The largest stimulus package in American history was signed into law last week and while it may take time to feel its effects, businesses are beginning to look at what it could mean for their employees and communities.
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Pa. Senators seek support for bill to allow construction to continue
Several senators led by Sen. David J. Arnold Jr., (R-Lebanon) are seeking relief for construction firms throughout the state who have largely shuttered their companies and most projects after Gov. Wolf’s business closure order on March 19.
Read More »Cannabis operator closes on $25.5M Franklin Labs acquisition
Harvest Health & Recreation, a Tempe, Arizona–based multi-state cannabis operator, said it closed on the acquisition of Franklin Labs LLC, a subsidiary of CannaPharmacy, for about $25.5 million. The acquisition, payable with $15.5 million in cash and a $10 million promissory note, includes a 46,800-square-foot cultivation and manufacturing/processing facility in Reading.
Read More »Local colleges, universities issue partial refunds amid COVID-19 closure
The move to close colleges and universities amid the COVID-19 outbreak has led many students and families to wonder if they would get some type of refund for losing access to housing, dining services and other amenities they already paid for.
Read More »COVID-19 creates havoc for construction industry
Gov. Tom Wolf’s order to shutter all non-life-sustaining businesses to control the spread of COVID-19 has effectively halted most construction in Pennsylvania, sending a shockwave through the industry.
Read More »Seasoned managers offer their advice on making the remote work transition
For managers delving into this unchartered territory of long-term remote work, there are some best practices and effective techniques to adopt that may be helpful in managing employees who are working outside the office.
Read More »Local payment processor seeks to raise $200M for hospitality industry
With restaurants and other hospitality businesses facing some of the earliest and largest financial losses from COVID-19, one local company established an online resource to help raise more than $200 million for them.
Read More »Temperature control device manufacturer aids companies researching COVID-19 cure
Julabo USA, a company in Hanover Township, Lehigh County, is among those businesses that’s staying open because it is helping to equip pharmaceutical companies that are working on vaccines, research, and drug therapies to directly combat the COVID-19 pandemic.
Read More »COVID-19 ends LVIA’s 30-month growth pattern
The rapidly changing and spreading virus upended nearly 30 consecutive months of positive passenger traffic at Lehigh Valley International Airport and put a financial strain on the airport as it continues operating and providing services.
Read More »The $2 trillion stimulus package is ‘a great start,’ says local business leader
With the White House and Senate reaching a deal earlier today to provide a $2 trillion stimulus package to bolster the national economy in the wake of COVID-19, Pennsylvania’s small businesses can benefit if they act now, according to the leader of a local mortgage-lending firm.
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