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Category: Economy

Economy

York venture fund adds to portfolio

A York-based venture fund has added to its portfolio of regional startups as it aims to bolster entrepreneurship in Central Pennsylvania.Founded in 2020, White Rose Ventures disclosed an inaugural round of investments in four companies earlier this year.At the end of last week, it unveiled investments of nearly $1.3 million in three more startups.Which are: ReturnLogic, Evermind and TEAMology.Based in Carlisle, ReturnLogic is a software firm […]

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Economy

Budget delivers big win, some misses for business

State lawmakers last week delivered a tax cut long sought by Pennsylvania’s business community. But in adopting a $45.2 billion budget on July 8 for the current fiscal year, they left out other sought-after provisions.The headline news is the immediate cut and subsequent phase-down of the state’s corporate net income tax, which had been 9.99%The […]

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Economy

Podcast: Pain at the pump

You don’t need a headline to tell you that fuel prices are high. But you can listen in to the latest edition of the York County Economic Alliance podcast produced in partnership with biznewsPA. Richard Farr, executive director of rabbittransit, describes how of one of Central Pennsylvania’s largest public transit providers is adapting. Mark Wisniewski, […]

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Economy

Podcast: Business leaders talk early childhood education

Listen in as a panel of experts discusses the importance of quality, affordable and accessible childcare in the region: Tony Campisi, chairman of Glatfelter Insurance Group; Andrea Heberlein, executive director of the Pennsylvania Early Learning Investment Commission; Jim Hoehn, regional president pf PNC Bank; and Heather Miller, chief education officer at the York Jewish Community […]

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Economy

York leaders revive grant program for early childhood ed

Business and childcare leaders in York County have raised more than $500,000 for a grant program designed to improve the quality of early childhood education in the county, replacing a state program that was cut during the pandemic.Leading the charge have been Anthony Campisi, chairman of York-based Glatfelter Insurance Group; Pete Brubaker, president of York-based […]

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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 of the […]

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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 the […]

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