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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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Order finds ATM operator in contempt

A court order on Friday gave some relief to investors in Paramount Management Group, a financially strapped ATM operator based in Lancaster. But the order did not give the investors everything they wanted. Notably, it stopped short of ordering Paramount to hire a forensic auditor to help recover funds for the investors, who argue they are […]

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New Cumberland wealth advisory sold

Since it was founded in 2019, Zimmermann Investment Management & Planning in New Cumberland has grown to more than $700 million in assets under management. But if it wanted to keep growing at the same pace, it needed a partner, said Curt H. Zimmerman, founder and president of the company. “We just needed a different way […]

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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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F&M Trust leader sets retirement date

Tim Henry is planning to retire effective April 29 as president and CEO of Chambersburg-based Franklin Financial Services Corp., parent of F&M Trust. “It was time,” said Henry, who will turn 67 next year. The bank is in “great shape,” he added, making it a good time to step away. He also plans to leave his role […]

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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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Retirement clouds leadership succession at regional bank

An early retirement is throwing off leadership succession plans for one of the region’s largest banks. Craig Kauffman, who was in line to take the top job at Orrstown Financial Services next year, retired as of Sept. 30, according to a Sept. 25 securities filing from the bank. Kauffman, Orrstown’s COO, decided to retire due to personal reasons […]

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Credit union to move Harrisburg branch to West Shore

PSECU is seeking permission to relocate its branch in Strawberry Square in downtown Harrisburg to a former FNB branch at 1249 Market St. in Lemoyne, according to a filing by the Department of Banking and Securities. The Harrisburg-based credit union picked the West Shore location, in part, because it is more accessible and convenient, said Adam Stewart, the credit […]

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Community banks in northcentral PA to merge

Mifflinburg Bancorp and Northumberland Bancorp, a pair of small community banks in northcentral Pennsylvania. said yesterday they are combining in a merger of equals valued at $34.2 million. The all-stock deal is expected to close in the first half of 2025. Mifflinburg Bancorp has assets of about $568.5 million and operates seven branches in Mifflinburg, Lewisburg, Millheim, Milton, […]

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Fulton edges past PNC for market-share lead

A seven-county swath of Central Pennsylvania has a new No. 1 when it comes to bank deposits. Lancaster-based Fulton Bank has eclipsed longtime leader PNC Bank for the top share of deposits in Adams, Cumberland, Dauphin, Franklin, Lancaster, Lebanon and York counties, according to the latest data from the Federal Deposit Insurance Corp. As of June 30, Fulton had […]

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Nonprofit lender lands $40M in tax credits to back projects

Community First Fund has been awarded $40 million in new market tax credits, which it can use to support economic-development projects around the region. The credits are awarded annually by the U.S. Treasury on a competitive basis. Based in Lancaster, Community First was awarded $30 million in new market tax credits last year. Those credits are […]

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Virtual-assistant biz makes third acquisition this year

The virtual-assistant business has been a source of real-world growth for Zirtual, a portfolio company of Lancaster-based investment firm PennSpring Capital. Zirtual closed Friday on the acquisition of Double, a virtual-assistant business based in Brooklyn, New York. It’s the third deal this year for Zirtual since it was acquired by PennSpring in December. People hire virtual assistants to help […]

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New owners, new outlook for Lancaster contractor

Aimee Deraco hesitated when she was first approached about becoming chief executive of Brubaker Inc., a family-owned contractor in Lancaster County that was mulling a transition to employee ownership. She wasn’t sure, at first, what role would be played by the company’s then-owners, brothers Dave, Don and Gerry Brubaker. They had taken over the company […]

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Demo approved, sites confirmed for Lancaster data centers

The dust is still settling on the flurry of announcements for massive data and energy projects proposed this week for Pennsylvania. Actual dust could soon start flying on one of those projects — a $6 billion data center investment in Lancaster. The city has issued demolition permits for the first phase of the project, according […]

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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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Major mixed-use project in Lancaster secures zoning OK

High Real Estate Group took a step forward this week in its ambitious plan to develop a 476-acre tract west of Lancaster where the company envisions a mix of homes, apartment buildings, shops and light industrial space. Supervisors in Manor Township voted 4-1 this week to change zoning on nearly 400 acres of the property from […]

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Firm eyes hotel use in part of former York-area hospital

