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Lanco wealth advisory bought by Texas firm

Another local financial advisory has landed in the arms of a larger business.Rodgers & Associates Wealth Advisers, based in Manheim Township, Lancaster County, has been acquired by Bluespring Wealth Partners, an Austin, Texas-based firm that has scooped up more than two dozen wealth management firms since it was founded five years ago.Rodgers & Associates referred questions […]

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Fulton to shutter 19 branches

Fulton Financial is closing 19 branches in southeastern Pennsylvania, South Jersey and New York City three months after the bank’s emergency acquisition of failed Philadelphia lender Republic First Bank, a deal that deepened Fulton’s reach in the state’s largest market. Lancaster-based Fulton is closing 13 of its own branches and six former Republic branches, according to Fulton spokesperson Stephen […]

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Adams, York county banks forge $73.5M deal

After a run of more than 20 years, Traditions Bank in York County has agreed to be acquired by ACNB Corp., a Gettysburg-based institution aiming to push eastward into York and Lancaster counties.The all-stock deal, expected to close in the first quarter of 2025, is valued at $73.5 million. The combined bank would have assets of $3.3 billion and […]

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Orrstown cutting jobs post-merger, but execs see growth ahead

Orrstown Financial Services is shedding about 135 jobs as part of its recently closed merger with Codorus Valley Bancorp, with the majority of the cuts landing in back-office areas such as marketing, technology, finance and risk management, according to bank executives.The cuts stem from overlapping operations of the two banks, Tom Quinn, Orrstown’s president and CEO, said […]

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Stake in Rock Lititz company poised to change hands

Goldman Sachs Alternatives, a private equity arm of New York-based finance giant Goldman Sachs, has agreed to purchase a majority stake in TAIT, a live-entertainment production company based at Rock Lititz in Lancaster County. The seller is private equity firm Providence Equity Partners , which has had a stake in TAIT since 2019. Terms of the deal, which is […]

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PennSpring-backed firm scoops up virtual paralegal service

Zirtual, a portfolio company of Lancaster-based investment firm PennSpring Capital, is branching out.The virtual-assistant service has acquired Del.Trust, a company that offers virtual paralegal services to attorneys and law firms nationwide. Terms of the transaction were not disclosed.Del.Trust founder Jaclyn Foster is joining Zirtual as president of its newly established paralegal services division.“She is the ideal leader […]

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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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Startup nonprofit in Lancaster aims to persuade

Drew Mousetis understands the benefits of employee ownership.As a lead consultant for employee-owned software company Cargas in Lancaster, he enjoyed a sense of financial security that allowed him and his wife to purchase a new home in Lancaster County where they are raising their four young children.“You just can’t really put a value on that,” […]

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House panel OKs controversial swipe-fee legislation

In a party-line vote, a House panel approved legislation on June 12 to exempt Pennsylvania sales taxes from so-called swipe fees — the fees assessed to process transactions involving credit cards.Fourteen Democrats on the committee voted for the legislation, House Bill 2394, while 11 Republicans were opposed.The exemption would mean that on a $1 purchase in […]

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Banks, retailers spar over swipe-fee legislation

Pennsylvania banks and credit unions are pushing back on proposed state legislation that would exempt the sales-tax portion of retail purchases from so-called swipe or interchange fees — the fees charged by financial services companies for processing credit card payments. The fees are typically 1% to 3% of a transaction. Under the exemption, on a […]

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Lanco financial firm merges with Denver peer

The slowdown in home lending has challenged banks and mortgage brokers over the last year. But it has created opportunities for the firms that offer them advice and technology to improve their operations.It is those opportunities that helped spur a merger for Teraverde, a financial software and consulting company based in East Hempfield Township Lancaster County. The […]

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Inch & Co. launches $20M real estate fund

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

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Bank to form holding company

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

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Regional benefits firms merge

Lemoyne-based insurance and benefits agency Gunn-Mowery is expanding its footprint in York CountyThe firm has acquired Central Penn Benefits, an insurance and benefits agency in West Manchester Township, York County.Terms of the transaction, which closed May 1, were not disclosed. But Central Penn Benefits will continue to operate under its own name and from its existing office as […]

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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, the […]

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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 still being […]

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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 competitive […]

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York adopts new financing tool for green projects

York County commissioners last week approved the county’s participation in a program that offers specialized financing tools for clean-energy and energy-efficiency projects. The program, offered in partnership with Schnecksville-based Sustainable Energy Fund, is called the Commercial Property Assessed Clean Energy program, or C-PACE.How does it work: Commercial and nonprofit property owners tap the program to secure private-sector […]

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State funds boost projects in York, Adams, Lancaster, Lebanon

Developer Ben Sutton has been working for more than a year to bake new life into a former bakery plant in West York.This week, he secured a key ingredient: a low-interest state loan and accompanying grant totaling nearly $2.5 million in all.“It was the missing part,” Sutton said in an interview with biznewsPA. “Now, we […]

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Inch taps construction vet for ops/finance chief

Inch & Co. Holdings, a York County construction and real estate development firm, has hired Mike Benshoof as its first-ever chief operations and financial officer. Benshoof, a construction industry veteran, was most recently president of Berks Homes, a regional home builder with offices in Mohnton, New Cumberland and State College.“We’re very, very happy to have him […]

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Building a national brand from a West Shore base

Soon after founding West Shore Home nearly 20 years ago, B.J. Werzyn envisioned turning the home-remodeling business into a nationwide brand.It was not a vision that was readily embraced, given the company’s humble beginnings in an industry long dominated by local contractors.“When you’re one location here in Mechanicsburg, Pennsylvania, with 50 employees and you say, […]

