Ben Franklin Technology Partners of Southeastern Pennsylvania announced Thursday it had completed a first close of its Global Opportunity Pennsylvania Fund (the GO PA fund), expected to reach $100 mil...
Read More
A consortium completed its acquisition of Cranberry Township-based Westinghouse Electric Co. on Tuesday. The consortium is comprised of Brookfield Asset Management, its publicly listed affiliate Br...
Read More
Janney Montgomery Scott, a Philadelphia-based asset management firm, is acquiring investment bank TM Capital. TM Capital is a premier middle market investment bank specializing in mergers and acqui...
Read More
Pittsburgh-based Civil & Environmental Consultants (CEC) recently purchased Arizona-based Engineering and Environmental Consultants (EEC), a civil engineering and environmental services firm. The ...
Read More
On Friday, U.S. Sen. Bob Casey (D-PA) said he is committed to investing in the region’s river communities. In a letter to that region’s business leaders and elected officials, Casey reaffirmed...
Read More
Honeywell Aerospace recently selected Triumph Group’s Systems, Electronics and Controls business to provide engine-mounted Electronic Control Unit (ECU) for future Auxiliary Power Unit (APU) models ...
Read More
Pittsburgh-based Aurora Innovation recently opened lanes for driverless trucks in Dallas and Houston. The lanes are supported by commercial-ready terminals that service driverless trucks at a com...
Read More
Canonsburg-based CNX Resources Corp., a major natural gas producer, and the Gov. Josh Shapiro administration recently committed to increase the company’s operational disclosures with state environme...
Read More
On Thursday, Pennsylvania business leaders joined more than 1,300 industry groups and leaders to call on Congress to support legislation supporting pro-growth tax policies. The Pennsylvania Chambe...
Read More
Allegheny College recently expanded the Allegheny Lab for Innovation and Creativity (ALIC) to add work force development and education resources. The expansion is in partnership with the regional ...
Read More
Philadelphia-based Republic First Bancorp and the Norcross Braca Group recently signed a securities purchase agreement to effectuate the group’s $35 million investment. Under the agreement, the ...
Read More
Cranberry Township-based Westinghouse Electric Co. and its construction partner Bechtel recently submitted a proposal to supply the Czech Republic with up to four Westinghouse AP1000 reactors. The ...
Read More
Lehigh Valley-based Air Products, an industrial gas company, recently signed a contract to provide the PETRONAS LNG Complex in Malaysia with its advanced main cryogenic heat exchanger (MCHE) technolog...
Read More
Citizens Financial Group, Inc. provided a $200,000 to the Pittsburgh Film Office to foster the growth and expansion of the film industry in Southwestern Pennsylvania. The grant, allocated directly...
Read More
Radnor-based Triumph Group, a company serving the global aviation industry, and Honeywell Aerospace, a technology and manufacturing company, recently signed a long-term agreement across multiple Honey...
Read More
Philadelphia-based 1315 Capital, a private investment firm, recently closed on two funds. The first fund closes 1315 Capital III (Fund III) and exceeded the firm’s target of $350 million. The ...
Read More
The Appalachian Regional Commission (ARC) recently awarded Pittsburgh-based Green Building Alliance $500,000 in Appalachian Regional Initiative for Stronger Economies (ARISE) program funding. The a...
Read More
Four US-based industrial manufacturing companies in partnership with Lorraine Capital have combined to form Caldera Manufacturing Group, a metal manufacturing company, that will be headquartered in Re...
Read More
A bill sponsored by Sen. Camera Bartolotta (R-46) supporting veteran-owned businesses passed unanimously in the Pennsylvania Senate Wednesday, Bartolotta’s office said. The bill, Senate Bill 438...
Read More
In 2022, King of Prussia-based Clean Earth, a specialty waste company, increased the recycling of hazardous and nonhazardous waste by 53 percent, according to the company’s recently released 2022 En...
Read More