QNB Corp. to trade on OTCQX Best Market
Quakertown-based QNB Corp., the parent company of QNB Bank, recently announced it qualified to trade on the OTCQX Best Market. The company trades under the symbol QNBC. “As we approach our 150-ye...
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Canadian company to supply Westinghouse with components
Cranberry Township-based Westinghouse Electric Co., a nuclear and clean power technologies company, and Ontario-based Shawflex, a custom-engineered wire and cable systems provider, recently signed a m...
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Mitsubishi breaks ground on $86M project in Beaver County
Mitsubishi Electric Power Products Inc. (MEPPI) broke ground March 19 on its $86-million expansion and new facility in Beaver County, Pa., that will create at least 200 new jobs and retain 806 employe...
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Keystone receives $42M in financing
West Conshohocken-based Keystone, a vertically integrated commercial real estate development and investment company, recently secured $42 million in financing from Arbor Realty Trust for a 149-unit lu...
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Ecovyst to purchase sulfuric acid production assets
Malvern-based Ecovyst, a provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services, recently announced it has reached an agreement to acquire Co...
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Wabtec purchases Swedish train connection systems company
Pittsburgh-based Wabtec Corporation, a equipment, systems, digital solutions and value-added services provider for the freight and transit rail industries, recently announced it has entered into an ag...
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Duquesne Light promotes Labriola, Fisfis to executive leadership roles
Duquesne Light Company (DLC) has promoted two executives to its executive leadership team. The company promoted Elisa Labriola, current chief compliance officer, to vice president and general couns...
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Alex Wellen
QVC Group names new president and chief growth officer
West Chester-based QVC Group, a Fortune 500 company with six retail brands and minority interests, recently named Alex Wellen as president and chief growth officer, effective immediately. "Alex is ...
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Minitab purchases Florida software solutions company
State College-based Minitab, a data analysis, predictive analytics, and continuous process improvement provider, recently purchased Florida-based Prolink Software, a software solutions company. “...
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Philadelphia Fed appoints three to Community Depository Institutions Advisory Council
The Federal Reserve Bank of Philadelphia appointed three new members to its Community Depository Institutions Advisory Council. The new appointees include Kelly Botti, president and CEO of TruMark ...
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LS Power plans 700 MW of new generation supply in PJM territory
LS Power, a development, investment, and operating company focused on power generation, electric transmission, and energy infrastructure, recently applied to construct roughly 700 megawatts (MW) of ne...
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Artificial Intelligence Opportunity Task Force appoints Rep. Scialabba chairwoman
The Pennsylvania Artificial Intelligence (AI) Opportunity Task Force recently named state Rep. Stephenie Scialabba (R-Butler) as chairwoman. The task force identifies opportunities for AI across v...
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Pennsylvania American Water invested more than $675M in improvements in 2024
In 2024, Pennsylvania American Water invested more than $675 million in statewide system improvements. Upgrades and improvements included pipes, treatment plants, fire hydrants, pump stations, tan...
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U.S. Rep. Meuser sponsors bill to help small businesses
U.S. Rep Dan Meuser (R-PA), along with Rep. Hillary Scholten (D-MI), introduced a bill in Congress that seeks to help small businesses in rural or low-income areas. The bill, the Investing in All o...
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Researchers propose reusing depleted oil and gas wells for energy system
Penn State researchers have discovered a proposed geothermal-assisted compressed-air energy storage system (CAES) that uses depleted oil and gas wells can improve efficiency by 9.5 percent when compar...
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Texas company purchases Pittsburgh’s Pearl Street Technologies
Texas-based Enverus, an energy-dedicated SaaS company, recently purchased Pittsburgh-based Pearl Street Technologies, an automation solutions company. The purchase strengthens Enverus’ suite of s...
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Endo, Mallinckrodt to combine in $6.7B deal creating global pharmaceuticals leader
Malvern-based Endo, a diversified pharmaceutical company, and Ireland-based Mallinckrodt plc, a specialty pharmaceutical products and therapies developer, manufacturer, marketer, and distributor, rece...
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Coeptis licenses rights to gene therapy platform
Wexford–based Coeptis, a biopharmaceutical and technology company, recently signed an exclusive licensing agreement with VyGen-Bio, a global biopharmaceutical company, for the worldwide development ...
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Stacy Taffet
Hershey announces Stacy Taffet as new chief growth officer
The Hershey Company, based in Hershey, Pa., announced its new Chief Growth Officer would be Stacy Taffet effective April 14. Taffet will be responsible for driving transformative growth strategies...
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Carmell Corporation changes name to Longevity Health Holdings
Pittsburgh-based Carmell Corporation, a bio-aesthetics company, recently changed its name to Longevity Health Holdings. The company’s common stock and redeemable warrants began trading under the...
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