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Murphy McCormack Capital Advisors

Matthew Reber has been named a managing director at Murphy McCormack Capital Advisors, an M&A advisory firm based in Lewisburg. Reber will provide sell-side, buy-side, valuation and debt advisory services. The firm’s clients include middle-market companies, private equity groups, family offices and independent sponsors. Reber has a bachelor’s degree in finance from Susquehanna University. He worked […]

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West Shore engineering firm sold

Socotec, a French engineering firm with operations around the world, has acquired American Engineers Group, based in Upper Allen Township, Cumberland County. Founded in 2010 by Vijay Gupta, American Engineers employs about 60 people at four offices in Pennsylvania and Maryland. Following the sale, Gupta has joined the Socotec leadership team, according to a Socotec spokesperson. […]

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Warehaus

Courtney Weaver has been named CFO of Warehaus, a York-based architecture, design and engineering firm. She succeeds Tim Workinger, who left in January to become CFO of York developer Inch & Co. Weaver has more than a decade of financial leadership experience. She worked most recently as controller for Lancaster-based CH+N Site Construction. “Her experience working alongside […]

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Production boost planned at York-area snack plant

Say hello to Hello Panda. Snack manufacturer Meiji America plans to invest $65 million into its York-area Stauffer’s plant in an effort to boost production of Hello Panda cookies, one of the company’s signature products. Meiji America currently feeds U.S. demand for the cookies from a West Coast plant. But the company wants to bring production capacity to the […]

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Lancaster firm sells stake to investment giant

One of the largest investment firms in the U.S. is buying into a Lancaster County company at the leading edge of trends in energy efficiency. New York-based Blackstone is planning to acquire a majority stake in Advanced Cooling Technologies Inc., whose portfolio includes products that help keep data centers from overheating. Terms of the transaction were not disclosed, […]

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Company to up yogurt processing at Shippensburg plant

A global dairy processor plans to pour nearly $133 million into expansion of a plant in western Cumberland County. Green Bay, Wisconsin-based Schreiber Foods aims to boost yogurt processing at the Shippensburg plant and add at least 47 jobs, according to the Shapiro administration, which is backing the project with a $1 million grant. State […]

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York-area food distributor sold

Reisinger Poultry Inc., a Dallastown-based distributor of poultry, meat and other food service products and supplies, has been acquired by Affiance Partners, a family office representing the Stillman family of Central Pennsylvania. Terms of the transaction were not disclosed Founded in 1950, Reisinger had been owned by Sherry and Frank Kraft since the 1990s, according to […]

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Assets

Maian McCauley has been named CEO of Assets, a Lancaster-based economic development nonprofit. She succeeds Jaime Arroyo, who was elected mayor of Lancaster last fall and took office in January. Andres Zorrilla, Assets’ administration director, had filled in as interim CEO. A Lancaster native, McCauley has more than 14 years of experience in financial services and […]

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Prominent Harrisburg law firm relocating to West Shore

For nearly six decades, McNees Wallace & Nurick has occupied a prime piece of Harrisburg real estate — a nine-story office building overlooking the Susquehanna River. But sometime in 2027, the law firm expects to cross the river into somewhat smaller digs in East Pennsboro Township, Cumberland County. McNees has inked a 20-year lease for a roughly […]

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Geisinger Health Plan

Jeremy Gaskill has been named president of Geisinger Health Plan effective Feb. 23. He succeeds Karen Murphy, who had led the Danville-based insurer since March 2025 after working in other leadership roles at Geisinger. Gaskill joins Geisinger after nearly two decades at health insurer Humana, where he worked most recently as a regional president overseeing nine […]

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Local warehouses sold as part of multistate $575M deal

Warehouses in Cumberland and Franklin counties are changing hands as part of a larger $575 million deal involving a string of 25 warehouses stretching from Connecticut to Florida. The buyer is Radnor-based EQT Real Estate, an active player in the regional market for warehouse space. The seller is Mapletree Investments, a Singapore-based real estate investment firm managing […]

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Saxton & Stump establishes new AI role within the firm

As more organizations explore the practical implementation of machine learning and artificial intelligence models to solve real-world business problems, law firms are taking note. Phil Saunders, the CEO of Relativity, a legal data intelligence company, noted in an interview with Law360 that, “AI has become a defining part of how legal tasks get done.” Regional […]

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Rock Lititz lands corporate HQ for Nashville campus

