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Banking & Finance

Lancaster ATM operator agrees to liquidation

During a court hearing yesterday, Lancaster-based Blackford ATM Ventures consented to a petition forcing it into Chapter 7 bankruptcy liquidation. The next step is to appoint a bankruptcy trustee to oversee distribution of the company’s assets. The process is not likely to be straightforward, acknowledged an attorney for Silverview Credit Partners, the Florida-based lender that sought to force Blackford […]

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Lancaster ATM operator strikes deal with creditor

A Lancaster-based ATM operator has struck a tentative deal with a creditor that wanted to force it into bankruptcy. Under the deal, Blackford ATM Ventures is getting time to file voluntarily for Chapter 11 bankruptcy, allowing it to reorganize, according to an attorney for the creditor, Silverview Credit Partners. The Tampa-based private lender had sought to impose a Chapter […]

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Lender wants to force Lancaster ATM company into bankruptcy

A Tampa-based private lender is asking a bankruptcy judge to force Lancaster-based Blackford ATM Ventures into Chapter 7 bankruptcy and appoint a trustee to oversee the company. Silverview Credit Partners is arguing that a petition for what is called involuntary bankruptcy is the best way to preserve assets for creditors. Silverview floated two loans to […]

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Fulton closing 15 branches

Fulton Financial is closing 15 branches this spring, including three in York County, in a move described by a Fulton spokesperson as aligning the bank’s services with trends in customer behavior. Like its peers, the Lancaster-based bank is seeing growth in the use of online and digital tools — reducing the need for physical branches […]

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Bank claims could complicate recovery for ATM investors

Investors hoping to recover money from Lancaster-based ATM operator Paramount Management Group are facing a new hurdle. In a legal filing this month, a Berks County bank claims it has a stake in some of Paramount’s ATMs, as well as any revenue they may be generating. Customers Bank is asking a Lancaster County judge to stay an earlier […]

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Financial firm names new president

The proverbial corner office at Conrad Siegel has a new occupant. The employee benefits consulting and investment advisory firm in Susquehanna Township, Dauphin County has named Abigail Fortino as its next president, effective Jan. 1. She was also named chair of the firm’s management committee. She succeeds Mark Bonsall, who had been president of the firm since […]

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Chambersburg bank unveils new leader

Franklin Financial Services, the Chambersburg-based parent of F&M Trust, is rolling out a succession plan for its retiring chief executive. The bank has tapped Craig Best, the former CEO of a Scranton bank, as its next leader effective Jan. 14, according to a regulatory filing. Best, 64, is succeeding Tim Henry, who announced in November that he would retire […]

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Hearing raises new questions for beleaguered ATM network

Is it fraud or a failing business? That was one of the questions hanging over a court hearing held yesterday morning to consider contempt charges against Paramount Management Group, a Lancaster-based ATM network being sued by its investors. The investors want Paramount held in contempt for its alleged failure to abide by a court order issued earlier […]

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$15M gift to speed growth of Lancaster-based lender

Earlier this year, leaders at Lancaster-based Finanta Credit Union put together a five-year growth plan. Thanks to a $15 million gift from a familiar benefactor, the plan is likely to move much faster. Finanta was one of 199 organizations nationwide to receive donations this year from MacKenzie Scott, the ex-wife of Amazon CEO Jeff Bezos and a growing philanthropic […]

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Legal woes mount for Lancaster-based ATM operator

Claims against a Lancaster-based ATM network took on new forms during a roughly one-hour hearing held Friday afternoon in a Lancaster County courtroom.   An attorney representing disgruntled investors in the network raised concerns about money flows involving the network’s operator, Paramount Management Group, and questioned whether the operator had inflated the number of ATMs it owned. […]

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Studies see benefit in state-run retirement savings

State-backed retirement plans, which have been proliferating around the U.S., appear to boost savings among workers, according to a study released yesterday. Workers are 20% more likely to contribute to a retirement savings account if they work at a business in a state that has an auto IRA program, according to the study, undertaken by […]

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Mid Penn to buy flagging Philly-area bank

Mid Penn Bancorp is deepening its reach in southeastern Pennsylvania and South Jersey with the acquisition of a Bucks County bank that has been squeezed by high interest rates. Harrisburg-based Mid Penn has agreed to pay about $127 million for Bristol-based William Penn Bancorporation.  The all-stock deal is slated to close in the first half of 2025, […]

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State authority rolls $1M into new venture fund

A new venture fund in Central Pennsylvania is closer to its fundraising goal thanks to an investment this week from a state authority. The Ben Franklin Technology Development Authority has poured $1 million into the fund, Keystone Innovation Fund II, a joint venture between York-based White Rose Ventures and State College-based 1855 Capital.  The fund is on track to close by […]

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What led a York bank to sell

Traditions Bank earned record profits in 2020 and 2021. But when interest rates shot up between March 2022 and July 2023, the York-based bank ran into financial headwinds that called into question its ability to remain independent without cutting staff and trimming plans for growth. The resulting discussions among bank executives and directors led to the deal […]

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Construction

Deal bolsters arm of Harrisburg engineering firm

Seeing a need among its clients, engineering services firm The Lexis Group LLC launched a construction inspection division in February 2024. But it has been challenging to find qualified inspectors, according to Lexis principal and chief marketing officer Ann Leiner.  So, leaders of the Harrisburg-based firm embraced the opportunity this spring to add nearly 50 inspectors through […]

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Lanco contractor acquiring neighboring firms

Brubacher, a specialty construction contractor based in Brecknock Township, Lancaster County, is acquiring Abel Construction and Abel Recon, sister companies based in West Hempfield Township, Lancaster County. Terms of the transaction, slated to close at the end of this month, were not disclosed. Founded in 1971, Brubacher is a family-owned earthwork, underground utility and paving contractor with about […]

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WellSpan, Inch settle sports center lawsuit

WellSpan Health and Inch & Co. reached a settlement in a lawsuit filed last week by WellSpan over a proposed sports complex on which they have been partnering, according to a WellSpan spokesperson and an Inch & Co. executive. The settlement includes transferring ownership of the sports complex site to WellSpan, according to health system spokesperson Ryan Coyle. […]

