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Quad - State Business Journal articles from May 2006

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Quad - State Business Journal back issues from May 2006:

Hispanics Adjust to Life in Franklin County

May 01, 2006; ... Like the rest of the U.S., Franklin County, is becoming more racially diverse. The most recent figures, from the 2000 Census, describe a population that's 2.3% African American, 0.6 Asian and 1.8% Hispanic. The residents of Chambersburg, the largest borough and county seat, are 7.6% Black, 0.9% ...

Local Historical Societies Play Role in Heritage Tourism

May 01, 2006; ... Each county in the Quad-state region has an historical society whose mission is to preserve historical records of their communities, and in some cases own and operate museums and other historical buildings. When it comes to tourism, historical societies in the region remain in the ...

Shentel May Sell its PCS Service That Represents Two-Thirds of its Revenue

May 01, 2006; ... Last month Edinburg-based Shenandoah Telecommunications Company, Inc. (Shentel) announced it was at an impasse with Sprint Nextel over amending its affiliate agreement to operate Sprint PCS in its service territory, which includes much of the Quad-state region. In a press release, ...

People On The Move

May 01, 2006; ... Patrick Barker, executive director of the Winchester-Frederick County Economic Development Commission, earned the designation of Certified Economic Developer (CEcD) from the International Economic Development Council. Kim Shockey, manager of the Way nesboro office of First National Bank ...

Speaking of Business

May 01, 2006; ... Bentley World-Packaging, Ltd. is now operating in its newly built, 20,000-square-foot facility in the Cumberland Valley Business Park north of Chambersburg. The company also has 20,000 square feet of leased warehouse space in nearby St. Thomas. The Washington County Rural Heritage Museum ...

Trex Leases Former Lear Plant in Winchester

May 01, 2006; ... Trex Company Inc. hopes to squeeze more efficiencies from its warehousing of raw materials used in making composite decking from waste wood fibers and reclaimed polyethylene, primarily recovered plastic bags and plastic film. The $294 million in sales, Winchester-based company is consolidating ...

Societies Are Too Secret

May 01, 2006; ... As the tourism season approaches in the Quad-state region, we decided to shed a little light on a subject matter that gets relatively little attention from the local press-the area's historical societies. And apparently that holds true for the local convention and visitor bureaus, ...

TB Wood's Stock is Biggest Percentage Gainer This Year

May 01, 2006; ... Two Pennsylvania-based companies and one Winchester company led the portfolio of stocks of Quadstate companies in the first four months of 2006, a period which saw the S&P 500 Index increase by 4.3%, and the Dow Jones Industrial Average return 5.3%. TB Woods in Chambersburg broke out ...

Not So Sleepy

May 01, 2006; ... The owner of one of Washington County's manufacturing plants has gone public. Last month Sealy Corporation completed a successful initial public offering, as the shares rose by almost 10% on the first day of trading on the New York Stock Exchange. Since 1990, Sealy has leased a ...

More Than a Night

May 01, 2006; ... In June, a hotel management company will relocate from Warrenton, Va., to Holiday Street in downtown Strasburg, bringing 15 jobs with it. Many of those jobs will be of the higher-paying category such as operations managers, regional directors and accounting and marketing ...

On the Road Again

May 01, 2006; ... Following in the footsteps of several Quad-state economic development agencies, the HagerstownWashington County Economic Ti Development Commission (EDC), along with Regional Economic Studies Institute of Towson University, has begun an Out-Commuter Workforce Study through random telephone ...

Putting the Mail on Hold

May 01, 2006; ... Hancock is taking another employment blow, as Merkle Mailing Services is closing its Hancock operation and consolidating it into the company's Hagerstown unit. In Washington County, Merkle Mailing processes incoming mail for customers, particularly donations from the public to nonprofit ...

Food Store Adds European Flavor to Winchester

May 01, 2006; ... At 725 S. Loudoun Street in Winchester, occupants of cars going north can't help but notice a sign saying "We Sell Good Food" that is prominently displayed outside the Axcent European Grocery & Coffee Shop. According to owner Mario Katrandjiyski, the combination grocery store-coffee shop is ...

Rankin Builds Wellness Center in Berkeley Springs

May 01, 2006; ... The owner of one of the largest physical therapy businesses in the region has an 18,000-square-foot wellness center under construction in Berkeley Springs, in front of the Best Western, south of the Food Lion shopping center. Kelly Rankin, a physical therapist, is the mastermind behind ...

