King of Prussia
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Qlik, Fortune Magazine Detail Historical Financial Impact of Global Crises with New Data Analytics Site
King of Prussia-based Qlik has unveiled an interactive data analytics site – entitled The Pandemic Effect on the Fortune 500 – in partnership with Fortune magazine to coincide with the publication of the 2021 Fortune 500 list. In its second year as the official analytics partner of the Fortune 500, Qlik is delivering a unique…
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Closing Time for All Wegmans Pubs, Including Montgomery County Locations
After suspending operations at the start of the pandemic, Wegmans Food Markets decided to completely shutter all of its “pub” restaurants, including pubs in Collegeville, Malvern, and King of Prussia, writes Ryan Kneller for The Morning Call. Overall, the chain operated twelve Pub by Wegmans at its stores in Pennsylvania, New York, and Virginia. “We…
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Craving a Good Meal Out of Quarantine? VFTCB is Excited to Announce Month-long Culinary Event This July
The Valley Forge Tourism & Convention Board (VFTCB) is excited to announce the inaugural Crave Monto Month, a 31-day culinary experience that will take place across Montgomery County this July! Crave Monto Month will bring much-needed foot traffic to Main Streets and other areas to promote the county’s diverse cuisine. Many participating local eateries have been…
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Civil War Nurse Anna Morris Holstein to Be Honored with Historic Marker in King of Prussia
Anna Morris Holstein, a volunteer Civil War nurse who led the effort to acquire and preserve George Washington’s Headquarters at Valley Forge, will be honored with a historic marker in King of Prussia, writes Russell Rubert King for The Times Herald. This will be King of Prussia’s first Pennsylvania Historic and Museum Commission marker sign.…
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Fortune 500 Ranks Four Montco Companies for 2021, Including One in Top Ten
Montgomery County made a strong showing in the latest Fortune 500 rankings, with four companies making the list and one making the top ten, writes Ryan Sharrow for the Philadelphia Business Journal. The Fortune 500 ranks publicly traded companies based on their annual revenue. Conshohocken-based AmerisourceBergen ranked highest in the county and the region, jumping…
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More Than $4B in Development in Last Decade Solidifies King of Prussia as Center of Philadelphia’s Western Suburbs
King of Prussia has seen an astonishing development boom in the last decade, which has solidified its place as the center of Philadelphia’s western suburbs, writes Natalie Kostelni for the Philadelphia Business Journal. Out of that, $1.3 billion of development is currently ongoing in Upper Merion, ranging from a $14 million, the 74,000 square-foot building…
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Thoma Bravo Acquiring King of Prussia’s Greenphire
King of Prussia-based Greenphire, which develops and markets software for managing clinical trials, is being acquired by Thoma Bravo, a private equity investment firm, writes John George for the Philadelphia Business Journal. The financial terms of the deal were not disclosed. The company will continue to be led by its existing CEO, Jim Murphy, along…
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Now Part of Discovery Labs, Former GSK Plant in King of Prussia Adds Penn Medicine as New Tenant
The former GlaxoSmithKline property in King of Prussia has added University of Pennsylvania’s gene therapy program as a new tenant, writes Jacob Adelman for The Philadelphia Inquirer. Penn Medicine’s rapidly-growing unit has signed a 150,000-square-foot lease at the property and will use the space for part of its expanding research into genetic medicines for rare…
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We’re Fired Up! Brooklyn Smokehouse Concept Arrives in King of Prussia Mall
Morgan’s Brooklyn Barbecue, a Brooklyn smokehouse concept by restaurateur Matthew Glazier and barbecue pitmaster Cenobio Canalizo, opened its second location on Monday in King of Prussia Mall, writes Lisa Dukart for the Philadelphia Business Journal. The new eatery is located in the former Mistral space and offers smokehouse fare and craft beers. Glazier decided to…
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King of Prussia District Releases 2021 Report Detailing KoP’s Continued Transformation Despite The Pandemic
The King of Prussia District has released its 2021 Report to the Community that details KOP’s business community’s response to the pandemic and summarizes KOP’s commercial, residential, retail, and hospitality performance in 2020. Despite a difficult year, King of Prussia continues to attract investment and reinforce its reputation as one of the country’s best “Edge…
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King of Prussia-based Maxona Pharmaceuticals Raises Millions in Private Sale to Advance Its Medication Portfolio
King of Prussia-based Maxona Pharmaceuticals has raised $5.56 million in a private sale to advance its non-opioid and non-steroidal pain medication portfolio, writes John George for the Philadelphia Business Journal. According to documents the pharmaceutical company filed with the Securities and Exchange Commission, Maxona is seeking to raise a total of $10 million. The company’s…
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Leading Global Retailers Use KOP-Based Qlik to Drive More Value from Their Data
Retailers are rapidly adopting King of Prussia-based Qlik as part of their effort to maximize the value of real-time data for decision-making. Over the past two quarters, retailers have been eager to realize Qlik’s vision of Active Intelligence, which is the ability to leverage real-time, up-to-date information to inform decision-making, and trigger downstream business events…
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King of Prussia-based Vertex Pays $200M for Ireland-based Taxamo
King of Prussia-based Vertex has paid $200 million in cash for Taxamo, an Ireland cloud-based provider of tax and payment automation for worldwide e-commerce and marketplaces, writes Jeff Blumenthal for the Philadelphia Business Journal. Taxamo’s customers include global digital service providers who use its platform to support indirect tax compliance with the main focus on…
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Claws and Effect: Pawsome Dog Training with Military Values by King of Prussia’s David Shade
David Shade is an award-winning, professional dog trainer based in King of Prussia, PA. He served in the Army for 4 years as a paratrooper in the 82nd Airborne Division. While serving a tour overseas in Afghanistan, he was awarded for valor and received The Purple Heart. When he came back home, he had some…
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King of Prussia-based PA Assistive Technology Foundation Makes Lives Easier for People with Disabilities
King of Prussia-based Pennsylvania Assistive Technology Foundation is making the lives of older adults and people with disabilities easier, writes J.F. Pirro for Main Line Today. The nonprofit co-founded by Bala Cynwyd’s Susan Tachau, who acts as the organization’s executive director, provides financing opportunities, education, and advocacy to seniors and people with disabilities, that help…
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Shopping ‘Euphoria’ Brings Shoppers Back to King of Prussia Mall
Emboldened by vaccines and lower rates of new cases, shoppers are flocking back to malls, writes Laurie Foti for the WorldNewsEra. Simon Property Group, owner of King of Prussia Mall, has been recording improvements in sales and visits week over week. “Between being cooped up, between being locked down, between the stimulus, between celebrating that…
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King of Prussia Building Sold for $24 Million to Malvern-Based Developer
Malvern-based E. Kahn Development has purchased a vacant, 260,000-square-foot building in King of Prussia from BNY Mellon for $24 million, writes Natalie Kostelni for the Philadelphia Business Journal. The bank used the building at 760 Moore Road as an operations center for almost 20 years. After deciding that it no longer needs the space, the…
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King of Prussia’s Workhorse Brewing Launches Workhorse Tour, Bringing Competitive Play To Amateur Golfers
King of Prussia-based Workhorse Brewing Company is thrilled to announce the launch of “The Workhorse Tour,” an exciting new golf initiative with a unique and compelling format. The Workhorse Tour brings the competitive spirit and tournament structure of professional golf to recreational players in Greater Philadelphia, with the bonus of flexible scheduling and real-time scoring…
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