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Airport wants to build industrial-office park
From humble beginnings 50 years ago as little more than a grass runway and hot dog stand for visiting pilots, Pennridge Airport wants to become a major regional hub for corporate flyers.
Mack Trucks signs deal to be official NASCAR hauler
The Lehigh Valley now will have a prominent role in NASCAR races.
New Jersey dealership looks to relocate to Lower Nazareth
The owner of the Phillipsburg Easton Hyundai dealership in Stewartsville, N.J., said he wants to close the dealership and relocate it to Lower Nazareth Township near Route 33.
PPL completes offering
PPL Corporation (NYSE: PPL) today (6/28) announced the settlement of its concurrent offerings of common stock and equity units to complete the equity portion of the financing for the acquisition of E.ON U.S., LLC, the parent company of Louisville Gas and Electric Company and Kentucky Utilities Company.rnr
OraSure gets FDA approval for Hepatitis C test
BETHLEHEM, Pa., Jun 25, 2010 (GlobeNewswire via COMTEX) --OraSure Technologies, Inc. (Nasdaq:OSUR) announced today that its OraQuick(R) Hepatitis C ("HCV") Rapid Antibody Test has been approved by the U.S. Food and Drug Administration ("FDA") for use in detecting HCV antibodies in venous whole blood specimens, making it the first rapid HCV test approved by the FDA for use in the United States.rnr
Olympus Corp. to acquire Spiration Inc.
Olympus Corporation (President: Tsuyoshi Kikukawa) (Olympus) is pleased to announce that an agreement was reached with Spiration, Inc. (Head Office: Redmond, Washington, U.S.A; President and CEO: Rick Shea) (Spiration) in which all shares of Spiration® will be acquired by Olympus Corporation of the Americas, a North American subsidiary of Olympus.
National Penn sells Christiana for $34.5 million
BOYERTOWN, PA June 24, 2010 National Penn Bancshares, Inc. (NASDAQ: NPBC), the parent company of National Penn Bank and Christiana Bank & Trust Company (Christiana), announced today that it has signed a definitive agreement under which WSFS Financial Corporation (NASDAQ: WSFS) would acquire the stock of Christiana for a cash purchase price of $34.5 million.
PECO completes third electricity purchase
PHILADELPHIA (June 23, 2010) In preparation for the final transition to a competitive electric market in Pennsylvania, PECO recently completed the third of four planned electricity purchases to serve customers who have not chosen a competitive electric generation supplier beginning Jan. 1, 2011.rn r
PPL prices stock offering
PPL Corporation (NYSE: PPL) today (6/22) announced that it has priced its concurrent offerings of common stock and equity units, the proceeds of which will be applied to fund a portion of the purchase price of its recently announced acquisition of E.ON U.S., LLC, the parent company of Louisville Gas and Electric Company and Kentucky Utilities Company.
Simmons to chair EACC
Allentown, PA (June 22, 2010) S. Graham Simmons, an Associate of Tallman Hudders & Sorrentino, the Pennsylvania office of Norris McLaughlin & Marcus, P.A., was recently selected as Chair of the Easton Area Chamber of Commerce. A former board member, Simmons will serve a two year term where he will lead monthly board meetings and develop goals and priorities for the organization.rn r
PPL reaches labor agreement with IBEW
PPL Corporation (NYSE: PPL) has reached agreement with Local 1600 of the International Brotherhood of Electrical Workers union on a new four-year labor contract, the company said Monday (6/21).rnrnThe agreement has been ratified by the union, which represents about 3,300 company employees at PPL locations in Pennsylvania. It runs through May 11, 2014.rnr
