UGI Energy Services, a subsidiary of UGI Corp., recently purchased a 33 percent equity interest in Ag-Grid Energy LLC, a renewable energy producer. “We are pleased with the opportunity to increas...
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Pittsburgh-based Consegna Pharma, a drug delivery company, recently purchased Hummelstown-based Fathom Pharma LLC, a company developing long-acting pain medicines. Fathom is now a wholly owned subs...
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Legislation recently introduced in the state House would amend current law to provide well-plugging contracts to Pennsylvania companies. In Pennsylvania, there are 26,000 orphaned oil and gas wells...
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Pennsylvania Gov. Tom Wolf joined lawmakers and local officials to celebrate the ribbon cutting of the Aurora expansion in Pittsburgh on Wednesday. Aurora, an American technology and logistics com...
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The Philadelphia Eagles and Braskem, the largest polyolefins producer in the Western Hemisphere, recently cleaned up South Philadelphia's FDR Park. The park covers 348 acres and is the city’s la...
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King of Prussia-based Quench, a provider of filtered water solutions for businesses and dealer partners, recently announced it purchased Crescent Hills Water Co., a Texas-based provider of point-of-us...
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Aviridi, a life sciences company, recently purchased a 10,000-square-feet life sciences facility in Norristown that will serve as its headquarters. The facility is an Opportunity Zone property loca...
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Pittsburgh-based Ansys, an engineering simulation company, will support aerospace and defense technology company Northrop Grumman in developing, testing, and delivering a Deep-Space Advanced Radar Cap...
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Pittsburgh-based Alcoa Corporation announced last week that its Alumar smelter in Sao Luis, Brazil, has energized its first 20 smelting pots as part of the location’s restart of aluminum capacity. ...
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Cranberry Township-based Westinghouse announced last week that it had signed an agreement to acquire BHI Energy. BHI Energy is an umbrella organization covering all aspects of power generation thr...
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UnityLab, a technology enabled manufacturer of commercial appliances for small businesses, announced plans to relocate its headquarters from New England to Dushore. UnityLab purchased Hoffman-New Y...
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M&T Bank Corporation, a New York-based financial holding company, is seeking participants for its first Capital Region Multicultural Small Business Innovation Lab. The lab is a free program designe...
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Pennsylvania Sen. Ryan Aument's (R-36) tax reform bill advanced the Senate Finance Committee, his office announced Wednesday. Senate Bill 771 would reduce the Corporate Net Income (CNI) tax from i...
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CIT’s Real Estate Finance business recently loaned Aminim Group $37.2 million to finance the purchase of a bulk distribution facility in Pittsburgh. The more than 510,000-square-foot industrial d...
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Philadelphia-based Chimeron Bio, an RNA company developing self-amplifying RNA vaccines and therapeutics, recently entered into a manufacturing agreement with FUJIFILM Diosynth Biotechnologies (FDB), ...
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The Australian government recently invested $7.7 million in Alcoa Corp.’s Refinery of the Future initiative. The funding will be used to conduct pilot trials on a new carbon reduction technolog...
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Texas-based Aspen Power Partners, a firm developing and financing solar and storage installations, recently partnered with Trajectory Energy Partners, an Illinois-based solar developer, to develop 10 ...
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The Manufacturing PA initiative recently awarded $2.3 million in grants to 36 student research projects at 17 universities statewide. The initiative fosters collaboration and partnerships to accele...
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U.S. Rep Mary Gay Scanlon (D-PA) voted this week to secure relief for restaurants and small businesses hardest hit by the COVID-19 pandemic. Scanlon said she supported the “Relief for Restaurant...
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Legislation soon to be introduced in the state Senate would create a sales tax holiday for restaurant supplies and construction materials. State Sens. Ryan P. Aument (R-Lancaster County) and John T...
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