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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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Lancaster nonprofit juggles trio of housing projects

Chestnut Housing Corp., a nonprofit focused on affordable housing, is bringing one project to completion and shoring up funding for its next venture while laying the groundwork for a third. The project poised to open this summer is an eight-unit affordable housing complex called Milburn Apartments at 607-609 Rockland St. in Lancaster, according to Chad […]

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Grant backs mixed-use project

A Harrisburg nonprofit has landed a $500,000 state grant for a mixed-use project in Harrisburg’s low-income Allison Hill neighborhood. The $3.3 million project calls for erecting a 15,000 square-foot building at the corner of South 13th and Market streets in Harrisburg, according to Tannon Herman, executive director of Wildheart, the community development nonprofit behind the project, […]

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Hanover contractor buys concrete company

Conewago Manufacturing LLC, an affiliate of Hanover-based contractor Conewago Enterprises Inc., has acquired Hanover Concrete Co., which has operations in Hanover, Gettysburg and Shrewsbury. Terms of the transaction, which was finalized on April 1, were not disclosed. David Albright, president of Hanover Concrete, is joining Conewago as vice president of ready-mix sales.  The combined companies provide ready-mix […]

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York, Lanco rehab projects land state grants 

The state is pouring more than $1.3 million into a pair of renovation projects in York and Lancaster counties as part of a program to fund downtown revitalization. Lancaster-based nonprofit Community Basics Inc. landed $823,917 to rehab a 23-unit affordable-housing complex in Maytown called Three Center Square. The York County Industrial Development Authority is getting $504,050 to advance […]

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Harrisburg planners OK first steps in hospital redevelopment

Harrisburg’s planning commission unanimously approved a plan last week to subdivide the former Polyclinic Hospital campus last week, clearing the way for a developer to begin the first phase of a $45 million mixed-use project in the city’s Uptown neighborhood. The commission also approved a change to the property’s zoning from institutional to commercial neighborhood.  […]

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Lancaster hotelier inks deal to bring startup hotel brand to Central PA, Lehigh Valley

A local hotelier is planning to bring a startup hotel brand to Lancaster, York and other towns in Central Pennsylvania and the Lehigh Valley.  Shakher Patel, co-founder of Lancaster-based Destiny Partners LLC/Destiny Hospitality LLC has signed a franchise agreement with stayAPT Suites to open five of the brand’s extended-stay hotels. In an interview with biznewsPA, Patel said he hopes […]

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Developer contests sewer fees

A Harrisburg-area developer is sparring with a Lancaster County township and authority over sewer tapping fees assessed on a recent apartment project. In a lawsuit filed at the end of last year, the developer, an affiliate of Lower Paxton Township-based Triple Crown Corp., argues that the fees were excessive, and it demands a partial refund. “They […]

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Board rejects tax abatement for North York sports complex

Local school officials declined to award a tax abatement for a recreational sports center slated for construction in North York. York-area developer Inch & Co. has been asking the Central York school board for local tax relief for the $34.5 million project, which is backed by WellSpan Health. But at a meeting Wednesday evening, the board’s three-member business […]

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Beverage distributor pouring millions into new center

A regional beverage distributor is planning a $100 million-plus sales and distribution center in Lebanon County that will replace a smaller facility on the West Shore. ACCB Harrisburg RE LLC, a local subsidiary of Pittsburgh-based ABARTA Coca-Cola Beverages, is building the 240,000 square-foot center on a roughly 52-acre lot in South Lebanon Township. It would be the […]

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Lebanon supplier relocates HQ

The corporate headquarters of APR Supply, a distributor of HVAC and plumbing supplies, is moving from Lebanon to an office building in Manheim Township, Lancaster County. In a statement, company president and CEO Scott Weaver attributed the move to the company’s growth.  APR has acquired several firms in recent years and now has about 475 employees […]

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Panel denies zoning request for Inch & Co. housing plan

In a unanimous decision, the Manchester Township zoning hearing board rejected a request that they alter zoning rules for a proposed housing development along Pennsylvania Avenue south of Route 30. The board members said that -based developer Inch & Co. had not adequately justified its need for zoning relief. Inch proposed building 109 single-family homes on […]

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Economy

PUC TO PROBE REQUEST FOR DOUBLE-DIGIT WATER HIKE

State regulators plan to take a closer look at a double-digit rate increase being sought by Pennsylvania American Water to cover investments in its water and sewer systems. The move was approved yesterday in a unanimous vote by state utility commissioners. As a result, the increase will be suspended for up to seven months while officials from the Pennsylvania Public Utility […]

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PODCAST: INCLUSIVE HIRING

When Michael Coy joined Wolfgang Confectioners as its workforce development manager, the candy maker employed about five people who spoke Spanish. Now, the Loganville-based company employs more than 100, a change Coy attributes to the company’s willingness to listen to employees and meet their needs, regardless of their background and experience. Coy shares Wolfgang’s experience […]

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Podcast: Logistics

Supply chains used to be something of an afterthought for most companies. They would fix it and forget it. But over the last couple of years, supply chains have emerged as a critical element of business strategy, in part because they have been so hard to get right. In this episode of the York County […]

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Effort aims to diversity city contracting

The city of Harrisburg spent about $150 million on contracts for goods and services between 2017 and 2021. Slightly more than 7% of the total went to Black-, women- veteran-, and other minority-owned contractors, according to estimates in a study published last fall on contracting disparities in Pennsylvania’s capital. If spending had been in line with […]

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Lancaster ag firms scoop up farm assets

A longtime Lancaster County farming family has sold off most of its operations to a pair of local ag companies. The Esbenshade family sold its feed mill, swine operations and related properties to The Wenger Group and its shell-egg operations to Kreider Farms.  Terms of the transactions were not disclosed in yesterday’s announcement of the two deals. The […]

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Podcast: The business of farming

Advanced technology is sowing the seeds, often literally, for the future of farming. Automated and AI-powered tools can plant seeds, assess crop health and pick the finished product from the field — or greenhouse. But technology alone won’t save farmers. They also need to rethink and reinvent their business models. This edition of the YCEA […]

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Podcast: Workforce Development

