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Banking & Finance

Scranton-area bank eyes first Lanco branch

A Scranton-area bank is seeking permission to open what would be its first branch in Lancaster County, according to a regulatory update from the Pennsylvania Department of Banking and Securities. Dunmore-based Peoples Security Bank & Trust Co. is looking to open the branch at 2343 Oregon Pike in Manheim Township, on the site of a retail plaza […]

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One year later: Nonprofit startup poised for major milestone

Just over a year ago, Drew Mousetis began pitching the idea of direct employee ownership to anyone willing to listen. Now, he and the Lancaster-based nonprofit he leads, the Tandem Center for Shared Business Success, are poised to land their first convert. “There’s a lot of buzz out there about Tandem, and people want to […]

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Report: Heller firm double-sold ATMs

Paramount Management Group, the defunct Lancaster-based ATM network headed by Daryl Heller, sold and resold the same ATMs to the network’s investors, accounting for sales of nearly $22 million, according to a report filed yesterday by a court-appointed examiner in Heller’s bankruptcy case. The report appears to bolster investors’ allegations that they were defrauded by Heller […]

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Judge offers temporary cease-fire in loan fight between bank, flooring firm

After listening to both sides of a loan dispute yesterday morning, a Dauphin County judge outlined a potential truce and asked attorneys to put it in writing. Harrisburg-area flooring supplier Frontier Surfaces claims it is on the brink of financial collapse following efforts by regional lender Mid Penn Bancorp to collect on a $4 million loan to the company. […]

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Flooring firm levels new charges in loan dispute

A regional bank allegedly relied on false premises to seize $1.6 million in inventory from a Harrisburg-area flooring company, according to a legal complaint filed by the company against the bank. The complaint, filed last week in Dauphin County court against Mid Penn Bank, is the latest salvo in a dispute over an alleged loan default by […]

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State House moving bill for government-run retirement savings

State lawmakers are taking another run at creating a state-backed retirement program for private-sector workers. Similar legislation cleared the Democratic-controlled House in 2023 but failed to move in the GOP-led Senate. The House is once again on the cusp of passing the legislation following its approval on Tuesday in a party-line vote by the House Commerce […]

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Shapiro reboots state efforts to fight financial fraud amid federal cuts

Citing federal pullbacks in the area of consumer protection, the Shapiro administation yesterday unveiled a new hotline, website and email address for complaining about banks, insurers, student lenders and other financial services providers. State residents can now call 1-866-PACOMPLAINT, visit pa.gov/consumer or email [email protected] to report their concerns. Pennsylvania has its own set of laws designed to […]

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State authority backs fund focused on life sciences 

A state authority is awarding $2 million to a new venture capital fund that aims to sink the money into Pennsylvania’s life sciences sector, an area that state officials have targeted for growth. The fund is Neovate Life Sciences GP 1 LLC, launched by Neovate Capital Partners, which has offices in Pittsburgh, London, Boulder, Colorado, and New […]

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Chase Bank lines up another capital-area branch

As it seeks to boost its retail base nationwide, Chase Bank is planning to open its third office in the Harrisburg area. The branch is slated to open this fall at 2323 Linglestown Road in Susquehanna Township, a Chase spokesperson confirmed, saying more details would be available as the opening date approaches. The New York-based bank, an […]

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Economic uncertainty weighs on regional M&A 

Regional dealmakers came to life in the second half of 2024 as interest rates came down.  Nonetheless, the volume of mergers and acquisitions in Central and southeastern Pennsylvania fell last year for the third year in a row, according to an annual report by professional services firm RKL LLP.  This year began on an active note, according […]

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‘We can’t stand still’: Growth-minded bank passing baton to new leader

During the 34 years he’s been a board member at F&M Trust, G. Warren Elliott has seen “too many” community banks disappear in mergers and acquisitions. Elliott, F&M Trust’s chairman since 2012, does not want the Chambersburg-based bank to join their ranks, but he knows the lender will have to work to preserve its independence. […]

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Feds indict York tax preparer on bank fraud

A York tax preparer is facing charges for allegedly falsifying applications from businesses seeking loans under an emergency federal program designed to help businesses meet payroll after the Covid-19 pandemic tanked the economy in early 2020.  The U.S. Attorney’s office in Harrisburg has indicated tax preparer Dommonick T. Chatman on 20 counts of bank fraud […]

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Trump order targets funding for nonprofit community lenders

Finanta, a nonprofit based in Lancaster, is expecting millions of dollars from the federal government this year to further its mission, which includes lending to businesses in poor communities. But the federal fund that provides those dollars is among several programs targeted for cuts or possible elimination under an executive order issued late Friday by President […]

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Central PA bank-fraud ring busted

State police broke up a bank-fraud ring that drained more than $3 million from accounts of customers at Members 1st Federal Credit Union, according to a criminal complaint filed in a Cumberland County magisterial district. The credit union, based in Hampden Township, Cumberland County, reimbursed the losses suffered by its members. News of the bust came […]

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Regional bank resets succession plan

After an early retirement scuttled its CEO succession plans last year, Orrstown Financial Services is back on track. The regional bank named a longtime executive, Adam Metz, as the successor to president and CEO Tom Quinn, who is slated to retire next year. Metz, Orrstown’s chief revenue officer since 2019, has been promoted to senior executive vice […]

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Construction

Perry County concrete plants sold 

A pair of concrete plants in Perry County are under new ownership.  Bedford County-based New Enterprise Stone & Lime Co. Inc. bought the Duncannon-area plants as part of its acquisition of Marstellar Holding Co., which also owned a heating oil delivery business. Both Marstellar Concrete and Marstellar Oil are now part of New Enterprise, according to a person who answered the phone […]

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Plastics recycler cleans up at York ballpark

Fans at WellSpan Park this summer found new places to pitch their plastic spoons, water bottles and other plastic items. The home of the York Revolution baseball team set up bins to collect plastics under a partnership with CRDC Materials, a Costa Rica-based plastics recycler with an operation in York city.  CRDC takes the plastic to its plant, shreds […]

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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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Lanco contractor taps new prez amid family ownership transition

A Lancaster County contractor is under new leadership as it transitions to the next generation of family owners. Speedwell Construction Inc., based in Penn Township, Lancaster County, has promoted Jon Sensenig to president. Sensenig, who joined Speedwell 10 years ago, worked most recently as vice president of design/build. He succeeds company owners Keith Ebersole, and […]

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Contractor fires back in suit over concrete for hospital project

A contractor is disputing claims it’s liable for defective concrete used during construction of a new hospital tower in York. The contractor, New Holland-based Stief Concrete Work Inc., denies the claims, which were raised in a lawsuit filed in May by York-based Kinsley Construction LLC.  Kinsley claims it’s owed $935,000 for the concrete, which the company delivered for […]

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West Shore engineering firm acquired

Aiming for a bigger slice of business in Pennsylvania, an Ohio-based engineering firm has acquired Dawood Engineering, a firm based on the West Shore. The deal brings together two companies with complementary services and creates opportunities to build on them, according to Neil Churman, president and CEO of the Ohio-based buyer, Woolpert.  Woolpert, for example, has a […]

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New owners, new outlook for Lancaster contractor

Aimee Deraco hesitated when she was first approached about becoming chief executive of Brubaker Inc., a family-owned contractor in Lancaster County that was mulling a transition to employee ownership. She wasn’t sure, at first, what role would be played by the company’s then-owners, brothers Dave, Don and Gerry Brubaker. They had taken over the company […]