The developer that converted the former Memorial Hospital in suburban York into apartments is asking Spring Garden Township to allow a hotel/motel use in a portion of the building, according to a zoning application before the township. In a zoning request for a special exception, BHI Properties LLC said it wants to create a hotel […]

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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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PE-backed firm scoops up West Shore utility contractor

A firm sponsored by private equity has purchased JMF Underground, a West Shore contractor that specializes in repair and maintenance of underground utility infrastructure. The Mechanicsburg-based contractor is now a part of Ohio-based Delphi Infrastructure Group, which is backed by MPE Partners, a private equity firm with offices in Boston and Cleveland. Terms of the transaction were not […]

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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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Regional contractors clash over hospital project

A York contractor claims it has not been paid in full for work it performed earlier this year on a multimillion-dollar project to expand a local hospital. In a lawsuit filed Tuesday in York County court, Kinsley Construction LLC says it was hired by other contractors in 2024 to provide concrete for the foundation of a new […]

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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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Gannett Fleming gets new CEO, new name

More changes are coming to the region’s largest engineering firm. Gannett Fleming TranSystems relocated its West Shore headquarters this year. Now, the firm is getting a new name and a new CEO, the first leader from outside the company. The new moniker is GFT. The new CEO is Mike Orth. He succeeds Bob Scaer, who retired in […]

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WellSpan, Inch & Co. splinter over sports center

On a sunny day last September, leaders of WellSpan Health and real estate developer Inch & Co. came together to cement their partnership on a new sports complex in North York. Seven months later, the partnership appears to be coming apart. WellSpan is no longer a sponsor of what was going to be called the WellSpan Sports Complex, […]

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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 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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Widener law class grapples with pandemic’s legal fights

The Covid-19 pandemic has fueled a range of legal battles in Pennsylvania. Those battles are now the subject of a seminar at Widener University Commonwealth Law School.

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The region’s top real estate deals of 2021

The past year in Central Pennsylvania real estate was punctuated by some high-profile deals, as well as a torrid market for warehouses and other industrial properties. Here’s a look at what transpired in 2021.

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State lawsuit over PCBs advances

A state court has delivered a partial win for Pennsylvania in a year-old lawsuit seeking damages from ag giant Monsanto and related enitities over PCBs. An 84-page Commonwealth Court ruling on Dec. 30 swept aside six of Monsanto’s nine objections to the state lawsuit, paving the way for the next phase of litigation. Judges, however, did uphold two […]

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Armstrong Flooring mulls sale amid debt, supply chain challenges

Armstrong Flooring, one of Central Pennsylvania’s largest manufacturers and a long-time staple in the Lancaster economy, said late Friday it is considering a sale or other strategic alternative. Company leaders had been working to set Armstrong Flooring on a more profitable path, which included cutting down on its product portfolio and moving to a new, smaller headquarters in […]

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A look back at M&A in Central PA

The past year has been a busy one for mergers and acquisitions in Central Pennsylvania. Take a closer look at the action in this month-by-month recap for 2021. Unless otherwise indicated, the deal terms were not disclosed. January: U-GRO Learning Centres, a Derry Township-based preschool chain, was purchased by Michigan-based Learning Care Group, one of […]

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A $195M wish list for Central Pennsylvania

Every year, developers and local officials around Pennsylvania ask for funding from a state program called the Redevelopment Assistance Capital Program, or RACP. Last year, projects in Cumberland, Dauphin, Lancaster, Lebanon and York counties took home more than $39 million. But grants are not guaranteed. The program is competitive and many projects walk away empty-handed. […]

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A return to not-quite normal

As people trickle back into the workplace around Central Pennsylvania, it may feel like a return to normal. But the feeling could be deceptive. The return to the workplace is a change. And while the change is welcome, people still need time to adjust. “It’s not like you can just pick up where you left […]

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Venture firm takes root in York

Martin Fedorko did not cross the finish line the first time he tried to create a venture fund in York County. But he came away with valuable lessons he is applying to his latest effort: White Rose Ventures Most importantly, he learned that York County’s would-be investors are indeed interested in backing local companies. They […]

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Surveys: Business outlook optimistic but tempered by expectations of slow growth

As elected officials debate another government-led kickstart to the U.S. economy, business leaders are optimistic about their own prospects but resigned to slower growth overall. That’s the gist of two recent surveys gauging the outlook of executives who have spent the last six months grappling with the crippling impact of a pandemic that has taken […]

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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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Giant, Harrisburg U team up on new ag research center

Seeded by a $1 million donation from grocery chain The Giant Co., Harrisburg University is hoping to plant a new center for agricultural research in the capital city.