Business leaders may be wondering where they will find the skilled people they need to keep their companies running and growing in the years ahead. This edition of the YCEA podcast, produced in partnership with biznewsPA, offers perspective from those in the trenches of training. It features Pedro Rivera, president of Thaddeus Stevens College of […]

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Podcast: Arts and the economy

When Covid-19 struck in March 2020, it upended the livelihoods of people who built careers around art, music, theater and other cultural pursuits that thrive on live audiences. Arts and culture are bouncing back, like other sectors of the economy. But they still have some ways to go to reach their pre-pandemic state, according to […]

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Podcast: Welcoming Workplaces

Last fall, the York County Economic Alliance rolled out an initiative called Welcoming Workplaces. Its end goal is to promote inclusion, diversity and shared prosperity in the region. But the initiative also involves something of a journey for the organizations that have elected to take part. Marissa Bankert, executive director of IEC Pennsylvania; Anika Jackson, […]

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Program aims to shower capital on small biz in PA

Pennsylvania’s small businesses are in line for a capital infusion of nearly $268 million under a program announced July 18 by the Wolf Administration The money is coming from the federal government via the American Rescue Plan ActBut it will be distributed by the state, specifically the state Department of Community and Economic Development.Other hands […]

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York venture fund adds to portfolio

A York-based venture fund has added to its portfolio of regional startups as it aims to bolster entrepreneurship in Central Pennsylvania. Founded in 2020, White Rose Ventures disclosed an inaugural round of investments in four companies earlier this year.At the end of last week, it unveiled investments of nearly $1.3 million in three more startups. Which are: ReturnLogic, Evermind and TEAMology. Based in Carlisle, ReturnLogic is […]

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Budget delivers big win, some misses for business

State lawmakers last week delivered a tax cut long sought by Pennsylvania’s business community. But in adopting a $45.2 billion budget on July 8 for the current fiscal year, they left out other sought-after provisions. The headline news is the immediate cut and subsequent phase-down of the state’s corporate net income tax, which had been […]

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Podcast: Pain at the pump

You don’t need a headline to tell you that fuel prices are high. But you can listen in to the latest edition of the York County Economic Alliance podcast produced in partnership with biznewsPA. Richard Farr, executive director of rabbittransit, describes how of one of Central Pennsylvania’s largest public transit providers is adapting. Mark Wisniewski, […]

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Podcast: Business leaders talk early childhood education

Listen in as a panel of experts discusses the importance of quality, affordable and accessible childcare in the region: Tony Campisi, chairman of Glatfelter Insurance Group; Andrea Heberlein, executive director of the Pennsylvania Early Learning Investment Commission; Jim Hoehn, regional president pf PNC Bank; and Heather Miller, chief education officer at the York Jewish Community […]

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York leaders revive grant program for early childhood ed

Business and childcare leaders in York County have raised more than $500,000 for a grant program designed to improve the quality of early childhood education in the county, replacing a state program that was cut during the pandemic. Leading the charge have been Anthony Campisi, chairman of York-based Glatfelter Insurance Group; Pete Brubaker, president of […]

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entrepreneurship

Group pitches region as health-tech hub

Can Central Pennsylvania become a hub for innovations in telemedicine and other health care technologies? That’s the hope of a new consortium coming together to craft a plan for getting us there. The group includes a who’s who of local economic development agencies, health systems, colleges and private-sector players, including Lancaster-based Emerald Asset Management and Siemens Medical Solutions USA. […]

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Black-owned firms tapped for legal services program

McNees Wallace & Nurick has picked 10 small, Black-owned businesses to receive free legal services in the third annual installment of the Harrisburg-based law firm’s program to overcome barriers to business growth and success. The small businesses, introduced last week at a reception at the King Mansion in Harrisburg, hail from across Central Pennsylvania, as well […]

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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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Text marketing firm moves to Lancaster

Last fall, Lancaster-based private equity firm PennSpring Capital bought a majority stake in Mobiniti, a text marketing firm based in Wilkes-Barre. This week, a PennSpring entity paid $1.55 million for a building in Lancaster where it plans to relocate the operations of Mobiniti, which employs about 20 people.The move brings Mobiniti closer to PennSpring, which offers support to […]

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Dame Leadership snaps up employee-assessment firm

Harrisburg-based management consulting firm Dame Leadership is hoping to take its services nationwide after acquiring an employee-assessment company with clients around the U.S.  Dame Leadership said this week it has acquired Success Performance Solutions, a company born in Lancaster but now based in the Lehigh Valley. Terms of the deal — Dame Leadership’s first-ever acquisition — were not disclosed.“We’re […]

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ReturnLogic raises capital to feed growth

West Shore-born tech company ReturnLogic has raised $8.5 million from investors as it looks to exploit opportunities to streamline product returns in the growing world of ecommerce. The new capital will allow the company to hire more people and develop more products, according to a press release.ReturnLogic makes software and other tools that help online retailers manage returns, […]

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Harrisburg-area firm agrees to sale

Ritter Insurance Marketing, a Harrisburg-area firm that provides products and services to independent insurance agencies, has been sold. Dallas-based Integrity Marketing Group said May 18 it has agreed to buy Ritter, which employs about 280 people in Susquehanna Township and at satellite offices around the U.S.Terms of the deal were not disclosed. But Craig Ritter, an owner […]

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Hershey-area startup acquired by Pittsburgh firm

A Pittsburgh-based life sciences company has acquired Fathom Pharma, a Hershey-area startup focused on developing safer pain medications. As a result of the deal, Fathom is now a subsidiary of Consegna Pharma. Other terms of the transaction were not disclosed.Together, the two companies hope to develop innovative products that treat overdoses, addiction and pain.They rely […]

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Lancaster entrepreneurs aim to tackle school-based mental health challenges

Barbara Grimm, above left, worked with David Cooper to create the School Responder app (photos/submitted). During more than a decade working in the Lampeter-Strasburg School District in Lancaster County, Barbara Grimm saw a growing problem. More and more students needed help grappling with behavioral health issues, said Grimm, who worked in a variety of administrative […]

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Fledgling venture fund makes first investments

