Newsroom
January 2012
Schaedler Yesco EMPLOYEES ACHIEVE LIGHTING CERTIFICATION
Schaedler Yesco Distribution, Inc. (SYD) is proud to announce that two more of our employees have achieved Lighting Certification from the NCQLP (National Council on Qualifications for the Lighting Professions). Kris Smith, Lighting Specialist, and Chris Lightner, Energy and Design team leader, had to complete and pass a four hour, two section examination to gain this honor. Other SYD employees that have gained certification are Steve Shepps, Construction Solutions Manager, and Kevin McGahey, Lighting Specialist. This makes a total of four SYD employees that have achieved the certification from the NCQLP.
NCQLP was originated in 1991 by the lighting industry. It has been maintained by several government agencies as well as lighting organizations. Over the years, the Test Subcommittee continually reviews the exam to ensure that it is current and comprehensive covering the entire lighting field.
“We are very excited to have two additional LC’s in our Lighting Department,” says Steve Shepps, the Construction Solutions Manager. “It proves our continued commitment to providing internal expertise that meets our customers’ growing lighting and design needs. Just one more unique way that allows our customers to ‘Experience the Difference’.”
Schaedler Yesco offers a full line of inventory, service and training solutions in the Pennsylvania market. Their unique approach to the marketplace provides customers with solutions not typically found at traditional electrical distributors.
Schaedler Yesco Distribution is a leading electrical, lighting, datacomm, and industrial supplies distributor and has provided service to Central PA since 1924. With corporate headquarters in Harrisburg, Schaedler Yesco also has locations in York, Lancaster, Lebanon, Chambersburg, Williamsport, Pocono Mountains, Gettysburg, New Oxford, St. Marys, State College, Indiana, New Kensington, Pittsburgh, Towanda, Wilkes-Barre, DuBois and Scranton coming soon. Learn more about Schaedler Yesco by visiting www.sydist.com.
December 2011
Amelia's outlets get new owner
Intelligencer Journal - Lancaster New Era Updated Dec 17, 2011 08:33
By DAN NEPHIN, Staff Writer
Amelia's Grocery Outlet has been sold to a California discount grocer, the president of the New Holland-based chain said. Mike Mitchell confirmed the sale to Grocery Outlets Inc. on Friday, but declined to disclose the sale price.
"They run 160 outlet stores on the West Coast and they're about a billion-dollar company," Mitchell said of Grocery Outlets Inc. Grocery Outlets Inc. bills itself as "the largest 'extreme-value' grocer in the U.S.," offering savings of up to 70 percent over regular grocery stores. Likewise, Amelia's buys brand-name, closeout products to offer similar savings. "With their resources, we will offer more products, more brands," Mitchell said.
No layoffs are planned, Mitchell said in a phone interview from Chicago while en route to Philadelphia. The company employs about 380 people. "It's going to be pretty much business as usual," he said. "We'll continue to manage the business with the current staff. My brother-in-law Jeff (Good, chief operating officer) and I will continue to run the business."
Amelia's, which has 13 stores, has plans to open three new locations in its current trading area, Mitchell said. He declined to say where, however, because leases haven't been signed. Amelia's area stretches from Mechanicsburg to Allentown to the Philadelphia area. "The segment is a growing segment" in the current economy, Mitchell said. "It saves people money, which is good."
Amelia's was not looking to sell, but Mitchell said Grocery Outlets Inc. approached the company in May with "a very attractive offer." "The businesses are very synergistic. The cultures are very similar," he said, adding he's known the family that runs Grocery Outlets Inc. for about 15 years. Had Amelia's actively been looking to sell, he said, it would have sought just such a company as a buyer.
Mitchell's father, Melvin, purchased the outlet in 1989. Its origins date to the former Victor F. Weaver chicken processing plant.
Valuable Seminar on Understanding Financial Statements on Jan. 9
The Harrisburg Regional Chamber and CREDC is hosting a seminar to help business owners better understand financial statements. The event takes place on January 9 and begins at 8:30 a.m. The cost is only $15/participant.