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Demo approved, sites confirmed for Lancaster data centers

The dust is still settling on the flurry of announcements for massive data and energy projects proposed this week for Pennsylvania.  Actual dust could soon start flying on one of those projects — a $6 billion data center investment in Lancaster. The city has issued demolition permits for the first phase of the project, according […]

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Feds charge fired West Shore Home VP with extortion

A vice president overseeing supply chains for Mechanicsburg-based West Shore Home LLC allegedly tried to extort a severance payment from the company after he was fired, according to a federal criminal complaint filed by the U.S. Attorney’s office and a civil lawsuit filed by the company. The home improvement company fired the VP, Bryan Chapman, in August […]

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Firm eyes hotel use in part of former York-area hospital

The developer that converted the former Memorial Hospital in suburban York into apartments is asking Spring Garden Township to allow a hotel/motel use in a portion of the building, according to a zoning application before the township. In a zoning request for a special exception, BHI Properties LLC said it wants to create a hotel […]

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Court ruling freezes bidding on state lab project

A state appeals court has halted the bidding process for work on a $325 million state laboratory near Harrisburg after a builders group challenged a labor requirement attached to the project. The requirement, known as a project labor agreement, would require contractors to use mostly union workers. But the Lancaster County-based Keystone chapter of the Associated Builders […]

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PE-backed firm scoops up West Shore utility contractor

A firm sponsored by private equity has purchased JMF Underground, a West Shore contractor that specializes in repair and maintenance of underground utility infrastructure. The Mechanicsburg-based contractor is now a part of Ohio-based Delphi Infrastructure Group, which is backed by MPE Partners, a private equity firm with offices in Boston and Cleveland. Terms of the transaction were not […]

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Zoning change accommodates data center plans

A $15 billion data center project proposed for rural Cumberland County cleared a crucial hurdle. At a meeting Friday morning, supervisors in Middlesex Township approved an ordinance creating a special zone where data centers are allowed — an agricultural tract of roughly 700 acres along Country Club Road and the Conodoguinet Creek. The ordinance incorporates […]

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Economy

What would it take to end PA taxes on overtime?

President-elect Donald Trump made hay during the campaign with pledges to end taxes on tips and overtime pay.  It’s unclear whether the proposals will gain traction in the U.S. Congress, given their potential cost. But the debate is likely to play out in Harrisburg, as well. In recent weeks, Pennsylvania lawmakers have floated proposals to […]

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DoorDash touts results of pilot benefits program for PA drivers

App-based food-delivery service DoorDash disclosed yesterday the results of a pilot benefits program introduced for the company’s Pennsylvania drivers. The program addresses concerns that independent contractors such as DoorDash drivers lack the workplace benefits enjoyed by employees, such as retirement plans and health insurance. Under the program, the company has been contributing 4% of eligible drivers’ […]

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Palmyra-based distributor cutting HQ, warehouse staff

A Palmyra-based specialty distributor plans to lay off about 100 people working at three locations in Lancaster and Lebanon counties by the end of this year. The move stems from an expected decline in business and resulting corporate restructuring, according to a layoff notice from the company, DAS Companies Inc.  Efforts to reach the company yesterday […]

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Ports strike could spell supply-chain pain

Companies in Central Pennsylvania and beyond are bracing for a strike that could upend supply chains across the U.S. Workers who load and unload cargo at ports on the East and Gulf Coasts are poised to go on strike at midnight tonight, an outcome that looks increasingly likely to Peggy Stewart, international operations officer for Nexterus, […]

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Fed rate cut seen locally as positive signal 

Yesterday’s half-point cut to interest rates will make businesses more comfortable with borrowing, particularly if they have an immediate need to spend. However, others may continue to hold off, anticipating further rate cuts and awaiting the outcome of the presidential election in November. That’s the view of local financial executives who spoke yesterday with biznewsPA […]

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Amid childcare shortage, Hanover nonprofit plans to boost capacity with new building

Amid widespread concerns about a shortage of childcare for working parents in Pennsylvania, the Hanover YWCA is aiming to expand its capacity and shrink its waiting list for spaces. The nonprofit is in the midst of a capital campaign to raise $10 million that will support construction of a new, three-story childcare center at the corner of […]

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Rail stoppage to ripple through PA, though end is in sight

Supply chain troubles are back in the news, thanks to the shutdown this week of two major Canadian freight railroads amid conflict between labor and management.  It’s unclear how long the stoppage will last and what the economic impact will be, though the Canadian government moved yesterday afternoon to get trains back on track. Nonetheless, ripples […]

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County economic post ‘a very hard opportunity to pass up’

The state-funded walkway connecting a public park to the Main Street of a small Montgomery County borough was not a big project. But the project and the community’s positive reaction were enough to hook Greg Welker on the world of economic development. “It really spoke to me,” said Welker, who was then working for the […]

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New overtime rules poised to take effect amid legal challenges

Barring any last-minute legal complications, employers may be paying overtime to more workers starting Monday. July 1 is the date a federal rule lifting the salary threshold for overtime eligibility is scheduled to take effect. Issued by the U.S. Department of Labor, the rule bumps the threshold to $43,888 per year, up from the current […]

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New funds aim to chip away at childcare shortage

Framing the challenge of finding childcare as a critical issue for employers, York-area business and nonprofit leaders yesterday unveiled a new program designed to encourage fresh thinking on the years-old problem. The program, called Every Child Has Opportunities, or ECHO, plans to dole out $700,000 in grants this spring to expand the number of home-based childcare […]

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Report: Region’s tourist trade erases pandemic losses

The Covid-19 pandemic emptied out the region’s amusement parks and Amish attractions. But by 2022, the tourists had returned, and then some. That’s the conclusion to be drawn from the most recent annual report of the Pennsylvania Tourism Office. Spending in what the state calls the Dutch Country Roads region hit nearly $9.4 billion in 2022, up […]

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PA job growth slows but labor market still tight

After two years of explosive, post-pandemic growth, Pennsylvania’s job growth is returning to its pre-pandemic form. Revised numbers indicate the state’s employers added roughly 80,800 jobs in 2023, though the numbers could be revised further, according to L&I. That compares with six-figure growth in 2021 and 2022, when the economy was recovering from the depths of […]

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Guv pitches new strategy for PA economy

Gov. Josh Shapiro laid out a vision for jumpstarting economic development in Pennsylvania during an address yesterday at OraSure Technologies, a medical diagnostics company in Bethlehem The 52-page strategy includes a mix of new funding, a focus on key industries and a series of other steps designed to make Pennsylvania more competitive in retaining and attracting workers and […]

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Retailer to shutter York-area warehouse

Workers at a York-area distribution center are the latest casualties in GameStop‘s effort to cut costs and rebuild profits. The Texas-based video-game retailer is planning to shutter its 700,000 square-foot warehouse at 20 Leo Lane in Manchester Township and lay off the 155 people who work there, according to a notice sent this week to state […]

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Carlisle-area warehouse linked to Apple set to close

A Carlisle-area warehouse that has served as a destination for Apple products is slated to close in March, idling nearly 500 workers. German company DB Schenker told state and local officials this week it plans to close the warehouse at 45 Logistics Drive in South Middletown Township. In a statement, a company spokesperson cited the expiration of a customer […]

