Citizens Financial Group, Inc. provided a $200,000 to the Pittsburgh Film Office to foster the growth and expansion of the film industry in Southwestern Pennsylvania. The grant, allocated directly...
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Radnor-based Triumph Group, a company serving the global aviation industry, and Honeywell Aerospace, a technology and manufacturing company, recently signed a long-term agreement across multiple Honey...
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The board of directors of Kennametal, a materials science, tooling and wear-resistant solutions company, recently voted to unanimously appoint William M. Lambert as chairman of the board, effective on...
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Philadelphia-based 1315 Capital, a private investment firm, recently closed on two funds. The first fund closes 1315 Capital III (Fund III) and exceeded the firm’s target of $350 million. The ...
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The Appalachian Regional Commission (ARC) recently awarded Pittsburgh-based Green Building Alliance $500,000 in Appalachian Regional Initiative for Stronger Economies (ARISE) program funding. The a...
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Four US-based industrial manufacturing companies in partnership with Lorraine Capital have combined to form Caldera Manufacturing Group, a metal manufacturing company, that will be headquartered in Re...
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In 2022, King of Prussia-based Clean Earth, a specialty waste company, increased the recycling of hazardous and nonhazardous waste by 53 percent, according to the company’s recently released 2022 En...
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Cranberry Township-based Westinghouse Electric Co. recently launched a new design and manufacturing facility near downtown Pittsburgh. The 87,000-square-foot, at least $18 million facility will be ...
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Allentown-based PPL Corporation announced Monday Pennsylvania native Christine Martin will take on the role of PPL Electric Utilities president. Since Sept. 1 , Martin, a 20-year veteran of PPL, h...
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The U.S. Department of Commerce’s Economic Development Administration (EDA) recently announced that the Greater Philadelphia Region Precision Medicine Tech Hub has been designated as a Tech Hub. ...
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The state’s Generative AI Governance Board and Penn State's Center for Applications of Artificial Intelligence and Machine Learning to Industry (AIMI) recently partnered to oversee the responsible, ...
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On Oct. 19, Allentown-based PPL Electric Utilities (PPL) announced it would be receiving nearly $50 million from the U.S. Department of Energy (DOE) for a grid modernization project. PPL said it w...
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Philadelphia-based PECO will receive up to $100 million in grant funding from the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships (GRIP) program to support investment into it...
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Pennsylvania Gov. Josh Shapiro joined local leaders in Philadelphia Tuesday to discuss the economic benefits and job creation aspect of the $750 million in federal investments for the Mid-Atlantic Cle...
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Pittston-based Penn’s Northeast, a collaborative public/private partnership promoting and advancing Northeastern Pennsylvania's economic potential, recently named Kelly O'Brien as its board chairwom...
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Hilco Redevelopment Partners (HRP), a real estate investment and redevelopment company, recently broke ground on the first phase of transforming an obsolete industrial site into a state-of-the-art inn...
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Plymouth Meeting-based pharmaceutical company Harmony Biosciences Holdings recently completed its purchase of Zynerba Pharmaceuticals, a pharmaceutical company producing transdermal cannabinoid therap...
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The Pennsylvania Department of Transportation (PennDOT) announced Thursday that it would be accepting unsolicited public-private partnership proposals for transportation projects through Nov. 10. ...
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M&T Bank recently invested $250,000 in the Center for Innovation and Entrepreneurship (CIE) at Harrisburg University of Science and Technology. The center offers opportunities for partners to inves...
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Cranberry Township-based Westinghouse Electric Company will develop and design the nuclear fuel for Rolls-Royce’s Small Modular Reactor program, the companies said Wednesday. Westinghouse is a l...
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