The chief banking subsidiary of Chambersburg-based Franklin Financial Services has broken ground on a new branch at 4765 Linglestown Road in Lower Paxton Township.It will be F&M Trust‘s
A Harrisburg lobbying firm has formed a business affiliation with a Philadelphia-area law firm.Under the arrangement, lobbying shop The DT Firm and law firm Lamb McErlane will refer clients to each other, said Joel Frank, chairman and managing partner of Lamb McErlane. While many law firms have created in-house lobbying divisions over the last few years, Lamb McErlane has […]
When Penn Center Harrisburg hit the market in summer 2022, the asking price for the three-building complex was $22 million. The half-vacant property in the 2600 block of North Third Street ended up selling for $1.45 million late last month following the bankruptcy of its owner, Penn Center Harrisburg LP. The buyer is an affiliate of Pennmark, a Philadelphia-area […]
Pennsylvania officials are tapping an Allentown-based lender to operate a statewide program funneling money to homeowners who want to make their homes more energy efficient.The program, called the Keystone Energy Efficiency Program, could provide up to $10 million in loans to eligible homeowners in amounts ranging from $2,000 to $25,000.The amounts are generally too high […]
The steel-fabrication business is thriving in York County as two companies expand operations there, one from Dallastown and one from Maryland. Yoe Construction, the Dallastown-based company, is leasing space for a new steel fabrication shop at 775 Lombard Road in Windsor Township, York County. The 23,142 square-foot shop is an extension of the company’s existing shop at […]
A private equity-backed holding company is buying a majority stake in Harrisburg’s minor league baseball team from the family of the late Mark Butler, a co-founder of Harrisburg-based discount retailer Ollie’s Bargain Outlet Holdings. Butler, who died in 2019, bought a majority interest in the Harrisburg Senators in 2014. That stake is now being sold to Diamond Baseball […]
In a series of bipartisan votes yesterday, a state House panel approved a package of four bills designed to tweak the process for selling public water and sewer systems to private companies.The tweaks would amend a state law known as Act 12, which paved the way for greater consolidation of local water and sewer systems. Advocates note […]
R.F. Fager Co., a West Shore distributor of plumbing, heating, roofing and other supplies, has a new partner.New York-based private equity firm Tenex Capital Management has made an undisclosed investment in the company. Efforts to reach R.F. Fager and Tenex were not successful, But in a statement to trade publication PE Hub, Tenex managing director Gabe Wood said, […]
Over the last few weeks, real estate agents have begun bracing for the end of a common practice in home sales.It’s not the 6% commission, which agents argue is something of a misconception. It is the ability to signal that a homebuyer’s agent will be paid from the proceeds of a sale along with the […]
On March 8, 2022, a fire ripped through a Penn Waste recycling facility in Manchester Township, York County, knocking it out of commission. Now, three Penn Waste insurers are suing local contractors involved in building the facility and installing its sprinkler system. The insurers, which include Connecticut-based XL Insurance, are seeking to recover $26 million in damages from York-based Kinsley […]
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