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Contractor to lay off workers at Amazon sites

A vendor is laying off nearly 300 workers after Amazon ended its contract to provide janitorial and facilities services to eight of the ecommerce giant’s warehouses in Pennsylvania, including four in Cumberland and York counties, according to a notice filed with the state. South Carolina-based Newbold Services LLC plans to lay off 294 people as of March 5, according […]

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entrepreneurship

Lancaster manufacturer stakes growth on acquisitions, innovations in outdoor gear

When Tom “Dutch” Ressler strung up his first hammock during a through-hike on the Appalachian Trail in 2003, the equipment he carried was not always optimal. “Staying dry was a challenge,” he said. So, when he returned home to Lancaster, Ressler started fashioning his own gear. The DIY adventure led him to launch his own […]

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Lancaster software startup merges with industry peer

In a union billed as a merger of complementary technologies, Lancaster-based software startup AutoOps has joined with Boston-based Steer, which develops and sells customer relationship management software to auto repair shops. Terms of the transaction were not disclosed, but Steer plans to retain the leaders, employees and office of AutoOps, which makes software for scheduling auto repairs, according […]

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Building a national brand from a West Shore base

Soon after founding West Shore Home nearly 20 years ago, B.J. Werzyn envisioned turning the home-remodeling business into a nationwide brand. It was not a vision that was readily embraced, given the company’s humble beginnings in an industry long dominated by local contractors. “When you’re one location here in Mechanicsburg, Pennsylvania, with 50 employees and […]

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Lanco startup builds on viral moment: ‘You don’t want it to just be that’

When you’re shipping a $100,000 engagement ring, you don’t take any chances. That’s how Simone Kendle found herself on a plane to Toronto over the Memorial Day weekend. “Delivery person” may not be part of the job description for Kendle, the CEO of Wove, a startup custom jewelry company founded and based in Lancaster. And […]

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PE firm backs spinoff from York IT company

John Dolmetsch believed wireless connectivity would become a staple of modern life. He just didn’t expect it would happen so quickly. “Literally, it’s an explosion,” said Dolmetsch, who in 1992 co-founded York-based IT firm Business Information Group, aka BIG, with his brother, Scott. In a bid to take advantage of that growth, John Dolmetsch partnered this […]

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Lancaster nonprofit names first top exec

The Tandem Center for Shared Business Success, a Lancaster-based nonprofit focused on employee ownership and profit sharing, has hired Drew Mousetis as its first executive director, effective May 20, The nonprofit was founded last year by Chip Cargas, founder of Lancaster-based software company Cargas. Mousetis worked most recently as a lead consultant at Cargas, an employee-owned […]

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Deal for Lanco tiny-homes startup changes shape

The potential buyers of a Lancaster County-based tiny-homes company are taking a new tack. Chase Packaging Corp., a New Jersey-based shell company, had been planning to take Tiny Estates LLC and two related entities public through a merger. The companies are led by CEO Abby Shank, a former KPMG auditor who started a tiny-home community outside Elizabethtown in 2018. But […]

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For Lititz VR firm, sale is path to scale

After striking a deal with ViacomCBS, now Paramount, Lititz-based MajorMega created a virtual-reality game based on popular cartoon character SpongeBob SquarePants and the undersea world of Bikini Bottom. The two-person arcade game debuted at a convention in Orlando, Florida, said Michael Bridgman, a co-founder of the gaming company. “It was really well-received and we got […]

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Statewide venture fund makes first investments

Four months after taking the field, a statewide venture fund is taking its first shots. The so-called GO PA Fund has invested in two companies, a financial technology firm based in Swarthmore and an advertising tech company based in New York, albeit with roots and some operations in Philadelphia. The fintech company is LoanStar Technologies, which […]

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Edtech startup hires revenue chief

TEAMology, an education technology startup based in Chambersburg, has hired Gretchen Thompson as its first-ever chief revenue officer, where she will lead sales, business development, strategic partnerships and marketing initiatives. Thompson has held sales, marketing and leadership positions for a number of education-related startups, including ClassLink, Qwizdom and Vizzle. She worked most recently for Baltimore-based Allovue, which developed finance software […]

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Growing Lititz firm adds minority investor

The Benecon Group, has sold a minority stake to the private equity arm of New York-based investment giant Neuberger Berman. Terms of the transaction — described as “a significant minority investment” — were not disclosed. A Neuberger spokesperson declined to comment beyond the press release. Neuberger joins an ownership group that includes majority owner TA Associates, a Boston-based private […]

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Deal could take Lanco tiny-home firms public

A tiny-home startup in Lancaster County is poised for the big time. A publicly traded shell company has agreed to buy Tiny Estates LLC and two related companies, Endeavor Tiny Homes LLC and Tiny Communities Fund LLC.  The companies are led by CEO Abby Shank, a former KPMG auditor-turned-entrepreneur who started a tiny-home community outside Elizabethtown in 2018. Shank, who went on to […]

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New PA venture fund in the works

Two regional venture capital firms are joining forces to raise a new investment fund that will funnel early-stage capital to startups across Pennsylvania, with a focus on rural areas of the state. State College-based 1855 Capital and York-based White Rose Ventures hope to raise about $40 million for the new fund, dubbed Keystone Innovation Fund II, which they will co-manage. […]

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VC firms land government funding

State officials are directing federal funds toward venture capital firms they hope can jumpstart early-stage tech companies in Pennsylvania. The firms are Allegheny County-based BTVC Fund I LLP, which is receiving $1.5 million, and Atlanta-based Metallum Ventures LP, which is getting $2.25 million. The funding, announced yesterday, comes from the State Small Business Credit Initiative, a federal program that […]

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Hotel company Hersha poised to go private

A publicly traded hotel company founded in Harrisburg is going private in a deal valued at roughly $1.4 billion. Hersha Hospitality Trust, now based in Philadelphia, has agreed to be acquired by KSL Capital Partners, a Denver-based private equity firm that specializes in travel and leisure businesses. Under the deal, KSL is paying $10 per share […]

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Food

McNees Wallace & Nurick

Dominique Hall has joined the Frederick, Maryland, office of Harrisburg-based McNees Wallace & Nurick as part of the law firm’s litigation group. Hall previously worked at a law firm Washington, D.C., where she focused on trial-level disputes for corporate and consumer protection cases. She has a law degree from Howard University School of Law and […]

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Pizza chain clears hurdle to opening in Lancaster area

Grotto Pizza is buying a liquor license for its new location at 1515 Lititz Pike in Manheim Township, Lancaster County, its first spot in Central Pennsylvania. The license — attached to a shuttered eatery in Lancaster city called Queen 6-Pak Restaurant — is currently in safekeeping, which allows a licensee to hold onto a license that is […]

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Settlement reached in lawsuit over work at hospital tower

Regional contractors have settled a lawsuit over allegedly defective concrete used during construction of a new hospital tower in York.  York-based Kinsley Construction initiated the lawsuit in York County court last spring, claiming that other contractors refused to pay the company after it provided concrete for the foundation of a surgical tower under construction at WellSpan York Hospital, the […]

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Caution greets tariff whiplash in wake of court ruling

As tariffs went up throughout 2025, sales went down for JLS Automation, a York County company that assembles automated packaging lines for the food industry. The company is expecting a rebound in 2026. But the comeback faces renewed uncertainty after a Supreme Court ruling Friday that struck down the bulk of President Donald Trump’s tariff regime.  […]

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Armstrong World Industries Inc.

