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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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Dauphin County winery files bankruptcy, seeks buyer

A Dauphin County winery and related businesses have filed for bankruptcy as they look for a buyer for their operations.Spring Gate Winery parent company Schoffstall Farm LLC filed for Chapter 11 bankruptcy protection on May 14 after experiencing six-figure losses in 2021 and 2022, according to a petition before U.S. Bankruptcy Court for the Middle District of Pennsylvania.Based […]

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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 County. The […]

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Members 1st Federal Credit Union

Erin Hermany has been named senior vice president of consumer lending operations at Enola-based Members 1st Federal Credit Union. She was most recently the credit union’s senior vice president of consumer lendng and payment operations. She previously oversaw auto loan and card operations. Her new role adds oversight of home equity and mortgage operations.Hermany joined […]

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RKL LLP

Kimberly Karwath and Joanne Szupka have joined RKL LLP as partners. They will work in the Lancaster-based firm’s Exton office as part of the audit services group.Karwath specializes in serving financial institutions and specialty finance entities. She earned a bachelor’s degree in business administration from Kutztown University.Szupka concentrates on ERISA audits for single and multiple […]

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The Giant Company

John MacDonald has been named vice president of marketing for The Giant Company, a supermarket chain based in Carlisle.MacDonald joined Giant in 2012 as marketing director. Before joining the company, he worked in a variety of roles at Ahold Financial Services and as vice president of marketing at Giant Food. He also was chief marketing […]

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Retirement community plans $27M building project

Senior-living provider Landis Homes plans to erect 35 villa-style residential units on the western edge of its campus in Manheim Township, Lancaster County. The $27 million project reflects continuing demand for retirement living — 34 of the units have already been pre-sold — said Corey Hamilton, CFO for the nonprofit.The units, mostly two-bedrooms, will range in size from […]

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Oregon Dairy property sold in leaseback deal

After a bruising legal battle to develop their land in Manheim Township, Lancaster County, the Hurst family has sold it to another developer.The family, which owns the Oregon Dairy supermarket and restaurant, sold the store’s land and building on May 10 to Jerry Horst and his sons, Mark and Chad, who operate Manheim Township-based Vanguard Development Group. The sale […]

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Ecore International

Shweta Srikanth has been named chief circularity officer for Ecore International, a Lancaster-based flooring manufacturer. She brings about 15 years of experience in strategy and leadership roles, primarily in the healthcare and industrial sectors.As circularity chief for Ecore, Srikanth will spearhead the company’s commitment to sustainability and practices that create a circular economy, one in which […]

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Barley Snyder

Kyle M. Kelly has joined the Lancaster office of Barley Snyder as a member of the law firm’s business practice group. Before joining Barley Snyder, Kelly worked at a Pittsburgh law firm where he managed middle-market M&A for private equity and corporate clients. He also worked as a judicial intern for the North Carolina Court […]

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Changing spaces 05.17.24

Catholic Charities of the Diocese of Harrisburg has leased 2,000 square foot office space at 2600 N. 3rd St. in Harrisburg for a mental health clinic. Amber Corbo of NAI CIR helped facilitate the lease agreement on behalf of the tenant.Industrial Highway Enterprises LLC purchased 2101-2127 Industrial Highway and 2131-2139 Industrial Highway in Springettsbury Township, York […]

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Ollie’s poised to buy stores from bankrupt retailer

A court order is paving the way for Ollie’s Bargain Outlet Holdings Inc. to purchase 11 stores in Texas from discount retailer 99 Cents Only Stores, which filed for bankruptcy in April. A Delaware bankruptcy judge this week approved Ollie’s as a stalking-horse bidder for the properties as part of a court-supervised sale, meaning the company is the […]

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Harrisburg building eyed for makeover fetches $14.5M

Adam Maust poured millions of dollars over the last four years into the Atlas Building, an edifice in Uptown Harrisburg that had fallen into disrepair by the time Maust bought it in 2020.He is now passing the torch to a new owner, a Harrisburg-based nonprofit called the Pennsylvania Social Equity Land Trust, which paid $14.5 million […]

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Dauphin County Library System

Ryan McCrory has been named executive director of the Dauphin County Library System.McCrory earned a master’s degree in library science from Clarion University and has over 25 years of library experience.

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Inch & Co. launches $20M real estate fund

The founders of Inch & Co. are looking to raise $20 million from investors interested in backing the York-area company’s forays in multifamily housing.For the last 15 years, the company has leaned on its own resources, buttressed by capital from friends and family, said Jeff Inch, a co-founder and co-owner of Inch & Co.“Now it’s time […]

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Five years in, WellSpan CEO looks ahead

In January 2019, Roxanna Gapstur became president and CEO of WellSpan Health, one of the largest employers in Central Pennsylvania.In little over a year after her first day on the job, she was guiding the health system through one of its most visible challenges, the Covid-19 pandemic.The pandemic has subsided. But WellSpan and other health […]

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Boyer & Ritter

Natalie Pelaez has been named design and digital content specialist at accounting and professional services firm Boyer & Ritter. She will support execution of the firm’s strategic marketing initiatives and communications efforts.Pelaez graduated from Towson University with a degree in electronic media and film, with concentrations in film, video and digital media. She previously produced […]

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Bank to form holding company

Lancaster County-based Bank of Bird-in-Hand is seeking shareholder and regulatory approval to form a holding company, a common step for banks as they grow. The holding company would be called GELT Bancorp Inc., incorporating the Amish word for money. The bank also uses the word for its mobile branches, called Gelt buses.Existing bank shareholders would become shareholders in […]

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entrepreneurship

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Lancaster nonprofit names first top exec

Dauphin County winery files bankruptcy, seeks buyer

Lanco financial firm merges with Denver peer

Members 1st Federal Credit Union

RKL LLP

The Giant Company

Retirement community plans $27M building project

Oregon Dairy property sold in leaseback deal

Ecore International

Barley Snyder

Changing spaces 05.17.24

Ollie’s poised to buy stores from bankrupt retailer

Harrisburg building eyed for makeover fetches $14.5M

Dauphin County Library System

Inch & Co. launches $20M real estate fund

Five years in, WellSpan CEO looks ahead

Boyer & Ritter

Bank to form holding company

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