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Thursday, March 12th, 2026
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Home » Featured » Page 2

Featured

Two Pennsylvania banks approved for merger

By Liz Carey  |   February 10, 2026   |   Companies

Two Pennsylvania companies, Mid Penn Bancorp, Inc., the parent company of Mid Penn Bank, and 1st Colonial Bancorp, Inc., the parent company of 1st Colonial Community Bank, received all the required re...

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FMC Corporation lays out priorities for 2026, explores strategic options

By Dave Kovaleski  |   February 9, 2026   |   Companies

Philadelphia-based chemical manufacturing company FMC Corporation outlined its priorities for 2026 and plans to explore strategic options. Among its 2026 priorities, FMC is focused on strengthenin...

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Pittsburgh’s Wabtec signs $1.2B deal with Union Pacific to modernize locomotives

By Liz Carey  |   February 6, 2026   |   Companies

Pittsburgh-based Wabtec announced it has signed an historic agreement with Union Pacific to modernize the railroad’s AC4400 locomotives. The $1.2 billion agreement represents the largest locomot...

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Ampco-Pittsburgh announces record customer orders for January

By Liz Carey  |   February 5, 2026   |   Companies

Ampco-Pittsburgh Corporation announced it had received more than $28 million in customer orders this last month, a record for the company. The company, a wholly owned subsidiary of Air and Liquid ...

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Credit: Gov. Shapiro's office

Gov. Shapiro taps Rainy Day Fund to balance $53B proposed budget for next fiscal year

By Tracy Rozens  |   February 3, 2026   |   Featured

Pennsylvania Gov. Josh Shapiro on Tuesday unveiled a $53.3 billion budget proposal for Fiscal Year 2026-27 that relies on taking $4.6 billion out of the state’s Rainy Day Fund for emergencies and on...

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Sumitomo Corporation of Americas to open Pittsburgh office in April

By Kim Riley  |   February 3, 2026   |   Companies

Sumitomo Corporation of Americas said Jan. 29 that it will establish a new office in Pittsburgh effective in April, expanding its U.S. footprint as manufacturers place greater emphasis on regional sup...

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Eli Lilly choses Pennsylvania for medicine, device manufacturing facility

By Liz Carey  |   February 2, 2026   |   Companies

Eli Lilly and Company announced Friday that it has selected the Lehigh Valley of Pennsylvania as the site of its new injectable medicine and device manufacturing facility. The company said it will...

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As PA budget looms, energy coalition urges Shapiro to hold the line on new taxes

By Kim Riley  |   January 30, 2026   |   Featured

Ahead of the governor’s upcoming fiscal year 2026-2027 budget address on Feb. 3, the Stop New Energy Taxes Coalition urged state policymakers to avoid new or increased energy taxes and to continue s...

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Allentown company wins $140M in NASA contracts

By Liz Carey  |   January 30, 2026   |   Companies

Allentown-based Air Products, a leading supplier of hydrogen, announced it won supply contracts totaling more than $140 million with the National Aeronautics and Space Administration (NASA). The c...

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Cloud-based logistics, fulfillment services provider opens Northampton facility

By Melina Druga  |   January 29, 2026   |   Companies

California-based Kase, a cloud-based logistics and ecommerce fulfillment services provider to consumer product companies, recently opened a fulfillment facility in Northampton. The 167,085-square-f...

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PPG becomes sole automotive refinish coatings supplier for repair center chain

By Melina Druga  |   January 28, 2026   |   Companies

Texas-based Quality Collision Group, the owner and operator of more than 95 collision repair centers in 13 states, recently selected Pittsburgh-based PPG to be its sole automotive refinish coatings su...

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State Sen. Robinson hosts hearing on requiring local labor hired for public works projects

By Liz Carey  |   January 27, 2026   |   Featured

Pennsylvania State Sen. Devlin Robinson (R-Bridgeville) held a hearing recently to discuss his legislation to require contractors on public works projects to hire local labor. Robinson, chair of t...

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PNC Bank allows online bank users to open their own brokerage accounts

By Kim Riley  |   January 26, 2026   |   Companies

Pittsburgh-based PNC Bank said Jan. 22 that customers who use online banking can now digitally open individual brokerage accounts through PNC Wealth Management. "This new digital experience is abou...

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BAE Systems to produce Howitzer sets in York

By Melina Druga  |   January 23, 2026   |   Companies

Virginia-based BAE Systems, a defense, aerospace and security company, will be producing M109A7 Paladin Self-Propelled Howitzer sets in York. The Army Contracting Command Detroit awarded BAE System...

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Minitab purchases Scytec to improve support for manufacturers

By Kim Riley  |   January 22, 2026   |   Companies

Minitab LLC, a global leader in data management, predictive analytics, and process improvement solutions based in State College, Pa., is acquiring Scytec, a manufacturing technology company specializi...

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Bipartisan legislation to support entrepreneurs introduced

By Liz Carey  |   January 21, 2026   |   Featured

U.S. Sen. Dave McCormick (R-PA) joined U.S. Sen. Andy Kim (D-NJ) to introduce legislation that would reduce barriers for early-stage entrepreneurs from using crowdfunding The Amendment for Crowdfu...

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BAE Systems to build amphibious combat vehicles in Pennsylvania

By Melina Druga  |   January 20, 2026   |   Companies

Virginia-based BAE Systems, an international defense, security and aerospace company, will build 30 additional amphibious combat vehicles (ACVs) for the U.S. Marine Corps in Johnstown and York. The...

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Pittsburg AI company reaches $1.4B in funding

By Liz Carey  |   January 16, 2026   |   Companies

Skild AI, headquartered in Pittsburgh, said it has raised $1.4 billion in investment funding. Led by SoftBank with participation from NVentures (NVIDIA), Macquarie Capital (entities administered b...

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Energy at a crossroads: Industry leaders size up surging U.S. demand

By Kim Riley  |   January 15, 2026   |   Featured

With energy demand surging at home and abroad, the American Petroleum Institute (API) on Jan. 13 brought together top industry executives, policymakers, and market analysts for its annual State of Ame...

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Matthews International completes sale of European businesses

By Kim Riley  |   January 14, 2026   |   Companies

Pittsburgh-based Matthews International Corp. has closed on the sales of its European roto-gravure packaging and tooling businesses for a deal valued at $41 million, consisting of $22 million in cash,...

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