PPG Foundation invests $18.4M in 2024
Pittsburgh-based PPG, a paint, coatings and specialty materials company, recently announced its PPG Foundation invested $18.4 million worldwide in 2024, a $900,000 increase from 2023. The foundati...
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FNB Financial Center in Pittsburgh’s Hill District.
FNB opens building in Pittsburgh’s Lower Hill District
Pittsburgh-based F.N.B. Corporation, a diversified financial services company operating in seven states and the District of Columbia, held a ceremonial ribbon-cutting on Tuesday to celebrate the openi...
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Credit: LBB Specialties
LBB Specialties opens distribution center in Bristol
Specialty chemical and ingredient distributor LBB Specialties recently celebrated the opening of its new 102,000-square-foot distribution center in Bristol, Pa. The Bristol center will better positio...
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Globus Medical to acquire Nevro Corp. in $250M deal
Audubon, Pa.-based Globus Medical, a musculoskeletal solutions company, recently agreed to acquire California-based Nevro Corp., a medical device company, for $250 million. “This transaction furthe...
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COEPTIS raises additional $5.7M in funding to accelerate company innovation, automation
Wexford-based COEPTIS, a biopharmaceutical and technology company focused on developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases, recently closed on an additio...
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PIDA approves more than $2M in low-interest business loans
The Pennsylvania Industrial Development Authority (PIDA) recently approved more than $2 million in low-interest loans PIDA provides businesses that commit to creating and retaining full-time jo...
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Pittsburgh-based Astrobotic’s partners with Venturi Astrolab to deliver rover to the moon
As part of Pittsburgh-based Astrobotics Griffin Mission One, the company will work with Venturi Astrolab to deliver an Astrolab rover to the moon. Using Astrobotic’s Griffin lander, the companie...
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Philadelphia launches Small Business Catalyst Fund
The Philadelphia Department of Commerce recently launched the $5 million Philadelphia Small Business Catalyst Fund to help high-potential small businesses and entrepreneurs. The fund will foster c...
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Department of Agriculture awards $10M under Agricultural Innovation Grant Program
The Pennsylvania Department of Agriculture recently awarded 88 companies from 45 counties $10 million in Agricultural Innovation Grant Program grants. The program reimburses agricultural businesses...
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Gov. Josh Shapiro
GOP, business and policy leaders push back on Gov. Shapiro’s $51.4B budget plan
Pennsylvania Gov. Josh Shapiro on Tuesday presented his proposed $51.47 billion budget for 2025-2026, a 7.5-percent increase over the current fiscal year, and it isn’t faring well with Republican la...
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House Republicans hold hearing on stopping new energy taxes
Republican legislators heard testimony that Pennsylvania’s energy policies are harmful to the state during a hearing on Monday. State Reps. Martin Causer (R-Bradford), chairman of the House Energy ...
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Private equity firms to purchase TRIUMPH
Affiliates of Berkshire Partners, a multi-sector specialist investor in private and public equity, and Warburg Pincus, an aerospace and defense and industrial technology sectors investor, recently ent...
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SIMONA AMERICA Group expanding Archbald facility
SIMONA AMERICA Group, a thermoplastic products manufacturer and supplier, plans to invest $23 million to expand its Archbald facility. The facility, SIMONA AMERICA Industries, will be expanded by m...
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Support pours in for Rep. Smucker’s bipartisan Main Street Certainty Act
Community leaders across the commonwealth and Pennsylvania’s 11th Congressional District applauded a bipartisan bill recently introduced by U.S. Rep. Lloyd Smucker (R-PA) that would make permanent t...
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Wabtec receives $248M order from Guinea-based company for locomotives, services
Pittsburgh-based Wabtec Corp., a equipment, systems, digital solutions and value-added services provider for the freight and transit rail industries, recently received a $248 million order from Guinea...
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Innovation Works updates curriculum for AlphaLab accelerator
Pittsburgh-based Innovation Works, an active early-stage investor, recently developed a new core curriculum for its AlphaLab accelerator. AlphaLab helps startups find customers, capital, and commun...
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CNX Resources purchases natural gas upstream, associated midstream business
Canonsburg-based CNX Resources Corp., an ultra-low carbon intensive natural gas development, production, midstream, and technology company, recently completed its acquisition of Wexford-based Apex Ene...
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Pine Run Gathering completes purchase of Superior Midstream Appalachian
Pine Run Gathering recently completed its acquisition of Canonsburg-based Superior Midstream Appalachian for $120 million subject to customary adjustments. Superior Appalachian owns and operates th...
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FERC reinstates certificate for Transco project, securing critical energy for Pennsylvania, Northeast
The Federal Energy Regulatory Commission (FERC) late Friday reinstated a certificate that allows Williams Companies Inc. to continue the expansion of its interstate natural gas transmission pipeline k...
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Federal legislation would make permanent Section 199A of the Internal Revenue Code
Federal legislation recently introduced in the U.S. House of Representatives by U.S. Rep. Lloyd Smucker (R-PA), a senior member of the House Ways and Means Committee, would permanently extend Section ...
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