Radnor
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Business Deals Are Up Close and Personal Again, and They’re Everywhere
With pandemic shut downs lifting, buyers and sellers of companies are furiously working deals, writes Joseph N. DiStefano for The Philadelphia Inquirer. Private company investors are cashing out old assets at record levels, raising cash for new deals. And they’re closing those deals in person. “There’s a lot of capital right now,” as well as…
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Two Rival High Schools Are Just Happy to be Playing Field Hockey Again
The age-old rivalry between the Archbishop Carroll Patriots and the Cardinal O’Hara Lions was still there, but for the two teams cut off from field hockey for 18 months in the pandemic, it was good just to be playing again, writes Dan McCarty for Catholic Philly. The Patriots hosted the Lions Sept. 22 at the…
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Radnor Considers Zoning Change to Keep Outdoor Dining in Garrett Hill
Radnor is considering a zoning change that would allow outdoor dining to continue in the Garrett Hill section, writes Richard Ilgenfritz for mainlinemedianews.com. Township ordinance prohibits outdoor dining but it was relaxed temporarily during the pandemic lockdown. The temporary measure expires in November. Radnor Commissioner Sean Farhy supported the move as a way to help…
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Archbishop Carroll High’s First Principal, Msgr. Trinity, Dead at 93
Msgr. Bernard J. Trinity of Havertown, the first principal of Archbishop Carroll High School in Radnor, died Thursday, Sept. 2, writes Gary Miles for The Philadelphia Inquirer. He oversaw the construction of the Archbishop John Carroll Girls High School when it opened in 1967 and was its first principal until 1973. He was inducted into…
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2 Radnor Men Open First Ayurvedic Herb Restaurant In Philly
Two friends, both from the Radnor area, have opened a new Ayurvedic herb restaurant in Philadelphia that emphasizes organic dishes, wellness and personalized menus, writes Gabby DeBenedictis for patch.com. Syam Namballa and Mahi Reddy opened Ancient Spirits and Grille Sept. 17 at 1726 Chestnut Street . The three-story five dining-room, two-bar restaurant is described as…
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Radnor’s Avantor Acquires Lab Product Maker in Multi-Billion Dollar Deal
Laboratory equipment supplier Avantor is completing a $2.9 billion dollar deal to buy the product line of an Illinois-based pump manufacturer, writes John George for the Philadelphia Business Journal. The Radnor-based company is acquiring the Masterflex bioprocessing business of Antylia Scientific in Vernon Hills, Illinois. It’s a global maker of peristaltic pumps and aseptic single-use fluid transfer…
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New CEO for Lincoln Financial as Dennis Glass Gets Ready to Step Down
Lincoln Financial Group CEO Dennis Glass is leaving next May after 15 years leading the Radnor life insurance and retirement investment company, writes Ryan Sharrow for Philadelphia Business Journal. Succeeding him is Ellen G. Cooper, 56, currently the chief investment officer and head of the company’s Enterprise Risk and Annuity Solutions group. Glass, 71, will…
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Teachers in 1 Delaware County School District Rank Among Highest Paid in State
Delaware County has two of the best school districts in Pennsylvania. One of those districts also has some of the highest paid teachers, according to a new ranking by the World Scholarship Forum. Radnor Township School District ranked as the second-best performing public school system in the Keystone State, followed by Haverford Township School District…
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Radnor’s Brandywine Realty Expands Life Science Centers in Plymouth Meeting
Brandywine Realty Trust is developing the new Metroplex Corporate Center in Plymouth Meeting for life science research and manufacturing, writes Natalie Kostelni for Philadelphia Business Journal. The center on Chemical Road will have a single-story, 100,000-square-foot building for manufacturing and a 125,000 square-foot building for labs and offices. The Metroplex Corporate Center is part of…
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NRx in Radnor Has Stock Sale to Raise Funds for COVID Drug, Vaccine Research
A Radnor pharmaceutical company , NRx, active in COVID-19 research is entering into a multi-million dollar private stock sale, writes John George for Philadelphia Business Journal. The company has agreements with a group of unidentified investors. They will purchase $30 million of the company’s stock. . NRx will sell up to 2.73 million shares of…
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Region’s Fastest Growing Companies Include 6 From Delaware County
Six companies from Delaware County have been declared Soaring 76 winners by Philadelphia Business Journal for achieving sustained financial growth over a three year period, as researched by Sharon Oliver for Philadelphia Business Journal. Seventy six companies in the region, including Delaware County’s six, “accelerated at a fast pace over the past three years and…
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NRx in Radnor Cleared to Use Its COVID-19 Drug in Country of Georgia
With COVID-19 cases growing by 1,000 cases a day, the country of Georgia has issued an emergency authorization to use a COVID-19 therapy, Zyesami, developed by NRx, a Radnor pharmaceutical company, writes John George for Philadelphia Business Journal. The emergency authorization came from Georgia’s prime minister and minister of health. With the rise in cases,…
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Strafford’s Nick Mead Gave All He Had to Make the Olympic Rowing Team
Nick Mead from Stafford is competing with the United States Rowing Olympic Team men’s 8 in the Tokyo Olympics, writes Justin Feil for towntopics.com. “I’m unbelievably excited,” said Mead, a 2017 Princeton University graduate, and a former men’s heavyweight star rower for the Tigers. Mead has put everything into his training since graduating. It’s come…
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Debating a Land Deal at the Ardrossan Estate in Radnor
The set up at the Ardrossan estate preserves Radnor’s remaining open space, but it’s produced wealthy property owners benefitting from tax deductions and open land that’s not open to the public, writes Jacomb Adelman for The Philadelphia Inquirer. In 1997, Edgar Scott, great-grandson of Ardrossan founder Col. Robert Motgomery, sold off pieces of the 800-acre…
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Lincoln Financial in Radnor Implements New Post-Pandemic Employee Set Up
As it emerges from the COVID-19 pandemic, Radnor-based Lincoln Financial will use a hoteling strategy with its employees, writes Jeff Blumenthal for Philadelphia Business Journal. A majority of employees will work remotely. Staff can volunteer to return to the office Aug. 9. A full return is set Oct. 4, subject to change. Lincoln Financial will…
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Penn Medicine Design Emphasizes Natural Elements to Aid Patient Serenity, Healing
Penn Medicine Radnor, an ambulatory care center, has only been open since 2020, but it’s part of a medical system that traces back to Pennsylvania Hospital, founded by Benjamin Franklin and Dr. Thomas Bond in 1751, writes Suzanne Stephens for architecturalrecord.com. The 250,000 square-foot Radnor facility serves 1,500 outpatients a day. “We wanted to provide…
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Wayne Train Station in Radnor Now Has a Coffee Cafe, Thanks to 3 Local Veterans
Three veterans who served multiple tours in Iraq are now business partners, running a coffee café out of the historic Wayne train station in Radnor, reports Jessica Kartalija for Philadelphia.cbslocal.com. The Mad Anthony Wayne Café has been open nearly a month. Sgt. First Class Melinda DiStefano had the idea to create a café at the…
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Radnor Executive Touts Life Lessons Learned From His Mother
Tim Seifert, senior VP at Lincoln Financial Group in Radnor, appreciates his “truly amazing mother,” Barbara Lou, he writes for the Philadelphia Business Journal. His mother entered the Montgomery Hospital registered nurse program right out of high school. She took on a second job to make ends meet while raising three boys. They grew up…
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