Upper Providence
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Royal Oak Realty Trust Picks Up $29M Industrial Site in Upper Providence
Royal Oak Realty Trust recently purchased a two-building complex in Upper Providence Township for $29.25 million, writes Ryan Mulligan for The Philadelphia Business Journal. The 14-acre property at 500 Prosperity Drive sits along the Schuylkill River, directly across from Phoenixville, and remains fully leased to longtime tenant Global Packaging Inc. The site has been a…
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GSK’s Emma Walmsley Rejects Co-CEO Trend, Emphasizes Resilience in Leadership
GSK chief executive officer Emma Walmsley says she’s unconvinced of the rising co-CEO trend, writes Nina Paoli for Fortune. As major corporations like Comcast, Oracle, and Spotify embrace the dual-leadership structure, Walmsley prefers the old way. Speaking at Fortune’s Most Powerful Women Summit, the British pharma leader—whose company operates a major U.S. campus in Upper…
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Upper Providence’s GSK Bets Big on ‘Game-Changing’ Liver Disease Drug
GSK has announced a $1.2 billion deal to acquire efimosfermin alfa from Boston Pharmaceuticals, writes John George for the Philadelphia Business Journal. The Montco-based company promised up to $800 million more if certain developmental milestones are met. The once-monthly drug targets metabolic dysfunction-associated steatohepatitis (MASH), including cirrhosis, and may eventually be expanded to treat alcohol-related…
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GlaxoSmithKline Brings Meningitis Awareness to Lifetime with Original Film
Pharma giant GlaxoSmithKline, with major operations in Upper Providence, is heading to Hollywood with a mission, writes John George for the Philadelphia Business Journal. The company has teamed up with Lifetime to produce Pretty Hurts, a new original movie premiering June 28, aimed at raising awareness about meningitis and the importance of vaccination. The project…
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Upper Providence Native Joshua Fleisher Talks Production of Latin Kings Gang Member Documentary
Upper Providence native Joshua Fleisher recently helped produce the documentary Touched by Darkness: The Life and Times of Krazy Kenny, writes Evan Brandt for Daily Local News. The film focuses on Kenneth “Krazy Kenny” Steinberg the only Jewish member of the Latin Kings gang who had been serving an 86-year prison sentence before receiving a…
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Upper Providence Residents, Developer Clash Over Massive Project Proposed for Parkhouse Property
Upper Providence Township residents are not happy with a development proposal by Royersford Holdings that would result in over 1,200 housing units being constructed on a 176-acre Parkhouse property, writes Kenny Cooper for the WHYY. The site is one of Montgomery County’s largest remaining tracts of open space. “The vision of having sustainability as part…
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Upper Providence Officials Vote Unanimously Against Parkhouse Zoning Change
A proposal to change the zoning of the Parkhouse facility property to reduce the number of housing units to be built alongside the Parkhouse Nursing and Rehabilitation Center has been rejected by the Upper Providence Board of Supervisors, writes Evan Brandt for Pottstown Mercury. Under current zoning, the property owner Royersford Holdings LLC can build…
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‘The Wall That Heals’ Is Coming to Upper Providence Township
The Wall That Heals, a three-quarter scale replica of the Vietnam Veterans Memorial along with a mobile education center, is coming to Upper Providence Township on October 26-29, 2023,and will be open 24 hours a day and free to the public. The Wall That Heals honors the more than three million Americans who served in…
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Atop Quality Ranking of Montco High Schools Come Data on the Districts behind Them
In conjunction with the recently published list of top Montgomery County high schools comes a similarly themed Niche.com assessment of the Montco school districts in which they operate. Niche has identified 11 of them to be among the top 50 school districts in Pa. for 2023. To determine 2023’s best school districts, Niche analyzed U.S.…
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Big-Pharma GSK Announces First Woman CFO; She Arrives as ‘Highly Experienced’ Leader
Big Pharma company GSK — which has a multi-site presence in Montgomery County (King of Prussia, Conshohocken, and Collegeville) — has announced its first female CFO. Burberry executive Julie Brown is set to replace Iain Mackay, who is retiring in May. John George covered the new hire in the Philadelphia Business Journal. Brown’s corporate résumé…
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Here’s How Much Montco’s GlaxoSmithKline Is Paying to Acquire a Biotech Company in California
GlaxoSmithKline, with significant operations in Upper Providence, has agreed to acquire California-based Sierra Oncology for $1.9 billion, writes John George for the Philadelphia Business Journal. GlaxoSmithKline will pay the shareholders of the biotechnology company $55 for each share of stock they hold, according to the terms of the deal. This price represents a 39 percent…
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Upper Providence Little League Players ‘Thrilled’ to Have Made It to Little League World Series
Despite not making it past their second game, Upper Providence Little League players and coaches are happy that the team has gotten a chance to play at the Little League World Series, writes Chris Keating for Newswatch 16. This is no small feat, considering that Team Pennsylvania has not managed to make it to the…
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Local Baseball Team Headed For Little League World Series
Upper Providence Little League has secured its place in the Little League World Series in Williamsport, fulfilling a goal some of the kids set when they were seven years old, writes Jamie Apody for 6abc. “They actually started talking about this years ago,” said head coach Ben Ludwig. “They committed themselves. They’re the hardest working…
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House of the Week: Mansion living under $1 million
Welcome home to this spectacular Stanford II Manor model nestled on a 1-acre lot in the prestigious Cannon Hill community! Situated in the acclaimed Spring-Ford Area School District, this 4 bedroom (possibly 5 bedrooms) home with 5 full and 2 half baths and over 7, 300 sq ft of living space features luxurious upgrades and…
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Upper Providence apartment complex proposed near Providence Town Center
Two apartment projects consisting of 771 units are being proposed for Upper Providence, writes Natalie Kostelni for Philadelphia Business Journal. Audubon Land Development is planning to develop a 586-unit complex with a hotel on the 20-acres near the Providence Town Center off Route 422 in Upper Providence. The land in question is located behind a…
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Local GSK employees selected for charity mountain climb in Ethiopia
Susan Melle, 55 and a Norristown Native and Thuy Tran, 51 from Collegeville have been selected to climb Ethiopia’s Simien Mountains on behalf of Trek for Kids, a global initiative from global healthcare company, GlaxoSmithKline (GSK located in Upper Providence and Philadelphia with over 4000 local employees) and charity Save The Children. The trek will…
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TriCounty Area Chamber hears about Grow PA initiative
We’re living in an age where evolving is key to moving forward. And that’s exactly what area businesses are seeking to do with a bit of legislative help. Business leaders from the across the tri-county region had the opportunity last week to hear from Rob Wonderling, the president and CEO of the Chamber of Commerce…
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The story behind Fitzwater Station
By Jessica Willingham Set along the scenic Schuylkill River, Fitzwater Station has a proud history that dates back to the 1800s when the station served as a stop on the underground railroad. The station was originally part of Fitzwater farm, which was owned by Abel Fitzwater of Upper Providence Township, for whom the building is now named…
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