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Pittsburgh’s tech sector sees massive venture capital investment deals during 2024

By Kim Riley  |   March 24, 2025   |   Featured

The technology sector in Pittsburgh experienced a record number of venture capital deals in 2024 demonstrating that the city’s tech economy remains resilient through waves of macroeconomic challenge...

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Keystone receives $42M in financing

By Melina Druga  |   March 21, 2025   |   Investment

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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LS Power plans 700 MW of new generation supply in PJM territory

By Kim Riley  |   March 18, 2025   |   Companies

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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Limerick-based The Victory Bank to open second branch in Horsham

By Melina Druga  |   March 6, 2025   |   Companies

Limerick-based The Victory Bank, a Pennsylvania state-chartered commercial bank, recently announced a second retail branch in Horsham will open on April 1. “At The Victory Bank, we do things diff...

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Nearly half of rural hospitals operating at a loss

By Melina Druga  |   February 25, 2025   |   Local

Nearly half (48 percent) of general acute care hospitals located in rural counties operated at a loss during fiscal year 2023, according to a recently report by the Harrisburg-based Pennsylvania Healt...

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Constellation Energy ahead of schedule on Three Mile Island restart

By Kim Riley  |   February 24, 2025   |   Companies

Constellation Energy Corp. is ahead of schedule in several key areas regarding the launch of the Crane Clean Energy Center (CCEC), which will restore service to Three Mile Island's Unit 1 nuclear reac...

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FNB Financial Center in Pittsburgh’s Hill District.

FNB opens building in Pittsburgh’s Lower Hill District

By Melina Druga  |   February 20, 2025   |   Companies

Pittsburgh-based F.N.B. Corporation, a diversified financial services company operating in seven states and the District of Columbia, held a ceremonial ribbon-cutting on Tuesday to celebrate the openi...

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Philadelphia launches Small Business Catalyst Fund

By Melina Druga  |   February 7, 2025   |   Investment

The Philadelphia Department of Commerce recently launched the $5 million Philadelphia Small Business Catalyst Fund to help high-potential small businesses and entrepreneurs. The fund will foster c...

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SIMONA AMERICA Group expanding Archbald facility

By Melina Druga  |   February 3, 2025   |   Companies

SIMONA AMERICA Group, a thermoplastic products manufacturer and supplier, plans to invest $23 million to expand its Archbald facility. The facility, SIMONA AMERICA Industries, will be expanded by m...

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A. Duie Pyle opens Erie facility

By Melina Druga  |   January 21, 2025   |   Companies

West Chester-based A. Duie Pyle, a asset and non-asset-based supply chain solutions provider, recently opened a new facility in Erie. The facility includes 16 less than truckload (LTL) service cent...

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TECfusions Keystone Connect in New Kensington, Pa.

TECfusions acquires land for data center project in Upper Burrell

By Liz Carey  |   January 15, 2025   |   Companies

Sustainable data solutions company TECfusions announced it had purchased nearly 1,500-swuare-feet of land in Upper Burrell, Pa., for a data center project. The project, known as TECfusions Keyston...

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INOVIO highlights 2024 accomplishments, 2025 goals

By Melina Druga  |   January 13, 2025   |   Companies

Plymouth Meeting-based INOVIO, a biotechnology company focused on developing and commercializing DNA medicines for HPV-related diseases, cancer, and infectious diseases, recently released its 2024 key...

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Merger forming new Pa.-based coal producer valued at $5B+ moves forward

By Kim Riley  |   January 13, 2025   |   Companies

Stockholders for both Arch Resources Inc. and CONSOL Energy Inc. have voted to approve all proposals related to the companies’ pending merger, which will form a single coal producer based in Pennsyl...

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Pittsburgh-based System One purchases Maryland tech company

By Melina Druga  |   January 10, 2025   |   Companies

Pittsburgh-based System One, a outsourced services and work force solutions provider, recently purchased Maryland-based Tech USA Companies for an undisclosed amount. The purchase includes Tech USA...

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Covestro plans to expand Ohio site

By Melina Druga  |   January 10, 2025   |   Companies

Covestro, a German-based polymer materials and components manufacturer with its North American headquarters in Pittsburgh, plans to expand its site in Hebron, Ohio. Construction is scheduled to beg...

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Philadelphia’s credit rating upgraded by Standard & Poor

By Liz Carey  |   January 10, 2025   |   Featured

Standard & Poor upgraded Philadelphia’s credit rating to A+ on Wednesday, the highest rating for the city in decades, officials said. The new rating, with a long-term Stable outlook, is the seco...

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C3 Complete expands services to Pittsburgh

By Melina Druga  |   January 9, 2025   |   Companies

Florida-based C3 Complete, a technology consultancy, recently announced it has expanded its network and technology, telecom, and information security services portfolio to the Greater Pittsburgh area....

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Grand View Health joins St. Luke’s University Health Network

By Melina Druga  |   January 8, 2025   |   Companies

Sellersville-based Grand View Health, a nonprofit, community-based health system of more than 2,000 employees caring for residents of Bucks and Montgomery counties, and Bethlehem-based St. Luke’s Un...

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A. Duie Pyle opens Camp Hill location

By Melina Druga  |   January 8, 2025   |   Companies

West Chester-based A. Duie Pyle (Pyle), a asset and non-asset-based supply chain solutions provider, recently opened a new facility in Camp Hill. It is the company’s 31st facility and will exten...

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Pre-apprenticeship, apprenticeship programs awarded $1.5M in grants

By Melina Druga  |   January 7, 2025   |   Investment

The Pennsylvania Department of Labor & Industry (L&I) recently awarded registered pre- apprenticeship and apprenticeship programs in the building and construction trades more than $1.5 million in gran...

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