Philadelphia Business Journal
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Workforce Trends Put Extra Bucks in Montco Wallets, Yet Phila.’s Windfall Lags National Stats
While wage increase statistics are increasing steadily nationwide amid a candidate-friendly market, Greater Philadelphia still finds itself in the lower…
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Healthcare Nonprofit’s New Global Headquarters in Plymouth Meeting a Symbol of ‘Innovation, Integrity’
Independent patient safety organization ECRI recently unveiled its new $13 million global headquarters and medical device evaluation laboratory in Plymouth…
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California-Based Biotech Company Opening Temporary Base in King of Prussia, Exploring Montco for Future Sites
California biotech company Exelixis is opening a temporary base in King of Prussia in June as it explores sites in…
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Montco Ridership, Revenue Stats for SEPTA Better, But Still a Bumpy Ride
In March, SEPTA’s bus, train and subway ridership was the highest it’s been since the pandemic started, writes Ryan Mulligan…
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Former Summer Home of the Guggenheim Family, Founder of New York’s Famous Museum, Hits the Market
Solomon R. Guggenheim, the mining titan behind the Guggenheim Museum in New York City, escaped the pressures of his business…
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King of Prussia Biotech Manufacturer Enters Partnership With London-based Cell Therapy Powerhouse
The Center for Breakthrough Medicines (CBM) has announced a multi-year deal with Achilles Therapeutics in the UK, reports John George…
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Wawa Looking to Double by 2030 in Aggressive Growth Campaign
Wawa will expand in the next decade, launching its “most aggressive growth” in its history, doubling its store count, writes…
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Montco ZIP Code Takes Top Spot Among 15 Places in Region Where Homes Are Selling Most Over Asking Price
As prices of homes in the region continue to skyrocket due to low inventory and high demand, some ZIP Codes…
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Large Warehouse in West Conshy Up for Sale Amidst Hot Industrial Market
The Oldies.com building in West Conshohocken that is used by its current owners to store and distribute vinyl records, compact…
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Here’s How Much Vanguard Funds Stand to Gain if Elon Musk’s Bid to Buy Twitter Is Accepted
If Elon Musk’s unsolicited offer of $43 billion to buy Twitter is accepted, funds controlled by Malvern-based Vanguard could gain…
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American Airlines Adds Bus to Fleet, From Atlantic City, Lehigh to PHL
Starting June 3, you’ll be able to take an American Airlines shuttle bus to and from Philadelphia International Airport and…
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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…
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Righteous! Downingtown Native’s Middle-School Hobby Turns Into “Locally Sourced Food” with $12 Million in Annual Revenue
A Downingtown native’s middle-school hobby has turned into a West Chester-based business that aims to distribute healthy snacks across the…
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Conshy-Based AmerisourceBergen Establishes a $150 Million Fund to Assist ‘Bold Ideas’ in Health Care
Conshohocken-based AmerisourceBergen Establishes a $150M fund to partner with emerging health companies looking to transform health care, writes John George…
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Seven Tower Bridge in Conshohocken Has New Tenant, a Leader of Electronic Inventions
Lighting company Lutron Electronics Co. Inc will be moving into Seven Tower Bridge in Conshohocken, leasing space, reports Natalie Kostelni…
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Sale of 150-Acre Property Gave This Montco University Breathing Room After Pandemic-Driven Enrollment Dip
When Gwynedd Mercy University acquired a 150-acre property from Merck in 2018 for $12 million, it saw it as a…


















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