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Firm to boost production of semiconductor materials in PA

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

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Rite Aid sells HQ to Philly-area developers

Philadelphia-area developers have purchased the former Rite Aid headquarters in Cumberland County and plan to redevelop the site.Affiliates of Jenkintown-based Goodman Properties and Malvern-based E. Kahn Development paid $4.735 million for the roughly 205,000 square-foot complex, according to county deed records. The developers are still working out their plans for the site, which is at 30 Hunter Lane in East Pennsboro […]

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Mid Penn filing blames Citi for nonprofit’s loss

New York-based Citibank should be held liable for any losses suffered by a Harrisburg-based nonprofit that claims it was the victim of fraud, according to a legal filing by Mid Penn Bank. The nonprofit, the Center for Independent Living of Central PA, sued Mid Penn over the loss in February. Fraudsters allegedly managed to access two of the nonprofit’s accounts at Mid […]

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PA Chamber’s insurance arm strikes first-ever deal

The for-profit insurance subsidiary of the Pennsylvania Chamber of Business and Industry is setting off on an expected growth spurt.Pennsylvania Chamber Insurance said yesterday it has closed on a deal to buy a book of business from Gar Thomas, owner of Hazleton-based insurance and benefits brokerage Washko and Thomas Agency LLC. The agency provided group health benefits to small and […]

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Land-use fights flare across Central PA

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

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Podcast: The business of farming

Advanced technology is sowing the seeds, often literally, for the future of farming. Automated and AI-powered tools can plant seeds, assess crop health and pick the finished product from the field — or greenhouse.But technology alone won’t save farmers. They also need to rethink and reinvent their business models.This edition of the YCEA podcast, produced […]

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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 But […]

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Nonprofit sues bank after alleged account fraud

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

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PA Court OKs tax refund over location issue

In a case that could have far-reaching implications for corporate taxpayers, the state’s highest court has awarded a $2.1 million tax refund to a Pennsylvania-based arm of Johnson & Johnson.Reached last week, the decision hinged on what sounds like a simple question: Whether the company owed taxes in Pennsylvania based on services produced in this state […]

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Camp Hill bank to merge with Delmarva peer

Camp Hill-based LinkBancorp has struck a deal that will extend its footprint into Delaware, Maryland, New Jersey and Virginia.The bank said yesterday it has agreed to a “merger of equals” with Partners Bancorp, a Salisbury, Maryland-based bank with a long history in the Delmarva region.The all-stock deal is valued at $167.8 million, according to a press release.“This is […]

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Harrisburg federal building sold again

The Harrisburg federal building has changed hands after all.Global Ocean Investments, which bought the 11-story building about a year ago for $10.01 million, has sold it for $13.13 million, according to Dauphin County deed records.The buyer is 1422 Route 179 Florida Realty LLC., whose leader affirmed plans to convert the office tower at 228 Walnut St. into apartments.“It’s […]

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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 providers, […]

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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, president […]

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Flagger Force sells stake to investment firm

With spending on bridges and highways expected to ramp up, a Florida-based investment firm has bought into Flagger Force, a Hummelstown-based company whose crews can be found directing traffic around work sites.Blue Sea Capital said yesterday it had invested in Flagger Force as part of a strategic partnership to support the company’s growth. Terms of the deal were […]

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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 far, […]

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PennSpring scoops up STEM camp operator

A Lancaster-based private equity firm is taking a third shot at the youth-enrichment market, a space where it has found success in the past.PennSpring Capital has acquired Emagination Tech Camps, which has been rebranded as Emagination STEM Camps, according to Lou Castelli, PennSpring’s managing partner. The previous owner was a private investor who bought the company during the […]

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Shapiro licensing plan includes money-back guarantee

Tired of waiting for that professional license?If it takes too long, Gov. Josh Shapiro wants to give you your money back, a pledge outlined in an executive order he signed on Jan. 31. First, state agencies have to figure out what is “too long.” The order directs state agencies to catalog all the licenses, certificates and permits […]

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Two Kinsley brothers die in avalanche during ski trip

York County has lost two of its most prominent business and philanthropic leaders.Brothers Jonathan and Timothy Kinsley died Monday while on a skiing trip in British Columbia. Jonathan, 59, was an executive with York-based Kinsley Enterprises, which oversees the Kinsley family’s business assets, including Kinsley Construction. Timothy, 57, was president of Kinsley Properties, a real estate development and […]

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Firm to boost production of semiconductor materials in PA

Rite Aid sells HQ to Philly-area developers

Mid Penn filing blames Citi for nonprofit’s loss

PA Chamber’s insurance arm strikes first-ever deal

Land-use fights flare across Central PA

Podcast: The business of farming

Lawsuit puts cannabis testing rule on hold

Nonprofit sues bank after alleged account fraud

PA Court OKs tax refund over location issue

Camp Hill bank to merge with Delmarva peer

Harrisburg federal building sold again

Lanco practice eyes growth in telemedicine

Can new fees fix EMS finances?

Flagger Force sells stake to investment firm

Highmark hit by data breach

PennSpring scoops up STEM camp operator

Shapiro licensing plan includes money-back guarantee

Two Kinsley brothers die in avalanche during ski trip

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