State lawmakers are taking another run at creating a state-backed retirement program for private-sector workers.Similar legislation cleared the Democratic-controlled House in 2023 but failed to
Martin Foot and Ankle, a podiatry practice with offices in York and Lancaster counties, has been acquired by regional health system WellSpan Health. Terms of the deal were not disclosed but Martin is expected to begin operating under the WellSpan name this summer. The practice employs a team of 14 podiatrists and dozens of other staff […]
Officials in Cumberland County cleared a major hurdle yesterday in their efforts to redevelop a former factory at the edge of Carlisle.They were awarded more than $10.2 million from a state program designed to prepare former industrial sites for reuse.“We’re super excited,” said Andrew Notarfrancesco, chair of the Real Estate Collaborative, a subsidiary of the Cumberland Area […]
Curt Myers, the chairman and CEO of Lancaster-based Fulton Financial, has been named to the board of the Federal Reserve Bank of Philadelphia. Effective April 15, Myers is a class A director, meaning he is one of three board members representing the banking industry. Other members of the nine-person board represent the public. Myers succeeds Chris […]
Veronica Morrison has been hired by law firm McNees Wallace & Nurick.Morrison will work out of the firm’s Harrisburg office and is joining its construction and procurement group. She previously was a shareholder at Stevens & Lee, focusing on construction and real estate litigation.Morrison advises clients on all project phases, from preconstruction planning and contract […]
Rite Aid said yesterday it is filing for Chapter 11 bankruptcy for the second time in two years. While the pharmacy chain emerged as a smaller, leaner company after its last trip through bankruptcy court, it is bracing this time for a sale. “While we have continued to face financial challenges, intensified by the rapidly evolving retail and […]
Pennsylvania’s economy has been shaken by the rise of manufacturing in China and a shift in the U.S. population to the South and Southwest.But there are still levers the state can pull to boost its fortunes, and that’s where the focus is for Luke Bernstein, president and CEO of the Pennsylvania Chamber of Business and […]
One of the capital region’s oldest and largest factories will be closing indefinitely this summer due to weak demand for its products, which include steel rails for trains, cranes and trolleys. Ohio-based steelmaker Cleveland-Cliffs said Friday it plans by June 30 to wind down production at its plant in Steelton, along with plants in Conshohocken and Riverdale, Illinois.The […]
WellSpan Health and Inch & Co. reached a settlement in a lawsuit filed last week by WellSpan over a proposed sports complex on which they have been partnering, according to a WellSpan spokesperson and an Inch & Co. executive. The settlement includes transferring ownership of the sports complex site to WellSpan, according to health system spokesperson Ryan Coyle. […]
Cynthia Helms has been hired as a controller for the Investment Real Estate Group of Companies.Helms has over 20 years of financial leadership expertise in real estate and fund accounting, including senior-level positions at several companies. At Investment Real Estate, she will lead a team of six accounting professionals and enhance analytical frameworks in an […]
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