Enviri Corporation, based in Philadelphia, has agreed to sell its Clean Earth business to Veolia Environnement SA for $3.04 billion. Enviri shareholders will receive cash consideration of $14.50 ...
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Affiliates of New York-based InterVest capital partners, a specialty finance investment firm, recently entered into an agreement to acquire the operating assets and business operations of the newly fo...
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The Pennsylvania Commonwealth Court recently ruled in favor of Wheatland Tube, a division of Chicago-based Zekelman Industries, the largest independent steel pipe and tube manufacturer in North Americ...
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New York-based Thayer Street Partners, a private investment firm focused on the financial services, business services and real estate services sectors, recently invested in Lancaster-based Union Bay R...
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The Pennsylvania Department of Environmental Protection (DEP) recently issued air quality plan approval for Homer City Generation, a proposed energy generation campus in Homer City. Approval author...
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U.S. Rep. Chrissy Houlahan (D-PA) recently introduced a bicameral, bipartisan bill aimed at strengthening domestic biopharmaceutical manufacturing. The Biomanufacturing Excellence Act would promot...
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Malvern, PA-based Annovis Bio, Inc. announced it will meet with the U.S. Food and Drug Administration (FDA) to discuss the company’s work on drugs to treat Alzheimer’s disease and Parkinson’s di...
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US Durum Products LTD, a couscous manufacturer, is investing $8.04 million to relocate from Lancaster County to a larger manufacturing facility in Harrisburg. The move will allow the company to inv...
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Hershey-based The Hershey Company recently closed its acquisition of LesserEvil, a cross-category snack brand known for organic ingredients and bold flavors. LesserEvil’s brands, which include or...
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Duquesne Light Company’s (DLC) revealed that it has an annual economic impact of about $848 million to the Pennsylvania economy. The study, the first-ever done by the company, was condu...
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U.S. Reps. Brendan Boyle (D-PA) and Brian Fitzpatrick (R-PA) recently introduced bipartisan, bicameral legislation that would close a gap in U.S. semiconductor policy. The Strengthening Essential M...
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The U.S. Department of Energy’s Loan Programs Office on Tuesday closed a $1 billion loan to lower energy costs and restart a Pennsylvania nuclear power plant. The loan to Constellation Energy Gen...
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The newly enacted $50.1-billion state budget for fiscal year (FY) 2025-2026 far exceeds actual revenues and puts Pennsylvania’s finances on a dangerous path toward future tax increases, according to...
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Philadelphia-based Axalta Coating Systems, an industrial application coatings provider, and Amsterdam-based AkzoNobel N.V., a paints and coatings company, recently entered into a definitive agreement ...
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CSL, an Australian-based biopharma company, plans to invest approximately $1.5 billion over the next five years to expand its presence in the United States, subject to board of directors approval. ...
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Ben Franklin Technology Partners of Northeastern Pennsylvania hosted a working session event at Ben Franklin TechVentures in Bethlehem on Nov. 13 that brought together regional leaders and Advancing P...
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UK-based Axiom GRC, a business resilience platform offering a governance, risk and compliance (GRC) solution, recently purchased Philadelphia-based IS Partners, a provider of cyber assurance and compl...
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The Hershey Co., headquartered in Hershey, Pa., applauded a recent decision by President Donald Trump to exempt cocoa from broad tariff measures he announced earlier this year. “For more than 1...
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Pennsylvania has secured a $142.2-million investment from First Quality Retail Services LLC, which plans to expand its manufacturing operations in Mifflin County, said Gov. Josh Shapiro on Nov. 13. ...
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New Jersey-based Legend Biotech Corp., a cell therapy company, recently held a ribbon cutting to celebrate the grand opening of its 31,000-square-foot Philadelphia research and development (R&D) facil...
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