The Jewish Federation of Greater Harrisburg laid off or furloughed about 65 employees at the end of last week as it wrestles with a budget deficit that followed its move to a larger campus. In a letter to its members, the nonprofit cited a combination of factors that undermined its vision for the Alexander Grass Campus […]
More than a decade after expanding production of gummy vitamins at its factory in York County, a New Jersey-based consumer products company is shutting it down. As a result, Church & Dwight Co. Inc. expects to lay off up to 195 people at the plant, which is in West Manchester Township just north of Route 30. Why […]
Tyler Moser has joined the corporate and tax group of McNees Wallace & Nurick in the law firm’s Frederick, Maryland, office. Moser will advise businesses and individuals on transactional tax and corporate matters, with a practice spanning federal corporate, partnership and individual tax issues in connection with mergers, acquisitions, financial instruments, lending transactions, debt and […]
Column by Martin Fedorko For more than a decade, venture capital largely centered on software. Capital flowed toward businesses with
A Harrisburg-area hotel is heading for a sheriff’s sale in June after allegedly defaulting on its debt. The owners of Holiday Inn Harrisburg East in Swatara Township, Dauphin County, a New Jersey-based partnership called Shri Sai Middletown LLC, owe nearly $11.3 million, according to a foreclosure notice filed last fall by its lender, Oregon-based Standard Insurance Co., […]
Dara Royer has been named chief marketing and communications officer of Penn State Health effective June 29. She succeeds Sean Young, who retired in fall 2025. Royer worked most recently as chief marketing officer of Syracuse University in New York. She also has held leadership roles with global nonprofit Mercy Corps and ALSAC/St. Jude Children’s Research Hospital. She […]
It will be no surprise if the Federal Reserve keeps interest rates flat after it ends a two-day meeting today. There is nothing flat about the rest of the economy, with oil prices spiking and U.S. tariffs still above their historical average. The risks, however, are primarily to the downside, according to Jay Hawkins, senior […]
A Pennsylvania court has rebuffed state efforts to tax tobacco products made and sold by a Harrisburg-area vape shop In a 13-page ruling last week, a seven-judge panel of Commonwealth Court acknowledged that East Coast Vapor LLC appeared to be exploiting a loophole in state law. But the remedy is to change the law, not side with […]
Bel Fuse Inc. leased 8,426 square feet of flex space at 1410-1422 Sixth Ave. in York from 6th Avenue LP. David L. Bode of ROCK Commercial Real Estate represented the landlord. Courtney Brooke Rosenkrantz of Cushman & Wakefield represented the tenant. ei studio LLC leased 5,294 square feet of retail space at 3985 Columbia Ave. […]
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 has a way around the obstacles. Critics are saying, “not so fast.” They argue the company’s solution would allow it to bypass others waiting for their chance to connect to […]
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 […]