A state lawmaker is seeking support for legislation that would make it easier for regulated electric utilities to invest in and possibly own power plants, an
The rating for bonds issued for Harrisburg University of Science and Technology have been cut.Amid concerns over the university’s cash position, ratings agency S&P Global Ratings downgraded the university’s bonds from BB- to B-, which reflects a heightened risk of default. The bonds were issued by the Dauphin County General Authority on the school’s behalf.S&P noted that HU’s […]
An industrial park in northern York County has attracted another out-of-state investor.An affiliate of New York-based real estate investment firm The Lightstone Group paid $9 million for an industrial building at 503-509 Industrial Drive in the Fairview Industrial Park in Fairview Township, according to county deed records. The seller was an affiliate of High Street Logistics Properties, a Boston-based […]
Peter Wisniewski has been hired as director of investor relations for Investment Real Estate Group of Companies, a York-based self-storage operator.Wisniewski has over 10 years of expertise in financial strategy and cross-sector collaboration. Most recently he worked as a development manager, where he streamlined operations and cultivated relationships within the real estate industry. His background […]
Jose Lopez has been named to the board of Ephrata National Bank. He is a new addition to the board, according to a spokesperson for the Ephrata-based bank.Lopez worked most recently as president and CEO of the Lancaster-based social services nonprofit Spanish American Civic Association and its affordable-housing arm, SACA Development Corp. An Army veteran and Lancaster native, Lopez oversaw […]
A York tax preparer is facing charges for allegedly falsifying applications from businesses seeking loans under an emergency federal program designed to help businesses meet payroll after the Covid-19 pandemic tanked the economy in early 2020. The U.S. Attorney’s office in Harrisburg has indicated tax preparer Dommonick T. Chatman on 20 counts of bank fraud and […]
Mark Kandrysawtz has been promoted to senior vice president and chief innovation officer at York-based health system WellSpan Health. He was previously vice president and chief innovation officer.Kandrysawtz leads innovative solutions that reimagine healthcare to allow for faster adaptation, scale and, ultimately, impact for consumers and patients. He is credited with helping WellSpan position itself […]
A change in ownership is coming to Dutch Wonderland, a theme park along Route 30 in East Lampeter Township, Lancaster County. The park’s parent, Spain-based Parques Reunidos, is selling it and other U.S. properties to family-owned amusement company Herschend, based in Atlanta. Terms of the transaction were not disclosed.The sale follows a strategic review of Parques’s U.S. […]
A Harrisburg-area developer is sparring with a Lancaster County township and authority over sewer tapping fees assessed on a recent apartment project.In a lawsuit filed at the end of last year, the developer, an affiliate of Lower Paxton Township-based Triple Crown Corp., argues that the fees were excessive, and it demands a partial refund.“They were charged […]
Passenger traffic was up in 2024 at Harrisburg International Airport. More than 1.44 million people passed through the Dauphin County airport last year, up 10.8% from about 1.3 million in 2023, according to airport statistics. American Airlines and Allegiant Air drove much of the growth, according to HIA spokesperson Scott Miller.“Travel in this region has been pretty strong over the […]
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