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Home » Companies » Page 4

Companies

Asylon Robotics raises $24M in funding to accelerate product development, partnerships

By Melina Druga  |   July 23, 2025   |   Companies

Norristown-based Asylon Robotics, a robotic security systems developer, recently raised $24 million in Series B funding. The company will use the funding to accelerate product development across it...

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Dr. Orla Cloak

Minaris Advanced Therapies names new CEO

By Melina Druga  |   July 23, 2025   |   Companies

Philadelphia-based Minaris Advanced Therapies, a development and manufacturing organization and contract testing provider focused exclusively on cell and gene therapies, recently appointed Dr. Orla Cl...

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AMETEK acquires 3D tech company FARO Technologies

By Debra Flax  |   July 22, 2025   |   Companies

Berwyn, Pa.-based AMETEK, Inc., completed its acquisition of FARO Technologies, Inc., a leading provider of 3D measurement and imaging solutions, for approximately $920 million, AMETEK announced on Mo...

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Baltimore Fabrication to expand manufacturing operation in York County

By Debra Flax  |   July 21, 2025   |   Companies

Baltimore Fabrication, a Maryland metal fabrication company, will invest $6.2 million to expand its manufacturing operation in York County, Gov. Josh Shapiro announced last week. The expansion—the ...

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EICI launches $135M training hub for future energy workforce in SW Pennsylvania

By Kim Riley  |   July 21, 2025   |   Companies

The Energy Innovation Center Institute (EICI) on July 15 announced a major expansion of its Infrastructure Academy initiative, launching the nation’s first Infrastructure Academy Regional Training (...

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Pittsburgh-based Gecko Robotics partners with BPMI to accelerate naval production

By Liz Carey  |   July 18, 2025   |   Companies

Pittsburgh-based Gecko Robotics said it will partner with defense contractor BPMI to introduce advanced manufacture technology into the production of components installed on U.S. Navy nuclear-powered ...

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Synopsys completes $35B purchase of Pa.-based simulation specialist Ansys

By Kim Riley  |   July 18, 2025   |   Companies

Synopsys Inc. said July 17 that it has completed its $35-billion acquisition of Canonsburg, Pa.-headquartered simulation specialist Ansys following approvals from both the United States and China. ...

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EPAM, States of Guernsey sign multi-year partnership to strengthen island’s digital services

By Debra Flax  |   July 17, 2025   |   Companies

EPAM Systems, Inc., a leading digital transformation services and product engineering company based in Newtown, Pa., recently signed a multi-year deal with the States of Guernsey to enhance the securi...

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San Francisco AI company to award $2M to Carnegie Mellon University for AI innovation

By Debra Flax  |   July 17, 2025   |   Companies

Dario Amodei, CEO of San Francisco-based AI company Anthropic, announced on Tuesday that the company will contribute $2 million to Carnegie Mellon University in Pittsburgh to help advance AI-powered e...

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Credit: GE Vernova

GE Vernova to add 250 jobs as company expands Pa. grid solutions factory

By Debra Flax  |   July 16, 2025   |   Companies

GE Vernova recently announced plans to add 250 new jobs over the next two years at the company’s grid solutions factory in Charleroi, Pa., to help manufacture additional high voltage switchgear prod...

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Philadelphia-based pharmaceutical company gets investment from Bain Capital, others

By Liz Carey  |   July 16, 2025   |   Companies

PCI Pharma Services, a Philadelphia-based biotherapy manufacturing company, announced Monday it had received a strategic investment co-led by Bain Capital and existing investors Kohlberg and Mubadala ...

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$90B+ in private investments aim to turn PA into nation’s nucleus for energy and AI

By Kim Riley  |   July 15, 2025   |   Companies

More than $90 billion in private-sector investments announced Tuesday during the Pennsylvania Energy and Innovation Summit in Pittsburgh are expected to drive a new era of industrial growth in the com...

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Wabtec, Dutch partner to distribute railcar telematics in Europe

By Debra Flax  |   July 15, 2025   |   Companies

Wabtec Corporation, a global provider of equipment and digital solutions for the freight and transit rail industries based in Pittsburgh, recently signed an exclusive agreement with Intermodal Telemat...

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Penn State DuBois, manufacturer to develop sponge iron electrodes

By Melina Druga  |   July 14, 2025   |   Companies

Penn State DuBois and DuBois-based Metaltech, a powdered metal manufacturer, recently announced their partnership for a research initiative focused on next-generation energy storage. The initiativ...

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Kraft Heinz selling Italian infant, specialty food business

By Melina Druga  |   July 14, 2025   |   Companies

The Kraft Heinz Co., a food and beverage company, recently signed an agreement with Italy-based NewPrinces Group, a food and beverage producer, to sell its Italian infant and specialty food business. ...

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California clean energy firm to build $4.5M hydrogen storage facility in Pennsylvania with state support

By Kim Riley  |   July 14, 2025   |   Companies

California-based energy storage innovator Verne Inc. plans to open its first manufacturing facility in Pennsylvania and the commonwealth is investing more than $1.27 million to support the nearly $4.5...

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Ecore International company acquires HTI Recycling

By Liz Carey  |   July 11, 2025   |   Companies

Lancaster-based Ecore International, a global leader in rubber materials reclamation announced it had acquired tire collection and recycling leader, HTI Recycling. Ecore said the acquisition inclu...

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OraSure Technologies launches blood collection tube

By Melina Druga  |   July 11, 2025   |   Companies

Bethlehem-based OraSure Technologies, point-of-need and home diagnostic tests and sample management solutions company, recently launched a product to meet the evolving needs of proteomic researchers. ...

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TrueCommerce names Bill Glass as new CEO

By Melina Druga  |   July 11, 2025   |   Companies

Cranberry Township-based TrueCommerce, a supply chain and trading partner connectivity, integration and omnichannel solutions provider, recently appointed Bill Glass as CEO. Glass joined TrueComme...

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Hershey names Kirk Tanner as next president, CEO

By Melina Druga  |   July 10, 2025   |   Companies

The board of directors of Hershey-based The Hershey Co., a snacks company, recently appointed Kirk Tanner as president and CEO, effective Aug. 18. Tanner is The Wendy's Company president and CEO. H...

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