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Firms partner on $18.6M apartment project in Lebanon

Lebanon-based construction company Arthur Funk & Sons Inc. is teaming up with a Wisconsin-based developer to build a 48-unit affordable apartment complex on a roughly five-acre plot along Mount Pleasant Road in South Annville Township, Lebanon CountyA formal groundbreaking is scheduled for July 15, but site work already is underway, said Matthew Padron, managing director of […]

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House OKs expansion to prevailing-wage law

A controversial effort to tweak Pennsylvania’s prevailing-wage law has cleared a key hurdle.The Democratic-controlled state House this week passed a bill containing the tweaks on a vote of 125 to 77, sending it to an uncertain future in the GOP-controlled Senate.What are the tweaks: The legislation, House Bill 2153, would apply prevailing wages for the […]

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Harristown undertaking $750K reno project

An affiliate of the nonprofit developer Harristown Enterprises is carving up a pair of vacant rowhomes at 104 and 106 Walnut St. in Harrisburg into four apartment units, ranging in size from 910 square feet to 1,690 square feet. The Harristown affiliate, Charming on Walnut LLC, bought the two Depression-era buildings in December 2023 in a […]

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Proposed tweaks to prevailing wage spur debate

Contractors and some lawmakers are pushing back against efforts to change how Pennsylvania officials apply prevailing wage law, which sets a floor for wages on publicly funded construction projects.Their target is legislation before the state House and Senate that critics argue will drive up costs for public works.“It’s simply the wrong solution for Pennsylvanians,” state […]

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High court to hear dispute over prevailing wage

The Pennsylvania Supreme Court has agreed to hear a case involving application of prevailing wages to a $17.2 million build-to-lease project for a State Police barracks and training center in Luzerne County.Administrative rulings sought to apply prevailing wages to the project, based on the notion that the state’s 20-year lease for the property essentially paid […]

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York developer names CEO as founder moves to CFO

After 15 years of leading York-based Royal Square Development and Construction, Josh Hankey is stepping into a new role at the company he founded in 2009.Hankey is poised to become CFO and pass the CEO baton to Dylan Bauer, who joined Royal Square in 2014.In an interview, Hankey said the two executives had been giving thought […]

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Retirement community plans $27M building project

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

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Nashville twin in works for Rock Lititz

Rock Lititz, the live-entertainment campus in Lancaster County, is erecting a twin in Nashville, the longtime capital of country music and home to the Grand Ole Opry.Rock Lititz announced May 1 that it broke ground last month on Rock Nashville, a 40-acre campus that will feature 514,000 square feet of rehearsal space for touring musicians, as […]

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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 inpatient […]

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First Dauphin branch in the works for F&M Trust

The chief banking subsidiary of Chambersburg-based Franklin Financial Services has broken ground on a new branch at 4765 Linglestown Road in Lower Paxton Township.It will be F&M Trust‘s first free-standing, full-service branch in Dauphin County. “It’s a natural progression of our growth and activity in the capital region, specifically Dauphin County,” F&M Trust president and CEO Tim Henry said […]

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West Shore distributor sells stake to PE firm

R.F. Fager Co., a West Shore distributor of plumbing, heating, roofing and other supplies, has a new partner.New York-based private equity firm Tenex Capital Management has made an undisclosed investment in the company. Efforts to reach R.F. Fager and Tenex were not successful, But in a statement to trade publication PE Hub, Tenex managing director Gabe Wood said, […]

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Insurers sue local contractors over recycling-plant fire

On March 8, 2022, a fire ripped through a Penn Waste recycling facility in Manchester Township, York County, knocking it out of commission. Now, three Penn Waste insurers are suing local contractors involved in building the facility and installing its sprinkler system.The insurers, which include Connecticut-based XL Insurance, are seeking to recover $26 million in damages from York-based Kinsley Construction, York-based Susquehanna […]

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Engineering firm opens MD, western PA offices

A Harrisburg-area engineering firm has added two new offices, including its first-ever location in Maryland.HRG has opened offices in Fayette County, Pennsylvania, and Hagerstown, Maryland, hoping to make greater inroads in both areas. The additions bring the firm, based in Swatara Township, Dauphin County, to a dozen offices, with 10 in Pennsylvania and one each in […]

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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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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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entrepreneurship

Food

Boyer & Ritter

Regional accounting and consulting firm Boyer & Ritter has hired eight associates, including three who previously interned with the firm and two who have accounting experience working with businesses, nonprofits and governmental entities.Madison Bucher has a bachelor’s degree in accounting with a minor in economics and a master’s degree in accounting from Bloomsburg University. She […]

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Harrisburg offices sell ahead of planned conversion

Another office property in downtown Harrisburg is slated for conversion to apartments. Breneman Properties LLC, headed by former Penn State football-player-turned entrepreneur Adam Breneman, paid $370,000 for the 8,300-square-foot property at 315 N. Second St., according to county deed records. The three-building property was previously owned by the Pennsylvania Health Care Association, which represents nursing homes, assisted […]

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Ephrata bank buying Maryland lender

After years of steady growth in Lancaster, Lebanon and Berks counties, the parent of Ephrata National Bank is crossing state lines.ENB Financial Corp. said yesterday it agreed to buy Cecil Bancorp, a small bank in northeastern Maryland.The cash deal, valued at $30.8 million, is the first bank acquisition in ENB’s history, which stretches back to 1881.The deal is […]

