McCarthy & Co. merges with New York firm
Blue Bell-based McCarthy & Co., a full-service tax and accounting firm, recently combined with New York City-based Marcum LLP., national accounting and advisory firm. The merger was effective Jun...
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Penske Logistics to increase hiring, open new locations
Reading-based Penske Logistics, a third-party logistics provider, plans to increase hiring this year and open new locations in Chicago and Edison, N.J. "We are opening these new offices to support ...
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Westinghouse, spacecraft company to collaborate on technology programs for federal agencies
Westinghouse Electric Co., a nuclear and clean power technologies and services company, and Pittsburgh-based Astrobotic, a producer of computing systems for spacecraft, recently announced they have ag...
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Ben Franklin invests $925,000 in four companies
Ben Franklin Technology Partners of Northeastern Pennsylvania recently awarded four companies $925,000 in grants. A portion of funding comes from the Pennsylvania Department of Community and Econom...
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Little Leaf Farms to open Carbon County facility
Little Leaf Farms will open a 10 acres, indoor-grown leafy greens production facility in McAdoo, Carbon County, in the autumn. The facility will feature an automated grow system and advanced heatin...
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Piasecki Aircraft Corporation opens Coatesville facility
Piasecki Aircraft Corporation recently celebrated the opening of its Heliplex facility in Coatesville. The facility will be used to design, manufacture, and test Vertical Take Off and Landing aircr...
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Coherent Corp. forms partnership with Mitsubishi Electric for SiC power electronics
Coherent Corp., based in Pittsburgh, signed an agreement with Mitsubishi Electric to collaborate on a program to scale manufacturing of silicon carbide, or SiC, power electronics. SiC power devices...
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Mawson Infrastructure Group names Rahul Mewawalla CEO, president
Sharon, Pa.-based Mawson Infrastructure Group Inc. announced recently that Rahul Mewawalla has been appointed the company’s president and CEO. With operations in American and Australia, Mawson i...
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Exceler raises $5M through opportunity zone funding
Exceler Building Solutions, an exterior panel building systems designer and manufacturer based in Hazleton, Pa., recently announced it has raised $5 million through an opportunity zone fund investing ...
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Mid Penn Bancorp completes purchase of Brunswick Bancorp
Harrisburg-based Mid Penn Bancorp, the parent company of Mid Penn Bank, recently announced it completed its acquisition of Brunswick Bancorp on May 19. The combined stock and cash transaction was valu...
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PPG investing $44M in five facilities in United States, Latin America
Pittsburgh-based PPG recently announced it will invest $30 million to upgrade three powder coating manufacturing facilities in the United States and $14 million to upgrade two facilities in Latin Amer...
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Strategic Advancement Fund approves first loan
The University of Pittsburgh’s (Pitt) Strategic Advancement Fund recently approved its first loan, a $11.6 million loan supporting the creation of the Western Pennsylvania Quantum Information Core ...
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Air Products to open facility in Uzbekistan
Air Products recently signed a $1 billion investment agreement with the Government of the Republic of Uzbekistan and Uzbekneftegaz JSC (UNG), an Uzbek state-owned company producing, storing, processin...
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Fulton Bank releases social reasonability report
Lancaster-based Fulton Bank, a subsidiary of Fulton Financial Corp., recently released its 2022 Corporate Social Responsibility Report highlighting how it aligns with the Sustainability Accounting Sta...
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Wesco expands service portfolio
Pittsburgh-based Wesco International, a business-to- business distribution, logistics services and supply chain solutions provider, recently announced it expanded its portfolio of services designed to...
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Washington D.C. company purchases Evoqua
Washington, D.C.-based Xylem, a global water technology company, recently completed its purchase of Pittsburgh-based Evoqua Water Technologies Corp., a water treatment solutions and services company, ...
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PPG joint venture to deliver paint, clear film solutions for automotive, industrial customers
Pittsburgh-based PPG and Ohio-based Entrotech, a technology-driven film solutions provider, recently formed a joint venture to deliver paint and clear film solutions for automotive and industrial cust...
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Hershey touts progress toward sustainability goals in new ESG report
On Tuesday, the Hershey Company said it was making progress on key sustainability goals in its latest ESG report. The company said its 2022 Environmental, Social and Governance Report showed it ha...
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Amtrak report on Coatesville Train State show “ripple effect” on economy
An Amtrak report on the Coatesville, Pa., train station has found that a reconstruction of the station will spur economic investment nearly double the project’s cost. Reconstruction of the 155-y...
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Shank’s Extracts expanding in Lancaster County
Shank’s Extracts LLC, a specialty ingredient, flavors and botanical extracts company, plans to expand its East Hempfield Township, Lancaster County, headquarters. The project is expected to cost ...
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