Register online at www.harrisburgregionalchamber.org.
Senator Brubaker Recognizes B.R. Kreider & Son on 75th Anniversary!
(From B.R. Kreider & Son, Inc. -- December 19, 2011)
Senator Mike Brubaker and assistant Jennifer Frees presented a congratulatory document to the family/owners of B.R. Kreider & Son, Inc. in honor and recognition of 75 years in business and our recent family succession into the fourth generation. Third & Fourth generation and acting President were present for photos.
Senator Brubaker was given a brief tour of the facility and services of the business,
B.R. Kreider & Son, Inc. celebrates 75 years of service as a family-owned business, currently operated by the fourth generation, a partnership of cousins. As a premier excavating and paving contractor the company employs over 160 persons, offering commercial, industrial and residential services, including site management, excavating, paving, underground utilities, environmental solutions, storm water management and recycling services.
Photo Caption:
Senator Michael Brubaker, Michael Fecik, Brent Kreider
November 2011
Fulton selects High to manage HQ expansion
November 22. 2011, By Tim Stuhldreher, Central Penn Business Journal
High Real Estate Group will oversee the expansion of Fulton Financial Corp.'s headquarters in downtown Lancaster, the bank holding company said on Monday.
As owner's representative, East Lampeter Township-based High will manage all aspects of the project, Fulton said. Though Fulton itself has supervised construction work, it "felt that it was prudent to select an owner's representative that has more extensive experience in the development and management of multi-faceted projects," the company said in a statement.
Fulton last fall announced it had purchased two properties adjoining its headquarters at Penn Square: a vacant building at 23 E. King St. and a parking lot at 22 E. Grant St. Fulton plans to raze the building and build an environmentally friendly multi-story annex to its headquarters on the combined lot. The project will house about 225 employees, Fulton said.
Fulton next will select an architect and contractor, the company said. Project costs have not yet been determined, it said.
Fulton is the holding company for several community banks, principally Fulton Bank, which has more than 110 branches in Delaware, Pennsylvania and Virginia. Fulton Financial's shares trade on the Nasdaq under the ticker symbol FULT.
October 2011
Brent Kreider of BRK Named Forty-Under-40 Winner
Congratulations to B.R. Kreider & Son, Inc.’s Brent R. Kreider who recently received a “Forty Under 40” award from Central Penn Business Journal’s Class of 2011 recognizing the achievements of 40 individuals under forty years of age.
Award nominations were based on three areas: excellence in business, commitment to community and professional achievement.
Brent is a graduate of Millersville University and has developed his career in the family business and currently serves as vice president of operations and co-owner of the 75-year-old company. He also commits his time to family, church, community and serves on the board of Black Rock Retreat Christian Camp.
On behalf of the entire “family” at BRK we are proud to have Brent as a member of our team!
B.R. Kreider & Son, Inc. is a premier excavating and paving contractor based in Manheim, Pa., serving Lancaster and the surrounding counties. The company employs over 160 persons, offering commercial, industrial and residential services, including site management, excavating, paving, underground utilities, environmental solutions, storm water management and recycling services.
By Holly White, Central Penn Business Journal, October 07. 2011
Ernest O. “Mike” Horn III is retiring after 45 years with Pennfield Corp. in Lancaster County, the company announced today.
Horn has worked in every part of the animal food manufacturing company during his time there. He will continue to serve on the board of directors and will advise Arnold Sumner, who will assume the roles of CEO and president on Nov. 7.
Sumner brings 30 years of industry experience to the company, including executive roles at California-based Moark LLC and Agribusiness & Food Assoc. in Nebraska.
East Hempfield Township-based Pennfield manufactures dairy, equine and poultry feeds.
