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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 too high […]

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Steel fabricators expand in York County

The steel-fabrication business is thriving in York County as two companies expand operations there, one from Dallastown and one from Maryland. Yoe Construction, the Dallastown-based company, is leasing space for a new steel fabrication shop at 775 Lombard Road in Windsor Township, York County. The 23,142 square-foot shop is an extension of the company’s existing shop at […]

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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 Baseball […]

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Panel OKs reforms to water, sewer system sales

In a series of bipartisan votes yesterday, a state House panel approved a package of four bills designed to tweak the process for selling public water and sewer systems to private companies.The tweaks would amend a state law known as Act 12, which paved the way for greater consolidation of local water and sewer systems. Advocates note […]

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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 said, […]

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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 the […]

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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 York-based Kinsley Construction, York-based Susquehanna […]

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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 in […]

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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 property’s […]

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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, said company […]

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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 feasibilty.Holtwood […]

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Lanco steel fabricator sold

A longtime Lancaster County manufacturer is under new ownership.Greiner Industries, a structural steel fabricator in Mount Joy Township, Lancaster County, has been acquired by IES Holdings Inc., a Houston-based company that designs and installs electrical and technology systems for data centers, residential housing and industrial facilities, among other end markets. The acquisition includes the Greiner business […]

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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 for […]

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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 strategic […]

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House panel OKs bills on wage, workplace discrimination

A state House panel has passed bills on party-line votes that would strengthen protections against workplace discrimination.One bill would lower the threshold for state anti-discrimination enforcement to businesses with as few as two employees, down from the current threshold of four.Another bill would tweak provisions covering gender-based wage discrimination. It would, for example, bar disparate […]

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Bridge collapse echoes in Central PA

Shock waves from the collapse of a crucial highway bridge in Baltimore are sure to be felt in Central Pennsylvania, where highway signs yesterday warned of road closures to the south.The Francis Scott Key Bridge — which carried the Baltimore beltway over the Patapsco River near the Chesapeake Bay — was struck early in the morning […]

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Airline adding flights from Lancaster to Orlando

Breeze Airways, a Utah-based airline, is adding nonstop flights from Lancaster Airport to Orlando on Thursdays and Sundays starting on Oct. 8. Fares for the twice-weekly flights are expected to start at $79 each way. Breeze plans to use Airbus A220-300 jets on the route, according to a spokesperson for the airline. Among the potential beneficiaries […]

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Debate flares over hydro project

Debate is heating up over a proposed $2.3 billion hydroelectric project along the Susquehanna River in Chanceford Township, York County.The Federal Energy Regulatory Commission is assessing whether to grant project developer York Energy Storage LLC a preliminary permit, which would allow the company to undertake up to four years of feasibility studies.Hundreds of local residents and officials […]

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Construction

Economy

entrepreneurship

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State rolls out home-energy loan program

Steel fabricators expand in York County

PE-backed firm takes stake in Harrisburg baseball team

Panel OKs reforms to water, sewer system sales

West Shore distributor sells stake to PE firm

How realtors may adapt to a changing landscape

Insurers sue local contractors over recycling-plant fire

Engineering firm opens MD, western PA offices

Another delay in sale of Harrisburg apartments

Regional home-services company sold

Susquehanna dam operators oppose hydro project

Lanco steel fabricator sold

Shapiro labor directive triggers blowback

Nonprofit shedding senior-living operations

House panel OKs bills on wage, workplace discrimination

Bridge collapse echoes in Central PA

Airline adding flights from Lancaster to Orlando

Debate flares over hydro project

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• David Peck, Vice President of Business Development, Industrial Resolution

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