As it wrestles with debt, Spring Grove-based Pixelle Specialty Solutions sold off one of its business units and is closing a plant in northern Ohio,
A large industrial property in Lancaster is on the market amid indications that its owner, an Illinois-based packaging company, is pulling out. The 243,500-square-foot warehouse and factory complex at 303 N. Plum St. is listed for sale on real estate website LoopNet, albeit without an asking price. The property is owned by J.L. Clark, a […]
The Conrad Company, an industrial services holding company based in Springettsbury Township, York County, sold a majority stake to Incline Equity Partners, a Pittsburgh-based private equity firm. Terms of the deal were not disclosed. Conrad was formed in January 2022 as a holding company for Penn-Air & Hydraulics Corp. and businesses that Penn-Air acquired over […]
In 1998, Kanson Electronics Inc. moved from the Dover area to a recently shuttered clothing factory in Hohenwald, Tennessee, where town leaders were anxious to replace the plant’s lost manufacturing work. Nearly three decades later, company owner Arthur Filson Jr. is preparing to bring Kanson’s footprint back to York County. The manufacturer paid $275,000 for a […]
A Lancaster defense business with its origins in World War II is under new ownership. The business is Ampwave Defense, formerly known as Photonis Defense. The business was spun out last year by its former parent company, Exosens, a French defense contractor formerly known as Photonis Group. Ampwave’s new ownership is affiliated with a Los Angeles-based family investment firm […]
A defense contractor with two plants in the York area has added a third. San Diego-based Kratos Defense & Security Solutions said yesterday it opened a 167,000-square-foot factory on the former York International campus at 631 S. Richland Ave. in Spring Garden Township. Kratos did not disclose its total investment in the plant, which will support the company’s […]
When John Weinlader was learning to swing a golf club, simulators generated plenty of information that helped him hone his approach and figure out if he was making progress. Tennis, not so much. “I had no way of knowing if I was improving,” Weinlader said. After he and his brother sold their two Lancaster-area companies […]
The hunger for cooling products is heating up, and a Lancaster-based specialty manufacturer is vying to meet the need. Advanced Cooling Technologies plans to add 50,000 square feet of space to support high-volume production of cold plates used in liquid cooling, a newer technology rapidly being adopted by data center developers. The expansion is the first […]
After several would-be buyers took a pass on their manufacturing business, Tim Horning and Greg Kimble found an option that appealed to them far more than closing up and walking away from the company they built over a quarter century. Horning and Kimble decided to sell Signature Vacuum Furnaces to its roughly 15 employees. “It just seemed […]
Flooring manufacturer AHF Products plans to cease production of sheet vinyl at its plant in Lancaster effective June 28 Based in West Hempfield Township, Lancaster County, AHF will continue operating the Lancaster plant but shift focus to its other chief product, luxury vinyl tile, which is in greater demand. A company spokesperson did not disclose how many […]