Lobar to build Chester Army Reserve Center expansion
By Tim Stuhldreher, CPBJ, October 05, 2011
Dillsburg-based construction firm Lobar Inc. received an $18.4 million contract to design and build facilities at an Army Reserve Center in Chester County, beating nine other bidders, the U.S. Department of Defense said this morning.
The project description calls for a training center, a maintenance shop and storage and parking areas. The additions will roughly double the space at the Edgmont Township site, according to published reports.
The U.S. Army Corps of Engineers is handling the contract, the Defense Department said. Lobar is to finish the project by August 2013.
August 2011
Top 100 2011: Technology keeps D&H in the future
Location: Harrisburg
Industry: Distribution
Three-year growth: 35.1 percent
D&H Distributing Co. gets through the difficult times by always keeping its eye on the future, particularly the technologies that shake up markets and change buying habits. And when the going gets tough, its staff falls back on their passion for hard work and play to get them back to the future.
Our Background
Previous Jobs:
Michael: I started as a tax attorney and worked for Arthur Anderson. Fortunately, D&H was in my destiny. It was a good experience to work with large corporate entities and the backroom strategy. We graduated with business degrees from the Wharton School at the University of Pennsylvania in Philadelphia, but that doesn't teach you everything. You get street smarts by working and doing.
Dan: I started in retail in New York City. It was good background experience for all aspects of business management.
Our Company
Its origins: D&H, an employee stock option company, was started by David Schwab 93 years ago as a tire wholesaler. The company got into consumer electronics when the first radio came out. In the 1970s and '80s, D&H was the largest distributor of RCA TVs and Whirlpool appliances in the U.S. From being a regional distributor led by Izzy Schwab, D&H moved into being a national distributor of computer products and consumer electronics in the '80s and '90s.
Why it's growing:
Dan: Whether it's a recession or a growth spurt, staying true to your values: a long-term mentality, focus on the co-owners and motivating them, constantly reinventing yourself from the customer and product standpoint so that you're always moving forward.
Michael: Like (billionaire investor) Warren Buffett says, "Buy when everyone else is selling and sell when they're buying." We take a similar approach. When everyone else was hunkering down, we said increase marketing, increase the 401(k) match to co-owners. Let's power through a difficult economic time. We've been there, done that, through the Depression, two world wars, the Agnes floods. It's not easy, but it doesn't overwhelm us when we have things we can't control.
How We Work
Where we get inspiration:
Michael: My motivation to put ?in time is all relative to our 1,000 ?co-workers. I feel responsible to them. If I ask them to work hard, I should work as hard or harder.
Dan: The passion for the business. We all believe in working hard, playing hard. Our passion is the primary motivation and very fulfilling.
What we lose sleep over:
Dan: I think about the responsibility. We've been successful over the past decade, and ensuring the future success is a big responsibility. But I've got three kids, so I have no problem falling asleep at night.
Michael: All the challenges the U.S. economy faces: unemployment, lack of jobs, slow growth. I'm more concerned about that macro view.
The best part of our jobs:
Michael: That we're providing an income for hundreds of families. We're providing valuable service for customers. It's great to pick up a paper and read names of clients like Lenovo, Cisco, HP and see them successful.
Dan: It's the focus on the technology. We're always looking for those fun, ?new technologies that are disruptive. That's always fun.
The worst part of our jobs:
Michael: All the compliance requirements at the local, state and federal levels. All the form completion that's necessary to meet regulations. It's more time-consuming and it's not productive, even for new companies.
Dan: Not enough hours in the day. We're always time-poor. There's always more to do and not enough time. I'd like to spend as much time with co-owners as possible, but there's not enough time for that with all the other responsibilities.
The future will bring:
Michael: My hope for the future is that Pennsylvania has the ability to retain the next generation of workers. This area has such great work ethic. There are people spending their entire career here and we want to find that in the next generation, too.
Dan: Continued growth. We need to get bigger and scale our culture. As you get bigger you have to work harder to maintain that fun atmosphere and continue looking to the future.
