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Home » News » Page 4

News

Legislation would strengthen life sciences innovation in Pennsylvania

By Melina Druga  |   June 12, 2026   |   Investment

Two bills recently advanced by the state Senate Institutional Sustainability and Innovation Committee would strengthen Pennsylvania’s position in research, development and life sciences innovation. ...

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Pennsylvania will see nearly 50 percent higher impact fees, agency says

By Liz Carey  |   June 12, 2026   |   Featured

Projections from the Independent Fiscal Office indicate that Pennsylvania’s annual revenue from the impact fee on natural gas drilling will be nearly 50 percent higher this year. With the averag...

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PPG hosts analyst event for aerospace business

By Melina Druga  |   June 12, 2026   |   Companies

Pittsburgh-based PPG, a paints, coatings and specialty products manufacturer, recently hosted an event for the analyst community, showcasing how innovation is fueling growth in the company’s aerospa...

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GSK agrees to acquire Nuvalent, Inc.

By Liz Carey  |   June 11, 2026   |   Companies

GSK plc, the global biopharma company with a major hub in Philadelphia, announced it has agreed to acquire Boston-based clinical-stage biopharmaceutical company, Nuvalent, Inc. Nuvalent is focused ...

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Harley-Davidson returning production back to Pennsylvania

By Melina Druga  |   June 11, 2026   |   Companies

Wisconsin-based Harley-Davidson, a motorcycle manufacturer, recently announced it is bringing production of the Revolution Max platform for North America back to the United States. Machining, powertra...

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Constellation Energy invests $90M in Montgomery County facility

By Melina Druga  |   June 11, 2026   |   Companies

The facility includes two boiling water reactors capable of delivering 2,317 megawatts of emissions-free energy. During the outage, 1,400 electricians, pipefitters, welders, carpenters, laborers, st...

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Urban Outfitters expanding in two locations

By Melina Druga  |   June 10, 2026   |   Companies

Philadelphia-based Urban Outfitters (URBN), a portfolio of lifestyle brands, will invest at least $150 million to expand operations in Philadelphia and Bucks County. It also plans to build a new facil...

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Truist Financial names Lindsey Stampone as regional president for Pennsylvania, New Jersey

By Melina Druga  |   June 10, 2026   |   Companies

North Carolina-based Truist Financial Corp., a commercial bank with assets totaling $549 billion, announced that Lindsey Stampone recently was named regional president for Pennsylvania and New Jersey....

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Pittsburgh-based Wesco International to acquire Newark Engineering Group

By Liz Carey  |   June 10, 2026   |   Companies

Pittsburgh-based Wesco International, a logistics services and supply chain solutions firm, announced it has entered into an agreement to acquire Singapore-based Newark Engineering. Newark Enginee...

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Federal legislation would create exchange program for manufacturing

By Melina Druga  |   June 9, 2026   |   Featured

Bipartisan legislation recently introduced in the U.S. House of Representatives would send eligible Americans working in manufacturing fields abroad for hands-on manufacturing training and certificati...

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Wealth management firm Pathstone expands in Philadelphia

By Liz Carey  |   June 9, 2026   |   Companies

Multi-generational wealth management and family office firm Pathstone said it has expanded its Philadelphia presence through a merger with Conshohocken, PA firm, Mill Creek Capital Advisors, LLC. ...

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West Pharmaceutical Services appoints Michel Lagarde as next president, CEO

By Melina Druga  |   June 9, 2026   |   Companies

Exton-based West Pharmaceutical Services, an injectable drug solutions company, recently appointed Michel Lagarde to serve as president and CEO, effective Aug. 31, and as a board of directors member. ...

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Mon Valley Makeover: U. S. Steel sees jobs, growth in Pennsylvania

By Kim Riley  |   June 8, 2026   |   Companies

With a planned investment of up to $2.5 billion in Mon Valley Works, U. S. Steel projects $1.7 billion in total economic impact for Pennsylvania and more than 6,300 jobs over three years, according to...

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While governor pushes for lower rates, regulators approve increase for PPL Electric

By Kim Riley  |   June 8, 2026   |   Featured

The Pennsylvania Public Utility Commission (PUC) on June 4 approved a settlement authorizing an increase of $275 million in annual base distribution revenues for PPL Electric Utilities that will resul...

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Bill introduced in Senate to establish national commission on robotics

By Liz Carey  |   June 8, 2026   |   Federal

U.S. Sens. Dave McCormick (R-PA), John Hickenlooper (D-CO), Todd Young (R-IN), and Martin Heinrich (D-NM) introduced legislation recently to create an independent commission on robotics. The Natio...

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Allegheny County to invest in clean technology

By Melina Druga  |   June 8, 2026   |   Companies

Allegheny County has established a series of initiatives aimed at clean technology and advanced manufacturing. County Executive Sara Innamorato signed an executive order, Advancing Clean Technology...

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Orrstown Bank names Adam Metz as president, CEO

By Melina Druga  |   June 8, 2026   |   Companies

Harrisburg-based Orrstown Bank recently named Adam Metz president and CEO, effective June 2. “Adam is a proven and respected leader who understands our markets, our clients, and the importance o...

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SCHOTT Pharma opens additional production lines in Lebanon

By Melina Druga  |   June 5, 2026   |   Companies

SCHOTT Pharma, a specialty glass, glass-ceramics and other advanced materials company, opened additional production lines at its Lebanon facility for both standard and sterile ready-to-use (RTU) glass...

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Legislation would lower Mutual Thrift Institutions Tax

By Melina Druga  |   June 5, 2026   |   News

The Pennsylvania Senate Finance Committee recently advanced legislation that would reduce Pennsylvania’s Mutual Thrift Institutions Tax and align it with the ongoing Corporate Net Income Tax reduct...

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Bipartisan bill aims to update federal rules for ag, manufacturing bonds

By Kim Riley  |   June 5, 2026   |   Featured

U.S. Rep. Dwight Evans (D-PA-03) on June 2 proposed a bipartisan bill in Congress that aims to help small and medium manufacturers and farmers generate good-paying jobs by improving the federal rules ...

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