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Thursday, March 4th, 2021
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Companies

Century Therapeutics expanding in Philadelphia

By Melina Druga  |   February 19, 2021   |   Companies

Century Therapeutics, a cell therapy company developing cell therapies for cancer, recently announced it plans to expand its operations and laboratory space in Philadelphia. The expansion will he...

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IRRC calls for one-year delay of RGGI mandate, questions governor’s unilateral decision

By Debra Flax  |   February 18, 2021   |   Companies

The Independent Regulatory Review Commission (IRRC) has called for a one-year moratorium on the implementation of Gov. Tom Wolf’s mandate that Pennsylvania join the Regional Greenhouse Gas Initiativ...

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Joint venture purchases Pine Run Midstream

By Melina Druga  |   February 18, 2021   |   Companies

Pine Run Gathering, a joint venture, recently completed its acquisition of Pine Run Midstream from a PennEnergy Resources affiliate and its minority partners for $205 million. Pine Run Gathering is...

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WESCO Datacom business sold to Guillevin International

By Debra Flax  |   February 17, 2021   |   Companies

WESCO International, Inc., headquartered in Pittsburgh, Pa., announced last week that it has sold its WESCO Datacom business located in Canada to Guillevin International, a Canadian distributor of ind...

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Hall Industries streamlining Pennsylvania operations

By Melina Druga  |   February 17, 2021   |   Companies

Hall Industries, an engineering and manufacturing company with multiple locations statewide, recently announced that it will streamline operations in western Pennsylvania in Mercer County. The comp...

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Hospitality businesses in three Congressional districts to share COVID-19 relief funds

By Melina Druga  |   February 16, 2021   |   Companies

The COVID-19 Hospitality Industry Recovery Program (CHIRP) recently awarded $145 million in funding assistance to hospitality industry businesses adversely affected by the pandemic. The districts s...

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Kraft Heinz sells nuts business to Hormel

By Melina Druga  |   February 15, 2021   |   Companies

The Kraft Heinz Company recently announced that it has sold its nuts business to Hormel Foods Corporation for $3.35 billion. The sale includes most products sold under the Planters brand as well as...

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Pittsburgh technology firm purchases software company

By Melina Druga  |   February 12, 2021   |   Companies

Aspirant, a Pittsburgh-based management consulting and technology firm, recently purchased Technical Architecture Solution Engineering (TASE) Labs, a firm providing Microsoft Modern Workplace and Micr...

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Credit: Aurora

Aurora signs autonomous mobility deal with Toyota, Denso

By Debra Flax  |   February 11, 2021   |   Companies

Autonomous driving startup Aurora recently announced that it has entered into a partnership with Toyota and Denso, a major Japanese auto parts manufacturer, to build and deploy self-driving taxis as p...

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Clemens Food Group expanding Hatfield facility

By Melina Druga  |   February 11, 2021   |   Companies

Clemens Food Group, a Montgomery County-based vertically-integrated pork processor, recently announced plans to expand its Hatfield operations. The company will invest more than $228 million to co...

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Bell & Evans initiative aims to expand organic farming

By Melina Druga  |   February 11, 2021   |   Companies

Bell & Evans, a premium poultry producer, recently finalized a long-term sourcing agreement with Cargill, one of its suppliers, to increase domestic organic grain supply and source organic grain. ...

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BNP Paribas expanding in southeastern Pennsylvania

By Melina Druga  |   February 10, 2021   |   Companies

BNP Paribas, a European bank with a presence in 71 countries, recently announced it will relocate its King of Prussia office to Wayne mid-year. BNP Paribas signed a 20-year lease for the new locati...

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Budget proposal provides $14.5M in investment funding

By Melina Druga  |   February 9, 2021   |   Companies

Gov. Tom Wolf has proposed allocating $14.5 million in funding in the 2021-22 General Fund budget to the Ben Franklin Technology Development Authority to provide continued innovation investments. ...

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U.S. Chamber denounces legislation supporting organized unions

By Debra Flax  |   February 8, 2021   |   Companies

The U.S. Chamber of Commerce denounced last week’s reintroduction of the Protecting the Right to Organize (PRO) Act, which the world’s largest business organization argues includes “harmful poli...

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Pennsylvania lawmakers urge passage of legislation that would assist struggling businesses

By Melina Druga  |   February 8, 2021   |   Companies

Nine members of the Pennsylvania delegation in the U.S. House of Representatives sent a letter last week to House leadership urging the inclusion of the RESTAURANTS Act in future COVID-19 relief legis...

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Energy groups applaud Supreme Court decision to review PennEast case

By Debra Flax  |   February 5, 2021   |   Companies

The U.S. Supreme Court announced this week it will hear arguments in the PennEast Pipeline’s eminent domain case against the state of New Jersey, drawing praise from several energy organizations, in...

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Senate committee urges review of Regional Greenhouse Gas Initiative concerns

By Melina Druga  |   February 5, 2021   |   Companies

The state Senate Environmental Resources and Energy Committee recently voted to send a letter to the Independent Regulatory Review Commission urging it to thoroughly review concerns about the Regional...

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Organization launched Pittsburgh Startup Challenge

By Melina Druga  |   February 5, 2021   |   Companies

OneValley, a global entrepreneurship platform that supports entrepreneurs, recently launched the Pittsburgh Startup Challenge. Pittsburgh-based startups apply for a chance to share more than $50,0...

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Polytek acquires Minnesota-based polyurethane, epoxy systems company

By Debra Flax  |   February 4, 2021   |   Companies

Polytek Development Corp., a manufacturer of specialty polymers for mold making, casting, and coating applications, announced Wednesday the acquisition of Endurance Technologies, a company that specia...

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Guttman Realty sells storage terminal to Houston company

By Melina Druga  |   February 4, 2021   |   Companies

Belle Vernon-based Guttman Realty, a fuels distributor, recently closed on its sale of Bulk Terminal Storage, three storage terminals in Pennsylvania, Ohio, and West Virginia, to Houston-based Zenith ...

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