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Finance

Fay Pharo-Frank: Building relationships with York Traditions

Fay Pharo-Frank knew she wanted to work for York Traditions bank years ago after having a seamless personal mortgage experience. “What I saw was an organization with a mission and a culture that was going to fully support me being the relationship-builder I wanted to be,” she said. As the branch manager for York Traditions’ ...

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Lancaster County event-planning business changes name

Lancaster County-based Alegre Concierge Services has announced that is has changed its name to Alegre Events, along with adding two new employees. The event-planning business operating out of Penn Township is not changing its scope or focus, company officials said, but is renaming to better reflect their offerings that include consulting, corporate and non-profit event ...

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Hershey in talks to acquire NC nutrition bar maker

The Hershey Co. expects to close on a $395 million deal by the end of the year with a Charlotte, North Carolina, nutrition bar manufacturer. One Brands LLC, a nutrition bar company with an emphasis on low-sugar and high-protein snacks has entered into a definitive agreement to be acquired by the Derry Township-based Hershey Co. ...

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Notes from your CPA: 2017 tax law requires strategic refresh for nonprofits

Tax experts agree: adjusting to new accounting standards and the effects of the 2017 Tax Cuts and Jobs Act can make the nonprofit world more confusing – and challenging. Here are some tips to help ensure your nonprofit, one of more than 13,000 operating in Pennsylvania, maintains the strong financial backing it needs to continue its meaningful work while meeting today’s state and federal regulations.

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Laboratory, Analytical & Biological Services of New Oxford relied on a federally-funded SBA 504 loan through Adams Economic Alliance to move from East Berlin and ren-ovate a larger facility, shown above, near Cross Keys in eastern Adams County. PHOTO/SUBMITTED

SBA loan fuels growth of Adams lab

When Fred Richstien II sought financing last fall to expand his business in Adams County, he heard about a federal loan program that might help him achieve his vision.. By summer, he had a financing package totaling $845,000 in hand for his company, Laboratory, Analytical & Biological Services, or LABS, of New Oxford, part of which included a Small Business Administration 504 loan facilitated by the Adams Economic Alliance.

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