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Rajant, U.S. Army enter research and development agreement

By Melina Druga  |   January 6, 2025   |   Companies

Malvern-based Rajant Corp., a broadband communications technology company, recently entered into a three-year cooperative research and development agreement with the U.S. Army Combat Capabilities Deve...

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Biden nixes Nippon Steel’s bid for US Steel raising concerns for Pennsylvania’s economy

By Kim Riley  |   January 3, 2025   |   Companies

President Joe Biden’s decision to quash Japan-based Nippon Steel Corp.’s $14.9 billion bid to acquire Pittsburgh-based US Steel Corp. has sparked concerns about the potential economic fallout for ...

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Pittsburgh-based Wabtec acquires Bloom Engineering

By Liz Carey  |   January 3, 2025   |   Companies

Pittsburgh-based Wabtec Corporation acquired Bloom Engineering, the companies announced Monday. Wabtec, a heat transfer and energy solutions company, said it would be incorporating Bloom’s indus...

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Avalo Therapeutics appoints first chief strategy officer

By Melina Druga  |   January 3, 2025   |   Companies

Avalo Therapeutics, a clinical stage biotechnology company with an office in Wayne, recently appointed of Jennifer Riley as its first chief strategy officer, effective Jan. 1. The role will oversee...

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Galera purchases Australian pharmaceutical company

By Melina Druga  |   January 3, 2025   |   Companies

Malvern-based Galera Therapeutics, a biopharmaceutical company with a portfolio of small molecule superoxide dismutase mimetics, recently completed its purchase of Australia-based Nova Pharmaceuticals...

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Shapiro leads federal complaint against PJM in effort to block rising power prices

By Kim Riley  |   January 2, 2025   |   Featured

The Shapiro administration on Monday filed a formal complaint with federal energy regulators against PJM Interconnection LLC to prevent price hikes on 65 million customers, including 13 million Pennsy...

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Attorney general’s office issues restitution payments in SoLo Funds case

By Melina Druga  |   January 2, 2025   |   Companies

The attorney general’s office recently mailed restitution payments totaling $158,924 to 1,309 Pennsylvanians who borrowed money through California-based SoLo Funds, an online lending platform. At...

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New City Revitalization and Improvement Zone designated in Erie, Reading

By Melina Druga  |   January 2, 2025   |   Investment

Gov. Josh Shapiro’s administration recently approved Erie and Reading’s applications to participate in the City Revitalization and Improvement Zone (CRIZ) program. The administration opened the CR...

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Pittsburgh Regional Consortium to conduct study on business disparities

By Melina Druga  |   December 31, 2024   |   Featured

The Pittsburgh Regional Consortium, an intergovernmental working group, recently announced it will conduct the Pittsburgh Regional Disparity Study with MGT, a consulting firm serving state and local g...

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Philadelphia launches website tracking government operations, services

By Liz Carey  |   December 31, 2024   |   Investment

The new Philly Stat 360 website will give Philadelphia residents and businesses a new way to see how well the city is performing, officials said recently. Launched on Dec. 17, the website is desig...

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Pennsylvania HCBS Association, Pennsylvania Homecare Association complete first step toward merger

By Melina Druga  |   December 31, 2024   |   News

The Pennsylvania HCBS Association (PA HCBS) and the Pennsylvania Homecare Association (PHA) have partnered to fulfill the role and responsibilities of PA HCBS executive director. The partnership is...

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Shapiro highlights state economic accomplishments in 2024

By Melina Druga  |   December 30, 2024   |   Featured

Gov. Josh Shapiro recently highlighted how his administration’s efforts in 2024 are making Pennsylvania more economically competitive, attracting new businesses and creating jobs. “Pennsylvania...

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Sherlock Biosciences acquired by OraSure

By Liz Carey  |   December 30, 2024   |   Companies

Bethlehem, Pa.-based OraSure Technologies, a point-of-need and home diagnostics leader, announced recently it had acquired Sherlock Biosciences, Inc. a next-generation diagnostics company. OraSure...

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Lawsuit alleges company impersonated Pennsylvania Department of State

By Melina Druga  |   December 30, 2024   |   Companies

The Pennsylvania attorney general’s office recently filed a lawsuit in the Dauphin County Court of Common Pleas against Florida-based PA Corporate Certificates, LLC. and its owners alleging the comp...

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ACNB Bank gets shareholder approvals to acquire Traditions Bank

By Dave Kovaleski  |   December 30, 2024   |   Companies

ACNB Corporation and Traditions Bancorp each received shareholder approvals for ACNB to acquire Traditions Bank. Gettysburg-based ACNB is the holding company for ACNB Bank, while York-based Traditi...

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Ansys collaborating with Sony to test perception in autonomous vehicles

By Liz Carey  |   December 24, 2024   |   Companies

Pittsburgh-based Ansys announced it will collaborate with Sony Semiconductor Solutions Corporation to test perception in autonomous vehicle sensors. Using the Ansys AVxcelerate Sensors, the compan...

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Enviri Corp. names next Harsco Environmental senior vice president, president

By Melina Druga  |   December 24, 2024   |   Companies

Philadelphia-based Enviri Corp., a environmental solutions provider for industrial and specialty waste streams, recently named Christophe Reitemeier as senior vice president and president of its Harsc...

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PMF Industries announces plans to enter clean hydrogen market

By Melina Druga  |   December 24, 2024   |   Companies

Williamsport-based PMF Industries, a tubular components manufacturer, plans to invest more than $7 million to expand its Lycoming County-based manufacturing company and enter the clean hydrogen market...

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State PUC approves FirstEnergy Pennsylvania’s infrastructure improvement plans

By Liz Carey  |   December 23, 2024   |   Companies

FirstEnergy Pennsylvania’s plans to enhance smart grids across Pennsylvania were approved by the Pennsylvania Public Utility Commission Thursday. The third phase of the company’s Long-Term Inf...

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Westinghouse, Bulgarian energy ministry sign contract to conduct safety analysis to license a new nuclear fuel assembly design

By Melina Druga  |   December 23, 2024   |   Companies

Cranberry Township-based Westinghouse Electric Company and Bulgaria’s ministry of energy recently signed a contract for Westinghouse to conduct safety analysis regarding the licensing of a new nucle...

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