Morgan Properties, the Conshohocken, PA-based multifamily property owner, said it was expanding its footprint into Kentucky with its $39 million purchase of a 236-unit apartment community. Morgan ...
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Stockholders for both Arch Resources Inc. and CONSOL Energy Inc. have voted to approve all proposals related to the companies’ pending merger, which will form a single coal producer based in Pennsyl...
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Standard & Poor upgraded Philadelphia’s credit rating to A+ on Wednesday, the highest rating for the city in decades, officials said. The new rating, with a long-term Stable outlook, is the seco...
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Pittsburgh-based autonomous vehicle company Aurora will partner with NVIDIA and Continental, the mobility technology manufacturing company, to deploy driverless trucks at scale, the companies said Tue...
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Cranberry Township, Pa.-based Westinghouse Electric Company will continue to develop a space microreactor after winning a development contract through NASA and the U.S. Department of Energy. The F...
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Ashley, Pa.-based Straub Metal has been acquired by one of the largest family-owned steel service centers in the country, Norfolk Iron & Metal, officials said Monday. The acquisition will further ...
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Legislation reintroduced by Pennsylvania Rep. Clint Owlett (R-Tioga and Bradford counties) would allow non-surface drilling on state lands, a memo to all House members said. The legislation would ...
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President Joe Biden’s decision to quash Japan-based Nippon Steel Corp.’s $14.9 billion bid to acquire Pittsburgh-based US Steel Corp. has sparked concerns about the potential economic fallout for ...
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Pittsburgh-based Wabtec Corporation acquired Bloom Engineering, the companies announced Monday. Wabtec, a heat transfer and energy solutions company, said it would be incorporating Bloom’s indus...
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The Shapiro administration on Monday filed a formal complaint with federal energy regulators against PJM Interconnection LLC to prevent price hikes on 65 million customers, including 13 million Pennsy...
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The Pittsburgh Regional Consortium, an intergovernmental working group, recently announced it will conduct the Pittsburgh Regional Disparity Study with MGT, a consulting firm serving state and local g...
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Gov. Josh Shapiro recently highlighted how his administration’s efforts in 2024 are making Pennsylvania more economically competitive, attracting new businesses and creating jobs. “Pennsylvania...
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Pittsburgh-based Ansys announced it will collaborate with Sony Semiconductor Solutions Corporation to test perception in autonomous vehicle sensors. Using the Ansys AVxcelerate Sensors, the compan...
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FirstEnergy Pennsylvania’s plans to enhance smart grids across Pennsylvania were approved by the Pennsylvania Public Utility Commission Thursday. The third phase of the company’s Long-Term Inf...
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Indiana, Pa.-based First Commonwealth Financial Corporation said it had acquired CenterGroup Financial, Inc. of Cincinnati in an all-stock transaction valued at more than $54 million this week. Of...
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UGI Corporation, in King of Prussia, Pa., announced Michael Sharp would take the helm of AmeriGas Propane effective Dec. 30. “I am pleased to welcome Michael to AmeriGas, and I look forward to o...
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Wayne, Pa.-headquartered Palvella Therapeutics Inc. said on Dec. 13 it completed its merger with Boston-based biotechnology company Pieris Pharmaceuticals Inc. The transaction was approved by Pieri...
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The American Petroleum Institute (API), the Marcellus Shale Coalition (MSC), and the U.S. Chamber of Commerce on Tuesday called on the Biden administration to lift its temporary pause on liquefied nat...
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Private equity real estate investment firm PPR Capital Management reached two important milestones recently, surpassing $1 billion in assets under management (AUM) and $400 million in equity under man...
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Carnegie Mellon University (CMU) in collaboration with Illinois-based Egen, an IT services and consulting company, and New Jersey-based UltronAI, a software development company, recently announced a s...
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