The U.S. Department of Energy’s Office of Clean Energy Demonstration recently awarded Kraft Heinz up to $170.9 million in Industrial Demonstrations Program funds.
The program promotes widespread ...
Read More
Medicus Pharma, based in Philadelphia, closed on its previously announced initial public offering of 970,000 units, at a price of $4.125 per unit, with each unit consisting of one common share of the ...
Read More
The state of Pennsylvania is investing $5 million in Fidelity Bank’s headquarters expansion in downtown Scranton through the Redevelopment Assistance Capital Program (RACP).
The funding will sup...
Read More
Radnor Township-based Avantor, a life science tools company, recently opened a flagship research and development facility in Bridgewater, N.J.
The 60,000-square-foot Bridgewater Innovation Center ...
Read More
The U.S. Coast Guard recently awarded Cranberry Township-based MSA Safety, an advanced safety products, technologies and solutions company, a 10-year $33 million contract to provide firefighter respir...
Read More
Beaver Valley-based Beaver Valley Federal Credit Union’s members recently voted to merge with Coraopolis-based Clearview Federal Credit Union, effective June 2, 2025.
The credit unions will colla...
Read More
The Pennsylvania Department of Community and Economic Development recently awarded York County-based Joseph Machine Co., a custom machinery manufacturer, with a $2 million Redevelopment Assistance Cap...
Read More
Pittsburgh-based Wabtec Corporation’s Transit Business recently purchased Spanish-based Fanox Electronic, a designer and manufacturer of protection relays and communication devices for Medium-Voltag...
Read More
The Commonwealth of Pennsylvania is investing $1 million to support the growth of semiconductor solutions supplier Powerex Inc.
The funding will go toward a $14 million initiative by the company t...
Read More
Malvern-based PQ, a sodium silicates, specialty silicas, and derivative products producer, recently completed the expansion of its Pasuruan, Indonesia, silica production facility.
The project added...
Read More
Sila Services, a leading provider of HVAC, plumbing and electrical services based in King of Prussia, Pa., will have a new majority owner.
The company announced this week that the Private Equity bu...
Read More
Gettysburg-based ACNB Corporation, an independent $2.42 billion financial holding company and the parent company of ACNB Bank and ACNB Insurance Services, recently announced it has received the requir...
Read More
Ambler-based Bradford White Corp., a water heaters, boilers and storage tanks manufacturer, recently partnered with Explore The Trades, a nonprofit organization that raises awareness about the trades ...
Read More
Pittsburgh-based PNC Bank is adding to its national footprint by investing $500 million to open new branches and make renovations to existing branches around the country.
Through this $500 million...
Read More
Ontario-based Shipfusion, an ecommerce fulfillment and third-party logistics provider, recently opened its fourth warehouse in York.
The new warehouse expands Shipfusion’s capacity to serve its g...
Read More
Vishay Intertechnology Inc., an electronic parts supplier in Chester County, Pa., announced Wednesday it plans to purchase a German-based capacitor film manufacturer for $18.5 million (USD).
The co...
Read More
Malvern-based Ocugen, a biotechnology company focused on novel gene and cell therapies, biologics, and vaccines, recently received a four-year, $30 million credit facility from Avenue Venture Opportun...
Read More
Johnstown-based AmeriServ Financial Bank and AmeriServ Trust and Financial Services Co., both subsidiaries of AmeriServ Financial, completed their merger Oct. 1.
Under the terms of the agreement, ...
Read More
Conshohocken, Pa.-based Cencora Inc., an American drug wholesale company and a contract research organization, plans to acquire Retina Consultants of America (RCA) for approximately $4.6 billion in ca...
Read More
Financial services company Bank of New York Mellon (BNY Mellon) has closed on its acquisition of Berwyn, Pa.-based Archer Holdco.
Specifically, Archer is a leading technology-enabled service provid...
Read More