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Home » Investment » Page 5

Investment

Limerick-based The Victory Bank to open second branch in Horsham

By Melina Druga  |   March 6, 2025   |   Companies

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...

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Five startups selected as finalists of Duquesne New Venture Challenge

By Liz Carey  |   March 6, 2025   |   Companies

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...

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Predictive Oncology receives financing from Renovaro Biosciences

By Melina Druga  |   March 4, 2025   |   Companies

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...

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Metal Powder Works, Australian company merge

By Melina Druga  |   March 3, 2025   |   Companies

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...

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Gecko Robotics, energy company partner to transform energy sector

By Melina Druga  |   February 28, 2025   |   Companies

Pittsburgh-based Gecko Robotics, a company developing artificial intelligence (AI) driven platforms using robotics, and Washington-based NAES, a power generation company, recently signed a multi-year ...

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Triumph Group extend strategic supplier agreement

By Melina Druga  |   February 26, 2025   |   Companies

Radnor-based Triumph Group’s Systems, Electronics and Controls recently extended its agreement as a strategic supplier to the U.S. Army and BAE Systems in support of the M777 Lightweight Howitzer pl...

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Pa.-based Air Products cancels three projects in California, New York, Texas

By Kim Riley  |   February 26, 2025   |   Companies

Industrial gases company Air Products, which has global headquarters in Lehigh Valley, Pa., is exiting three projects in the United States, primarily to write down assets and terminate contractual com...

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A. Duie Pyle opens North Carolina facility

By Melina Druga  |   February 25, 2025   |   Companies

West Chester-based A. Duie Pyle (Pyle), a non-asset- and asset-based supply chain solutions provider, recently opened a warehouse and distribution center in North Carolina. "Expanding our warehousi...

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PPG Foundation invests $18.4M in 2024

By Melina Druga  |   February 20, 2025   |   Companies

Pittsburgh-based PPG, a paint, coatings and specialty materials company, recently announced its PPG Foundation invested $18.4 million worldwide in 2024, a $900,000 increase from 2023. The foundati...

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FNB Financial Center in Pittsburgh’s Hill District.

FNB opens building in Pittsburgh’s Lower Hill District

By Melina Druga  |   February 20, 2025   |   Companies

Pittsburgh-based F.N.B. Corporation, a diversified financial services company operating in seven states and the District of Columbia, held a ceremonial ribbon-cutting on Tuesday to celebrate the openi...

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Credit: LBB Specialties

LBB Specialties opens distribution center in Bristol

By Liz Carey  |   February 14, 2025   |   Companies

Specialty chemical and ingredient distributor LBB Specialties recently celebrated the opening of its new 102,000-square-foot distribution center in Bristol, Pa. The Bristol center will better positio...

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Globus Medical to acquire Nevro Corp. in $250M deal

By Melina Druga  |   February 12, 2025   |   Companies

Audubon, Pa.-based Globus Medical, a musculoskeletal solutions company, recently agreed to acquire California-based Nevro Corp., a medical device company, for $250 million. “This transaction furthe...

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COEPTIS raises additional $5.7M in funding to accelerate company innovation, automation

By Melina Druga  |   February 10, 2025   |   Companies

Wexford-based COEPTIS, a biopharmaceutical and technology company focused on developing innovative cell therapy platforms for cancer, autoimmune, and infectious diseases, recently closed on an additio...

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PIDA approves more than $2M in low-interest business loans

By Melina Druga  |   February 7, 2025   |   Companies

The Pennsylvania Industrial Development Authority (PIDA) recently approved more than $2 million in low-interest loans PIDA provides businesses that commit to creating and retaining full-time jo...

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Pittsburgh-based Astrobotic’s partners with Venturi Astrolab to deliver rover to the moon

By Liz Carey  |   February 7, 2025   |   Companies

As part of Pittsburgh-based Astrobotics Griffin Mission One, the company will work with Venturi Astrolab to deliver an Astrolab rover to the moon. Using Astrobotic’s Griffin lander, the companie...

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Philadelphia launches Small Business Catalyst Fund

By Melina Druga  |   February 7, 2025   |   Investment

The Philadelphia Department of Commerce recently launched the $5 million Philadelphia Small Business Catalyst Fund to help high-potential small businesses and entrepreneurs. The fund will foster c...

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Department of Agriculture awards $10M under Agricultural Innovation Grant Program

By Melina Druga  |   February 5, 2025   |   Investment

The Pennsylvania Department of Agriculture recently awarded 88 companies from 45 counties $10 million in Agricultural Innovation Grant Program grants. The program reimburses agricultural businesses...

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Gov. Josh Shapiro

GOP, business and policy leaders push back on Gov. Shapiro’s $51.4B budget plan

By Kim Riley  |   February 4, 2025   |   Featured

Pennsylvania Gov. Josh Shapiro on Tuesday presented his proposed $51.47 billion budget for 2025-2026, a 7.5-percent increase over the current fiscal year, and it isn’t faring well with Republican la...

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House Republicans hold hearing on stopping new energy taxes

By Liz Carey  |   February 4, 2025   |   Investment

Republican legislators heard testimony that Pennsylvania’s energy policies are harmful to the state during a hearing on Monday. State Reps. Martin Causer (R-Bradford), chairman of the House Energy ...

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Private equity firms to purchase TRIUMPH

By Melina Druga  |   February 4, 2025   |   Companies

Affiliates of Berkshire Partners, a multi-sector specialist investor in private and public equity, and Warburg Pincus, an aerospace and defense and industrial technology sectors investor, recently ent...

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