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 […]
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 […]
After converting a former bakery into apartments, a pair of developers are moving on to their next residential conversion in York city. Kinsley Properties and Royal Square are collaborating on a roughly $5.1 million project to transform what was once a refrigerated warehouse into 20 affordable one-bedroom apartments. The project also calls for about 750 square feet of street-level […]
In an order signed last week, a federal judge approved the bankruptcy sale of Harrisburg Dairies. A New Jersey-based company called Patanjali Dairy USA LLC is paying $4.95 million for the Harrisburg Dairies real estate at 2001 Herr St. in the capital city, the company’s equipment and machinery, and rights to use the Harrisburg Dairies name, according to […]
A Las Vegas lender is pursuing a sheriff’s sale of the Harrisburg Midtown Arts Center alleging that the partnership that owns the music venue has made only sporadic payments on a $3.72 million loan it took out in 2019. The partnership, 1110 HBG LLC, repaid nearly $400,000 between 2019 and 2021 but nothing since, according to a foreclosure […]
Funk Construction kicked off construction yesterday at the site of a former Bethlehem Steel factory complex in Lebanon. The Lebanon-based contractor is partnering with developer common craft to renovate a former warehouse at 121 Schneider Drive in the city. The project will result in a 30,000-square-foot building dubbed Lebanon Steel Works, offering affordable space for local artists, craftspeople and […]
Mike Walsh has been named CEO of Keystone, an insurance brokerage platform based in Mechanicsburg. The promotion formalizes a succession plan the company announced in December. He succeeds Patrick Kinney, who will join Keystone’s board. Walsh, who became Keystone’s president in January, worked previously as president of commercial property and casualty at NFP, a subsidiary of insurance […]
A state House panel has approved legislation mandating the use of special software for businesses that are behind on their sales taxes. The legislation, House Bill 2300, cleared the House Finance Committee yesterday on a bipartisan vote of 23 to 3. The bill would authorize state tax collectors to mandate use of software that enables real-time […]
Mad Bridge Plumbing LLC, operating as 1 Tom Plumber, leased flex space at 3319 Derry St. in Harrisburg. The lease marks the company’s fifth location in Pennsylvania and one of nearly 65 nationwide. Amber Corbo of NAI CIR facilitated the transaction. A Community of Blessings leased 1,200 square feet of office space at 160 S. […]
Peter Kramer has joined McNees Wallace & Nurick‘s real estate group in the law firm’s Harrisburg office. Kramer represents residential, industrial and commercial property owners, developers and business owners in transactional and land use and zoning matters. He advises clients on zoning, subdivision and land development, development approvals, permitting, purchase and sale agreements, leases and […]