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Banks, retailers spar over swipe-fee legislation

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

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Lanco financial firm merges with Denver peer

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

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Inch & Co. launches $20M real estate fund

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

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Bank to form holding company

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

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Regional benefits firms merge

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

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Camp Hill bank to shed NJ branches

LinkBancorp is selling its newly acquired operations in South Jersey for an after-tax gain of about $10.5 million, according to LinkBancorp CEO Andrew Samuel. The buyer is Philadelphia-based American Heritage Federal Credit Union, which has more than 310,000 members and assets of more than $4.8 billion. Expected to close in the second quarter of this year, […]

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Amid improving finances, college misses bond payment

Harrisburg University of Science and Technology failed to make a monthly loan payment on May 1 in default of its loan agreement, according to a disclosure last week to its bondholders. Under the agreement, monthly payments to the bond trustee roll up into semiannual payments on interest and principal on the university’s bonds. Those semiannual payments are […]

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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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York adopts new financing tool for green projects

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

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First Dauphin branch in the works for F&M Trust

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

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State rolls out home-energy loan program

Pennsylvania officials are tapping an Allentown-based lender to operate a statewide program funneling money to homeowners who want to make their homes more energy efficient. The program, called the Keystone Energy Efficiency Program, could provide up to $10 million in loans to eligible homeowners in amounts ranging from $2,000 to $25,000. The amounts are generally […]

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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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West Shore distributor sells stake to PE firm

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

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Regional home-services company sold

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

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Inflation, rising rates weighed on dealmaking

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

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Weis pressured over climate, supply chain disclosures

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

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Local bank aims for the stars

Mid Penn Bancorp is fielding a sports and entertainment division designed to cater to the financial needs of high-profile athletes and entertainers. The unit formalizes an area where Mid Penn already has been making inroads, said Jordan Space, the bank’s COO. Many celebrities have come to know and trust the Harrisburg-based bank through its annual celebrity golf […]

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Statewide venture fund makes first investments

Four months after taking the field, a statewide venture fund is taking its first shots. The so-called GO PA Fund has invested in two companies, a financial technology firm based in Swarthmore and an advertising tech company based in New York, albeit with roots and some operations in Philadelphia. The fintech company is LoanStar Technologies, which […]

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

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

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Inch taps construction vet for ops/finance chief

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

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Building a national brand from a West Shore base

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

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Firms partner on $18.6M apartment project in Lebanon

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

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House OKs expansion to prevailing-wage law

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

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Harristown undertaking $750K reno project

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

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Proposed tweaks to prevailing wage spur debate

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

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High court to hear dispute over prevailing wage

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

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York developer names CEO as founder moves to CFO

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

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Retirement community plans $27M building project

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

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Nashville twin in works for Rock Lititz

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

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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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First Dauphin branch in the works for F&M Trust

The chief banking subsidiary of Chambersburg-based Franklin Financial Services has broken ground on a new branch at 4765 Linglestown Road in Lower Paxton Township. It will be F&M

West Shore distributor sells stake to PE firm

R.F. Fager Co., a West Shore distributor of plumbing, heating, roofing and other supplies, has a new partner. New York-based private equity firm Tenex Capital Management has

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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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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Deal brings Gannett Fleming a bigger piece of Texas

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

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entrepreneurship

Food

Barley Snyder

Maria Di Stravolo Elliott has been named chair of the construction industry group at Lancaster-based law firm Barley Snyder. Elliott, a partner at the firm, previously chaired the group and returns to the role with extensive experience guiding clients through complex construction and real estate matters. She succeeds partner Christopher A. Naylor, who now leads […]

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Warehaus

Dan Creep and Erin Himmelberger have moved into director roles at Warehaus, a York-based design and engineering firm. The promotions allow company co-owners Troy Bankert and David Koratich to focus on their executive leadership roles. Bankert is president and CEO, while Koratich is COO. Creep, who has worked at Warehaus for more than two decades, has […]

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Bankrupt senior living provider eyes $41M asset sale

The assets of SpiriTrust Lutheran are heading to the auction block after the regional senior housing provider filed for bankruptcy protection in November. The York-based nonprofit has reached a tentative agreement to sell its senior living campuses and apartments to Concordia Lutheran Ministries, a senior living provider based in Butler County. SpiriTrust operates six retirement campuses and three […]

