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Home » Investment » Page 26

Investment

Iovance’s AMTAGVI receives accelerated approval from FDA

By Liz Carey  |   February 23, 2024   |   Companies

Iovance Biotherapeutics announced recently its AMTAGVI, a therapy for advanced melanoma had received U.S. Federal Drug Administration (FDA) approval for intravenous infusion. The company said AMTA...

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Harsco Environmental to provide Brazilian company with service

By Melina Druga  |   February 22, 2024   |   Companies

Harsco Environmental, a provider of onsite material processing and environmental services to the global metals industry, recently signed a multi-year services contract with Gerdau, Brazil's largest...

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Pennsylvania investment in U.S. Boiler Company expansion will create, retain 132 jobs

By Liz Carey  |   February 21, 2024   |   Companies

On Friday, Pennsylvania Gov. Josh Shapiro announced the state would be investing more than $3.2 million into U.S. Boiler Company’s expansion of its Lancaster facility. The company, which designs...

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Lawmakers urge U.S. Treasury to allow critical mining tax credits

By Melina Druga  |   February 21, 2024   |   Federal

A group of nine U.S. senators, including Sen. Bob Casey (D-PA), recently sent a letter to U.S. Treasury Secretary Janet Yellen, urging the Biden Administration to allow critical mineral mining and pro...

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Philadelphia International Airport receives $20.4M federal grant

By Melina Druga  |   February 21, 2024   |   Federal

The U.S. Department of Transportation recently awarded the Philadelphia International Airport (PHL) a $20.4 million Airport Terminal Program grant. The airport will use funding to upgrade the HVAC ...

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Philadelphia software company receives clearance for diagnostic tool

By Melina Druga  |   February 20, 2024   |   Companies

The U.S. Food and Drug Administration (FDA) recently gave Philadelphia-based Proscia, a software company, clearance for its Concentriq AP-Dx digital pathology solution. “This regulatory milestone...

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PNC to open at least 100 locations as part of $1B investment plan

By Melina Druga  |   February 16, 2024   |   Companies

PNC Bank recently announced an approximate $1 billion investment plan that will be used to open more than 100 new branches in key locations to improve the reach of the bank’s coast-to-coast network....

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Montauk Renewables to deliver biogenic carbon dioxide over 15 years

By Melina Druga  |   February 16, 2024   |   Companies

Pittsburgh-based Montauk Renewables, a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas, and EE North America, a developer, finance...

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PA Chamber leads coalition urging lawmakers to ensure reliable energy supply

By Liz Carey  |   February 16, 2024   |   Featured

On Wednesday, the Pennsylvania Chamber of Business and Energy led the Stop New Energy Taxes coalition in urging Gov. Josh Shapiro and state law makers to ensure a robust and reliable energy supply for...

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State Republicans push for “Main Street Entrepreneurship Initiative”

By Liz Carey  |   February 15, 2024   |   Featured

Pennsylvania House Republicans are pushing the legislature to reduce governmental burdens to business ownership by acting on the “Main Street Entrepreneurship Initiative.” The package of bills...

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Federal grant will support Philadelphia’s Plug In Philly initiative

By Melina Druga  |   February 14, 2024   |   Federal

The U.S. Joint Office of Energy and Transportation recently awarded Philadelphia’s Plug In Philly initiative a $1.47 million Ride and Drive Electric program grant. Plug In Philly is a two-year pi...

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Elected officials voice opposition to proposed York County energy project

By Liz Carey  |   February 14, 2024   |   Featured

On Monday, U.S. Rep. Lloyd Smucker (R-PA) joined local elected county and state officials in opposing a hydroelectric pumped storage facility in York County proposed by York Energy Storage, LLC. I...

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Federal legislation would benefit pre-apprenticeship programs

By Melina Druga  |   February 14, 2024   |   Federal

U.S. Reps. Brian Fitzpatrick (R-PA) and Donald Norcross (D-NJ), Bipartisan Building Trades Caucus co-chairmen, recently introduced the bipartisan Pre-Apprenticeships To Hardhats (PATH) Act that would ...

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Sen. Casey, Rep. Scanlon announce Army decision to renew production of Ridley-Park helicopters

By Liz Carey  |   February 13, 2024   |   Companies

On Friday, U.S. Sen. Bob Casey (D-PA) and U.S. Rep. Mary Gay Scanlon (D-PA) announced the U.S. Army will modernize its fleet of heavy lift helicopters made in Ridley Park, PA. The Congress members...

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Energy Innovation Center Institute receives $85,000 grant

By Melina Druga  |   February 13, 2024   |   Investment

Electric distribution company FirstEnergy Corp. recently awarded Pittsburgh-based Energy Innovation Center Institute (EICI), a nonprofit organization providing skills-based work force training for peo...

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Wabtec to supply Norwegian transit company with efficient door, HVAC systems

By Melina Druga  |   February 13, 2024   |   Companies

Pittsburgh-based Wabtec Corp., a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, recently received an order from Norway-based No...

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State awards more than $4M in grants to career and technical centers, school districts

By Melina Druga  |   February 12, 2024   |   Investment

The Pennsylvania Department of Education (PDE) recently awarded more than $4 million in Competitive Equipment Grants to 55 career and technical centers (CTCs) and school districts statewide for the pu...

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Heinz Endowments sets aside $10M for projects in western Pennsylvania

By Melina Druga  |   February 9, 2024   |   Companies

The Heinz Endowments will make $10 million available over two years to help leverage the Inflation Reduction Act (IRA) and other government funding. “For decades, The Heinz Endowments has helped...

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State officials highlight agricultural investments in 2024-25 budget

By Melina Druga  |   February 9, 2024   |   Investment

Gov. Josh Shapiro and Secretary of Agriculture Russell Redding recently highlighted areas of Shapiro’s 2024-25 budget that focus on agriculture and rural communities. Proposed investments include...

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Steelite International purchases property in Lawrence County

By Melina Druga  |   February 8, 2024   |   Companies

Ohio-based Steelite International, a manufacturer and supplier of buffet, tabletop, and lighting solutions used in the hospitality industry, recently purchased 96 acres in Lawrence County. The comp...

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