Facing a roadblock in its quest to restart and reconnect a nuclear generator on Three Mile Island by next year, the plant’s Baltimore-based owner thinks it
Christopher Reber interviewed for other leadership roles in higher education. But he could not turn down the offer from an institution close to his hometown of York. He accepted a job this month as president of Harrisburg University of Science and Technology, an institution that has struggled financially but that Reber believes holds lots of potential. […]
Chad Carroll has been named president of F&M Trust in addition to his current job as COO. The president role had been held by CEO Craig Best, who will remain chief executive of the Chambersburg-based bank. Carroll joined F&M Trust in 2023 as COO following a stint as chief administrative officer and consumer banking director […]
State banking regulators have scored a victory in their long-running quest to penalize an out-of-state lender for charging allegedly excessive interest rates. In a 17-page ruling this week, a three-judge panel of Commonwealth Court refused to intervene in regulatory proceedings that could result in a $52.7 million civil penalty for the lender, Carrollton, Texas-based TitleMax. Efforts […]
Laurie Peer plans to retire at the end of this year from her role as president of RKL Private Wealth, the wealth management division of Lancaster-based professional services firm RKL LLP. She will be succeeded as president by David Morais, effective Sept. 1. Tom Reardon will become the division’s executive vice president at the same time. […]
Dillsburg Roofing Siding and Windows LLC paid $850,000 for approximately 9,055 square feet of flex space spanning several buildings at 8011 Paxton St. in Harrisburg, according to county deed records. Larry Kostelac of Campbell Commercial Partners represented the seller, Landpro Equipment LLC. Laura Martin of SVN Latus represented the buyer. Huang Investments LLC paid $560,000 […]
Thomas Englerth II has been named president of Site Design Concepts Inc., a York-based civil engineering and land surveying firm with an office in Lancaster. He succeeds Brad Peters, who founded the firm and led it for 30 years. Peters plans to retain his role as CEO, with a focus on strategic oversight and staff mentorship. […]
High premiums have squeezed enrollment this year in health insurance plans sold in Pennsylvania under the Affordable Care Act, a federal law designed to make individual health plans easier to afford. The decline has been attributed primarily to the expiration of enhanced federal tax credits that lowered premiums for thousands of people. Other federal credits remain […]
A major defense contractor has agreed to buy Precision Components Group LLC, a storied York manufacturer with a foot in the nuclear power industry. Indeed, Precision’s nuclear business is part of the attraction for the buyer, Lynchburg, Virginia-based BWX Technologies Inc., or BWXT, which supplies nuclear components and fuel to the U.S. Navy and commercial reactors. Precision’s products […]
Daniel Devine has joined Mid Penn Bank as senior vice president and senior cash management operations and product manager. Devine will lead operations for the bank’s cash management team and support product initiatives from the bank’s administrative office in Harrisburg. He reports to COO Dana Stewart. He worked most recently as senior vice president and […]