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Tag Archives: manufacturing

Pandemic makes workforce shortage disappear, for now

Just a few weeks ago, manufacturers in Pennsylvania faced a hiring crisis with seasoned, skilled employees retiring and not enough young people choosing manufacturing careers to replace them. That dynamic has shifted dramatically in just the past few weeks, said Richard Hobbs, executive director of the Manufacturers Resource Center in the Lehigh Valley.

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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.

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