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Home » Companies » Page 46

Companies

Krystal Biotech sells priority review voucher for $100M

By Melina Druga  |   August 24, 2023   |   Companies

Pittsburgh-based Krystal Biotech Inc., a biotechnology company focused on genetic medicines to treat diseases with high unmet medical needs, recently completed the sale of its Rare Pediatric Disease P...

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Penske agrees to hire more veterans

By Melina Druga  |   August 23, 2023   |   Companies

Reading-based Penske Transportation Solutions recently signed a commitment with the U.S. Army Partnership for Your Success (PaYS) program to increase veteran hiring across its truck rental, truck leas...

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GIANT donating 10,000 bags of food and supplies for start of school year

By Melina Druga  |   August 23, 2023   |   Companies

The GIANT Company and MARTIN’S, one of GIANT’s brands, will partner with 36 local organizations over the next two weeks to pack and distribute 10,000 bags containing food and school-related suppli...

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PNC Capital Markets launches asset exchange to optimize loan portfolios

By Liz Carey  |   August 23, 2023   |   Companies

Pittsburgh-based PNC Capital Markets LLC recently announced its subsidiary PNC FIG Advisory had launched PNC Asset Exchange, an online loan resource and marketplace for financial institutions. Pow...

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Westinghouse recognizes Vogtle nuclear team on Unit 4 progress

By Liz Carey  |   August 22, 2023   |   Companies

Cranberry Township, Pa.-based Westinghouse Electric Company recognized Georgia Power, Southern Nuclear and other Plant Vogtle project partners for reaching another milestone: the fuel loading for the ...

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Noveome Biotherapeutics completes first close of $40M financing

By Melina Druga  |   August 22, 2023   |   Companies

Pittsburgh-based Noveome Biotherapeutics, a clinical-stage biopharmaceutical company, recently completed the first closing of a $40 million Series E financing aimed at tackling a rare pediatric diseas...

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Penelec to install 350 reclosing devices in 2023

By Melina Druga  |   August 21, 2023   |   Companies

Penelec, a subsidiary of FirstEnergy Corp. recently announced it is on track to install approximately 350 automated “TripSaver” reclosing devices in 2023. The programmable devices are installed...

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PPG to invest $5M in environmental sustainability education

By Melina Druga  |   August 18, 2023   |   Companies

PPG and the PPG Foundation recently announced they will invest $5 million by 2030 in environmental sustainability education worldwide. PPG and the PPG Foundation will support educational programmin...

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Frontage Laboratories, Frontage Canada purchase Canadian company

By Melina Druga  |   August 18, 2023   |   Companies

Exton-based Frontage Laboratories and Frontage Canada, its wholly-owned subsidiary, recently completed their purchase of Toronto-based Nucro-Technics and its affiliate Nucro-Technics Holdings. Nucr...

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FTC signs off on EQT’s deal to acquire assets from Tug Hill and XcL Midstream

By Dave Kovaleski  |   August 18, 2023   |   Companies

The U.S. Federal Trade Commission (FTC) has resolved its review of EQT Corp.'s agreement to acquire Tug Hill's upstream assets and XcL Midstream's gathering and processing assets, both in the Appalach...

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UGI invests more than $1M in educational programs in Pennsylvania

By Melina Druga  |   August 17, 2023   |   Companies

Over the past year, UGI Utilities has invested more than $1 million in education through the Pennsylvania Department of Community and Economic Development’s Education Improvement Tax Credit (EITC) p...

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Astrobotic building lunar research facility in California

By Melina Druga  |   August 17, 2023   |   Companies

Pittsburgh-based Astrobotic has begun work at its propulsion and test facility in Mojave, Calif., on a high-fidelity 3D test field that will mimic the topography and optical properties of the moon’s...

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Harmony Biosciences Holdings purchases Zynerba Pharmaceuticals

By Melina Druga  |   August 16, 2023   |   Companies

Plymouth Meeting-based Harmony Biosciences Holdings, a pharmaceutical company specializing in the treatment of rare neurological diseases, recently entered into an agreement to purchase Devon-based Zy...

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Carlos Abrams-Rivera

Kraft Heinz appoints Carlos Abrams-Rivera as new CEO

By Melina Druga  |   August 16, 2023   |   Companies

The Kraft Heinz Company board of directors recently appointed Carlos Abrams-Rivera as the company’s next CEO, effective Jan. 1. Abrams-Rivera also was appointed a member of the board. Abrams-Riv...

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Truck-Lite opens lighting laboratory

By Melina Druga  |   August 15, 2023   |   Companies

Erie-based Truck-Lite, a provider of lighting, wiring harnesses, turn signals and safety accessories for the medium- and heavy-duty vehicles, recently opened its Advanced Transportation Lighting Labor...

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U. S. Steel rejects bid from Cleveland-Cliffs, opts to “evaluate strategic alternatives”

By Liz Carey  |   August 15, 2023   |   Companies

Pittsburgh-based U. S. Steel said Monday that it has rejected a $7.3 billion buyout proposal from Cleveland-Cliffs and has instead opted to initiate a formal review process to “evaluate strategic al...

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Pittsburgh-based Montauk Renewables inks deal to deliver biogenic CO2 to EE North America

By Dave Kovaleski  |   August 14, 2023   |   Companies

Montauk Renewables, a Pittsburgh-based renewable energy company, reached an agreement with EE North America to deliver all biogenic carbon dioxide (CO2) volumes from all its Texas facilities sufficien...

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U. S. Steel to build AI applications

By Melina Druga  |   August 14, 2023   |   Companies

Pittsburgh-based United States Steel Corp. (U. S. Steel) recently announced it will be building applications using Google Cloud’s generative artificial intelligence (gen AI) technology to improve ef...

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Miller Fabrication Solutions celebrates 60th anniversary

By Melina Druga  |   August 11, 2023   |   Companies

Brookville-based Miller Fabrication Solutions recently marked 60 years in operation. Founded in 1963 by David R. Miller, Miller Fabrication Solutions is a strategic fabrication partner for original...

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PENN Entertainment, ESPN to offer sports betting

By Melina Druga  |   August 10, 2023   |   Companies

Wyomissing-based PENN Entertainment, a provider of integrated entertainment, sports content, and casino gaming experiences, recently entered into an exclusive, 10-year U.S. online sports betting agree...

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