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CNB Financial, ESSA Bancorp to merge

By Melina Druga  |   January 14, 2025   |   Companies

Clearfield-based CNB Financial Corp., the parent company of CNB Bank, and Stroudsburg-based ESSA Bancorp, the parent company of ESSA Bank & Trust, plan to merge. Under the terms of the merger, ESSA...

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Michele Buck

Hershey CEO Michele Buck announces retirement

By Melina Druga  |   January 14, 2025   |   Companies

Michele Buck, the Hershey Company CEO, president and board of directors chairwoman, recently informed the board she plans to retire, effective June 30, 2026. "Our team has created one of the stron...

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Pa.-based property company expands national footprint with $39M acquisition in Kentucky

By Liz Carey  |   January 14, 2025   |   Companies

Morgan Properties, the Conshohocken, PA-based multifamily property owner, said it was expanding its footprint into Kentucky with its $39 million purchase of a 236-unit apartment community. Morgan ...

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Wabtec hybrid locomotive receives approval in New York

By Melina Druga  |   January 13, 2025   |   Companies

Pittsburgh-based Wabtec Corp., a equipment, systems, digital solutions and services provider for the freight and transit rail industries, recently learned the New York’s Metropolitan Transportation ...

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INOVIO highlights 2024 accomplishments, 2025 goals

By Melina Druga  |   January 13, 2025   |   Companies

Plymouth Meeting-based INOVIO, a biotechnology company focused on developing and commercializing DNA medicines for HPV-related diseases, cancer, and infectious diseases, recently released its 2024 key...

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Merger forming new Pa.-based coal producer valued at $5B+ moves forward

By Kim Riley  |   January 13, 2025   |   Companies

Stockholders for both Arch Resources Inc. and CONSOL Energy Inc. have voted to approve all proposals related to the companies’ pending merger, which will form a single coal producer based in Pennsyl...

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Pittsburgh-based System One purchases Maryland tech company

By Melina Druga  |   January 10, 2025   |   Companies

Pittsburgh-based System One, a outsourced services and work force solutions provider, recently purchased Maryland-based Tech USA Companies for an undisclosed amount. The purchase includes Tech USA...

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Covestro plans to expand Ohio site

By Melina Druga  |   January 10, 2025   |   Companies

Covestro, a German-based polymer materials and components manufacturer with its North American headquarters in Pittsburgh, plans to expand its site in Hebron, Ohio. Construction is scheduled to beg...

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Philadelphia’s credit rating upgraded by Standard & Poor

By Liz Carey  |   January 10, 2025   |   Featured

Standard & Poor upgraded Philadelphia’s credit rating to A+ on Wednesday, the highest rating for the city in decades, officials said. The new rating, with a long-term Stable outlook, is the seco...

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C3 Complete expands services to Pittsburgh

By Melina Druga  |   January 9, 2025   |   Companies

Florida-based C3 Complete, a technology consultancy, recently announced it has expanded its network and technology, telecom, and information security services portfolio to the Greater Pittsburgh area....

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Aurora, Continental partner with NVIDIA to deploy driverless trucks

By Liz Carey  |   January 9, 2025   |   Companies

Pittsburgh-based autonomous vehicle company Aurora will partner with NVIDIA and Continental, the mobility technology manufacturing company, to deploy driverless trucks at scale, the companies said Tue...

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FDA accepts Annovis’ updated protocol for drug study

By Melina Druga  |   January 9, 2025   |   Companies

The U.S. Federal Drug Administration (FDA) has accepted an updated protocol for Malvern-based Annovis Bio’s Phase 3 Alzheimer’s disease (AD) study that begins this month. The FDA granted Annovi...

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Westinghouse wins space microreactor contract

By Liz Carey  |   January 8, 2025   |   Companies

Cranberry Township, Pa.-based Westinghouse Electric Company will continue to develop a space microreactor after winning a development contract through NASA and the U.S. Department of Energy. The F...

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Grand View Health joins St. Luke’s University Health Network

By Melina Druga  |   January 8, 2025   |   Companies

Sellersville-based Grand View Health, a nonprofit, community-based health system of more than 2,000 employees caring for residents of Bucks and Montgomery counties, and Bethlehem-based St. Luke’s Un...

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A. Duie Pyle opens Camp Hill location

By Melina Druga  |   January 8, 2025   |   Companies

West Chester-based A. Duie Pyle (Pyle), a asset and non-asset-based supply chain solutions provider, recently opened a new facility in Camp Hill. It is the company’s 31st facility and will exten...

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California company to purchase Predictive Oncology

By Melina Druga  |   January 7, 2025   |   Companies

California-based Renovaro, a pharmaceutical company accelerating precision and personalized medicine for longevity, recently entered into an agreement to purchase Pittsburgh-based Predictive Oncology,...

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Straub Metal acquired by Norfolk Iron & Metal

By Liz Carey  |   January 7, 2025   |   Companies

Ashley, Pa.-based Straub Metal has been acquired by one of the largest family-owned steel service centers in the country, Norfolk Iron & Metal, officials said Monday. The acquisition will further ...

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Pre-apprenticeship, apprenticeship programs awarded $1.5M in grants

By Melina Druga  |   January 7, 2025   |   Investment

The Pennsylvania Department of Labor & Industry (L&I) recently awarded registered pre- apprenticeship and apprenticeship programs in the building and construction trades more than $1.5 million in gran...

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Legislation to allow non-surface drilling on state lands reintroduced

By Liz Carey  |   January 6, 2025   |   Featured

Legislation reintroduced by Pennsylvania Rep. Clint Owlett (R-Tioga and Bradford counties) would allow non-surface drilling on state lands, a memo to all House members said. The legislation would ...

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Skills in Scranton awarded $15,000 grant

By Melina Druga  |   January 6, 2025   |   Investment

The Robert H. Spitz Foundation recently awarded Skills in Scranton Business Education Partnership, the Greater Scranton Chamber of Commerce work force development affiliate, a $15,000 grant to support...

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