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Leadership resolutions for the New Year

Column by Richard Randall As 2025 comes to an end, leaders will naturally be thinking about how to position their

Acquisition expands regional CPA firm’s Lancaster footprint

Rregional accounting firm Brown Plus is acquiring Ross Buehler Falk & Company LLP, an accounting firm based in Manheim Township, Lancaster County. Terms of the transaction, which takes effect Jan. 1, were not disclosed. The deal bolsters Brown’s presence in Lancaster, where it has an office of 22 people. Ross Buehler adds 24 more, including partners Sean […]

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Data center boom could squeeze labor supply, raise costs

Data centers need a lot of electricity. But they also need electricians — and pipefitters and steelworkers and HVAC specialists and general laborers, among others — to get them up and humming. Thus, the boom in data center construction is likely to squeeze the supply of labor in areas like Lancaster, where data center projects […]

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Keystone innovation insights: From regional momentum to statewide acceleration

Column by Martin Fedorko Central Pennsylvania has shown what happens when capital, talent and support move in sync. The region

Penn National Insurance

Harrisburg-based property and casualty insurer Penn National Insurance is setting in motion a succession plan for president and CEO Robert Brandon, who has worked at Penn National for more than three decades, including five years in his current role. Brandon plans to relinquish his title as president on Jan. 5 and then retire on July 1. […]

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Local law firm hit by data breach

A data breach struck a Lancaster law firm this fall, exposing personal information on about 2,200 people, according to a notice filed with the Maine Attorney General’s office. Law firm BCGL LLC discovered the breach in October after identifying suspicious activity in its network, according to the notice, which the firm filed this month. The firm said it […]

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York developer building State College townhomes

Inch & Co., a York-based developer has begun construction on a townhome community in State College. The work is expected to wrap up in late 2027. Known as University Park Townes, the development includes 146 three-bedroom townhomes for rent and 40 flexible-stay units for short-term visitors, business travelers and others spending time near Penn State. […]

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Members 1st Federal Credit Union

Christine Pavlakovich has been named COO of Members 1st Federal Credit Union, one of the state’s largest credit unions. It is a new position for Members 1st, according to a credit union spokesperson. Pavlakovich joined Members 1st in 2023 as chief people officer and was named chief administrative officer in 2024. Her new role includes oversight […]

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PA Senate OKs bill to delay cuts in jobless benefits, ease access for domestic violence victims

State lawmakers from both parties are backing legislation that would make it easier for victims of domestic violence to qualify for unemployment benefits and delay benefit cuts that were scheduled to take effect next year. The measure, which passed in the Senate this week, was designed initially to help people who might be forced by a […]

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Office, retail space leased

717 Community Outreach Services Inc. leased 4,000 square feet of office space at 102 W. Franklin St. in Steelton. The organization will use the space to host a variety of community events, including outreach efforts, cultural gatherings and other initiatives that benefit the Steelton area and surrounding communities. Campbell Commercial Partners facilitated the lease. The […]

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High Foundation

Wyatt Behringer has been named communications and development manager for the High Foundation effective Dec. 1. He will lead the Foundation’s communications and marketing strategy and support the growth of its high impact areas, including affordable housing and the environment. Behringer will also contribute to the marketing and development work of the Partners for Environmental […]

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Board of WITF parent OKs payment for Lancaster newspaper transfer

WITF parent organization Pennon will spend $2.3 million during its current fiscal year to unwind its ownership of a Lancaster newspaper company. The money is coming out of an endowment fund established with the proceeds WITF received in 2017 from a federal auction of broadcast spectrum, according to documents presented to Pennon’s board at a meeting yesterday. The […]

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Warehouse construction underway along I-83

The Hanover Co., a Houston-based developer, is planting a pair of warehouses on a tract in Conewago Township, York County. The company, which is partnering with a real estate fund advised by Dallas-based Crow Holdings Capital and lender J.P. Morgan, broke ground on the project Friday and expects to wrap up construction by early 2027. The project includes […]

