Central Penn Business Journal back issues from February 2007:
Lehman Brothers quietly acquires Campus Door loan firm
Feb 02, 2007; ... CUMBERLAND COUNTY Both companies taciturn about deal Carlisle-based student-loan firm Campus Door Inc. has been acquired by financial-services giant Lehman Brothers Inc., Lehman's chief financial officer said. But that's all officials at either company have said about the ...
COUNTING CHEAP
Feb 02, 2007; ... REGION Frugality drives discount chain's expansion If you've never been to an Ollie's Bargain Outlet, you've missed an experience. The warehouse-looking store is a treasure chest of discounted items that run the gamut, from books to paint brushes to olive oil. Each item ...
Records change jams up truckers
Feb 02, 2007; ... REGION New federal regulations require more documents New rules that went into effect at the end of 2006 could require trucking companies to produce more types of electronic documents during federal court cases. That would make it harder and more expensive for companies to defend ...
TriState off and running
Feb 02, 2007; ... Former state Banking Secretary A. William Schenck III lost no time getting started in his new job as president of TriState Capital Bank, a Pittsburgh-based institution that also plans to operate in the midstate. TriState announced Jan. 25 that it had raised $85 million from investors and ...
Picture perfect
Feb 02, 2007; ... The 2007 edition of a community magazine sponsored by Lebanon Valley Chamber of Commerce is set to publish in June. The new edition of Images of Lebanon Valley will focus on education, the arts, sports and recreation, health care, commerce and quality of life. More than 7,500 copies of the ...
Bethany Village to grow
Feb 02, 2007; ... A continuing-care retirement community in Cumberland County plans asignificant expansion this year. Bethany Village plans to add nearly four dozen homes on 20 acres in Lower Alien Township. The project includes 42 duplex homes and five estate homes. The homes will range in size from ...
Super judgment
Feb 02, 2007; ... Sacunas, a marketing firm based in Lower Paxton Township, will hold its second annual Brandy Awards for the best and worst Super Bowl commercials following the big game. Sacunas will provide live commentary on the ads during the Feb. 4 game on its Super Bowl blog. Visitors can access the blog at ...
Belco named partner
Feb 02, 2007; ... Belco Community Credit Union of Harrisburg became Cumberland County Economic Development Corp.'s fourth lending partner Jan. 16. Belco was able to begin lending Feb. 1, said Omar Shute, CCED's executive director. CCED can finance up ...
CORRECTIONS/CLARIFICATIONS
Feb 02, 2007; ... The Central Penn Business Journal will correct or clarify mistakes made in the ...
New Hershey executive shares plans for synergy
Feb 02, 2007; ... DAUPHIN COUNTY Ted Kleisner has a secret weapon: an identical twin brother. Not only do the twins mirror one another physically, but they also share a similar career path. Kleisner is the new president and chief executive officer of Hershey Entertainment & Resorts Co. His ...
DRIVER'S ED
Feb 02, 2007; ... REGION Truck drivers' training sessions focus on improving skills, safety Inspections and training sessions are not favorite activities of truck drivers or their employing companies. That hasn't kept drivers, managers, mechanics and trainers away from seminars where the focus is ...
Companies on defensive
Feb 02, 2007; ... REGION Firms cash in on contracts with government The heat in Iraq is almost unbearable. Beads of sweat form above eyebrows as dentists work long hours to ensure that soldiers get the care they need. Ro ot canals and cavities don't wait on war. This is what it takes to ...
Portfolio payback
Feb 02, 2007; ... MONEY MATTERS: RETIREMENT & INVESTING Some online investors plan to spend part of their year-end gains, but most are putting their money back into their portfolios, according to a survey from online investment firm Scottrade. The survey of nearly 400 online investors was ...
About.com (www.about.com)
Feb 02, 2007; ... SITE SELECTION: COOL PLACES TO VISIT ON THE WEB This site contains business-focused articles on everything from personal finance to small-business issues. Other topics include work-life balance, business security and marketing. But don't think this site is strictly business. You can also ...
