Pennsylvania’s small businesses are in line for a capital infusion of nearly $268 million under a program announced July 18 by the Wolf Administration The
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 […]
Pennsylvania’s statewide business chamber has tapped a local banking executive as its next leader. Luke Bernstein, an executive at Shippensburg-based Orrstown Financial Services, is poised to become the next president and CEO of the Pennsylvania Chamber of Business and Industry. As of June 15, he will be taking over for Gene Barr, who announced his retirement last fall after […]
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 […]
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 […]
A growing number of companies cannot take advantage of one of Pennsylvania’s most popular tax-credit programs.