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News

Bowery Farming to open facility in Bethlehem

By Melina Druga  |   December 10, 2020   |   Companies

Bowery Farming, the nation’s largest vertical farming company, recently announced it is expanding into Pennsylvania. The company will build a 150,000-square-foot facility on an 8.7-acre site in B...

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Alcom purchases Bethlehem printing company

By Melina Druga  |   December 10, 2020   |   Companies

Harleysville-based Alcom Printing Group, provider of integrated solutions for print, direct mail, marketing, and business development, recently purchased Christmas City Printing (CCP) in Bethlehem. ...

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Canon Business Process Services doubles size of Scranton facility to meet client demand

By Debra Flax  |   December 9, 2020   |   Companies

Canon Business Process Services said it has doubled the size of its Eastern regional Business Processing Center in Scranton to meet increased client demands. The now-20,000 square foot facility ope...

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Guardian Capital Partners invests in workforce solutions company

By Melina Druga  |   December 9, 2020   |   Companies

Guardian Capital Partners, a Wayne-based private equity firm, recently invested in Warminster-based Havis, a designer and manufacturer of mobile workforce solutions for public safety and enterprise ma...

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Pittsburgh-area life science companies form partnerships

By Melina Druga  |   December 9, 2020   |   Companies

LifeX Labs, a Pittsburgh life sciences startups, and Pittsburgh Life Science Greenhouse (PLSG), a life sciences economic development organization, recently formed a strategic alliance to accelerate in...

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Poll: Americans support COVID-19 liability protections for employers

By Debra Flax  |   December 8, 2020   |   Companies

The Pennsylvania Coalition for Civil Justice Reform (PCCJR) is applauding a new national survey released by the U.S. Chamber Institute for Legal Reform that confirmed public support for safe harbor le...

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Congressional leadership urged to provide restaurants COVID-19 relief

By Melina Druga  |   December 8, 2020   |   Federal

U.S. Rep. Brian Fitzpatrick (R-PA) recently joined 162 of his colleagues, urging Congressional leaders to include a $120 billion revitalization fund for small and independent restaurants in future COV...

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Senate Democrats plan includes $800 million for business assistance

By Melina Druga  |   December 8, 2020   |   Investment

The PA Senate Democratic Caucus recently revealed its $4 billion COVID-19 relief bill that includes $800 million for business assistance. The Pennsylvania Coronavirus Aid, Relief & Economic Securit...

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Unions ready for next round in Pennsylvania’s RGGI debate

By Hil Anderson  |   December 7, 2020   |   Companies

It will be back to work for Pennsylvania’s labor movement this week when stakeholder unions once again urge Gov. Tom Wolf to step back from his intention to enlist the state in the controversial Reg...

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State representatives to reintroduce bills to cut corporate income tax rate

By Debra Flax  |   December 7, 2020   |   News

State Reps. Greg Rothman (R-District 87) and Barbara Gleim (R-District 199) announced last week their respective plans to reintroduce bills designed to improve Pennsylvania’s business climate and ke...

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Seedcopa ranked top loan provider for small businesses

By Melina Druga  |   December 7, 2020   |   Companies

The U.S. Small Business Administration (SBA) recently ranked Seedcopa, an SBA loan provider, as the top provider of SBA 504 loans for small businesses in Eastern Pennsylvania. SBA 504 loans are for...

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Pharmaceutical company expanding Allentown operations

By Melina Druga  |   December 7, 2020   |   Companies

U.S. Specialty Formulations (USSF), a pharmaceutical manufacturing company, plans to expand its Allentown operations to develop a COVID-19 vaccine with its partner VaxForm, USSF is using VaxForm’...

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ATI announces exit from stainless sheet productions, refocuses on high-value strategy

By Debra Flax  |   December 4, 2020   |   Companies

Pittsburgh-based Allegheny Technologies Inc. (ATI) said it will exit stainless sheet products by mid-year 2021, instead streamlining its production footprint to focus on more high-return opportunities...

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Summit Trail Advisors opens Harrisburg office

By Melina Druga  |   December 4, 2020   |   Companies

Summit Trail Advisors, an investment-focused independent wealth management firm, will hold the ribbon-cutting ceremony for its Harrisburg office on Wednesday. Harrisburg Mayor Eric Papenfuse and st...

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Development authority approves three new loans

By Melina Druga  |   December 4, 2020   |   Companies

The Pennsylvania Industrial Development Authority recently approved three new low-interest loans for projects in Mercer, Susquehanna, and Westmoreland counties. The Regional Industrial Development ...

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Atlas Holdings announces sale of Novipax to ACON Investments

By Debra Flax  |   December 3, 2020   |   Companies

Atlas Holdings announced Tuesday the sale of Novipax to ACON Investments, LLC, an international private equity firm based in Washington, D.C. Novipax, the leading producer of absorbent pads in the ...

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Sens. Muth, Williams to introduce legislation to provide funding for transportation projects

By Melina Druga  |   December 3, 2020   |   Featured

State Sens. Katie Muth (D-Chester/Montgomery/Berks) and Lindsey M. Williams (D-Allegheny) announced plans to introduce legislation that would authorize the Pennsylvania Department of Transportation (P...

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Westinghouse contract will update nuclear facility

By Melina Druga  |   December 3, 2020   |   Companies

Westinghouse Electric Co. and Southern Nuclear Operating Co. recently signed an instrumentation and control (I&C) modernization contract with for new Digital Rod Position Indication (DRPI) Advanced Di...

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PPG announces plans to acquire global coatings manufacturer

By Debra Flax  |   December 2, 2020   |   Companies

PPG, a global supplier of paints, coatings, and specialty materials based in Pittsburgh, announced Monday plans to acquire Ennis-Flint, a global manufacturer of coatings, for approximately $1.15 billi...

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Alcoa sells rolling mill business

By Melina Druga  |   December 2, 2020   |   Companies

Alcoa Corp. recently agreed to sell its rolling mill business, held by Alcoa Warrick, to Kaiser Aluminum Corp. for approximately $670 million. The agreement includes $587 million in cash and the ...

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