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Choices Healthcare

Michael Link has been named president and CEO of Choices Healthcare, a regional hospice provider, effective Oct. 1. He is succeeding Steve Knaub, who is retiring this year after leading the Lancaster-based nonprofit since 2014.Link joined what was then called Hospice of Lancaster County in 2001 as an information systems trainer. He advanced into leadership roles, most recently as COO.Link […]

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Apartment project eyed at York mall

Over the last few years, the York Galleria mall has replaced retail anchors with a mini casino, a gym and a self-storage facility. Could an apartment building be next?This spring, developers pitched local officials on plans to erect a four-story, 98-unit apartment building on an underused parking lot in front of the self-storage facility.No land […]

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Car wash chain shells out $1.9M for East York site

Shiny Shell Carwash, one of several car wash chains spreading across Central Pennsylvania over the last few year, is planning to open a car wash in Springettsbury Township, York County.The Utah-based company paid $1.925 million in June for two acres at 3021 E. Market St., site of a shuttered motel known as Barnhart’s Inn.The company was represented […]

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Data center plans provoke debate over impact, process

At a meeting last night, developers shared more details on their plans for a $15 billion data center complex near Carlisle. Residents shared a barrage of doubts.Over two hours, they questioned how much water and electricity the centers would use.They questioned how the developers picked the 700-acre tract of farmland in Middlesex Township where the complex […]

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McNees Wallace & Nurick

Amara Riley has joined the litigation group in the Lancaster office of McNees Wallace & Nurick.Riley brings more than 15 years of government and public sector experience. Before joining McNees, she was an attorney advisor for the U.S. Department of Justice’s Executive Office for Immigration Review. She also gained trial and appellate experience as an […]

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East York plaza sold

A local investment group doing business as East Market Street Plaza RE LLC paid $3.4 million for East Market Street Plaza in Springettsbury Township, York County, according to agents with York-based real estate firm Bennett Williams Commercial. The 18,650-square-foot retail strip at 3915 E. Market St. had been owned by a Lancaster-based partnership called East Market Street Group LLC, […]

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Firm consolidating in former TE/AMP plant

When electrical components manufacturer SESCO outgrew its Mont Alto plant in the mid-2010s, the company leased a second facility in Waynesboro.The company has operated in both buildings for a decade, according to SESCO founder, owner and president David Souders.But now, SESCO’s 87 employees are poised for a reunion.The company is buying a former TE Connectivity plant at 627 N. […]

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York County Community Foundation

The York County Community Foundation has hired three staff members.Courtney Taylor has been named to a new position of grants program officer, community partnerships. She will coordinate with the York County Nonprofit Collaborative, a coalition of funders and nonprofit representatives dedicated to advancing the key priorities of the nonprofit sector, including leadership development and grant […]

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Former furniture factory sold

A New Jersey-based investment group operating as Hanover Realty LLC bought a roughly 132,000-square-foot building at 433 Ridge Ave. in Hanover, according to Lemoyne-based real estate firm NAI CIR. The firm’s Nik Sgagias and Tony Plakas facilitated the transaction, which took place via the Ten-X Auction site.Sgagias said Hanover Realty plans to market the building for lease. […]

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Investor ups stake in Harrisburg bank

A family trust affiliated with George E. Norcross III, a New Jersey business leader and political power broker, has been steadily boosting its stake in Harrisburg-based Mid Penn Bancorp as the bank expands in Philadelphia and New Jersey.Indiana Pacific General Trust, whose beneficiaries are Norcross’s son and daughter, disclosed last year that it held a 6.2% stake in […]

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Manufacturer buys playgrounds specialist

Lancaster-based flooring maker Ecore International has purchased an Ohio-based company that specializes in playground surfacing.Based in Copley, Ohio, near Akron, Pro-Techs Surfacing LLC sells, designs and installs the surfacing. Terms of the transaction — Ecore’s second in as many months — were not disclosed.Pro-Techs, which employs 22 people, does no manufacturing. But the company’s sales and installation services complement Ecore’s […]

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Herbert Rowland & Grubic Inc.

Ryan Albright has been promoted to chief marketing officer at Herbert Rowland & Grubic Inc. a new role for the regional engineering firm.Albright, who has worked at HRG since 2014, had been director of marketing.In his new role, reporting to the firm’s CEO, he will align HRG’s marketing channel with broader strategic business priorities by […]

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Firms snag Rite Aid real estate in Central PA

Local and national firms are poised to pick up some of Rite Aid‘s real estate in Cumberland and York counties following an auction held last week as part of the pharmacy chain’s bankruptcy.Two of the properties changing hands are industrial space on the West Shore.Which ones: One is a 78,200-square-foot industrial space at 451 S. St. […]

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Former controller accused of theft from regional business

A woman who worked as a senior controller at York-based Kinsley Enterprises allegedly funneled more than $95,000 from the company into an account for a Lancaster-area restaurant she and her husband own, according to an affidavit of probable cause filed by Pennsylvania State Police.The woman, Kathryn Khuc of Red Lion, allegedly disguised the payments so they appeared […]

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Brown Plus

Courtney Catlin has been promoted to the role of learning and development manager for Brown Plus, a new position for the Camp Hill-based accounting and advisory firm.She had been a tax supervisor with more than five years of experience providing tax services to clients across a variety of industries. She has a bachelor’s degree in […]

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$450M project taking shape on former state hospital grounds

The grounds of the former Harrisburg State Hospital are heading for a makeover.The Pennsylvania Department of General Services yesterday unveiled plans to build a $450 million laboratory complex on the 30-acre property, which has been mostly vacant since 2006. The project includes a new $325 million, 300,000 square-foot joint lab to be shared among the […]

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In York speech, Trump pledges ‘pro-American overhaul’ to boost manufacturing

