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Author Archives: Ana Mrdalj

Renovations are nearing completion for a 215,000-square-foot West Shore building previously occupied by Hewlett Packard

Renovations at a large West Shore building previously occupied by Hewlett Packard at 225 Grandview Ave. in East Pennsboro Township are nearing completion. Select Capital Commercial Properties, a Lower Allen Township company purchased the 215,000-square-foot building last year and the project is expected to be completed in the first quarter of 2020.

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Fitbit is pulling manufacturing out of China to avoid tariffs

In a rare move for a US tech company, Fitbit is pulling nearly all of its device manufacturing out of China amid a trade war between the world's two largest economies. The company announced Wednesday that "effectively all trackers and smartwatches" starting in January "will not be of Chinese origin" as a result of US tariffs.

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US producer prices post the biggest decline in eight months in September

U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, which could give the Federal Reserve room to cut interest rates again later this month. The weak producer inflation readings reported by the Labor Department on Tuesday came against the backdrop of a slowing economy amid trade tensions and cooling growth overseas. 

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Ask John Dame: Boundaries and expectations must be clear during acquisitions

Q: Our company made a major acquisition a year ago. The owner of the company we purchased stayed as president of his company. Additionally, he decided not to sell 100 percent of his company, and now has some ownership in the larger combined company and serves as a board member. He reports to me directly. The problem is that, over a year later, he is putting up roadblocks and fighting the integration process we agreed upon at the time of the purchase of his company. This is a big problem and is getting more costly by the minute. What can I do?

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