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investment

Nov 26, 2024

Lancaster tech firm faces default judgment for failing to pay workers

A default judgment was filed Nov. 21 against a Lancaster County company, GenHydro Inc., involving six former workers who claimed that they were owed back pay.

Foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, retreating 21.2% from the prior 12-month period. PHOTO/GETTY IMAGES
Jul 17, 2024

NAR: Strong U.S. dollar key to drop in foreign residential real estate investment

A report from the National Association of Realtors showed foreign buyers purchased $42 billion worth of U.S. existing homes from April 2023 through March 2024, retreating 21.2% from the prior 12-month period. 

Jul 11, 2024

Goldman Sachs to take majority stake in TAIT

TAIT, the Lititz-based live event production company, has sold a majority stake in the business to the private equity business at Goldman Sachs Alternatives.  

Tom Murphy, center, talks to foreign investors about energy investment in Pennsylvania. PHOTO/TEAM PA
Jun 4, 2024

Foreign investment will boost state’s energy industry

Team Pennsylvania, a nonprofit working to accelerate the state’s economy, is working to bring foreign investment into the state’s energy sector. 

From left: Livia Shmavonian, Made in America director, Office of Management and Budget; Stanley Kocon, president and CEO, Voith Hydro North America; and Michael Rendsburg, COO, Voith Hydro, cut the ribbon on the PAMA Speedram 3000 horizontal boring mill. PHOTO/VOITH HYDRO
Apr 24, 2024

Voith Hydro unveils $5M investment; announces tax credits

Voith Hydro unveiled its newest, more than $5 million, investment in hydroelectric manufacturing Tuesday. 

Mar 27, 2024

Voith Group invests nearly $25M in two York facilities

Voith Group is making a nearly $25 million investment in its Voith Hydro and Voith Turbo facilities in York to meet manufacturing needs. 

Mar 20, 2024

Savant Wealth Management named among 10 Best Financial Advisors

Savant Wealth Management has been named to CNN Underscored’s list of the 10 Best Financial Advisors of March 2024. 

Feb 7, 2024

Craft beverage and food pairing event to support economic development

Downtown Inc. is holding a craft beverage and food pairing event to support its efforts to grow investment in Downtown York. 

Jan 3, 2024

Quarryville podiatry practice bought by health care investors

Quarryville Family Foot Care was acquired by Pennsylvania and New Jersey-based Integrated Foot and Ankle Specialists, with the transaction closing Dec. 29.

Oct 16, 2023

Two local health care systems invest in firm to improve drug affordability

WellSpan Health and Lehigh Valley Health Network are among more than 10 health systems across the country to invest in Capital Rx, a New York-based full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA). 

Oct 4, 2023

Voith Hydro $20M investment to help meet U.S. climate and job-creation goals

Voith Hydro has made nearly $20 million in investments in its North American manufacturing facility in York to increase production and energy efficiency. 

Sep 26, 2023

SBA loans to Hispanic or Latino-owned businesses growing

New U.S. Small Business Administration (SBA) data shows the number, rate and share of SBA-backed loans going to Hispanic or Latin-owned businesses have grown significantly under the Biden Administration.  The […]