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Regional grocer grabs supply chain by the horns

For centuries, farmers planted seeds and fed animals – and then hoped they would find a market when their produce and livestock were ready to sell. Agribusiness entrepreneur Larisa Miller has been pitching a different model – and she found her first taker in Karns Foods, the Cumberland County-based grocery store chain.

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WellSpan seeks to make inroads with virtual primary care

In fall 2019, a pair of doctors from WellSpan Health set up a table at an insurance enrollment fair for the health system’s employees. Their goal was to recruit the first customers for a new online primary care practice. It took a bit of explaining even to an audience familiar with the ins and outs […]

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Law firm program gives Black entrepreneurs a legal leg up

Jabron Taylor wanted to tempt local taste buds with something new. Inspired by the 2019 chicken war between Popeyes and Chick-fil-A, Taylor settled on a recipe based on the Nashville hot chicken sandwich, the signature dish of America’s country music capital but a rarity in Central Pennsylvania. Since November 2019, he and several partners have […]

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Lancaster landowner, landscaper loses agricultural-based zoning case

In January 2021, a Lancaster County business owner purchased a 27-acre property zoned for agricultural uses in East Drumore Township, which is in the Quarryville area of the county. Almost immediately, township officials noticed that landscaping trucks were being parked at the property. After an investigation that included observing the comings and goings of trucks […]

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Distributor of classic auto parts expands operations

Harrisburg-based CJ Pony Parts has acquired auto restoration-focused brands from Holley Performance Products, including the Scott Drake and Brothers Trucks brands. The transaction expands CJ Pony Parts’ product portfolio in the classic vehicle aftermarket and further establishes it in the multi-brand restoration platform, the company says in a news release. CJ Pony Parts will integrate […]

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Inch & Co. expands operations with deal in Huntingdon County

York County-based Inch & Co. recently bought D.C. Goodman & Sons, a 112-year-old trades contracting company in the Huntingdon County region. All current D.C. Goodman & Sons employees are being retained, and the company’s name and Huntingdon base of operations will continue, Inch says in a news release. Inch is hiring additional staff to grow, […]

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Technica LLC

A South Carolina company with operations in Cumberland County is cutting jobs in Pennsylvania. The state Department of Labor is reporting that Technica LLC at 2001 Mission Drive in New Cumberland will lay off 100 workers on Sept. 30. The company filed a WARN notice with the state for Technica’s operations that are adjacent to […]

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York eatery closes after falling behind in rent to college

Copper Crust, a popular bakery and eatery adjacent to York College of Pennsylvania, has closed, at least temporarily. The college has been the landlord for the business since 2022 and had filed a lawsuit in May seeking back rent and other costs. Efforts to reach the owners, Sean and Nicole Austin, were not successful on […]

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Regional SBA exec aims to boost agency profile

Jim Spencer doesn’t blame business owners if they haven’t heard of the myriad programs offered by the U.S. Small Business Administration, where he serves as administrator for the Mid-Atlantic region. He puts the onus on the federal agency, which turned 73 years old yesterday. “We can do better than that,” said Spencer, who worked in […]

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Risant Health

Dr. Jaewon Ryu is stepping down as CEO of Risant Health, the parent organization of Danville-based health system Geisinger. Ryu, who led Geisinger before taking the helm at Risant, is moving on in order to focus on his family, according to Risant. Dale Maxwell, former CEO of Presbyterian Health Services, is filling in as interim CEO while Risant […]

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Armstrong World Industries Inc.

Jennifer Kozak has been named chief human resources officer of Armstrong World Industries Inc. effective Sept. 9. The c-suite role has been vacant for about 18 months, according to an Armstrong spokesperson. In the interim, the job’s responsibilities have been split between Salena Coachman, vice president of talent sustainability and acquisition, and Kelly Strunk, vice […]

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McNees Government Relations

Mason Kasprack has joined McNees Government Relations as a member of the Harrisburg-based government affairs firm. Kasprack will support McNees GR clients through legislative monitoring, policy research and tracking committee activity at the Pennsylvania State Capitol. He worked previously in public affairs, supporting clients in the oil and gas industry and leading grassroots engagement initiatives. […]