Dragon bond
Feb 02, 2007; ... SAY WHAT? MUST-KNOW BIZ AND TECH LINGO What it means: A bond that is ...
NUMBERS OF THE WEEK
Feb 02, 2007; ... 6.2 million working Americans financially support their parents. About one-quarter of this group say their generosity likely will postpone their own retirement or reduce their savings, and 44 percent expect to work in retirement as ...
Barco Group remains hungry
Feb 02, 2007; ... DAUPHIN COUNTY Management firm buys Watermark Video Robert Barr has a potentially expensive hobby. He enjoys starting and collecting businesses. Within the past 30 years, he has gathered 17 companies under the umbrella of the Barco Group. Barr is the president, chief ...
Warehouse to become luxury lofts
Feb 02, 2007; ... DAUPHIN COUNTY Two young developers are transforming an abandoned, three-story seed warehouse in Harrisburg into luxury, loft-style condominiums at 1000 Market St. The 8,410-square-foot, brick-and-concrete structure dates back to 1910. Developers Steve Moyer and Lawrence Williams ...
Civic group turns attention toward faith-based support
Feb 02, 2007; ... YORK COUNTY Religious leadership can drive turnaround, urban-policy pro says The potential for faith groups to support systemic changes in the metropolitan-York area emerged again as an important theme at the second public forum held by Metro-York, the civic group trying to halt ...
How to start or revamp a Web site on a shoestring budget
Feb 02, 2007; ... REGION To be in business today, it is essential for any company, large or small, to have a presence on the World Wide Web. Large companies have entire departments devoted to maintaining and improving their companies' Web site. Small businesses, on the other hand, are presented ...
Housing slump could slow down banks; financial executives move on
Feb 02, 2007; ... Follow the Money Come live in Central Pennsylvania where the nations bad economic news is never quite as bad. Many economy-watchers are fretting about the slump in the housing market. The downturn could hurt banks because they were the ones dishing out the cash for the ...
Keep it simple
Feb 02, 2007; ... It takes a variety of ingredients to nurture an entrepreneurial seed into a firmly rooted, thriving venture passion, creativity, dedication and capital, to name a few. But the most vital ingredient is the one that sets you apart from the competition. The founders of Ollie's Bargain ...
SOUND OFF
Feb 02, 2007; ... LAST WEEK'S QUESTION Gov. Ed Rendell proposes a 3 percent payroll tax on Pennsylvania employers that do not offer health insurance. Do you support such a tax? Why or why not? HOW YOU SAID IT: NO: "As an employer, I feel the pain every time I have to make that ...
Year kicks off with some upbeat economic news
Feb 02, 2007; ... Economic Review We ended 2006 on a note of uncertainty, but 2007 has opened up with a number of positive events. The faltering job market suddenly seems less worrisome than it had been, and cracks seem to be developing on the energy front. As for the Federal Reserve, well, you never know ...
LETTER
Feb 02, 2007; ... Cooperation, not taxation, help health-care issues In response to the Business Journal's question of the week on taxing employers who do not offer health care: I'd like to believe that the majority of employers who are not offering medical insurance are simply not doing so because they ...
Health-care system isn't healthy, but insurers' bottom lines are
Feb 02, 2007; ... Taking Stock Dear Mr. Berko: When you spoke at the fundraiser for our church about the future of our country, you pointedly said that we must have a single-payer health-care system. You noted that there are 41 million uninsured in the country who can't afford health care. You said they ...
Groundswell builds for workforce-wage housing outside cities
Feb 02, 2007; ... REGION Placing a business in the right location is important, but equally important is the placement of employees and customers to fill those businesses. In Manheim Township and other parts of the region, there is an effort to bridge the gap between development and the need for ...