Valley Health Plans to Build Wellness Center

May 01, 2006; ... Valley Health is ramping up its wellness offerings with a $17 million. 55,000- to 60,000-square-foot wellness center, complete with fourlane pool and running track, to be located on the campus of Winchester Medical Center. Because it is greater than $1 million, the project needs a ...

New Owner Closes Center

May 01, 2006; ... Under new ownership, the Holiday Inn in Martinsburg underwent a significant renovation and expansion, and in the process closed its Martinsburg Health and Fitness Center. But that was not in response to City Hospital's going into a similar business and then doubling the size of its fitness ...

Association Publishes Standards

May 01, 2006; ... With more hospitals going deeper into the wellness business with fitness facilities, controversy has erupted among competing private enterprise businesses, especially when the medical facilities are non-profit and don't pay income, property or sales taxes. "We do not get involved in the ...

Area's Coke Bottler Sold to Coca-Cola Enterprises

May 01, 2006; ... Hagerstown Bottling Plant Closes On February 28, the Quad-state region's Coke bottler was sold to Atlanta-based Coca-Cola Enterprises, Inc. (CCE), the world's largest soft drink bottling company, that is 36% owned by the Coca-Cola Company. Owned by the Betty Christian family in ...

Panhandle Real Estate Market Cools After Solid Run, But Prices Stay Up

May 01, 2006; ... It's all about supply and demand, and when it comes to real estate, the inventory of homes on the market is a good indicator of supply. In the Eastern Panhandle, that inventory has more than doubled in the past year, as reported by the Metropolitan Regional Information System, Inc. (see chart on ...

Panhandle Population and Workforce Soar, Jobs Grow at Slower Pace

May 01, 2006; ... As with much of the Quadstate region, the Eastern Panhandle economy has benefited from a strong housing market. Construction jobs in the Panhandle have grown from 1,600 in 2000 to 3,070 in the third quarter of 2005, based on reports from the West Virginia Department of Labor. Not only ...

GM Leasing

May 01, 2006; ... The General Motors parts warehouse, purchased by The Shockey Companies, has two leases and another pending, said John Good, Jr., chief financial officer. "We have leased 412,000 square feet to Rubbermaid [Commercial Products ...

Something is Brewing in Martinsburg, But it's Not Coffee

May 01, 2006; ... While Winchester now has a brewpub-Piccadilly Brew Pub & Restaurant, which opened a couple of months ago-Martinsburg is about to get a brewer. Mountaineer Brewing Company, owned by Cluster Spires Brewing Company in Frederick, Md., will begin brewing beer in June or July. "We ...

The Cracked Cork Sells Kits and Ingredients to Home Vinters and Brewers

May 01, 2006; ... ''If you enjoy good wine, beer, or brandy, this is the type of hobby to get into," says Gary Bowles, who in 2004 opened The Cracked Cork, a shop just south of Hagerstown which sells equipment and supplies for making wine, beer, brandy and soft drinks. "My busiest times are from April to ...

Region's Population Continues to Explode

May 01, 2006; ... The Quad-state region continued to grow its population base last year, according to estimates of the U.S. Census Bureau published last month, as the combined population of the nine counties increased by 2.7% from the 2004 estimates. That is an acceleration from the compound annual growth rate of ...

Two Shenandoah County Plants Are Expanding

May 01, 2006; ... Shenandoah County is experiencing a burst of manufacturing activity, as two plants are on the grow. Last month Governor Timothy Kaine announced that Merillat, Inc., a manufacturer of kitchen and bath cabinets, would invest $16 million to expand the company's Mount Jackson facility. The ...

Banking on Growth

May 01, 2006; ... Marathon Bank in Frederick County continues to expand. It is adding 24,000 square feet at its headquarters building south of Kernstown, said Don Unger, president and CEO of Premier Community Bankshares, Inc., Marathon's holding company. "We will move our back office, bookkeeping, human resources ...

All About Business

May 01, 2006; ... The new home of the Harry F. Byrd, Jr. School of Business at Shenandoah University will be named Halpin-Harrison Hall. It will be built on the corner of Millwood Avenue and South Pleasant Valley Road, the former site the Millwood Station Fire and Rescue Company headquarters. The new name ...

Take a Name

May 01, 2006; ... Ron Miller, head of Shenandoah Valley National Bank in Winchester, is opening a branch in Martinsburg, but it won't have the name of any former bank that once had a presence there. That's been the strategy he has used in the Winchester, Harrisonburg, Leesburg and Warren ton markets. The ...