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Home » Investment » Page 2

Investment

Net Health purchases Texas software company

By Melina Druga  |   January 15, 2026   |   Companies

Pittsburgh-based Net Health, a specialized software provider for rehab therapy and post-acute care, recently purchased Texas-based Keet Health, a health care software development company, as part of a...

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New $50M life sciences fund launched at University of Pennsylvania

By Kim Riley  |   January 13, 2026   |   Featured

The University of Pennsylvania, Philadelphia-based Osage University Partners (OUP), and Germany’s BioNTech SE last week launched the $50-million Penn-BioNTech Innovative Therapeutics Seed Fund (PxB ...

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Ben Franklin invests $68,750 in manufacturing in third quarter

By Melina Druga  |   January 12, 2026   |   Companies

From October to December of fiscal year 2026, Ben Franklin Technology Partners of Northeastern Pennsylvania approved $2.1 million in investments, including $68,750 in established manufacturers. Inv...

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Beaver Valley nuclear plant at center of massive Vistra–Meta power deal

By Kim Riley  |   January 12, 2026   |   Companies

Pennsylvania leaders say the Beaver Valley Nuclear Power Plant in western Pennsylvania will play a central role in a sweeping new energy agreement announced Jan. 9, as Vistra and Meta finalized long-t...

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Penn College Workforce Development, Allentown School District partner to offer pre-apprenticeship program

By Melina Druga  |   January 12, 2026   |   Companies

The Penn College Workforce Development recently partnered with the Allentown School District to create a paid pathway from classroom learning to apprenticeship and family-sustaining careers in advance...

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Hershey to sponsor food and agriculture competition

By Melina Druga  |   January 9, 2026   |   Companies

The Hershey Company plans to sponsor the 2026 Land Grant Startup Launch Competition, Penn State’s Smeal College of Business and the College of Agricultural Sciences interdisciplinary collaboration f...

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Venerable Holdings purchases SunAmerica Asset Management

By Melina Druga  |   January 9, 2026   |   Companies

West Chester-based Venerable Holdings, a company that owns and manages legacy variable annuity business, recently completed its purchase of SunAmerica Asset Management (SAAMCo). The purchase adds 5...

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Limerick nuclear generating station gets an upgrade

By Kim Riley  |   January 8, 2026   |   Companies

A newly approved license amendment request from Constellation Energy Corp. will bolster the company’s work to preserve and expand nuclear generation at Pennsylvania’s Limerick Clean Energy Center,...

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Pittsburgh’s PNC finalizes purchase of FirstBank

By Kim Riley  |   January 6, 2026   |   Companies

Pittsburgh-based PNC Financial Services Group Inc. completed its acquisition of FirstBank Holding Company, including its banking subsidiary, FirstBank, following receipt of all required regulatory app...

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Venerable completes Corebridge deal, boosts assets under management

By Kim Riley  |   January 6, 2026   |   Companies

Privately held, West Chester, Pa.-based Venerable Holdings Inc. has finalized its previously announced deal with Corebridge Financial Inc., boosting its total assets under risk management from $67 bil...

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Mid Penn Bancorp purchases Florida company

By Melina Druga  |   January 6, 2026   |   Companies

Harrisburg-based Mid Penn Bancorp, the parent company of Mid Penn Bank, recently announced it completed its acquisition of Florida-based Cumberland Advisors, a fee-for-service registered investment ad...

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Noble Environmental completes sale, begins commercial RNG operations at three facilities

By Kim Riley  |   January 5, 2026   |   Companies

Noble Environmental Inc., a privately held, vertically integrated solid waste management company headquartered in Canonsburg, Pa., recently completed the sale of roughly $34.8 million in investment ta...

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Construction begins on Ardmore mixed-use building

By Melina Druga  |   January 2, 2026   |   Companies

Villanova-based Radnor Property Group, a real estate company, and Norristown-based Piazza Property Development Company, the real estate development arm of Piazza Management Company, recently began con...

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Pittsburgh Urban Initiatives receives $60M in New Markets Tax Credits

By Melina Druga  |   January 2, 2026   |   Companies

Pittsburgh Urban Initiatives, a Community Development Entity certified company, was recently awarded $60 million in New Markets Tax Credits. “The NMTC program has attracted significant capital to...

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Yaw to keep focus on energy sector, competitive economy and rural communities in 2026

By Liz Carey  |   January 2, 2026   |   Featured

Pennsylvania Sen. Gene Yaw (R-Williamsport) said in 2026 he would continue to focus on the energy sector, keeping Pennsylvania competitive for businesses and making sure rural communities get what the...

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PA-based Select Medical buys Georgia hospital

By Liz Carey  |   December 30, 2025   |   Companies

Mechanicsburg, Pa.-based Select Medical Corporation announced earlier this month it had acquired Landmark Hospital of Savannah, Ga. The 50-bed long-term acute care hospital in Savannah was previou...

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Astrobotic awarded three contracts for $17.5M

By Melina Druga  |   December 30, 2025   |   Companies

Pittsburgh-based space exploration company Astrobotic recently was awarded three contracts totaling $17.5 million. “Each of these awards reinforces Astrobotic’s position as a trusted partner i...

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Pittsburgh-based U.S. Steel makes progress on Indiana projects

By Liz Carey  |   December 24, 2025   |   Companies

Pittsburgh-Based U.S. Steel’s Board of Directors approved $350 million in funding for its Gary Works blast furnace reline project at its last meeting of the year. The project would reline Blast ...

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Eurofins Lancaster Laboratories expanding Lancaster County facility

By Melina Druga  |   December 24, 2025   |   Companies

Eurofins Lancaster Laboratories, an analytical testing services company, plans to invest $147.5 million to expand the company’s biopharmaceutical product testing operations in Lancaster County. T...

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EQT Real Estate purchases Berks County cross-dock distribution center

By Melina Druga  |   December 23, 2025   |   Companies

The EQT Real Estate Industrial Core-Plus Fund IV recently purchased the I-78 Commerce Center, a Berks County cross-dock distribution center built in 2024. The facility features four drive-in doors...

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