Pennsylvania’s economy has been shaken by the rise of manufacturing in China and a shift in the U.S. population to the South and Southwest.But there
One of the capital region’s oldest and largest factories will be closing indefinitely this summer due to weak demand for its products, which include steel rails for trains, cranes and trolleys. Ohio-based steelmaker Cleveland-Cliffs said Friday it plans by June 30 to wind down production at its plant in Steelton, along with plants in Conshohocken and Riverdale, Illinois.The […]
WellSpan Health and Inch & Co. reached a settlement in a lawsuit filed last week by WellSpan over a proposed sports complex on which they have been partnering, according to a WellSpan spokesperson and an Inch & Co. executive. The settlement includes transferring ownership of the sports complex site to WellSpan, according to health system spokesperson Ryan Coyle. […]
Cynthia Helms has been hired as a controller for the Investment Real Estate Group of Companies.Helms has over 20 years of financial leadership expertise in real estate and fund accounting, including senior-level positions at several companies. At Investment Real Estate, she will lead a team of six accounting professionals and enhance analytical frameworks in an […]
Saxton & Stump has recruited two high-profile litigators from Philadelphia-based Kleinbard, Shohin Vance and Joshua Voss. They are joining Saxton & Stump as shareholders in the Lancaster-based law firm’s commercial litigation, appellate and post-trial advocacy, and regulatory and government relations groups. Vance will be based in the firm’s Malvern office, while Voss will work out of […]
Citing federal pullbacks in the area of consumer protection, the Shapiro administation yesterday unveiled a new hotline, website and email address for complaining about banks, insurers, student lenders and other financial services providers. State residents can now call 1-866-PACOMPLAINT, visit pa.gov/consumer or email [email protected] to report their concerns.Pennsylvania has its own set of laws designed to protect […]
Utilities serving large swaths of Central Pennsylvania are putting a price tag on the impact of rising costs for electricity.PPL Electric Utilities announced yesterday that its residential and small-business customers will see a nearly 16% increase in the cost of electricity starting June 1.For FirstEnergy subsidiary Met Ed, the price is slated to climb 8%, according to company spokesperson […]
Brian Palmer has been named a tax manager in the Lancaster office of accountig and professional services firm Brown Plus.Brian was previouysly associate vice president of hinance at a higher education technology consulting firm. He was also a tax manager at a national accounting firm, where he advised clients across various industries on federal and […]
An entity affiliated with developer Joe Deerin of Deerin Cos. in Manheim Township paid $4.9 million for Stumpf Field, a longtime baseball field at 1350 Fruitville Pike near the city, according to county deed records. The seller, Jeff Sweigart, was represented in the transaction by Daniel Berger and Daniel Berger Jr., associate brokers with Lancaster-based U.S. Commercial […]
A York County industrial property is changing hands and changing occupants.West Shore developer Drew Bobincheck paid $7 million for a tract at 3490-3510 Board Road in Manchester Township that includes a roughly 143,700-square foot building, according to county deed records. It also includes two small rental homes.The seller was an entity affiliated with Cardinal Systems, a […]
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