Valley Supply Inc., a Mechanicsburg-area distributor of concrete accessories, fabricated rebar, chemicals and safety products for the construction industry. The company has been acquired by White
A Palmyra-based specialty distributor plans to lay off about 100 people working at three locations in Lancaster and Lebanon counties by the end of this year.The move stems from an expected decline in business and resulting corporate restructuring, according to a layoff notice from the company, DAS Companies Inc. Efforts to reach the company yesterday were not […]
Eric Darr resigned Friday as president of Harrisburg University of Science and Technology, an institution still fighting to stabilize its finances following the fallout from Covid-19. David Schankweiler, a founding trustee of HU and former publisher of the Central Penn Business Journal, is stepping in as interim president while the university searches for its next leader.A […]
Mid Penn Bancorp is deepening its reach in southeastern Pennsylvania and South Jersey with the acquisition of a Bucks County bank that has been squeezed by high interest rates.Harrisburg-based Mid Penn has agreed to pay about $127 million for Bristol-based William Penn Bancorporation. The all-stock deal is slated to close in the first half of 2025, pending shareholder […]
High-profile construction projects around the region are in line for millions of dollars in state funding under grant awards disclosed Friday.Beneficiaries include a proposed sports complex in North York, a residential project underway in Lancaster County and the planned makeover of Harrisburg’s former federal building.They are among more than 400 projects statewide awarded nearly $600 […]
Facing an Oct. 31 deadline for negotiating new reimbursement rates, WellSpan Health and UnitedHealthcare hammered out a last-minute deal to extend some of their agreements but ended one of them.The two sides said Thursday night they were unable to reach an agreement on employer-sponsored health plans, but they agreed to extend the deadline for negotiating over Medicare […]
AHF Products is eliminating about 30 white-collar jobs, with less than half the cuts affecting its staff in Lancaster County.In a statement, AHF president and CEO Brian Carson attributed the move to a stagnant market for home improvements and soft demand for residential building products.Based in West Hempfield Township, the company makes vinyl and hardwood flooring […]
Jim Feath has been named vice president of operations at Herbert Rowland & Grubic, a key role in the engineering firm’s growth plans.Feath has managed operations for HRG’s Pittsburgh office since 2018 and has more than 25 years of experience with the firm. He began his tenure with HRG as an intern shortly after the […]
The restaurant property formerly known as Franz’s Tavern has been sold to Delta House LLC. Franz’s Tavern, at 1400 S. 5th Ave. in Lebanon, was owned and operated by Todd and Belinda Kenee since 1998 and was a staple in the Lebanon community. The new owners have not yet disclosed plans for the property. Amber […]
Kristen Del Grosso has been named market leader for PNC Private Bank in Central Pennsylvania, which includes the Harrisburg, Lancaster, York and State College areas.Del Grosso previously managed PNC Private Bank offices in Mechanicsburg and State College. She joined the PNC unit as a senior banking adviser in 2014 and has a bachelor’s degree in business administration […]
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