Top distribution companies
- D&H Distributing Co. Inc.: $2.57 billion
- The Wolf Organization Inc.: $165 million
- Schaedler Yesco Distribution Inc.: $102 million
- Yale Electric Supply Co. Inc.: $85 million
August 2011
East Cocalico Gives Amelia's Extension on Plan
August 2011
|
|
Build Your Ownership Team for the Long Term: A Multi-Generation Family Business Retreat |
||
Relationship and communication expert Dr. Steve Treat of the Council for Relationships, an ordained minister and senior therapist, will facilitate a Senior Generation/Successor Generation Retreat on October 13 & 14, 2011. The retreat will include teaching and break-out sessions--even sessions on Thursday night to include spouses. All totaled, twelve hours of coaching over two days aimed at helping family business families engage in constructive dialogue, manage conflict, and improve communication within the ownership team.
|
|||
July 2011
|
SCHAEDLER YESCO IS ONE OF THE TOP 50 FASTEST GROWING COMPANIES IN THE REGION FOR THE FOURTH TIME |
|
|
Harrisburg, PA – Schaedler Yesco Distribution, Inc. (SYD) was recently named as one of the Top Fifty Fastest Growing Companies, an award program designed to recognize and honor businesses that have made significant contributions to growth, strength, and success of the Central PA region. This is the 4th time that Schaedler Yesco has achieved this milestone. In order to be eligible for consideration, companies were required to show revenue of at least $500,000 in each of the fiscal years ending 2008, 2009 and 2010, as well as revenue growth in 2010, as compared to 2008. For-profit entities (public or private) that are headquartered in Adams, Cumberland, Dauphin, Lancaster, Lebanon, Perry or York County were eligible for nomination. The presenting sponsor of the program, SF&Company, calculated the nominations and then ranked the companies according to revenue growth over the three-year period. Both dollar and percentage increases were taken into consideration. This ranking formula led to the list of winners. "We decided a number of years ago that a diverse growth strategy would be our best path forward. Our success has come from expanding our talent pool with aggressive hiring and through acquisitions, pursuing new customer types and by adding new locations and expanding our geographic reach," states President Matt Brnik. Schaedler Yesco, and the other 49 winners, will be honored at an awards breakfast on Friday, September 16, 2011, where their ranks will be revealed. The event will also feature a keynote speech by Sal Fazzolari, chairman, president and CEO of Harsco. A complete, ranked list of honorees and profiles of each company and their financial growth will be published in a special supplement to the September 23 issue of the Central Penn Business Journal. Schaedler Yesco offers a full line of inventory, service and training solutions in the Pennsylvania market. Their unique approach to the marketplace provides customers with solutions not typically found at traditional electrical distributors. |
June 2011
S. Dale High Center Announces 2011-12 Breakfast Seminars:
Thursday, September 22, 2011, 8:15 to 11:00 a.m.
"The 2020 Workplace"
Presented by Jeanne Meister, leading edge thinker, researcher and author
- Attracting, developing and retaining talented employees
- Preparing for inevitable HR challenges such as changing demographics; five generations of employees by 2020
Thursday, November 17, 2011, 8:15 to 11:00 a.m. 
"Understanding Your Estate Planning Options"
Presented by Barley Snyder Attorneys at Law and Clermont Wealth Strategies
- Untangling the estate planning puzzle by clarifying the key challenges and defining major options available
- Creating an estate planning process that brings your family closer together
Thursday, January 19, 2012, 8:15 to 11:00 a.m
"Maximizing Shareholder Value: Essential Steps for Building Ownership Wealth and Family Harmony"
Presented by Scott Heintzelman, CPA, partner at McKonly & Asbury
- Creating ownership value every year
- Measuring this value and communicating with your fellow shareholders in ways that builds commitment to the future
Thursday, March 22, 2012, 8:15 to 11:00 a.m.
"Think Like an Entrepreneur to Expand Your Business"
Presented by Jay Goltz, an entrepreneur who owns five businesses, a columnist for Fortune Magazine and New York Times
- Evaluating new business opportunities and creating excellence within your current business units.
