Maple Donuts has hired a CEO following its sale in June to a consortium of private investors led by Swander Pace Capital. The new chief is Greg Somerville,
The shutdown of the federal government is stalling a critical pipeline for loans to small businesses. Like the rest of the government, the U.S. Small Business Administration has been closed since Oct. 1. As a result, the agency is unable to formalize its guarantee to repay loans if small-business borrowers cannot. The guarantees encourage lenders to […]
The Central Pennsylvania Food Bank. The nonprofit has added two executives to its C-suite. Ted Simes joined the regional food bank in July as COO. The Lancaster County native worked most recently as a branch manager for logistics and engineering company CTDI. He also was previously director of operations and food safety at Reading-based food ingredient distributor Lentz […]
Pennsylvania’s top lawyer plans to press ahead in a lawsuit over controversial power lines proposed for York and Franklin counties even after a federal court ruled in favor of the company behind the project. The decision by Attorney General Dave Sunday opens a new chapter in the four-year-old legal battle over the power lines, proposed […]
Hal Carney has been named chief revenue officer for The YGS Group, a York-based content and communications company. The role oversees revenue growth, margin improvement and other initiatives. Carney worked most recently as executive vice president of the York-Adams region for Orrstown Bank and PeoplesBank, which was acquired by Orrstown last year. Before that, he was a regional […]
Convenience-store operator Rutter’s has opened its first outpost in Virginia. The York-based company opened a 14,000-square-foot store yesterday in Winchester, a town along Interstate 81 in Virginia’s northernmost corner. It is the 91st location for Rutter’s, which also has stores in Pennsylvania, Maryland and West Virginia. The store features the chain’s new sports bar concept, […]
Nonprofit developer Harristown Development broke ground yesterday on an outdoor event venue, dubbed Coronet Park, at 21 S. Second St. Harristown acquired the property in 2017 when it was the site of a blighted commercial building with a long-vacant eatery known as the Coronet Restaurant. Harristown demolished the building and planned to erect a six-story office. But […]
After more than 40 years in business, the sibling co-founders of a Mount Joy packaging company decided to hand over the reins. Founded in 1983, Phoenix/Packaging has been acquired by Elkhart, Indiana-based Welch Packaging Group Inc. Welch was not the only buyer interested in Phoenix, according to John Davidson, a co-founder and vice president of marketing for Phoenix, […]
One of Camp Hill’s most foreboding properties could be the key to a more prosperous future for the West Shore borough’s main commercial thoroughfare. Financial adviser Tony Conte and attorney Brian Hinkle are hoping to convert the former Masonic Temple at 2211 Market St. into a full-service restaurant with liquor license. The project aims to […]
Some of Lancaster’s highest-profile companies are hoping to persuade state officials that their plans to upgrade corporate headquarters deserve a dose of public funding. Manufacturer Armstrong World Industries, event technology company Clair Global and flooring maker Ecore International are among applicants statewide angling for funds from the Redevelopment Assistance Capital Program, or RACP, a grant program that backs projects statewide. […]