A New York state business leader and philanthropist has bestowed $50 million on Penn State Health Children’s Hospital in what is being described as a
Suzy Teter has joined Pennian Bank as an assistant vice president and relationship banker based in the bank’s Lemoyne office. Teter, who lives in Duncannon worked most recently serving as a financial center manager for Mid Penn Bank. “Suzy’s commitment to serving as a trusted resource to businesses and organizations, as well her dedication to […]
A federal court has officially named a trustee to oversee the assets of Daryl Heller, the Lancaster County business owner who declared Chapter 11 bankruptcy in February after the collapse of an ATM network he led. Heller also faces federal charges alleging he defrauded investors in the network, which did business as Paramount Management Group. The trustee […]
Regional accounting and professional services firm Boyer & Ritter has hired seven staff members for a variety of roles. Darren Bailey joins Boyer & Ritter’s tax department as a supervisor. He worked most recently as a senior tax accountant with a York-based firm. He has a bachelor’s degree in business administration with concentrations in accounting […]
Nonprofit preservation group Lancaster Conservancy paid $3.5 million for a roughly 180-acre tract of forested land in Chanceford Township, York County, according to county deed records. The seller was a partnership called Stone Fence Acres LP, linked to Jeff Koons, an internationally acclaimed artist and York County native. The purchase price reflected the land’s appraised value, […]
There were times it seemed too complicated to pull off. But after five years, the owners of Lancaster-area logistics business Founders Market & Co. found a way to start selling company shares to their employees. The owners — Scott Martino, Matt Stargel and Alex Thompson — began contemplating some form of employee ownership after they took […]
Bill Fredericks and Len Bradley have been named principals of RGS Associates, a landscape architecture, land planning and civil engineering firm based in Lancaster. Fredericks, previously a client manager, has more than 15 years of experience in land development projects, including senior living communities, commercial developments and industrial sites. Bradley, previously an engineering supervisor, has […]
Maple Donuts has hired a CEO following its sale in June to a consortium of private investors led by Swander Pace Capital. The new chief is Greg Somerville, who worked most recently as president and CEO of Savencia Cheese USA, a subsidiary of a French company. Somerville has more than 25 years of leadership experience in consumer goods, including […]
The shutdown of the federal government is stalling a critical pipeline for loans to small businesses. Like the rest of the government, the U.S. Small Business Administration has been closed since Oct. 1. As a result, the agency is unable to formalize its guarantee to repay loans if small-business borrowers cannot. The guarantees encourage lenders to […]
The Central Pennsylvania Food Bank. The nonprofit has added two executives to its C-suite. Ted Simes joined the regional food bank in July as COO. The Lancaster County native worked most recently as a branch manager for logistics and engineering company CTDI. He also was previously director of operations and food safety at Reading-based food ingredient distributor Lentz […]