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Report finds signs of ponzi scheme at Heller ATM business

Business owner Daryl Heller has blamed several factors for the collapse of Paramount Management Group, the Lancaster-based ATM network that imploded last year in a morass of lawsuits. Those factors include rising interest rates, declining ATM usage and tighter regulatory requirements for the cash-dispensing machines, according to a report released this week by an examiner appointed […]

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Boyer & Ritter

Regional accounting and consulting firm Boyer & Ritter has hired eight associates, including three who previously interned with the firm and two who have accounting experience working with businesses, nonprofits and governmental entities. Madison Bucher has a bachelor’s degree in accounting with a minor in economics and a master’s degree in accounting from Bloomsburg University. […]

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Harrisburg offices sell ahead of planned conversion

Another office property in downtown Harrisburg is slated for conversion to apartments.  Breneman Properties LLC, headed by former Penn State football-player-turned entrepreneur Adam Breneman, paid $370,000 for the 8,300-square-foot property at 315 N. Second St., according to county deed records. The three-building property was previously owned by the Pennsylvania Health Care Association, which represents nursing homes, […]

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Ephrata bank buying Maryland lender

After years of steady growth in Lancaster, Lebanon and Berks counties, the parent of Ephrata National Bank is crossing state lines. ENB Financial Corp. said yesterday it agreed to buy Cecil Bancorp, a small bank in northeastern Maryland. The cash deal, valued at $30.8 million, is the first bank acquisition in ENB’s history, which stretches back to 1881. […]

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Choices Healthcare

Michael Link has been named president and CEO of Choices Healthcare, a regional hospice provider, effective Oct. 1. He is succeeding Steve Knaub, who is retiring this year after leading the Lancaster-based nonprofit since 2014. Link joined what was then called Hospice of Lancaster County in 2001 as an information systems trainer. He advanced into leadership roles, most recently as […]

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Car wash chain shells out $1.9M for East York site

Shiny Shell Carwash, one of several car wash chains spreading across Central Pennsylvania over the last few year, is planning to open a car wash in Springettsbury Township, York County. The Utah-based company paid $1.925 million in June for two acres at 3021 E. Market St., site of a shuttered motel known as Barnhart’s Inn. The company […]

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Data center plans provoke debate over impact, process

At a meeting last night, developers shared more details on their plans for a $15 billion data center complex near Carlisle. Residents shared a barrage of doubts. Over two hours, they questioned how much water and electricity the centers would use. They questioned how the developers picked the 700-acre tract of farmland in Middlesex Township where […]

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McNees Wallace & Nurick

Amara Riley has joined the litigation group in the Lancaster office of McNees Wallace & Nurick. Riley brings more than 15 years of government and public sector experience. Before joining McNees, she was an attorney advisor for the U.S. Department of Justice’s Executive Office for Immigration Review. She also gained trial and appellate experience as […]

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East York plaza sold

A local investment group doing business as East Market Street Plaza RE LLC paid $3.4 million for East Market Street Plaza in Springettsbury Township, York County, according to agents with York-based real estate firm Bennett Williams Commercial. The 18,650-square-foot retail strip at 3915 E. Market St. had been owned by a Lancaster-based partnership called East Market Street Group LLC, […]

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Firm consolidating in former TE/AMP plant

When electrical components manufacturer SESCO outgrew its Mont Alto plant in the mid-2010s, the company leased a second facility in Waynesboro. The company has operated in both buildings for a decade, according to SESCO founder, owner and president David Souders. But now, SESCO’s 87 employees are poised for a reunion. The company is buying a former TE Connectivity plant […]

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York County Community Foundation

The York County Community Foundation has hired three staff members. Courtney Taylor has been named to a new position of grants program officer, community partnerships. She will coordinate with the York County Nonprofit Collaborative, a coalition of funders and nonprofit representatives dedicated to advancing the key priorities of the nonprofit sector, including leadership development and […]

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Former furniture factory sold

A New Jersey-based investment group operating as Hanover Realty LLC bought a roughly 132,000-square-foot building at 433 Ridge Ave. in Hanover, according to Lemoyne-based real estate firm NAI CIR. The firm’s Nik Sgagias and Tony Plakas facilitated the transaction, which took place via the Ten-X Auction site. Sgagias said Hanover Realty plans to market the building for […]

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Investor ups stake in Harrisburg bank

A family trust affiliated with George E. Norcross III, a New Jersey business leader and political power broker, has been steadily boosting its stake in Harrisburg-based Mid Penn Bancorp as the bank expands in Philadelphia and New Jersey. Indiana Pacific General Trust, whose beneficiaries are Norcross’s son and daughter, disclosed last year that it held a 6.2% stake […]

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Manufacturer buys playgrounds specialist

Lancaster-based flooring maker Ecore International has purchased an Ohio-based company that specializes in playground surfacing. Based in Copley, Ohio, near Akron, Pro-Techs Surfacing LLC sells, designs and installs the surfacing.  Terms of the transaction — Ecore’s second in as many months — were not disclosed. Pro-Techs, which employs 22 people, does no manufacturing. But the company’s sales and installation […]

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Herbert Rowland & Grubic Inc.

Ryan Albright has been promoted to chief marketing officer at Herbert Rowland & Grubic Inc. a new role for the regional engineering firm. Albright, who has worked at HRG since 2014, had been director of marketing. In his new role, reporting to the firm’s CEO, he will align HRG’s marketing channel with broader strategic business […]

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Former controller accused of theft from regional business

A woman who worked as a senior controller at York-based Kinsley Enterprises allegedly funneled more than $95,000 from the company into an account for a Lancaster-area restaurant she and her husband own, according to an affidavit of probable cause filed by Pennsylvania State Police. The woman, Kathryn Khuc of Red Lion, allegedly disguised the payments so they […]

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