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WellSpan Health

Orie Chambers has been named president of WellSpan Ephrata Community Hospital in Lancaster County effective Nov. 30. Chambers has been interim leader of the 141-bed facility since former president Tina Citro was named president of WellSpan Good Samaritan Hospital in Lebanon County. Chambers has worked at WellSpan Ephrata since 2011, when he started as clinical director […]

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Pennon

Tom Baldrige, the former head of the Lancaster Chamber, has been named interim president and CEO of Pennon, the Swatara Township, Dauphin County-based parent of public broadcaster WITF and news publisher LNP Media Group. Pennon board chair Leigh Horner had been leading the nonprofit since the resignation in October of former president and CEO Ron Hetrick. Baldrige, who led the Lancaster […]

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House OKs tax credits for new power generation

Companies that build or expand power plants in Pennsylvania stand to benefit from millions of dollars in tax credits under legislation approved in the state House. However, the companies would have to navigate complicated criteria to claim the credits, including requirements capping carbon emissions and setting minimum thresholds for capital spending. The legislation updates a […]

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PA revenue chief, state senator clash over tax-records request

A Pennsylvania state senator is escalating his dispute with the state revenue department over tax records related to an economic development zone in the Lehigh Valley. For the last few months, Sen. Jarrett Coleman has been seeking tax records related to a state-sanctioned improvement zone in downtown Allentown and questioning whether taxpayers are getting their […]

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State opens portal for reporting data breaches

Pennsylvania’s attorney general has set up an online portal where companies in Pennsylvania will be required to report data breaches under amendments enacted this year to the state’s breach notification laws. Signed into law in June, the amendments require companies to report breaches that affect at least 500 Pennsylvanians starting Sept. 26. In preparation for […]

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$450M project taking shape on former state hospital grounds

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

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

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

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York-area manufacturer resolves harassment claims

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

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House OKs expansion to prevailing-wage law

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

Grant swells funding for $75M Codorus Greenway project

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

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Health-equity proposal spurs questions from state lawmakers

Insurers could soon be facing a new requirement if they want to sell policies through Pennsylvania’s subsidized health insurance marketplace, known as Pennie. The operator of the marketplace is proposing a regulation that would require insurers to become accredited in health equity. The Pennsylvania Health Insurance Exchange Authority argues that health equity is a “well-recognized […]

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Panel OKs rules for professional licensing of ex-convicts

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

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

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

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Accenture, a major state contractor, opens Harrisburg office

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

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House panel OKs controversial swipe-fee legislation

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

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Banks, retailers spar over swipe-fee legislation

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

Panel to reconsider rules for licensing ex-convicts

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

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Proposed tweaks to prevailing wage spur debate

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

Firms win fight over medical cannnabis recall

In a ruling handed down last week, a Pennsylvania court overturned an effort by health officials to recall hundreds of vaping products previously approved for use in the state’s medical marijuana program. The controversial recall, ordered in February 2022 by the Pennsylvania Department of Health, was tantamount to a regulation, according to the ruling in […]

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Tax proposal raises specter of combined reporting

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

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Legal

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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Case tests corporate liability for defunct subsidiary

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

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Deadline nears for business-reporting requirement

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

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Court tosses developer’s lawsuit over township fees

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

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High court reverses ruling in tax-refund case

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

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Deal would transfer control of beleaguered Harrisburg apartments

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

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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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Court OK sought for bankruptcy sale of Harrisburg-area winery

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

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

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

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Federal charges prompt suspension of York County judge

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

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Court docs disclose $2.8M offer for bankrupt winery

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

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Developer appeals ruling that blocks York-area warehouse rezoning

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

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PA court rules in Covid-era insurance case

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

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Lenders balk at bankrupt winery’s reorganization plan

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

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Harrisburg seeks dismissal of apartment owner’s bankruptcy case

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

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Employment provision under scrutiny in PA

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

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Mixed ruling allows York County winery to reopen

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

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Apartment owner claims Harrisburg hampering bankruptcy sale

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

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AMES parent to shutter local factories

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

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Firm to boost production of semiconductor materials in PA

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

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Lancaster print plants to close

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

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Utz names next CEO

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

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Harsco Headquarters sold to local developer

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

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York equipment manufacturer makes add-on acquisition

