Radnor
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Historic Radnor Stables Could Get Facelift, New Purpose
A study is looking at renovating and repurposing historic horse stables at Fenimore Woods Park in Radnor Township, writes Richard Ilgenfritz for the Daily Times. The stables, built in the early 20th Century, are at the township-owned Fenimore Woods Park on Eagle Road in Wayne. The park is named for Francis Fenimore, a Radnor landowner…
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Haverford School Makes 43-Acre Radnor Property Purchase
The Haverford School on the Main Line has purchased the 43-acre Presbyterian Children’s Village property in Radnor Township, writes Natalie Kostelni for Philadelphia Business Journal. The all-boys school in Lower Merion Township paid $19.88 million for the site at 452 S. Roberts Road. It is located about three miles from the Haverford School campus off…
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Mark W. Knight, Who Captured Sports in Film and Sound, Remembered
A 63-year-old St. Davids man, Mark W. Knight, who did camera and sound work for big sporting events, has died. Mr. Knight, a production assistant, photographer and investment administrator with Vanguard Group, died June 25, writes Gary Miles for The Philadelphia Inquirer. Mr. Knight was a camera and sound man for Wayne-based TelRa Productions, covering…
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2nd Grader Wants to be a Police Officer 1 Day. Radnor Police Made Him Chief
Dominic Glenn is only 8, but the Ithan Elementary School student already knows he wants to be a police officer one day. The Radnor Police gave him a sense of what that might be like when they recently made him honorary police chief for the day, writes Matteo Iadonisi for 6abc. Dominic’s swearing-in was followed…
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Investors’ Back Radnor Firm’s Development of Blood Pressure Drug
Mineralys Therapeutics in Radnor is getting a $118 million investment from biotech investors in six nations to develop a new blood-pressure drug, writes Joseph N. DiStefano for Philadelphia Business Journal. The 15-person firm is using a different approach it hopes will help African Americans and others who have lower response rates to drugs developed in…
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Radnor Ordinance Tackles Possible Roe V. Wade Overturn Pre-emptively
A controversial ordinance in Radnor Township has passed on first reading that would prevent police from arresting, charging or prosecuting a person “accused of facilitating, providing, or receiving abortion services.” The idea, according to the Radnor Township Board of Commissioners, is to protect abortion rights for Radnor residents even if the U.S. Supreme Court overturns…
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Lincoln Financial in Radnor Welcomes Ellen Cooper, Its 1st Woman CEO
Ellen Cooper is the new CEO of the Lincoln Financial Group based in Radnor and the first woman CEO for the company. She has become just one of 44 women leading a Fortune 500 company, writes Jeff Blumenthal for Philadelphia Business Journal. She succeeds Dennis Glass, who was CEO for 15 years. Cooper also became…
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2 Radnor Firms Make Fortune 500 List Again for 2022 But Drop in Rank
Thirteen publicly traded companies from the Philadelphia region, including two from Radnor, once again made the Fortune 500 list in 2022, writes Ryan Sharrow for Philadelphia Business Journal. The Fortune 500 ranks the companies by annual revenue. Radnor-based Lincoln National Corp. came in on the list at No. 187, down 15 spots from No. 172…
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Dr. Arsine Oshagan of Radnor, Dedicated to the Armenian Community, Has Died
Educator Dr. Arsine Oshagan, who dedicated her life to enhancing the educational and cultural heritage of Armenians worldwide, has died. Dr. Oshagan of Radnor had a prominent role in the Philadelphia Armenian community, making contributions at the local, national and international level. She died April 28 at the age of 80, writes Valerie Russ for…
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Worker Benefits a Top Priority for Small Business Owners Since Pandemic
Small businesses are re-evaluating the benefits packages they offer employees in light of the COVID-19 pandemic, according to a new Small Business Owner Survey from Lincoln Financial Group out of Radnor. For 80% of the small business owners, employee benefits are a top strategic priority, playing a critical role in the culture and morale of…
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NewSpring Capital in Radnor: Time to Invest in Doughnuts
Radnor-based NewSpring Capital has lately had a hankering for doughnuts, writes Joseph N. DiStefano for The Philadelphia Inquirer. The private-investment group manages $2.5 billion for investors. It’s put that money into growth companies like medical devices, business software, specialty manufacturers and retailers. Last month, though, it bought a big stake in Philadelphia-based Federal Donuts and…
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Federal Donuts to See Massive Expansion Thanks to Radnor Investment Firm
Federal Donuts, popular for its donuts and fried chicken, is expanding across the Mid-Atlantic, thanks to Radnor-based equity investment firm NewSpring, writes Jason Sheehan for Philadelphia Magazine. Federal has 11 locations now in Philadelphia and at the Wynnewood Whole Foods store. That would expand to up to 150 locations throughout the Mid-Atlantic region. Federal Donuts…
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LodeStar Works of Radnor Close to Bringing Smart Gun to Market
LodeStar Works, a Radnor company that has invented a safer smart gun hopes to bring it to market by spring 2023, writes Jordan Winters and Ken Dilanian for NBC News. LodeStar has a 9mm handgun prototype that can only be unlocked for use by a fingerprint, a pin pad code, or a smartphone app paired…
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Restored 1912 Radnor Tudor Owned by Daughter of Late Philadelphia Flyers Owner Hits Market for $5 Million
A restored 12,000-square-foot Main Line Tudor revival in Radnor owned by Lindy Snider, the daughter of late Philadelphia Flyers owner Ed Snider, recently entered the market for $5 million, writes Lisa Dukart for Philadelphia Business Journal. Her husband, Dr. Larry Kaiser, is the former CEO of Temple University Health System. The eight-bedroom home features a…
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Radnor Board of Health Opts Not to Regulate Kratom Found in New Wayne Store
The Radnor Township Board of Health would rather not regulate the sale of Kratom, an herbal extract that has been linked to some deaths in the past few years, writes Richard Ilgenfritz for mainlinemedianews. The legal extract is part of the inventory at the currently-closed CBD Kratom store on Lancaster Avenue in Wayne. Members of…
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Radnor, Washington Firms Team Up to Buy 12 Industrial Buildings in Berks for $77.6M
A Radnor-based commercial real estate firm is teaming up with a Washington, D.C. firm to purchase 12 industrial buildings in Berks County, writes Andrew Kulp for the Daily Times. Endurance Real Estate Group in Radnor and ASB Real Estate Investments in Washington, D.C. are paying $77.6 million for the buildings. The purchase includes the entire…
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Radnor May Join Philadelphia in Plastic Bag Ban for Shoppers
Radnor officials are considering an ordinance ending a practice of giving out plastic bags to shoppers, writes Richard Ilgenfritz for mainlinemedianews.com. Board of Commissioners President Moira Mulroney raised the issue at a recent meeting. A draft ordinance would impose a six-month “ask first” policy for businesses. That means businesses would not hand out plastic bags…
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Radnor Biotech CEO Scott Braunstein on Top 25 Biotech CEO List for 2022
The CEO of a Radnor-based pharmaceutical company, Dr. Scott Braunstein, M.D., has made a top 25 list of Biotech CEOs for 2022, compiled by The Healthcare Technology Report. Dr. Braunstein, of Marinus Pharmaceuticals, came in at No. 11. Marinus focuses on improving the lives of patients with seizure disorders. Dr. Braunstein was named CEO in…
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