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NJ operator mulls bid for senior living campuses in Central PA

A second suitor is eyeing a bid for the assets of SpiriTrust Lutheran, a York-based nonprofit senior living provider that filed for bankruptcy in November amid rising costs and declining revenue. The potential bidder is Lutheran Social Ministries of New Jersey, which has been managing SpiriTrust’s campuses under an agreement inked in February 2024, according to court […]

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Fulton Bank

Gordon Roder has been named treasurer of Lancaster-based Fulton Bank. Roder previously held leadership roles at Third Federal Savings & Loan, Flagstar Bank and ABN AMRO.  Roder will oversee Fulton’s corporate treasury and asset liability operations and guide the bank’s management of market and liquidity risks while advancing its long-term growth strategy. His hiring is not the only executive […]

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Regional bank agrees to $354M sale

Camp Hill-based LinkBancorp opened in 2018 following a round of consolidation that took out several banks in Central Pennsylvania. Now, with bank mergers again on the upswing, LinkBancorp is on the sell side. Alexandria, Virginia-based Burke & Herbert Financial Services Corp. has agreed to buy the bank in an all-stock deal valued at $354.2 million. The transaction, expected […]

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York County Community Foundation

Cathy Bolliger has been named director of grantmaking for the York County Community Foundation. Bollinger, who has worked at the foundation since 2014, will lead its grantmaking operations from application review through impact measurement, ensuring that every stage of the process advances long-term, equitable progress for York County. During her tenure at the foundation, Bollinger […]

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Penn State Health

Mumtaz Darbar has been named executive vice president and chief transformation officer at Penn State Health, a new role for the regional health system based in Derry Township, Dauphin County. Darbar was previously the system’s chief clinical and academic integration officer, a post she took in 2023. In her previous role, Darbar led efforts to […]

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Trustee seeks liquidation of Heller assets in lieu of reorganizing

The independent trustee overseeing the bankruptcy of Lancaster County business owner Daryl Heller wants to convert Heller’s case from a Chapter 11 reorganization to a Chapter 7 liquidation. It’s a matter of the finances, according to a filing this week by the trustee, Fred Stevens of New York-based law firm Klestadt Winters Jureller Southard & Stevens.  […]

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Boyer & Ritter

Thomas Grossman is joining regional accounting firm Boyer & Ritter as a manager in the firm’s dealership group. An experienced accountant and CPA, Grossman recently worked as senior controller for a Philadelphia-area automotive dealership. He worked for another dealership, as well, over a career of nearly two decades. He also worked as a supervisor for […]

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Carlisle-area steel fabricator sold

Ritner Steel, a steel fabricator based in Middlesex Township, Cumberland County, has been acquired by Cranbrook Partners & Co., a Troy, Michigan-based investment firm that aims to grow the companies in its portfolio. Terms of the transaction were not disclosed.  Cranbrook executives did not reply to emailed questions about the deal, which closed on Dec. 8. […]

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Giant closing ecommerce fulfillment centers in Lancaster, other PA locations

Carlisle-based grocery chain The Giant Co. is closing ecommerce fulfillment centers in Lancaster and four other places in Pennsylvania as it changes its approach to delivering groceries ordered online, a service known as Giant Direct.  Giant is dropping its centralized model in favor of a store-based approach, according to company spokesperson Ashley Flower.  Giant employees […]

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Jobless benefits bill clears final legislative hurdle

Tweaks to jobless benefits in Pennsylvania are heading to the governor’s desk. The state House yesterday followed the Senate in approving legislation that makes it easier for victims of domestic violence to qualify for unemployment benefits and delays benefit cuts that were scheduled to take effect next year. The changes drew bipartisan support, with Philadelphia-area Democratic […]

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Penn State Health

Penn State Health executives John Goodyear and Tara Gardne have been promoted to regional leadership roles for the health system, which is based in Derry Township, Dauphin County. Goodyear has been named regional COO and vice president for Cumberland County hospitals Penn State Health Hampden Medical Center and Penn State Health Holy Spirit Medical Center. He […]

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Court upholds $55M sewer sale amid conflicting takes on customer impact

In 2022, state utility regulators approved the $55 million sale of a Chester County sewer system. A state appeals court overturned the approval in 2023 over concerns that the transaction would boost costs for customers. In a ruling yesterday, Pennsylvania’s highest court reversed the appeals court and approved the deal between Aqua Pennsylvania‘s wastewater arm and the […]

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Land, retail space sold

Fortune Investment Properties LLC paid $2 million for a 57-acre property at 151 Wolfs Bridge Road in Middlesex Township, Cumberland County, according to county deed records. The seller was Carlisle Aerie #1299 Fraternal Order of the Eagles, which used the site as a picnic grounds. The property includes a 6,630-square-foot event center, an additional 1,500-square-foot […]

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Barley Snyder

Maria Di Stravolo Elliott has been named chair of the construction industry group at Lancaster-based law firm Barley Snyder. Elliott, a partner at the firm, previously chaired the group and returns to the role with extensive experience guiding clients through complex construction and real estate matters. She succeeds partner Christopher A. Naylor, who now leads […]

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Warehaus

Dan Creep and Erin Himmelberger have moved into director roles at Warehaus, a York-based design and engineering firm. The promotions allow company co-owners Troy Bankert and David Koratich to focus on their executive leadership roles. Bankert is president and CEO, while Koratich is COO. Creep, who has worked at Warehaus for more than two decades, has […]

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Bankrupt senior living provider eyes $41M asset sale

The assets of SpiriTrust Lutheran are heading to the auction block after the regional senior housing provider filed for bankruptcy protection in November. The York-based nonprofit has reached a tentative agreement to sell its senior living campuses and apartments to Concordia Lutheran Ministries, a senior living provider based in Butler County. SpiriTrust operates six retirement campuses and three […]

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Acquisition expands regional CPA firm’s Lancaster footprint

Rregional accounting firm Brown Plus is acquiring Ross Buehler Falk & Company LLP, an accounting firm based in Manheim Township, Lancaster County. Terms of the transaction, which takes effect Jan. 1, were not disclosed. The deal bolsters Brown’s presence in Lancaster, where it has an office of 22 people. Ross Buehler adds 24 more, including partners Sean […]

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