
Lancaster developer raising capital, mulling IPO
A Lancaster-based developer has tapped an investment banking firm in a bid to drum up capital and expand its portfolio of projects. Developer Elevare Corp., formerly

A Lancaster-based developer has tapped an investment banking firm in a bid to drum up capital and expand its portfolio of projects. Developer Elevare Corp., formerly

Tonya Sulia Goodman has joined Saxton & Stump as a senior counsel in the Lancaster-based law firm’s Pittsburgh office. Goodman worked most recently as deputy criminal chief in the U.S. Attorney’s Office in the Western District of Pennsylvania, where she supervised 34 attorneys and four paralegals and oversaw prosecutions involving white-collar and violent crime, child […]

Ron Hetrick stepped down effective yesterday as president and CEO of Pennon, the Harrisburg-area nonprofit created to oversee regional public media outlet WITF and Lancaster County news publisher LNP Media Group. Pennon board chair Leigh Horner is filling the leadership role while the nonprofit searches for an interim president and CEO. “For a quarter century, Ron Hetrick has been […]
Spring Grove-based papermaker Pixelle Specialty Solutions LLC has found a buyer for an Ohio plant it closed over the summer. Pixelle has agreed to sell the plant in Chillicothe, Ohio, to U.S. Medical Glove Co., an Illinois-based company that makes medical gloves. In a news release, Pixelle said it expects $5.5 million in net proceeds from the sale […]

Angie Williams has been named chief human resources officer at Finanta, Lancaster-based nonprofit lender. She worked most recently as HR director for the School District of Lancaster, where she spent more than a decade. Williams has a bachelor’s degree in business administration, with a concentration in HR, from Central Penn College and an MBA from […]

Robert Muth has been named artificial intelligence officer at Members 1st Federal Credit Union. The new title is in addition to Muth’s existing role as senior vice president of infrastructe and operations. As the credit union’s AI officer, Muth will oversee efforts to leverage technology in ways that strengthen the credit union’s relationship-based approach to […]

One of the West Shore’s largest apartment complexes has changed hands. York-based property manager The Apartment Gallery has acquired The Overlook, a 288-unit complex at 150 Erford Ave. in East Pennsboro Township, Cumberland County. “Multifamily is always a stable investment opportunity, especially in high barrier- to-entry markets like Central Pennsylvania with good workforce fundamentals,” said Mike Maxwell, […]

Officials in York hope state funding can help them revive two city landmarks — a dilapidated church and a downtown post office that has been mostly vacant for more than a decade. Economic development agencies in York are seeking $4 million for the Post Office and $3 million for the church through a competitive state […]

Abe Ibrahim has joined Mid Penn Bank as first senior vice president and regional president of the bank’s central Philadelphia region, overseeing the bank’s growth in a market it has targeted for expansion. He will be based in Philadelphia and report to Scott Micklewright, president of commercial and consumer banking and chief revenue officer. Ibrahim […]

Geisinger and the former Evangelical Community Hospital have agreed to pay $28.5 million to settle claims they forged a secret agreement not to poach each other’s workers, allegedly stifling competition in the labor market and depressing wages. Danville-based Geisinger, now owned by Kaiser Permanente, is paying $19 million, while Lewisburg-based Evangelical, now part of WellSpan Health, is paying $9.5 […]