Pennsylvania’s small businesses are in line for a capital infusion of nearly $268 million under a program announced July 18 by the Wolf AdministrationThe money
A York-based venture fund has added to its portfolio of regional startups as it aims to bolster entrepreneurship in Central Pennsylvania.Founded in 2020, White Rose Ventures disclosed an inaugural round of investments in four companies earlier this year.At the end of last week, it unveiled investments of nearly $1.3 million in three more startups.Which are: ReturnLogic, Evermind and TEAMology.Based in Carlisle, ReturnLogic is a software firm […]
Regional accounting and advisory firm Brown Schultz Sheridan & Fritz made the following promotions effective July 1.Ashley Hershey was promoted from manager to senior manager. A graduate of Shippensburg University, she is based in the firm’s Hanover office.Alan Ennis was promoted from senior staff accountant to supervisor. Ennis, who has an MBA from Shippensburg University, […]
A piece of Harrisburg history is on the market — and potentially headed for a makeover.Penn Center Harrisburg, the former Polyclinic Hospital campus, is being listed at an asking price of $22 million — and with a sketch plan showing the office property as an apartment complex.“I think that the office need in Harrisburg is low,” said Michael […]
The bankruptcy case of Armstrong Flooring is nearing its end.U.S. Bankruptcy Judge Mary Walrath approved the sale yesterday of the company’s North American assets to Mountville-based flooring manufacturer AHF Products and Boston-based Gordon Brothers.An AHF spokesperson said yesterday the company hopes to close on the $107 million deal by next Friday, July 22.Then what: AHF will continue to operate […]
One of the region’s largest residential real estate firms just got larger.As of July 12, Lancaster-based Berkshire Hathaway HomeServices Homesale Realty has absorbed Brownstone Real Estate, adding two offices and 38 agents in Lebanon and Hershey.Terms of the merger were not disclosed.“After 51 years in business, it was important for us to join a company […]
McNees Wallace & Nurick has launched HR Influenced, a subsidiary that will offer HR consulting services under the umbrella of the Harrisburg-based law firm, which also houses a labor and employment legal practice.The new venture is headed by Kristen Evans, an experienced HR executive.Her career includes stints at York-based PACE Resources, Cintas, Harrisburg-based developer Triple […]
After disclosing buyers for some of its operations in North America, Armstrong Flooring has unveiled deals to sell its remaining businesses.In a news release July 11, the company identified buyers for its operations in Australia and China.Who: The Australian assets — including a factory in Braeside, Victoria — are going to a group of companies identified as the Cowes […]
State lawmakers last week delivered a tax cut long sought by Pennsylvania’s business community. But in adopting a $45.2 billion budget on July 8 for the current fiscal year, they left out other sought-after provisions.The headline news is the immediate cut and subsequent phase-down of the state’s corporate net income tax, which had been 9.99%The […]
After two months in bankruptcy, Armstrong Flooring is on the verge of dealing its way out.The Lancaster-based manufacturer said yesterday it has agreed to sell its North American assets to a consortium that includes AHF Products, a former division of Armstrong Flooring.Mountville-based AHF and Boston-based Gordon Brothers have agreed to pay $107 million in cash and assume unspecified liabilities in exchange for […]
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