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Catalyx, partner to deliver end-to-end packaging solutions

By Melina Druga  |   November 5, 2024   |   Companies

Catalyx, an Irish-based machine vision and automation company with a facility in Newtown, recently partnered with Slovenia-based INEL, an advanced machine builder, to deliver innovative, end-to-end pa...

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Wesco International to purchase Missouri data center facility management services provider

By Melina Druga  |   November 5, 2024   |   Companies

Pittsburgh-based Wesco International recently entered into an agreement to purchase Missouri-based Ascent LLC., a specialized data center facility and property management services provider, for $185 m...

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BNY Mellon acquires Pennsylvania-based fintech

By Dave Kovaleski  |   November 5, 2024   |   Companies

Financial services company Bank of New York Mellon (BNY Mellon) has closed on its acquisition of Berwyn, Pa.-based Archer Holdco. Specifically, Archer is a leading technology-enabled service provid...

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Pittsburgh-based HWI unveils plans to construct new production plant in Missouri

By Kim Riley  |   November 4, 2024   |   Companies

Pittsburgh-headquartered HWI, a member of Calderys, one of the leading suppliers of refractory products and services in the United States, said Oct. 31 that it plans to construct a new lightweight mon...

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New trade commission slated to advance international cooperation between Pennsylvania, Ireland

By Kim Riley  |   November 4, 2024   |   Featured

Legislation signed into law Oct. 29 by Pennsylvania Gov. Josh Shapiro will establish a Pennsylvania-Ireland Trade Commission to help bolster the state’s economy and overseas trade relations. Enac...

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Two venture capital firms receive $1.5M in state development funding

By Melina Druga  |   November 4, 2024   |   Companies

The Department of Community and Economic Development (DCED), through the Ben Franklin Technology Development Authority (BFTDA), a state technology development program, recently awarded two venture cap...

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Aramark Refreshments purchases Heathland Hospitality Group

By Melina Druga  |   November 1, 2024   |   Companies

Philadelphia-based Aramark Refreshments, a pantry and convenience retail services provider, recently announced it purchased Heathland Hospitality Group, a Ambler-based dining services provider. The...

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Appalachian Regional Commission awards $33.5M in economic development grants

By Melina Druga  |   November 1, 2024   |   Federal

The Appalachian Regional Commission (ARC), an economic development entity of the federal government and 13 state governments focusing on the counties in the Appalachian Region, recently awarded 12 col...

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New renewable natural gas plant goes online in the Keystone State

By Kim Riley  |   November 1, 2024   |   Companies

A new renewable natural gas (RNG) plant in Hegins, Pa., is up and running, according to joint venture partners Archaea Energy and UGI Energy Services LLC. “Pennsylvania is a critical state for Ar...

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Kentucky facility begins production of renewable natural gas

By Melina Druga  |   October 31, 2024   |   Companies

Canonsburg, Pa.-based Vision RNG in collaboration with Laurel Ridge Landfill and Kentucky-based Delta Gas Co. recently began commercial operations at a renewable natural gas (RNG) facility located at ...

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EQT Corp. sells remaining interest in Northern Marcellus gas units to Equinor for $1.25B

By Kim Riley  |   October 31, 2024   |   Companies

EQT Corp., one of the largest producers of natural gas in the United States with operations in Pennsylvania, West Virginia, and Ohio, signed an agreement with Norway’s Equinor, which will acquire ad...

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Port of Philadelphia awarded $79.7M federal grant

By Melina Druga  |   October 31, 2024   |   Investment

The U.S. Environmental Protection Agency (EPA) recently awarded the Port of Philadelphia (PhilaPort) a $79.7 million Clean Ports Program grant. The program funds zero-emission port equipment and in...

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Leigh Valley organization hosting STEM event

By Melina Druga  |   October 30, 2024   |   Local

Allentown-based Women in Science Demonstrating Outstanding Merits (WISDOM), a national nonprofit organization providing opportunities, resources, and support to female STEM students and graduates, wil...

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Penflex receives Alberta Boilers Safety Association approval for metal hose assemblies

By Melina Druga  |   October 30, 2024   |   Companies

The Alberta Boilers Safety Association (ABSA) recently approved Gilbertsville-based Penflex Corporation’s made-to-stock metal hose assemblies for a Canadian Registration Number (CRN). In Canada, ...

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New manufacturing factory, facility upgrades planned for western Pennsylvania with $86M investment

By Kim Riley  |   October 30, 2024   |   Companies

Western Pennsylvania is poised to reap the benefits of an $86 million investment being made by Mitsubishi Electric Power Products Inc. (MEPPI). MEPPI plans to construct a new 160,000-square-feet ad...

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Folkland Foods receives $3M reimbursement grant

By Melina Druga  |   October 29, 2024   |   Companies

The Redevelopment Assistance Capital Program (RACP), a reimbursement grant program administered by the Office of the Budget, recently awarded Waterford-based Folkland Foods a $3 million development gr...

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PeopleOne Health secures $32M+ in new capital to support strategic expansion

By Kim Riley  |   October 29, 2024   |   Companies

PeopleOne Health Inc., a value-based primary care provider located across Pennsylvania, said Oct. 24 the company secured up to $32.3 million in Series B funding. The new capital, led by Google Vent...

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First Carolina Bank to acquire BM Technologies

By Melina Druga  |   October 29, 2024   |   Companies

North Carolina-based First Carolina Bank recently entered into a definitive agreement to purchase Radnor-based BM Technologies (BMTX), a banking platform, for an equity value of approximately $67 mill...

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Pennsylvania to receive more than $244M in Abandoned Mine Land funds

By Melina Druga  |   October 28, 2024   |   Federal

The Department of the Interior and the Office of Surface Mining Reclamation and Enforcement recently awarded Pennsylvania more than $244 million in Abandoned Mine Land (AML) program funds. The progra...

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Credit: PA Gov. Shapiro's office

GSK, state support largest economic development project in Lancaster County’s history

By Kim Riley  |   October 28, 2024   |   Companies

GSK plc, a London-headquartered multinational pharmaceutical and biotechnology company, is investing up to $800 million in Pennsylvania to increase its R&D and manufacturing footprint at its exist...

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