Keystone receives $42M in financing
West Conshohocken-based Keystone, a vertically integrated commercial real estate development and investment company, recently secured $42 million in financing from Arbor Realty Trust for a 149-unit lu...
Read MoreInvestment
Ecovyst to purchase sulfuric acid production assets
Malvern-based Ecovyst, a provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services, recently announced it has reached an agreement to acquire Co...
Read More
Wabtec purchases Swedish train connection systems company
Pittsburgh-based Wabtec Corporation, a equipment, systems, digital solutions and value-added services provider for the freight and transit rail industries, recently announced it has entered into an ag...
Read More
Minitab purchases Florida software solutions company
State College-based Minitab, a data analysis, predictive analytics, and continuous process improvement provider, recently purchased Florida-based Prolink Software, a software solutions company. “...
Read More
LS Power plans 700 MW of new generation supply in PJM territory
LS Power, a development, investment, and operating company focused on power generation, electric transmission, and energy infrastructure, recently applied to construct roughly 700 megawatts (MW) of ne...
Read More
Pennsylvania American Water invested more than $675M in improvements in 2024
In 2024, Pennsylvania American Water invested more than $675 million in statewide system improvements. Upgrades and improvements included pipes, treatment plants, fire hydrants, pump stations, tan...
Read More
U.S. Rep. Meuser sponsors bill to help small businesses
U.S. Rep Dan Meuser (R-PA), along with Rep. Hillary Scholten (D-MI), introduced a bill in Congress that seeks to help small businesses in rural or low-income areas. The bill, the Investing in All o...
Read More
Researchers propose reusing depleted oil and gas wells for energy system
Penn State researchers have discovered a proposed geothermal-assisted compressed-air energy storage system (CAES) that uses depleted oil and gas wells can improve efficiency by 9.5 percent when compar...
Read More
Texas company purchases Pittsburgh’s Pearl Street Technologies
Texas-based Enverus, an energy-dedicated SaaS company, recently purchased Pittsburgh-based Pearl Street Technologies, an automation solutions company. The purchase strengthens Enverus’ suite of s...
Read More
Endo, Mallinckrodt to combine in $6.7B deal creating global pharmaceuticals leader
Malvern-based Endo, a diversified pharmaceutical company, and Ireland-based Mallinckrodt plc, a specialty pharmaceutical products and therapies developer, manufacturer, marketer, and distributor, rece...
Read More
Coeptis licenses rights to gene therapy platform
Wexford–based Coeptis, a biopharmaceutical and technology company, recently signed an exclusive licensing agreement with VyGen-Bio, a global biopharmaceutical company, for the worldwide development ...
Read More
Shapiro previews massive plan to supercharge energy development in Pennsylvania
Gov. Josh Shapiro on Tuesday released key components of the Lightning Plan, a comprehensive, all-of-the-above energy plan for the state that will soon be introduced in the General Assembly. “Pe...
Read More
Pittsburgh selects four companies to participate in PGH Lab Cohort 10.0
The City of Pittsburgh’s Department of Innovation and Performance recently selected four local startups to participate in PGH Lab Cohort 10.0. PGH Lab is a six-month paid program designed to supp...
Read More
Pa.-based biopharma company successfully completes two trials for hypertension drug
Radnor, Pa.-based Mineralys Therapeutics Inc., a clinical-stage biopharmaceutical company, on Monday reported positive data from two trials for its orally administered lorundrostat to treat certain hy...
Read More
S&P Global report urges building more pipelines to unleash natural gas in Marcellus, Utica shales
Additional pipeline capacity would unlock the full potential of natural gas from the Marcellus and Utica shales — most of which underlies Pennsylvania — and lead to lower prices and consumer savin...
Read More
Wabtec approved as RailPulse Certified Telematics Vendor
Pittsburgh-based Wabtec Corp., a provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, recently received approval to be a RailPulse Ce...
Read More
Limerick-based The Victory Bank to open second branch in Horsham
Limerick-based The Victory Bank, a Pennsylvania state-chartered commercial bank, recently announced a second retail branch in Horsham will open on April 1. “At The Victory Bank, we do things diff...
Read More
Five startups selected as finalists of Duquesne New Venture Challenge
Five startups will move on to the next phase of the Duquesne New Venture Challenge (DNVC), officials said Tuesday. Hosted by Duquesne University’s Palumbo-Donahue School of Business, the nationa...
Read More
Predictive Oncology receives financing from Renovaro Biosciences
Pittsburgh-based Predictive Oncology, a company using artificial intelligence (AI) and machine learning (ML) to expedite early biomarker and drug discovery to enable drug development, recently receive...
Read More
Metal Powder Works, Australian company merge
Clinton-based Metal Powder Works (MPW), a primary metal manufacturing company, and Australia-based K-Tig Advanced Welding Systems, an automated welding technology company, have merged. The combine...
Read More