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Home » Investment » Page 7

Investment

Malvern-based PG purchases Belgian specialty silicate business

By Melina Druga  |   January 16, 2025   |   Companies

Malvern-based PQ, a silicates, silicas and derivative products producer, recently completed its purchase of Belgium-based Sibelco Group’s specialty silicate business that operates at the Lödöse pl...

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TECfusions Keystone Connect in New Kensington, Pa.

TECfusions acquires land for data center project in Upper Burrell

By Liz Carey  |   January 15, 2025   |   Companies

Sustainable data solutions company TECfusions announced it had purchased nearly 1,500-swuare-feet of land in Upper Burrell, Pa., for a data center project. The project, known as TECfusions Keyston...

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Wabtec to purchase inspection tech division of Boston company

By Melina Druga  |   January 15, 2025   |   Companies

Pittsburgh-based Wabtec Corp., a equipment, systems, digital solutions and services provider for the freight and transit rail industries, recently signed an agreement to purchase Boston, Mass.-based E...

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CNB Financial, ESSA Bancorp to merge

By Melina Druga  |   January 14, 2025   |   Companies

Clearfield-based CNB Financial Corp., the parent company of CNB Bank, and Stroudsburg-based ESSA Bancorp, the parent company of ESSA Bank & Trust, plan to merge. Under the terms of the merger, ESSA...

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Pa.-based property company expands national footprint with $39M acquisition in Kentucky

By Liz Carey  |   January 14, 2025   |   Companies

Morgan Properties, the Conshohocken, PA-based multifamily property owner, said it was expanding its footprint into Kentucky with its $39 million purchase of a 236-unit apartment community. Morgan ...

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Wabtec hybrid locomotive receives approval in New York

By Melina Druga  |   January 13, 2025   |   Companies

Pittsburgh-based Wabtec Corp., a equipment, systems, digital solutions and services provider for the freight and transit rail industries, recently learned the New York’s Metropolitan Transportation ...

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INOVIO highlights 2024 accomplishments, 2025 goals

By Melina Druga  |   January 13, 2025   |   Companies

Plymouth Meeting-based INOVIO, a biotechnology company focused on developing and commercializing DNA medicines for HPV-related diseases, cancer, and infectious diseases, recently released its 2024 key...

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Merger forming new Pa.-based coal producer valued at $5B+ moves forward

By Kim Riley  |   January 13, 2025   |   Companies

Stockholders for both Arch Resources Inc. and CONSOL Energy Inc. have voted to approve all proposals related to the companies’ pending merger, which will form a single coal producer based in Pennsyl...

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Pittsburgh-based System One purchases Maryland tech company

By Melina Druga  |   January 10, 2025   |   Companies

Pittsburgh-based System One, a outsourced services and work force solutions provider, recently purchased Maryland-based Tech USA Companies for an undisclosed amount. The purchase includes Tech USA...

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Covestro plans to expand Ohio site

By Melina Druga  |   January 10, 2025   |   Companies

Covestro, a German-based polymer materials and components manufacturer with its North American headquarters in Pittsburgh, plans to expand its site in Hebron, Ohio. Construction is scheduled to beg...

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C3 Complete expands services to Pittsburgh

By Melina Druga  |   January 9, 2025   |   Companies

Florida-based C3 Complete, a technology consultancy, recently announced it has expanded its network and technology, telecom, and information security services portfolio to the Greater Pittsburgh area....

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Aurora, Continental partner with NVIDIA to deploy driverless trucks

By Liz Carey  |   January 9, 2025   |   Companies

Pittsburgh-based autonomous vehicle company Aurora will partner with NVIDIA and Continental, the mobility technology manufacturing company, to deploy driverless trucks at scale, the companies said Tue...

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FDA accepts Annovis’ updated protocol for drug study

By Melina Druga  |   January 9, 2025   |   Companies

The U.S. Federal Drug Administration (FDA) has accepted an updated protocol for Malvern-based Annovis Bio’s Phase 3 Alzheimer’s disease (AD) study that begins this month. The FDA granted Annovi...

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Westinghouse wins space microreactor contract

By Liz Carey  |   January 8, 2025   |   Companies

Cranberry Township, Pa.-based Westinghouse Electric Company will continue to develop a space microreactor after winning a development contract through NASA and the U.S. Department of Energy. The F...

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Grand View Health joins St. Luke’s University Health Network

By Melina Druga  |   January 8, 2025   |   Companies

Sellersville-based Grand View Health, a nonprofit, community-based health system of more than 2,000 employees caring for residents of Bucks and Montgomery counties, and Bethlehem-based St. Luke’s Un...

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A. Duie Pyle opens Camp Hill location

By Melina Druga  |   January 8, 2025   |   Companies

West Chester-based A. Duie Pyle (Pyle), a asset and non-asset-based supply chain solutions provider, recently opened a new facility in Camp Hill. It is the company’s 31st facility and will exten...

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Pre-apprenticeship, apprenticeship programs awarded $1.5M in grants

By Melina Druga  |   January 7, 2025   |   Investment

The Pennsylvania Department of Labor & Industry (L&I) recently awarded registered pre- apprenticeship and apprenticeship programs in the building and construction trades more than $1.5 million in gran...

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Skills in Scranton awarded $15,000 grant

By Melina Druga  |   January 6, 2025   |   Investment

The Robert H. Spitz Foundation recently awarded Skills in Scranton Business Education Partnership, the Greater Scranton Chamber of Commerce work force development affiliate, a $15,000 grant to support...

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Rajant, U.S. Army enter research and development agreement

By Melina Druga  |   January 6, 2025   |   Companies

Malvern-based Rajant Corp., a broadband communications technology company, recently entered into a three-year cooperative research and development agreement with the U.S. Army Combat Capabilities Deve...

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Pittsburgh-based Wabtec acquires Bloom Engineering

By Liz Carey  |   January 3, 2025   |   Companies

Pittsburgh-based Wabtec Corporation acquired Bloom Engineering, the companies announced Monday. Wabtec, a heat transfer and energy solutions company, said it would be incorporating Bloom’s indus...

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