Jessica Cicali has been named senior vice president, general counsel and secretary for Armstrong World Industries Inc. effective April 1. Cicali, who also will oversee Armstrong’s sustainability and government relations efforts, is succeeding Austin So. He is leaving the company in April after a four-year tenure. Cicali has more than two decades of legal and […]

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Beyond bankruptcy: Cookie entrepreneurs pin hopes on protein, ice cream, ecommerce

In fall 2024, Doug and Sara Taylor traveled to Philadelphia to open the first of two stores in the city for their Lancaster-based cookie company, Taylor Chip. The stores were opening 18 months later than expected, and the Taylors had taken on seven–figure debt to keep things moving. But they were hopeful it would all work […]

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Giant in deal to buy Bedford County grocery stores

Carlisle-based The Giant Co. said yesterday it agreed to buy Everett Foodliner and Saxton Market, a pair of Bedford County grocery stores owned by brothers Bob and Joe Appleby. Giant is buying the real estate and related grocery and fuel business assets for what will become its first stores in the county. Terms of the transaction, expected to close […]

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Armstrong World snaps up specialty fabricator

Building products manufacturer Armstrong World Industries Inc. said yesterday that it acquired a Chicago-based company called Eventscape Inc., which specializes in designing, making and installing complex architectural features. Terms of the transaction — which continues a multiyear string of deals for Armstrong — were not disclosed. Based in Toronto and New York City, Eventscape employs 150 […]

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Foundation leader steps up as grantmaking capacity swells

Over the last three years, Robin Stauffer has overseen a dramatic growth in resources at one of Lancaster’s County’s largest charities.  Effective Jan. 1, she has a new role to match. Stauffer, the longtime executive director of the High Foundation, has been named its president and CEO. “For more than two decades, Robin has led High […]

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Harrisburg Young Professionals

Cody Goss has been named executive director of Harrisburg Young Professionals, a professional networking and city improvement group known as HYP. He succeeds Meghan Bachmore, who led the organization since 2022. A graduate of Harrisburg University of Science and Technology, Goss joined HYP as an intern and became communications coordinator in 2024. He is expected […]

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Capital-area farmland sold. Data centers could follow.

A company that develops data centers is doubling down on the Harrisburg area. Last summer, Dallas-based Provident Realty Advisors agreed to pay $45.6 million for the Dauphin Highlands Golf Course, a 228-acre property west of Route 283 in Swatara Township and Steelton where Provident is expected to build data centers.   In late January, the company paid $50 million […]

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Penn State Health

Joe Wysock has been named vice president of facilities at Penn State Health, a regional health system based in Dauphin County. He had been filling the role on an interim basis while also working in his previous role as facilities director for the West Shore region of Penn State Health. The region includes Hampden Medical […]

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Community Progress Council

York-based nonprofit Community Progress Council has hired a development director and a controller. Tom O’Connor is the new development director, succeeding Emily Seitz, who took a fundraising role at the United Way of York County. He worked most recently as executive director of the Pennsylvania Ag Discovery Center, a startup nonprofit in Gettysburg. Before that, he was director […]

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Carlisle-area warehouse fetches nearly $142M

One of the biggest warehouses in Cumberland County has changed hands. An arm of California-based investment firm PCCP LLC paid $141.6 million for a 1.2 million-square-foot building at 3419 Ritner Road off Interstate 81 in West Pennsboro Township, according to real estate firm JLL, which represented the seller, an affiliate of Radnor-based Exeter Property Group.  Exeter paid $85 million for […]

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West Shore Home launches in New England

Mechanicsburg-based home improvement contractor West Shore Home is moving into New England with the opening of its first branch in the region. The office in the Boston suburb of Franklin, Massachusetts, will cover an area encompassing most of Massachusetts as well as parts of Connecticut, New Hampshire and Rhode Island. Founded in 2006, West Shore […]

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Recycling biz expands York-area operations

Over the last several years, Utah-based waste collector recyclops has been sending plastic to a small plant in York city that converts the waste into a building material. In September, recyclops launched its own operation in the region. “We just needed more space to move our elbows,” said recyclops founder and CEO Ryan Smith.  Where is this […]

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Government

PA judges at center of high-profile retention race

Pennsylvania voters will decide tomorrow whether to retain three Supreme Court justices in what has become one of the state’s most expensive and partisan judicial races ever. Those arguing in favor of retention, including Gov. Josh Shapiro, warn that “no” votes could jeopardize abortion and voting rights.  Those arguing against retention argue that the three justices in question […]

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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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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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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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Money sought for high-profile Harrisburg-area projects 

Developers are applying for state funds to upgrade some of the capital region’s largest underused buildings. They include an idled steel mill in Steelton and two vacant office towers in downtown Harrisburg — former state offices at 333 Market St. and the former federal building at 228 Walnut St. The state funds would come through […]

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City residents receptive to data center rules

Lancaster city residents voiced cautious optimism about proposed rules regulating data centers within the borders of one of the region’s most populous municipalities. But they worried the new zoning regime would be too late to govern data center proposals already on the table for the city. “I’m very happy to see the direction we’re heading […]

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Court orders further review in case over medical cannabis testing

In a 5-2 ruling last week, the state Supreme Court upheld the authority of state regulators to issue rules for testing medical marijuana products before they hit the shelves. The ruling overturns a 2023 decision by Commonwealth Court that found regulators had exceeded their authority. Nonetheless, Pennsylvania’s top court sent the case back to the lower […]

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Budget gridlock strains childcare programs

Childcare providers were already struggling to keep up with the demand for their services. Then came the deadlock over the state budget, which has lasted nearly three months. For each week without a state budget, providers in Central Pennsylvania are missing out on about $1.1 million in state subsidies, according to Christy Renjilian, executive director […]

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‘Resounding win’ for PA restaurants in suit over liquor fees

Restaurants in Pennsylvania overcame a key obstacle in their long-running effort to recover tens of millions of dollars in fees from the Pennsylvania Liquor Control Board that the restaurants argue they never should have been charged. In a 31-page ruling last week, a Commonwealth Court judge said the restaurants could pursue a class-action lawsuit against the […]

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Firm wins round in tax refund fight

A Pennsylvania appeals court sided last week with a corporate taxpayer that claimed state tax authorities were wrong to reject its petition for a refund. The company, a subsidiary of California-based electric utility Edison International, sought a refund for state taxes it paid in 2008 after an IRS audit in 2017 reduced its federal taxable income.  […]

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Costs seen mounting for data center tax exemption

In 2022, Pennsylvania waived sales taxes for computer equipment purchased for use in data centers, provided the centers met certain requirements. Following a slew of announcements about new data center projects around the state, the price tag for that exemption may be going up. The Pennsylvania Department of Revenue is revisiting its forecasts on the […]

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PUC seeks fines from utility, plumbing contractor

State utility regulators have lodged complaints against two companies over their alleged roles in a Harrisburg-area home explosion attributed to a ruptured gas line. The Pennsylvania Public Utility Commission filed the complaints yesterday against natural gas provider UGI Utilities and Pronto Plumbing Heating Air Drains, a regional contractor based in Camp Hill. The complaints allege UGI failed to […]

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Museum complex slated for $55M upgrade

