Philadelphia-based Aramark celebrated the recent opening of its large-scale prepared food production center in Lampa, Chile. The new facility, part of a $10 million investment by Aramark in Chile,...
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A new executive order signed Tuesday by Pennsylvania Gov. Josh Shapiro aims to streamline the state’s permitting process for key economic development and infrastructure projects and make the commonw...
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Pennsylvania Gov. Josh Shapiro announced the state would invest $3 million to help sheet metal manufacturer Hranec Corp. expand in Fayette County. The company will be investing more than $15 milli...
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Medicus Pharma, based in Philadelphia, closed on its previously announced initial public offering of 970,000 units, at a price of $4.125 per unit, with each unit consisting of one common share of the ...
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The state of Pennsylvania is investing $5 million in Fidelity Bank’s headquarters expansion in downtown Scranton through the Redevelopment Assistance Capital Program (RACP). The funding will sup...
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The American Petroleum Institute (API) on Nov. 12 released a five-point policy roadmap for the incoming Trump administration and next Congress that aims to help America control its energy future. T...
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The Commonwealth of Pennsylvania is investing $1 million to support the growth of semiconductor solutions supplier Powerex Inc. The funding will go toward a $14 million initiative by the company t...
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Sila Services, a leading provider of HVAC, plumbing and electrical services based in King of Prussia, Pa., will have a new majority owner. The company announced this week that the Private Equity bu...
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Proposals in the state to increase setback distances would amount to a ban on natural gas development in Pennsylvania, according to the Marcellus Shale Coalition (MSC), an industry trade group. The...
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Pittsburgh-based PNC Bank is adding to its national footprint by investing $500 million to open new branches and make renovations to existing branches around the country. Through this $500 million...
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Vishay Intertechnology Inc., an electronic parts supplier in Chester County, Pa., announced Wednesday it plans to purchase a German-based capacitor film manufacturer for $18.5 million (USD). The co...
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Conshohocken, Pa.-based Cencora Inc., an American drug wholesale company and a contract research organization, plans to acquire Retina Consultants of America (RCA) for approximately $4.6 billion in ca...
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A federal district court granted a motion by the Attorney General of Pennsylvania to temporarily block the closure of Anchor Hocking Holdings’ Pyrex plant in Charleroi, Pa., pending a formal hearing...
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Financial services company Bank of New York Mellon (BNY Mellon) has closed on its acquisition of Berwyn, Pa.-based Archer Holdco. Specifically, Archer is a leading technology-enabled service provid...
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Legislation signed into law Oct. 29 by Pennsylvania Gov. Josh Shapiro will establish a Pennsylvania-Ireland Trade Commission to help bolster the state’s economy and overseas trade relations. Enac...
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A new renewable natural gas (RNG) plant in Hegins, Pa., is up and running, according to joint venture partners Archaea Energy and UGI Energy Services LLC. “Pennsylvania is a critical state for Ar...
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EQT Corp., one of the largest producers of natural gas in the United States with operations in Pennsylvania, West Virginia, and Ohio, signed an agreement with Norway’s Equinor, which will acquire ad...
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Western Pennsylvania is poised to reap the benefits of an $86 million investment being made by Mitsubishi Electric Power Products Inc. (MEPPI). MEPPI plans to construct a new 160,000-square-feet ad...
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PeopleOne Health Inc., a value-based primary care provider located across Pennsylvania, said Oct. 24 the company secured up to $32.3 million in Series B funding. The new capital, led by Google Vent...
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U.S. data centers' increasing energy demands will lead to additional gas demand, according to research released Oct. 22 by S&P Global Ratings, and several companies operating in Pennsylvania could...
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