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Policy

Pennsylvania American Water to purchase Appalachian Utilities

By Melina Druga  |   October 2, 2023   |   Companies

Mechanicsburg-based Pennsylvania American Water, a subsidiary of American Water, recently reached an agreement to purchase Appalachian Utilities, a private, investor-owned system, for an undisclosed a...

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Philadelphia-based bank deal receives $35M investment, calls for reconstitution of board

By Dave Kovaleski  |   September 29, 2023   |   Companies

Republic First Bancorp, based in Philadelphia, reached an agreement with the Norcross Braca Group for a multi-million-dollar investment in the bank and changes to the board. Under the terms of the...

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Gov. Shapiro unveils process to create economic development strategy

By Liz Carey  |   September 28, 2023   |   Featured

Pennsylvania Gov. Josh Shapiro kicked off the process of developing a comprehensive economic development strategy for the state, the first in two decades, his office said on Tuesday. During a visi...

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Cecilian Partners secures $11M in Series A Funding

By Liz Carey  |   September 25, 2023   |   Companies

New Hope, Pa.-based Cecilian Partners, a proptech firm providing digital solutions for home builders and land developers, announced Wednesday, it had raised $11 million in its first institutional equi...

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Executive order establishes standards for artificial intelligence use among state agencies

By Melina Druga  |   September 22, 2023   |   News

Gov. Josh Shapiro recently signed an executive order establishing responsible standards and a governance framework for state agencies using generative artificial intelligence (AI). “We can’t ig...

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Rendering of Bristol PHL Cool Port

Bristol Group to build cargo facility Philadelphia International Airport

By Melina Druga  |   September 22, 2023   |   Companies

Bristol Group, a privately-owned real estate investment and development firm, plans to build a approximately 261,000-square-foot climate-controlled cargo facility at Philadelphia International Airport...

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Hearing examines available technical, vocational education services

By Melina Druga  |   September 21, 2023   |   Investment

The House Republican Policy Committee recently held a hearing in Hawley to discuss available technical and vocational education services. The hearing also discussed how to develop existing services...

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Mural Health raises $8M to expand clinical trial modernization platform

By Liz Carey  |   September 21, 2023   |   Companies

On Tuesday, Berwyn, Pa.-based Mural Health Technologies, Inc. announced it had raised $8 million in seed funding to accelerate the growth of its Mural Link platform to modernize the clinical trial exp...

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Pratt Industries investing $500M in Carlisle corrugated packaging facility

By Melina Druga  |   September 20, 2023   |   Companies

Pratt Industries, a corrugated packaging company, recently announced that it will invest $500 million in its Carlisle facility. The project is expected to create hundreds of jobs over the next 10...

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International Paper opens Atglen plant

By Melina Druga  |   September 19, 2023   |   Companies

International Paper, a Tennessee-based packaging, pulp and other fiber-based products producer, recently opened a $100 million corrugated packaging facility in Atglen. The facility will produce cor...

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PennDOT awards bid for Central Susquehanna Valley Transportation Project

By Melina Druga  |   September 19, 2023   |   Investment

The Pennsylvania Department of Transportation (PennDOT) recently reviewed bids for the second construction contract of the Southern Section of the Central Susquehanna Valley Transportation Project (CS...

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EPA proposal could damage economy, groups warn

By Liz Carey  |   September 15, 2023   |   Featured

A proposal by the Environmental Protection Agency (EPA) to change National Ambient Air Quality Standards (NAAQS) for particulate matter (PM) could impact the economy, a group of nearly 90 trade groups...

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Pennsylvania Coal Alliance recognizes companies for safety, reclamation

By Liz Carey  |   September 14, 2023   |   Companies

On Tuesday, the Pennsylvania Coal Alliance (PCA) announced the winners of its annual awards recognizing employee safety and mine reclamation efforts. The Harrisburg-based agency said the Keystone M...

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House hearing discusses work force development, need for Community Development Financial Institutions

By Melina Druga  |   September 14, 2023   |   Investment

The House Majority Policy Committee recently held a hearing to discuss how to support work force development in certain communities and the need for Community Development Financial Institutions. Te...

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Enservco Corporation acquires Washington, PA-based Rapid Hot

By Liz Carey  |   September 13, 2023   |   Companies

Longmont, Col.-based Enservco Corporation announced Monday it had acquired all of the assets for oilfield services provider Rapid Hot, based in Washington, Pa. Enservco, a national provider of spe...

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Penn State names Wabtec 2023 Corporate Partner of the Year

By Melina Druga  |   September 13, 2023   |   Companies

Penn State recently named Wabtec Corp., a Pittsburgh-based provider of equipment, systems, digital solutions and value-added services for the freight and transit rail sectors, as its 2023 Corporate Pa...

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Kennametal announces growth targets at New York Stock Exchange

By Melina Druga  |   September 12, 2023   |   Companies

Pittsburgh-based Kennametal, a materials science, tooling and wear-resistant solutions provider, recently held Investor Day at the New York Stock Exchange and announced its growth and innovation strat...

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Pennsylvania’s credit rating outlook upgraded, according to Moody’s

By Liz Carey  |   September 12, 2023   |   Featured

Pennsylvania Gov. josh Shapiro announced Friday that the state’s credit rating outlook was upgraded to “positive” by Moody’s. The credit rating agency said the state’s economy and budget...

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Stack AV launches autonomous trucking business

By Melina Druga  |   September 11, 2023   |   Companies

Pittsburgh-based Stack AV, a company developing and building autonomous trucking solutions, recently launched its autonomous trucking business. “We could not be more thrilled to unveil our autono...

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Brandywine Realty Trust leasing space in Schuylkill Yards

By Melina Druga  |   September 11, 2023   |   Companies

Brandywine Realty Trust, a full-service, integrated real estate company, recently signed a 12.5-year lease for 31,500-square-feet of space in Schuylkill Yards in Philadelphia. Schuylkill Yards is a...

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