Chester County Business Daily News Briefs reviews yesterday’s business stories important to Chester County and beyond.

Mushroom Festival Organizers Distribute $80,000 To Kennett Area Charities

Southern Chester County News reported forty-seven Kennett Square organizations received a total of $80,000 in grants from this year’s Mushroom Festival. Held the weekend after Labor Day, the annual festival now in its 30th year, regularly draws 200 vendors and over 100,000 people.

Since 2000, the report notes, over $700,000 raised by the Mushroom Festival have gone to hundreds of local charities.

This year’s recipients include the Chester County Council of the Boy Scouts of America, Delaware Zoological Society, Friends of White Clay Creek Preserve and Friends of Historic Kennett Square.  A full listing of recipients on Southern Chester County News here.

DNB Financial’s Shares Climb On High Trading Volume

Shares of Downingtown-based DNB Financial Corp (NASDAQ:DNBF) traded up 5.25% on Wednesday, hitting $27.05 with 32,742 shares of the company’s stock trading hands. The uptick follows a 5.18% increase on Monday.  DNB Financial, the parent company of DNB First, is a full service commercial bank providing a range of services to individuals and small to medium sized businesses.  It is one of the companies included in the recently published “Guide to Publicly Traded Companies Headquartered In Chester County.”

Victory Brewing Focus Of National Suds Review

USA Today’s Beer Man Todd Haefer gave Victory Brewing an extended shout out Monday for the company’s Kirsch Gose summer ale release. Writing that he, “normally mixed beer styles and companies in my weekly reviews to provide a good variety,” but that he would make an exception due to the likelihood Kirsh Gose would sell out quickly.

“Such is the case this week with Victory’s Kirsch Gose ale, a sour cherry beer that pulls off the trick of not only being different but also of superior quality. I just reviewed the brewery’s Helles Lager in early April (a must-try for those who like simple but quality lagers), but one sip of its new release and I knew it would not last long on the shelves.”

Beer Man’s full column on USA Today here.

Exton Steel Distributor wins $40 Million Government Contract

TW Metals, an Exton-based metals and steel distributor owned by O’Neal Industries of Birmingham, Alabama, won a lucrative five-year federal contract as a Metals Prime Vendor for Defense Logistics Agency (DLA) troop support.

AL.com reported the Exton-based government business unit of the company will provide a variety of products — pipe and tube, bar and rods, wire, sheet, plate, valves and fittings — to defense-related customers in an eight-state Southeast region, according to a recent statement from the firm. Customers will include the military, other federal agencies and defense contractors.

The firm’s projected revenue could exceed $20 million annually, with a maximum of $40 million.

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Top image courtesy of The Town Dish.