In a roughly 50-minute speech yesterday afternoon at a York factory, former President Donald Trump argued that, if elected for another term, he would usher in a U.S. manufacturing boom driven by higher tariffs, lower taxes, better trade deals and a reduction in energy costs.“Together, we will reclaim our nation’s destiny as the No. 1 […]

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York-area manufacturer resolves harassment claims

York County manufacturer AMZ Manufacturing has struck a deal settling federal allegations that it failed to take adequate action after two women complained about sexual harassment at one of its plants.The charges, filed last year, alleged violations of Title VII, the federal law barring discrimination based on race, color, sex, national origin or religion.According to the original charges, […]

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House OKs expansion to prevailing-wage law

A controversial effort to tweak Pennsylvania’s prevailing-wage law has cleared a key hurdle.The Democratic-controlled state House this week passed a

Grant swells funding for $75M Codorus Greenway project

Federal funds are boosting plans to transform the banks of the Codorus Creek in York.The York County Economic Alliance has landed a $15 million infrastructure grant to help pay for the transformation plan, known as the Codorus Greenway project.“It’s certainly a big chunk, and it definitely helps propel the project,” said Kevin Schreiber, CEO of the YCEA.The […]

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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 accreditation standard” […]

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Panel OKs rules for professional licensing of ex-convicts

A state review panel signed off June 20 on rules designed to make it easier for people with criminal records to earn professional licenses. The approval is one of the final steps needed before the rules take effect.The Department of State, which oversees professional licensing in Pennsylvania, first proposed the rules in 2022. They lay […]

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Revamp of Harrisburg’s former federal office building snags affordable-housing funds

A state agency is showering about $7.4 million on Central Pennsylvania developers and nonprofits aiming to alleviate the shortage of affordable housing and combat homelessness.The grants announced this month by the Pennsylvania Housing Finance Agency range in size locally from less than $50,000 to an award of $500,000, which is being given to a construction company involved […]

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Accenture, a major state contractor, opens Harrisburg office

Accenture, which has landed some big-ticket state contracts, has opened an office in downtown Harrisburg at 20 N. Second St. The international professional services firm is leasing about 3,100 square feet on two floors of the building, which is also home to lobbying and communications firm Bravo Group.Accenture, which also has an office in Philadelphia, is […]

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House panel OKs controversial swipe-fee legislation

In a party-line vote, a House panel approved legislation on June 12 to exempt Pennsylvania sales taxes from so-called swipe

Banks, retailers spar over swipe-fee legislation

Pennsylvania banks and credit unions are pushing back on proposed state legislation that would exempt the sales-tax portion of retail

Panel to reconsider rules for licensing ex-convicts

State officials are taking another crack at finalizing proposed rules that would make it easier for Pennsylvania residents with criminal records to earn professional licenses in fields ranging from accounting and nursing to cosmetology and real estate. The Department of State, which oversees professional licensure, issued a revised version of the rules this month after an earlier draft was […]

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Proposed tweaks to prevailing wage spur debate

Contractors and some lawmakers are pushing back against efforts to change how Pennsylvania officials apply prevailing wage law, which sets

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 Commonwealth […]

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Tax proposal raises specter of combined reporting

In a regulatory proposal published this month, Pennsylvania tax collectors are offering up a revised definition of business income, a move that sounds innocuous on its face. But observers question whether the new definition would do more than just clarify which corporate profits are subject to state taxation.The proposed changes, the observers say, could open […]

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Feds settle with staffing firm over Covid-era data

An Atlanta-based IT staffing company has settled federal claims that it failed to protect confidential health information after Pennsylvania officials hired the company to oversee contact tracing during the Covid-19 pandemic. The company, Insight Global LLC, has agreed to pay $2.7 million to resolve allegations that its handling of data violated the federal False Claims Act, according […]

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Regulators tweak penalties over PPL billing issues

Following a flurry of comments from customers and consumer advocates, state utility regulators altered the penalties imposed on electric utility PPL Electric Utilities over billing issues that led to overcharges for some customers, among other problems.In a 3-2 vote on April 25, the Pennsylvania Public Utility Commission approved a settlement agreement requiring PPL to provide more reporting […]

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Licensing rules for ex-convicts hit snag

State officials may be taking another swing at drafting rules designed to make it easier for people with criminal records to earn professional licenses in Pennsylvania.That’s because a regulatory review panel gave the latest version a thumbs down at a meeting last week.Members of the Independent Regulatory Review Commission were concerned about some of the […]

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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 on […]

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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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Lancaster health lab rolls out welcome mat

After taking a break during the Covid-19 pandemic to focus internally, a Lancaster-based venture formed by some of the region’s biggest players in health care is welcoming its first outside partner in nearly two years: SkinIO, a Chicago-based company using technology to broaden access to dermatology screenings.People can use the SkinIO app to take pictures […]

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Federal team extending stay at York hospital

A team of 20 medical professionals from the U.S. military plans to spend another 30 days pitching in at WellSpan York Hospital as the facility contends with a spike in Covid-19 cases.