The State Museum of Pennsylvania is getting a facelift. State officials yesterday unveiled plans for a $55 million makeover of the 62-year-old museum complex on state Capitol grounds. The goal is to modernize exhibits, displays and storage areas, while creating an environment matching the expectations of 21st-century visitors. Planned changes include creation of a large-scale […]

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State House advances controversial tax policy

State lawmakers are plowing ahead once again with tax changes that have long drawn the ire of business lobbyists but never made it into law. The changes would subject more corporate profits to taxes in Pennsylvania by curtailing the ability of companies to report those profits in other states. Two committees in the Democratic-controlled state […]

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Health Care

Audit: Lapsed UPMC recordkeeping led to Medicaid overpayments

Due to recordkeeping lapses by UPMC Health Plan, a state agency reimbursed the health insurer for Medicaid recipients who were not eligible for the program, including some who had died, according to an audit released yesterday by the office of Pennsylvania Auditor General Tim DeFoor.  The resulting overpayments to UPMC totaled $357,048 in 2022, according to the […]

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House panel to vote on healthcare violence bill

Just over a month after a deadly attack at UPMC Memorial hospital in York County, state lawmakers are poised to take up legislation addressing violence in the healthcare workplace. The legislation, House Bill 926, is scheduled for a vote March 25 in the House Labor & Industry Committee. Advocates note that healthcare workers are more likely than others […]

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Regional nonprofit in ‘startup mode’ to tackle employer health costs

It may be more than 30 years old, but the Central Penn Business Group on Health is in startup mode. The Lancaster-based nonprofit has hired a new CEO, and it is mulling new approaches to help area employers contend with rising healthcare costs, perhaps by applying analytics and other technologies. “The employers are looking for more,” said […]

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Feds open investigation into hospital shooting

Federal workplace safety regulators are probing the shooting that took place inside the intensive care unit at UPMC Memorial in York County on the morning of Feb. 22. The investigation by the Occupational Safety and Health Administration was opened the day of the shooting, which claimed the life of a West York police officer and injured […]

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Hospital attacks tests trauma response

The heartbreaking accounts began populating social media feeds early last week: harrowing posts from nurses and other healthcare workers who survived the deadly hostage-taking that unfolded inside the intensive care unit at UPMC Memorial in York County on the morning of Feb. 22. The stories offer a glimpse into the nightmare endured by UPMC staff members, who […]

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WellSpan, UnitedHealthcare end stalemate on employer plans

After missing an October deadline, WellSpan Health and UnitedHealthcare have agreed to renew a key reimbursement contract. The multiyear agreement, which took effect Dec. 15, means WellSpan providers are once again in-network for about 35,000 people in Central Pennsylvania who are covered by UnitedHealthcare through the workplace. The deal caps weeks of uncertainty for patients. They faced higher costs […]

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Further talks yield another partial deal for WellSpan, health insurer

After extending negotiations for a month, WellSpan Health and UnitedHealthcare have reached a deal affecting patients in certain Medicaid and Medicare plans. The deal preserves in-network access to WellSpan providers for about 3,500 patients enrolled in Medicaid plans for children and in Medicare plans for people with special needs, according to WellSpan spokesperson Ryan Coyle. In-network coverage had been […]

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Capital-area behavioral health provider to relocate

The Pennsylvania Psychiatric Institute is moving out of the former Polyclinic campus in uptown Harrisburg after failing to forge a new lease. The institute’s inpatient services are moving to Holy Spirit Medical Center in East Pennsboro Township, Cumberland County, according to Penn State Health, which owns both Holy Spirit and the psychiatric institute. Penn State Health is working […]

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WellSpan, UnitedHealthcare partially sever ties

Facing an Oct. 31 deadline for negotiating new reimbursement rates, WellSpan Health and UnitedHealthcare hammered out a last-minute deal to extend some of their agreements but ended one of them. The two sides said Thursday night they were unable to reach an agreement on employer-sponsored health plans, but they agreed to extend the deadline for negotiating over […]

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Deadline looms for insurer, regional health system

With less than a week before their contract expires, WellSpan Health and UnitedHealthcare remain at odds. If they are unable to reach an agreement by Thursday, WellSpan would become out-of-network for people covered by UnitedHealthcare’s Medicaid, Medicare Advantage and employer-sponsored plans. In a statement, the York-based health system blamed the impasse on UnitedHealthcare’s “unwillingness to find a middle ground […]

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Pharma giant plowing millions into Lancaster County campus

Life sciences heavyweight GSK is investing up to $800 million into its Marietta-area campus with plans to boost capacity and produce cutting-edge vaccines targeting illnesses like pneumonia and meningitis. The project, described as the British company’s largest-ever investment in U.S. manufacturing, entails construction of a new 300,000 square-foot facility and refurbishment of an existing building, along with […]

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WellSpan, UnitedHealthcare remain locked in contract dispute

With less than three weeks before their contract expires, WellSpan Health and UnitedHealthcare remain embroiled in a war of words. UnitedHealthcare has been focused on what WellSpan charges for health care.  For the York-based health system, the issue is the administrative hassles posed by working with the insurer. What’s the latest: In an online notice, UnitedHealthcare claimed WellSpan declined […]

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WellSpan, health insurer clash over contract renewal

Health insurer UnitedHealthcare and regional health system WellSpan Health are sparring over a new contract governing their relationship, affecting about 36,000 patients in the region. Both entities say they are negotiating in good faith and hope to reach a deal before the current contract expires at the end of October. Nonetheless, they are taking aim at each other’s business models. […]

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Study shows benefits from short-term medical cannabis use

Pennsylvania residents using medical cannabis to treat anxiety, chronic pain and other conditions saw improvements in their general health, emotional well-being, physical functioning and other quality-of-life measures over a three-month period, according to a study undertaken by researchers from the Philadelphia College of Osteopathic Medicine and funded by Organic Remedies, a Cumberland County medical-cannabis provider. Researchers recruited nearly […]

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Lancaster specialty medical practice sold

An equity-backed management company and one of its affiliated medical practices have acquired Keystone Urology Specialists, a medical practice with offices in Lancaster, Lebanon and Ephrata. The buyers are Solaris Health Holdings and The Centers for Advanced Urology, which does business as MidLantic Urology. Terms of the transaction were not disclosed. Following a short transition period, physicians […]

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WellSpan partnering to bring med school campus to York area

WellSpan Health has forged an agreement with Lewis Katz School of Medicine at Temple University to develop a York area campus for the medical school in time for the 2027-28 school year. The campus would be the second outside of Philadelphia for the Katz School, which also has one in Bethlehem in partnership with St. Luke’s […]

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Highmark, specialty medical practice spar over reimbursement

Pittsburgh-based Highmark Health and a regional GI practice have been unable to negotiate a new reimbursement contract, resulting in the practice’s exit from the Highmark network. The financial sticking points have not been disclosed but the two sides said they are continuing to negotiate.  The practice is US Digestive Health, which has a clinical headquarters in Lancaster County […]

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Data breach at Geisinger vendor affects 1M patients

Danville-based Geisinger health system this week disclosed a data breach that could affect more than a million of its patients. In its disclosure, Geisinger said it learned on Nov. 29 that a vendor’s former employee had accessed patient information two days after being fired. The vendor, Microsoft subsidiary Nuance Communications, cut off the ex-employee’s access to Geisinger records, notified […]

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Judge blocks hearing on data center appeal

