Vikram Dasgupta has been named treasurer of Mid Penn Bank, the chief operating subsidiary of Mid Penn Bancorp. In what is a new role for the Millersburg-based bank, he will focus on strategies related to interest rate risk, capital and liquidity management.Dasgupta worked most recently as head of finance transformation for trade and treasury services at […]
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 […]
Andy Kochanowski was looking for a business to buy when he came across a listing on BizBuySell that caught his eye.It was for a data center in Susquehanna Township, Dauphin County, operated by Elevated MSP LLC, an IT services company in Lemoyne. Elevated was looking to exit the business in order to focus on its core […]
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 tucked […]
Hanover Foods agreed on a new labor contract this week with a union representing about 300 employees at its Hanover-area plants. The union — United Food and Commercial Workers Local 1776 — had threatened to strike, with its leader arguing that the company was proposing unacceptable changes to health and pension benefits, as well as inadequate raises.The new […]
WellSpan Health has forged an agreement with Lewis Katz School of Medicine at Temple University to develop a York area campus for the medical school in time for the 2027-28 school year.The campus would be the second outside of Philadelphia for the Katz School, which also has one in Bethlehem in partnership with St. Luke’s University […]
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 majority stake […]
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 […]
Messiah Lifeways is planning to build a new campus in northern York County, with a groundbreaking slated for October. The campus will occupy 85 acres of farmland tucked into a bend of the Yellow Breeches Creek in Fairview Township, about 10 minutes from Camp Hill.Based in Upper Allen Township, Cumberland County, Messiah paid $5.9 million last year […]
F&M Trust has made a number of hires and promotions.Greg Carter has been hired as community office manager for the bank’s Linglestown office. The Harrisburg resident previously was vice president and financial solutions manager for First Commonwealth Bank.Heather Gormont has been hired as consumer lending manager, based at the bank’s Chambersburg office. The Fayetteville resident […]
Tony Wright has been named managing director of sales for Pennsylvania Chamber Insurance, a for-profit subsidiary of the Harrisburg-based Pennsylvania Chamber of Business and Industry. The Harrisburg native has nearly three decades of sales and leadership experience. “I’m thrilled to bring my energy and talents to PCI and work with this customer-focused and knowledgeable team,” Wright said in […]
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 […]
Mary Yanocha has joined Lancaster-based law firm Saxton & Stump as senior director of marketing and business development. Based in the firm’s Malvern offie, she will work with senior leaders to cultivate growth and integration, with the goal of expanding the firm’s presence in Pennsylvania, South Carolina and other states.Yanocha joins Saxton & Stump after […]
Stuart Haniff has been named executive director of Hunger-Fee Pennsylvania following the retirement last month of its long-time leader, Sheila Christopher. Christopher has led the Harrisburg-based nonprofit since she helped launch it 40 years ago at the peak of a sharp national recession. It oversees a statewide network of food banks that serve people at […]
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 […]
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 […]
Heidi Freese has been named a shareholder in Tucker Arensberg, a Pittsburgh-based law firm with offices in Harrisburg, Beaver, Cleveland, New York and the San Francisco Bay Area. Freese is working out of the firm’s Harrisburg office.Freese was most recently the federal public defender for the Middle District of Pennsylvania. Before that, she worked for […]
Roger Haddon and Timm Moyer joined the WellSpan Health board of directors effective July 3, following the health system’s recent affiliation with Evangelical Community Hospital. Haddon is president, CEO and owner of Sunbury Broadcasting Corp., a digital media/digital marketing company that includes four radio stations and corresponding local news and entertainment platforms. Prior to that, […]
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