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PNC Bank, based in Pittsburgh, acquired a portfolio of capital commitments facilities from Signature Bridge Bank through an agreement with the Federal Deposit Insurance Corporation (FDIC) as receiver....
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Emko Capital recently combined two of its metal fabrication equipment brands, Steelmax Tools and Scotchman Industries, into SMX Industrial Solutions.
“Emko Capital is thrilled to support the comb...
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Bryn Mawr-based Essential Utilities recently closed on the sale of its West Virginia natural gas utility assets.
West Virginia-based Hope Gas purchased the assets.
Selling its West Virginia a...
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Erie, Pa.-based Penelec said Monday it had finished its annual emergency preparation drill to test its storm restoration process during a tabletop drill
The company said employee participated in t...
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Hanover-based Utz Brands, a branded salty snacks manufacturer, and its affiliated entities recently announced network optimization initiatives designed to reduce costs and support long-term volume gro...
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According to a new study from Penn State University, Penske Logistics and NTT Data, the supply chain is relying more on data-driven approaches and emerging technologies to handle today’s shipping ch...
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With the conclusion of Pennsylvania Gov. Josh Shapiro’s Regional Greenhouse Gas Initiative (RGGI) Working Group, which endorsed some form of cap-and-trade program — though not specifically endorsi...
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Mechanicsburg-based Pennsylvania American Water, a subsidiary of American Water, recently reached an agreement to purchase Appalachian Utilities, a private, investor-owned system, for an undisclosed a...
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On Wednesday, Pittsburgh-based Westinghouse joined Bechtel and Polish utility company Polskie Elektrownie Jadrowe in signing an Engineering Services Contract for Poland’s first nuclear power plant. ...
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Reading-based Penske Truck Leasing, a full-service truck leasing company, recently opened a 22,752-square-foot facility in Channahon, Ill.
The facility is located on 13.4 acres near Interstate 55 a...
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Republic First Bancorp, based in Philadelphia, reached an agreement with the Norcross Braca Group for a multi-million-dollar investment in the bank and changes to the board.
Under the terms of the...
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Piatt Companies, a real estate developer and management company, recently announced the company’s next chief financial officer and executive vice president of investments.
“This marks a new cha...
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Wawa-based Wawa, a family-owned chain of convenience stores, plans to invest approximately $7 million to expand into Ohio.
Over the next decade, the company plans to open approximately 60 stores. T...
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PPG CEO Tim Knavish
Tim Knavish, PPG president and CEO, recently was elected the company’s board of directors’ chairman. The position is effective Oct. 1.
Michael McGarry, the outgoing chairman and CEO, is retirin...
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Kentucky-based private equity firm MiddleGround Capital recently purchased Gap, Pa.-based Dutchland LLC, a company that engineers, manufactures, and constructs circular, rectangular and elliptical pre...
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Cranberry Township, Penn.-based MSA Safety Inc. announced the grand opening of its new EMEA Global Business Services Center in Warsaw, Poland this year.
The company’s business hub is located in ...
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Philadelphia-based US Pipelining, a company specializing in trenchless pipe rehabilitation technologies, recently completed a refinery rehabilitation project at Motiva’s refinery in Texas.
Work i...
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William F. Oplinger
Alcoa Corp. recently named William F. Oplinger as its next president and CEO.
He also will serve as a member of the board of directors.
Oplinger previously served as executive vice president a...
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Glenn Marshall
First Resource Bank co-founder and CEO Glenn Marshall will retire April 1 after more than 40 years in the banking industry. Lauren Ranalli, the current president and chief financial officer, will beco...
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Grupo Bimbo, the parent company of Horsham, Pa.-based Bimbo Bakeries USA, is currently accepting registrations for the second edition of “Bimbo Open Door,” its platform to invest in startups in th...
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