HIA back on Fitch watch
Feb 02, 2007; ... A major credit-rating firm is again concerned by the financial profile of Susquehanna Area Regional Airport Authority, which owns and operates Harrisburg International Airport. New York City-based Fitch Ratings placed SARAAs bonds on "rating watch negative" in July, but lifted the watch ...
HU to offer degree in learning tech
Feb 02, 2007; ... Harrisburg University is adding another master's program to the list of degrees it offers. Beginning in the fall, HU will offer a master's degree in Learning Technologies. It is a 36hour credit program that will use theory and practice to develop skills on new technologies needed for teachers, ...
CAT adds bus stop
Feb 02, 2007; ... Capital Area Transit opened a new bus station in Lemoyne Jan. 8. The stop is at 1000 State St. and is part of CAT's Route L, which runs between New Cumberland and the Highmark Blue Shield office in Camp Hill. The Lemoyne stop will operate from 6 a.m. to 6 p.m. Monday through Friday ....
TOP DEALS 2006 POP QUIZ
Feb 02, 2007; ... REGION The Business Journal reported on dozens of deals in 2006. See how much you remember by taking this pop quiz. 1 The owners of The Flinchbaugh Company Inc. acquired G. Kurtz Industries Inc. and a Kurtz affiliate in December. The company will continue to do business as ...
Midstate sees mammoth number of mergers, acquisitions in 2006
Feb 02, 2007; ... REGION Here's a roundup of top firms, deals Three companies were especially busy dealmakers in 2006. Armstrong World Industries Inc.'s emergence from bankruptcy protection in October capped a busy year for the Lancaster County manufacturer. Cumberland County-based Harsco Corp ....
At professional companies, deals demand consensus
Feb 02, 2007; ... REGION Many merger proposals depend on one big pitch. The recent merger between law firms Kirkpatrick & Lockhart Nicholson Graham and Preston Gates &Ellis depended on hundreds. Both firms had hundreds of attorneys. So after managers at both firms concluded that a ...
NEWSMAKERS
Feb 02, 2007; ... PEOPLE: promotions, appointments and hires ARCHITECTURE/ENGINEERING Michael Baker Jr. Inc. named Timothy Ainsley, Justin Baird and Jason Hebbard civil engineers. Ainsley and Baird are professional engineers with the structures department and have bachelor's degrees in structural ...
clipboard/calendar
Feb 02, 2007; ... Lebanon Valley Chamber's "The Art of Customer Care," 8:30 a.m.-11:30 a.m.,Tuesday, Feb. 6, MetEd auditorium, 600 S. Fifth Ave., Lebanon. Customer-service seminar. Presenter: Susan Spahr of Journeys. Cost: chamber members, $40; nonmembers, $50. For details, contact 273-3727 or ...
ON THE MOVE
Feb 02, 2007; ... REAL ESTATE NEWS: openings, contracts, transactions, relocations Ceisler Jubelirer, a Philadelphia-based strategic-communications firm, opened an office at 227 State St. in Harrisburg. Ceisler Jubelirer leased the space from Vinculum Inc. Commercial Really Group Inc. of Lemoyne ...
In brief
Feb 09, 2007; ... Delaware County-based DeSanto Really Group opened an office in Northwood Crossing Office Park on Linglestown Road in SusquehannaTownship. The office has four employees and is led by Jackie Eakin, DeSanto's vice president of asset management and acquisitions. DeSanto specializes in ...
Salon owners stay busy
Feb 09, 2007; ... DAUPHIN COUNTY For some, loving a job isn't enough. But loving a job and the person they work closest with is. Through patience, cooperation and understanding, Jayson and Audrey Cowden manage to own and operate a full-service hair salon together and raise a family at the same ...
Proposed tax hikes vex business sector
Feb 09, 2007; ... STATE Gov. Ed Rendell proposed a budget Tuesday that would increase the state sales tax by 1 percentage point and expand state spending by 3.6 percent. The sales-tax increase would fund accelerated property-tax relief but also general spending. The governor also suggested ...