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Pennian Bank

Jim Eichelberger has joined Pennian Bank as senior vice president and commercial loan officer for the capital region, based at the bank’s loan production office in Camp Hill. Eichelberger brings more than 20 years of commercial banking and lending experience to the role. He worked most recently at Members 1st Federal Credit Union, where he […]

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State backs deal for New Oxford turkey plant

Lancaster County-based agricultural company The Wenger Group has acquired an Adams County turkey processing plant in a deal supported by $6 million in state funding. The deal is described by state officials as preventing a shutdown of the plant, one of the largest providers of organic turkey products east of the Mississippi River. It was previously owned […]

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York-area warehouse leased

An unidentified tenant has leased First Logistics Center @ I-83, a roughly 708,000-square-foot warehouse along Interstate 83 in Manchester Township, York County. The property’s Chicago-based owner, First Industrial Realty Trust Inc., said yesterday the long-term lease is for the entire facility. Terms of the lease were not disclosed. A First Industrial spokesperson declined to identify the […]

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Retiring healthcare chief sees ‘difficult environment’

Several forces are going to pressure hospital operating margins in Pennsylvania over the next few years, according to Roxanna Gapstur, president and CEO of WellSpan Health. Hospitals face shrinking Medicaid reimbursement, growing demand for charity care and an aging population burdened by chronic illness, she said yesterday morning at a conversation on healthcare hosted by the York […]

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Former York-area manufacturer reestablishing local operations

In 1998, Kanson Electronics Inc. moved from the Dover area to a recently shuttered clothing factory in Hohenwald, Tennessee, where town leaders were anxious to replace the plant’s lost manufacturing work. Nearly three decades later, company owner Arthur Filson Jr. is preparing to bring Kanson’s footprint back to York County. The manufacturer paid $275,000 for a […]

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Saxton & Stump

Bryan Warren has joined Saxton & Stump as vice president of strategic alliances and sales, a newly created role at the Lancaster-based law firm. Warren is expected to build a coordinated sales platform for the law firm and its seven affiliated companies, which include an HR consulting firm, an IP consulting firm and a specialty […]

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Harrisburg Regional Chamber & CREDC

Jessica Falborn has joined the Harrisburg Regional Chamber & CREDC as senior director of communications and public affairs. Falborn will lead the chamber’s marketing, strategic communications, public affairs and brand management initiatives. She previously held leadership roles with the U.S. Chamber of Commerce, National Restaurant Association, National Journal and The Hill newspaper, where she built […]

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Truck service centers fetch nearly $14.6M

A Chicago-area firm is expanding its holdings in Central Pennsylvania. Rosemont, Illinois-based Industrial Outdoor Ventures paid nearly $14.6 million for a portfolio of three properties leased to FleetPride truck service centers in Cumberland, Dauphin and York counties. The sites were previously owned by HRC Holding LP, a holding company headed by Rod Coupal. Coupal is the former owner of Harrisburg-based Triple […]

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Investor drops $60M on area shopping centers

A New York-based investor has been unloading shopping centers in Central Pennsylvania as part of a 16-property deal with affiliates of a real estate firm based in Cyprus. The seller is Vastgood Properties, based in Port Washington, New York. “It’s a good time to sell, and the properties are doing well,” said Vastgood founder Leo Ullman, […]

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Feds take aim at PA highway funds over CDL claims

The U.S. Department of Transportation is threatening to withhold $75 million in federal highway funding earmarked for Pennsylvania after accusing the state of illegally issuing commercial driver’s licenses to what the agency describes as “dangerous foreign drivers.” The warning comes days after U.S. Immigration and Customs Enforcement arrested an illegal immigrant from Uzbekistan who was […]

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Lancaster, developer forge deal over data center standards, community benefits

At a press conference yesterday, Lancaster Mayor Danene Sorace unveiled an agreement between the city and Chirisa Technology Parks, the Virginia-based company spearheading development of data centers on the site of former printing plants in the city. The 32-page community benefits agreement requires Chirisa to meet standards in areas such as noise, power and water usage for […]

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PA budget a billion-dollar miss for business

After more than four months of gridlock, state lawmakers and Gov. Josh Shapiro sealed the deal yesterday on a state budget. The nearly $50.1 billion spending plan for the fiscal year that began in July delivers tax savings for lower-income state residents and pours $25 million into the childcare sector, which suffered from lapses in state […]

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Inch & Co. wins preliminary nod for York-area housing plan

