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Home » Featured » Page 7

Featured

Philly-based Clario nails down $8.87B+ buyout deal by Thermo Fisher Scientific

By Kim Riley  |   October 31, 2025   |   Companies

Philadelphia-based Clario Holdings Inc., which provides endpoint data solutions for clinical trials, is being purchased by Thermo Fisher Scientific Inc. for nearly $8.9 billion in cash at close. â€...

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National Association of Manufacturers offers policy roadmap to reach AI dominance in U.S.

By Kim Riley  |   October 30, 2025   |   Featured

Policymakers must take several steps to bolster America’s energy and artificial intelligence (AI) dominance — including comprehensive permitting reform, according to a new blueprint released Oct. ...

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Westinghouse, owners set to build $80B worth of nuclear reactors in deal with U.S. govt

By Kim Riley  |   October 29, 2025   |   Companies

Westinghouse Electric Co. in Pittsburgh, along with its owners Cameco Corp. and Brookfield Asset Management, have forged a partnership with the United States government to construct at least $80-billi...

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Federated Hermes reaches deal to buy majority stake in real estate investment manager

By Kim Riley  |   October 28, 2025   |   Companies

Pittsburgh-based active investment management firm Federated Hermes Inc. reached an agreement to acquire 80 percent of FCP Fund Manager L.P., a privately held U.S. real estate investment manager based...

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Mountain Valley Pipeline’s proposed expansion project will bolster state’s energy leadership

By Kim Riley  |   October 27, 2025   |   Companies

Responding to growing demand for natural gas across the Mid-Atlantic and Southeast, Mountain Valley Pipeline LLC on Oct. 23 filed an application with the Federal Energy Regulatory Commission (FERC) se...

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PNC Bank in Pittsburgh expands adoption of immediate payments options

By Kim Riley  |   October 24, 2025   |   Companies

PNC Bank N.A., which is headquartered in Pittsburgh and operates as the main banking subsidiary of its parent company, The PNC Financial Services Group Inc., expanded its instant payments capabilities...

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Pittsburgh aluminum producer plans upgrades at New York smelter operations

By Kim Riley  |   October 23, 2025   |   Companies

Pittsburgh-based aluminum producer Alcoa Corp. said Wednesday it is investing $60 million to upgrade its New York smelter operations, supported by both a new energy agreement and a $6-million grant. ...

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PA Senate passes Republican-led bill to withdraw state from RGGI

By Kim Riley  |   October 22, 2025   |   Featured

The Pennsylvania Senate on Wednesday voted 33-17 to pass a proposed GOP-led bill that would cancel and officially stop the rules of the CO2 Budget Trading Program, also known as the Regional Greenhous...

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PA Senate passes permitting reform legislation

By Melina Druga  |   October 22, 2025   |   Featured

The Pennsylvania Senate approved legislation on Wednesday to bring greater transparency and efficiency to the permit application system. Senate Bill 6 creates a permit tracking system, allows third-p...

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Eos Energy to relocate headquarters to Pennsylvania

By Dave Kovaleski  |   October 22, 2025   |   Companies

Eos Energy Enterprises, a leading manufacturer of battery energy storage systems, is moving its headquarters to Pennsylvania from New Jersey. Eos will also relocate its corporate headquarters to a ...

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Avantor, BlueWhale Bio partner to speed up CAR-T cell therapy manufacturing

By Kim Riley  |   October 21, 2025   |   Companies

Two Pennsylvania-headquartered companies on Oct. 15 announced a new partnership that could potentially expand patient access and manufacturing capacity across the growing cell therapy sector. Speci...

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Duquesne Light Company sets completion date, transition times for new Pittsburgh substation

By Kim Riley  |   October 20, 2025   |   Companies

Duquesne Light Company (DLC) plans to complete its new, state-of-the-art, $237.4 million substation in December, providing an additional source of power for the Golden Triangle. The Watson Substati...

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Permitting backlog quashed by state Department of Environmental Protection

By Kim Riley  |   October 17, 2025   |   Featured

The Pennsylvania Department of Environmental Protection (DEP) reported Tuesday that it has eliminated an historic permit backlog by reviewing and acting on more than 30,000 permit applications since t...

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PA lawmakers warn PJM Interconnection against favoring intermittent energy sources

By Kim Riley  |   October 16, 2025   |   Featured

Seventeen Pennsylvania State legislators urged PJM Interconnection LLC to tread carefully before embracing proposals that they say could jeopardize energy reliability and affordability across the grid...

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Pittsburgh’s Excelitas agrees to buy Luxium Solutions

By Kim Riley  |   October 16, 2025   |   Companies

Pittsburgh-headquartered Excelitas, which designs, develops, and manufactures advanced technologies, recently signed a definitive agreement to acquire an Ohio-based company that provides single crysta...

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Mitsubishi Electric backs new high-voltage power standard for AI factories

By Kim Riley  |   October 15, 2025   |   Companies

Mitsubishi Electric Power Products Inc. (MEPPI), based in Warrendale, Pa., says it will support the rollout of a new 800-volt direct current (VDC) power system designed to meet the massive energy dema...

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Penn State study finds innovative rural firms face bigger credit gaps

By Kim Riley  |   October 14, 2025   |   Featured

Innovation helps spur rural economies, but a new study led by researchers at Penn State found that while firms incorporating innovation into their business model had higher credit application rates, t...

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Comcast opens newest Lift Zone workforce development center in Philly

By Kim Riley  |   October 10, 2025   |   Companies

Comcast Corp., headquartered in Philadelphia, opened its newest Flagship Lift Zone Oct. 7 to advance digital skills and job training opportunities in the city. “Philadelphia’s future depends on...

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Core Natural Resources names Brock as new CEO

By Melina Druga  |   October 9, 2025   |   Companies

Canonsburg, Pa.-based Core Natural Resources, a metallurgical and high calorific value thermal coals producer, on Wednesday named Jimmy Brock as CEO, effective immediately. Brock will continue to serv...

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Clean Earth installs advanced water treatment at out-of-state facility

By Kim Riley  |   October 8, 2025   |   Companies

Clean Earth, a leading provider of environmental and regulated waste management services headquartered in King of Prussia, Pa., said Tuesday it has installed a foam fractionation unit at its Detroit, ...

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