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Author: Joel Berg

Construction

Two Kinsley brothers die in avalanche during ski trip

York County has lost two of its most prominent business and philanthropic leaders.Brothers Jonathan and Timothy Kinsley died Monday while on a skiing trip in British Columbia. Jonathan, 59, was an executive with York-based Kinsley Enterprises, which oversees the Kinsley family’s business assets, including Kinsley Construction. Timothy, 57, was president of Kinsley Properties, a real estate development and […]

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Banking/Finance

Suit aims to stop Centric merger

A shareholder of Centric Financial is seeking to block the Harrisburg-area bank’s planned merger into a western Pennsylvania bank.In a class-action lawsuit filed this month in Cumberland County court, shareholder Charles Reinhardt claims the $144 million deal undervalues Centric, which is based in Lower Paxton Township, Dauphin County. The lawsuit also takes aim at other terms of the […]

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Education

Local health college merging into Philly school

An expanding Philadelphia university is taking over Lancaster County-basedPennsylvania College of Health Sciences.The Lancaster-area school, which has nearly 2,000 students, has agreed to become part of Saint Joseph’s University, the second acquisition for the Philly school. The merger, expected to close in January 2024, is designed to create more opportunities for students at Pennsylvania College while […]

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Health Care

Drayer HQ sold to home-care provider

A Lancaster-area home-care company has purchased the corporate headquarters of Drayer Physical Therapy Institute in Swatara Township, Dauphin County.Druk Homecare Services, a home-care provider based in East Hempfield Township, paid $1.7 million for the 20,812 square-foot office building at 8205 Presidents Drive, according to county deed records. Druk plans to relocate to the second floor of the building […]

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Uncategorized

Low-interest loan bolsters Lancaster apartment project

Construction on $15 million affordable-housing project in Lancaster city is pulling closer to the starting bell.The developer, a Lancaster-based real estate investment fund called OZFund Inc., has landed a low-interest $1.8 million loan to help cover the costs of stormwater remediation and a “green roof” for the project, which is slated for 800 S. Queen St. in […]

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Banking/Finance

State College bank launches in capital region

A State College bank is making its first play in the capital region, where it hopes to drum up home and business loans.Centre 1st Bank has hired Bob Rader, a longtime capital-area banker, to head up a new loan office at 1017 Mumma Road in Wormleysburg. Rader, who lives in Mechanicsburg, is president of the Centre […]

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Economy

Podcast: Workforce Development

Business leaders may be wondering where they will find the skilled people they need to keep their companies running and growing in the years ahead.This edition of the YCEA podcast, produced in partnership with biznewsPA, offers perspective from those in the trenches of training. It features Pedro Rivera, president of Thaddeus Stevens College of Technology […]

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Real Estate

York-area golf course sold

Inch & Co., a York-based construction and real estate company, has purchased Regents’ Glen Country Club in Spring Garden Township, York County.According to county deed records, Inch affiliate RG Golf Course LLC paid nearly $2.3 million for the property, which includes the course, the clubhouse and an event venue called Box Hill Mansion. The seller was The Greens at Regents Glen […]

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Government

Court ruling could prompt millions in corporate tax refunds

Thanks to a recent court ruling, the commonwealth of Pennsylvania could be on the hook for more than $100 million in tax refunds to businesses.The ruling came in a case that arose over provisions outlining how companies can use past losses to lower their tax bills.Some corporate taxpayers have claimed, successfully, that provisions that have […]

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