February 3, 2017 – Carpenter Technology to Acquire Assets of Puris LLC
Carpenter Technology Corporation (NYSE:CRS) announced the execution of a definitive asset purchase agreement for the purchase of substantially all of the assets and business of Puris LLC (“Puris”), a producer of titanium powder for additive manufacturing and advanced technology applications, for $35 million. The assets and business to be acquired include Puris’ titanium powder operations Continue Reading »
January 31, 2017 – Customers Bank Ranks in Top 100
Forbes ranked Customers Bancorp, based in Greater Reading, PA among the best of America’s 100 largest banks – coming in at number 35.
Kinsley Construction, Wyomissing, has been awarded the contract to build the new $29 million Innovation and Discovery Center at Ursinus College, Collegeville, Pennsylvania. The 42,500-square-foot, three-story interdisciplinary facility will be built at the academic center of the Ursinus campus off Main Street and Ninth Avenue in Collegeville and connect two existing buildings, Thomas Hall and Continue Reading »
January 4, 2017 – Weidenhammer acquires Kutztown video-production firm
Weidenhammer, a Wyomissing-based marketing and technology company, has made its second acquisition in just the past two months. John Weidenhammer, president of the company, said it acquired Kutztown-based Shufflebox Productions LLC, effective Jan. 1. Shufflebox is a video production company that also has drone capability and provides animation services. “The acquisition is part of our Continue Reading »
December 22, 2016 – 100M pounds of recycling processed through new single-stream recycling facility
Thanks to J. P. Mascaro & Son’s new recycling facility in Berks County, which opened in February, the company said it has processed more than 100 million pounds of recycling in 2016. The new Total Recycle facility in Birdsboro uses advanced technology to allow for single-stream recycling for the 80 municipalities it serves.