High Real Estate Group took a step forward this week in its ambitious plan to develop a 476-acre tract west of Lancaster where the company envisions
The insurance division of Harrisburg-based Mid Penn Bancorp has acquired Charis Insurance Group, an insurance agency based in Lititz. Terms of the transaction were not disclosed. Founded in 2017, Charis is led by president Matthew Snavely. He has been named a managing director of Mid Penn’s insurance unit, MPB Risk Services LLC. “Charis Insurance Group has built […]
Kirk Tanner has been named president and CEO of The Hershey Co. effective Aug. 18. He succeeds Michele Buck, who is retiring after eight years leading the company. Buck is staying on in a senior advisory role to aid in the company’s transition to new leadership. Tanner comes to Hershey from fast food purveyor The Wendy’s Co., […]
The developer that converted the former Memorial Hospital in suburban York into apartments is asking Spring Garden Township to allow a hotel/motel use in a portion of the building, according to a zoning application before the township. In a zoning request for a special exception, BHI Properties LLC said it wants to create a hotel […]
A northeastern Pennsylvania bank is swooping into Central Pennsylvania. Norwood Financial Corp., the Honesdale-based parent of Wayne Bank, has agreed to pay roughly $54.9 million for Coatesville-based PB Bankshares, the parent of Presence Bank, a lender active in this region. The cash-and-stock deal, which requires regulatory approval, is expected to close in late 2025 or early 2026. Wayne […]
Two executives have been promoted to new roles at Lancaster City Alliance, a nonprofit focused on economic and community development. Colleen Wagner has been named vice president of administration and relations. She was previously director of administration and relations, a role she has held since 2007. She will oversee and lead employee relations, communications, volunteer […]
A 20,000-square-foot industrial building in Upper Allen Township, Cumberland County, is under new ownership. A Mechanicsburg-based real estate partnership called SLP1280 LLC paid $3.185 million in June for the property at 700 Independence Ave., according to county deed records. SLP1280 was represented in the deal by Garrett Rothman of Lemoyne-based RSR Realtors. Bill Rothman, also with RSR, represented […]
Column by Richard Randall Strategic plans, whether formal documents or ideas in your head, rely on assumptions about political and economic environments, as well as
Investors have spent nearly a year blaming Daryl Heller for the crackup of an ATM network that allegedly cost them hundreds of millions of dollars. In a court filing last month, Heller dished out some blame of his own. He alleged that people managing the ATM investments misappropriated funds that should have gone to investors, […]
A York-area candy company has more than doubled its factory footprint after taking over a peer based in Lower Allen Township, Cumberland County. After six decades of family ownership, The Warrell Corp. and its 230,000-square-foot plant have been sold to Wolfgang Confectioners, which operates out of a150,000 square-foot facility in Loganville. Terms of the transaction, which closed […]