Commerce
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Noted Litigator, Havertown Resident Joins Wisler Pearlstine
Wisler Pearlstine in Blue Bell has announced that Brian R. Elias has joined the law firm as a partner. For nearly 20 years, Elias’s practice has focused on civil and commercial trial and appellate litigation. He has successfully litigated complex business and personal disputes involving diverse areas of the law, including contract disputes, negligence, construction…
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Boeing Joins Forces with Nearby Manufacturer to Pitch Philly-Made Chopper to Army
Boeing has joined forces with northeast Philadelphia chopper maker Leonardo to pitch a new helicopter to the Army to replace its aging UH-1n Huey helicopters, writes Joseph DiStefano for the Philadelphia Inquirer. The draft bid document was put out by the government earlier in April, with formal bids due this summer. The contract requires the…
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Editor Argues That Gerrymandering Threatens Business
When political districts look more like ink spills than common groupings of people and communities, their politicians have a greater chance of acting less like the people they represent. That’s the problem with gerrymandering, and that’s bad for business, according to a Philadelphia Business Journal opinion by Editor-in-Chief Craig Ey. “Imagine if the Philadelphia City…
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Billionaire Philanthropist Michael Bloomberg to Speak at Villanova’s Commencement
Words of wisdom from a financial mogul, former New York City mayor, and billionaire philanthropist will send off Villanova’s Class of 2017. Renowned American leader Michael Bloomberg will be Villanova’s commencement speaker next month, according to a Philadelphia Business Journal report by Michelle Caffrey. In addition to delivering what’s sure to be a high-profile speech…
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Football All-Stars to Compete in Hero Bowl Benefiting Families of First Responders
Every year, it seems our communities are shaken by the tragic loss of a brave first responder, whether he or she serves as police officers, firefighters, or emergency medical personnel. When that happens, the Delaware County community comes together to support the families and fellow first responders. Since 1977, the Hero Scholarship Committee has been…
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New York-Based Private-Equity Firm Buys Folcroft’s Alyan Pump
PumpMan Holdings, a portfolio company of New York’s Soundcore Capital Partners, has acquired Folcroft’s Alyan Pump for an undisclosed amount, writes Luisa Beltran for the PE Hub Network. Alyan Pump provides custom pump packages and pump system installations, as well as installation and repair services for the mid-Atlantic region. It was founded in 1955 and…
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Check Out Which Public High Schools in Delco Rank Among America’s Elite
The U.S. News & World Report has released its annual rankings of the best public high schools in America after analyzing data on more than 28,000 schools in the 50 states and the District of Columbia. The following pair of high schools in Delaware County ranked among the Top 25 in Pennsylvania and rated most…
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Strath Haven Grad, Fortune Editor Gets Scoop on Airbnb
A Fortune magazine editor who grew up with a newsroom in her Media kitchen is now in the limelight for her enterprising work that has shed light on the hotel in your guest room — the growing movement of Airbnb home or room rentals. Strath Haven High School graduate Leigh Gallagher wrote The Airbnb Story,…
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State of the County: ‘Delco Has It All – Workforce, Innovation, Location – for Economic Development’
The “de-malling” of Granite Run Mall, upscale apartments in Media, a major Hollywood production in Chester Township, and new hotels coming to Upper Darby all point to a very positive economic outlook for Delaware County residents. Delaware County Council partnered with the Chamber of Commerce to present an upbeat “State of the County” address Wednesday…
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Call for Caution as Natural Gas Booms in Chester
With billions of dollars literally headed down a natural gas pipeline, the anticipation of an industrial boom in Chester is palpable. And Lt. Gov. Mike Stack met the mix of both excitement and caution with a message of balance during the recent Sustainable Energy Leadership Forum at Widener University, according to a Daily Times report…
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Airlines Urge Pennsylvania Legislature to Comply with Federal Real ID Law
Eleven airlines have signed a letter urging the Pennsylvania legislature to ensure the state’s compliance with the Department of Homeland Security’s Real ID law, writes Linda Loyd for the Philadelphia Inquirer. The law, passed by Congress in the wake of the 2001 terrorist attacks, requires each state to change their driver’s licenses to reduce counterfeiting.…
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Comedy Central Orders Pilot for Aspiring Sitcom ‘Delco Proper’
A television experiment about three guys from a Delaware County lumberyard “peeking into their 30s without leaving behind the behavior of their 20s” is about to grow up on the screen, too. Comedy Central has ordered Delco Proper out of its awkward digital adolescence and into a full pilot, according to a Philadelphia Inquirer report…
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Residential Real Estate Market Thriving in Delaware County
Home sales in Delaware County and the surrounding area show no signs of slowing down, according to the latest figures from Berkshire Hathaway HomeServices Fox & Roach, writes Sandy Smith for Philadelphia magazine. The number of properties sold in Delaware County for the first quarter of 2017 was 1,300, compared to 1,195 for the same…
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Villanova Selects Alum to Head New Women’s Leadership Institute
Teresa Boyer, the leader of Rutgers University’s Center for Women and Work, will head Villanova’s new women’s leadership institute, writes Michelle Caffrey for the Philadelphia Business Journal. Boyer, who is a Villanova graduate, will become the founding director of the Anne Welsh McNulty Institute for Women’s Leadership on July 31. The newly established institute is…
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Havertown’s TreCom Helping Track Medical Marijuana
Havertown information technology firm TreCom Systems Group will be on the cutting edge of the state’s growing medical marijuana industry. As a subcontractor part of MJ Freeway’s $10.4 million contract for “tracking medical marijuana from seed to sale and creating a registry for patients, caregivers, and practitioners to participate in the program,” TreCom will literally…
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Pegasus Technologies Broadens Its Geographic Footprint, Expands to Third Office
Pegasus Technologies – a managed IT service provider with offices in Kennett Square and Media that provides support to small and medium-sized businesses in Pennsylvania, Delaware, and New Jersey – is adding a third office location in Wayne. This office will enable Pegasus to better extend its IT services to Main Line and Northern Delaware…
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Malvern Bancorp Reports Quarterly Earnings Driven by Loan Growth, Higher Net Interest Income
The Paoli-based Malvern Bancorp, parent company of Malvern Federal Savings Bank, has reported operating results for the second fiscal quarter ended March 31, 2017. Net income amounted to $1.4 million, or $0.22 per fully diluted common share, for the quarter, an increase of $143,000, or 11.3 percent, as compared with net income of $1.3 million,…
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Money Talks: Franklin Mint Federal Credit Union Passes $1 Billion in Assets
The Franklin Mint Federal Credit Union, headquartered in Broomall, announced the surpassing of one billion dollars in total assets as of March 31, 2017. Beginning in 1970 as a credit union serving one partner organization, The Franklin Mint Collectables Company, FMFCU currently serves more than 80,000 members in the Greater Philadelphia region and 2,000 partnering…
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