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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.The attorney, […]

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Case tests corporate liability for defunct subsidiary

Is a company still liable for a subsidiary’s legal problems even after the subsidiary is legally dissolved?That’s an issue being taken up by the Pennsylvania Supreme Court in the context of asbestos class-action lawsuits filed against Dravo, a former shipbuilder and manufacturer based in Pittsburgh.The question is whether Dravo’s asbestos liabilities should pass to Carmeuse Lime Inc. The Belgian […]

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Deadline nears for business-reporting requirement

Do you know who your owners are?It’s a question millions of businesses will have to answer by the end of the year under a federal law known as the Corporate Transparency Act.Enacted in 2021, the law requires corporations, LLCs, LPs and other business entities to report information about their owners and managers to a federal […]

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Court tosses developer’s lawsuit over township fees

Plenty of developers have likely wondered how cities and townships calculate the fees they charge for construction permits.Harrisburg-area developer Triple Crown Corp. took its questions all the way to Commonwealth Court, where it argued that fees charged by Lower Allen Township in Cumberland County for two apartment projects were unreasonable and unconstitutional.The case was thrown out […]

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High court reverses ruling in tax-refund case

Pennsylvania is dodging a fiscal bullet thanks to a ruling handed down yesterday by the state’s highest court.At issue was a corporate taxpayer’s demand for a $2 million refund after a tax structure was declared unconstitutional.The Commonwealth Court ruled last year that the state should pay the refund. But a divided Supreme Court reversed the decision.Justices argued, […]

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Deal would transfer control of beleaguered Harrisburg apartments

Under a proposed settlement filed in court last week, the owner of an embattled Harrisburg apartment complex is agreeing to cede control of the property to an independent receiver and to convert its bankruptcy case to a liquidation.The deal, which requires court approval, would end a festering dispute between the city and the apartment owner, […]

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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 reinstatement and […]

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Court OK sought for bankruptcy sale of Harrisburg-area winery

The bankrupt owner of Spring Gate Winery in suburban Harrisburg is seeking court permission for a sale of the winery and some of its assets, including its beer and wine licenses.According to court filings this week, Schoffstall Farm LLC is asking for approval of a sale to Nitin Patel, who would pay $2.85 million for the winery.The winery entertained […]

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Harrisburg apartment owner asks court to block alleged meddling in bankruptcy sale

The bankrupt property owner trying to sell Governor’s Square apartments in Harrisburg has complained in the past that the city of Harrisburg is thwarting its sales effort, and it’s now asking a bankruptcy judge to intervene.In a court filing last week, Maryland-based Uptown Partners LP asked a judge to order the city to “cease and desist from interfering” […]

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Federal charges prompt suspension of York County judge

York County Judge Steven Stambaugh has been suspended without pay in the wake of federal allegations that he orchestrated an unemployment fraud scheme at his York-based personal-injury law firm, Stambaugh Law PC.The suspension was handed down yesterday by the state’s court of judicial discipline following a motion from the state judicial conduct board, th“The allegations supporting […]

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Court docs disclose $2.8M offer for bankrupt winery

A potential deal is on the table for Spring Gate Winery in suburban Harrisburg.A buyer named Nitin Patel has offered $2.8 million for the winery, whose parent company filed for Chapter 11 bankruptcy protection in May, according to court records. The offer sets a floor for other potential bidders in a bankruptcy auction slated to unfold this month, pending […]

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Developer appeals ruling that blocks York-area warehouse rezoning

Inch & Co. is appealing a York County court ruling that blocks the company from building a warehouse on land south of Route 30 in Manchester Township.The move continues a nearly two-year-old battle over the 52.7-acre site, which borders the Prospect Hill Cemetery.Some neighbors have opposed the warehouse plans since they became public, arguing the […]

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PA court rules in Covid-era insurance case

Insurers do not have to cover lost revenue for businesses that were forced to shut down during the early weeks of the Covid-19 pandemic. That’s according to a ruling handed down yesterday by the Supreme Court of Pennsylvania in a class-action lawsuit originally filed in Allegheny County court by a dental practice.The decision resolves conflicts between lower courts […]

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Lenders balk at bankrupt winery’s reorganization plan

The bankruptcy sale of Spring Gate Winery is facing some headwinds.In legal filings this month, two lenders came out against the reorganization plan filed by the Harrisburg-area winery’s parent company, Schoffstall Farm LLC.At issue is the distribution of the proceeds from a sale of the winery, should a buyer be found.One lender, Horizon Farm Credit, is objecting to language saying it would […]

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Harrisburg seeks dismissal of apartment owner’s bankruptcy case

The city of Harrisburg is asking a federal court to dismiss the bankruptcy case of Uptown Partners LP, the Maryland-based owner of the Governor’s Square apartment complex in uptown HarrisburgIn a filing last month, the city argues that the deteriorating apartment complex is “unlikely” to find a buyer and that state court would be a better […]

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Employment provision under scrutiny in PA

Noncompete clauses were the focus when federal regulators moved to outlaw most of them earlier this year.But there are other employment provisions that can have the same “functional effect” as noncompetes, according to the Federal Trade Commission.And one subtype of those provisions is coming under scrutiny in Pennsylvania. They are provisions that require employees to […]

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Mixed ruling allows York County winery to reopen

The legal roller coaster continues for a York County winery fighting with neighbors over its ability to continue operating.In a ruling last week, a York County judge allowed Moon Dancer Vineyards & Winery to reopen this past weekend while the fight plays out in a state appeals court.It is the second time the winery has been allowed […]

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Apartment owner claims Harrisburg hampering bankruptcy sale

Harrisburg officials are allegedly hindering the sale of a beleaguered apartment complex in the city’s uptown neighborhood, according to claims raised in federal bankruptcy court by the complex’s owner, Uptown Partners LP. At issue is a list of roughly 600 crucial code violations at the affordable-housing complex, known as Governor’s SquareCity officials have not shared the list […]

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York-area manufacturer makes acquisition

Flinchbaugh Engineering, an employee-owned contract manufacturer based in Hellam Township, York County, has purchased Billet Industries, a precision manufacturer also based in Hellam Township. Terms of the transaction, which took effect Jan. 1, were not disclosed. The acquisition reflects an effort by Flinchbaugh to diversify its business, according to a press release. The company makes […]

