Martin Fedorko did not cross the finish line the first time he tried to create a venture fund in York County. But he came away with valuable lessons he is applying to his latest effort: White Rose VenturesMost importantly, he learned that York County’s would-be investors are indeed interested in backing local companies. They just […]
For nearly two decades, Cumberland County tech company Versatile Credit has been making it easier for businesses to offer in-store credit. Its latest device, called Snap Sign, makes it as easy as pointing a mobile phone at a plastic sign.The signs are a secure, contactless alternative to in-store kiosks, tablets or paper applications that typically […]
T.J. Foltz founded Humankind Beverage in 2011 with a goal of funneling profits from sales of bottled water into a charity bringing clean water to poverty-stricken areas of the world.He’s hoping to make a lot more sales now that the Elizabethtown-based brand — and its regional distribution arm — have been acquired.The buyer is Odeko, a New York-based […]
Harrisburg-based PSECU officially opened a new West Shore branch, replacing the credit union’s downtown Harrisburg branch in Strawberry Square, which saw a decline in traffic as state workers spent less time in the office. Many of PSECU’s nearly 600,000 members are state employees.The office is at 1249 Market St. in Lemoyne. It was originally opened by […]
Renata Engel has been named executive chancellor and interim vice president for the college’s network of campuses around the state effective May 19. Engel is succeeding Margo DelliCarpini, who is leaving at the end of June for a job at The College of New Jersey.Engel has worked at Penn State since 1990, most recently as vice […]
Gov. Josh Shapiro and allied lawmakers are taking aim at the role of private equity in healthcare, arguing there is a need for action after the fallout from hospital closures in suburban Philadelphia. They are pushing legislation that would give state officials greater say over deals between nonprofit healthcare providers and all for-profit buyers, not just […]
Wifinium, a York-based wireless communications company, has brought on the team, assets and contracts of Evolution Tech Services, a wireless network installation firm based in Binghamton, New York.Evolution, which is dissolving, is known for its work in the hospitality sector.The company’s five-member staff includes founder and principal Krisendat Lakhnath, who is joining Wifinium as senior manager of network […]
York-based Investment Real Estate Group of Companies acquired two self-storage facilities in April.One is a 370-unit facility at 133 Route 222 in Pawling, New York, about 72 miles north of New York City in the Hudson Valley region The 2.7-acre site also includes a commercial space.The second is a 480-unit facility along Route 206 in […]
As sales of its signature bone broth boomed over the last several years, Kettle & Fire struggled to keep its products on store shelves.A new production facility in Lancaster County, unveiled during a ribbon-cutting yesterday, is expected to help meet the demand and then some, according to company founders and executives.The $19.1 million plant is the first […]
The suspense is over.Penn State yesterday unveiled a long-awaited report laying out a plan to close branch campuses in York and Franklin counties, as well as five other campuses around the state.The move requires approval by trustees, who have not yet scheduled a meeting to vote on the plan. It is likely to face pushback from […]
Some of the York area’s best-known food and event venues are being reapportioned. Under a sales agreement finalized April 14, restaurateurs Tom Sibol and Jeremiah Anderson are divvying up the holdings of White Rose Restaurant Group, which is being dissolved, according to Sibol. Terms of the agreement were not disclosed.Sibol is retaining ownership of the group’s […]
A Dauphin County school district has agreed to buy a vacant office building at 4401 Deer Path Road in Susquehanna Township.Due to overcrowding in its existing spaces, the Susquehanna Township School District plans to use the 102,000-square-foot building for offices and classrooms, district superintendent Tamara Willis said in an interview with biznewsPA. The lender-owned property is […]
Brian Schlise has been named president of APR Supply Co., a newly created role for the Lebanon-based HVAC distributor. He will oversee the company’s day-to-day operations and strategic execution, while CEO Scott Weaver focuses on enterprise vision and growth, i.e., the big picture.Schlise worked most recently as president and CEO of Associated Builders and Contractors Ohio […]
Hershey has been a sweet spot for Hidden Still Spirits, which cranked up operations there in 2020.Thanks to the town’s tourist traffic, the distiller has seen steady business at its restaurant, which opened in February 2022.The company also is enjoying growing demand for its products, which include bourbon, gin, rum, vodka and tequila. And last year, Hidden […]
A Massachusetts-based partnership called Newport Ave LLC paid just over $5.7 million for the roughly 2.8-acre tract housing a Wawa convenience store at 4535 W. Market St., according to county deed records.The seller was an entity called 2023 Rte 116 W Manchester LLC. The Wawa store opened in December, one of several the Delaware County-based chain has been opening […]
Spring Grove-based papermaker Pixelle Specialty Solutions missed an interest payment on its debt due April 30, triggering a ratings downgrade from S&P Global. However, lenders are giving the company more time so it can close on the sale of a plant in Wisconsin and use the proceeds to make the interest payment and pay down debt.Pixelle […]
Kenneth Lower has been hired as CFO of Investment Real Estate Group of Companies, the York-based business that operates Moove In Self Storage facilities. The former banker succeeds Jack Fritsche, who became the company’s COO in January.Lower brings more than 20 years of experience in banking and private equity, most recently at UMB Financial. He launched a Philadelphia […]
Jeannine Cimino has been named a regional president in central and southern New Jersey for Mid Penn Bank, the chief banking subsidiary of Harrisburg-based Mid Penn Bancorp. Cimino was previously chief retail officer at Bucks County-based William Penn Bank, which Mid Penn acquired at the end of April.Cimino, who has more than 30 years of banking experience, oversaw […]
