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Washington County career center receives state funding

By Melina Druga  |   January 12, 2021   |   Companies

The state’s Manufacturing Training-to-Career program recently awarded the Western Area Career and Technology Center (WACTC) in Washington County with $112,262 in funding. WACTC plans to use the f...

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RZ Wealth joining Diversified Lifelong Advisors’ Wayne office

By Melina Druga  |   January 12, 2021   |   Companies

RZ Wealth, a Wayne-based registered investment advisor, will be combining client assets with Delaware-based Diversified Lifelong Advisors. The transaction totaled $900 million. Diversified Lif...

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FICO to host financial education event in Philadelphia region

By Melina Druga  |   January 12, 2021   |   Companies

In conjunction with Operation HOPE credit counselors, FICO, an analytics software firm, will be hosting a free financial education online event today for greater Philadelphia area residents. Attend...

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Public comments on RGGI controversy due by Thursday

By Hil Anderson  |   January 11, 2021   |   Companies

The deadline is looming for public comments on Gov. Tom Wolf’s controversial plan to enlist Pennsylvania in the Regional Greenhouse Gas Initiative (RGGI), and some lawmakers are saying the entire pr...

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Sen. Yudichak seeks cosponsors for education legislation

By Melina Druga  |   January 11, 2021   |   Featured

State Sen. John Yudichak (I-Luzerne/Carbon) recently sent a memorandum to fellow senators seeking cosponsors for legislation that would expand postsecondary training access by up to two years. The ...

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PennDOT releases completed study of Reading-to-Philadelphia rail service

By Melina Druga  |   January 11, 2021   |   Investment

The Pennsylvania Department of Transportation (PennDOT) recently released a study on the feasibility and the operation and potential costs of a Reading-to-Philadelphia passenger rail service. Pen...

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State to offer free workshops to agricultural businesses

By Melina Druga  |   January 11, 2021   |   Investment

The Pennsylvania Agricultural Business Development Center will offer six workshops this week during the virtual 2021 Pennsylvania Farm Show to agricultural businesses and aspiring entrepreneurs. ...

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AmerisourceBergen purchases majority state in healthcare business

By Melina Druga  |   January 8, 2021   |   Companies

Valley Forge-based AmerisourceBergen Corp. recently entered into an agreement to purchase a majority stake in Walgreens Boots Alliance’s Alliance Healthcare businesses for $6.5 billion. The Walg...

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Three projects supporting business expansion, job retention awarded $1.28M in low-interest loans

By Melina Druga  |   January 8, 2021   |   Companies

The Pennsylvania Industrial Development Authority (PIDA) recently approved $1.28 million in low-interest loans for three projects. Through the Bucks County Economic Development Corp, Martelli Realt...

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US Labor Department announces rule to clarify employee versus independent contractor status

By Melina Druga  |   January 8, 2021   |   Federal

The U.S. Department of Labor recently clarified the standard for employee versus independent contractor status under the Fair Labor Standards Act (FLSA). The department’s ruling clarifies four is...

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PPG enters into agreement to purchase coatings manufacturer

By Melina Druga  |   January 7, 2021   |   Companies

Pittsburgh-based PPG recently signed a definitive agreement to purchase VersaFlex, a portfolio company of DalFort Capital Partners, for an undisclosed amount. VersaFlex manufactures polyurethane, e...

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INOVIO, Chinese company enter deal for COVID-19 vaccine

By Melina Druga  |   January 7, 2021   |   Companies

INOVIO, a biotechnology company focusing on DNA medicines to treat and prevent infectious diseases and cancer, recently signed a collaboration and license agreement with Advaccine Biopharmaceuticals S...

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Autonomous mobile robot company doubles revenue

By Melina Druga  |   January 7, 2021   |   Companies

Pittsburgh-based Seegrid Corp., an autonomous mobile robot (AMR) company, doubled revenue year-over-year in 2020 for the second year in a row. The growth can be attributed to increased demand from ...

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Commonwealth Partners urge Third Circuit Court to uphold unconstitutional ruling on Gov. Wolf’s business closures

By Debra Flax  |   January 6, 2021   |   Companies

Commonweath Partners Chamber of Entrepreneurs are urging the Third Circuit Court to reject Gov. Tom Wolf’s business closures and uphold a previous ruling that found his actions unconstitutional. ...

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Bally’s Corporation to build gaming facility in Centre County

By Melina Druga  |   January 6, 2021   |   Companies

The Pennsylvania Gaming Control Board recently awarded Ira Lubert, a real estate and private equity investor, the right to apply for a Category 4 slot machine license for a casino to be built within a...

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Philadelphia revitalization project receives $2M grant

By Melina Druga  |   January 6, 2021   |   Companies

The Pennsylvania Redevelopment Assistance Capital Program recently awarded the Frankford Arsenal Revitalization Project a $2 million grant. The Arsenal was originally built in 1816 in Philadelphia....

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Olympus purchases medical device company

By Melina Druga  |   January 6, 2021   |   Companies

Olympus Corp.’s subsidiary Olympus Corporation of the Americas recently completed the purchase of Veran Medical Technologies (VMT), an advanced medical devices company. VMT specializes in interve...

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Real estate company to purchase laboratory

By Melina Druga  |   January 5, 2021   |   Companies

Horsham-based MRA Group, a real estate solutions firm, recently announced it intends to purchase DuPont’s Chestnut Run Laboratory in Wilmington, Del., for redevelopment. MRA Group plans to redeve...

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CONSOL shareholders approve issuance of common stock

By Melina Druga  |   January 5, 2021   |   Companies

Canonsburg-based CONSOL Energy and CONSOL Coal Resources LP held a special shareholder meeting on Dec. 29 to approve the issuance of CONSOL Energy common stock shares. CONSOL Energy recently announ...

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FDA approves LyGenesis drug application

By Melina Druga  |   January 5, 2021   |   Companies

The U.S Food and Drug Administration (FDA) recently approved Pittsburgh-based biotechnology company LyGenesis’ Investigational New Drug (IND) application. The company developing cell therapies t...

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