Pennsylvania Business Report
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Latest posts
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Tronix3D expanding Allegheny County operations
Pittsburgh-based Tronix3D, a 3D printing company, plans to invest nearly $4 million to expand its Allegheny County 3D printing and manufacturing operations. Expansion will more than triple its production space and will increase the company’s production capacity allowing it to…
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FDA approves respiratory papillomatosis drug developed by INOVIO
The Food and Drug Administration (FDA) recently granted accelerated approval for VOCERYQ, a DNA-based immunotherapy developed by Plymouth Meeting-based INOVIO. The drug reduces the frequency of surgery f in adults with recurrent respiratory papillomatosis, a debilitating disease…
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Philly Shipyard company wins U.S. Navy landing ship contract
Hanwha Defense USA, operating out of the Philadelphia Shipyard, has been selected by TOTE Services to build the U.S. Navy’s first Medium Landing Ship under a $269 million contract, with options for three additional vessels. The deal marks the first U.S. Navy warship construction…
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Glenmark Pharmaceuticals opens U.S. distribution center in Allentown
Glenmark Pharmaceuticals recently opened its U.S. distribution hub in downtown Allentown. The 160,000-square-foot facility, located on a 6.5-acre campus, is Glenmark’s largest American distribution center and the company’s sole U.S. distribution hub, officials said. With 45…
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L.B. Foster subsidiary purchases Texas wastewater company
CXT Inc., a wholly-owned subsidiary of Pittsburgh-based L.B. Foster Co., closed on Oct. 28 on its purchase of Texas-based Dulworth Enterprises’ operating assets for approximately $52.2 million in cash. Dulworth Enterprises is a residential wastewater precast products and Aeris…
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Neya Systems awarded $3.3M military contract
The National Advanced Mobility Consortium, a non-profit alliance to advance ground and robotics technologies for the U.S. military, recently awarded Pittsburgh-based Neya Systems, an off-road autonomy and mission orchestration software provider, a $3.3 million contract. The…
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Superior Huntingdon Composites increasing production at Huntingdon facility
Warrendale-based Superior Huntingdon Composites, a fiberglass continuous filament mat and veil products manufacturer, recently announced it will invest $4.4 million to reactivate a third production line at its Huntingdon Borough facility. The production line was idled in 2012.…
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Westinghouse begins study for Slovakia nuclear power plant
Cranberry Township-based Westinghouse Electric Co. has begun a front-end engineering and design (FEED) study for an advanced AP1000 modular reactor at Slovakia’s Jaslovské Bohunice Nuclear Power Plant. The six-month study is being conducted for Jadrová energetická spoločnosť…
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FirstEnergy subsidiary to evaluate new tech that will help Pennsylvania’s electricity grid work smarter
Officials with FirstEnergy Transmission said its subsidiary Keystone Appalachian Transmission Company (KATCo) will work to evaluate advanced technologies that could strengthen grid reliability in Pennsylvania. The company said KATCo is joining utilities, regulators and…
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EnerSys purchases New York battery company
Reading-based EnerSys, a stored energy solutions company, recently entered into a definitive agreement to acquire New York-based Ultralife, a provider of rechargeable and nonrechargeable batteries, battery systems, and related accessories for military communications and other…
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Virginia shipbuilding company buys majority stake in Hanwha Philly Shipyard
Virginia-based Hanwha Defense USA (HDUSA), an advanced land defense systems and modern shipbuilding programs company, recently purchased a controlling stake in Hanwha Philly Shipyard. Hanwha acquired the shipyard in December 2024 with Hanwha Systems holding a 60 percent stake…
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Pittsburgh gains office for enterprise readiness firm Air with 10-year, $450M tech expansion
Air, an enterprise readiness firm, said it will open a new office facility in Pittsburgh’s Strip District as part of its 10-year, $450 million tech expansion. The company has had a longtime presence in Pennsylvania, officials said, and this new 35,000-square-foot office facility…
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Innovative Aerosystems receives equipment contract
Germany-based Dornier Seawings, a composite amphibious aircraft manufacturer, recently selected Exton-based Innovative Aerosystems, an advanced avionics solutions company, to supply its Dornier Seastar aircraft with the Liberty Data Acquisition Unit (DAU). The dual-channel…
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Air Products names two group presidents
Allentown-based Air Products, an industrial gases company, recently appointed Kurt Lefevere and Francesco Maione to the role of group president, effective Nov. 1. Lefevere, the current president of Air Products Asia, was appointed Americas group president, and Maione, the…
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Penn State receives grant to lead regional manufacturing hub
Penn State University said it has won a $39.9 million federal grant to establish a center focused on advanced manufacturing in Pennsylvania. The university will lead a coalition to establish the DuBois Center for Innovation (DCI) Regional Manufacturing Hub. Designed to transform…
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‘The plant gate is not the boundary’: PMA study details KeyState Nitrogen project’s economic reach
A proposed $3.5 billion fertilizer and chemicals facility in Clearfield County could generate business opportunities for manufacturers across Pennsylvania, supporting jobs, suppliers, and economic activity well beyond the plant itself, according to a new economic impact study…
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Legislation would establish data center impact fee
Legislation soon to be introduced in the Pennsylvania state Senate would create a statewide data center impact fee. The bill would help ensure that communities hosting data centers have the resources necessary to accommodate responsible data center development while addressing…
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EQT to acquire Range Resources to create largest natural gas producer in United States
EQT Corporation, based in Canonsburg, is acquiring Range Resources in a transaction that will create what will be the nation’s largest natural gas company, valued at over $50 billion. The combined company will have more than 9 Bcfe/d of net production and more than 30 years of…
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Federal legislation would expand mass timber production
Bipartisan legislation recently introduced in the U.S. House of Representatives would provide targeted incentives to expand domestic production of mass timber. The goal is to lower housing construction costs, strengthen domestic manufacturing and create jobs in rural…
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Mitsubishi Electric celebrates factory opening in Western Pennsylvania
New Galilee, Pa.-based Mitsubishi Electric Power Products, Inc. (MEPPI) celebrated the grand opening of its Advanced Switchgear Factory on Oct. 15. The company’s new facility marks a major milestone in its investment to strengthen electric grid infrastructure and address…