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Home » News » Page 8

News

Advanced Cooling Technologies expanding Lancaster facility

By Melina Druga  |   May 21, 2026   |   Companies

Advanced Cooling Technologies (ACT), a thermal management solutions provider, recently announced a planned 50,000-square-foot expansion of its Lancaster manufacturing facility. The expansion will s...

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AIRCO establishes modular fuel production system at new Pennsylvania facility

By Liz Carey  |   May 20, 2026   |   Companies

AIRCO (formerly Air Company), an industrial technology company for energy security and global resiliency, announced it would establish a new manufacturing and integration facility in New Britain, Pa.,...

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PNC Bank names head of product, digital, and growth

By Melina Druga  |   May 20, 2026   |   Companies

Pittsburgh-based PNC Bank, one of the largest diversified financial services institutions in the United States, recently named Tim Ferriter as head of product, digital, and growth within its retail ba...

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Krystal Biotech granted marketing authorization in UK for wound healing drug

By Melina Druga  |   May 20, 2026   |   Companies

The United Kingdom Medicines and Healthcare products Regulatory Agency (MHRA) granted marketing authorization on Friday to Pittsburgh-based Krystal Biotech, a biotechnology company focused on genetic ...

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Critics warn Gov. Shapiro’s $15 minimum wage plan could cost jobs

By Kim Riley  |   May 19, 2026   |   Featured

Pennsylvania Gov. Josh Shapiro’s proposal to raise the state’s minimum wage to $15 an hour could eliminate jobs, increase consumer prices, and hurt small businesses, according to the Commonwealth ...

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Vanguard expands model portfolio offerings

By Melina Druga  |   May 19, 2026   |   Companies

Valley Forge-based Vanguard, an investment management company, recently expanded the firm's line of model portfolios for financial advisers. The company’s Dynamic Active-Passive Model Portfolio s...

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Bill introduced to give American energy producers safeguards against Anti-LNG policies

By Liz Carey  |   May 19, 2026   |   Featured

U.S. Sen. John Fetterman (D-PA) introduced legislation that would protect American energy producers and ensure political parties stifle production and export of liquified natural gas (LNG). The bi...

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Automated Financial Systems updates AI in pricing dashboard

By Melina Druga  |   May 19, 2026   |   Companies

Exton-based Automated Financial Systems (AFS), a commercial lending solutions provider, recently conducted the latest artificial intelligence‑enabled update to its Pricing Dashboard. The dashboard h...

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Vylor to spend $7M on new global corporate center in Pennsylvania

By Liz Carey  |   May 18, 2026   |   Companies

Pennsylvania Gov. Josh Shapiro announced biotech company Vylor, a company spun off global agriculture technology leader Corteva, would invest $7 million to open its Global Corporate Business Center in...

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Moyer’s Services Group, Texas company partner to increase performance and profitability

By Melina Druga  |   May 18, 2026   |   Companies

Souderton-based Moyer's Services Group, a full-service restoration company, and Texas-based Rewind Restoration Partners, a company that helps independent restoration companies increase performance and...

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Legislation would provide farms with emergency funding

By Melina Druga  |   May 18, 2026   |   News

Legislation recently introduced in the state House of Representatives would source short-term funding for farmers in agricultural emergencies. House Bill 2521 would permit the Agricultural Busine...

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Quaker Houghton board of directors elects Mark Douglas as chairman

By Melina Druga  |   May 15, 2026   |   Companies

The board of directors of Conshohocken-based Quaker Houghton, an industrial process fluids company, recently elected Mark Douglas to serve as chairman of the board, effective immediately. He is an ind...

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Pittsburgh company introduces glass furnace refractory solution

By Liz Carey  |   May 15, 2026   |   Companies

Pittsburgh-based HarbisonWalker International (HWI), a member of Calderys, announced its launch of a new refractory solution, the AZTECH-S. A successor to its VISTA product, the AZTECH-S product i...

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QNB Bank names Chris Cattie as next president

By Melina Druga  |   May 15, 2026   |   Companies

Quakertown-based QNB Corp., the holding company for QNB Bank, recently named Chris Cattie as the next QNB Bank president. The selection followed a comprehensive executive search process and is part of...

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Alternative asset manager purchases majority stake in Noble Environmental

By Melina Druga  |   May 14, 2026   |   Companies

New York-based Apollo, an alternative asset manager, recently announced that Apollo-managed funds have purchased a majority stake in Pittsburgh-based Noble Environmental, a vertically integrated waste...

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Nippon Steel makes transition to direct ownership in U.S. Steel Košice

By Liz Carey  |   May 14, 2026   |   Companies

Nippon Steel Corporation announced that it will take direct ownership of U.S. Steel Košice, s.r.o. (USSK), a Slovakia-based steelmaker that has operated as a wholly owned subsidiary of Pittsburgh-bas...

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NexTier Bank, Ohio bank to merge

By Melina Druga  |   May 14, 2026   |   Companies

Butler-based NexTier, the holding company of NexTier Bank, has entered into a definitive agreement to acquire Ohio-based Riverside Bank of Dublin. Under the agreement, Riverside will be merged with...

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Alcoa investing $65M in Mosjøen smelter

By Melina Druga  |   May 13, 2026   |   Companies

Pittsburgh-based Alcoa Corp., a bauxite, alumina, and aluminum products company, recently announced it is investing $65 million to expand foundry production capabilities at its Mosjøen smelter in Nor...

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Pittsburgh-based Koppers appoints new CFO and Treasurer

By Liz Carey  |   May 13, 2026   |   Companies

Pittsburgh-based Koppers Holdings Inc., a global treated wood and wood treated chemicals company, announced that Eric Brenner has been appointed CFO and Treasurer effective May 26, 2026. Brenner w...

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Insurance company Chubb opens office tower in Philadelphia

By Melina Druga  |   May 13, 2026   |   Companies

Chubb, an insurance company, opened its new office tower in Philadelphia on Monday. The $380 million, 18-floor, 438,000-square-foot building began construction in February 2023 and is one of the la...

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