Thursday, May 10, 2012, 8:15 to 11:00 a.m.
“Developing the Next Generation of Leaders”
Presented by Phil Clemens, Chairman and CEO of the Clemens Family Corporation
- Creating strategies that motivate and mentor high potential leaders in your organization
- Making the tough decisions required for a successful leadership transition while maintaining family unity
Broken valve in Berks County Services Center causes serious damage |
|
|
But building crews including High Center member Compleat Restorations get high marks for their swift response...
|
May 2011
March 2011
February 2011
Certified Carpet picks up a piece of Wheatland Shopping Center - Longtime tenant buys the western third of the Columbia Avenue shopping center
Intelligencer Journal - Lancaster New Era Updated Feb 04, 2011 19:55 By TIM MEKEEL, Staff Writer
The owners of Certified Carpet love their Wheatland Shopping Center location. It's convenient. It's highly visible. And now it's theirs. The Legensteins have bought the western third of the center, including their 1855 Columbia Ave. site, for $2.6 million, courthouse records show. They bought it from local physicians Dr. James P. Argires and Dr. Daniel C. Good, who bought the center in 1984 and retain ownership of the east side. "We're happy that we now control where we are," Walt Legenstein, Certified Carpet chairman and chief executive officer, said. Legenstein and sons Tony (president), Joe (vice president) and Mark (vice president) formed Legs Realty to buy the parcel Jan. 26.
The western side, comprising 31 percent of the center, is anchored by Certified Carpet's 17,000-square-foot space. There it operates under the Certified Flooring and Certified Carpet Cleaning banners. Also located in that fully occupied western portion is Sherwin-Williams, M&T Bank, Finch Jewelers and a T-Mobile transmission tower. There's no room on the tract to construct additional buildings, Legenstein said. Certified Carpet was founded in 1949 on West Grant Street by the late Wilbur Smith. It became an original tenant of the East Hempfield center when it moved there in 1960 with 14 employees.
Legenstein joined Certified Carpet as manager in 1969. He bought the business in 1980. It now has 55 employees. Legenstein said he's been talking to Argires and Good about acquiring Certified Carpet's end of the property for 15 years. "We're very happy with the outcome," he said. "When you do this, you fix your expenses, you protect the equity in your business, you protect all the jobs here. "We're controlling our destiny, relative to real estate."
The Legensteins — whose business provides carpet cleaning, floor mat service and residential and commercial flooring — like both the inside and outside of that real estate. Internally, they've made substantial investments in developing a customized carpet-cleaning facility there, one of the few in the nation. Externally, they've got a highly visible spot on a high-traffic road. "We love Columbia Avenue," Legenstein said. "It has a tremendous traffic count. It's a great place for a business. It's close to everybody."
Financing for the acquisition came from Fulton Bank and the Small Business Administration's 504 program, obtained via EDC Finance and South Eastern Economic Development Co.
The eastern two-thirds of the Wheatland center has seven tenants, including Empire Beauty School, Dollar General, Hong Kong Garden and Whallon's, another original occupant.
January 2011
Schaedler Yesco Announces Management Appointments
Harrisburg, PA – Schaedler Yesco Distribution, Inc., recently announced the appointment of Cliff Hoff as Manager of their Inventory Management Solutions (IMS) Team. His responsibilities include business development and implementation of inventory management for onsite facility programs and jobsite projects. Cliff, formerly IMS Team Leader, has been with Schaedler Yesco for 25 years and brings a versatile customer service background to his new position. He lives in the York County area with his wife and daughter and enjoys golf and softball in his free time.
Farrah Mittel, formerly Quality Administrator and Government Business Development Specialist, was appointed as Marketing Manager. Her responsibilities include creating Schaedler Yesco’s marketing strategy through market analysis, sales, advertising, and promotion. Farrah is a graduate of Penn State University and resides in the York County area with her husband. She enjoys crafts and traveling in her free time.
