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Author: Joel Berg

Bizleadspa

Self-storage operator buys NC facility

Investment Real Estate Group of Companies, a York-based operator of self-storage facilities, has acquired a North Carolina property, Pinehurst Mini Storage Warehouses. Terms of the transaction

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Construction

Inch & Co. wins preliminary nod for York-area housing plan

York County developer Inch & Co. cleared an early hurdle in its new plan for a tract in suburban York that has been at the center of controversy for more than three years. At a meeting last night, supervisors in Manchester Township voted 4 to 1 to conditionally approve a preliminary plan for 83 detached single-family […]

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Bizleadspa

Scranton-area bank opens first Lancaster branch

Peoples Security Bank & Trust Co. is marking its first branch in Lancaster County with a ribbon-cutting on Nov. 13. The branch, which opened yesterday at 2343 Oregon Pike in Manheim Township, is on the site of a retail plaza at the intersection of Landis Valley Road.  The branch is Peoples’ second in Central Pennsylvania first […]

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Manufacturing

Lanco fabricator changing hands

Structural fabricator Dutchland Inc. is undergoing a change in ownership three years after the Lancaster County company landed in the arms of private equity. In late 2022, Dutchland was acquired by Lexington, Kentucky-based MiddleGround Capital and folded into Lindsay Precast, now based in Gainesville, Florida. MiddleGround has now agreed to sell both companies to investment firm TJC, formerly known as The Jordan Co.  […]

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Banking/Finance

Fulton, PNC maintain top spots for market share

For the second year in a row, Lancaster-based Fulton Bank wears the crown as home to the most bank deposits in Central Pennsylvania. Nonetheless, its market share shrank slightly as deposits grew overall in the region, according to the latest data from the Federal Deposit Insurance Corp. Total deposits as of June 30 were nearly $55.2 billion […]

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Bizleadspa

F&M Trust

Chambersburg-based F&M Trust has made several promotions and new hires. Madonna Beverlin has been promoted to assistant vice president, residential mortgage processing manager. She will be responsible for managing the residential mortgage processing area to ensure prompt and effective delivery of residential mortgages to retail customers within the bank’s market area, ensure the bank’s compliance […]

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Transportation

Airport cuts could ripple through Central PA

Air travel in the U.S. will require vigilance in the days ahead as the federal government orders airlines to impose traffic cuts. The reductions appear to target 40 of the nation’s largest airports, including hubs in Baltimore, Philadelphia and Washington, D.C., according to a list obtained by The Associated Press. But the ripples could reach smaller […]

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Construction

Hospital-to-apartment conversion blessed by Harrisburg planners

At a meeting last night, Harrisburg’s planning commission unanimously approved a proposal to put 130 apartments in a former hospital in the city’s uptown neighborhood. The plans, pitched by an affiliate of Philadelphia-area developer Pennmark, represent the next step in the potential rebirth of a sprawling former healthcare campus in the 2600 block of North Third […]

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Bizleadspa

High Foundation

Vanessa Philbert and Janice Snyder have been named to the board of trustees of the High Foundation, a Lancaster philanthropy that owns High Industries and High Real Estate Group. They are replacing Mike Van Belle and Hilda Shirk, who completed their terms as trustees but will continue to serve as committee members, according to a foundation spokesperson. Philbert is […]

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Government

Judges retained, mayors elected

The ayes have it. By a margin of roughly three to two, Pennsylvania voters retained three state Supreme Court justices yesterday, preserving the court’s Democratic five-to-two majority. Justices Christine Donohue, Kevin Dougherty and David Wecht each garnered more than 2 million “yes” votes on the question of whether they should remain on the bench for […]

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