PA's bioscience industry needs boost, backers say
Feb 09, 2007; ... STATE Advocacy group wants tax breaks, increased funding Pennsylvania's growing bioscience industry wants the state to do more to promote bioscience businesses, mainly through tax breaks and funding. The industry is pushing the Legislature to enact laws that would make the state ...
Production pay flat
Feb 09, 2007; ... Midstate manufacturers kept a lid on weekly earnings in the past year, according to statistics from the state Department of Labor & Industry. The only appreciable year-overyear bump was in Lancaster, where production workers made 2.7 percent more a week in December 2006 than they did in ...
Olde Towne snag
Feb 09, 2007; ... Construction on New Cumberland's downtown-renewal project could begin later than originally expected, borough Mayor DJ Lan dis said. Lan dis is also president of the OldeTowne Association, a group of residents and businesses that have partnered with the Cumberland County borough to ...
NAI/CIR nets honors
Feb 09, 2007; ... Wormleysburg-based NAI/CIR cleaned up at this year's NAI Global Convention in Las Vegas. Associate broker Jim Ross and Chief Executive Officer Robin Zellers took awards in each category for secondary markets in the U.S., Zellers said. Ross received the Top Producer award for generating the most ...
Buy a piece of park
Feb 09, 2007; ... The Williams Grove Historic Steam Engine Association will auction off pieces of amusement rides and other items from Williams Grove Amusement Park Feb. 10, according to the association's Web site. The association purchased the 90-acre park in January for more than $2 ...
Md. developer expands
Feb 09, 2007; ... Maryland-based developer Gemcraft Homes wants to expand in Cumberland County because of its success in other Central Pennsylvania markets, said Dale Hevesy Gemcraft's vice president. However, Gemcraft does not have concrete plans at this time, he said. The company has built one ...
CORRECTIONS/CLARIFICATIONS
Feb 09, 2007; ... * FMA Advisory Inc. and McNees Wallace & Nurick are hosting a financial and legal discussion March 1 at the Pennsylvania Newspaper Association. The Central Pennsylvania Gay & Lesbian Chamber of Commerce has been invited to attend the event. An article in the Jan. 26 edition of the ...
STEPPING UP
Feb 09, 2007; ... REGION Paraplegic real estate agent becomes partner at RSR, starts walking UPDATE Staff writer Dennis Reardon interviewed Jim Koury in 2002, two years after Koury became paralyzed. Nearly seven years have passed since a tumor paralyzed Jim Koury's legs. He has ...
ItLinkz to launch networking site for nurses
Feb 09, 2007; ... LANCASTER COUNTY A Lancaster County company is rolling out the first of what it hopes will be hundreds of social-networking Web sites aimed at professionals and hobbyists. Manheim Township-based itLinkz released a beta version of Nurse Linkup at the end of January. A more ...
Downtown boosters reveal strategy
Feb 09, 2007; ... YORK COUNTY York city officials unveiled a three-year downtown plan with provisions for public safety, sanitation and tourism promotion. The proposal has reignited a long-running disagreement about whether the Business Improvement District, an authority that taxes downtown ...
Commuter cash
Feb 09, 2007; ... THE WORKPLACE: COMMUTING The Internal Revenue Service has increased the amount of money that employers and employees can set aside, tax-free, for commuter benefits. The amount has risen to $1,320 per employee for 2007, according to Commuter Services of South Central Pennsylvania. This ...
Unclaimed Property Database
Feb 09, 2007; ... SITE SELECTION: COOL PLACES TO VISIT ON THE WEB (www.patreasury.org/unclaimed/search.html) Check to see if the government owes you or your business money by using Pennsylvania's Unclaimed Property Database. The site allows users to search by name or company name to claim property ...
Help is a call away
Feb 09, 2007; ... TAX TIPS: TELECONFERENCE The Internal Revenue Service is holding a free, one-hour teleconference this month for small-business owners and self-employed folks who are looking for a little help heading into the tax-filing season. The conference call will be held Feb. 15 from 9 a.m. to 10 ...
