Ansys stockholders approve acquisition
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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U. S. Steel celebrates opening of Minnesota Pellet production facility
On Thursday, U. S. Steel announced the launch and operational readiness of a direct reduced (DR)-grade pellet production facility at its Minnesota Ore Operations-Keetac Plant. The company said the...
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Rep. Kelly lauds success of Erie’s Opportunity Zone
On Monday, U.S. Rep. Mike Kelly (R-PA) held a field hearing in Erie, Pa., to show the impact Opportunity Zone legislation had on the city. The hearing, part of a year-long effort by U.S. House Way...
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Volvo showcases vehicle featuring technology from Aurora Innovation
Volvo Autonomous Solutions recently unveiled an autonomous truck at the ACT Expo in Las Vegas that features autonomous driving technology developed by Pittsburgh-based Aurora Innovation. The truck ...
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The Wistar Institute receives $649,971 grant to support expansion of Biomedical Technician Training program
The National Science Foundation recently awarded Philadelphia-based The Wistar Institute, an independent nonprofit institution devoted exclusively to foundational biomedical research and training, wit...
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Aqua Pennsylvania receives $6.7M in state funding for PFAS treatment facility
The Pennsylvania Infrastructure Investment Authority recently awarded Bryn Mawr-based Aqua Pennsylvania with a $6.7 million grant to build a PFAS treatment facility at the Edgely Water Treatment facil...
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Ben Franklin Technology Partners clients generated nearly $3B in revenue, report finds
According to a new report, clients of Ben Franklin Technology Partners generated $2.8 billion in revenue and secured $1.2 billion in post-Ben Franklin financing last year. The report, “2023 Annu...
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PPG to invest $300M in advanced manufacturing
Pittsburgh-based PPG recently announced plans to invest $300 million in advanced manufacturing throughout North America. The investment will support an increased demand for paints and coatings in t...
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State Department of General Services launches Mentor-Protégé Program
The Department of General Services (DGS) recently launched the Mentor-Protégé Program (MPP), a program that will help small businesses, small diverse businesses, and veteran business enterprises com...
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Penske Transportation Solutions, ForeFront Power launch EV infrastructure company
Penske Transportation Solutions and California-based ForeFront Power, a developer of commercial and industrial-scale solar energy and battery storage projects, recently launched Penske Energy, a joint...
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Report finds increased use of natural gas results in health benefits for Pennsylvanians
According to analysis by the Marcellus Shale Coalition, the increased use of natural gas in power generation has resulted in more than $500 billion in public health benefits for Pennsylvania residents...
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Walmart opens high tech fulfillment center in Greencastle
Walmart recently celebrated the grand opening of a 1.5 million-square-foot fulfillment center in Greencastle. “Walmart is paving the way for good jobs and great careers in the south-central Penn...
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Sysco Allentown fulfillment center opens
Sysco Corp., a foodservice distribution company, recently opened Sysco Allentown, a 454,000-square-foot distribution center in Northampton. The facility features a culinary center for local custom...
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PUC approves Frontier Commonwealth Settlement
The Pennsylvania Public Utility Commission (PUC) has given its final approval to a settlement addressing service issues with Frontier Commonwealth, lawmakers said last week. The settlement was in r...
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Equus Capital Partners makes changes to several leadership positions
Philadelphia area-based Equus Capital Partners, a national real estate investment manager and developer, recently announced it has made several senior leadership changes as part of a multi-year succes...
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WATT Fuel Cell’s manufacturing plant to expand capacity and capabilities
Mount Pleasant, Pa.-based WATT Fuel Cell announced Thursday that it would expand its U.S. advanced manufacturing plant and headquarters’ footprint. The expansion, officials said, would enable th...
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Texas firm purchases GA Investment Management
Texas-based Avantax, a tax-focused financial planning and wealth management firm, recently acquired Pennsylvania-based GA Investment Management, a wealth management firm. GA has offices in Pittsbur...
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U. S. Steel issues diversity, equity, and inclusion report
Pittsburgh-based United States Steel Corp. (U. S. Steel) recently released its third diversity, equity, and inclusion (DE&I) report. The report highlights DE&I milestones the company achieved over ...
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Rodale Institute receives $350,000 grant from Pennsylvania Department of Labor & Industry
The Pennsylvania Department of Labor & Industry (L&I) recently awarded Berks County-based Rodale Institute, an agricultural research and education nonprofit organization, with a $350,000 grant for the...
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EAM-Mosca holds Hazle Township campus grand opening
On Wednesday, Hazle Township, Pa.-based EAM-Mosca Corp. recently held the grand opening of its newly renovated building, part of the two-building campus. The new building is close to I-81 and adja...
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