In a one-page order issued yesterday morning, a Lancaster County judge agreed to block Lancaster’s zoning hearing board from considering issues related to multibillion-dollar data center projects in the city. The board was scheduled to hold a hearing Monday to air the appeal of a city resident who questioned how the data centers were being […]

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Operations of troubled apartment complex handed to receiver

An independent receiver is now overseeing the beleaguered Governor’s Square apartments in Uptown Harrisburg. Under a court order finalized in late August by a Dauphin County judge, Midtown Asset Consulting LLC is taking over daily operations of the 222-unit affordable apartment complex, whose owner filed for bankruptcy more than two years ago. Midtown Asset’s first step is […]

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Lawsuit targets credit union over data breach at vendor

A local lawsuit related to a data breach at insurance and employee benefits brokerage Alera Group has prompted a local lawsuit. The lawsuit is not targeting Illinois-based Alera, however. It was filed last month against Members 1st Federal Credit Union, based in Hampden Township, Cumberland County.  Filed in Cumberland County by a Members 1st employee, the lawsuit […]

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Feds lodge civil, criminal charges against Heller

Federal authorities have filed a pair of complaints against Daryl Heller alleging that the Lancaster County business owner defrauded investors in an ATM network that operated as a ponzi scheme. The charges, from the U.S. Securities and Exchange Commission and the U.S. Attorney’s Office for the Eastern District of Pennsylvania, echo accusations made over the […]

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Winery ordered to shut down after court hearing

It took a York County judge about 25 minutes to approve the closure of a business that has operated for more than 20 years. Barring any last-minute legal twists, Moon Dancer Vineyards & Winery in Lower Windsor Township must close “immediately” under an order approved at a hearing yesterday morning before Court of Common Pleas Judge Matthew […]

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Winery loses appeal in fight to stay open

A state court rejected an appeal from a York County winery fighting orders that it shut down.  The decision last week by Superior Court of Pennsylvania forestalls one of the last legal avenues available to Moon Dancer Vineyards & Winery in its long-running battle with neighbors who want the venue to cease operations. The neighbors — Amanda […]

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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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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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Former exec pleading not guilty to extortion charge

Bryan Chapman, a former supply chain executive for West Shore Home, is pleading not guilty to federal charges that he tried to extort a severance payment from the Mechanicsburg-based home improvement company after he was fired in 2023, according to Chapman and his attorney.  The attorney, Thomas Thornton of the federal public defender’s office, declined to […]

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Manufacturing

Lanco flooring maker closing Kentucky plant

Flooring manufacturer AHF Products is closing a factory in Somerset, Kentucky, and moving production to other facilities. The decision follows an internal review finding that consolidating production is the best way to match the company’s factory capacity with the current and projected demand for its products, according to a company release. The Kentucky plant employs […]

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Lebanon lumber business files bankruptcy amid sales slump

After announcing layoffs last month and trying unsuccessfully to find a buyer for its operations, a Lebanon County lumber company filed for bankruptcy this month. Based in South Annville Township, Weaber Inc. saw annual sales climb above $100 million in the late 2010s, according to the company’s bankruptcy filing. But sales plunged over the last two […]

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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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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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Utz closing plant amid efficiency drive

Hanover-based snack food company Utz Brands Inc. plans to wind down operations at a plant and warehouse in Grand Rapids, Michigan, as part of an ongoing effort to concentrate production at its larger, more efficient factories.  Manufacturing at the Grand Rapids plant is slated to end by Jan. 30, followed by the end of warehouse operations on […]

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Slowdown prompts more layoffs for lumber company

Less than a month after deciding to close a lumber operation in northwestern Pennsylvania, Weaber Inc. is consolidating operations in Lebanon County and laying off 145 workers. The lumber company is vacating a distribution center at 25 Keystone Drive in South Annville Township and shifting work to its headquarters location at 1231 Mount Wilson Road, also […]

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Lancaster flooring maker buys firm with Chambersburg plant

Lancaster-based flooring manufacturer Ecore International has acquired a firm based in New York state with operations in Franklin County. The company is HTI Recycling, a tire collection, recycling and crumb rubber manufacturing company based in Lockport. The deal also includes HTI subsidiaries D&G Heavy Equipment Leasing and Edge Rubber Recycling, which has a plant in Chambersburg. Terms of the deal were […]

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York-area confectioner buys West Shore firm

A York-area candy company has more than doubled its factory footprint after taking over a peer based in Lower Allen Township, Cumberland County. After six decades of family ownership, The Warrell Corp. and its 230,000-square-foot plant have been sold to Wolfgang Confectioners, which operates out of a150,000 square-foot facility in Loganville. Terms of the transaction, which closed […]

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Harrisburg manufacturer sheds Florida porch division

MITER Brands, a Harrisburg-based manufacturer of doors, windows and other products, has divested a Florida-based unit that makes porch enclosures. Known as Eze-Breeze Porch Enclosures, the unit was acquired by its president, Bob Keller, in partnership with investment firm Jewell Hollow LLC and its managing partner, Zach Coopersmith. Terms of the transaction were not disclosed. MITER acquired Eze-Breeze […]

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Lebanon lumber firm closes northwest PA operation

A Lebanon-area lumber company is closing an affiliate in northeastern Pennsylvania due to sluggish demand for its products. Between Aug. 25 and Sept. 8, South Annville Township-based Weaber Inc. is shuttering a facility in Titusville doing business as ChoiceWood and laying off its 46 workers, according to a notice filed with state and local officials. […]

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Food biz unveils $19.1M plant in Lancaster

As sales of its signature bone broth boomed over the last several years, Kettle & Fire struggled to keep its products on store shelves. A new production facility in Lancaster County, unveiled during a ribbon-cutting yesterday, is expected to help meet the demand and then some, according to company founders and executives. The $19.1 million plant is […]

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Spring Grove papermaker gets more time on loan payment

Spring Grove-based papermaker Pixelle Specialty Solutions missed an interest payment on its debt due April 30, triggering a ratings downgrade from S&P Global. However, lenders are giving the company more time so it can close on the sale of a plant in Wisconsin and use the proceeds to make the interest payment and pay down debt. […]

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Lanco firm drawing up new digs

Manufacturer Breeo is eyeing an expansion at its site in Salisbury Township, Lancaster County, where it assembles smokeless fire pits, products poised for a bump in sales thanks to the impact of tariffs on foreign-made competitors. “We’re still working through our plans, so it’s not set in stone yet,” said Breeo’s CEO and majority owner, Amos Stoltzfus.  […]

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Steelton plant to close indefinitely, idling hundreds of workers

One of the capital region’s oldest and largest factories will be closing indefinitely this summer due to weak demand for its products, which include steel rails for trains, cranes and trolleys.  Ohio-based steelmaker Cleveland-Cliffs said Friday it plans by June 30 to wind down production at its plant in Steelton, along with plants in Conshohocken and Riverdale, […]

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Funding for manufacturing services restored

A federal agency restored funding for organizations that assist small and midsized manufacturers in 10 states. The Trump administration ended contracts with the organizations at the end of March but decided to restore their funding for the remainder of the current fiscal year, which ends Sept. 30, according to a spokesperson for the National Institute […]

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Facing blowback, York County paper biz pauses plant closure

