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Companies

New Rhein Healthcare Investors moving headquarters to Philadelphia

By Kevin Randolph  |   December 14, 2018   |   Companies

New Rhein Healthcare Investors, an international private equity firm, recently announced that it is moving its global headquarters from Chicago to Philadelphia. The Philadelphia headquarters is in ...

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Medical cannabis company purchases property in Scranton

By Melina Druga  |   December 14, 2018   |   Companies

PharmaCann Penn Plant -- a part of PharmaCann, a medical cannabis business with dispensaries and cultivation facilities in Illinois and New York -- recently purchased 18 acres from the Scranton Lackaw...

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Aro Biotherapeutics raises $13 million for protein drug

By Melina Druga  |   December 13, 2018   |   Companies

Aro Biotherapeutics, a Philadelphia biotechnology company, recently raised $13 million in start-up funding to develop and commercialize its next-generation protein drug platform, Centyrins. Centyri...

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Skills in Scranton hosts workshop on logistics, transportation jobs

By Melina Druga  |   December 12, 2018   |   Companies

Skills in Scranton, in collaboration with the Lackawanna County Workforce Development Board, recently hosted an Educator in the Workplace immersion experience on logistics and transportation. Educa...

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Pennsylvania earns more than $385M since passage of gambling expansion law

By Kevin Randolph  |   December 11, 2018   |   Companies

Pennsylvania has earned more than $385 million from gambling since the passage of a law to expand gambling in the state, according to a recent analysis by PlayPennsylvania.com. "The most notable as...

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Tyler Technologies to provide full suite of public solutions to Northern Tier Pennsylvania Counties

By Kevin Randolph  |   December 10, 2018   |   Companies

Tyler Technologies, Inc. announced Thursday that it signed an agreement with the Northern Tier consortium of Pennsylvania counties for a full suite of Tyler's New World public safety solutions. The...

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Stadium Casino, LLC presents plans for $150M Category 4 casino entertainment facility in Hempfield Township

By Kevin Randolph  |   December 7, 2018   |   Companies

Stadium Casino, LLC, an affiliate of The Cordish Companies, presented plans to the Pennsylvania Gaming Control Board Wednesday for a proposed Category 4 satellite gaming facility at the Westmoreland M...

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PJM Interconnection prepared to meet winter demand, company says

By Kevin Randolph  |   December 7, 2018   |   Companies

PJM Interconnection, which operates the grid serving 65 million people in Pennsylvania, 12 other states and the District of Columbia, said Wednesday that the company and its members are prepared to me...

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Grant funding will be used to expand student video contest

By Melina Druga  |   December 7, 2018   |   Companies

Funding from the Pennsylvania Manufacturing Training-to-Career grant, a part of Gov. Tom Wolf’s Manufacturing PA initiative, will be used to expand the statewide “What’s So Cool About Manufactur...

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Tech Air acquires Scully Welding Supply and Propane Service

By Kevin Randolph  |   December 6, 2018   |   Companies

Tech Air, a national distributor of industrial, medical, and specialty gases and related equipment and supplies, announced Tuesday that it acquired Collingdale, Pennsylvania-based Scully Welding Suppl...

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Ben Franklin Northeast to invest $486,250 in Pennsylvania companies

By Kevin Randolph  |   December 5, 2018   |   Companies

The Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP), part of a four-center economic development initiative of the Pennsylvania Department of Community and Economic Development...

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Business groups challenge Philadelphia ordinance barring employers from asking about salary history

By Kevin Randolph  |   December 5, 2018   |   Companies

NFIB, the Pennsylvania Chamber of Business and Industry, and the U.S. Chamber of Commerce recently filed an amicus brief challenging a Philadelphia ordinance prohibiting employers from asking job cand...

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Novacyt signs $3M diagnostics supply agreement with Genesis Diagnostics

By Kevin Randolph  |   November 29, 2018   |   Companies

Novacyt, an international clinical diagnostics company, announced Tuesday that its molecular testing division, Primerdesign Ltd., signed an exclusive supply agreement worth at least $3 million with Ge...

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Evonik Corporation to expand in Trexlertown, Lehigh County

By Kevin Randolph  |   November 29, 2018   |   Companies

The Evonik Corporation, a German specialty chemicals company, will expand its technology and business capacities at its current location in Trexlertown, Lehigh County. The project is expected to cr...

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System One, Pittsburgh Life Sciences Greenhouse and Health IT Pittsburgh collaborate to advance new technologies

By Kevin Randolph  |   November 28, 2018   |   Companies

System One, a provider of specialized workforce solutions and integrated services, announced yesterday that it formed a strategic partnership with Pittsburgh Life Sciences Greenhouse (PLSG), a life sc...

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AMETEK purchases Spectro Scientific

By Melina Druga  |   November 28, 2018   |   Companies

AMETEK, global manufacturer of electronic instruments and electromechanical devices based in Berwyn, recently completed its $190 million acquisition of Spectro Scientific. Spectro provides cloud-ba...

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Carnegie Mellon University awarded $5M renewal of National Science Foundation CyberCorps Scholarship for Service program

By Kevin Randolph  |   November 27, 2018   |   Companies

Carnegie Mellon University was recently awarded a $5 million renewal of its National Science Foundation CyberCorps Scholarship for Service (SFS) program through 2023. The program provides students ...

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Ott Group creates Philadelphia bioscience subsidiary

By Melina Druga  |   November 26, 2018   |   Companies

The Ott Group recently announced it has created a subsidiary, Ethos Biosciences, to focus on the design, development, and manufacture of high-quality, easy-to-use diagnostic kits and reagents. Th...

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Beemac Trucking opens two Houston terminals

By Melina Druga  |   November 21, 2018   |   Companies

Flatbed transportation company Beemac Trucking recently opened two terminals in the greater Houston area. Beemac, headquartered in Ambridge, Pa., provides asset-based trucking, specialized hauling...

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University of Pa. Health System, Independence Blue Cross see fewer hospital readmissions

By Kevin Randolph  |   November 20, 2018   |   Companies

Independence Blue Cross recently announced that the first year of a five-year initiative between the insurer and the University of Pennsylvania Health System (UPHS) resulted in a more than 25 percent ...

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