After raising roughly $10 million, a startup venture fund in York has disclosed an inaugural round of investments. Martin Fedorko, left, and Alexa Born founded White Rose Ventures in 2020 (photo/submitted). White Rose Ventures has plowed $1.73 million into companies in Lancaster, Harrisburg and YorkThe firm also unveiled a nonprofit, Braided River Collective, designed to support entrepreneurs around […]

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New venture aims to streamline project subcontracting

Shortages of labor and materials are giving companies headaches. Michael Bistline is hoping to bring some targeted relief through a new venture launched this month by his Harrisburg-area business, Phillips Workplace Interiors. The venture is called Condivx and it aims to serve as a one-stop shop for general contractors looking for subcontractors at a time […]

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Youth-soccer franchisor adds outside investor

The founders of Middletown-based Soccer Shots are hoping an outside investor can help kick their company into new territory The investor is Susquehanna Private Capital. The Bala Cynwyd-based private equity firm has taken an undisclosed ownership stake in Soccer Shots, whose franchisees provide soccer programs for children ages 2 to 8. Terms of the transaction were not disclosed. […]

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Food

Cultivate Lancaster

Catherine Bonser has been named executive director of Cultivate Lancaster. The position had been vacant, according to a spokesperson for the nonprofit. A former Kodak and Dentsply Sirona executive, Bonser has spent the last seven years as a volunteer for the Lancaster-Lebanon chapter of SCORE, a nonprofit that provides experienced mentors to small businesses. Under her leadership, Cultivate Lancaster is […]

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Penn Medicine Lancaster General Health

Michael Barber has been named CEO of Penn Medicine Lancaster General Health after working as interim leader since June. He succeeds John Herman, who left to become CEO of Tufts Medical Center in Boston. Barber came to LG Health in 2023 as COO following a 27-year career at Penn Medicine’s Chester County hospital, where he oversaw projects such as […]

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Steel fabricator leases Red Lion space

SWF Industrial, a metal fabricator based in Wrightsville, is adding a third production location, a 39,200-square foot industrial space at 100 Redco Ave. in Red Lion. The company, which employs about 175 people, already operates two production facilities totaling a combined 106,000 square feet in eastern York County. SWF has been getting close to its […]

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Harrisburg U stops bond payments while in talks to restructure debt

Harrisburg University of Science and Technology is pausing bond payments as it looks to restructure debt tied to a real estate investment that has yet to pan out. That would be the $100 million in bonds the university floated to pay for an 11-story health sciences building at 222 Chestnut St. The university said yesterday that […]

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Rutter’s

York-based convenience store chain Rutter’s has hired two category managers. Michael Jackson is overseeing multiple areas, including packaged beverages and grocery. He worked most recenty at High’s of Baltimore, a 52-store convenience chain, where he was a senior category manager responsible for packaged beverages and all center store categories. Before that, he spent 11 years […]

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Bank sells Camp Hill loan office

A former loan office for F&M Trust has changed hands. The Chambersburg-based bank sold the office at 3907 Market St. in Camp Hill for $899,900 to residential real estate agents John and Jamie Esser, according to Lemoyne-based real estate firm Campbell Commercial Partners LLC. Jessica Gasper and Arthur Campbell of Campbell Commercial represented the seller. F&M relocated […]

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Is a sale in the works for Steelton plant?

Executives at Cleveland-Cliffs said this week they have buyers for some of their idled plants, a group of assets that includes a massive factory in Steelton. On a conference call with stock analysts, company execs said they expect to generate $425 million from selling the idle plants — and that the Ohio-based steelmaker already closed on one deal […]

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Saxton & Stump

Saxton & Stump has added staff from Design IP, a boutique intellectual property law firm in the Lehigh Valley. The move adds three attorneys, a paralegal and a new Allentown office for the Lancaster-based law firm. Design IP was founded by Damon Neagle, who is joining Saxton & Stump as a shareholder. He brings with him […]

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WellSpan mini hospital poised to open

WellSpan Heath is preparing to admit the first patients to Newberry Hospital, the first of three mini hospitals being developed by the regional health system.  Located next to the Newberry Commons shopping center in Newberry Township, York County, the small-format hospital is set to open in early March, according to WellSpan leaders, who offered a behind-the-scenes look […]

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Metal fabricator adds space as demand takes off

When Brian Greenplate acquired Precision Cut Industries Inc. in 2004 the company had 25 employees and annual revenue of about $3 million Yearly sales for the contract metal fabricator have grown to about $50 million, and they are expected to jump again this year thanks to demand from customers in energy, commercial construction and data centers, […]

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MPB Financial

Jordan Space has been named chief revenue officer of MPB Financial, the nonbanking subsidiary of Harrisburg-based Mid Penn Bancorp Inc. MPB Financial houses Mid Penn’s insurance, wealth management and private banking units.  Space, who joined Mid Penn in 2022, will also continue in his current role as president of Mid Penn Private Bank, which offers financial services […]

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Advocates renew push for statewide carbon limits

In November, the Shapiro administration agreed to drop controversial state rules curbing carbon emissions from large power plants in return for Senate passage of a delayed state budget. Three months later, environmentalists are pushing for an expanded version of the rules, arguing that the state’s failure to crack down on carbon pollution violates environmental protections […]

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Barley Snyder

Former Lancaster County Court of Common Pleas President Judge David Ashworth has joined law firm Barley Snyder as a mediator. Ashworth retired from the bench in January following a career of more than four decades. He spent 26 years on the Lancaster County court, overseeing criminal, civil and other cases. He served as president judge […]

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York-area entrepreneurs plan indoor climbing gym

A small retail building near the York Galleria mall in Springettsbury Township, York County, is heading for a makeover. Entrepreneurs Hale and Kate Milano are converting the property at 1955 Whiteford Road/1201 Memory Lane into one of the region’s first dedicated indoor rock-climbing facilities. It’ll be called Off Grid Climbing & Fitness. Avid climbers, the Milanos […]

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Government

Rule for spill reporting elicits mixed reviews

Environmental groups are slamming a proposed rule designed to help companies in Pennsylvania figure out when they need to disclose accidental spills of hazardous chemicals. Drafted by the Pennsylvania Department of Environmental Protection, the rule aims to clarify what kinds of spills should be reported to regulators. But environmentalists argue the rule gives businesses too […]