NUMBERS OF THE WEEK
Feb 09, 2007; ... More than 300 million people live in the U.S. The population hit 200 million in 1967 and 100 million in 1915. $290,600 was the average price of a new home in 2006. $24,600 ...
The question at Harley: Why strike when times are good?
Feb 09, 2007; ... YORK COUNTY Observers of the strike at the York County Harley-Davidson Inc. plant may disagree on how long it will last, but each thinks contract negotiations in the manufacturing sector tend to get more heated and prolonged when a company is profitable. Harley's union, ...
Oenophiles' lifestyle works
Feb 09, 2007; ... YORK COUNTY Allegro Vineyards is nestled among the gently rolling hills and curvy back roads of southern York County. Blanketed in snow and bathed in sunlight on a morning in late January, Allegro seemed like the perfectly romantic setting for a husband and wife to run a ...
Bill and Josie Ames maintain business, love
Feb 09, 2007; ... LEBANON COUNTY (ProQuest-CSA LLC: ... text stops here in original.) Every morning begins the same way inside the walls of Bill and Josie Ames' home, which is on a farm in South Annville Township. The couple makes a point to sit down to breakfast together and plan out the day over ...
Wanted: Firms to take surveys
Feb 09, 2007; ... The Lebanon Valley Chamber of Commerce and the Lebanon Area Personnel Association are asking members of the manufacturing and construction business community in the Lebanon Valley to participate in a wage-and-benefit survey. The survey requests information regarding a company's size, hiring ...
Budget breakdown
Feb 09, 2007; ... Gov. Ed Rendell rolled out his $27.3 billion statebudget proposal Feb. 6, and while it contains a handful of laudable measures, there are plenty of red flags, too. Of course, this is not likely to be the same document the Legislature rubberstamps for fiscal 2007-08. If past Rendell ...
SOUND OFF
Feb 09, 2007; ... LAST WEEK'S QUESTION Do you think Super Bowl ads are effective? Why or why not? HOW YOU SAID IT: YES: "'Smart' advertising becomes a staple of conversation long after the Super Bowl has ended. So an advertiser not only gets the immediate 'bang for the buck' exposure to ...
LETTER
Feb 09, 2007; ... Time for York County to take regional view I found your Feb. 2 article ("Civic group turns attention toward faith-based support," page 6) informative, as well as interesting. I had the opportunity of seeing David Rusk on cable. Redistribution of capital, as much as it would be helpful to ...
In brief
Feb 09, 2007; ... Pennsylvania is the No. 1 state formotorcoach travel, according to Byways Magazine, a publication for motorcoach tour and travel planners. Three Pennsylvania locations are ranked in the magazine's overall "Top 50 Motorcoach Destinations" category. They are Philadelphia, Hershey and Gettysburg ....
NO OFFENSE
Feb 09, 2007; ... REGION Knowing a bit about etiquette can help prevent gaffes at business lunches Virtually all businesspeople know they shouldn't talk with their mouths full of food at business meals. But many of those people don't know the numerous other tips that can help them build ...
Conventions fuel economy
Feb 09, 2007; ... REGION A variety of associations are bringing their conventions to meeting hot spots in the Central Pennsylvania region this year. Such events have the ability to infuse the local economy with money from these fleeting visitors. "When conventions come to town, the biggest impact ...
Themes attract attention, fun at conferences, exhibitions
Feb 09, 2007; ... REGION Mechanical bulls, leis, cowboy hats, race-car jackets and other props are attendance magnets. Adding themes to conferences and meetings helps associations and businesses throughout the region attract increased interest in networking and trade events. Proponents of the ...
Planning imperative for successful annual meetings
Feb 09, 2007; ... REGION No company is too small for an annual meeting, according to business consultants who say any company's success is closely tied to regular reviews and goal-setting. Marcia Rynearson with actionCOACH Business Coaching in Harrisburg suggests business owners start by asking themselves ...