ACNB, Traditions Bancorp to merge
Gettysburg-based ACNB Corp., the financial holding company for ACNB Bank and ACNB Insurance Services, and York-based Traditions Bancorp, the holding company for Traditions Bank, recently entered into ...
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Verlinvest, Mistral Equity Partners invest in Insomnia Cookies
Verlinvest, an international evergreen investment company, and Mistral Equity Partners, a New York-based private equity firm, recently invested in Philadelphia-based Insomnia Cookies, a late-night bak...
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IRG Erie receives $182.6M federal loan guarantee
The U.S. Department of Energy’s Loan Programs Office (LPO) recently issued a conditional commitment for a loan guarantee to IRG Erie for up to $182.6 million for the construction of a plastics recyc...
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U. S. Steel, partners awarded $5.4M DOE grant to test system eliminating carbon emissions from iron reduction
The U.S. Department of Energy (DOE) recently awarded Pittsburgh-based United States Steel Corp. (U. S. Steel) and partners Molten Industries, a methane pyrolysis technology developer, and CPFD Softwar...
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FirstEnergy Pennsylvania installs smart grid enhancements in York, Adams Counties
Eastern Pennsylvania’s Met-Ed, a FirstEnergy Corp. subsidiary, announced Monday it was installing smart, automated equipment on powerlines in York and Adams counties. The smart grid will serve m...
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Pennsylvania awarded $396M federal decarbonization grant
The Environmental Protection Agency (EPA) recently awarded Pennsylvania a $396 million Climate Pollution Reduction Grant (CPRG) to help manufacturers fund industrial decarbonization projects. The g...
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Credit: Miller Fabrication Solutions
Miller Fabrication Solutions unveils new laser cutter to optimize production
Brookville, Pa.-based Miller Fabrication Solutions, a metals manufacturing partner for Original Equipment Manufacturers (OEMs), recently acquired a TRUMPF TruLaser Center 7030, a full-service laser cu...
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PPG extends partnership with Indianapolis Motor Speedway (IMS), INDYCAR and Team Penske
Pittsburgh-based PPG recently extended its partnerships with the Indianapolis Motor Speedway (IMS), INDYCAR and Team Penske through 2029. “We are excited to build upon our extensive history with ...
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Platinum Equity completes sale of Gettysburg facility
California-based Platinum Equity, a global investment firm, recently completed the sale of its Hunterstown power generation facility in Gettysburg to New York-based LS Power, a development, investment...
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ThermOmegaTech expands Bucks County facility
Warminster-based ThermOmegaTech, a self-actuated thermostatic valves and actuators designer and manufacturer, recently expanded its manufacturing facility by 23,000 square feet. The facility is now...
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Astrobotic conducting tests of lunar rover
Pittsburgh-based Astrobotic, a space technology company, will be conducting a summer-long test campaign for its VSAT Optimized for Lunar Traverse (VOLT). VOLT is a specialized lunar rover equipped ...
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Air Products will construct, operate new industrial facilities at two out-of-state locations
Trexlertown, Pa.-based Air Products and Chemicals Inc., an international corporation that sells gasses and chemicals for industrial use, plans to build, own, and operate new air separation units (ASUs...
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Triumph Group business awarded contact to provide auxiliary gearboxes for GE Aerospace
GE Aerospace, an aerospace propulsion, services, and systems company, recently awarded Radnor-based Triumph Group’s Geared Solutions business a contract to provide auxiliary gearboxes. "TRIUMPH i...
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Texas company purchases Highway Materials
Texas-based Heidelberg Materials North America recently announced it has entered into an agreement to purchase Philadelphia-based Highway Materials, an aggregates and asphalt producer. “The addit...
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Alcoa Corporation announces stockholder approval of Alumina Limited acquisition
Pittsburgh-based Alcoa Corporation announced Tuesday it had received stockholder approval to acquire Alumina Limited in preliminary voting. During a special meeting of its stockholders, the compan...
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CNX Foundation develops energy industry paid internship program
The CNX Foundation, the philanthropic arm of Pittsburgh-based natural gas company CNX Resources Corp., has created a new paid internship program designed to spur student interest in the power industry...
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Take-private purchase of Envestnet valued at $4.5B
Berwyn, Pa.-based software company Envestnet Inc., is on its way to becoming a privately owned company once a new multi-billion-dollar acquisition agreement by Bain Capital LP is completed. “The ...
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Context Therapeutics purchases FDA approved antibody
Philadelphia-based Context Therapeutics, a biopharmaceutical company advancing medicines for solid tumors, recently signed an asset purchase agreement with Link Immunotherapeutics to purchase CT-95, a...
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Pennsylvania College of Technology receives $4M grant for apprenticeship programs
The U.S. Department of Labor recently awarded the Pennsylvania College of Technology a $4 million Apprenticeship Building America (ABA) program grant to expand registered apprenticeship programs. T...
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Pennsylvania aims to spur economy with newly enacted state budget
Pennsylvania Gov. Josh Shapiro on July 11 signed into law an almost $47.6 billion state budget for fiscal year 2024-25 that includes important measures to strengthen the state’s economy. “Penns...
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