Schaedler Yesco offers a full line of inventory, service and training solutions in the Pennsylvania market. Their unique approach to the marketplace provides customers with solutions not typically found at traditional electrical distributors. Schaedler Yesco Distribution is a leading electrical, lighting, datacomm, and industrial supplies distributor and has provided service to Central PA since 1924. With corporate headquarters in Harrisburg, Schaedler Yesco also has locations in York, Lancaster, Lebanon, Chambersburg, Williamsport, Pocono Mountains, Gettysburg, New Oxford, St. Marys, State College, Indiana, New Kensington, Pittsburgh, Wilkes-Barre, and Towanda with an additional location to open in Scranton later in 2011. Learn more about Schaedler Yesco by visiting www.sydist.com.
Leadership Transition Panel Offers Benchmarking for Succession Strategies
(Elizabethtown, PA) – Family business leaders and successors can benchmark their leadership succession strategies during a “Leadership Transitions” Panel to be presented on Thursday, January 20, from 8:15 to 11 a.m. at Elizabethtown College. The breakfast seminar is part of the educational series offered by the S. Dale High Center for family businesses in Central Pennsylvania. Guest family businesses who have not attended a seminar are invited to attend as guests of the Center.
The panel with diverse family business experience includes Philip A. Clemens, Chairman and CEO of the Clemens Family Corporation of Hatfield; Tony Martin, Vice President of Business Information Systems at Martin’s Famous Pastry Shoppe, Inc., of Chambersburg; Dana Chryst, CEO/Owner of The Jay Group of Lancaster, a marketing fulfillment company; and Matthew Diller, General Manager of Precast Systems, LLC, in Greencastle, and a 2009 Elizabethtown College graduate.
The event will be moderated by the Executive Director of the S. Dale High Center Michael N. McGrann.
“This panel provides the ideal opportunity for family business owners and successors to gauge their progress with their own leadership succession plans and strategies,” said McGrann.
Participants will discuss leadership and their views on leadership transitions. The presentation will include their experiences and varied expectations and results regarding leadership transitions in their companies, what processes and best practices they have or are employing, and how their family business prepared employees and customers, other family members, and themselves for transitioning senior and executive leadership.
The seminar series is for family- and closely-held businesses only and will be held from 8:15 to 11 a.m. in the Susquehanna Room of Myer Hall at Elizabethtown College. Registration is required by January 13. Call 717-361-1275 to RSVP or contact the Center at FBC@etown.edu.
He's on a roll
Certified Carpet vinyl flooring installer gets his knee pads on wheels into some Lowe’s stores.
Sunday News Jan 08, 2011 17:52 By PAULA WOLF, Staff Writer
"Patience is a virtue," goes the old adage. And Mark Legenstein is nothing if not patient. Determined, too. Five-plus years after introducing his Knee Blades at a Baltimore trade show, he finally has gotten them on a major retailer's shelves. Knee Blades — shock-absorbent kneepads on rollers — are now available at 300 of Lowe's 1,720 home-improvement stores nationwide. Those include its store at 25 Rohrerstown Road but not its 1845 Hempstead Road location. Seeing his Knee Blades on the local store's shelves at last was an emotional moment for the persistent inventor. "It was awesome," Legenstein said. Read more: http://articles.lancasteronline.com/local/4/335081#ixzz1Al2nsWpS
High Steel Structures receives a $21 million contract
CPBJ Daily Tuesday, January 4, 2011 10:57 AM By Paula Holzman
Lancaster County-based High Steel Structures Inc. has received a $21 million contract to help replace a Ohio River bridge that connects Indiana and Kentucky.
High will fabricate 8,165 tons of structural steel for the Milton-Madison Bridge, which will take the place of an 81-year-old structure.
Officials broke ground Nov. 30 on the $103 million project, which is set for completion in September 2012.
High Steel is a subsidiary of East Lampeter Township-based The High Cos.
