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Maple Donuts

Maple Donuts has hired a CEO following its sale in June to a consortium of private investors led by Swander Pace Capital. The new chief is Greg Somerville, who worked most recently as president and CEO of Savencia Cheese USA, a subsidiary of a French company. Somerville has more than 25 years of leadership experience in consumer goods, including […]

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Federal shutdown freezes SBA lending

The shutdown of the federal government is stalling a critical pipeline for loans to small businesses. Like the rest of the government, the U.S. Small Business Administration has been closed since Oct. 1. As a result, the agency is unable to formalize its guarantee to repay loans if small-business borrowers cannot.  The guarantees encourage lenders to […]

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Central Pennsylvania Food Bank

The Central Pennsylvania Food Bank. The nonprofit has added two executives to its C-suite. Ted Simes joined the regional food bank in July as COO.  The Lancaster County native worked most recently as a branch manager for logistics and engineering company CTDI. He also was previously director of operations and food safety at Reading-based food ingredient distributor Lentz […]

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Attorney general pushing forward with power-line fight

Pennsylvania’s top lawyer plans to press ahead in a lawsuit over controversial power lines proposed for York and Franklin counties even after a federal court ruled in favor of the company behind the project. The decision by Attorney General Dave Sunday opens a new chapter in the four-year-old legal battle over the power lines, proposed […]

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The YGS Group

Hal Carney has been named chief revenue officer for The YGS Group, a York-based content and communications company. The role oversees revenue growth, margin improvement and other initiatives. Carney worked most recently as executive vice president of the York-Adams region for Orrstown Bank and PeoplesBank, which was acquired by Orrstown last year. Before that, he was a regional […]

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York-based chain opens first VA store

Convenience-store operator Rutter’s has opened its first outpost in Virginia. The York-based company opened a 14,000-square-foot store yesterday in Winchester, a town along Interstate 81 in Virginia’s northernmost corner. It is the 91st location for Rutter’s, which also has stores in Pennsylvania, Maryland and West Virginia. The store features the chain’s new sports bar concept, […]

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Developer plans pocket park in downtown Harrisburg

Nonprofit developer Harristown Development broke ground yesterday on an outdoor event venue, dubbed Coronet Park, at 21 S. Second St. Harristown acquired the property in 2017 when it was the site of a blighted commercial building with a long-vacant eatery known as the Coronet Restaurant. Harristown demolished the building and planned to erect a six-story office. But […]

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Mount Joy packaging maker sold

After more than 40 years in business, the sibling co-founders of a Mount Joy packaging company decided to hand over the reins. Founded in 1983, Phoenix/Packaging has been acquired by Elkhart, Indiana-based Welch Packaging Group Inc.  Welch was not the only buyer interested in Phoenix, according to John Davidson, a co-founder and vice president of marketing for Phoenix, […]

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Camp Hill restaurant proposal, other West Shore projects join hunt for state funds

One of Camp Hill’s most foreboding properties could be the key to a more prosperous future for the West Shore borough’s main commercial thoroughfare. Financial adviser Tony Conte and attorney Brian Hinkle are hoping to convert the former Masonic Temple at 2211 Market St. into a full-service restaurant with liquor license. The project aims to […]

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Lanco firms seek state funds for HQ upgrades, other projects

Some of Lancaster’s highest-profile companies are hoping to persuade state officials that their plans to upgrade corporate headquarters deserve a dose of public funding. Manufacturer Armstrong World Industries, event technology company Clair Global and flooring maker Ecore International are among applicants statewide angling for funds from the Redevelopment Assistance Capital Program, or RACP, a grant program that backs projects statewide. […]

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Investment Real Estate Group of Companies

Sven Ericson has been named district manager for Investment Real Estate Group of Companies, a York-based owner and operator of self-storage facilities. Ericson worked most recently in leadership roles at Self Storage Plus, where he oversaw operational and financial initiatives, and at CubeSmart Self Storage, where he managed multistate portfolios and supported growth through innovation […]

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Partner, investors exit controversial hydro project

A partner and two minority investors have left the partnership spearheading a controversial hydroelectric project in York County, according to documents filed this week with federal regulators. The departures reflect personal decisions rather than any differences of opinion, according to the partnership’s remaining owner, Bill McMahon. Still, McMahon acknowledged that his former partner, Jan Sockel, […]

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Mid Penn Bank

Christina Dinger has been named senior vice president and director of enterprise-wide project management for Mid Penn Bank, the chief operating subsidiary of Harrisburg-based Mid Penn Bancorp. Dinger worked most recently as senior vice president, senior manager II of transformation delivery at M&T Bank, where she directed large-scale programs that advanced growth and operational efficiencies. […]

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Double-digit spike ahead for health plan costs

After warning for months that the cost of Obamacare health plans would be higher next year, Pennsylvania regulators delivered the final numbers this week. The spike for small businesses is not quite as high as the initial forecast, according to the Pennsylvania Insurance Department, which approves the premiums. But the jump is higher than projected […]

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Regional home improvement biz sold

Renewal by Andersen of Central PA, an independently owned retail affiliate of Minnesota-based door and window manufacturer Andersen Corp., has been acquired by another Andersen affiliate, St. Louis-based The Birner Group. Terms of the transaction were not disclosed. The Central PA Andersen affiliate was owned by Joe Zisman, who is retiring after five decades in the industry, […]

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Doceo

Juleen Bixler has been named vice president of operations at Doceo, a York-based business equipment and technology company. A graduate of Central Penn College, Bixler has more than 15 years of experience in the office technology and services sector. “Juleen’s experience and integrity speak for themselves,” John Lewis, Doceo’s CEO and president, said in a […]

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Lancaster developer raising capital, mulling IPO

A Lancaster-based developer has tapped an investment banking firm in a bid to drum up capital and expand its portfolio of projects. Developer Elevare Corp., formerly known as OZFund Inc., hopes to raise $50 million from investors and eventually become a public company, according to its founder and CEO, Jeremy Feakins.  The company’s investment banker is San […]

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Saxton & Stump

Tonya Sulia Goodman has joined Saxton & Stump as a senior counsel in the Lancaster-based law firm’s Pittsburgh office. Goodman worked most recently as deputy criminal chief in the U.S. Attorney’s Office in the Western District of Pennsylvania, where she supervised 34 attorneys and four paralegals and oversaw prosecutions involving white-collar and violent crime, child […]

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