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PE firm takes bite of Lancaster honey biz

A Florida-based private equity firm has landed what it hopes will be a sweet deal in Lancaster County. The firm, New Water Capital, has acquired a majority stake in family-owned Dutch Gold Honey and related businesses in food, logistics and packaging. Terms of the transaction were not disclosed, but it includes minority ownership for its original owners, the […]

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Central PA bank-fraud ring busted

State police broke up a bank-fraud ring that drained more than $3 million from accounts of customers at Members 1st Federal Credit Union, according to a criminal complaint filed in a Cumberland County magisterial district. The credit union, based in Hampden Township, Cumberland County, reimbursed the losses suffered by its members. News of the bust came […]

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University taps consultant to review finances

Harrisburg University of Science and Technology has hired a financial consultant to review its finances, a move triggered by a technical default under its bond agreements, according to disclosures made to bondholders. It is the third time over the last several years that HU has hired a consultant to help straighten out its finances. The […]

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Hospital attacks tests trauma response

The heartbreaking accounts began populating social media feeds early last week: harrowing posts from nurses and other healthcare workers who survived the deadly hostage-taking that unfolded inside the intensive care unit at UPMC Memorial in York County on the morning of Feb. 22. The stories offer a glimpse into the nightmare endured by UPMC staff members, who […]

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Messiah Lifeways

Kevin Cysyk has been named chief experience officer of Messiah Lifeways, a Mechanicsburg-based senior-living provider, effective March 3. He succeeds Alicia Titus, who left to become president and CEO of Londonderry Village, a senior-living community in Palmyra. Cysyk worked most recently as vice president of development, acquisition and capital expenditure at senior-living provider IntegraCare. At Messiah, he will […]

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Investors sue bank for alleged faulty oversight of Lancaster ATM operator

The flurry of litigation around defunct ATM operator Paramount Management Group and its former principal, Daryl Heller is thickening. Investors in the ATM network are suing a South Dakota bank that signed off on Paramount’s financial condition, alleging the bank should have warned them about shortcomings at the Lancaster-based ATM company. A company that sold ATMs to […]

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West Shore office building changes hands

A local firm paid $10 million for a renovated office building on the West Shore. The building at 275 Grandview Ave. in East Pennsboro Township was owned by a partnership headed by developer Drew Bobincheck. He sold it this week to an affiliate of Select Capital Commercial Properties LLC, a Mechanicsburg-based real estate investment firm that has […]

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Penn State Health

Dr. Ajay Saini has been promoted to medical director of quality for Penn State Health, a new systemwide role for the regional health system. Saini will oversee development of new quality and patient safety initiatives for Penn State Health, as well as ensure compliance with regulatory standards through a culture of safety and high reliability, […]

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McNees Wallace & Nurick

McNees Wallace & Nurick has added three attorneys. Jennifer Deardorff has joined the real estate team at the law firm’s office Towson, Maryland. Gelareh Etesam has joined the firm’s corporate and tax team in Harrisburg. Sarah McGowan has joined the labor and employment team in Harrisburg. Deardorff previously worked as a foreclosure attorney, representing mortgage […]

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EV chargers completed amid funding uncertainty

State officials yesterday celebrated the opening of three new stations for charging electric vehicles amid uncertainty over the federal funding that helped pay for them. The new stations — in Cumberland, Franklin and Susquehanna counties — are funded by a $7.5 billion program designed to make it easier for drivers nationwide to find EV chargers. […]

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Penn State mulling branch campus closures

Penn State is planning to cut some of its 19 branches around the state, known as Commonwealth Campuses. Citing declining enrollment and funding challenges, Penn State president Neeli Bandapudi said yesterday that university leaders are drawing up plans to close a still-to-be-determined number of campuses. Not in any danger are the seven largest Commonwealth Campuses: Abington, […]

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Gannett Fleming to relocate to smaller HQ

One of the region’s largest engineering firms is on the move. Gannett Fleming TranSystems is planning to relocate from its longtime offices in East Pennsboro Township to new space in Silver Spring Township, according to real estate firm CBRE. Gannett Fleming will be leasing 100,000 square feet at 100 and 300 Sterling Parkway, part of an office […]

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Heller-linked IT firm sells unit to California company

A California tech firm has acquired portions of a Lancaster-based IT company co-founded by Daryl Heller, the business owner at the center of a legal vortex. The Lancaster company is AVAIL Technology Solutions, which traces its roots to a venture called Premier Management Group. Premier was founded in 1990 by Heller and entrepreneur Bob Horst. But the […]

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Retail, office leases around the region

All in Mart LLC leased a 3,600 square foot retail suite at 3914 Jonestown Road in Harrisburg. The new tenant plans to undertake minor renovations and will transform the space into a convenience store and smoke shop. Chris Wilsbach of NAI CIR represented the landlord. Artisan Mill Co. leased 15,143 square feet of retail space […]

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Brown Plus

Seth Nolt has joined Brown Plus as its the first-ever information technology director for the Camp Hill-based accounting and advisory firm. Nolt has more than 27 years of experience in the technology field and worked most recently the IT director for a private Bible college, seminary and graduate school. He has an associate degree in […]

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Stoner Bunting Advertising

Cheryl Shinton has been named president of Stoner Bunting Advertising in Lancaster. Shinton had been COO of the agency, which was founded in 1984 and serves many companies in the building products industry. Shinton joined Stoner Bunting in 2008, left in 2011 to work at other companies and returned in 2018. As COO, she is credited with […]

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Spring Grove firm tees up software for national sales

After nearly a decade of fine tuning, a Spring Grove software company believes its main product is ready for prime time. CFA Solutions debuted an early version of the software — designed to root out errors in the manufacturing process — in 2017. The company spent the last few years testing it with local manufacturers. But […]

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Owner plans farmers’ market at former Harrisburg school

Jeremy Hunter, owner of the former Bishop McDevitt High School in Harrisburg, is pivoting. Hunter had been trying to sell the building in order to satisfy an agreement with creditors, who moved to foreclose on the property. Under the agreement, he must pay off about $2 million in debt attached to the building or face […]

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Construction

Economy

entrepreneurship

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PE firm takes bite of Lancaster honey biz

Central PA bank-fraud ring busted

University taps consultant to review finances

Hospital attacks tests trauma response

Messiah Lifeways

Investors sue bank for alleged faulty oversight of Lancaster ATM operator

West Shore office building changes hands

Penn State Health

McNees Wallace & Nurick

EV chargers completed amid funding uncertainty

Penn State mulling branch campus closures

Gannett Fleming to relocate to smaller HQ

Heller-linked IT firm sells unit to California company

Retail, office leases around the region

Brown Plus

Stoner Bunting Advertising

Spring Grove firm tees up software for national sales

Owner plans farmers’ market at former Harrisburg school

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