One of the worlds’ largest recycled cardboard-box makers is planning to plow $500 million over the next decade into its Pennsylvania operations, which include a
A subsidiary of the Cumberland Area Economic Development Corp. is exploring an acquisition of a recently shuttered Carlisle factory.The subsidiary, called the Real Estate Collaborative LLC, has signed a letter of intent to buy the plant formerly operated by The Frog, Switch & Manufacturing Co. at 800 E. High St. in the Cumberland County borough. But first, the […]
Two capital-area factories are slated for closure as their parent company reconfigures its supply chain to boost profits in the face of slower sales and high U.S. overhead.New York-based Griffon Corp. said it plans to close Hampden Township and Harrisburg factories that make garden tools, wheelbarrows and other equipment for The AMES Companies, a Griffon subsidiary and longtime staple of […]
A supplier to the semiconductor industry is plowing $300 million into an expansion of its operations in Schuylkill County.The investment by supplier EMD Electronics includes construction of a 96,500 square-foot facility near Tamaqua, expanding the company’s production of specialty gases used in semiconductor and electronics production. The company’s investment is expected to create at least 68 jobs and […]
Citing a shrinking demand for catalogs and magazines — and rising costs for ink and paper — commercial printing giant LSC Communications is stopping the presses at its two plants in Lancaster County, laying off about 656 workersThe closure comes more than two years after LSC was rescued from bankruptcy by a Connecticut-based conglomerate called Atlas Holdings. Executives had […]
After steering one of the region’s largest private companies onto the public market, Utz Brands CEO Dylan Lissette is stepping into a new role.After 27 years with the Hanover-based snack maker, Lissette will become executive chairman of the company’s board on Dec.15.Utz’s new CEO will be Howard Friedman, currently COO of St. Louis-based Post Holdings, a consumer-packaged goods […]
As it gears up for a move to Philadelphia, Harsco has unloaded its longtime Wormleysburg headquarters this year for $4.3 million.However, the roughly 42,000 square-foot building will remain a corporate headquarters.A partnership that includes Lemoyne-based Rhodes Development Group bought the building and plans to move there, along with two of its operating divisions, according to Larry Kluger, president and CEO […]
Graham Engineering, a York-based equipment maker, has purchased a Berks County company with a complementary business.Graham Engineering makes machinery used in producing — or extruding — plastic parts ranging from car bumpers to catheters.Its new acquisition, Birdsboro-based Kennedy Tool & Die, specializes in making molds and tooling used in plastics-manufacturing processes called blow molding, rim molding […]
The bankruptcy case of Armstrong Flooring is nearing its end.U.S. Bankruptcy Judge Mary Walrath approved the sale yesterday of the company’s North American assets to Mountville-based flooring manufacturer AHF Products and Boston-based Gordon Brothers.An AHF spokesperson said yesterday the company hopes to close on the $107 million deal by next Friday, July 22.Then what: AHF will continue to operate […]
After disclosing buyers for some of its operations in North America, Armstrong Flooring has unveiled deals to sell its remaining businesses.In a news release July 11, the company identified buyers for its operations in Australia and China.Who: The Australian assets — including a factory in Braeside, Victoria — are going to a group of companies identified as the Cowes […]
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