Erin Hennessy has been hired as chief member experience officer at PSECU, a Harrisburg-based credit union.Hennessy is expected to help the largely digital credit union
Tim Henry is planning to retire effective April 29 as president and CEO of Chambersburg-based Franklin Financial Services Corp., parent of F&M Trust. “It was time,” said Henry, who will turn 67 next year.The bank is in “great shape,” he added, making it a good time to step away. He also plans to leave his role as […]
Harrisburg-area business owner Anthony Worrall has added a third company to his portfolio. The owner of Reynolds Restoration Services and IT services company Everound has acquired SECCO Electric, a commercial contractor based in Lower Allen Township, Cumberland County.Terms of the transaction were not disclosed.In an interview, Worrall said he was interested not in supercharging growth or changing SECCO, which employs 45 […]
GSM Industrial, an industrial fabrication and mechanical contractor based in East Hempfield Township, has acquired Annville-based Light’s Welding, a family-owned business specializing in the agricultural sector. Terms of the deal were not disclosed.Light’s Welding was founded in 1948 by C. Alvin Light, growing from a local welding shop to a full-service fabrication and millwright business.“We’re excited to […]
Three associate attorneys have joined Harrisburg-based law firm McNees Wallace & Nurick.Madeleine Baione is joining the labor and employment team in the firm’s Lancaster office. She previously served as a law clerk at McNees, supporting the firm’s workers’ compensation team. Prior to law school, she worked as a claim manager for September 11th Victim Compensation […]
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 Cap, a growing, Atlanta-based construction supplies distributor. Terms of the transaction were not disclosed, but Valley Supply will continue under its own name and existing leaders, Harvey Sipe and Linda […]
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 […]
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