Rock Lititz’s Nashville business has snagged an audio equipment manufacturer as the latest tenant for its Rock Nashville campus. Sennheiser, based in Germany, has tapped the Tennessee campus as the site of its Americas headquarters, which is currently in Old Lyme, Connecticut. The move, representing an investment of $2.5 million, will add at least 25 jobs to […]

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Bank leases new loan office

Presence Bank, a division of Wayne Bank, bank is relocating its capital-area loan office to a leased 2,260-square-foot space at 395 St. John’s Church Road in Hampden Township. The property is owned by Med Comm Properties LLC. The transaction was facilitated by Jessica Gasper and Art Campbell of Lemoyne-based Campbell Commercial Partners. The background: Honesdale-based Wayne Bank acquired Coatesville-based […]

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State funds expand school-to-work programs

The Pennsylvania Department of Labor & Industry is awarding grants of more than $4.1 million to support 17 projects that help students graduate with a clear career path. The grant dollars support partnerships among school districts, career and technical centers, employers, workforce boards and training providers. Regionally, grants were awarded to: Harrisburg Area School District ($250,000) – to […]

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Select Medical co-founder leads consortium in $3.9 billion buyout

Mechanicsburg-based rehab giant Select Medical Corp is going private in a buyout deal valued at $3.9 billion. The buyer is a consortium led by Select Medical co-founder and executive chairman Robert Ortenzio; Martin F. Jackson, Select Medical’s senior executive vice president of strategic finance and operations; and private equity firm Welsh Carson Anderson & Stowe. The buyout prices outstanding shares […]

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Pennsylvania gets a slice of $100M Walmart settlement

Walmart has reached a $100 million settlement in a multistate complaint over compensation for delivery drivers in its eight-year-old Spark Driver Program. Pennsylvania Attorney General Dave Sunday was part of a bipartisan group of attorneys general and the Federal Trade Commission that pressed the complaint, according to a press release. The settlement, filed on Feb 26, resolved allegations […]

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York-based community theater restructuring

Lyn Bergdoll, executive director of Creative York, will step up to lead The Belmont Theatre as the two nonprofit organizations enter into a managerial and administrative agreement to be run by Creative York. “We are excited about the opportunities this collaboration will have for both organizations,” shares Bergdoll. “Creative York artists have an opportunity to […]

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Regional projects land $50M-plus in state funds

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 […]

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Deal closes on Reagan building

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 […]

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As tax credits grow, so does the waitlist

A growing number of companies cannot take advantage of one of Pennsylvania’s most popular tax-credit programs.

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Legal

Court voids price guide for workers’ comp drugs

A state court has shelved the Red Book, a compendium of wholesale drug prices that state officials routinely use to settle disputes over drug costs in Pennsylvania’s worker’s comp program. In a ruling this week, Commonwealth Court disqualified use of the book after an insurer challenged it, claiming the book’s listed prices were not accurate. […]

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UPMC sued for allegedly misclassifying workers

UPMC is facing a class-action lawsuit filed by a respiratory therapist who claims she was misclassified as an independent contractor when she worked at the health system’s Harrisburg hospital in 2022. The suit, filed last week in an Allegheny County court, claims the therapist should have been classified as an employee and paid overtime when she […]

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New CEO, new partners for area law firms

Local law firms are starting the new year with new attorneys in their top ranks. And one even has a new CEO. That would be Lancaster-based Barley Snyder, which elected Jennifer Craighead Carey as managing partner and CEO for a two-year term starting in 2024. She succeeds Jeff Lobach, who had led the firm for a […]

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Inch appeals decision that nixed industrial development

An affiliate of real estate developer Inch & Co. is challenging a decision that reversed the zoning on a parcel of land it owns near Route 30 and Pennsylvania Avenue in Manchester Township, York County. Township officials rezoned the property in 2021 for industrial development. But after fierce public outcry and a challenge from the owner […]

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Court voids PA carbon-emission rules

A state court has tossed aside regulations that would have enrolled Pennsylvania in a multistate carbon-cutting program, regulations that were a climate-change priority for the former administration of Gov. Tom Wolf. At issue was whether the heart of the program — a market in which companies must buy credits to emit carbon — represented a fee […]

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Court sides with solar firm in zoning battle

Gratz borough in Dauphin County failed to properly advertise a meeting where it set stricter zoning standards for solar energy systems even as a company was seeking permission to build a 17-megawatt project there. That was the ruling last week from a three-judge panel of Pennsylvania’s Commonwealth Court, which upheld a 2022 decision by Dauphin […]

