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Recent Articles from Garry Lenton
Let’s be gentle out there: Surviving Christmas 2021 and contemplating 2022
I honestly did not think I’d successfully pull off Christmas. As the days wound down, I found my brain to be a pile of mush. I can be forgetful and disorganized as it is, but I was flat out forgetting where I’d stashed something I’d purchased just days before.
Hershey Co. reports Q3 net sales topping $2.3 billion
The Hershey Co. reported third-quarter consolidated net sales of $2.36 billion, an increase of 6.3% over the previous year. Its North America segment net sales were $2.13 billion of that, 5.5% more than the same period in 2020.
Franklin Financial Q3 earnings up 66% over 2020
Chambersburg-based Franklin Financial Services Corp., the bank holding company of F&M Trust, reported consolidated earnings of $5.9 million for the third quarter, up from $3.5 million a year ago.
Armstrong World reports nearly 20% sales gain in Q3
The jump from $246.3 million to $292.2 million accompanied an 8% increase in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization).
Traditions Bancorp reports YTD revenue gain, despite Q3 decline
Despite a 19% decline in third-quarter net income, York-based Traditions Bancorp Inc. reported a 7% year-to-date net income increase over the first nine months of 2021.
Homes sale prices up in York-Adams, but remain affordable
The residential real estate market in York and Adams counties is experiencing a busier than normal fall as home sales stay ahead of last year’s pace.
Lancaster’s Environmental Recovery bought by VLS Environmental Solutions
Headquartered in Houston, VLS is a national leader in waste management services, railcar cleaning, and barge cleaning and repair services, according to a release. The company purchased Environmental Recovery Corp. – which will operate within VLS Waste Services - from Rock Island Capital. Terms were undisclosed.
Is the office passé? Not in Central Pa., where vacancy rates are below the national average
How robust is the demand for office space in central Pennsylvania? Among developers and commercial real estate agents, perspectives vary, with some seeing strong activity across the board, while others point to uncertainty as businesses navigate the COVID-19 economy.
JBT Bankcorp earnings double in Q2
Jonestown-based JBT Bancorp Inc. reported that its second-quarter earnings jumped 128%, from $1.388 million to $3.158 million. That comes to $1.30 per share, up from $0.57 per share last year. Earnings were boosted by increases in loan interest income, mortgage profits and fees earned from loans issued as part of the Paycheck Protection Program, President […]
A home baker’s success leads to new café in downtown Lebanon
A home cake-baking business operated by Moraima Gonzalez became so popular it outgrew her home, enabling her to open her own cafe.
Biden praises Mack, union workers and Pennsylvania’s manufacturing success
President Joe Biden today lauded Mack Truck, the United Auto Workers 677 and the Lehigh Valley for their efforts in growing American manufacturing during a visit to the Lower Macungie Mack plant.
Deciphering Cryptocurrency
Chip Rutan watched in recent weeks as the value of cryptocurrencies plummeted. To him, it was all part of the up and down cycles he has witnessed since he first bought cryptocurrencies about four years ago. “This is kind of the pattern that it always has been,” said Rutan, owner of Rutan Productions in New […]
