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Home » Investment » Page 106

Investment

Everstream expands into Pennsylvania

By Melina Druga  |   November 11, 2020   |   Companies

Cleveland-based Everstream, a fiber network company servicing Midwest businesses, is expanding into Pennsylvania after purchasing existing Uniti customers. The company provides Ethernet, internet ...

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Hershey innovates with new snack cake aimed at convenience store customers

By Melina Druga  |   November 10, 2020   |   Companies

The Hershey Company said earlier this month it plans to launch Reese's Snack Cakes in December, aiming to spark growth in the snack cake category through targeting convenience store customers. Cust...

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Chester County Economic Development Council President and CEO Gary Smith opens 10th Annual Stakeholders’ Meeting.

Chester County Economic Development Council unveils milestones

By Melina Druga  |   November 9, 2020   |   Investment

The Chester County Economic Development Council (CCEDC), a nonprofit economic development organization, recently released key milestones for fiscal year 2019-2020 at its annual stakeholders’ meeting...

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Pennsylvania Industrial Development Authority approves four new loans

By Melina Druga  |   November 6, 2020   |   Featured

The Pennsylvania Industrial Development Authority (PIDA) recently approved four new loans for projects in Elk, Lancaster, and Northumberland counties. Through North Central PA Regional Planning & D...

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State agency applauds low-income housing tax credit

By Melina Druga  |   November 6, 2020   |   Investment

Gov. Tom Wolf recently signed into law the Pennsylvania Housing Tax Credit Act that creates a low-income housing tax credit (LIHTC) program. The law directs the Pennsylvania Housing Finance Agency ...

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Guardian Capital Partners invests in Texas company

By Melina Druga  |   November 6, 2020   |   Companies

Suburban Philadelphia-based Guardian Capital Partners, a private equity firm based in that invests in lower middle market consumer products, niche manufacturing, and specialty service companies, recen...

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Pa. Manufacturers’ Assoc. supports passage of advanced plastics recycling legislation

By Debra Flax  |   November 5, 2020   |   Companies

The Pennsylvania General Assembly should approve legislation designed to help advanced recycling of waste plastics in the state, the Pennsylvania Manufacturers’ Association (PMA) stated in a recent ...

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Mushroom grower purchases Florida distribution center

By Melina Druga  |   November 5, 2020   |   Companies

Kennett Square-based South Mill Champs, one of the largest high-quality mushroom growers in North America, recently purchased a distribution center in Lakeland, Fla. The more than 30,000-square-fo...

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ProPhase Labs purchases New Jersey lab

By Melina Druga  |   November 4, 2020   |   Companies

Doylestown-based ProPhase Labs, a manufacturer and distributor of over-the-counter healthcare products and dietary supplements, recently completed the purchase of Confucius Plaza Medical Laboratory Co...

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Penn State New Kensington announces plans for innovation lab space

By Melina Druga  |   November 4, 2020   |   Featured

Penn State New Kensington recently held a virtual groundbreaking for its 15,044-square-foot innovation and manufacturing lab space. The Digital Foundry at New Kensington, designed by Pittsburgh arc...

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Rep. Reschenthaler joins letter commending executive order seeking to end American dependence on foreign resources

By Melina Druga  |   November 3, 2020   |   Federal

A group of 52 Congress members, including U.S. Rep. Guy Reschenthaler (R-PA), recently sent a letter to President Donald Trump congratulating him on Executive Order 13953. The order authorizes the ...

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Pennsylvania lawmakers advocate for stronger rural broadband access in state

By Debra Flax  |   November 2, 2020   |   Featured

As the need for better rural broadband access continues to grow throughout Pennsylvania and the country, state lawmakers are prioritizing action to meet the requirement. In Pennsylvania, state Rep....

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Group to build mixed-income rental housing in Philadelphia

By Melina Druga  |   November 2, 2020   |   Companies

Commonwealth Cornerstone Group plans to build 98 mixed-income rental housing units and a shopping complex in North Philadelphia. The group recently completed a federal New Markets Tax Credit tran...

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Ashley Furniture installing solar panels on its Leesport facility

By Melina Druga  |   November 2, 2020   |   Companies

Ashley Furniture Industries recently installed 28,776 roof-mounted solar panels on its Leesport advanced-manufacturing and distribution facility. The panels were purchased from SunPeak, a Wisconsin...

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Businesses get ready to take lead role in post-COVID Pennsylvania

By Hil Anderson  |   October 30, 2020   |   Companies

Pennsylvania business leaders are urging their colleagues to band together and take a leadership role in getting the state back to a new normal after being largely derailed by the coronavirus pandemic...

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US Chamber: United States in 2019 most energy secure since 1970

By Debra Flax  |   October 30, 2020   |   Companies

The United States in 2019 was the most energy secure it has been since 1970, according to the 2020 edition of the annual Index of U.S. Energy Security Risk. The index, which covers 1970 to 2019 and...

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Saladworks to expand in Pennsylvania

By Melina Druga  |   October 30, 2020   |   Companies

Saladworks, a create-your-own salad restaurant, plans to expand in Pennsylvania and New Jersey, including locations in Fort Washington, Media, Quakertown, Royersford, Springfield, and Trexlertown. ...

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EQT acquires Chevron’s upstream, midstream assets in Appalachian Basin

By Debra Flax  |   October 29, 2020   |   Companies

EQT Corporation, a leading independent natural gas production company, announced Tuesday that it has entered a definitive purchase and sales agreement with Chevron U.S.A., Inc. under which EQT will ac...

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Ben Franklin invests more than $400,000 in economic development

By Melina Druga  |   October 29, 2020   |   Companies

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors recently approved $407,130 in regional economic development investments. Funding was divided be...

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Bayer to build new distribution center in Saxonburg

By Melina Druga  |   October 29, 2020   |   Companies

Bayer, a global supplier of medical devices, recently announced it will build a 220,000-square-foot distribution center to support its global radiology business near its Saxonburg manufacturing site. ...

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