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Regional home-services company sold

New York-based private equity firm Broad Sky Partners has snapped up Punctual Pros, a regional franchisee for three high-profile consumer-facing brands.Based in East Hempfield Township, Lancaster County, Punctual Pros serves customers across Central Pennsylvania as an operator of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky Electrical franchises.The company is hoping to expand its footprint through acquisitions, said company […]

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Susquehanna dam operators oppose hydro project

Operators of the Holtwood and Safe Harbor dams are weighing in against a proposed hydroelectric plant along the Susquehanna River in an area known as Cuffs Run in Chanceford Township, York County.’The Federal Energy Regulatory Commission is currently weighing whether to issue a permit allowing the developer, York Energy Storage LLC, to study the project’s feasibilty.Holtwood […]

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Lanco steel fabricator sold

A longtime Lancaster County manufacturer is under new ownership.Greiner Industries, a structural steel fabricator in Mount Joy Township, Lancaster County, has been acquired by IES Holdings Inc., a Houston-based company that designs and installs electrical and technology systems for data centers, residential housing and industrial facilities, among other end markets. The acquisition includes the Greiner business […]

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Shapiro labor directive triggers blowback

Business groups are decrying a recent directive from Gov. Josh Shapiro designed to increase the state’s use of project labor agreements, deals that generally require the use of union labor on public projects.Issued last week, the directive calls on state agencies to review contract solicitations for capital projects to determine which ones would be good fits for […]

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Nonprofit shedding senior-living operations

A regional nonprofit is poised to spin off its senior-living operations to a larger peer based in Missouri.Topton-based Diakon, which has a finance and support center in Middletown, has agreed to merge its senior-living subsidiary into St. Louis-based Lutheran Senior Services.  Terms of the transaction, expected to close this summer, were not disclosed. “This was a strategic […]

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House panel OKs bills on wage, workplace discrimination

A state House panel has passed bills on party-line votes that would strengthen protections against workplace discrimination.One bill would lower the threshold for state anti-discrimination enforcement to businesses with as few as two employees, down from the current threshold of four.Another bill would tweak provisions covering gender-based wage discrimination. It would, for example, bar disparate […]

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Airline adding flights from Lancaster to Orlando

Breeze Airways, a Utah-based airline, is adding nonstop flights from Lancaster Airport to Orlando on Thursdays and Sundays starting on Oct. 8. Fares for the twice-weekly flights are expected to start at $79 each way. Breeze plans to use Airbus A220-300 jets on the route, according to a spokesperson for the airline. Among the potential beneficiaries […]

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Debate flares over hydro project

Debate is heating up over a proposed $2.3 billion hydroelectric project along the Susquehanna River in Chanceford Township, York County.The Federal Energy Regulatory Commission is assessing whether to grant project developer York Energy Storage LLC a preliminary permit, which would allow the company to undertake up to four years of feasibility studies.Hundreds of local residents and officials […]

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Manheim seeks dismissal of Lancaster stormwater suit

Manheim Township is firing back against a lawsuit aiming to hold it responsible for problems with the sewer system in neighboring Lancaster city.The lawsuit, filed in January by Lancaster city in Lancaster County court, argues that Manheim officials have not done enough to control stormwater from entering the city sewer system.The system serves homes and businesses […]

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Inflation, rising rates weighed on dealmaking

Rising interest rates and record inflation stifled mergers and acquisitions last year, leading to an 18% drop in activity compared to 2022 for Central and southeastern Pennsylvania, according to a report this week by accounting and professional services RKL LLP.Lancaster and the capital area bucked the regional decline, which reflected the national scene.  Nonetheless, M&A activity […]

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Senate panel OKs tweak to tax appeals

Disgruntled taxpayers in Pennsylvania would have a new option for disputing their tax bills under legislation approved yesterday by a state Senate panel.Sponsored by GOP state Sen. Tim Hutchinson, the bill would create an independent settlement process, potentially avoiding protracted court battles over tax bills, according to its supporters, which include the Pennsylvania Institute of CPAs and Pennsylvania […]

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For Lititz VR firm, sale is path to scale

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

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Deal brings Gannett Fleming a bigger piece of Texas

Everything is bigger in Texas, including spending on roads, bridges, pipes and other infrastructure.“It’s the place to be in our world,” said Bob Scaer, CEO of engineering firm Gannett Fleming. “And you can’t penetrate that by hiring a person to start growing. The only way in is acquisition.” For Camp Hill-based Gannett Fleming, that acquisition was […]

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Weis pressured over climate, supply chain disclosures

A nonprofit investor that tracks corporate performance on environmental, social and governance issues is asking Sunbury-based Weis Markets to beef up its disclosures on climate change and supply chain risks.The Massachusetts-based nonprofit, The Accountability Board, is seeking a shareholder vote on the issue during Weis’s annual meeting this spring.The resolution calls on Weis to produce a report on […]

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Manheim-area insurance brokerages merge

Horst Insurance, an independent insurance agency in Manheim Township, Lancaster County, has acquired Ruhl Insurance, a smaller brokerage based in Manheim borough. The deal, which took effect March 1, returns Horst to the acquisition market after a pause of more than a decade. The firm’s last acquisition was in 2008, also involving a Lancaster-area brokerage, […]

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