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

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With jobs in limbo, judge OKs Armstrong Flooring sale

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

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

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

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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 […]

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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 […]

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Vehicle-parts manufacturer moving operations to York area

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

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Following acquisitions, York-area firm forms holding company

The Conrad Co. is the name of a new holding company unveiled this year by Penn-Air & Hydraulics Corp., a growing manufacturing services company based in Springettsbury Township, York County. The holding company encompasses PennAir, a company acquired by PennAir in 2019 and three other companies acquired since then, according to Seth Bray, the CEO of PennAir and […]

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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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Real Estate

Carlisle apartment complexes change hands

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

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

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

Accenture, a major state contractor, opens Harrisburg office

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

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

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

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Pallet company buying Chambersburg-area facility for relocation

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

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York developer names CEO as founder moves to CFO

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

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

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

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Oregon Dairy property sold in leaseback deal

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

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Harrisburg building eyed for makeover fetches $14.5M

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

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Inch & Co. launches $20M real estate fund

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

Bankrupty of Harrisburg apartment owner takes new turn

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

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Shippensburg-area plaza sells for $6.6M

A buyer with a growing portfolio of Pennsylvania shopping centers has added another one. A partnership led by Leo Ullman of New York-based retail developer Vastgood Properties paid $6.63 million at the end of April for Shippensburg Marketplace, according to Brad Rohrbaugh, executive vice president and retail director for York-based Bennett Williams Commercial. Rohrbaugh and […]

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Deal for Lanco tiny-homes startup changes shape

The potential buyers of a Lancaster County-based tiny-homes company are taking a new tack. Chase Packaging Corp., a New Jersey-based shell company, had been planning to take Tiny Estates LLC and two related entities public through a merger. The companies are led by CEO Abby Shank, a former KPMG auditor who started a tiny-home community outside Elizabethtown in 2018. But […]

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Harrisburg office complex sold to Philly-area firm

When Penn Center Harrisburg hit the market in summer 2022, the asking price for the three-building complex was $22 million. The half-vacant property in the 2600 block of North Third Street ended up selling for $1.45 million late last month following the bankruptcy of its owner, Penn Center Harrisburg LP. The buyer is an affiliate of Pennmark, […]

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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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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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Nonprofit shedding senior-living operations

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

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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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Technology

Other Categories

Thinking twice, but making masks and looking ahead

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

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A pioneer of coworking preps for a comeback

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

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Modeling compassion in the crucible of Covid-19

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

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Startup, interrupted

Sam Beiler and Jared Neff had been drawing up growth plans for their Lancaster-based startup, but the Covid-19 pandemic dashed their forays into raising outside capital. Now, their goal is to begin generating a profit more quickly. “That’s kind of the mindset of any startup right now,” said Beiler, co-founder and CEO of a social […]

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At JPL, events drop but other work powers ahead

Among the first to raise alarms for JPL was its small staff in New York City. As the first cases of Covid-19 were appearing in the Big Apple in early March, JPL’s four New York employees said they wanted to work from home. Luke Kempski is president of JPL, a multimedia production and marketing company […]

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Winery follows tested formula but future still uncertain

Carl Helrich enjoys a glass of wine among the barrels at Allegro Winery in Chanceford Township, York County. PHOTO/SUBMITTED Carl Helrich took over Allegro Winery on Sept. 10, 2001. Family and hard work got him through the economic contraction that followed the terrorist attacks the very next day. He has been having flashbacks to those […]

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At work but not at ease for Wolfgang Confectioners

In early March, as the coronavirus spread into Pennsylvania, Wolfgang Confectioners beefed up its already strict regimen for sanitation and cleaning. Employees at work in a Wolfgang Confectioners plant in Loganville, York County. PHOTO/SUBMITTED “People are constantly washing their hands. We have uniform changes on a regular basis, so there’s a lot of things that […]

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Layoffs, lost revenue follow construction halt

A warm winter this year was good for business at Bill Anskis Co. Inc., a construction firm based in Elysburg, a little more than an hour north of Harrisburg. Mark Anskis stands outside the closed offices of Bill Anskis Co. Inc., a construction firm based in Elysburg, north of Harrisburg. He is a co-owner of […]

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