PNC Bank recently announced the $59 million New Markets Tax Credit (NMTC) fund. The fund will support 13 projects to spur economic activity in seven states, create jobs, revitalize outdated facilit...
Read More
Pittsburgh-based natural gas company CNX Resources Corp. announced it was launching its new initiative, Appalachia First, which would reimage the region’s future as an energy, technology, and engine...
Read More
Pennsylvania recently finalized agreements with CVS and Walgreens regarding the pharmaceutical industry’s role in the opioid crisis. The state will receive $2.2 billion of the more than $54.1 bi...
Read More
Pittsburgh-based F.N.B. Corporation recently completed its purchase of North Carolina-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank. "The Union Bank acquisition levera...
Read More
Manufacturers from all 67 counties have been featured since May 2021 in the state’s #MadeInPAMondays social media campaign. The campaign features a different Pennsylvania manufacturer or maker ev...
Read More
Missouri-based Electrical Components International (ECI), a supplier of electrical distribution systems, control box assemblies, and other engineered components, recently purchased Lehigh Valley-based...
Read More
The Pennsylvania Public Utility Commission announced an agreement over the Pennsylvania American Water rate increase had been reached. The agreement between the company, the PUC Bureau of Investig...
Read More
The state’s Angel Investment Venture Capital Program recently awarded LifeX, a University of Pittsburgh life science incubator, a $1 million grant to attract and encourage early-stage financing for ...
Read More
Air Products, based in the Lehigh Valley, announced on Thursday it had entered into an agreement to build the largest green hydrogen facility in the United States with AES Corporation. The facilit...
Read More
Crop One Holdings, an indoor vertical farming company, announced Wednesday it will locate a second farm in Hazle Township, Pennsylvania. The new vertical farm is located in an area that would allo...
Read More
Green Rock Energy Partners (Green Rock), a private equity firm focused on sustainable infrastructure, announced Thursday it had acquired South Park Township, Pennsylvania-based PSA South Hills Landfil...
Read More
Ansys, an engineering simulation software company, recently signed a definitive agreement with DYNAmore Holding GmbH to purchase its DYNAmore business. German-based DYNAmore develops and sells expl...
Read More
Jennifer Berrier, the Pennsylvania Department of Labor & Industry (L&I) secretary, recently toured the River Valley STEAM Academy. The academy opened in August. Its workforce development education ...
Read More
JG Wentworth, a consumer financial services company, recently purchased Stilt, a San Francisco-based fintech and personal loan lender. Stilt was founded to democratize access to transparent credit...
Read More
Cantaloupe, Inc., based in Malvern, Pa., announced Monday it had acquired Three Square Market (32M) to grow into the micro market industry. Cantaloupe, a digital payments and software company, said...
Read More
Wolfe, LLC, a Pittsburgh-based investor and incubator focused on innovative financial technology and e-commerce businesses, recently purchased Give InKind, a Washington state-based social giving platf...
Read More
Pittsburgh-based private equity fund Continuim Equity Partners recently purchased Cutting Edge Machining Solutions (CEMS), a Clearfield-based Swiss-Style Computer Numerical Control (CNC) manufacturer....
Read More
PENN Entertainment, a provider of integrated entertainment, sports content, and casino gaming experiences, recently expanded its Science, Technology, Engineering and Mathematics (STEM) Scholarship Pro...
Read More
Pharmaceutical and biotech packaging leader Sharp announced it has received a Foreign Trade Zone (FTZ) designation for some of its operations in Pennsylvania's Lehigh Valley. Using Sharp's FTZ des...
Read More
Leaders from more than 70 organizations across Philadelphia recently formed the new Coalition to Save Lives, which seeks to reduce gun violence in the city. The group of leaders from civic institu...
Read More