Following a fierce public outcry from elected officials in Ohio, Spring Grove-based papermaker Pixelle Specialty Solutions LLC is hitting pause on plans to close its factory in Chillicothe, about 100 miles east of Cincinnati. Pixelle said last week it planned to close the plant over the next several weeks. The move threatened to idle the 800 people who […]

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York County papermaker closing Ohio plant

Spring Grove-based papermaker Pixelle Specialty Solutions LLC said yesterday it is closing its plant in Chillicothe, Ohio, where about 800 people work. The move follows Pixelle’s sale earlier this month of a Wisconsin plant that employs about 260 people. “Each decision regarding Pixelle operations has been made after careful evaluation of what is best for […]

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Marketing

Real Estate

Harrisburg-area golf course sold to data center developer

A suburban Harrisburg golf course is preparing to swap drivers for data. The Dauphin County General Authority voted yesterday to sell the Dauphin Highlands Golf Course for $45.6 million to a Texas company planning a data center on the 228-acre property in Swatara Township and Steelton. But there’s time for a few more rounds of golf. The […]

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York-area plaza fetches $16.4M

A Singapore-based real estate investor has scooped up a shopping center in Dover Township, York County. United Hampshire US REIT said it paid about $16.4 million for the roughly 61,000-square-foot Dover Marketplace, which is anchored by a GIANT grocery store. It’s at the corner of Carlisle and Palomino roads, south of Dover Borough. The plaza is the investor’s […]

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Data center boom redefining industrial real estate

A few years ago, the phrase “industrial real estate” likely conjured an image of massive warehouses spreading across the open fields of Central Pennsylvania.  Now, the phrase might just as easily bring up images of data centers — buildings packed with computer servers composing your emails and delivering answers to your ChatGPT queries. The announcement of more […]

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Office interiors biz sold: “We felt like we hit a ceiling”

As client needs evolved in an era of hybrid and remote work, leaders at Phillips Workplace Interiors came to a realization. “We were too big to be small and too small to be big,” said Michael Bistline, a co-owner of the office furnishings and interior services company based in Lower Paxton Township, Dauphin County. He and co-owner […]

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Court backs denial of Hershey-area development

A state appeals court last week upheld a decision by local officials to deny a mixed-use development that included a proposed Sheetz store in Derry Township, Dauphin County. Dubbed Governor’s Crossing, the project was proposed for the southwest corner of West Governor and Fishburn roads south of downtown Hershey. But in November 2023, supervisors in Derry Township […]

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Developer closes on former factory sale

The former Frog, Switch & Manufacturing plant in Carlisle has officially changed hands. The Real Estate Collaborative, an arm of the Cumberland Area Economic Development Corp., closed May 29 on its acquisition of the roughly 26.7-acre site at 600 E. High St. The sale price has not yet been recorded in county deed records, and Real Estate Collaborative chair […]

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Carlisle Country Club sold, renovations planned

It wasn’t long after he joined the board of Carlisle Country Club in late 2023 that business owner Mark Toigo grasped the venue’s financial challenges. “It was just burning cash,” Toigo said in an interview with biznewsPA. Rather than see the club and its golf course close, Toigo assembled a group of investors who bought the club […]

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AG settles claims against Lancaster-based property manager

Home365, a property management company with offices in Lancaster and Las Vegas, has agreed to pay $45,000 to settle allegations by Pennsylvania Attorney General Dave Sunday that it was slow to make repairs in response to tenant requests and, in other cases, did not return tenants’ security deposits. Both are violations of state law. Two-thirds […]

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Authority mulls offers for Harrisburg-area golf course

A Dauphin County authority is reviewing six proposals to buy the Dauphin Highlands Golf Course in suburban Harrisburg but is declining to share any additional details. The Dauphin County General Authority requested the proposals after receiving unsolicited bids from entities interested in putting data centers on the 228-acre course in Swatara Township. Authority board chair Barbara Zemlock refrained from […]

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School district to buy vacant office

A Dauphin County school district has agreed to buy a vacant office building at 4401 Deer Path Road in Susquehanna Township. Due to overcrowding in its existing spaces, the Susquehanna Township School District plans to use the 102,000-square-foot building for offices and classrooms, district superintendent Tamara Willis said in an interview with biznewsPA.  The lender-owned […]

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Carlisle factory rehab snares state funds

Officials in Cumberland County cleared a major hurdle yesterday in their efforts to redevelop a former factory at the edge of Carlisle. They were awarded more than $10.2 million from a state program designed to prepare former industrial sites for reuse. “We’re super excited,” said Andrew Notarfrancesco, chair of the Real Estate Collaborative, a subsidiary of […]

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York-area industrial property goes for $7M, gets new tenant

A York County industrial property is changing hands and changing occupants. West Shore developer Drew Bobincheck paid $7 million for a tract at 3490-3510 Board Road in Manchester Township that includes a roughly 143,700-square foot building, according to county deed records. It also includes two small rental homes. The seller was an entity affiliated with Cardinal […]

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Retail

Apple auto biz to be sold

The Stewart Companies has agreed to sell its Apple Automotive dealerships to a Lehigh Valley company, as the York-based holding company focuses on its other businesses, The buyer is Allentown-based Ciocca Dealerships, which operates 42 dealerships and 12 collision centers in Pennsylvania and New Jersey, including in the Harrisburg and State College markets. Apple operates 10 dealerships, six collision […]

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Regional fireworks retailer sold

One of Pennsylvania’s most illuminating companies is under new ownership. Keystone Fireworks, which has stores across the region, has been acquired by Argonne Capital Group, a private equity firm based in Atlanta. The transaction closed earlier this year, according to an Argonne spokesperson, who declined to provide additional details. Financing was provided by Alignment Credit, a New York-based […]

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Report: PA lags on innovation, entrepreneurship

Pennsylvania has many of the ingredients for an economy powered by innovation and entrepreneurship, according to a report released today by Brookings Institution, a prominent think tank in Washington, D.C. However, the state has struggled to bake them into a dynamic, high-growth economy, putting large swaths of Pennsylvania at risk of stagnation, said the report, which offers […]

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Bertram to leave Giant, Ruane stepping in

The Giant Co. president Nicholas Bertram is leaving the company Aug. 31 to pursue “new opportunities,” the regional grocery chain’s parent company announced yesterday. Bertram, who has been president of Carlisle-based Giant since 2018, did not disclose what those opportunities might be. Giant spokesperson Christy Phillips-Brown described it as a personal decision. John Ruane, Giant’s chief […]

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Ollie’s hit with overtime lawsuits

Ollie’s Bargain Outlet has joined a string of retailers accused of improperly denying overtime pay to people who hold management jobs in their stores. Two salaried employees in New York have filed lawsuits claiming Ollie’s should have paid them overtime since their duties were “virtually indistinguishable” from those of hourly workers. The suits, filed in a […]

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Giant unveils Amazon-style marketplace

The Giant Co. is adding new aisles to its virtual supermarket. The Carlisle-based company unveiled a new Amazon-style service yesterday that brings tens of thousands of new items to its online shoppers.Called Ship2Me by Giant, the new service is an online marketplace developed by sister company Peapod Digital Labs. The marketplace features items not normally found on […]

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Technology

PA sites on short list for deep-pocketed startup

Pennsylvania is one of three states where a prominent data-center startup is looking to site facilities, according to a LinkedIn post earlier this week from Sarah Friar, CFO of OpenAI, one of the companies backing the startup. The Stargate Project — also backed SoftBank, computer company Oracle and investment firm MGX — iburst out of the gate last month with […]

