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Murphy McCormack Capital Advisors

Matthew Reber has been named a managing director at Murphy McCormack Capital Advisors, an M&A advisory firm based in Lewisburg. Reber will provide sell-side, buy-side, valuation and debt advisory services. The firm’s clients include middle-market companies, private equity groups, family offices and independent sponsors. Reber has a bachelor’s degree in finance from Susquehanna University. He worked […]

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West Shore engineering firm sold

Socotec, a French engineering firm with operations around the world, has acquired American Engineers Group, based in Upper Allen Township, Cumberland County.  Founded in 2010 by Vijay Gupta, American Engineers employs about 60 people at four offices in Pennsylvania and Maryland. Following the sale, Gupta has joined the Socotec leadership team, according to a Socotec spokesperson. […]

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Warehaus

Courtney Weaver has been named CFO of Warehaus, a York-based architecture, design and engineering firm. She succeeds Tim Workinger, who left in January to become CFO of York developer Inch & Co. Weaver has more than a decade of financial leadership experience. She worked most recently as controller for Lancaster-based CH+N Site Construction. “Her experience working alongside […]

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Production boost planned at York-area snack plant 

Say hello to Hello Panda. Snack manufacturer Meiji America plans to invest $65 million into its York-area Stauffer’s plant in an effort to boost production of Hello Panda cookies, one of the company’s signature products. Meiji America currently feeds U.S. demand for the cookies from a West Coast plant. But the company wants to bring production capacity to the […]

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Lancaster firm sells stake to investment giant

One of the largest investment firms in the U.S. is buying into a Lancaster County company at the leading edge of trends in energy efficiency. New York-based Blackstone is planning to acquire a majority stake in Advanced Cooling Technologies Inc., whose portfolio includes products that help keep data centers from overheating. Terms of the transaction were not disclosed, […]

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Company to up yogurt processing at Shippensburg plant

A global dairy processor plans to pour nearly $133 million into expansion of a plant in western Cumberland County. Green Bay, Wisconsin-based Schreiber Foods aims to boost yogurt processing at the Shippensburg plant and add at least 47 jobs, according to the Shapiro administration, which is backing the project with a $1 million grant. State […]

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York-area food distributor sold

Reisinger Poultry Inc., a Dallastown-based distributor of poultry, meat and other food service products and supplies, has been acquired by Affiance Partners, a family office representing the Stillman family of Central Pennsylvania. Terms of the transaction were not disclosed Founded in 1950, Reisinger had been owned by Sherry and Frank Kraft since the 1990s, according to […]

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Assets

Maian McCauley has been named CEO of Assets, a Lancaster-based economic development nonprofit. She succeeds Jaime Arroyo, who was elected mayor of Lancaster last fall and took office in January. Andres Zorrilla, Assets’ administration director, had filled in as interim CEO. A Lancaster native, McCauley has more than 14 years of experience in financial services and […]

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Prominent Harrisburg law firm relocating to West Shore

For nearly six decades, McNees Wallace & Nurick has occupied a prime piece of Harrisburg real estate — a nine-story office building overlooking the Susquehanna River. But sometime in 2027, the law firm expects to cross the river into somewhat smaller digs in East Pennsboro Township, Cumberland County. McNees has inked a 20-year lease for a roughly […]

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Geisinger Health Plan

Jeremy Gaskill has been named president of Geisinger Health Plan effective Feb. 23. He succeeds Karen Murphy, who had led the Danville-based insurer since March 2025 after working in other leadership roles at Geisinger. Gaskill joins Geisinger after nearly two decades at health insurer Humana, where he worked most recently as a regional president overseeing nine […]

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Local warehouses sold as part of multistate $575M deal

Warehouses in Cumberland and Franklin counties are changing hands as part of a larger $575 million deal involving a string of 25 warehouses stretching from Connecticut to Florida. The buyer is Radnor-based EQT Real Estate, an active player in the regional market for warehouse space. The seller is Mapletree Investments, a Singapore-based real estate investment firm managing […]

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Saxton & Stump establishes new AI role within the firm

As more organizations explore the practical implementation of machine learning and artificial intelligence models to solve real-world business problems, law firms are taking note. Phil Saunders, the CEO of Relativity, a legal data intelligence company, noted in an interview with Law360 that, “AI has become a defining part of how legal tasks get done.”  Regional […]

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Rock Lititz lands corporate HQ for Nashville campus

Rock Lititz’s Nashville business has snagged an audio equipment manufacturer as the latest tenant for its Rock Nashville campus.  Sennheiser, based in Germany, has tapped the Tennessee campus as the site of its Americas headquarters, which is currently in Old Lyme, Connecticut. The move, representing an investment of $2.5 million, will add at least 25 jobs to […]

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Bank leases new loan office

Presence Bank, a division of Wayne Bank, bank is relocating its capital-area loan office to a leased 2,260-square-foot space at 395 St. John’s Church Road in Hampden Township. The property is owned by Med Comm Properties LLC. The transaction was facilitated by Jessica Gasper and Art Campbell of Lemoyne-based Campbell Commercial Partners. The background: Honesdale-based Wayne Bank acquired Coatesville-based […]

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State funds expand school-to-work programs

The Pennsylvania Department of Labor & Industry is awarding grants of more than $4.1 million to support 17 projects that help students graduate with a clear career path. The grant dollars support partnerships among school districts, career and technical centers, employers, workforce boards and training providers. Regionally, grants were awarded to: Harrisburg Area School District ($250,000) – to […]

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Select Medical co-founder leads consortium in $3.9 billion buyout

Mechanicsburg-based rehab giant Select Medical Corp is going private in a buyout deal valued at $3.9 billion.  The buyer is a consortium led by Select Medical co-founder and executive chairman Robert Ortenzio; Martin F. Jackson, Select Medical’s senior executive vice president of strategic finance and operations; and private equity firm Welsh Carson Anderson & Stowe.  The buyout prices outstanding shares […]

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Pennsylvania gets a slice of $100M Walmart settlement

Walmart has reached a $100 million settlement in a multistate complaint over compensation for delivery drivers in its eight-year-old Spark Driver Program. Pennsylvania Attorney General Dave Sunday was part of a bipartisan group of attorneys general and the Federal Trade Commission that pressed the complaint, according to a press release. The settlement, filed on Feb 26, resolved allegations […]

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York-based community theater restructuring

Lyn Bergdoll, executive director of Creative York, will step up to lead The Belmont Theatre as the two nonprofit organizations enter into a managerial and administrative agreement to be run by Creative York. “We are excited about the opportunities this collaboration will have for both organizations,” shares Bergdoll. “Creative York artists have an opportunity to […]

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