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Red Lion controls being sold for $345M

A Swedish company is hoping to strengthen its foothold in North America through the acquisition of Red Lion Controls, a specialty manufacturer based in Springettsbury Township, York County. HMS Networks has agreed to pay $345 million for Red Lion Controls in an all-cash deal slated to close in the first half of 2024. Red Lion Controls, which […]

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Lanco flooring maker buys Newville firm

Ecore International, a Lancaster-based company that makes flooring from recycled rubber, has purchased a Cumberland County company that collects and refurbishes old tires. The company, Newville-based Ameritread, fits in with Ecore’s goal of reusing and repurposing rubber products but also produces scrap that Ecore can incorporate into its own products. Terms of the transaction were not disclosed. […]

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Lanco manufacturer sold to Texas private equity firm

A private equity firm focused on manufacturing has acquired ATI Corp., a family-owned company that makes equipment used in excavation and site preparation. Terms of the deal with Houston-based LDR Growth Partners were not disclosed. Based in East Earl Township, Lancaster County, ATI had been owned by Jansen Herr. The company — which employs more than 30 people […]

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NEW UNION VOTE ORDERED AT HERSHEY PLANT

To settle allegations that it violated federal law during a union election at a Virginia plant, The Hershey Co. has agreed to a do-over under a settlement with federal regulators. In the original election, held in early 2022, workers at the Stuarts Draft plant rejected joining the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union. But the […]

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Box maker eyes big investments in PA

One of the worlds’ largest recycled cardboard-box makers is planning to plow $500 million over the next decade into its Pennsylvania operations, which include a plant in the Carlisle area.The company is Pratt Industries, which has annual sales north of $6 billion and Australian-born businessperson Anthony Pratt at its helm. In a statement, Pratt said his company’s investment in Pennsylvania would […]

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Agency mulls deal for shuttered factory

A subsidiary of the Cumberland Area Economic Development Corp. is exploring an acquisition of a recently shuttered Carlisle factory.The subsidiary, called the Real Estate Collaborative LLC, has signed a letter of intent to buy the plant formerly operated by The Frog, Switch & Manufacturing Co. at 600 E. High St. in the Cumberland County borough.But first, the collaborative […]

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AMES parent to shutter local factories

Two capital-area factories are slated for closure as their parent company reconfigures its supply chain to boost profits in the face of slower sales and high U.S. overhead.New York-based Griffon Corp. said it plans to close Hampden Township and Harrisburg factories that make garden tools, wheelbarrows and other equipment for The AMES Companies, a Griffon subsidiary and longtime staple of […]

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Firm to boost production of semiconductor materials in PA

A supplier to the semiconductor industry is plowing $300 million into an expansion of its operations in Schuylkill County.The investment by supplier EMD Electronics includes construction of a 96,500 square-foot facility near Tamaqua, expanding the company’s production of specialty gases used in semiconductor and electronics production. The company’s investment is expected to create at least 68 jobs and […]

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Lancaster print plants to close

Citing a shrinking demand for catalogs and magazines — and rising costs for ink and paper — commercial printing giant LSC Communications is stopping the presses at its two plants in Lancaster County, laying off about 656 workersThe closure comes more than two years after LSC was rescued from bankruptcy by a Connecticut-based conglomerate called Atlas Holdings. Executives had […]

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Utz names next CEO

After steering one of the region’s largest private companies onto the public market, Utz Brands CEO Dylan Lissette is stepping into a new role.After 27 years with the Hanover-based snack maker, Lissette will become executive chairman of the company’s board on Dec.15.Utz’s new CEO will be Howard Friedman, currently COO of St. Louis-based Post Holdings, a consumer-packaged goods […]

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Harsco Headquarters sold to local developer

As it gears up for a move to Philadelphia, Harsco has unloaded its longtime Wormleysburg headquarters this year for $4.3 million.However, the roughly 42,000 square-foot building will remain a corporate headquarters.A partnership that includes Lemoyne-based Rhodes Development Group bought the building and plans to move there, along with two of its operating divisions, according to Larry Kluger, president and CEO […]

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York equipment manufacturer makes add-on acquisition

Graham Engineering, a York-based equipment maker, has purchased a Berks County company with a complementary business.Graham Engineering makes machinery used in producing — or extruding — plastic parts ranging from car bumpers to catheters.Its new acquisition, Birdsboro-based Kennedy Tool & Die, specializes in making molds and tooling used in plastics-manufacturing processes called blow molding, rim molding […]

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With jobs in limbo, judge OKs Armstrong Flooring sale

The bankruptcy case of Armstrong Flooring is nearing its end.U.S. Bankruptcy Judge Mary Walrath approved the sale yesterday of the company’s North American assets to Mountville-based flooring manufacturer AHF Products and Boston-based Gordon Brothers.An AHF spokesperson said yesterday the company hopes to close on the $107 million deal by next Friday, July 22.Then what: AHF will continue to operate […]

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Firms to pay $90M for overseas assets of Armstrong Flooring

After disclosing buyers for some of its operations in North America, Armstrong Flooring has unveiled deals to sell its remaining businesses.In a news release July 11, the company identified buyers for its operations in Australia and China.Who: The Australian assets — including a factory in Braeside, Victoria — are going to a group of companies identified as the Cowes […]

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Armstrong Flooring in $107M deal that preserves local operations

After two months in bankruptcy, Armstrong Flooring is on the verge of dealing its way out.The Lancaster-based manufacturer said yesterday it has agreed to sell its North American assets to a consortium that includes AHF Products, a former division of Armstrong Flooring.Mountville-based AHF and Boston-based Gordon Brothers have agreed to pay $107 million in cash and assume unspecified liabilities in exchange for […]

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Armstrong Flooring gets more time for sale

Armstrong Flooring has once again pushed back the deadline for wrapping up a sale.The Lancaster-based manufacturer now expects to finalize a sale by a court hearing slated for Tuesday, July 12.In a statement issued early on Friday, July 8, a company spokesperson said the company has finalized a deal to sell its operations in China […]

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Vehicle-parts manufacturer moving operations to York area

Mobile Climate Control, which already has a distribution Center in York County, is consolidating all of its U.S. operations at a new facility in West Manchester Township.

