
Deal boosts insurance arm for regional bank
Mid Penn Bancorp has snapped up a Dillsburg-area employee benefits firm as it seeks growth for its insurance unit.The Mid Penn unit, which does business as MPB
Mid Penn Bancorp has snapped up a Dillsburg-area employee benefits firm as it seeks growth for its insurance unit.The Mid Penn unit, which does business as MPB
Jeffrey Wolff has been named a senior vice president and chief accounting officer at Millersburg-based Mid Penn Bank. Wolff, who has more than 20 years of accounting experience in finance and manufacturing, worked most recently as director of close and consolidation for Santander Bank, the Boston-based arm of Spanish banking giant Santander Group. A former U.S. marine, Wolff […]
In a union billed as a merger of complementary technologies, Lancaster-based software startup AutoOps has joined with Boston-based Steer, which develops and sells customer relationship management software to auto repair shops.Terms of the transaction were not disclosed, but Steer plans to retain the leaders, employees and office of AutoOps, which makes software for scheduling auto repairs, according to […]
In one of the largest commercial deals in the region this year, a real estate investment trust paid $170.5 million for a 1.2 million square-foot warehouse in the Middletown area.The warehouse is at 3327 E. Harrisburg Pike in Londonderry Township.The buyer is affiliated with Radnor-based advisory EQT Exeter. The seller was an affiliate of Atlanta-based warehouse […]
In a roughly 50-minute speech yesterday afternoon at a York factory, former President Donald Trump argued that, if elected for another term, he would usher in a U.S. manufacturing boom driven by higher tariffs, lower taxes, better trade deals and a reduction in energy costs.“Together, we will reclaim our nation’s destiny as the No. 1 […]
Jennifer Glassmyer has been named director of administration and events for York-based Investment Real Estate Group of Companies, operator of Moove In Self Storage facilities.She will work for both Investment Real Estate and Pink Power, a nonprofit that raises money and awareness for local breast cancer patients. Pink Power was founded by Denise Gilliland, whose […]
From the Heart Church Ministries of Harrisburg PA Inc. purchased the 18,000 square-foot office at 350 Hale Ave. in Harrisburg that was formerly home to Girl Scouts in the Heart of Pennsylvania. The building, a former church, will be converted back to a church. James D. Ross of NAI CIR represented the seller.PWT Real Estate […]
Noncompete clauses were the focus when federal regulators moved to outlaw most of them earlier this year.But there are other employment provisions that can have the same “functional effect” as noncompetes, according to the Federal Trade Commission.And one subtype of those provisions is coming under scrutiny in Pennsylvania. They are provisions that require employees to […]
The land-use dispute between Moon Dancer Vineyards & Winery and neighboring homeowners is taking a new twist.In a legal filing last week in York County court, the neighbors, Amanda Perko and Matthew Balsavage argue that the winery in Lower Windsor Township appears to be violating limits on its operations set by a recent court order.They argue […]
Klinge Corp., a York-area company making specialized shipping containers, has been sold.The buyer is Trane Technologies, an Ireland-based company that makes HVAC and refrigeration systems, and its transportation-focused subsidiary, Thermo King.Terms of the transaction, which closed Aug. 1, were not disclosed.In a statement, Thermo King Americas president Adam Wittwer described the acquisition as “a natural extension” of […]