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Home » Investment » Page 102

Investment

Utz subsidiary purchases Chicago snack company

By Melina Druga  |   January 14, 2021   |   Companies

Utz Quality Foods, a subsidiary of Utz Brands headquartered in Hanover, recently entered into an agreement to purchase Snak-King Corp.’s Vitner’s brand for $25 million, including intellectual prop...

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Groups enter into agreement to develop Pittsburgh office tower

By Melina Druga  |   January 13, 2021   |   Companies

F.N.B. Corp., the holding company for First National Bank of Pennsylvania, recently entered into a joint venture with the Buccini/Pollin Group, a real estate management company, and Pittsburgh Arena R...

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PPG to purchase German industrial coating company

By Melina Druga  |   January 13, 2021   |   Companies

PPG recently reached an agreement to purchase Wörwag, a German manufacturer of coatings for industrial and automotive applications. Founded in 1918, Wörwag specializes in sustainable liquid, powd...

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Washington County career center receives state funding

By Melina Druga  |   January 12, 2021   |   Companies

The state’s Manufacturing Training-to-Career program recently awarded the Western Area Career and Technology Center (WACTC) in Washington County with $112,262 in funding. WACTC plans to use the f...

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RZ Wealth joining Diversified Lifelong Advisors’ Wayne office

By Melina Druga  |   January 12, 2021   |   Companies

RZ Wealth, a Wayne-based registered investment advisor, will be combining client assets with Delaware-based Diversified Lifelong Advisors. The transaction totaled $900 million. Diversified Lif...

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Sen. Yudichak seeks cosponsors for education legislation

By Melina Druga  |   January 11, 2021   |   Featured

State Sen. John Yudichak (I-Luzerne/Carbon) recently sent a memorandum to fellow senators seeking cosponsors for legislation that would expand postsecondary training access by up to two years. The ...

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PennDOT releases completed study of Reading-to-Philadelphia rail service

By Melina Druga  |   January 11, 2021   |   Investment

The Pennsylvania Department of Transportation (PennDOT) recently released a study on the feasibility and the operation and potential costs of a Reading-to-Philadelphia passenger rail service. Pen...

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State to offer free workshops to agricultural businesses

By Melina Druga  |   January 11, 2021   |   Investment

The Pennsylvania Agricultural Business Development Center will offer six workshops this week during the virtual 2021 Pennsylvania Farm Show to agricultural businesses and aspiring entrepreneurs. ...

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AmerisourceBergen purchases majority state in healthcare business

By Melina Druga  |   January 8, 2021   |   Companies

Valley Forge-based AmerisourceBergen Corp. recently entered into an agreement to purchase a majority stake in Walgreens Boots Alliance’s Alliance Healthcare businesses for $6.5 billion. The Walg...

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Three projects supporting business expansion, job retention awarded $1.28M in low-interest loans

By Melina Druga  |   January 8, 2021   |   Companies

The Pennsylvania Industrial Development Authority (PIDA) recently approved $1.28 million in low-interest loans for three projects. Through the Bucks County Economic Development Corp, Martelli Realt...

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PPG enters into agreement to purchase coatings manufacturer

By Melina Druga  |   January 7, 2021   |   Companies

Pittsburgh-based PPG recently signed a definitive agreement to purchase VersaFlex, a portfolio company of DalFort Capital Partners, for an undisclosed amount. VersaFlex manufactures polyurethane, e...

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INOVIO, Chinese company enter deal for COVID-19 vaccine

By Melina Druga  |   January 7, 2021   |   Companies

INOVIO, a biotechnology company focusing on DNA medicines to treat and prevent infectious diseases and cancer, recently signed a collaboration and license agreement with Advaccine Biopharmaceuticals S...

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Philadelphia revitalization project receives $2M grant

By Melina Druga  |   January 6, 2021   |   Companies

The Pennsylvania Redevelopment Assistance Capital Program recently awarded the Frankford Arsenal Revitalization Project a $2 million grant. The Arsenal was originally built in 1816 in Philadelphia....

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Real estate company to purchase laboratory

By Melina Druga  |   January 5, 2021   |   Companies

Horsham-based MRA Group, a real estate solutions firm, recently announced it intends to purchase DuPont’s Chestnut Run Laboratory in Wilmington, Del., for redevelopment. MRA Group plans to redeve...

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UGI purchases West Virginia company

By Melina Druga  |   January 4, 2021   |   Companies

UGI Corp., an operator of natural gas and electric utilities in Pennsylvania, recently agreed to purchase Mountaintop Energy Holdings for $540 million, including the assumption of approximately $140 m...

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Pittsburgh healthcare company purchases orphan drug pharmacy

By Melina Druga  |   January 4, 2021   |   Companies

Pittsburgh-based Centene Corp., a multinational healthcare company providing government-sponsored and commercial healthcare programs, recently completed the purchase of PANTHERx, a pharmacy specializi...

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Wayne healthcare supply company purchases hemostatic product manufacturer

By Melina Druga  |   January 4, 2021   |   Companies

Wayne-based Teleflex, a leading global provider for healthcare supplies and services, recently completed the purchase of Z-Medica, the manufacturer of hemostatic products, for $500 million at closing....

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Investment company purchases Leetsdale company

By Melina Druga  |   December 31, 2020   |   Companies

Leetsdale-based Hussey Copper, a manufacturer of copper products for industrial and construction applications, was recently acquired by private equity firm KPS Capital Partners LP for an undisclosed a...

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Pennsylvania American Water purchases Wyoming County company

By Melina Druga  |   December 31, 2020   |   Companies

Pennsylvania American Water, a subsidiary of American Water, recently purchased Winola Water Co.’s water assets. Winola serves approximately 28 customers in Overfield Township in Wyoming County. ...

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Company awarded $2M to develop biodiesel facility

By Melina Druga  |   December 31, 2020   |   Companies

The Redevelopment Assistance Capital Program recently awarded Crawford Advanced Materials, comprised of Crawford Renewable Energy and Homeland Fuels Co., $2 million to develop a biodiesel facility wit...

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