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Home » Companies » Page 12

Companies

ConnectDER secures $35M funding for increased marketing, product innovation

By Melina Druga  |   December 9, 2024   |   Companies

Philadelphia-based ConnectDER, a home energy technology company, recently raised $35 million in Series D funding. ConnectDER plans to use funding to increase manufacturing, and for market expansio...

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Credit: CNX

CNX signs deal to pay $505M for natural gas business of Apex Energy II

By Kim Riley  |   December 6, 2024   |   Companies

Pittsburgh-based natural gas company CNX Resources Corp. said Dec. 5 it agreed to acquire the natural gas upstream and associated midstream business of Apex Energy II LLC in the Appalachian Basin for ...

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Five Below names Winnie Park as next CEO

By Melina Druga  |   December 6, 2024   |   Companies

Philadelphia-based Five Below, a high-growth value retailer offering products for teens and pre-teens, recently announced it has appointed Winnie Park as CEO and a member of the board of directors, ef...

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Westinghouse’s eVinci achieves major licensing milestone

By Liz Carey  |   December 6, 2024   |   Companies

Cranberry Township, PA.-based Westinghouse said its state-of-the-art eVinci Advanced Logic System (ALS v2) has received approval from the U.S. Nuclear Regulatory Commission. The instrumentation an...

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Utz opens Hanover logistics center

By Melina Druga  |   December 6, 2024   |   Companies

Hanover-based Utz Brands, a branded salty snacks manufacturer, recently opened a 650,000-square-feet logistics center in Hanover. The Rice Distribution Center, named after the grandson of Bill and ...

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Penn Medicine, Independence Blue Cross reach reimbursement rate agreement

By Liz Carey  |   December 5, 2024   |   Companies

The University of Pennsylvania health System (UPHS) and Independent Blue Cross (IBX) announced recently that they had reached a long-term agreement on reimbursement rates. The agreement, which tak...

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Federal loan guarantee ensures battery-maker can finance new Turtle Creek production lines

By Kim Riley  |   December 5, 2024   |   Companies

A newly closed $303.5 million federal loan guarantee ensures battery-maker Eos Energy Enterprises Inc. can finance the construction of two state-of-the-art production lines for battery energy storage ...

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PQ purchases Swedish specialty silicate business

By Melina Druga  |   December 5, 2024   |   Companies

Malvern-based PQ, a silicates, silicas and derivative products producer, recently announced it has agreed to purchase Belgium-based Sibelco Group’s, a global material solutions, specialty silicate b...

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Econo-Pak expands Milford facility

By Melina Druga  |   December 5, 2024   |   Companies

Milford-based Econo-Pak, a contract food packaging and manufacturing company, recently announced it expanded its facility by 125,000-square-feet. The older section of the facility totals 200,000-squar...

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PPG sells architectural coatings business to American Industrial Partners

By Liz Carey  |   December 4, 2024   |   Companies

Pittsburgh-based PPG announced it has sold 100 percent of its U.S. and Canadian architectural coatings business to American Industrial Partners for $550 million. The transaction will include the l...

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Motion & Control Enterprises purchases North East Technical Sales

By Melina Druga  |   December 4, 2024   |   Companies

Zelienople-based Motion & Control Enterprises (MCE), an automation machinery manufacturing company, recently purchased Harleysville-based North East Technical Sales (NETS), a representative and distri...

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California company purchases Eastern Technologies

By Melina Druga  |   December 4, 2024   |   Companies

California-based Sylmar Group, a company making investments in water service and technology businesses, recently completed its purchase of Morgantown-based Eastern Technologies (ETI), an industrial wa...

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Vision RNG signs agreement for landfill gas with South Carolina company

By Liz Carey  |   December 4, 2024   |   Companies

Vision RNG announced Monday a long-term gas rights agreement with the Greenwood County South Carolina landfill. The agreement, which could last as long as 25 years, will provide Vision RNG with ra...

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Environmental Tectonics completes sales-leaseback transaction with VFI Corporate Finance

By Melina Druga  |   December 3, 2024   |   Companies

Southampton-based Environmental Tectonics Corp. (ETC), a software-driven products and services designer and manufacturer, recently closed on the sale and lease back of demonstration equipment to Salt ...

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Richard King Mellon Foundation opens application period for million-dollar pitch competition

By Melina Druga  |   December 3, 2024   |   Companies

The Richard King Mellon Foundation, the largest foundation in Southwestern Pennsylvania, recently opened the application period for a pitch competition aimed at companies seeking to create positive so...

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Annia Aleman

Institute for Entrepreneurial Excellence appoints associate director

By Melina Druga  |   December 2, 2024   |   Companies

The Institute for Entrepreneurial Excellence recently announced the appointment of Annia Aleman as associate director of the IEE and director of Pitt's Small Business Development Center (SBDC) directo...

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Asphalt producer SteelPhalt unveils new brand identity

By Liz Carey  |   December 2, 2024   |   Companies

SteelPhalt, a leader in sustainable asphalt solutions, unveiled a new brand identity to reflect its commitment to sustainability on Tuesday. The company, a division of Philadelphia-based Enviri’...

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PPG completes sale of silicas products business

By Melina Druga  |   November 27, 2024   |   Companies

Pittsburgh-based PPG recently completed the sale of its silicas products business to Poland-based QEMETICA, a soda ash, silicates and other specialty chemicals manufacturer, for approximately $310 mil...

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Westinghouse microreactor to be used for new floating nuclear power plant

By Kim Riley  |   November 27, 2024   |   Companies

The eVinci microreactor developed by Cranberry Township, Pa.-headquartered Westinghouse Electric Co. will provide clean energy for a new floating nuclear power plant (FNPP), the company announced Mond...

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Ansys receives digital engineering solutions contract

By Melina Druga  |   November 26, 2024   |   Companies

The Microelectronics Commons, supported by the U.S. Department of Defense, recently awarded Canonsburg-based Ansys, a software development company, a digital engineering solutions contract. Under t...

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