Utz to acquire Festida Foods for $41M
Hanover-based Utz Quality Foods, Inc. announced Tuesday it has entered into an agreement with Great Lakes Festida Holdings, Inc., to acquire Festida Foods for $41 million. Festida Foods is a leadi...
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Indiana County broadband project receives $1.5M workforce grant
The Appalachian Regional Commission’s (ARC) Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative recently awarded the Indiana County Broadband Deployment Initiat...
Read MoreNewtown digital engineering company purchases Dutch firm
EPAM Systems, a Newtown-based digital platform engineering and development services company, recently purchased Just-BI, a Netherlands-based consultant firm specializing in data and analytics. The ...
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Penelec to rejuvenate underground cable to enhance service reliability
Penelec, a FirstEnergy Corp. utility, plans to inject underground cable lines serving an Erie condominium complex with a silicone-based fluid to prolong their life by up to 40 more years. The tech...
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GIANT to open four Philadelphia stores
The GIANT Co. recently announced plans to open four new locations in Philadelphia, with the new stores varying in size from 32,000 to 50,000 square feet. Grand opening dates have not been announc...
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Pharmaceutical manufacturing facility opening in York County
250 Cross Farm Lane (CFL), a PSC Biotech Corp subsidiary, plans to open a contract pharmaceutical manufacturing facility in York County. The company plans to invest more than $22 million to trans...
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AFL-CIO urges U.S. Steel top reconsider Mon Valley decision
Rick Bloomingdale and Frank Snyder, Pennsylvania AFL-CIO president and secretary-treasurer, recently sent a letter to David B. Burritt, United States Steel Corp.'s president and CEO, disagreeing with ...
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House Commerce Committee advances relief bill
The House Commerce Committee recently advanced legislation that would provide relief for specific businesses impacted by the COVID-19 pandemic. House Bill 878, known as the Entertainment Venue Indu...
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Pennsylvania Biotechnology Center announces $5M investment from retirement board
Pennsylvania Biotechnology Center (PABC), a nonprofit life sciences incubator based in Doylestown, announced Wednesday that it had received a major investment pledge by the Bucks County Employees’ R...
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Ben Franklin Technology Partners approves $207,200 in economic investment
The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) board of directors recently approved $207,200 in early-stage company investments in five companies. BFTP/NEP provide...
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Pennsylvania Industrial Development Authority approves development loans for seven companies
The Pennsylvania Industrial Development Authority (PIDA) recently approved more than $11 million in low-interest loans for seven companies in five counties to create and retain employees, grow operati...
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Reps. Kenyatta, Snyder urge legislature to provide COVID-19 relief to Pennsylvania businesses
On Tuesday, state Reps. Malcolm Kenyatta (D-Philadelphia) and Pam Snyder (D-Green/Fayette/Washington) urged the state legislature to pass a bill that would expand business interruption policies for bu...
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Apprentice program receives more than $650,000
Pennsylvania’s Pre-Apprentice and Apprenticeship Grant Program recently awarded more than $650,000 to three programs in two counties that connect apprentices with classroom training. The program ...
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Italian coffee company building West Chester plant
Lavazza North America recently began construction on a facility in West Chester. The company is part of Italian coffee company Lavazza Group, and this is the company’s first roasting and packin...
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Intervala purchases Ohio electronics company
Intervala, a manufacturer of high-reliability, precision electronic, and electromechanical products, recently purchased certain assets of NEOTech’s manufacturing business in Mason, Ohio. NEOTech ...
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U.S. Steel’s Mon Valley decision draws criticism of Wolf administration policies
Following U.S. Steel’s April 30 announcement that it has halted a nearly $1.5 billion upgrade of its Mon Valley plant, state Senate Republicans and Pittsburgh business leaders criticized the “libe...
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New Enterprise Stone & Lime acquires Hempt Bros. stock
New Enterprise Stone & Lime Co., Inc., based in New Enterprise, Pa., announced Friday it had acquired all of the outstanding stock of Hempt Bros., Inc. The purchase includes three aggregate plants...
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New York company purchases Warren insurance company
New York-based USI Insurance Services, one of the world’s largest insurance brokerage and consulting firms, recently completed its purchase of Northwest Insurance Services’ insurance business. ...
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Dauphin County hospitality businesses receive more than $3M in state CHIRP grants
A total of 129 hospitality industry businesses in Dauphin County recently received $3.05 million through the state’s Covid-19 Hospitality Industry Recovery Program (CHIRP). The Capital Region Eco...
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Aramark to acquire Next Level Hospitality
Philadelphia-based Aramark, a global leader in food, facilities management, and uniforms, announced Thursday that it will be acquiring Next Level Hospitality which provides culinary and environmental ...
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