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Youth-soccer franchisor adds outside investor

The founders of Middletown-based Soccer Shots are hoping an outside investor can help kick their company into new territory The investor is Susquehanna Private Capital. The Bala Cynwyd-based private equity firm has taken an undisclosed ownership stake in Soccer Shots, whose franchisees provide soccer programs for children ages 2 to 8. Terms of the transaction were not disclosed. […]

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Renaissance Faire sues SBA over grant denial

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.

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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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Lancaster bank plans mobile branches in upper Dauphin

Bank of Bird-in-Hand is seeking permission from state regulators to bring one of its mobile branches – dubbed Gelt buses – into upper Dauphin County. The buses are designed to serve the Amish and other members of the Plain community.

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Following acquisitions, York-area firm forms holding company

The Conrad Co. is the name of a new holding company unveiled this year by Penn-Air & Hydraulics Corp., a growing manufacturing services company based in Springettsbury Township, York County. The holding company encompasses PennAir, a company acquired by PennAir in 2019 and three other companies acquired since then, according to Seth Bray, the CEO of PennAir and […]

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Lawsuit challenges revised PA building standards

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,

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Regional grocer grabs supply chain by the horns

For centuries, farmers planted seeds and fed animals – and then hoped they would find a market when their produce and livestock were ready to sell. Agribusiness entrepreneur Larisa Miller has been pitching a different model – and she found her first taker in Karns Foods, the Cumberland County-based grocery store chain.

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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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State lawsuit over PCBs advances

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 […]

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Armstrong Flooring mulls sale amid debt, supply chain challenges

Armstrong Flooring, one of Central Pennsylvania’s largest manufacturers and a long-time staple in the Lancaster economy, said late Friday it is considering a sale or other strategic alternative. Company leaders had been working to set Armstrong Flooring on a more profitable path, which included cutting down on its product portfolio and moving to a new, smaller headquarters in […]

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The ups, downs and continuing sagas of 2021

Like their peers around the U.S., local businesses were battered in 2021 by inflation, labor shortages and supply chain glitches – not to mention the persistent challenge of navigating Covid-19. But there also were ups and downs unique to Central Pennsylvania. Like what: On the upside, a new hospital opened — and another is on […]

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A look back at M&A in Central PA

The past year has been a busy one for mergers and acquisitions in Central Pennsylvania. Take a closer look at the action in this month-by-month recap for 2021. Unless otherwise indicated, the deal terms were not disclosed. January: U-GRO Learning Centres, a Derry Township-based preschool chain, was purchased by Michigan-based Learning Care Group, one of […]

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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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WellSpan seeks to make inroads with virtual primary care

In fall 2019, a pair of doctors from WellSpan Health set up a table at an insurance enrollment fair for the health system’s employees. Their goal was to recruit the first customers for a new online primary care practice. It took a bit of explaining even to an audience familiar with the ins and outs […]

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Law firm program gives Black entrepreneurs a legal leg up

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 […]

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A $195M wish list for Central Pennsylvania

Every year, developers and local officials around Pennsylvania ask for funding from a state program called the Redevelopment Assistance Capital Program, or RACP. Last year, projects in Cumberland, Dauphin, Lancaster, Lebanon and York counties took home more than $39 million. But grants are not guaranteed. The program is competitive and many projects walk away empty-handed. […]

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A return to not-quite normal

As people trickle back into the workplace around Central Pennsylvania, it may feel like a return to normal. But the feeling could be deceptive. The return to the workplace is a change. And while the change is welcome, people still need time to adjust. “It’s not like you can just pick up where you left […]

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Lancaster firm pitches high-tech approach to tracking Covid-19 risk

Contact tracing is turning into a mess rather than an effective tool to stop Covid-19. People aren’t cooperating, contact tracers are becoming overwhelmed and the virus continues to spread at a record rate. “It’s almost like we’re at a dead end with that approach,” said Victor Owuor, chief product officer at Lancaster-based investment firm Aspire […]

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entrepreneurship

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Youth-soccer franchisor adds outside investor

Renaissance Faire sues SBA over grant denial

Giant, Harrisburg U team up on new ag research center

Lancaster bank plans mobile branches in upper Dauphin

Following acquisitions, York-area firm forms holding company

Lawsuit challenges revised PA building standards

Regional grocer grabs supply chain by the horns

The region’s top real estate deals of 2021

State lawsuit over PCBs advances

Armstrong Flooring mulls sale amid debt, supply chain challenges

The ups, downs and continuing sagas of 2021

A look back at M&A in Central PA

Firm snaps up West Shore warehouse

WellSpan seeks to make inroads with virtual primary care

Law firm program gives Black entrepreneurs a legal leg up

A $195M wish list for Central Pennsylvania

A return to not-quite normal

Lancaster firm pitches high-tech approach to tracking Covid-19 risk

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

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