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Investment

HEBI Robotics, NASA partner to advance robotic assembly of infrastructure

By Melina Druga  |   April 23, 2025   |   Companies

Pittsburgh-based HEBI Robotics, which produces a platform for robotics development, and NASA’s Ames Research Center (ARC), a research and development center for aeronautics, exploration technology a...

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Homer City Redevelopment appoints Corey Hessen as CEO

By Liz Carey  |   April 23, 2025   |   Companies

Homer City Redevelopment LLC announced that Corey Hessen will take on the role of Chief Executive Officer effective immediately. Hessen bring more than 25 years of experience in the energy sector ...

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Bayer celebrates $44M investment in Myerstown manufacturing facility

By Liz Carey  |   April 22, 2025   |   Featured

Bayer celebrated the grand opening of the $44 million expansion to its Myerstown facility last week. The 70,000-square-foot, state-of-the-art facility will enhance the company’s production capab...

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Virginia company, University of Pittsburgh investing $10M in AI tools

By Melina Druga  |   April 22, 2025   |   Companies

Virginia-based Leidos, a digital and mission innovation company, recently announced it is investing $10 million over five years in collaboration with the University of Pittsburgh’s Computational Pat...

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Hershey opens new chocolate processing plant at Dauphin County headquarters site

By Kim Riley  |   April 21, 2025   |   Companies

The Hershey Company on April 16 opened its new state-of-the-art Reese Chocolate Processing (RCP) facility during a ribbon cutting ceremony at its headquarters in Dauphin County, Pa. The new Hershey...

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PA Chamber Foundation launches Keystone Initiative

By Melina Druga  |   April 18, 2025   |   Investment

The PA Chamber Foundation, a nonprofit organization that works with the Pennsylvania Chamber of Business and Industry, the largest broad-based business advocacy association in Pennsylvania, to acceler...

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Penn State students lobby for increased state funding for university

By Kim Riley  |   April 17, 2025   |   Featured

More than 200 students from across the commonwealth held meetings on April 12 with members of the General Assembly during Penn State’s annual Capital Day to advocate for the university’s annual st...

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Partnership will develop simplified multi-asset investment solutions

By Melina Druga  |   April 17, 2025   |   Companies

Valley Forge-based Vanguard, an investment management company, New York-based Blackstone, an alternative asset manager, and Massachusetts-based Wellington Management, an investment management firm, ha...

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Westinghouse assemblies with low enriched uranium fuel installed in Georgia

By Melina Druga  |   April 16, 2025   |   Companies

Lead test assemblies with low enriched uranium (LEU+) fuel were inserted into Unit 2 of Alvin W. Vogtle Electric Generating Plant in Waynesboro, Ga., an industry first, according to Cranberry Township...

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Northwestern PA school gets $200,000 grant to teach students manufacturing skills

By Melina Druga  |   April 15, 2025   |   Companies

The Department of Community and Economic Development recently awarded the Corry Area School District a $200,000 Manufacturing PA Training-to-Career grant award to enhance its Career and Technical Cent...

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Montauk Renewables subsidiary breaks ground on RNG landfill gas project

By Melina Druga  |   April 14, 2025   |   Companies

Pittsburgh-based Montauk Renewables Inc., a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (RNG), recently announced its subsidia...

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Essential Utilities plans $7.8B in investments through 2029

By Pennsylvania Business Report  |   April 14, 2025   |   Companies

Bryn Mawr-based Essential Utilities, a large publicly traded water, wastewater service and natural gas provider, invested more than $1.3 billion in long-term improvements in 2024 and plans a projected...

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Credit: Hitachi Energy

Hitachi Energy investing $70M to support sustainable grid infrastructure

By Liz Carey  |   April 14, 2025   |   Companies

Hitachi Energy announced it will invest more than $70 million in Westmoreland County and create around 100 new jobs to help address the growing demand for sustainable electrical grid infrastructure. ...

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PJM joins Google, Tapestry to collaborate on using AI for faster grid connections

By Kim Riley  |   April 11, 2025   |   Companies

Valley Forge, Pa.-headquartered PJM Interconnection LLC, the largest electrical grid operator in North America, is part of a multiyear collaboration designed to hasten the company’s interconnection ...

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F.N.B. Corporation to purchase Raptor Partners

By Kim Riley  |   April 10, 2025   |   Companies

Pittsburgh-based F.N.B. Corporation, a diversified financial services company, and its wholly owned broker dealer subsidiary, recently agreed to purchase Pittsburgh-based Raptor Partners LLC, an indep...

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AMG Critical Materials to open New Castle chrome facility

By Kim Riley  |   April 10, 2025   |   Federal

Wayne-based AMG Critical Materials N.V., a critical materials and related process technologies provider, plans to invest $15 million to build a aluminothermic production facility to manufacture chrome...

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Hershey purchases Connecticut organic snacks company

By Melina Druga  |   April 9, 2025   |   Companies

The Hershey Company, a snacks company operating in approximately 70 countries, recently entered into an agreement to purchase Connecticut-based LesserEvil, an organic snacks manufacturer. "Investin...

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Companies form alliance supporting energy development in Washington County

By Liz Carey  |   April 9, 2025   |   Companies

Three companies – Liberty Energy, Imperial Land Corporation and Range Resources – Appalachia – said they have formed an alliance to support development of a state-of-the-art power generation fac...

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Pennsylvania fracking site showcases role of state’s oil, gas industry in meeting U.S. energy needs

By Kim Riley  |   April 8, 2025   |   Featured

The American Exploration and Production Council (AXPC), EQT Corp., Halliburton Company, and Range Resources Corp. on April 3 hosted the U.S. Interior Secretary during a fracking site visit and roundta...

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Bazooka Brands opens facility in Moosic

By Melina Druga  |   April 8, 2025   |   Companies

Bazooka Brands recently opened a multimillion-dollar, 120,000-square-foot facility in Moosic, Lackawanna County, to produce the company’s Ring Pop brand. The new facility, which has the capacity ...

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