Kitron receives $5M U.S. Army order
The U.S. Army and allied forces recently placed an order with Kitron, a Scandinavian electronics manufacturing services company, with an annual value of more than $5 million for custom electronics. ...
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American Water Charitable Foundation awards $75,000 in workforce grants
The American Water Charitable Foundation, American Water’s nonprofit organization that contributes to communities where the company and its employees live, work and operate, recently awarded three n...
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UGI Corporation names Michael Sharp president, CEO of AmeriGas Propane
UGI Corporation, in King of Prussia, Pa., announced Michael Sharp would take the helm of AmeriGas Propane effective Dec. 30. “I am pleased to welcome Michael to AmeriGas, and I look forward to o...
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Penns Woods Bancorp, Ohio bank holding company to merge
Ohio-based Northwest Bancshares, Inc., the bank holding company of Northwest Bank, and Williamsport-based Penns Woods Bancorp, the multibank holding company of Jersey Shore State Bank and Luzerne Bank...
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Rep. Deluzio visits SKA Robotics facility in Pittsburgh
U.S. Rep. Chris Deluzio (D-PA) visited Pittsburgh-based robotics engineering firm SKA Robotics’ Harmar facility earlier this month. Deluzio toured the facility and met with the engineering teams...
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Mastech Digital appoints Nirav Patel as next president, CEO
Pittsburgh–based Mastech Digital, a digital transformation services provider, recently appointed Nirav Patel as the company’s next president and CEO, effective Jan. 6. He also will be a member...
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Historically Disadvantaged Business Assistance Program accepting applications
The Department of Community and Economic Development (DCED) recently opened the application period for the Historically Disadvantaged Business Assistance Program. The program will fund the establis...
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Palvella Therapeutics closes on Pieris merger; completes nearly $80M private placement
Wayne, Pa.-headquartered Palvella Therapeutics Inc. said on Dec. 13 it completed its merger with Boston-based biotechnology company Pieris Pharmaceuticals Inc. The transaction was approved by Pieri...
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Pittsburgh’s FNB Financial Center certified LEED Gold
The new corporate headquarters for Pittsburgh-based FNB Corporation recently received LEED Gold certification, officials with the U.S. Green Building Council said. The majority of FNB’s Pittsbur...
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Dueling positions contradict effects of lifting pause on U.S. LNG exports
The American Petroleum Institute (API), the Marcellus Shale Coalition (MSC), and the U.S. Chamber of Commerce on Tuesday called on the Biden administration to lift its temporary pause on liquefied nat...
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Nimble Therapeutics acquired by AbbVie
Philadelphia company Nimble Therapeutics announced on Dec. 13 that it had been acquired by Chicago-based AbbVie. The proposed acquisition will add Nimble’s lead asset, an investigational oral pe...
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Sila Services purchases A-Comfort Service
King of Prussia-based Sila Services, a home services platform, recently purchased Pittsburgh-based A-Comfort Service. "Sila's dedication to continuous investment in the development of tradespeople ...
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PPR Capital hits $1B in assets under management
Private equity real estate investment firm PPR Capital Management reached two important milestones recently, surpassing $1 billion in assets under management (AUM) and $400 million in equity under man...
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First FDA-approved severe frostbite treatment now commercially available in United States
French-based SERB Pharmaceuticals, a global specialty pharmaceutical company with an office in West Conshohocken, recently announce its Aurlumyn Injection is now commercially available in the United S...
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NewEdge Capital Group exceeds 2024 recruiting target
NewEdge Capital Group, a wealth management firm, recently announced it exceeded its 2024 recruiting target of $9.5 billion in expected assets under management (AUM) before the end of the year. Thi...
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Dr. Jacqueline El-Sayed
Dr. Jacqueline El-Sayed appointed CEO of SAE International
SAE International, based in Warrendale, Pa., announced Dr. Jacqueline El-Sayed will take the helm as the company’s new CEO effective Jan. 6. El-Sayed will lead SAE International and its affilia...
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Carnegie Mellon, partners to bring artificial intelligence solutions to market
Carnegie Mellon University (CMU) in collaboration with Illinois-based Egen, an IT services and consulting company, and New Jersey-based UltronAI, a software development company, recently announced a s...
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Pennsylvania’s annual shale gas impact fee revenue expected to decline in 2024
The Pennsylvania Department of Environmental Protection (DEP) Dec. 9 released its latest estimates for the annual impact fee on unconventional natural gas wells, forecasting a decline in collections f...
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Coeptis Therapeutics Holdings launches new division to diversify, enhance growth potential
Wexford-based Coeptis Therapeutics Holdings, a biopharmaceutical company focused on cell therapy platforms for cancer, autoimmune, and infectious diseases, recently launched Coeptis Technologies, a di...
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DCED opens application period for Marketing to Attract Tourists Program
The Department of Community and Economic Development (DCED) recently opened the application period for the Marketing to Attract Tourists Program. The program will be awarding $6 million in grants....
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