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Companies

Hilco Redevelopment Partners breaks ground on South Philadelphia project

By Melina Druga  |   October 18, 2023   |   Companies

Hilco Redevelopment Partners (HRP), a real estate investment and redevelopment company, recently broke ground on the first phase of transforming an obsolete industrial site into a state-of-the-art inn...

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Eaton begins expansion of Texas facility

By Melina Druga  |   October 18, 2023   |   Companies

Pittsburgh-based Eaton, an intelligent power management company, recently broke ground on the 200,000-square-foot, $100 million expansion of its Nacogdoches, Texas, manufacturing facility. The exp...

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Benjamin Hunt and Michael Hatridge

Pittsburgh Quantum Institute names new co-director

By Melina Druga  |   October 17, 2023   |   Companies

The Pittsburgh Quantum Institute (PQI), a collaborative of Carnegie Mellon University (CMU), Duquesne University and the University of Pittsburgh (Pitt), recently named CMU associate professor of phys...

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PJM files capacity market changes to advance reliability

By Liz Carey  |   October 17, 2023   |   Companies

On Friday, PJM announced it had submitted a proposal to the Federal Energy Regulatory Commission that would alter the capacity market, as a way to support grid reliability in the face of increasingly ...

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Harmony Biosciences Holdings purchases Zynerba Pharmaceuticals

By Melina Druga  |   October 17, 2023   |   Companies

Plymouth Meeting-based pharmaceutical company Harmony Biosciences Holdings recently completed its purchase of Zynerba Pharmaceuticals, a pharmaceutical company producing transdermal cannabinoid therap...

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U. S. Steel holds ribbon cutting for steel line

By Melina Druga  |   October 16, 2023   |   Companies

Pittsburgh-based United States Steel Corp. (U. S. Steel) recently held a ribbon-cutting ceremony to celebrate the opening of its $450 million, nongrain oriented electrical steel line at its Big River ...

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Venatorx Pharmaceuticals awarded federal contract

By Melina Druga  |   October 16, 2023   |   Companies

The U.S. Department of Health and Human Services’ Biomedical Advanced Research and Development Authority recently awarded Malvern-based Venatorx Pharmaceuticals a contract to support the development...

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M&T Bank invests $250,000 in science and technology center

By Melina Druga  |   October 13, 2023   |   Companies

M&T Bank recently invested $250,000 in the Center for Innovation and Entrepreneurship (CIE) at Harrisburg University of Science and Technology. The center offers opportunities for partners to inves...

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Shawn Tuli

HHM Hotels names first chief investment officer

By Melina Druga  |   October 13, 2023   |   Companies

HHM Hotels recently named Shawn Tuli as the company’s first chief investment officer. In the position Tuli will focus on mergers and acquisitions, third-party growth, investments, and overall c...

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Rolls-Royce taps Westinghouse for reactor fuel

By Liz Carey  |   October 13, 2023   |   Companies

Cranberry Township-based Westinghouse Electric Company will develop and design the nuclear fuel for Rolls-Royce’s Small Modular Reactor program, the companies said Wednesday. Westinghouse is a l...

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Conference addresses state contracting opportunities

By Melina Druga  |   October 12, 2023   |   Companies

The Pennsylvania Department of General Services (DGS) hosted earlier this month the Small Business Empowerment Summit, a two-day conference to connect small, small diverse, and veteran-owned businesse...

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Texas company purchases Royal Truck & Equipment

By Melina Druga  |   October 12, 2023   |   Companies

Texas-based Alamo Group, a provider of equipment for vegetation management, infrastructure maintenance and other applications, recently purchased all of Shoemakersville-based Royal Truck & Equipmentâ€...

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PPG, PPG Foundation to invest $2M in work-force development

By Melina Druga  |   October 11, 2023   |   Companies

PPG and the PPG Foundation recently committed to invest $2 million through 2025 to support work-force development initiatives that prepare workers for positions in manufacturing and coatings applicati...

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PPG partnership to advance solar powered car

By Melina Druga  |   October 10, 2023   |   Companies

Pittsburgh-based PPG recently entered into a partnership with Solar Team Eindhoven, a student team from the Eindhoven University of Technology in the Netherlands, to develop the Stella Terra, an off-r...

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First Columbia Bank, Muncy Bank to merge

By Dave Kovaleski  |   October 6, 2023   |   Companies

Muncy Bank and Trust will be merged into the parent company of First Columbia Bank & Trust, the companies announced this week. The shareholders of the respective parent companies, Muncy Bank Financ...

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Westinghouse to provide advanced fuel to South Carolina facility

By Melina Druga  |   October 6, 2023   |   Companies

Cranberry Township-based Westinghouse Electric Co. recently signed a contract with the Columbia Fuel Fabrication Facility in South Carolina to deliver advanced fuel to the facility’s Boiling Water R...

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PNC Bank buys assets of former Signature Bridge Bank from FDIC

By Dave Kovaleski  |   October 5, 2023   |   Companies

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 forms SMX Industrial Solutions

By Melina Druga  |   October 4, 2023   |   Companies

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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Essential Utilities closes sale of West Virginia assets

By Melina Druga  |   October 4, 2023   |   Companies

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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Penelec prepares employees for severe weather

By Liz Carey  |   October 4, 2023   |   Companies

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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