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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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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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House OKs bill stiffening penalties for misclassifying workers

The Pennsylvania House last week approved legislation to beef up penalties for companies that misclassify employees as independent contractors. The vote in the Democratic-led state House was 113 to 90, with a handful of Republicans backing the measure. However, the margin of victory was narrower than in a 2023 vote on a similar bill, which […]

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For-profit healthcare deals under fire

Gov. Josh Shapiro and allied lawmakers are taking aim at the role of private equity in healthcare, arguing there is a need for action after the fallout from hospital closures in suburban Philadelphia.  They are pushing legislation that would give state officials greater say over deals between nonprofit healthcare providers and all for-profit buyers, not […]

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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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Federal cuts hit manufacturing services providers

The federal government has canceled contracts with organizations that assist small and midsized manufacturers in 10 states, cutting off a major source of funding. Pennsylvania is not one of the 10. Nonetheless, the cancellations raise questions about the fate of similar organizations in the Keystone State, including York-based Mantec.  The nonprofit receives federal funding via a […]

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Regional repair shop faces federal charges

Federal authorities are leveling pollution-related charges against Pro Diesel Werks, a vehicle service business with operations in Lebanon and Reading, as well the company’s owner and a service manager. They allegedy violated the federal Clean Air Act by disabling pollution control systems on diesel vehicles and tampering with their diagnostic systems, which are supposed to […]

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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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Lawmaker pitches power plan

A state lawmaker is seeking support for legislation that would make it easier for regulated electric utilities to invest in and possibly own power plants, an idea recently floated by executives at Allentown-based PPL Electric Utilities. The concept responds to growing concerns that the electric grid is not adding enough new power to accommodate a surge in […]

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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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Health Care

Health-equity proposal spurs questions from state lawmakers

Insurers could soon be facing a new requirement if they want to sell policies through Pennsylvania’s subsidized health insurance marketplace, known as Pennie. The operator of the marketplace is proposing a regulation that would require insurers to become accredited in health equity. The Pennsylvania Health Insurance Exchange Authority argues that health equity is a “well-recognized […]

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Select Medical’s workplace health unit files for IPO

Concentra, the occupational health subsidiary of Mechanicsburg-based rehab chain Select Medical, filed last week for an initial public offering of stock, though many of the details remain to be filled in — including the timing and share price for the IPO. Nonetheless, the filing presents a fairly detailed overview of Concentra, its operations and its outlook on the […]

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Construction begins on Carlisle-area mini hospital

WellSpan Health broke ground yesterday on the second of three mini hospitals it is opening in Cumberland and York counties.  The latest small-format medical center is going up at 1201 Walnut Bottom Road in South Middleton Township, Cumberland County — expanding WellSpan’s reach in one of the fastest-growing counties in Pennsylvania. Dubbed WellSpan Carlisle Hospital, the […]

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Harrisburg U draws $5M gift to boost PT programs

Select Medical Corp., a national rehab chain based in Cumberland County, is giving $5 million to Harrisburg University of Science and Technology over the next five years. The gift, announced yesterday, will support the school’s undergraduate program in exercise science and a doctoral program for physical therapists. “We are thrilled to partner with Harrisburg University to shape the future […]

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Firms win fight over medical cannnabis recall

In a ruling handed down last week, a Pennsylvania court overturned an effort by health officials to recall hundreds of vaping products previously approved for use in the state’s medical marijuana program. The controversial recall, ordered in February 2022 by the Pennsylvania Department of Health, was tantamount to a regulation, according to the ruling in […]

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PA’s top court to weigh coverage of CBD oil in workers’ comp

The state’s top court has agreed to hear a case that turns on whether employers must pay for CBD oil and other over-the-counter products under Pennsylvania’s workers’ compensation program. The Pennsylvania Supreme Court will consider several questions, including whether workers’ comp law requires employers and their insurers to reimburse injured workers who buy CBD oil and […]

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WellSpan breaks ground on first of three ‘mini hospitals’

As they broke ground yesterday on a new “mini hospital” in southern York County, WellSpan Health officials identified the next two locations for the small-format medical centers: the Carlisle area and northern York County. The regional health system is opening the three mini hospitals — in partnership with Texas-based specialty operator Emerus — to bring […]

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PA health systems sue insurer over value-based contract

A network of healthcare providers in western Pennsylvania is suing Aetna over what the providers allege is unfair treatment under the terms of a value-based contract. The contract took effect in 2023 and is supposed to reward the network, Bridges Health Partners, for reducing the cost of care while improving the health of people enrolled in Aetna’s Medicare […]

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WellSpan to acquire Lewisburg hospital 

WellSpan Health has expanded to the east, west and south of its base in York County. The regional health system is now poised to reach north.  WellSpan has agreed to acquire Evangelical Community Hospital, whose leaders have been looking for a partner that could shore up its ailing finances. Terms of the transaction, expected to close this […]

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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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WellSpan eyes drone-delivery service

A regional health system is laying the groundwork for an aerial delivery service. WellSpan Health said yesterday it is partnering with San Francisco-based Zipline to offer a service that would ferry patient prescriptions, lab samples and medical products via autonomous drones. The health system offered no timeline for when service would begin. When it does, it would likely […]

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Court voids price guide for workers’ comp drugs

A state court has shelved the Red Book, a compendium of wholesale drug prices that state officials routinely use to settle disputes over drug costs in Pennsylvania’s worker’s comp program.  In a ruling this week, Commonwealth Court disqualified use of the book after an insurer challenged it, claiming the book’s listed prices were not accurate.  […]

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UPMC sued for allegedly misclassifying workers

UPMC is facing a class-action lawsuit filed by a respiratory therapist who claims she was misclassified as an independent contractor when she worked at the health system’s Harrisburg hospital in 2022. The suit, filed last week in an Allegheny County court, claims the therapist should have been classified as an employee and paid overtime when she […]

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Senior-living organizations to merge

Garden Spot Communites, a New Holland-based senior-living provider, is extending its footprint into the Philadelphia suburbs. The nonprofit has agreed to affiliate with Frederick Living, a senior-living community in Montgomery County. Terms of the deal were not disclosed. But it is expected to close in early 2024. Garden Spot CEO Steve Lindsey will lead the combined […]