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Real Estate

Former Harrisburg law office headed for residential conversion

A New York City investor has acquired a former law office on North Front Street in Harrisburg and plans to convert the former mansion into an eight-unit apartment building to be called Front Street Lofts.The investor, a family office called Generational Wealth Organization that also has a presence in California, paid $633,000 for the building.It had been […]

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Financing is among ‘biggest challenges’ for Lancaster rehab

Business owner Jared Mizrahi is planning a $5 million makeover of a mixed-use property in downtown Lancaster.He just needs to finalize the financing.A big piece came through last month in the form of a low-interest $1.4 million loan from the state’s Building Pennsylvania program, arranged by Lancaster-based EDC Finance.Mizrahi said he is hoping to close soon on […]

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York-area Sheetz site changes hands

The site of a future Sheetz store in York County sold at the end of July for a price of just over $3.8 million.The seller of the roughly 3.3-acre property at 4044 N. George St. was Molt LLC, a partnership headed by York-area restaurateur and real estate investor Themi Sacarellos, according to county deed records. The buyer was […]

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Apartment owner claims Harrisburg hampering bankruptcy sale

Harrisburg officials are allegedly hindering the sale of a beleaguered apartment complex in the city’s uptown neighborhood, according to claims

West Shore college aims to sell surplus land, buildings

Central Penn College is looking to unload surplus land, townhomes and office space in and around its 58-acre campus in East Pennsboro Township, Cumberland County, through an RFP process overseen by Lemoyne-based RSR Realtors.College officials hope the properties attract developers with proposals that enhance the campus and benefit students.Potential partners could include medical providers that align […]

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Former cabinet plant sold for $3.3M

A growing metal fabrication company in York County has purchased the former Wayneco Cabinetry plant, which has been idle since the cabinetry business shut down this spring.BMB Holdings LLC paid $3.3 million for the 81,000 square-foot facility, which is at 800 Hanover Road in Jackson Township, west of York city.The new facility is roughly three times the size […]

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Firms partner on $18.6M apartment project in Lebanon

Lebanon-based construction company Arthur Funk & Sons Inc. is teaming up with a Wisconsin-based developer to build a 48-unit affordable apartment

Carlisle apartment complexes change hands

A Philadelphia-area apartment owner has scooped up a pair of Carlisle-area complexes alongside nine other properties around the state.The Carlisle-area properties — the 93-unit Hanover Manor and 80-unit Carlwynne Manor — are the two smallest properties taken in the deal, which includes more than 3,400 units overall,The other properties are in Allentown, Reading, Horsham, Lansdale, […]

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Revamp of Harrisburg’s former federal office building snags affordable-housing funds

A state agency is showering about $7.4 million on Central Pennsylvania developers and nonprofits aiming to alleviate the shortage of

Accenture, a major state contractor, opens Harrisburg office

Accenture, which has landed some big-ticket state contracts, has opened an office in downtown Harrisburg at 20 N. Second St.

Developer eyes mixed-use project for 26-acre Lanco tgract

Apartments and a hotel could be coming to the former Shawnee Resort property along Oregon Pike in Manheim Township, Lancaster County. Property owners Surender Singh and Manjeet Kaur, doing business as Kirpa Estates LP, envision a mixed-use development on the 26-acre site incorporating apartment buildings, a hotel and other retail buildings, according to Matt Creme, their attorney, […]

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Pallet company buying Chambersburg-area facility for relocation

J&J Pallet and Recycling LLC is planning to purchase, upgrade and move into a 16,400 square-foot industrial building at 1690 Opportunity Ave. in the Cumberland Valley Business Park in Greene Township. The company, which sells recycled shipping pallets, is currently based in leased space at 1051 Sheffler Drive in Chambersburg.The company has been approved for […]

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York developer names CEO as founder moves to CFO

After 15 years of leading York-based Royal Square Development and Construction, Josh Hankey is stepping into a new role at the

Former school for sale amid dispute between owner, tenant with redevelopment plans

The former Bishop McDevitt High School in Harrisburg is on the market amid a dispute between its owner and its chief tenant, a development company led by a former NFL player.Owner Jeremy Hunter of William Penn Holdings Inc. announced the building was for sale in a Facebook post on May 24.The post has led to “many” […]

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Oregon Dairy property sold in leaseback deal

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

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Harrisburg building eyed for makeover fetches $14.5M

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

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Inch & Co. launches $20M real estate fund

The founders of Inch & Co. are looking to raise $20 million from investors interested in backing the York-area company’s forays

Bankrupty of Harrisburg apartment owner takes new turn

A new twist is complicating the bankruptcy case of Uptown Partners LP, the Maryland-based owner of Governor’s Square apartment complex in Uptown Harrisburg. The company managing the affordable-housing complex, Landex Management LLC, is asking the court to void its contract with Uptown Partners, arguing that the owner is not providing enough resources to manage the beleaguered property effectively.Uptown, […]