York County developer Inch & Co. cleared an early hurdle in its new plan for a tract in suburban York that has been at the center of controversy for more than three years. At a meeting last night, supervisors in Manchester Township voted 4 to 1 to conditionally approve a preliminary plan for 83 detached single-family […]

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Judges retained, mayors elected

The ayes have it. By a margin of roughly three to two, Pennsylvania voters retained three state Supreme Court justices yesterday, preserving the court’s Democratic five-to-two majority. Justices Christine Donohue, Kevin Dougherty and David Wecht each garnered more than 2 million “yes” votes on the question of whether they should remain on the bench for […]

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PA judges at center of high-profile retention race

Pennsylvania voters will decide tomorrow whether to retain three Supreme Court justices in what has become one of the state’s most expensive and partisan judicial races ever. Those arguing in favor of retention, including Gov. Josh Shapiro, warn that “no” votes could jeopardize abortion and voting rights. Those arguing against retention argue that the three justices in question […]

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Federal shutdown freezes SBA lending

The shutdown of the federal government is stalling a critical pipeline for loans to small businesses. Like the rest of the government, the U.S. Small Business Administration has been closed since Oct. 1. As a result, the agency is unable to formalize its guarantee to repay loans if small-business borrowers cannot. The guarantees encourage lenders to […]

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Attorney general pushing forward with power-line fight

Pennsylvania’s top lawyer plans to press ahead in a lawsuit over controversial power lines proposed for York and Franklin counties even after a federal court ruled in favor of the company behind the project. The decision by Attorney General Dave Sunday opens a new chapter in the four-year-old legal battle over the power lines, proposed […]

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Camp Hill restaurant proposal, other West Shore projects join hunt for state funds

One of Camp Hill’s most foreboding properties could be the key to a more prosperous future for the West Shore borough’s main commercial thoroughfare. Financial adviser Tony Conte and attorney Brian Hinkle are hoping to convert the former Masonic Temple at 2211 Market St. into a full-service restaurant with liquor license. The project aims to […]

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Lanco firms seek state funds for HQ upgrades, other projects

Some of Lancaster’s highest-profile companies are hoping to persuade state officials that their plans to upgrade corporate headquarters deserve a dose of public funding. Manufacturer Armstrong World Industries, event technology company Clair Global and flooring maker Ecore International are among applicants statewide angling for funds from the Redevelopment Assistance Capital Program, or RACP, a grant program that backs projects statewide. […]

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Officials vie for funds to revive York city landmarks

Officials in York hope state funding can help them revive two city landmarks — a dilapidated church and a downtown post office that has been mostly vacant for more than a decade. Economic development agencies in York are seeking $4 million for the Post Office and $3 million for the church through a competitive state […]

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Money sought for high-profile Harrisburg-area projects

Developers are applying for state funds to upgrade some of the capital region’s largest underused buildings. They include an idled steel mill in Steelton and two vacant office towers in downtown Harrisburg — former state offices at 333 Market St. and the former federal building at 228 Walnut St. The state funds would come through […]

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City residents receptive to data center rules

Lancaster city residents voiced cautious optimism about proposed rules regulating data centers within the borders of one of the region’s most populous municipalities. But they worried the new zoning regime would be too late to govern data center proposals already on the table for the city. “I’m very happy to see the direction we’re heading […]

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Court orders further review in case over medical cannabis testing

In a 5-2 ruling last week, the state Supreme Court upheld the authority of state regulators to issue rules for testing medical marijuana products before they hit the shelves. The ruling overturns a 2023 decision by Commonwealth Court that found regulators had exceeded their authority. Nonetheless, Pennsylvania’s top court sent the case back to the lower […]

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Budget gridlock strains childcare programs

Childcare providers were already struggling to keep up with the demand for their services. Then came the deadlock over the state budget, which has lasted nearly three months. For each week without a state budget, providers in Central Pennsylvania are missing out on about $1.1 million in state subsidies, according to Christy Renjilian, executive director […]

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New visa policy could have local impact

Confusion is giving way to a bit of clarity as employers wrap their heads around a new Trump administration policy enacting steep fees on visas allowing foreign-born workers to hold jobs in the U.S. When the policy was announced on Friday, employers worried they might have to pay to bring current visa holders back into the […]

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‘Resounding win’ for PA restaurants in suit over liquor fees

Restaurants in Pennsylvania overcame a key obstacle in their long-running effort to recover tens of millions of dollars in fees from the Pennsylvania Liquor Control Board that the restaurants argue they never should have been charged. In a 31-page ruling last week, a Commonwealth Court judge said the restaurants could pursue a class-action lawsuit against the […]

