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Budget delivers big win, some misses for business

State lawmakers last week delivered a tax cut long sought by Pennsylvania’s business community. But in adopting a $45.2 billion budget on July 8 for the current fiscal year, they left out other sought-after provisions.The headline news is the immediate cut and subsequent phase-down of the state’s corporate net income tax, which had been 9.99%The […]

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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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West Shore construction firm on the move

RLS Construction Group LLC is investing nearly $1.5 million to buy and remodel the former Hampden Township municipal building at 230 S. Sporting Hill Road.The new location in Cumberland County will allow the company to consolidate operations that are currently at two locations, said Bob Schopfer, owner, president and CEO of RLS Construction.The company has […]

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Former N.B. Liebman store sold

A prime Carlisle Pike property has changed hands.A New York-based partnership paid nearly $5.5 million in June for the former home of N.B. Liebman Furniture at 4705 Carlisle Pike in Hampden Township, according to Cumberland County deed records.The site — which was owned by members of the Liebman family — was once eyed as a […]

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Podcast: Pain at the pump

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

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York College president to retire

Pamela Gunter-Smith, who led York College through the Covid-19 pandemic and deepened its connections to the York County community, plans to step down as president of the college in June 2023. She was named president, the college’s fourth, in 2013.During her nearly decade-long tenure, the college has undertaken numerous initiatives to forge stronger bonds with […]

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Penn State in deal to sell on-campus hotels

Penn State trustees voted this week to move ahead with a deal to sell two on-campus hotels to a third-party operator, Ardmore-based Scholar Hotel Group. Under the proposed agreement, Penn State would keep the land and lease it, while Scholar would buy The Nittany Lion Inn and Penn Stater Hotel and Conference Center in State […]

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Lebanon startup readies medical device for market

When Seth Pheng began working at a medical cannabis dispensary in 2019, the longtime pharmacist noticed two things.One was that people really were coming in for the medicine, not for the marijuana.Two was that it was an industry crying out for standards similar to what he was used to in the traditional pharmacy business.Three years […]

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Former PeoplesBank exec tapped to lead Lancaster credit union

Everence Federal Credit Union, a Lancaster-based credit union, has named Kristen Heisey as its new president and CEO effective June 27. Heisey worked most recently as a senior vice president overseeing marketing, communications, data analytics, client experience and product innovation at York-based PeoplesBank, which she joined in 2018. She worked before that in leadership roles […]

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Developer lifts curtain on plans for federal building

A developer is filling in some of the details on its plans to transform the Ronald Reagan Federal Building in Harrisburg into “The Federal” — a 200-unit luxury apartment building crowned with a rooftop bar and a pair of restaurants.Developer Global Ocean Investments had already unveiled a goal of remaking the 250,000 square-foot building it […]

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Harrisburg-area firm agrees to sale

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

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Industry vet to guide bank’s capital-area expansion

Mansfield-based First Citizens Community Bank has hired a veteran business lender to lead its expansion into the capital region.Dragan Dodik, who has worked for several other banks in the Harrisburg area, has joined First Citizens as a senior lender and market leader.He recently played a similar role for Mifflintown-based Pennian Bank, which went on to […]

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Podcast: Business leaders talk early childhood education

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

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CPA giant snaps up Harrisburg’s Andculture

Harrisburg-based Andculture is poised to become part of Chicago-based accounting and advisory firm RSM US LLP.RSM said Thursday it has reached an agreement to buy Andculture, which specializes in marketing strategy, design and technology, Terms of the deal were not disclosed. But it is expected to close June 1, according to a press release. RSM was advised […]

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Local banking leader named to top job at PA chamber

Pennsylvania’s statewide business chamber has tapped a local banking executive as its next leader.Luke Bernstein, an executive at Shippensburg-based Orrstown Financial Services, is poised to become the next president and CEO of the Pennsylvania Chamber of Business and Industry. As of June 15, he will be taking over for Gene Barr, who announced his retirement last fall after more […]

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New owners plan facelift for former Coakley’s

A staple of downtown New Cumberland is poised for a makeover.New owners have taken over a group of properties that include the former Coakley’s Restaurant and Irish Pub, which closed in 2014 after going bankrupt.Plans are still taking shape. But Kara Pierce said she and her partner, engineering executive Bill Tafuto, plan to invest about […]

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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 York-based […]

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entrepreneurship

Food

Budget delivers big win, some misses for business

Armstrong Flooring in $107M deal that preserves local operations

Armstrong Flooring gets more time for sale

West Shore construction firm on the move

Former N.B. Liebman store sold

Podcast: Pain at the pump

York College president to retire

Penn State in deal to sell on-campus hotels

Lebanon startup readies medical device for market

Former PeoplesBank exec tapped to lead Lancaster credit union

Developer lifts curtain on plans for federal building

Harrisburg-area firm agrees to sale

Industry vet to guide bank’s capital-area expansion

Podcast: Business leaders talk early childhood education

CPA giant snaps up Harrisburg’s Andculture

Local banking leader named to top job at PA chamber

New owners plan facelift for former Coakley’s

York leaders revive grant program for early childhood ed

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