December 2010
SCHAEDLER YESCO AWARDED LOTS ON STATE MRO CONTRACT
HARRISBURG, PA – Schaedler Yesco Distribution (SYD) is pleased to announce that it has been awarded the Commonwealth of Pennsylvania’s Maintenance, Repair and Operations (MRO) Materials Contract. As a result of this award, SYD will act as the sole supplier of electrical and Sylvania lighting products to all agencies located throughout the state.
Schaedler Yesco has been a quality supplier to the Commonwealth of Pennsylvania for many years and is committed to being a first-class supplier. SYD’s Government Team is a cohesive, knowledgeable group of experienced professionals dedicated to providing excellent customer service and assisting the state in achieving an overall reduction in spend without having to sacrifice the quality of products needed to get the job done.
Schaedler Yesco Distribution is a leading electrical, lighting, datacomm, and industrial supplies distributor and has provided service to Central PA since 1924. With corporate headquarters in Harrisburg, SYD also has locations in York, Lancaster, Lebanon, Chambersburg, Williamsport, Pocono Mountains, Gettysburg, New Oxford, St. Marys, State College, Indiana, New Kensington, and Pittsburgh. In 2011, three additional locations will be opened in Towanda, Wilkes-Barre, and Scranton. Learn more about Schaedler Yesco by visiting www.sydist.com.
Schaedler Yesco Announces Management Appointment
Harrisburg, PA – Schaedler Yesco Distribution, Inc., recently announced the appointment of John Rambler as Manager of Industrial Automation Group.
John has assumed responsibility for managing the Industrial Team Members in our Northern and Southern Regions of Pennsylvania. His additional duties include technical support as well as growing sales for Schaedler Yesco.
“The automation business is critical to our overall company performance. In order to better support our short and long term growth goals, we implemented this change to the Sales Team”, stated Kurt Suchar, Vice President of Sales.
John lives in the York County area with his wife and daughters. He enjoys golf, hunting and restoring classic cars and trucks.
November 2010
Daflure to merge with, acquire O.L. Jacobs’
By Eric Veronikis, Central Penn Business Journal
New Cumberland-based mechanical contracting company Daflure Heating, Cooling and Solar is merging with long-time midstate mechanical contractor O.L. Jacobs’ and Sons Inc. and plans to acquire O.L. Jacobs’ through a long-term agreement.
Daflure today announced the closing of the deal. The merger will give Daflure a stronger market presence and add more commercial services to its roster, company President Justin McClure said in a statement.
Daflure will continue to operate under its name at its New Cumberland location at 22 8th St. O.L. Jacobs will move from its Lower Allen Township location to the Daflure site on Dec. 15. O.L. Jacobs’ 12-person staff has been offered jobs with Daflure, according to the company. O.L. Jacobs’ owner Ray Jacobs will become vice president of the merged company, according to Daflure.
October 2010
YC Supply is part of West York-based York Corrugating Co., which includes YC Precision Fabrication. York Corrugating will continue to operate YC Precision Fabrication, as well as distributing industrial products.
APR is a distributor of HVAC and plumbing products and supplies. YC Supply, which has locations in Gettysburg, Harrisburg, Shrewsbury and York, is a plumbing, heating and air conditioning wholesaler.
APR is not laying off anyone as a result of the deal, and offered positions in the combined company to YC Supply’s entire 34-person staff, Weaver said. About 90 percent plan to accept, bringing APR’s staff to about 210 people, he said.
“The end result is APR Supply has grown 20 percent overnight in sales volume,” Weaver said. “That puts us at 35 percent growth for the remainder of this year and next year.”
YC has a larger facility in the Harrisburg area than APR, so the company is shuttering the latter and moving into YC’s building, Weaver said.
Conversely, APR has a larger facility in Gettysburg than YC, so the companies will consolidate into the former.
The companies’ York and Shrewsbury locations will remain unaffected, he said.
|
New "Bricks to Clicks" E-Commerce Workshop
|