Everything is bigger in Texas, including spending on roads, bridges, pipes and other infrastructure.“It’s the place to be in our world,” said Bob Scaer, CEO
A nonprofit investor that tracks corporate performance on environmental, social and governance issues is asking Sunbury-based Weis Markets to beef up its disclosures on climate change and supply chain risks.The Massachusetts-based nonprofit, The Accountability Board, is seeking a shareholder vote on the issue during Weis’s annual meeting this spring. The resolution calls on Weis to produce a report […]
Horst Insurance, an independent insurance agency in Manheim Township, Lancaster County, has acquired Ruhl Insurance, a smaller brokerage based in Manheim borough. The deal, which took effect March 1, returns Horst to the acquisition market after a pause of more than a decade. The firm’s last acquisition was in 2008, also involving a Lancaster-area brokerage, […]
The legal fight continues over high-voltage power lines that would run through southern York and Franklin counties. The chief issue is whether state utility regulators overstepped constitutional bounds when they blocked the interstate project in May 2021.Proposed in 2017 by Ohio-based Transource, the $372 million Independence Energy Connection would ease congestion for power flowing from Pennsylvania to Maryland by constructing […]
The Covid-19 pandemic emptied out the region’s amusement parks and Amish attractions.But by 2022, the tourists had returned, and then some. That’s the conclusion to be drawn from the most recent annual report of the Pennsylvania Tourism Office. Spending in what the state calls the Dutch Country Roads region hit nearly $9.4 billion in 2022, up 18.3% […]
Appearing March 13 at a Scranton union hall, Gov. Josh Shapiro laid out plans for speeding up Pennsylvania’s shift to cleaner forms of electricity while creating jobs and capping carbon emissions from the power sector.The plans aim to bridge differences that have long divided environmentalists, labor groups, lawmakers and others with a stake in state […]
A Massachusetts-based company has agreed to pay $270 million in cash for a London-based firm that sells anti-counterfeiting products and services.The firm is OpSec Security, which has operations at two locations in the Greenfield business park in East Lampeter Township, Lancaster County. OpSec had been on a path to go public this year by merging with […]
Mid Penn Bancorp is fielding a sports and entertainment division designed to cater to the financial needs of high-profile athletes and entertainers.The unit formalizes an area where Mid Penn already has been making inroads, said Jordan Space, the bank’s COO. Many celebrities have come to know and trust the Harrisburg-based bank through its annual celebrity golf tournament […]
After two years of explosive, post-pandemic growth, Pennsylvania’s job growth is returning to its pre-pandemic form.Revised numbers indicate the state’s employers added roughly 80,800 jobs in 2023, though the numbers could be revised further, according to L&I. That compares with six-figure growth in 2021 and 2022, when the economy was recovering from the depths of the […]
Four months after taking the field, a statewide venture fund is taking its first shots.The so-called GO PA Fund has invested in two companies, a financial technology firm based in Swarthmore and an advertising tech company based in New York, albeit with roots and some operations in Philadelphia. The fintech company is LoanStar Technologies, which helps […]
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