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WellSpan to open ‘mini hospitals’ in York, Cumberland counties

WellSpan Health is partnering with a Texas company to open three mini hospitals in York and Cumberland counties that will focus on providing emergency care. The regional health system is still finalizing the locations of the new facilities, said Dr. Anthony Aquilina, executive vice president and chief physician executive for York-based WellSpan. But, he said, they […]

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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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Former manager sues Live over commissions

A company that managed the rock band Live during its 1990s heyday claims in a York County lawsuit that band members owe it tens of thousands of dollars in commissions. The company, Bethlehem-based Media Five, alleges it’s due more than $250,000 under agreements signed in 1990 and 1994, according to the lawsuit, filed in early July. The agreements […]

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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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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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Suit targets Penn State Health retirement plans

In a class-action lawsuit filed in late June, a Penn State Health employee alleges the health system mismanaged employee retirement plans, diminishing their returns and overpaying vendors. The suit argues that the plans included investment choices with subpar returns and that they paid too much for certain administrative vendors in breach of the health system’s fiduciary responsibility […]

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York-area winery faces call to shut down after losing legal appeal

Time may be running out for Moon Dancer Vineyards & Winery, a York County venue wrangling with neighbors who want to shut it down, arguing that its operations violate local land-use restrictions. Superior Court of Pennsylvania, a state appeals court, sided with the neighbors — Matthew Balsavage and Amanda Perko — in a decision published last […]

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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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Pittsburgh law firm opens Lancaster office

Pittsburgh-based law firm Dickie McCamey & Chilcote has opened an office in Lancaster after plucking two attorneys from Barley Snyder. The office at 100 N. Queen St. is Dickie McCamey’s 20th overall and seventh in Pennsylvania. Staffing the Lancaster office are managing attorney and shareholder Luke Weber and associate Tasha Stoltzfus Nankerville.  Weber chaired Lancaster-based Barley […]

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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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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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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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Manufacturing

Lancaster manufacturer winding down Philly subsidiary

Lancaster manufacturer Burnham Holdings Inc. is planning to wind down a subsidiary operating out of a plant in Philadelphia.  Burnham’s move to shutter its subsidiary Crown Boiler is designed to streamline company operations and enhance efficiency.  But it also reflects rising demand for more efficient boilers made by other Burnham subsidiaries, including U.S. Boiler, New Yorker Boiler and Velocity Boiler Works. Crown […]

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York County mulch business changes hands

A York County contractor has sold its mulch and soil division to a conglomerate that has been scooping up similar operations around the U.S. The deal includes mulch production facilities in West York Borough and Jackson Township, where the contractor, H&H General Excavating Co. is based. The buyer is Atlanta-based Oldcastle APG, a unit of Ireland-based building […]

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Capital-area manufacturer closing California plant

MITER Brands, a Harrisburg-based window and door manufacturer, plans to shutter a factory in Simi Valley, California, in early June and shift operations to plants in Arizona and California where the company has invested in expanding production, according to company spokesperson Nick Board.  The Simi Valley plant, which is about 225,000 square feet, employs 397 […]

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Screen manufacturer buys Pittsburgh-area firm

The RiteScreen Co., an Elizabethville-based manufacturer of window and patio door screens, has acquired FlexScreen, a western Pennsylvania company that developed a flexible window screen. A RiteScreen spokesperson declined to disclose the terms of the transaction. FlexScreen’s flexible screens are designed to simplify installation and removal. But it is a relatively small player in the building products […]

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‘Why not give it a shot’: Franklin County manufacturer changes hands

Jim McCleaf was ready to pounce after talking to Wiliam Bowers, the owner of Waynesboro-based manufacturer Pro Tube. Bowers wanted to retire and hoped McCleaf and his wife, Susan, would buy the company, which makes hydraulic, mechanical, exhaust and air-intake tubing. Susan McCleaf suggested a more methodical approach, and the couple spent some time learning about […]

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Lanco manufacturer merged with Tennessee firm

After buying Lancaster County-based ATI Corp. in October 2023, a Houston-based private equity firm began investing in the manufacturer’s future. The investments have bolstered ATI’s sales force, production processes, and research and development, said Ryan Martin, a managing partner at the private equity firm, LDR Partners LP.  Now, LDR is investing in ATI’s leadership. How: Through a […]

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Regional factory jobs stable, but uncertainty looms

After the disruption of the Covid-19 pandemic, the job market is returning to normal for manufacturers in Central Pennsylvania, according to a recent survey by their regional trade association. However, manufacturers face an uncertain year ahead as they absorb the potential for new tariffs promised by President-elect Donald Trump. Depending on how they are applied, […]

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Union drops charges against pork processor

A union representing workers at a Lancaster pork processing plant dropped labor charges it filed against Clemens Food Group, which bought the plant earlier this year and then closed it, idling more than 190 workers. The United Food and Commercial Workers Union Local 152 filed a grievance in October with the National Labor Relations Boar alleging that Clemens […]

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York-area manufacturer sued over alleged retaliation

Federal regulators filed a lawsuit against a York-area manufacturer for allegedly firing an employee who had raised concerns about safety. In a lawsuit filed in late October, the U.S. Department of Labor accuses Red Lion Controls of terminating the employee after he refused to carry out a task that he felt was unsafe. The agency is seeking […]

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Lanco contractor buys Annville welding firm

GSM Industrial, an industrial fabrication and mechanical contractor based in East Hempfield Township, has acquired Annville-based Light’s Welding, a family-owned business specializing in the agricultural sector. Terms of the deal were not disclosed. Light’s Welding was founded in 1948 by C. Alvin Light, growing from a local welding shop to a full-service fabrication and millwright business. “We’re […]

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Flooring maker trims jobs amid soft demand

AHF Products is eliminating about 30 white-collar jobs, with less than half the cuts affecting its staff in Lancaster County. In a statement, AHF president and CEO Brian Carson attributed the move to a stagnant market for home improvements and soft demand for residential building products. Based in West Hempfield Township, the company makes vinyl and […]