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Firm wins round in tax refund fight

A Pennsylvania appeals court sided last week with a corporate taxpayer that claimed state tax authorities were wrong to reject its petition for a refund. The company, a subsidiary of California-based electric utility Edison International, sought a refund for state taxes it paid in 2008 after an IRS audit in 2017 reduced its federal taxable income. […]

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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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Five years in, WellSpan CEO looks ahead

In January 2019, Roxanna Gapstur became president and CEO of WellSpan Health, one of the largest employers in Central Pennsylvania. In little over a year after her first day on the job, she was guiding the health system through one of its most visible challenges, the Covid-19 pandemic. The pandemic has subsided. But WellSpan and […]

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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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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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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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Lawsuit puts cannabis testing rule on hold

Companies that test, grow and process medical cannabis in Pennsylvania are suing to block a rule they say could cost them millions of dollars and ultimately raise prices for patients. The rule, which had been slated to take effect this week, alters the requirements for testing cannabis before and after it is processed into medication […]

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Lanco practice eyes growth in telemedicine

A Lancaster County medical practice is bellying up to the browser bar. US Digestive Health at Lancaster is rolling out a telemedicine service that could become a template for sister practices in its gastroenterology network, known as US Digestive Health. The service builds on the network’s experience with telemedicine during the pandemic and its growing acceptance among both patients and […]

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Can new fees fix EMS finances?

Many ambulance companies have opted for mergers and consolidations to offset the crushing financial pressures they face. In northwest Lancaster County, local leaders have come up with another option. They are proposing a regional authority that would levy fees on property owners to support an ambulance service. “There’s pushback on the fees,” acknowledged Marc Hershey, […]

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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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Drayer HQ sold to home-care provider

A Lancaster-area home-care company has purchased the corporate headquarters of Drayer Physical Therapy Institute in Swatara Township, Dauphin County. Druk Homecare Services, a home-care provider based in East Hempfield Township, paid $1.7 million for the 20,812 square-foot office building at 8205 Presidents Drive, according to county deed records. Druk plans to relocate to the second floor of the […]

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Embracing change, creating value

James Saxton was working as a healthcare attorney at the law firm Stevens & Lee when he partnered with Christopher Stump to start a new firm in Lancaster in 2015. But the law was not Saxton’s only focus. “I was a big, big believer in marketing and business discipline,” he said. Saxton has put those […]

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Operations of troubled apartment complex handed to receiver

An independent receiver is now overseeing the beleaguered Governor’s Square apartments in Uptown Harrisburg. Under a court order finalized in late August by a Dauphin County judge, Midtown Asset Consulting LLC is taking over daily operations of the 222-unit affordable apartment complex, whose owner filed for bankruptcy more than two years ago. Midtown Asset’s first step is […]

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Lawsuit targets credit union over data breach at vendor

A local lawsuit related to a data breach at insurance and employee benefits brokerage Alera Group has prompted a local lawsuit. The lawsuit is not targeting Illinois-based Alera, however. It was filed last month against Members 1st Federal Credit Union, based in Hampden Township, Cumberland County. Filed in Cumberland County by a Members 1st employee, the lawsuit […]

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Feds lodge civil, criminal charges against Heller

Federal authorities have filed a pair of complaints against Daryl Heller alleging that the Lancaster County business owner defrauded investors in an ATM network that operated as a ponzi scheme. The charges, from the U.S. Securities and Exchange Commission and the U.S. Attorney’s Office for the Eastern District of Pennsylvania, echo accusations made over the […]

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York County winery cleared to reopen

A York County winery is back open after facing yet another court order to shut down. In a brief decision Friday, the Pennsylvania Supreme Court cleared Moon Dancer Vineyards & Winery in Lower Windsor Township to reopen while it pursues its appeal of a long-running case over its right to operate. Lower courts have consistently ruled […]

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ATM investors take aim at former Heller partners

A new lawsuit aims to implicate former business partners of Daryl Heller in the alleged ponzi scheme at the center of his legal troubles. The class-action lawsuit, filed in federal court this week, accuses Jerry Hostetter, Mir Jafer Ali “Buck” Joffrey, Randall Leaman and Dave Zook of helping Heller carry out the scheme, which the […]

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‘Resounding win’ for PA restaurants in suit over liquor fees

