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Investment Real Estate Group of Companies

Sven Ericson has been named district manager for Investment Real Estate Group of Companies, a York-based owner and operator of self-storage facilities. Ericson worked most recently in leadership roles at Self Storage Plus, where he oversaw operational and financial initiatives, and at CubeSmart Self Storage, where he managed multistate portfolios and supported growth through innovation […]

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Partner, investors exit controversial hydro project

A partner and two minority investors have left the partnership spearheading a controversial hydroelectric project in York County, according to documents filed this week with federal regulators. The departures reflect personal decisions rather than any differences of opinion, according to the partnership’s remaining owner, Bill McMahon. Still, McMahon acknowledged that his former partner, Jan Sockel, […]

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Mid Penn Bank

Christina Dinger has been named senior vice president and director of enterprise-wide project management for Mid Penn Bank, the chief operating subsidiary of Harrisburg-based Mid Penn Bancorp. Dinger worked most recently as senior vice president, senior manager II of transformation delivery at M&T Bank, where she directed large-scale programs that advanced growth and operational efficiencies. […]

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Double-digit spike ahead for health plan costs

After warning for months that the cost of Obamacare health plans would be higher next year, Pennsylvania regulators delivered the final numbers this week. The spike for small businesses is not quite as high as the initial forecast, according to the Pennsylvania Insurance Department, which approves the premiums. But the jump is higher than projected […]

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Regional home improvement biz sold

Renewal by Andersen of Central PA, an independently owned retail affiliate of Minnesota-based door and window manufacturer Andersen Corp., has been acquired by another Andersen affiliate, St. Louis-based The Birner Group. Terms of the transaction were not disclosed. The Central PA Andersen affiliate was owned by Joe Zisman, who is retiring after five decades in the industry, […]

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Doceo

Juleen Bixler has been named vice president of operations at Doceo, a York-based business equipment and technology company. A graduate of Central Penn College, Bixler has more than 15 years of experience in the office technology and services sector. “Juleen’s experience and integrity speak for themselves,” John Lewis, Doceo’s CEO and president, said in a […]

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Lancaster developer raising capital, mulling IPO

A Lancaster-based developer has tapped an investment banking firm in a bid to drum up capital and expand its portfolio of projects. Developer Elevare Corp., formerly known as OZFund Inc., hopes to raise $50 million from investors and eventually become a public company, according to its founder and CEO, Jeremy Feakins.  The company’s investment banker is San […]

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Saxton & Stump

Tonya Sulia Goodman has joined Saxton & Stump as a senior counsel in the Lancaster-based law firm’s Pittsburgh office. Goodman worked most recently as deputy criminal chief in the U.S. Attorney’s Office in the Western District of Pennsylvania, where she supervised 34 attorneys and four paralegals and oversaw prosecutions involving white-collar and violent crime, child […]

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Chief of WITF, LNP parent resigns

Ron Hetrick stepped down effective yesterday as president and CEO of Pennon, the Harrisburg-area nonprofit created to oversee regional public media outlet WITF and Lancaster County news publisher LNP Media Group. Pennon board chair Leigh Horner is filling the leadership role while the nonprofit searches for an interim president and CEO. “For a quarter century, Ron Hetrick has been […]

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York county firm strikes deal for Ohio paper plant

Spring Grove-based papermaker Pixelle Specialty Solutions LLC has found a buyer for an Ohio plant it closed over the summer. Pixelle has agreed to sell the plant in Chillicothe, Ohio, to U.S. Medical Glove Co., an Illinois-based company that makes medical gloves. In a news release, Pixelle said it expects $5.5 million in net proceeds from the sale […]

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Finanta

Angie Williams has been named chief human resources officer at Finanta, Lancaster-based nonprofit lender. She worked most recently as HR director for the School District of Lancaster, where she spent more than a decade. Williams has a bachelor’s degree in business administration, with a concentration in HR, from Central Penn College and an MBA from […]

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Members 1st Federal Credit Union

Robert Muth has been named artificial intelligence officer at Members 1st Federal Credit Union. The new title is in addition to Muth’s existing role as senior vice president of infrastructe and operations. As the credit union’s AI officer, Muth will oversee efforts to leverage technology in ways that strengthen the credit union’s relationship-based approach to […]

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York firm scoops up West Shore apartments

One of the West Shore’s largest apartment complexes has changed hands. York-based property manager The Apartment Gallery has acquired The Overlook, a 288-unit complex at 150 Erford Ave. in East Pennsboro Township, Cumberland County. “Multifamily is always a stable investment opportunity, especially in high barrier- to-entry markets like Central Pennsylvania with good workforce fundamentals,” said Mike Maxwell, […]

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Mid Penn Bank

Abe Ibrahim has joined Mid Penn Bank as first senior vice president and regional president of the bank’s central Philadelphia region, overseeing the bank’s growth in a market it has targeted for expansion. He will be based in Philadelphia and report to Scott Micklewright, president of commercial and consumer banking and chief revenue officer. Ibrahim […]

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Health systems settle lawsuit over alleged ‘no poach’ deal

Geisinger and the former Evangelical Community Hospital have agreed to pay $28.5 million to settle claims they forged a secret agreement not to poach each other’s workers, allegedly stifling competition in the labor market and depressing wages. Danville-based Geisinger, now owned by Kaiser Permanente, is paying $19 million, while Lewisburg-based Evangelical, now part of WellSpan Health, is paying $9.5 […]

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Highmark Health

Karen Hanlon has been named president of Pittsburgh-based Highmark Health. She succeeds David Holmberg, who is retaining his title as CEO. Hanlon has been the health system’s COO since 2018 and will keep that title. She joined Highmark’s finance division in 1997 after a stint with accounting firm KPMG Peat Marwick. She rose within the division and was […]

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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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