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Cabinetmaker closing Juniata County factor

Amid a projected slowdown in apartment construction, a Michigan-based cabinetry company plans to shutter a plant in Juniata County. Cabinetworks Group is closing the factory near Thompsontown and laying off 420 employees, a tally that includes 110 who were already laid off, according to a notice sent to state and local officials. The notice did not […]

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Union pushes back on Lancaster pork-plant closure

Clemens Food Group announced Friday that it plans to close its recently acquired pork plant in Lancaster and lay off 193 workers while it continues to look for a buyer that will keep the factory going. However, the reassurances, are not swaying the union representing production workers at the plant, the former Kunzler & Company factory acquired by […]

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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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Family-owned container manufacturer bought by industry giant

Klinge Corp., a York-area company making specialized shipping containers, has been sold. The buyer is Trane Technologies, an Ireland-based company that makes HVAC and refrigeration systems, and its transportation-focused subsidiary, Thermo King. Terms of the transaction, which closed Aug. 1, were not disclosed. In a statement, Thermo King Americas president Adam Wittwer described the acquisition as “a […]

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Marketing

Real Estate

Authority eyes purchase of former Lancaster factory

The Lancaster City Revitalization & Improvement Zone Authority is putting together an offer to buy a former meat processing plant at 652 Manor St. and related office building at 655 Manor, according to Jeremy Young,  the authority’s acting managing director. The properties were home to Kunzler & Company but closed last year after the company was acquired by […]

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Regional retail portfolio on the block

A portfolio of 16 shopping centers across Central and eastern Pennsylvania is hitting the market. The centers, including some in Cumberland, Lebanon and York counties, are managed by Vastgood Properties LLC, a Port Washington, New York-based firm that owns them alongside other investors, according to Vastgood CEO Leo Ullman.  Ullman referred questions about the sale listing to the […]

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Authority tees up potential golf course sale amid data center demand

A suburban Harrisburg golf course is the latest plot of land in the region to draw attention from developers of data centers, power-hungry computing facilities that are vital to the growth of artificial intelligence. Would-be buyers with data centers in mind have shown an appetite for the Dauphin Highlands Golf Course, according to Jeanette Krebs, […]

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Industrial building sells for $9M

An industrial park in northern York County has attracted another out-of-state investor. An affiliate of New York-based real estate investment firm The Lightstone Group paid $9 million for an industrial building at 503-509 Industrial Drive in the Fairview Industrial Park in Fairview Township, according to county deed records.  The seller was an affiliate of High Street Logistics Properties, […]

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As buying season nears, rates weigh on regional housing market

The residential real estate market is poised to enter the traditionally busy spring and summer season. But buyers in Central Pennsylvania are still waiting for interest rates to slide before making the move to a new home, according to local real estate agents and lenders. The hesitation is showing up in statistics showing homes sitting […]

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Harrisburg-area mall up for sale again

The Colonial Park Mall, a suburban Harrisburg retail destination being eyed for redevelopment, is back on the market. The 31-acre mall property, which changed hands last fall at a price of $8.8 million, is listed for sale by R.J. Brunelli & Co., a real estate firm based in Old Bridge, New Jersey. “We’re currently marketing it to developers,” Mario […]

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West Shore office building changes hands

A local firm paid $10 million for a renovated office building on the West Shore. The building at 275 Grandview Ave. in East Pennsboro Township was owned by a partnership headed by developer Drew Bobincheck.  He sold it this week to an affiliate of Select Capital Commercial Properties LLC, a Mechanicsburg-based real estate investment firm that has […]

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Gannett Fleming to relocate to smaller HQ

One of the region’s largest engineering firms is on the move.  Gannett Fleming TranSystems is planning to relocate from its longtime offices in East Pennsboro Township to new space in Silver Spring Township, according to real estate firm CBRE.  Gannett Fleming will be leasing 100,000 square feet at 100 and 300 Sterling Parkway, part of an office […]

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Warehouse-ready tracts in Harrisburg area change hands

Following a legal battle with local officials, San Francisco-based developer Prologis is taking the next step in its efforts to build a warehouse in suburban Harrisburg. The company shelled out $24.25 million for two tracts off Linglestown Road in West Hanover Township where it plans to erect the 1.1 million square-foot building, according to county deed records. […]

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Apartment-ready tract near E-town fetches $8.7M

One of the nation’s largest apartment operators has scooped up a development-ready tract in northwestern Lancaster County. An affiliate of Greystar paid nearly $8.7 million for the tract, which is poised to house an 11-building, 280-unit apartment complex, according to county deed records. The seller was 1376 Campus Road Associates LLC, an affiliate of Catalyst Commercial Development, a West […]

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Former West Shore factory sold to York firm

After closing last year, a former West Shore factory for The AMES Companies has been sold. An affiliate of York-based Kinsley Properties paid $18 million for the plant at 465 Railroad Ave. in Hampden Township, according to Gerry Blinebury, a broker with real estate firm Cushman & Wakefield.  Cushman & Wakefield is listing the 397,000 square-foot building for lease on behalf of […]

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Deal ends foreclosure threat dogging former Harrisburg school

A foreclosure case hanging over the former Bishop McDevitt High School in Harrisburg appears to have ended.  The case in Dauphin County court pitted the building’s owner, William Penn Holding Inc., against private lenders seeking to collect on their debt. Jeremy Hunter, William Penn’s owner, confirmed an agreement was reached, but he declined to share the […]

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Retail

Technology

Highmark hit by data breach

A phishing attack in December exposed personal information on about 300,000 members of Highmark insurance plans, including about 96,000 members in Pennsylvania. The Pittsburgh-based insurer disclosed the breach last week in a notice to the office of the Maine attorney general. In a statement, Highmark said it “immediately responded” to the incident and launched an investigation. So […]

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Deal adds IT talent for West Shore Home

Home remodeler West Shore Home has long described itself as a technology-enabled company. The Mechanicsburg-based firm now owns a technology company. West Shore Home said yesterday it has purchased Design Center Inc., a firm based in St. Paul, Minnesota. Terms of the deal were not disclosed but it adds 23 employees to West Shore Home, which has been […]

