A court hearing on the bankruptcy sale of Governor’s Square apartment complex in uptown Harrisburg had been scheduled for Feb. 29. However, it has been
The Hershey Co. plans to shed jobs this year as it battles higher cocoa prices and sluggish sales.The cuts will amount to less than 5% of the company’s roughly 20,000 workers worldwide, according to a Hershey spokesperson. “We do not expect significant disruption or impact to our employee base,” the spokesperson said, declining to detail […]
Mechanicsburg-based Select Medical Holdings Corp. is preparing to spin off its occupational health services division, which does business as Concentra. Select Medical’s board approved the spin-off this week and expects the deal to close in late 2024.Select Medical shareholders would receive stock in Concentra in amounts yet to be determined but in a transaction that is expected to […]
The new year is poised to bring new digs to two local companies. Reynolds Restoration Services bought a flex property in suburban Harrisburg for its new headquarters. York County-based construction firm Wagman also has purchased a building for a new HQ, a property in Manchester Township, York County. Both companies said they are outgrowing their current spaces. Starting with: […]
The High family is presenting a second major gift to their family foundation. The family’s ownership of Lancaster County-based High Real Estate Group is being transferred to High Foundation, the foundation announced on Dec. 20. The year-end gift follows the donation last year of High Industries, which was valued at nearly $115.2 million. The value of the real estate company was not disclosed but […]
A Maryland developer has revealed its vision for what will replace the Harrisburg Mall, a longtime suburban destination destined for the wrecking ball. Baltimore-based St. John Properties is proposing a roughly 550,000 square-foot development — dubbed Swatara Exchange — that includes a mix of retail and commercial buildings, with a smidgen of office space. While the plan calls for […]
A state court has tossed aside regulations that would have enrolled Pennsylvania in a multistate carbon-cutting program, regulations that were a climate-change priority for the former administration of Gov. Tom Wolf.At issue was whether the heart of the program — a market in which companies must buy credits to emit carbon — represented a fee or […]
A Harrisburg-area financial advisory has joined the wave of consolidation washing over the industry.Comprehensive Financial Associates, based in Susquehanna Township, has been acquired by insurance and benefits brokerage AssuredPartners, according to a press release from Wise Rhino Group, the M&A firm that advised Comprehensive Financial. Terms of the transaction were not disclosed. But it also includes an […]
McNees Wallace & Nurick has picked 10 small, Black-owned businesses to receive free legal services in the third annual installment of the Harrisburg-based law firm’s program to overcome barriers to business growth and success.The small businesses, introduced last week at a reception at the King Mansion in Harrisburg, hail from across Central Pennsylvania, as well as […]
The challenges for childcare providers have not eased since the pandemic. If anything, they have grown steeper, as providers struggle to retain and attract workers at a time of rising wages.But if business leaders have learned anything over the last few years, it is that working parents need access to quality childcare if they hope […]
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