After about two years of planning, Inch & Co. held a ceremonial groundbreaking for a $35 million sports complex in North York, a facility expected to
A Harrisburg-area construction equipment dealership is extending its footprint southward through the acquisition of a company with offices in Maryland and Virginia.Stephenson Equipment Inc. said last week it purchased Valley Supply & Equipment, a business founded in 1982 by Howard Klein and last owned by his two sons, Adam and Brandon.Terms of the transaction were not […]
The grounds of the former Harrisburg State Hospital are heading for a makeover.The Pennsylvania Department of General Services yesterday unveiled plans to build a $450 million laboratory complex on the 30-acre property, which has been mostly vacant since 2006. The project includes a new $325 million, 300,000 square-foot joint lab to be shared among the […]
A New York City investor has acquired a former law office on North Front Street in Harrisburg and plans to convert the former mansion into an eight-unit apartment building to be called Front Street Lofts.The investor, a family office called Generational Wealth Organization that also has a presence in California, paid $633,000 for the building.It had been […]
Business owner Jared Mizrahi is planning a $5 million makeover of a mixed-use property in downtown Lancaster.He just needs to finalize the financing.A big piece came through last month in the form of a low-interest $1.4 million loan from the state’s Building Pennsylvania program, arranged by Lancaster-based EDC Finance.Mizrahi said he is hoping to close soon on […]
Engineering firm Gannett Fleming is roughly doubling in size thanks to a merger with a Kansas City, Missouri-based peer, TranSystems. Together, the two private equity-backed firms create a business with more than 5,000 employees and annual revenue of about $1.3 billion. Terms of the transaction were not disclosed.For Camp Hill-based Gannett, the deal continues a path of growth that […]
Messiah Lifeways is planning to build a new campus in northern York County, with a groundbreaking slated for October. The campus will occupy 85 acres of farmland tucked into a bend of the Yellow Breeches Creek in Fairview Township, about 10 minutes from Camp Hill.Based in Upper Allen Township, Cumberland County, Messiah paid $5.9 million last year […]
Developer Ben Sutton has been working for more than a year to bake new life into a former bakery plant in West York.This week, he secured a key ingredient: a low-interest state loan and accompanying grant totaling nearly $2.5 million in all.“It was the missing part,” Sutton said in an interview with biznewsPA. “Now, we […]
Inch & Co. Holdings, a York County construction and real estate development firm, has hired Mike Benshoof as its first-ever chief operations and financial officer. Benshoof, a construction industry veteran, was most recently president of Berks Homes, a regional home builder with offices in Mohnton, New Cumberland and State College.“We’re very, very happy to have him […]
Soon after founding West Shore Home nearly 20 years ago, B.J. Werzyn envisioned turning the home-remodeling business into a nationwide brand.It was not a vision that was readily embraced, given the company’s humble beginnings in an industry long dominated by local contractors.“When you’re one location here in Mechanicsburg, Pennsylvania, with 50 employees and you say, […]
Central PA’s Source for Business News Online.