Craig Kauffman has been named to the board of western Pennsylvania-based CB Financial Services Inc. and its chief operating subsidiary, Community Bank, effective Nov. 20. Kauffman is
Robert Ortenzio is looking to put the rehab company he cofounded with his late father back into private hands. Ortenzio proposed this week to buy out shareholders in Select Medical Corp., which is based in Mechanicsburg but operates healthcare facilities around the U.S. In a letter to the company’s board, Ortenzio described himself as “uniquely positioned” […]
Lancaster-based Fulton Financial Corp. has agreed to buy a New Jersey bank in a deal poised to expand Fulton’s business in lucrative markets outside New York City. The all-stock deal for Rutherford, New Jersey-based Blue Foundry Bancorp is valued at $243 million and expected to close in the second quarter of 2026. The combined bank would do business […]
Trucking company Keen Transport is laying off at least 50 workers from its terminal at 1951 Harrisburg Pike in Middlesex Township, Cumberland County, due to a business restructuring, according to a notice filed last week with state and local officials. The layoffs are slated to begin on or after Jan. 20, according to Keen, which […]
When Brian Carson moved on this year from Lancaster County-based flooring manufacturer AHF Products, a press release described his six-year tenure as “highly successful.” The former CEO’s departure is proving highly litigious. Carson, AHF Products, the company’s current private equity owners and its former owner are embroiled in a series of lawsuits filed in the wake […]
Victoria Perez has joined accounting and advisory firm Brown Plus as an audit senior manager. Perez worked most recently at a Big Four accounting firm, where she was involved in a range of audit, assurance and advisory engagements, including Sarbanes-Oxley readiness and internal control assessments. She specializes in accounting and audits of property and casualty […]
The U.S. Department of Transportation is threatening to withhold $75 million in federal highway funding earmarked for Pennsylvania after accusing the state of illegally issuing commercial driver’s licenses to what the agency describes as “dangerous foreign drivers.” The warning comes days after U.S. Immigration and Customs Enforcement arrested an illegal immigrant from Uzbekistan who was […]
Couscous manufacturer US Durum Products is shifting operations from a facility in suburban Lancaster to a plant in Harrisburg that it bought last year for $4.25 million. The company is also spending on new equipment to boost volume and streamline its supply chain for a total investment of just over $8 million. The Pennsylvania Department of […]
A York-area warehouse with several tenants changed hands this week at a price of $13.2 million. The seller was an affiliate of Stewart Properties, part of the York-based Stewart Companies group. The buyer was Opes Capital, a Camp Hill-based real estate investment fund that formed at the beginning of 2025. The off-market deal was facilitated by Michael Curran, president and […]
Morgan Harker has joined Boyer & Ritter as a senior associate in the State College office of the accounting and professional services firm. Harker previously worked as a staff auditor for a statewide accounting firm, where she evaluated clients’ internal controls, prepared returns and audited financial statements. She also managed the firm’s social media and […]