State authorities on Friday disclosed what they say was a widespread bank-fraud operation in Central Pennsylvania that drained nearly $2 million from the accounts of
The city of Harrisburg spent about $150 million on contracts for goods and services between 2017 and 2021.Slightly more than 7% of the total went to Black-, women- veteran-, and other minority-owned contractors, according to estimates in a study published last fall on contracting disparities in Pennsylvania’s capital. If spending had been in line with the […]
Can Central Pennsylvania become a hub for innovations in telemedicine and other health care technologies?That’s the hope of a new consortium coming together to craft a plan for getting us there. The group includes a who’s who of local economic development agencies, health systems, colleges and private-sector players, including Lancaster-based Emerald Asset Management and Siemens Medical Solutions USA. But […]
A subsidiary of the Cumberland Area Economic Development Corp. is exploring an acquisition of a recently shuttered Carlisle factory.The subsidiary, called the Real Estate Collaborative LLC, has signed a letter of intent to buy the plant formerly operated by The Frog, Switch & Manufacturing Co. at 800 E. High St. in the Cumberland County borough. But first, the […]
A Harrisburg-area financial advisory has joined the wave of consolidation washing over the industry.Comprehensive Financial Associates, based in Susquehanna Township, has been acquired by insurance and benefits brokerage AssuredPartners, according to a press release from Wise Rhino Group, the M&A firm that advised Comprehensive Financial. Terms of the transaction were not disclosed. But it also includes an […]
Two Lancaster-based digital marketing agencies have come together as one. But for now, they are continuing to operate under their existing names.The firms are YDOP and WTM Digital, which offer similar services but for different clients. YDOP, which trademarked the term “near-user marketing,” works primarily with companies around ther U.S. seeking locally focused digital marketing. WTM Digital, formerly […]
Kinsley Properties and Royal Square Development & Construction have formed a joint venture to convert a vacant office building in downtown York into a 43-unit apartment.The 38,000 square-foot building is the former Fox Bakery at 204 N. George St., not far from WellSpan Park. Construction on the $7 million project began this week and is expected to wrap up […]
Rising interest rates. A push back to the office. The boom in ecommerce and warehousing.Plenty of factors are influencing the real estate market nationally. But what is the market like locally?John Birkeland of Rock Commercial Real Estate, Jason Phillips of Coldwell Banker Realty and Shanna Terroso, CEO of the Realtors Association of York and Adams […]
Two years after christening a brand-new headquarters in Cumberland County, West Shore Home has opened its third corporate office.This one is an 82,000 square facility in the Dallas suburb of Irving, Texas, that includes office space for more than 120 employees. “West Shore Home is growing at an explosive rate and this is the next step in our goal to […]
At a meeting June 6, York city council approved plans for a 140-unit apartment building in part of an area known as the Northwest Triangle, a zone that has long been targeted for redevelopment.The plans were pitched by Statewide Partners LLC, a regional developer with offices in Harrisburg and York. “We think that this project is the first […]
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