UGI Energy Services, a subsidiary of UGI Corp., recently purchased a 33 percent equity interest in Ag-Grid Energy LLC, a renewable energy producer. “We are pleased with the opportunity to increas...
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Pittsburgh-based Consegna Pharma, a drug delivery company, recently purchased Hummelstown-based Fathom Pharma LLC, a company developing long-acting pain medicines. Fathom is now a wholly owned subs...
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Legislation recently introduced in the state House would amend current law to provide well-plugging contracts to Pennsylvania companies. In Pennsylvania, there are 26,000 orphaned oil and gas wells...
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Pennsylvania Gov. Tom Wolf joined lawmakers and local officials to celebrate the ribbon cutting of the Aurora expansion in Pittsburgh on Wednesday. Aurora, an American technology and logistics com...
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Recently introduced bicameral legislation would reform Opportunity Zones, which provide tax incentives to those who reinvest unrealized capital gains into high-impact projects in underserved communiti...
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The Manufacturers’ Association of York, Pa., announced Tuesday it had been awarded a grant for more than $500,000 from the Pennsylvania Department of Labor and Industry to expand the ‘Apprenticesh...
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The Philadelphia Eagles and Braskem, the largest polyolefins producer in the Western Hemisphere, recently cleaned up South Philadelphia's FDR Park. The park covers 348 acres and is the city’s la...
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Legislation sponsored by Pennsylvania Rep. Marina White (R-Philadelphia) that would create a task force to study how to expand Philadelphia’s exportation of liquid natural gas (LNG) to international...
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King of Prussia-based Quench, a provider of filtered water solutions for businesses and dealer partners, recently announced it purchased Crescent Hills Water Co., a Texas-based provider of point-of-us...
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The Department of Labor & Industry (L&I) recently awarded 26 apprenticeship programs statewide more than $11 million in PAsmart grants through the Apprenticeship and Training Office (ATO). Grants t...
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Aviridi, a life sciences company, recently purchased a 10,000-square-feet life sciences facility in Norristown that will serve as its headquarters. The facility is an Opportunity Zone property loca...
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Pittsburgh-based Ansys, an engineering simulation company, will support aerospace and defense technology company Northrop Grumman in developing, testing, and delivering a Deep-Space Advanced Radar Cap...
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Pittsburgh-based Alcoa Corporation announced last week that its Alumar smelter in Sao Luis, Brazil, has energized its first 20 smelting pots as part of the location’s restart of aluminum capacity. ...
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Cranberry Township-based Westinghouse announced last week that it had signed an agreement to acquire BHI Energy. BHI Energy is an umbrella organization covering all aspects of power generation thr...
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UnityLab, a technology enabled manufacturer of commercial appliances for small businesses, announced plans to relocate its headquarters from New England to Dushore. UnityLab purchased Hoffman-New Y...
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M&T Bank Corporation, a New York-based financial holding company, is seeking participants for its first Capital Region Multicultural Small Business Innovation Lab. The lab is a free program designe...
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Pennsylvania Sen. Ryan Aument's (R-36) tax reform bill advanced the Senate Finance Committee, his office announced Wednesday. Senate Bill 771 would reduce the Corporate Net Income (CNI) tax from i...
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Legislation soon to be introduced in the state Senate would create a legal and regulatory framework for carbon dioxide capture and sequestration (CCS) projects. The Pennsylvania Geologic Storage of...
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CIT’s Real Estate Finance business recently loaned Aminim Group $37.2 million to finance the purchase of a bulk distribution facility in Pittsburgh. The more than 510,000-square-foot industrial d...
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Philadelphia-based Chimeron Bio, an RNA company developing self-amplifying RNA vaccines and therapeutics, recently entered into a manufacturing agreement with FUJIFILM Diosynth Biotechnologies (FDB), ...
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