Legislation recently introduced in the state House would reform the public private partnership (P3) transportation law. House Bill 920 would amend Act 88 of 2012. It would require the P3 board to ...
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The state House recently approved legislation that would give the Pennsylvania Independent Fiscal Office (IFO) dynamic scoring capability. Dynamic scoring would allow the agency to provide the Ge...
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Pittsburgh-based Honeycomb Credit, a first-of-its-kind loan crowdfunding platform, will expand its community-based small business financing model nationwide after raising $1.75 million in seed funding...
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Sens. Wayne Langerholc Jr. (R-Cambria County) and John Sabatina (D-Philadelphia), Senate Transportation Committee chairman and minority chairman, have been invited to sit on the Transportation Revenue...
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Bryn Mawr Bank Corporation will merge with WSFS Financial Corporation following the signing of a definitive merger agreement by the two financial institutions last week. Simultaneously, the Bryn Ma...
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Twenty-nine student research projects at 15 universities statewide recently were approved for nearly $2 million in Manufacturing PA initiative grants. The projects will advance innovation in several ...
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The Department of Labor & Industry (L&I) recently announced it will be adding between 500 and 1,000 customer service representatives to the unemployment compensation call center. More experienced ...
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Legislation recently introduced in the state House would help entertainment-related venues negatively impacted by the COVID-19 pandemic. House Bill 878 would establish the Entertainment Venue Indus...
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U.S. Rep. Matt Cartwright (D-PA) introduced two bills in Congress that would spur federal funding to reclaim abandoned mine lands. One is the Abandoned Mine Land Reauthorization Act, introduced alo...
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A recent hearing of the House Majority Policy Committee heard testimony on how to regrow the economy in the southwestern region of the state. Economic development leaders and local business owner...
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In 2020, the Lehigh Valley Economic Development Corporation (LVEDC) received more than $700,000 in private and public sector investment and sponsorship from more than 125 investors. Five of LVEDCâ€...
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The Ben Franklin Technology Partners of Northeastern Pennsylvania recently launched the Ben Franklin Life Science Technology Network to increase awareness of companies and people in northeastern Penns...
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The state’s Manufacturing Training-to-Career program recently awarded $379,500 to two organizations in Lancaster and Lehigh counties to boost manufacturing awareness for students. The program hel...
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SAP SE, a German multinational software corporation with its North American headquarters in Newtown Square, recently announced it aims to make its operations carbon neutral by the end of 2023, two yea...
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United States Steel Corporation (U.S. Steel) recently purchased The NanoSteel Co.’s intellectual property, trademarks, and flat rolled sheet patents for an undisclosed amount. By doing so, it bec...
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Radial, a leading provider of integrated e-commerce logistics, plans to open a second facility in Easton, which is expected to bring more than 700 new jobs to the area. The company will take over t...
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Legislation recently introduced in the state Senate aims to increase investment from the film industry. The legislation, introduced by Sen. Camera Bartolotta (R-Greene County), increases the stateâ...
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The Pennsylvania Industrial Development Authority (PIDA) recently awarded nearly $2 million in low-interest loans to four projects in Bucks, Montgomery, and Westmoreland counties. Lenape Real Estat...
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During the next five years, PECO, the Philadelphia Electric Company, will be investing approximately $6 billion across its electric and natural gas systems. It’s part of an ongoing effort to mode...
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The U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) and the Appalachian Regional Commission (ARC) recently awarded Westmoreland County Community College (WCCC) in Youn...
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