Restaurants in Pennsylvania overcame a key obstacle in their long-running effort to recover tens of millions of dollars in fees from

Winery ordered to shut down after court hearing

It took a York County judge about 25 minutes to approve the closure of a business that has operated for more than 20 years. Barring any last-minute legal twists, Moon Dancer Vineyards & Winery in Lower Windsor Township must close “immediately” under an order approved at a hearing yesterday morning before Court of Common Pleas Judge Matthew […]

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Winery loses appeal in fight to stay open

A state court rejected an appeal from a York County winery fighting orders that it shut down. The decision last week by Superior Court of Pennsylvania forestalls one of the last legal avenues available to Moon Dancer Vineyards & Winery in its long-running battle with neighbors who want the venue to cease operations. The neighbors — Amanda […]

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Firm wins round in tax refund fight

A Pennsylvania appeals court sided last week with a corporate taxpayer that claimed state tax authorities were wrong to reject

Report finds signs of ponzi scheme at Heller ATM business

Business owner Daryl Heller has blamed several factors for the collapse of Paramount Management Group, the Lancaster-based ATM network that imploded last year in a morass of lawsuits. Those factors include rising interest rates, declining ATM usage and tighter regulatory requirements for the cash-dispensing machines, according to a report released this week by an examiner appointed […]

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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 […]

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Heller pitches plan to repay creditors

Bankrupt Lancaster County business owner Daryl Heller is floating a plan to pay back his creditors, but the plan is far from likely to be the final word on the matter. Investors in Heller’s best-known business — a defunct, Lancaster-based ATM network known as Paramount Management Group — are on record arguing that Heller should not be […]

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Former exec pleading not guilty to extortion charge

Bryan Chapman, a former supply chain executive for West Shore Home, is pleading not guilty to federal charges that he tried to extort a severance payment from the Mechanicsburg-based home improvement company after he was fired in 2023, according to Chapman and his attorney. The attorney, Thomas Thornton of the federal public defender’s office, declined to […]

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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

Heller spreads blame for collapse of ATM network

Investors have spent nearly a year blaming Daryl Heller for the crackup of an ATM network that allegedly cost them hundreds of millions of dollars. In a court filing last month, Heller dished out some blame of his own. He alleged that people managing the ATM investments misappropriated funds that should have gone to investors, […]

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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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Tariff uncertainty rattles factory sector

When tariffs took effect last week, leaders at JLS Automation decided to hold off a few days on importing a piece of equipment due in from Canada. It was not the threat of the tariffs as much as it was the potential for congestion at the border as shippers tried to avoid the extra charges, said Craig […]

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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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Cabin maker finds ‘forever home’ near Ephrata

Lancaster Log Cabins was born in Brecknock Township, Lancaster County, in 2016 and moved to the Gap area in 2020. It is planning to move once again, but company owner Dan Smucker hopes it’s the last time. Lancaster Log Cabins paid nearly $15.1 million this month for what Smucker hopes is its “forever home”: A 68.7-acre […]

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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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Utz CEO: Hoping ‘to get a whole lot bigger’

When Utz Brands Inc. announced in fall 2023 that it was closing one of its plants in Hanover, executives were prepared to answer questions about how many people worked there, what would happen to them, where production was moving and when. They did not expect as many questions about the fate of the company store […]

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Lanco magnet manufacturer scooped up

Over the last decade, revenue doubled for Electron Energy Corp., a specialty magnet manufacturer in East Hempfield Township, Lancaster County. But if it wanted to keep growing, the company realized that it needed a partner, said Scott Murr, the company’s vice president of revenue operations. That partner, announced yesterday, is Magnetic Holdings LLC, which has taken a […]

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Real Estate

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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Owner plans farmers’ market at former Harrisburg school

Jeremy Hunter, owner of the former Bishop McDevitt High School in Harrisburg, is pivoting. Hunter had been trying to sell the building in order to satisfy an agreement with creditors, who moved to foreclose on the property. Under the agreement, he must pay off about $2 million in debt attached to the building or face […]

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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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State aims to cut back on leased space

After nearly half a century, Harrisburg’s tallest building is set to lose its place as a destination for state employees. The state government is set to vacate the 22-story building over the next two years as part of a broader reshuffling designed to scale back its use of leased office space. The move reflects the […]

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Downtown York apartments change hands

