Recent Articles from Ioannis Pashakis
Customers Bancorp acquires $631M venture loan portfolio
West Reading-based Customers Bancorp, through its principal subsidiary, Customers Bank, has acquired a $631 million venture banking loan portfolio from the Federal Deposit Insurance Corp. at approximately 85% of book value.
Santander Bank to lay off 77 workers in Reading
Santander Bank N.A. will lay off 77 employees at its facility at 450 Penn St., Reading - job losses it believes will be permanent.
Hershey to acquire two popcorn manufacturing plants
The Hershey Co. has agreed to buy two manufacturing plants from Weaver Popcorn Manufacturing, a co-manufacturer of Hershey's SkinnyPop brand, in Bethlehem and in Whitestown, Indiana.
Liberty Environmental, Pocono Mountains Association of Realtors and more name new hires
Other recent hires in the the Lehigh Valley include Altitude Marketing, KidsPeace Foundation and Communities In Schools of Eastern Pennsylvania.
Hollander Sleep & Décor to close Pottsville plant
Bedding Acquisition LLC, doing business as Hollander Sleep & Décor, will close its Pottsville plant this spring, permanently laying off 112 employees.
Bethlehem company switches cement toward goal of carbon neutrality
Bethlehem-based Buzzi Unicem USA, in keeping with its commitment to the environment and the Portland Cement Association's Roadmap to Carbon Neutrality by 2050, announces the full conversion from traditional cements to ASTM C595 Type IL (PLC) cement to improve its carbon dioxide footprint.
Lehigh Valley businesses name a series of new hires
Third Circuit Bar Association, Howard Hanna The Frederick Group and others announce new hires.
Hershey’s beer collaboration with Yuengling expands into Texas
A joint venture between D.G. Yuengling & Son Inc. and the Molson Coors Beverage Co., The Yuengling Co. announced Monday that its Yuengling Hershey’s Chocolate Porter will now be available in Texas.
COVID-era waivers expanding telehealth reimbursements set to end this year
Health care providers supercharged their telemedicine offerings as a result of the pandemic—however, how those providers will be reimbursed for virtual care moving forward is in question.
FYI: One Financial Services, Capital Blue Cross and Greater Reading Chamber Alliance
One Financial Services, Capital Blue Cross and Greater Reading Chamber Alliance receive honors.
Newsmakers: Barry Isett & Associates, Lehigh Carbon Community College and more.
Lehigh Valley businesses announced a slew of new hires.
West Shore Home announces NIL sponsorship with Penn State running back
Earlier this month, West Shore Home announced a multi-year endorsement deal with Penn State’s incoming freshman running back Nick Singleton.