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Technology

Other Categories

Highs donate real estate biz to family foundation

The High family is presenting a second major gift to their family foundation. The family’s ownership of Lancaster County-based High Real Estate Group is being transferred to High Foundation, the foundation announced on Dec. 20. The year-end gift follows the donation last year of High Industries, which was valued at nearly $115.2 million. The value of the real estate company was not disclosed but […]

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Plan unveiled for suburban Harrisburg mall

A Maryland developer has revealed its vision for what will replace the Harrisburg Mall, a longtime suburban destination destined for the wrecking ball. Baltimore-based St. John Properties is proposing a roughly 550,000 square-foot development — dubbed Swatara Exchange — that includes a mix of retail and commercial buildings, with a smidgen of office space. While the plan calls for […]

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Court voids PA carbon-emission rules

A state court has tossed aside regulations that would have enrolled Pennsylvania in a multistate carbon-cutting program, regulations that were a climate-change priority for the former administration of Gov. Tom Wolf.At issue was whether the heart of the program — a market in which companies must buy credits to emit carbon — represented a fee or […]

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Brokerage buys capital-area advisory firm

A Harrisburg-area financial advisory has joined the wave of consolidation washing over the industry.Comprehensive Financial Associates, based in Susquehanna Township, has been acquired by insurance and benefits brokerage AssuredPartners, according to a press release from Wise Rhino Group, the M&A firm that advised Comprehensive Financial. Terms of the transaction were not disclosed. But it also includes an […]

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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 as […]

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Podcast: Childcare challenges

The challenges for childcare providers have not eased since the pandemic. If anything, they have grown steeper, as providers struggle to retain and attract workers at a time of rising wages.But if business leaders have learned anything over the last few years, it is that working parents need access to quality childcare if they hope […]

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Land-use fights flare across Central PA

The ground may be cold but battles over land use in Central Pennsylvania are heating up.Residents and developers are clashing on several fronts across the region.Not surprisingly, proposed warehouses are among the sharpest points of contention.Large-scale solar projects have triggered outcries, as well.But disputes also have arisen over housing, most notably in Lancaster city, where a […]

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Nonprofit sues bank after alleged account fraud

Fraudsters drained nearly $250,000 from bank accounts of the Center for Independent Living of Central PA, and the Harrisburg-based nonprofit wants its bank, Mid Penn Bank, to refund the money, according to a lawsuit filed last week in Dauphin County court.The Harrisburg-based bank allegedly failed to enforce “commercially reasonable” security controls on the accounts and thus it […]

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Court ruling could prompt millions in corporate tax refunds

Thanks to a recent court ruling, the commonwealth of Pennsylvania could be on the hook for more than $100 million in tax refunds to businesses.The ruling came in a case that arose over provisions outlining how companies can use past losses to lower their tax bills.Some corporate taxpayers have claimed, successfully, that provisions that have […]

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Local agencies win money, role in new small-biz funding program

State officials fired the starting gun and now economic-development officials across Central Pennsylvania are off to the races.In an announcement Sept. 13, the Department of Community and Economic Development unveiled the local agencies that will play a role in distributing $246.7 million to small businesses statewide under a federal program called the State Small Business […]

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The ups, downs and continuing sagas of 2021

Like their peers around the U.S., local businesses were battered in 2021 by inflation, labor shortages and supply chain glitches – not to mention the persistent challenge of navigating Covid-19.But there also were ups and downs unique to Central Pennsylvania.Like what: On the upside, a new hospital opened — and another is on the way […]

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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 Ventures.The […]

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York-area manufacturer gears up for life, uncertain economy after shutdown

When its doors reopen this month, York County manufacturer Weldon Solutions will be proceeding with caution: The company plans to bring back a portion of its 40 workers at a time. “I want to see what it looks like to bring more and more people in,” said Travis Gentzler, Weldon’s president. “I don’t want to bring […]

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To gain edge, West Shore gallery goes virtual

Given the limits imposed by social distancing, Doug Koozer considered canceling the opening scheduled for this weekend at his art gallery on the West Shore. But he and his business partner, Jason Kreiger, decided to forge ahead.

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Lancaster County hat maker hangs on

Online sales are still flowing for Bollman Hat Co. in Lancaster County. And the company has started making and selling wool felt masks. But revenue is 10% of what it was before the Covid-19 pandemic. That has meant some tough decisions at the employee-owned company.

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Thinking twice, but making masks and looking ahead

The orders are the easy part for Allegheny York LLC, a small manufacturer in Manchester Township, York County.They have been pouring in ever since a TV news feature on the company’s efforts to make plastic face shields, said Elisha Weir, vice president and sales lead for Allegheny York, which she co-owns with her husband, Aaron. […]

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A pioneer of coworking preps for a comeback

Over the last decade, Anne Kirby transformed The Candy Factory from an object of curiosity into a beacon of community. This year — the 10th anniversary of the Lancaster coworking space — was poised to be its best yet, she said.Then, in mid-March, Kirby began the difficult process of winding it down, even before the […]

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Modeling compassion in the crucible of Covid-19

The consultants at Work Wisdom were used to the video-conferencing app Zoom, the instant-messaging service Slack and other tech tools that connect people remotely. The team at Work Wisdom in Lancaster, from left: Mary Alice Fallon Feskey; Jamie Arroyo; Kate Coleman; Donunshae Sanders; Kedren Crosby; Kimberlee Peifer; Sarah Colantonio; Randy Berridge; and Anne Parmer. (PHOTO/SUBMITTED)So when […]

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