The U.S. House of Representatives recently passed a bipartisan bill that would help certain minority-owned small businesses better compete for federal contracts. The legislation applies to busine...
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Pittsburgh-based CorePower Magnetics, Inc. will receive $20 million in federal funding aimed at strengthening clean energy supply chains and accelerating clean energy manufacturing in former coal comm...
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Pittsburgh-based Ansys’ technology has been integrated into technology approved by the U.S. Nuclear Regulatory Commission (NRC). NuScale Power, a nuclear technology company, used Ansys’ thermal...
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Philadelphia-based Vivodyne announced last week that it had closed on $38 million in seed funding to further its discovery pipeline and clinically predictive AI platform. The seed funding, led by ...
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The Commonwealth Financing Authority’s Pipeline Investment Program recently awarded a $1.2 million grant to Jackson Township and Peoples Natural Gas to provide natural gas service to the Jackson Tow...
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Maid-Rite Specialty Foods, Inc., a ready-to-heat meals manufacturer, plans to expand its Dunmore manufacturing operation. The first phase of the expansion project recently began construction and w...
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The city of Philadelphia and Community Ventures, a nonprofit affordable housing developer, recently held a groundbreaking ceremony for Old First House, an affordable housing mixed-use development. ...
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Burnside America, a manufacturer of hydraulic cylinders, is nearing the completion of a $4.8 million, 30,000-square-foot expansion of its Franklin County facility. The expansion doubles the size of...
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Philadelphia-based WhiteHawk Energy, a company focused on acquiring mineral and royalty interests in top tier natural gas resource plays, recently purchased additional Marcellus Shale natural gas mine...
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On Tuesday, Pennsylvania Gov. Josh Shapiro joined Pennsylvania Department of Community and Economic Development Secretary Rick Siger and Astrobotic CEO to announce the company’s Pittsburgh expansion...
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Exton-based Allied Resources Group (ARG) recently agreed to purchase New York City-based STV’s midstream oil and gas business operations. The purchase will be effective Nov. 30. "With the laun...
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On Thursday, Pittsburgh-based Ansys announced they were collaborating with Sony Semiconductor Solutions (Sony) to enhance image sensor simulation and camera-based features in automotive applications. ...
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On Monday, the Pennsylvania Department of Transportation (PennDOT) announced details about the latest round of federal funding for electric vehicle charging infrastructure. The funding, from the N...
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New York-based Verizon Communications recently awarded $50,000 to the Greater Philadelphia Hispanic Chamber of Commerce and the African-American Chamber of Commerce of PA, NJ & DE (AACC). The chamb...
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Philadelphia-based TriState Container Corporation (TriState) announced Thursday it had been acquired by Unicorr Packaging Group of Connecticut. Multi-generational, family owned TriState operates o...
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Allegheny Health Network (AHN), an integrated healthcare delivery system serving greater Western Pennsylvania, and Pittsburgh-based Highmark Health, a health insurance provider, recently launched the ...
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Sikorsky, a Lockheed Martin company, recently awarded Triumph Group’s Actuation Products & Services business with a contract from for the CH-53K King Stallion rotorcraft. Under the contract, Tri...
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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...
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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...
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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...
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