York County manufacturer Campbell Chain & Fittings has been acquired by Hillman Solutions Corp., a Cincinnati-based company looking to expand its industrial and commercial chain business. Campbell had
Three businesses in Central Pennsylvania are installing solar systems thanks to grants from a state program designed to cut carbon emissions from factories and other industrial concerns. The grants are some of the first authorized under the program, dubbed Reducing Industrial Sector Emissions in Pennsylvania, or RISE PA. Engle Printing & Publishing Co. Inc. is receiving $493,114 […]
Say hello to Hello Panda. Snack manufacturer Meiji America plans to invest $65 million into its York-area Stauffer’s plant in an effort to boost production of Hello Panda cookies, one of the company’s signature products. Meiji America currently feeds U.S. demand for the cookies from a West Coast plant. But the company wants to bring production capacity to the […]
One of the largest investment firms in the U.S. is buying into a Lancaster County company at the leading edge of trends in energy efficiency. New York-based Blackstone is planning to acquire a majority stake in Advanced Cooling Technologies Inc., whose portfolio includes products that help keep data centers from overheating. Terms of the transaction were not disclosed, […]
A global dairy processor plans to pour nearly $133 million into expansion of a plant in western Cumberland County. Green Bay, Wisconsin-based Schreiber Foods aims to boost yogurt processing at the Shippensburg plant and add at least 47 jobs, according to the Shapiro administration, which is backing the project with a $1 million grant. State […]
The Pennsylvania Department of Labor & Industry is awarding grants of more than $4.1 million to support 17 projects that help students graduate with a clear career path. The grant dollars support partnerships among school districts, career and technical centers, employers, workforce boards and training providers. Regionally, grants were awarded to: Harrisburg Area School District ($250,000) – to […]
Building products manufacturer Armstrong World Industries Inc. said yesterday that it acquired a Chicago-based company called Eventscape Inc., which specializes in designing, making and installing complex architectural features. Terms of the transaction — which continues a multiyear string of deals for Armstrong — were not disclosed. Based in Toronto and New York City, Eventscape employs 150 […]
Executives at Cleveland-Cliffs said this week they have buyers for some of their idled plants, a group of assets that includes a massive factory in Steelton. On a conference call with stock analysts, company execs said they expect to generate $425 million from selling the idle plants — and that the Ohio-based steelmaker already closed on one deal […]
When Brian Greenplate acquired Precision Cut Industries Inc. in 2004 the company had 25 employees and annual revenue of about $3 million Yearly sales for the contract metal fabricator have grown to about $50 million, and they are expected to jump again this year thanks to demand from customers in energy, commercial construction and data centers, […]
A federal bankruptcy judge signed off last week on the bankruptcy sale of SpiriTrust Lutheran, a York-based nonprofit that operates senior living communities and apartments in three counties. Under the deal approved in court, Butler County-based Concordia Lutheran Ministries is paying $51 million for SpiriTrust assets and assuming roughly $7 million in debt tied to three affordable apartment […]