For fiscal year 2022-23, Penn State’s total research expenditures reached $1.239 billion -- a record high and a 14 percent increase from the previous year. “This achievement is a testament to t...
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Philadelphia-based Aro Biotherapeutics announced Wednesday it had secured $41.5 million in a Series B funding round. The funding will support Aro’s pipeline of Centyrin-siRNA programs, including...
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Lehigh Valley-based Air Products, an industrial gas company, recently announced that its Air Products Membrane Solutions’ membrane-based nitrogen generation systems now can be found in 2,000 seagoin...
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A just-released report from the Pennsylvania Department of Environmental Protection (DEP) shows that gas drillers in the state saw a decrease in 2022 production for the first time since fracking got u...
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Pittsburgh-based PennEnergy Resources LLC announced this week that the company has received a top industry certification for substantially reducing methane emissions from its natural gas production. ...
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On Wednesday, Cranberry Township, Pa.-based Westinghouse announced it had acquired Tecnatom, based in Madrid, Spain, to provide critical services to the Spanish nuclear industry. The companies sai...
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Exton-based PA First Resource Bancorp recently promoted Kristen Fries to executive vice president and chief financial officer. Fries has been employed by First Resource Bank for the past nine years...
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The Marcellus Shale Coalition (MSC) recently bestowed state Sen. Gene Yaw (R- Bradford County) with the Shale Gas Advocate Award during the organization’s 2023 Annual Awards Ceremony at Nemacolin Wo...
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Pittsburgh-based System One, a technical outsourced services and work force solutions provider, recently purchased Virginia-based KeyLogic, a consulting and data management company, for an undisclosed...
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The U.S. House of Representatives recently passed a bipartisan bill that would help certain minority-owned small businesses better compete for federal contracts. The legislation applies to busine...
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On Tuesday, Pennsylvania Gov. Josh Shapiro announced Fitch Ratings had upgraded the state’s credit rating from “AA-“ to “AA.” The upgrades were a result of “recent use of revenue surplu...
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The Kraft Heinz Co. Board of Directors recently approved a share repurchase program that authorizes the company to repurchase up to $3 billion outstanding shares of common stock through Dec. 26, 2026....
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Pittsburgh-based CorePower Magnetics, Inc. will receive $20 million in federal funding aimed at strengthening clean energy supply chains and accelerating clean energy manufacturing in former coal comm...
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Berwyn-based Annovis Bio, a clinical-stage drug platform company, recently exceeded full enrollment for its lead compound buntanetap phase II/III study. The compound is used to treat patients wit...
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Pittsburgh-based Ansys’ technology has been integrated into technology approved by the U.S. Nuclear Regulatory Commission (NRC). NuScale Power, a nuclear technology company, used Ansys’ thermal...
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Philadelphia-based Vivodyne announced last week that it had closed on $38 million in seed funding to further its discovery pipeline and clinically predictive AI platform. The seed funding, led by ...
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Moody’s Investors Service and Fitch Ratings recently upgraded Westinghouse Electric Co.’s credit ratings, and S&P Global revised the company’s positive outlook. “We are pleased that the rat...
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The Commonwealth Financing Authority’s Pipeline Investment Program recently awarded a $1.2 million grant to Jackson Township and Peoples Natural Gas to provide natural gas service to the Jackson Tow...
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Maid-Rite Specialty Foods, Inc., a ready-to-heat meals manufacturer, plans to expand its Dunmore manufacturing operation. The first phase of the expansion project recently began construction and w...
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U.S. Reps. Glenn “GT” Thompson (R-PA) and Guy Reschenthaler (R-PA) joined U.S. Sens. Bob Casey (D-PA) and John Fetterman (D-PA) and other members of the Pennsylvania delegation to outline their co...
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