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Developer loses appeal over denial of mixed-use project

A Lancaster County developer has lost its bid to overturn a zoning decision blocking a mixed-use development in Manheim Township. In a ruling this week, a county judge upheld the township’s denial of plans for Oregon Village, a proposed development that would bring housing, offices, shops and a hotel to a nearly 76-acre tract that […]

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Defamation claim raised in suit over fraud loss

Mid Penn Bank is firing back at claims it did not adequately protect a nonprofit from fraud. In a legal filing this month, the Harrisburg-based bank alleges that the Center for Independent Living of Central Pennsylvania harmed the bank’s reputation in a press release issued in February announcing a lawsuit against the bank. In the press release, the center claimed […]

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Court OKs settlement in data breach

A federal court has approved a settlement in a data-breach lawsuit brought against Fulton Bank. Under the agreement, the Lancaster-based bank will pay $750,000 to set up a fund to compensate victims of the breach, which hit a Fulton Bank vendor rather than the bank itself. The bank is not admitting any liability for the breach, […]

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October sale sought for beleaguered Harrisburg apartments

The bankrupt owners of an uptown Harrisburg apartment complex want to hire a firm that specializes in real estate liquidation to sell the property in an auction. In a motion filed in bankruptcy court, apartment owners Uptown Partners LP are seeking court approval to hire Hilco Real Estate LLC to oversee a sale of the complex, known as Governor’s Square. […]

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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 […]

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Suit aims to stop Centric merger

A shareholder of Centric Financial is seeking to block the Harrisburg-area bank’s planned merger into a western Pennsylvania bank. In a class-action lawsuit filed this month in Cumberland County court, shareholder Charles Reinhardt claims the $144 million deal undervalues Centric, which is based in Lower Paxton Township, Dauphin County. The lawsuit also takes aim at other terms of […]

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Court ruling could prompt millions in corporate tax refunds

Thanks to a recent court ruling, the commonwealth of Pennsylvania could be on the hook for more than $100 million in tax refunds to businesses. The ruling came in a case that arose over provisions outlining how companies can use past losses to lower their tax bills. Some corporate taxpayers have claimed, successfully, that provisions […]

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Court rules local stormwater fee is a tax

West Chester University and the Pennsylvania State System of Higher Education do not have to pay an annual six-figure stormwater fee imposed by West Chester Borough. Why? Because Pennsylvania’s Commonwealth Court ruled yesterday that the fee is a tax — and state entities don’t have to pay taxes. In a lawsuit filed in 2018, the borough argued that the assessments […]

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York law firms link up

Three York-based law firms are becoming one in a merger slated to close Oct. 1. The firms are Blakey Yost Bupp & Rausch; Griest Himes Herrold Reynosa; and MPL Law Firm. “We all have great respect for each other and we have always worked well together even when on opposing sides,” said James Sanders, an attorney at MPL. “We decided […]

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Online retailers win sales-tax fight

A state court has sided with online retailers who say they are being unfairly targeted by Pennsylvania tax collectors. In a ruling Friday, Commonwealth Court blocked efforts by the Pennsylvania Department of Revenue to collect state sales and personal income taxes from the retailers, which sell their products through Amazon.At issue are back taxes the state […]

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State ends appeal in medical cannabis recall

State health officials have dropped a legal action seeking to reinstate their controversial recall of medical marijuana vapes. The move before the state Supreme Court doesn’t end the legal fight. It simply means the Department of Health is no longer appealing a lower-court ruling that put the recall on holdNonetheless, it was welcomed by the medical […]

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Banks seek more time, info on Welkowitz deal

Local banks are telling a Lancaster County court that they need more time and information to assess a deal that would settle debts from the estate of the late developer Richard Welkowitz. The estate has proposed selling off its stake in ventures that own more than 5,000 ATMs for $13.8 million to a Lancaster-based private equity firm, Heller […]

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Marketing

Real Estate

York taps new developer for vacant industrial tract

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 […]

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Deal closes on Reagan building

A buyer has finalized the $10.01 million purchase of the Ronald Reagan Federal Building in downtown Harrisburg. However, the buyer’s

Another massive warehouse complex eyed for I-83 corridor

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.

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Auction slated for York County hotel

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.

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Giant, Harrisburg U team up on new ag research center

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.

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The region’s top real estate deals of 2021

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.

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Firm snaps up West Shore warehouse

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 […]

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