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Business Journal Daily

Jun 20, 2014

CAEDC studying conversion to a traditional nonprofit

The Cumberland Area Economic Development Corp. board is studying a conversion to a traditional nonprofit corporation, CEO Jonathan Bowser said this morning.

Jun 20, 2014

Harrisburg-area home sales: May a mixed bag

May was a month of mixed results for the Harrisburg-area housing market.

Jun 19, 2014

PSERS on track to meet annual investment earnings goal

While the unfunded liabilities of the commonwealth's public-sector pension systems continue to rise, investment performance remains fairly strong.

Jun 19, 2014

TE Connectivity expanding position in sensor market with $1.7B deal

Switzerland-based TE Connectivity Ltd., which has engineering and administrative offices in the midstate, has entered into a definitive agreement to acquire Virginia-based Measurement Specialties Inc. for $86 per share in cash, or about $1.7 billion including net debt.

Jun 19, 2014

Rite Aid reports 55 percent Q1 income decline

Cumberland County-based drugstore chain Rite Aid Corp. reported a 55 percent drop today in first-quarter net income.

Jun 18, 2014

Gregory Shepard makes new offer to Donegal Group

Activist shareholder Gregory Shepard believes he has found a mutually beneficial solution to his long fight with the leadership at Lancaster County-based Donegal Group Inc.

Jun 18, 2014

Hampden Township awards $2.1 million road contract; work to start Monday

Hampden Township commissioners recently awarded a $2.1 million contract to Pennsy Supply for repairs to Orr's Bridge, Erb's Bridge and Skyport roads.

Jun 18, 2014

Pa. residents pay about $60 for Obamacare marketplace plans

After tax credits, Pennsylvania residents who enrolled in silver Obamacare marketplace plans paid an average premium of $60 a month, according to the U.S. Department of Health & Human Services.

Jun 18, 2014

YCEA forums to focus on workforce development

After a survey revealed York County employers believe workforce development is one of the biggest challenges and needs in the area, the York County Economic Alliance is setting up events to focus on the topic.

Jun 17, 2014

Commissioner Martin sets news conference on Lancaster convention center

Lancaster County Commissioner Scott F. Martin has scheduled a news conference on the Lancaster County Convention Center financing plan for 10:15 a.m. Wednesday.

Jun 17, 2014

Voith Hydro makes more parts for Ohio River hydroelectric projects

Parts manufactured in York County will be used in a hydroelectric project on the Ohio River.

Jun 17, 2014

Shippensburg school board votes down tax breaks for Georgia Pacific

The Shippensburg Area School District board of directors voted against a tax-relief package for Georgia Pacific, which seeks to build a new distribution facility outside the township.