Pennsylvania natural gas production rose more than 5 percent in 2025 compared to the prior year, marking the strongest increase in annual production since 2021, the state Independent Fiscal Office (IF...
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Philadelphia-based Alveus Therapeutics, a clinical-stage biotechnology company developing obesity and metabolic disease therapies, recently raised $197 million in Series A financing. This was the seco...
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An emergency order issued Feb. 23 by the U.S. Department of Energy (DOE) directs PJM Interconnection LLC, in coordination with Constellation Energy Corp., to keep two units operating at Pennsylvaniaâ€...
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The Pennsylvania Public Utility Commission voted unanimously to suspend and investigate the natural gas rate increase proposed by UGI Utilities, Inc. – Gas Division. The proposed increase would ...
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Conshohoken-based Cencora is spinning off its MWI Animal Health subsidiary which is merging with Covetrus, an animal health technology and services company. The combined Covetrus and MWI Animal Hea...
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Butler-based Armstrong, a telecommunications company, announced it recently entered into an agreement to purchase Ohio-based Massillon Cable TV (MCTV), a cable TV and broadband company. The companies ...
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New Jersey-based Johnson & Johnson, a global health care company, plans to invest more than $1 billion to build a cell therapy manufacturing facility in Montgomery County. The project will create m...
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Pittsburgh-based United States Steel Corp. plays a powerful and growing role in advancing the state’s economy, workforce, and communities, according to its new economic impact report released Feb. 1...
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Pittsburgh-based Aurora Innovation, a self-driving technology company, recently announced the launch of new software that the company said will triple its driverless network. The software release ...
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Chemical Concepts, a Huntingdon Valley, Pa.-based adhesives, specialty chemicals company, said it had acquired Texas-based Perigee Direct, a supplier of specialty consumables for science and industria...
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Ben Franklin Technology Partners of Northeastern Pennsylvania, a Pennsylvania Department of Community and Economic Development initiative, recently announced it received $4.8 million in federal fundin...
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The Pennsylvania Department of Community and Economic Development (DCED) recently awarded Steamfitters Local Union 420 a $3 million Redevelopment Assistance Capital Program (RACP) grant to support the...
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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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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-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 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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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 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 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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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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