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News

House committee hears testimony on energy production bill

By Liz Carey  |   June 5, 2024   |   Featured

The Pennsylvania House Consumer Protection, Technology and Utilities Committee heard testimony Monday in regard to legislation aimed at modernizing the Pennsylvania Energy Development Authority (PEDA)...

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Kymanox expands King of Prussia facility

By Melina Druga  |   June 5, 2024   |   Companies

North Carolina-based Kymanox, a professional services organization that supports comprehensive drug development, recently announced it is expanding its device design and testing facility in King of Pr...

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Belgian project achieves 40 percent reduction in overspray with PPG product

By Melina Druga  |   June 5, 2024   |   Companies

EDR Antwerp shipyard achieved a 40 percent reduction in overspray with the electrostatic application of Pittsburgh-based PPG’s Sigmaglide 2390 fouling release coating. It was applied on the unde...

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Concurrent Technologies awarded $7.2M contract modification

By Melina Druga  |   June 4, 2024   |   Companies

The Deputy Assistant Secretary of the Air Force for Environment, Safety, and Infrastructure (SAF/IEE) recently awarded Johnstown-based Concurrent Technologies Corp. (CTC), an independent, nonprofit, a...

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Penn State U partners with Taiwan university on semiconductor research, education

By Liz Carey  |   June 4, 2024   |   Featured

On Friday, Penn State University announced it would be partnering with the National Sun Yat-Sen University (NSYSU) in Taiwan to focus on the development of semiconductor education and research. Th...

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Himalaya Technologies to purchase Mad Hatter Society

By Melina Druga  |   June 4, 2024   |   Companies

Pittsburgh-based Himalaya Technologies, a technology development company focused on projects enhanced by blockchain and artificial intelligence, recently signed an agreement to purchase Mad Hatter Soc...

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Conor Lamb

Energy Future PA names former congressman as co-chairman

By Melina Druga  |   June 3, 2024   |   News

Energy Future PA, a nonpartisan coalition focused on securing Pennsylvania’s leadership in a decarbonized energy economy, recently named former U.S. Rep. Conor Lamb (D-PA) to serve as co-chairman wi...

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U.S. Steel, Nippon Steel receive all non-U.S. regulatory approvals

By Liz Carey  |   June 3, 2024   |   Companies

On Thursday, Pittsburgh-based U.S. Steel Corp and Nippon Steel Corporation said they had received all of the non-U.S. regulatory approvals related to the proposed transaction between the two companies...

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State legislation would expand access to solar power

By Melina Druga  |   June 3, 2024   |   Investment

Legislation recently reintroduced in the state Senate would expand access to solar power through a local voluntary program. Senate Bill 1227 would create the PA Local Solar program. The program wou...

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Ansys expands Microsoft collaboration with Ansys Access for Azure

By Liz Carey  |   May 31, 2024   |   Companies

On Wednesday, Pittsburgh-based Ansys announced it had launched Ansys Access on Microsoft Azure to enable deployment of pre-configured Ansys products on the Azure cloud platform. Available as of Ma...

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Incenter names Sara Parrish as new COO

By Melina Druga  |   May 31, 2024   |   Companies

Fort Washington-based Incenter, a family of companies dedicated to improving the performance of lenders and depositories, recently named Sara Parrish to chief operating officer. Parrish is the pres...

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Penn State receives $4.4M investment for manufacturing programs

By Melina Druga  |   May 31, 2024   |   Featured

The Institute for Advanced Composites Manufacturing Innovation (IACMI) and the U.S. Department of Defense plan to invest $4.4 million in Penn State’s Behrend and University Park campuses. Fundi...

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Campbell’s to invest $72M in Hanover plant

By Liz Carey  |   May 30, 2024   |   Companies

On Tuesday, the Campbell Soup Company announced it will invest millions into its Hanover, Pa., plant as part of a larger investment to transform its supply chain, and improve effectiveness and efficie...

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F.N.B. Corp. unveils expansion plans for corporate headquarters

By Melina Druga  |   May 30, 2024   |   Companies

Pittsburgh-based F.N.B. Corp. (FNB), a diversified financial services company operating in seven states and the District of Columbia, recently unveiled plans for expanding its corporate headquarters, ...

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Legislation would raise Net Operating Loss limit

By Melina Druga  |   May 30, 2024   |   News

State Reps. Josh Kail (R-Beaver/Washington) and Kristin Marcell (R-Bucks County) recently issued a memo to all members of the House of Representatives seeking co-sponsors for legislation that would un...

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Pittsburgh’s transit board adopts FY25 budgets

By Liz Carey  |   May 29, 2024   |   Featured

On Thursday, the Pittsburgh Regional Transit’s (PRT) Board adopted its Fiscal Year 2025 operating and capital budgets. Totaling more than $539 million, the operating budget represents less than ...

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PNC Bank adds nine members to Community Advisory Council

By Melina Druga  |   May 29, 2024   |   Companies

PNC Bank recently added nine community development executives to its national Community Advisory Council (CAC). “Community Advisory Council members have been instrumental in the successful implem...

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Westinghouse releases 2023 Sustainability Report

By Melina Druga  |   May 29, 2024   |   Companies

Cranberry Township-based Westinghouse Electric Co., a nuclear and clean power technologies and services company, recently released its 2023 Sustainability Report. The report includes updates on the...

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ZeroEyes expands reach over past year

By Melina Druga  |   May 28, 2024   |   Companies

Conshohocken-based ZeroEyes, developers of an artificial intelligence gun detection video analytics platform, recently announced it more than doubled its footprint in Pennsylvania over the last year. ...

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Ansys stockholders approve acquisition

By Melina Druga  |   May 28, 2024   |   Companies

Stockholders of Pittsburgh-based Ansys, a simulation software company, recently voted to approve Synopsys’ purchase of the company. Approximately 98.7 percent of votes were in favor of the transa...

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