersaFlex, a portfolio company of DalFort Capital Partners, for an undisclosed amount. VersaFlex manufactures polyurethane, e...
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INOVIO, Chinese company enter deal for COVID-19 vaccine
INOVIO, a biotechnology company focusing on DNA medicines to treat and prevent infectious diseases and cancer, recently signed a collaboration and license agreement with Advaccine Biopharmaceuticals S...
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Autonomous mobile robot company doubles revenue
Pittsburgh-based Seegrid Corp., an autonomous mobile robot (AMR) company, doubled revenue year-over-year in 2020 for the second year in a row. The growth can be attributed to increased demand from ...
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