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Companies

Legislation would allow customers to easily switch utilities providers

By Melina Druga  |   April 1, 2021   |   Companies

The state Senate Consumer Protection and Professional Licensure Committee was recently referred legislation that would improve access for energy customers to switch electricity and natural gas supplie...

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Filterbuy selects Pennsylvania as home to new facility

By Liz Carey  |   March 29, 2021   |   Companies

Filterbuy, Inc., a leading air filter manufacturer, will expand its operations into Pennsylvania, Gov. Tom Wolf announced Thursday. The business's expansion is expected to create at least 120 new,...

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Quaker Houghton sets carbon neutral goals

By Melina Druga  |   March 29, 2021   |   Companies

Quaker Houghton, an industrial process fluids company, recently unveiled plans to be carbon neutral company-wide by 2030 and achieve net zero emissions across its value chain by 2050. To achieve it...

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U.S. Steel representatives confirm major sustainability commitments

By Melina Druga  |   March 26, 2021   |   Companies

United States Steel Corp. representatives spoke Tuesday on the sustainable steel panel at Ceres Conference 2021: Transform Tomorrow Today. Panelists included David B. Burritt, president and CEO; Ke...

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Pennsylvania House Republicans reintroduce Commonwealth’s COVID Comeback

By Liz Carey  |   March 25, 2021   |   Companies

Pennsylvania House Republicans have reintroduced a package of pro-jobs, pro-families, pro-growth legislation designed to get the state back on the road to recovery after the COVID-19 pandemic. Cal...

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Appeals court allows Northern Access Pipeline to proceed

By Hil Anderson  |   March 25, 2021   |   Companies

The long-delayed Northern Access Pipeline in western New York is once again on track for eventual completion following a federal appeals court ruling that granted its approval to an agreement to exten...

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Alcoa supplying aluminum for Audi vehicles

By Melina Druga  |   March 25, 2021   |   Companies

Alcoa Corp. recently announced it is supplying sustainable aluminum to RONAL GROUP for use on the Audi e-tron GT, the automaker’s first electric sports car. The aluminum will be used for the allo...

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Pennsylvania chemical manufacturers applauded for contributions to COVID-19 fight

By Liz Carey  |   March 25, 2021   |   Companies

Pennsylvania’s chemical manufacturers were thanked Tuesday for their role in managing the COVID-19 pandemic and its effects over the last year. From disinfectant wipes to ventilators, test tubes...

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Wabtec lands $70M order from Siemens Mobility

By Melina Druga  |   March 24, 2021   |   Companies

Wabtec Corp. recently received a more than $70 million order to supply Siemens Mobility with products for the London Underground’s Piccadilly Upgrade Program. The program will replace the aging...

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AMETEK purchases computing system company

By Melina Druga  |   March 23, 2021   |   Companies

Berwyn-based AMETEK recently entered into an agreement to purchase Abaco Systems, a leading provider of mission critical embedded computing systems, from Veritas Capital for $1.35 billion in an all-ca...

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State makes available nearly $3M for Schools-to-Work program

By Melina Druga  |   March 19, 2021   |   Companies

The Department of Labor & Industry (L&I) recently made available $2.6 million for Schools-to-Work program grants. Grants will be awarded in increments up to $250,000. Funding must be used to creat...

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PPL Corp. sells Western Power Distribution, buys Narragansett Electric

By Dave Kovaleski  |   March 19, 2021   |   Companies

Allentown-based energy company PPL Corp. is expanding its presence in the U.S. with the acquisition of Narragansett Electric, a Rhode Island-based utility owned by National Grid. PPL is buying Narr...

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Proposed federal CLEAN Futures Act seen as threat to plastics industry in PA

By Tom Ewing  |   March 18, 2021   |   Companies

A bill introduced this month in the U.S. House of Representatives could wallop Pennsylvania's burgeoning shale gas industry and related chemical sectors. Shale gas is the raw material driving major...

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Small business owners see long road to recovery, poll shows

By Liz Carey  |   March 18, 2021   |   Companies

Small business owners said the COVID-19 pandemic gives them a sense of optimism, but most say they still see a long road to recovery before business returns to normal, a new poll shows. According ...

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Honeycomb Credit closes $1.75M seed round to expand capital model nationwide

By Liz Carey  |   March 17, 2021   |   Companies

Pittsburgh-based Honeycomb Credit, a first-of-its-kind loan crowdfunding platform, will expand its community-based small business financing model nationwide after raising $1.75 million in seed funding...

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Cable assemblies company purchases telecom product manufacturer

By Melina Druga  |   March 17, 2021   |   Companies

Ivyland-based Lynn Electronics, a fiber-optic and copper cable assemblies manufacturer, recently purchased Ohio-based Total Cable Solutions, a telecom and data center products manufacturer, for an und...

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State Senate Republicans announce Prioritize PA initiative to help small businesses

By Debra Flax  |   March 16, 2021   |   Companies

A group of Republican state senators announced Monday the launch of the Prioritize PA: Small Businesses initiative that includes a five-bill package designed to aid small businesses that are struggli...

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SEI’s Collective Investment Trust Business tops $100B in assets under administration

By Liz Carey  |   March 16, 2021   |   Companies

Oaks-based SEI, a leading provider of investment processing, investment management, and investment operations solutions, announced Monday that its collective investment trust (CIT) had increased 20.5 ...

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WSFS Financial announces merger with Bryn Mawr Bank

By Debra Flax  |   March 15, 2021   |   Companies

Bryn Mawr Bank Corporation will merge with WSFS Financial Corporation following the signing of a definitive merger agreement by the two financial institutions last week. Simultaneously, the Bryn Ma...

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Legislation would protect entertainment industry

By Melina Druga  |   March 12, 2021   |   Companies

Legislation recently introduced in the state House would help entertainment-related venues negatively impacted by the COVID-19 pandemic. House Bill 878 would establish the Entertainment Venue Indus...

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