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York-area firm buys former restaurant for new HQ

Doceo, a York-based technology services company, plans to move its headquarters this fall to a former Ruby Tuesday restaurant in York Township.The 6,000 square-foot space is larger than the 4,300 square feet the company currently rents in a multi-tenant building at 1499 S. Queen St. in Spring Garden Township, according to spokesperson Maya Miller. It […]

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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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Lancaster firm pitches high-tech approach to tracking Covid-19 risk

Contact tracing is turning into a mess rather than an effective tool to stop Covid-19. People aren’t cooperating, contact tracers are becoming overwhelmed and the virus continues to spread at a record rate. “It’s almost like we’re at a dead end with that approach,” said Victor Owuor, chief product officer at Lancaster-based investment firm Aspire […]

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West Shore firm partners with Wells Fargo to distribute new credit-application tech

For nearly two decades, Cumberland County tech company Versatile Credit has been making it easier for businesses to offer in-store credit. Its latest device, called Snap Sign, makes it as easy as pointing a mobile phone at a plastic sign. The signs are a secure, contactless alternative to in-store kiosks, tablets or paper applications that […]

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Other Categories

Hanover Foods, union reach deal, avoid strike

Hanover Foods agreed on a new labor contract this week with a union representing about 300 employees at its Hanover-area plants. The union — United Food and Commercial Workers Local 1776 — had threatened to strike, with its leader arguing that the company was proposing unacceptable changes to health and pension benefits, as well as inadequate raises. The […]

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Union eyes strike amid contract talks with Hanover Foods

Union members voted overwhelmingly in favor of a strike at Hanover Foods if they cannot agree on a new contract with the Hanover-based company by the end of this month, according to Wendell Young, president of United Food and Commercial Workers Local 1776. The most recent labor contract expired at the end of 2023, said Young, whose union […]

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AAA Central Penn

AAA Central Penn has welcomed Shaun Balani, Tracy Grajewski, Shanice Mariluz and Velma Redmond to its board of directors. Balani, now retired, was CEO and majority shareholder of Travel Time Travel Agency Inc. for 32 years. He most recently worked as a Vistage chair, helping a community of CEOs of small to mid-size companiesnetwork and […]

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Retiring health system CEO hailed as ‘transformational leader’

Steve Massini is planning to retire this fall as CEO of Penn State Health following a five-year tenure marked by significant growth for the health system but also challenges for its transplant programs.  Massini oversaw the construction and opening of new hospitals in Cumberland and Lancaster counties, two of the region’s most competitive healthcare markets. Massini also […]

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The LGBT Center of Central PA

Amber Roadcap has been named executive director of The LGBT Center of Central PA. Roadcap worked most recently in a marketing role at Malvern Health. She began her career as a crisis intervention counselor at Geisinger Holy Spirit Hospital. Roadcap previously volunteered at the LGBT Center, which is moving this year to a permanent home at […]

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Appell Center for the Performing Arts

Six new board members have been named to the board of directors for the Appell Center for the Performing Arts in York. They are: Suzanne Becker, Traditions Bank Mark Holman, retired from Susquehanna Township School District Juliet Kinsley, Ellis Lee Marketing & Graphic Design Eric Menzer, York Professional Baseball Christine Nentwig, CGA Law Firm Brian […]

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Saxton & Stump

Robert Pontz has joined Lancaster-based law firm Saxton & Stump as chair of the bankruptcy and financial restructuring group. Pontz also is now a shareholder of the firm and a member of its business/corporate and banking/financial services groups. Pontz, who has more than three decades of legal experience, was most recently a partner at Lancaster-based Brubaker […]

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Officials embrace upcoming auction as chance for mall rebirth

Officials in Lower Paxton Township, Dauphin County, are hoping that an online auction for the Colonial Park Mall yields a buyer interested in redeveloping the roughly 31-acre site. As a reminder of the site’s potential, they held a press conference June 19 to note that the retail property was zoned in 2020 to encourage mixed-use […]

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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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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 […]

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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 […]

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Camp Hill bank to shed NJ branches

LinkBancorp is selling its newly acquired operations in South Jersey for an after-tax gain of about $10.5 million, according to LinkBancorp CEO Andrew Samuel. The buyer is Philadelphia-based American Heritage Federal Credit Union, which has more than 310,000 members and assets of more than $4.8 billion. Expected to close in the second quarter of this year, […]

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Amid improving finances, college misses bond payment

Harrisburg University of Science and Technology failed to make a monthly loan payment on May 1 in default of its loan agreement, according to a disclosure last week to its bondholders. Under the agreement, monthly payments to the bond trustee roll up into semiannual payments on interest and principal on the university’s bonds. Those semiannual payments are […]

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Shippensburg-area plaza sells for $6.6M

A buyer with a growing portfolio of Pennsylvania shopping centers has added another one. A partnership led by Leo Ullman of New York-based retail developer Vastgood Properties paid $6.63 million at the end of April for Shippensburg Marketplace, according to Brad Rohrbaugh, executive vice president and retail director for York-based Bennett Williams Commercial. Rohrbaugh and […]

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Manufacturer plans $45M innovation center in Carlisle

Building products manufacturer Carlisle Companies is planning a $45 million expansion of its research and innovation hub in Carlisle. The project will entail construction of a 42,000 square-foot building alongside the company’s existing R&D center, which is at 1557 Ritner Highway, according to Carlisle Companies spokesperson Mehul Patel. The site is near the headquarters and […]

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Fulton buys failed Philly bank

Fulton Bank was on the receiving end on the afternoon of April 26 when state regulators shut down and brokered a sale of Republic First Bank, a troubled Philadelphia-based lender that does business as Republic Bank.  As a result, Fulton has acquired most of the assets and branches of Republic First, expanding the Lancaster bank’s footprint in the […]

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PE-backed firm takes stake in Harrisburg baseball team

A private equity-backed holding company is buying a majority stake in Harrisburg’s minor league baseball team from the family of the late Mark Butler, a co-founder of Harrisburg-based discount retailer Ollie’s Bargain Outlet Holdings.  Butler, who died in 2019, bought a majority interest in the Harrisburg Senators in 2014. That stake is now being sold to Diamond […]

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