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Category: Manufacturing

Entrepreneurship

Lancaster manufacturer stakes growth on acquisitions, innovations in outdoor gear

When Tom “Dutch” Ressler strung up his first hammock during a through-hike on the Appalachian Trail in 2003, the equipment he carried was not always optimal.“Staying dry was a challenge,” he said.So, when he returned home to Lancaster, Ressler started fashioning his own gear.The DIY adventure led him to launch his own business, which has […]

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Manufacturing

Family-owned container manufacturer bought by industry giant

Klinge Corp., a York-area company making specialized shipping containers, has been sold.The buyer is Trane Technologies, an Ireland-based company that makes HVAC and refrigeration systems, and its transportation-focused subsidiary, Thermo King.Terms of the transaction, which closed Aug. 1, were not disclosed.In a statement, Thermo King Americas president Adam Wittwer described the acquisition as “a natural extension” of […]

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Manufacturing

Utz CEO: Hoping ‘to get a whole lot bigger’

When Utz Brands Inc. announced in fall 2023 that it was closing one of its plants in Hanover, executives were prepared to answer questions about how many people worked there, what would happen to them, where production was moving and when.They did not expect as many questions about the fate of the company store tucked […]

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Manufacturing

Lanco magnet manufacturer scooped up

Over the last decade, revenue doubled for Electron Energy Corp., a specialty magnet manufacturer in East Hempfield Township, Lancaster County.But if it wanted to keep growing, the company realized that it needed a partner, said Scott Murr, the company’s vice president of revenue operations.That partner, announced yesterday, is Magnetic Holdings LLC, which has taken a majority stake […]

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Manufacturing

Former cabinet plant sold for $3.3M

A growing metal fabrication company in York County has purchased the former Wayneco Cabinetry plant, which has been idle since the cabinetry business shut down this spring.BMB Holdings LLC paid $3.3 million for the 81,000 square-foot facility, which is at 800 Hanover Road in Jackson Township, west of York city.The new facility is roughly three times the size […]

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Food

Union eyes strike amid contract talks with Hanover Foods

Union members voted overwhelmingly in favor of a strike at Hanover Foods if they cannot agree on a new contract with the Hanover-based company by the end of this month, according to Wendell Young, president of United Food and Commercial Workers Local 1776.The most recent labor contract expired at the end of 2023, said Young, whose union represents […]

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Government

York-area manufacturer resolves harassment claims

York County manufacturer AMZ Manufacturing has struck a deal settling federal allegations that it failed to take adequate action after two women complained about sexual harassment at one of its plants.The charges, filed last year, alleged violations of Title VII, the federal law barring discrimination based on race, color, sex, national origin or religion.According to the original charges, […]

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Manufacturing

Ratings agency warns on Spring Grove manufacturer

Spring Grove-based paper maker Pixelle Specialty Solutions recently unveiled steps to bolster its finances. But they do not appear to be enough to satisfy a ratings agency concerned about the company’s liquidity.S&P Global initially downgraded the company following the refinancing.The agency then restored the original rating but added a negative outlook, warning that “continued operational weakness could pressure Pixelle’s cash […]

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Manufacturing

Spring Grove paper maker shores up finances

Pixelle Specialty Solutions, a specialty paper maker based in Spring Grove, said June 12 it landed “significant new funding” that positions it for future growth. The financing includes amended credit facilities and an infusion of new capital from the company’s private equity backer, H.I.G. Capital. “With this new support, we are well-positioned to take advantage of several […]

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