A former tobacco warehouse-turned-high-end apartment building in York City has sold for $3.7 million. The price for the 18-unit building, known as Courthouse Commons, works out to be about $205,000 per unit, which a real estate firm involved in the deal described as a record-setting price in York. The previous average sale price was just […]

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Partners form $30M real estate fund

Capital-area developer Drew Bobincheck believes 2025 is going to be a good year for real estate investing. And he’s hoping to convince others to join him for the ride. He and three partners have launched a real estate fund called Opes Capital that they are opening to outside investors. They want to raise $30 million and then […]

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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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Developer eyes multibillion-dollar data center campus near Carlisle

Central Pennsylvania is home to big buildings that store stuff. A Virginia-based company is eyeing construction of big buildings that store data, reflecting a national race to boost data center capacity. PowerHouse Data Centers, an arm of Virginia-based American Real Estate Partners, has been discussing a potential multibillion-dollar data center development on a 700-acre tract in […]

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Logistics startup lands in York County

Warehouses in Central Pennsylvania often sport household names like Amazon and Chewy, or the logos of logistics giants like XPO, UPS and FedEx. A new player is muscling in. Toronto-based Shipfusion is leasing a 350,000 square-foot warehouse in the newly developed Core5 Logistics Center at Codorus Creek on the site of a former quarry straddling Manchester and East Manchester townships in York County. The […]

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Technology

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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Investors pour $2M into Harrisburg-area startup

Data helps online retailers figure out what you want to buy, but it’s not foolproof. Sometimes, you buy things that don’t fit or don’t work — and back they go. But even when shoes or shirts make a return trip, there is data to be gleaned. That’s the premise behind ReturnLogic, a tech firm founded […]

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Lancaster startup pivots to new market

A Lancaster startup is taking a new tack in distributing its product, an app that helps people improve their health through better eating, sleeping and exercising. The company, Fizika Group LLC, had focused on senior-living communities, said its founder, Martha Lester Harris. But the communities often have their own resources, like gyms and fitness programs, […]

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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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How realtors may adapt to a changing landscape

Over the last few weeks, real estate agents have begun bracing for the end of a common practice in home sales. It’s not the 6% commission, which agents argue is something of a misconception. It is the ability to signal that a homebuyer’s agent will be paid from the proceeds of a sale along with […]

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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 […]

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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 […]

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Another delay in sale of Harrisburg apartments

It could be another four weeks before a bankruptcy court decides the fate of the beleaguered Governor’s Square apartment complex in uptown Harrisburg. The court had been scheduled to hold a hearing April 2 on a proposed sale of the 222-unit complex But the hearing has now been moved to April 30 at the request of the […]

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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 […]

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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 […]

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Small housing group aims for bigger impact

About a dozen years ago, several members of East Chestnut Street Mennonite Church in Lancaster banded together to start a nonprofit focused on creating affordable housing, with a focus on people experiencing homelessness. Their first project was the purchase and conversion of a single-family home at 639 E. Chestnut St. Over the next decade, the […]

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Court extends time for bankruptcy sale of Harrisburg apartments

A court hearing on the bankruptcy sale of Governor’s Square apartment complex in uptown Harrisburg had been scheduled for Feb. 29. However, it has been moved to April 2 per an order from Chief Bankruptcy Judge Henry Van Eck of the U.S. Bankruptcy Court for the Middle District of Pennsylvania. Why is this happening: The […]

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Hershey looks to cut jobs, costs

The Hershey Co. plans to shed jobs this year as it battles higher cocoa prices and sluggish sales. The cuts will amount to less than 5% of the company’s roughly 20,000 workers worldwide, according to a Hershey spokesperson. “We do not expect significant disruption or impact to our employee base,” the spokesperson said, declining to […]

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Select Medical mulls spin-off of workplace health unit

Mechanicsburg-based Select Medical Holdings Corp. is preparing to spin off its occupational health services division, which does business as Concentra. Select Medical’s board approved the spin-off this week and expects the deal to close in late 2024. Select Medical shareholders would receive stock in Concentra in amounts yet to be determined but in a transaction that is […]

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York, Harrisburg firms on the move

The new year is poised to bring new digs to two local companies. Reynolds Restoration Services bought a flex property in suburban Harrisburg for its new headquarters. York County-based construction firm Wagman also has purchased a building for a new HQ, a property in Manchester Township, York County. Both companies said they are outgrowing their current spaces. Starting with: […]

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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 […]

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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 […]

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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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