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Regional businesses receive low-interest loans through PIDA
Several regional businesses received new low-interest loan approvals Wednesday through the Pennsylvania Industrial Development Authority (PIDA) to help with expansions and creating new full-time jobs.
Has technology changed the M&A process?
Business sellers and buyers have an easier time finding each other thanks to technology’s role in merger and acquisition digital deal-making. From online “data rooms” where documents are uploaded, read and electronically signed to wire transfer settlements, fund transfers and database prospecting matchmakers geared to coupling sellers with buyers, the digital realm saves time, resources [&he[...]
Penn State Health St. Joseph Spring Ridge opens after year of renovations
Penn State Health St. Joseph Spring Ridge is now open for patients after a year of renovations and expansions. The satellite location of the Reading-based Penn State Health St. Joseph hospital is at 2605 Keiser Blvd. in Wyomissing.
Health insurance industry expert: “The business model is broken.”
Our health insurance industry is in need of repair, according to experts, but there are things employers can do to help.
Sale of farmland could prompt industrial development in Forks Township
The recent sale of about 30 acres of farmland in Forks Township could prompt the development of a new warehouse or other type of industrial use on the land.
Boomer business exodus starting slow but steady, many still unprepared
Workforce experts have called it the Silver Tsunami. As baby boomers reach retirement age, a big hole is expected to open up in available, skilled workers.
Prologis acquires Liberty Property Trust for $12.6B
Liberty Property Trust, a major commercial real estate company in the region is now a part of Prologis Inc. of San Francisco.
Coronavirus expert to employers: Be proactive, don’t panic
Though fear of the Coronavirus is sweeping the country, Pennsylvania residents are more likely to catch the common flu, according to the state Department of Health. However, there are precautions that employers should be mindful of, according to experts.
Dorney Park ready for the challenge of hiring 3,000+ for upcoming season
Dorney Park and Wildwater Kingdom in South Whitehall Township said it is looking to hire more than 3,000 seasonal workers for this year.
Strong economy and low interest rates expected to bring a good year for mergers and acquisitions
This year is starting with even stronger economic indicators than 2019 and that has experts in mergers and acquisitions confident the industry is poised for sustained activity, despite some concerns about headwinds.
Healthy economy and retiring boomers should fuel manufacturers’ growth
The progress of innovation in manufacturing and the availability of investment capital have created an environment that’s primed for merger and acquisition activity in 2020.
Lancaster County’s Stoudt Brewery to close by spring
Lancaster County’s Stoudts Brewing Co., which served as one of the early pioneers in the microbrewery renaissance in the U.S., will cease operations in a few months.
