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Home » Investment

Investment

Horsham-based Aegis Software acquires Simio

By Liz Carey  |   January 29, 2026   |   Companies

Manufacturing operations software company Aegis Software, based in Horsham, Pa., announced recently it had acquired software company Simio, simulation and scheduling software company. Aegis said t...

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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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New York asset manager to acquire Arlington Industries

By Melina Druga  |   January 28, 2026   |   Companies

New York-based Blackstone, the world’s largest alternative asset manager, recently announced that funds managed by Blackstone Energy Transition Partners, Blackstone’s strategy for control-oriented...

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Westinghouse joins partners to launch first cobalt-60 pressurized water reactors

By Liz Carey  |   January 28, 2026   |   Companies

Cranberry Township, PA-based Westinghouse Electric Company announced it had joined Nordion Inc. and PSEG Nuclear LLC to establish the first commercial-scale production of Cobalt-60 Pressurized Water R...

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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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PPB Capital Partners enhances technology platform

By Melina Druga  |   January 27, 2026   |   Companies

West Conshohocken-based PPB Capital Partners, an alternative investment platform, recently made major upgrades to its technology platform Private Investments Exchange (PIX) that advisers will have acc...

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Belgian company acquires Trevose-based Vör Foods

By Melina Druga  |   January 27, 2026   |   Companies

Belgium-based Puratos, an international company offering food ingredients and solutions in the bakery, sweet goods and chocolate categories, recently purchased Trevose-based Vör Foods, a nut and seed...

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Vantage Commercial joins real estate alliance

By Melina Druga  |   January 26, 2026   |   Companies

New Jersey-based real estate firm Vantage Commercial recently joined Texas-based TCN Worldwide, an international alliance of independent commercial real estate firms, as a member firm serving the Grea...

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Department of Community and Economic Development awards $3.3M in manufacturing training grants

By Melina Druga  |   January 26, 2026   |   Investment

The Pennsylvania’s Department of Community and Economic Development (DCED) recently awarded $3.3 million in Manufacturing PA Training-to-Career (MTTC) Program to 21 schools, training providers and o...

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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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Allegheny Petroleum acquires McNutt Oil

By Liz Carey  |   January 23, 2026   |   Companies

Pittsburgh-based Allegheny Petroleum Products announced recently it had purchased McNutt Oil Company of Maryville, Tenn. Terms of the private sale were not disclosed for the purchase of the more t...

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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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Wisconsin industrial fluids supplier open Philadelphia distribution hub

By Melina Druga  |   January 22, 2026   |   Companies

Wisconsin-based U.S. Lubricants, an automotive, commercial and industrial fluids supplier, recently launched a distribution warehouse in the Philadelphia-area after purchasing an existing business in ...

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PPG announces texture coatings for repair of plastic components

By Melina Druga  |   January 21, 2026   |   Companies

Pittsburgh-based PPG’s SEM Products business, in collaboration with Oregon-based 4Plastic, an automotive plastic repairs tools, materials and equipment company, have launched texture coatings engine...

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Tenaris invests $2.1M to restart operations at Koppel facility

By Melina Druga  |   January 21, 2026   |   Companies

Texas-based Tenaris, a supplier of tubes and related services to the energy industry, recently invested $2.1 million to restart heat treatment and finishing operations at its Koppel manufacturing faci...

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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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Orrstown Financial Advisors opens Chambersburg office

By Melina Druga  |   January 15, 2026   |   Companies

Orrstown Financial Advisors (OFA), a division of Harrisburg-based Orrstown Bank, one of the largest independent community banks headquartered in central Pennsylvania, is holding a grand opening and ri...

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Most Read Last 7 Days

  • Cloud-based logistics, fulfillment services provider opens Northampton facility
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