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Home » News » Page 10

News

Challenges to Pennsylvania’s Electric Grid focus of Senate hearing

By Liz Carey  |   May 4, 2026   |   Featured

State Sen. Gene Yaw (R-Lycoming) held a hearing recently to look into escalating concerns about the state’s electric grid amid rapidly changing demands. The Senate Environmental Resources and En...

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Core Natural Resources elects new members to board of directors

By Melina Druga  |   May 4, 2026   |   Companies

Canonsburg-based Core Natural Resources, a metallurgical and high calorific value thermal coals producer, recently appointed Ted Doheny and Ron Keating to serve on its board of directors. "We are e...

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Aurora Innovation expands partnership with Hirschbach Motor Lines

By Melina Druga  |   May 4, 2026   |   Companies

Pittsburgh-based Aurora Innovation, a self-driving technology company, and Iowa-based Hirschbach Motor Lines, a truckload carrier, recently expanded their strategic partnership. The final commercial t...

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Air Products to expand industrial gas supply under Samsung contract in South Korea

By Liz Carey  |   May 1, 2026   |   Companies

International gases company, Air Products, based in Allentown announced it has been chosen by Samsung to supply gases for its new semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea. U...

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Astrobotic successfully tests rocket engine

By Melina Druga  |   May 1, 2026   |   Companies

Pittsburgh-based Astrobotic, a space robotics company, recently completed a successful hot fire test of its Chakram rotating detonation rocket engine (RDRE). The test was conducted at NASA’s Marshal...

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Venerable names president of two variable annuity businesses

By Melina Druga  |   May 1, 2026   |   Companies

West Chester-based Venerable, a company that owns and manages legacy variable annuity businesses, recently appointed Michal Levy to serve as president of Venerable Investment Advisers (VIA) and SunAme...

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Pennsylvania announces $267M for clear air, cheaper energy and job creation

By Liz Carey  |   April 30, 2026   |   Featured

Pennsylvania Gov. Josh Shapiro joined PA Department of Environmental Protection Secretary Jessica Shirley to announce a $267 million investment that will reduce greenhouse gas emissions, lower energy ...

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U.S. Steel building $1.9B direct reduced iron facility in Arkansas

By Melina Druga  |   April 30, 2026   |   Companies

Pittsburgh-based United States Steel Corporation (U.S. Steel) plans to invest $1.9 billion to build a new direct reduced iron (DRI) facility at its Big River Steel Works in Osceola, Ark. “From ir...

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PPG appoints next senior vice president and chief financial officer

By Melina Druga  |   April 30, 2026   |   Companies

The board of directors of Pittsburgh-based PPG, a paints, coatings and specialty products manufacturer, recently elected Jamie Beggs to serve as senior vice president and chief financial officer, effe...

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Pennsylvania-based UGI Corp. agrees to sell its Electric Division to Argo Infrastructure

By Liz Carey  |   April 29, 2026   |   Companies

Pennsylvania-based UGI Utilities, Inc., a subsidiary of UGI Corporation, announced it would sell its Electric Division to funds managed by Argo Infrastructure Partners LP. The sale sharpens UGI’...

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PNC Bank relocates Austin headquarters

By Melina Druga  |   April 29, 2026   |   Companies

Pittsburgh-based PNC Bank recently announced it is relocating its Austin, Texas, headquarters to a new Class A mixed-use building in the central business district. The location will house PNC’s loca...

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Cabaletta Bio enters agreement with California company to manufacture one of its cell therapies

By Melina Druga  |   April 29, 2026   |   Companies

Philadelphia-based Cabaletta Bio, a late-stage clinical biotechnology company, and California-based Cellares, a company providing global cell therapy development and manufacturing services, recently e...

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Customers Bank deploying AI in commercial banking operations

By Melina Druga  |   April 28, 2026   |   Companies

West Reading-based Customers Bank recently announced it has entered into a multiyear strategic collaboration with OpenAI to deploy artificial intelligence (AI) in commercial banking operations. Und...

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Big Digital Energy enters into agreement with Endeavor Group

By Melina Druga  |   April 28, 2026   |   Companies

Midland-based Big Digital Energy, a technology company that designs, builds, and operates digital infrastructure platforms, recently entered into a strategic colocation agreement with an affiliate of ...

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Dan Sumner appointed CEO of Westinghouse

By Liz Carey  |   April 28, 2026   |   Companies

Cranberry Township-based Westinghouse Electric Company said its interim CEO will permanently take on the role of president and CEO effective immediately. Westinghouse announced in a recent press r...

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Philadelphia’s Aramark enters Hyperscale AI market

By Liz Carey  |   April 27, 2026   |   Companies

Philadelphia-based Aramark announced it has entered the hyperscale AI data center development market with its launch of its new platform, Aramark Nexus. The company said Aramark Nexus will deliver...

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F&M Trust promotes senior executive vice president to president

By Melina Druga  |   April 27, 2026   |   Companies

Chambersburg-based F&M Trust, an independent community bank, recently promoted Senior Executive Vice President Chad Carroll to president and chief operating officer, effective Tuesday. He also will be...

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United Building Solutions purchases McCarl’s Services

By Melina Druga  |   April 27, 2026   |   Companies

Conshohocken-based United Building Solutions (UBS), a heating, ventilation, and air conditioning services provider, recently purchased Cranberry Township-based McCarl’s Services, a commercial and in...

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Industrial developer purchases property in Reading

By Melina Druga  |   April 24, 2026   |   Companies

PNK Group, a New York-based full-cycle engineering, manufacturing, and development company, recently purchased a 24-acre site in Reading that will be developed into an approximately 220,000-square-foo...

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Bimbo Bakeries announces move from Pennsylvania to Texas

By Liz Carey  |   April 24, 2026   |   Companies

Bimbo Bakeries, based in Horsham, Pa., announced it will move its headquarters to Texas where the company started in 1998. Officials with the company said the strategic move positions the company ...

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