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Developer eyes multibillion-dollar data center campus near Carlisle

Central Pennsylvania is home to big buildings that store stuff. A Virginia-based company is eyeing construction of big buildings that store data, reflecting a national race to boost data center capacity. PowerHouse Data Centers, an arm of Virginia-based American Real Estate Partners, has been discussing a potential multibillion-dollar data center development on a 700-acre tract in […]

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Video-display installer sells stake to Lancaster firm

Like many entrepreneurs ready to take their startups to the next level, Josh Dominguez knew he needed more capital. He found a source in PennSpring Capital, a Lancaster-based investment firm. PennSpring said yesterday it has acquired a majority stake in Dominguez’s company, Refresh LED.  Based in Hampden Township, Cumberland County, the company designs, installs and services LED […]

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State opens portal for reporting data breaches

Pennsylvania’s attorney general has set up an online portal where companies in Pennsylvania will be required to report data breaches under amendments enacted this year to the state’s breach notification laws. Signed into law in June, the amendments require companies to report breaches that affect at least 500 Pennsylvanians starting Sept. 26. In preparation for […]

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PennSpring-backed firm scoops up virtual paralegal service

Zirtual, a portfolio company of Lancaster-based investment firm PennSpring Capital, is branching out. The virtual-assistant service has acquired Del.Trust, a company that offers virtual paralegal services to attorneys and law firms nationwide. Terms of the transaction were not disclosed. Del.Trust founder Jaclyn Foster is joining Zirtual as president of its newly established paralegal services division. “She is […]

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York fiber company co-founded by rock stars unloads assets

United Fiber & Data, a York-based fiber optics firm that once promised to bring jobs and data centers to eastern Pennsylvania, is selling “substantially all” of its assets to a New York-based company. Those assets include the signature project of United Fiber & Data, or UFD, a company founded in 2012 by former members of […]

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Lanco financial firm merges with Denver peer

The slowdown in home lending has challenged banks and mortgage brokers over the last year. But it has created opportunities for the firms that offer them advice and technology to improve their operations. It is those opportunities that helped spur a merger for Teraverde, a financial software and consulting company based in East Hempfield Township Lancaster […]

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Firm with Lanco ties forges $270M deal

A Massachusetts-based company has agreed to pay $270 million in cash for a London-based firm that sells anti-counterfeiting products and services. The firm is OpSec Security, which has operations at two locations in the Greenfield business park in East Lampeter Township, Lancaster County. OpSec had been on a path to go public this year by merging […]

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AG: “Sham” internet provider targeted rural York

A locally based company allegedly broke state law by reselling internet service in what the state attorney general described in a lawsuit as a “sham business.” The company, Davis Communications Internet Inc., subscribed to business internet plans, then advertised itself as an internet provider in its own right, specifically targeting consumers in rural York County, where […]

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Other Categories

West Shore warehouse complex moves forward

Developers have acquired land off the Carlisle Pike in Cumberland County where they plan to build three warehouses. The warehouses will span nearly 2 million square feet under plans approved in 2023 under the previous owner of the property, part of Hempt Farms in Silver Spring Township. The developers — a joint venture between New York-based Rockefeller […]

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Investors sue bank for alleged faulty oversight of Lancaster ATM operator

The flurry of litigation around defunct ATM operator Paramount Management Group and its former principal, Daryl Heller is thickening. Investors in the ATM network are suing a South Dakota bank that signed off on Paramount’s financial condition, alleging the bank should have warned them about shortcomings at the Lancaster-based ATM company. A company that sold ATMs to […]

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Regional lawn-care company sold

Green Image Lawn Care, a regional lawn-care company with offices in York and Lancaster counties, has been acquired by LawnPRO Partners, a platform backed by HCI Equity Partners, a private equity firm based in Washington, D.C. Terms of the transaction were not disclosed. Green Image is led by Luke Zimmerman and Ryan Freed, who are continuing to […]

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York-area brewer taps into downtown Lancaster

York County-based South County Brewing is planning to take over the former Pressroom restaurant in downtown Lancaster.  The spot at 26 W. King St. will be the third for South County. Founded in 2011, the brewery also has locations in Fawn Grove and York Township in York County. When is this happening: The roughly 22,000 square-foot venue […]

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School board denies tax abatement for York-area sports complex

A York-area school board turned down a request by developer Inch & Co. to secure tax relief for a $35 million sports complex the company is building in North York. York-based company Inch & Co. was asking the Central York School District for relief through the Local Economic Revitalization Tax Assistance program, which phases in property tax […]

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Sales include Camp Hill brownstone, Hanover industrial property

A 3,000 square foot Victorian-style brownstone at 1924 Market St. sold for $585,000 in an investment sale. Built in 1870, the home now is a mixed-use property. Tenants include Beyond Beauty Skin Therapy, a restorative skin care and facial salon, and two residential units. Tyler Matisse of Campbell Commercial Partners represented the seller in the […]

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Mixed-use project is ‘first phase of final phase’ for York tract

Officials in York have toiled for more than two decades to bring development to the Northwest Triangle, a former industrial tract along the Codorus Creek in the city’s northwest corner. They filled in pieces here and there over the years. On Oct. 10, they celebrated what is likely to be the final piece: a mixed-use […]

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Nonprofit lender lands $40M in tax credits to back projects

Community First Fund has been awarded $40 million in new market tax credits, which it can use to support economic-development projects around the region. The credits are awarded annually by the U.S. Treasury on a competitive basis.  Based in Lancaster, Community First was awarded $30 million in new market tax credits last year. Those credits are […]

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Prominent York restaurant to see new life

Restaurateur Victor Claffey is gearing up to open a restaurant called Bloom in the former Left Bank Restaurant and Bar in downtown York. Claffey, an Irish native with two decades of restaurant experience in Ireland and the U.S., hopes to infuse new life into the space, which is one of the oldest fine-dining establishments in York. “I think there […]

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State residents leery of driverless vehicles

The adoption of driverless vehicles in Pennsylvania depends on resolving a host of legal, regulatory and technical challenges.  But it also may rest on cultivating a more positive public perception, judging by the reaction to draft guidelines for highly autonomous vehicles, or HAVs, published last month by PennDOT. HAVs include vehicles monitored and operated from a […]

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Harrisburg venue kicking off 25th anniversary party

Whitaker Center for Science and the Arts in Harrisburg is planning a birthday celebration this week designed to reintroduce the 25-year-old center to the community. The celebration kicks off Monday Sept. 9 with a private lunch for the center’s founding board and staff members, as well as other community leaders who helped bring Whitaker to Harrisburg. Tuesday […]

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Phoenix Contact USA

Phoenix Contact USA, based in Middletown, restructured its leadership team as of Sept. 1. The changes are in preparation for the Dec. 31 retirement of President Jack Nehlig after 23 years with the company. Heath Scoggin has been promoted to president of device connectors for the business area and will lead Phoenix Contact development and […]

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Neighbors claim York County winery is violating order allowing it to reopen

The land-use dispute between Moon Dancer Vineyards & Winery and neighboring homeowners is taking a new twist. In a legal filing last week in York County court, the neighbors, Amanda Perko and Matthew Balsavage argue that the winery in Lower Windsor Township appears to be violating limits on its operations set by a recent court order. […]

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