Gratz Borough will not be getting another day in court for its long-running case against a proposed solar project – at least not in Commonwealth Court.In a short note last week, the appeals court said it would not reconsider arguments in a zoning-related dispute over the project.The decision is the latest legal setback in the […]
Cleveland Brothers, a regional construction equipment dealership based in Murrysville, acquired BCI Rentals, an equipment rental business in Hollidaysburg. Terms of the transaction were not disclosed.BCI is being folded into Cleveland Brothers subsidiary One Call Rentals, a network of Cat rental stores that Cleveland Brothers acquired in 2005.Cleveland Brothers and One Call have 30 branches overall, including […]
After trading legal blows for more than a year, the feuding owners of United Fiber & Data have reached a settlement.The confidential deal ends legal sparring that began in 2020 over the company, which was founded in York by members of the rock band Live and their business partner, Bill Hynes. The fight had narrowed in recent months to one between […]
The estate of late Lancaster County developer Richard Welkowitz is hoping to make a deal to settle its debts, according to a filing in Lancaster County court.The proposed deal would funnel money to the estate’s secured and unsecured creditors and it would allow the estate to avoid a potential tax hit, according to the filing.The […]
McNees Wallace & Nurick has launched HR Influenced, a subsidiary that will offer HR consulting services under the umbrella of the Harrisburg-based law firm, which also houses a labor and employment legal practice.The new venture is headed by Kristen Evans, an experienced HR executive.Her career includes stints at York-based PACE Resources, Cintas, Harrisburg-based developer Triple […]
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 […]
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 […]
The Covid-19 pandemic has fueled a range of legal battles in Pennsylvania. Those battles are now the subject of a seminar at Widener University Commonwealth Law School.
A popular Lancaster County attraction has joined a growing throng of companies taking a federal agency to court after being denied grants designed to help live-event venues survive the Covid-19 pandemic.
The Pennsylvania Builders Association doesn’t oppose standards that ensure buildings are accessible to people with disabilities. It opposes the most-recent revision process, which could raise construction costs for multifamily buildings going forward,
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 of the […]
Jabron Taylor wanted to tempt local taste buds with something new. Inspired by the 2019 chicken war between Popeyes and Chick-fil-A, Taylor settled on a recipe based on the Nashville hot chicken sandwich, the signature dish of America’s country music capital but a rarity in Central Pennsylvania.Since November 2019, he and several partners have launched […]
Editor’s note: This story first appeared in the April 22 issue of BizNewsPAWhat do a pizzeria, a dental practice and a bridal shop have in common? They are among the plaintiffs in a string of class-action lawsuits seeking to force insurers to reimburse businesses for income lost during the Covid-19 pandemic, according to a joint press […]
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 […]
Burkentine Builders is gearing up to finish a mixed-use project that will bring another brewery to southern York County.The Hanover-based builder held a topping-off ceremony April 25 for the roughly $5 million project, which is bringing two buildings totaling 10,000 square feet of commercial space and 20 apartments to the borough of New Freedom.Construction is […]
State officials on Friday unveiled more than $50 million in grants earmarked for projects around Central Pennsylvania, including a life sciences incubator in Lancaster, a hotel renovation on the West Shore and a park along the Codorus Creek in York.Other beneficiaries include Rock Lititz and the partnership developing a mixed-use apartment building near the new […]
Doceo, a York-based technology services company, plans to move its headquarters this fall to a former Ruby Tuesday restaurant in York Township.The 6,000 square-foot space is larger than the 4,300 square feet the company currently rents in a multi-tenant building at 1499 S. Queen St. in Spring Garden Township, according to spokesperson Maya Miller. It […]
A new developer is getting a crack at bringing life to a former industrial tract in York. At a meeting last week, the Redevelopment Authority of the City of York awarded a six-month option on a 4.4-acre site in the Northwest Triangle to Statewide Partners, a regional firm with offices in Harrisburg and York. Preliminary sketches from Statewide show […]
A buyer has finalized the $10.01 million purchase of the Ronald Reagan Federal Building in downtown Harrisburg.However, the buyer’s identity remains a mystery.A deed filed with Dauphin County lists the buyer as R.R.F. Building LLC,which has a tax billing address at a law firm in South Carolina.Efforts to reach the law firm, De Bruin Law, were not successful.The LLC […]
The warehouse project is still a long way from approval. But concepts floated by Missouri-based NorthPoint Development show roughly 1.5 million to 2 million square feet of warehouse space in multiple buildings, according to Tim James, manager of Manchester Township, where the project is being considered.
Bidding is scheduled to open Jan. 31 in an auction for the 129-room Comfort Inn & Suites York, which is off Interstate 83 at 2250 N. George St. in Manchester Township.
Seeded by a $1 million donation from grocery chain The Giant Co., Harrisburg University is hoping to plant a new center for agricultural research in the capital city.
The past year in Central Pennsylvania real estate was punctuated by some high-profile deals, as well as a torrid market for warehouses and other industrial properties. Here’s a look at what transpired in 2021.
A New York investment firm paid $24.4 million for a roughly 255,000 square-foot warehouse in Hampden Township, Cumberland County, continuing a string of multimillion-dollar deals for area warehouses.The property, acquired by Brickman, is fully leased, according to real estate firm JLL Capital Markets, which marketed the building at 301 Railroad Ave.The seller was a subsidiary of a real […]
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