Brandywine Hospital Open House Raises Awareness about Mental Health  

In an attempt to raise awareness about mental illnesses and the resources available to combat them in Chester County Brandywine Behavioral Health welcomed local residents, professionals, and officials to its Open House on October 20th.

The visitors were taken on a tour of the hospital’s 64-bed Behavioral Health Pavilion and were introduced to the new Vice President of Behavioral Health, Jayne Van Bramer. Van Bramer has worked on creating a therapeutic environment and improving access to care through a more streamlined patient intake process since she started at the position in August.

“These enhancements are designed to improve access to behavioral health resources in our community and prepare our caregivers to respond quickly to our patients’ needs,” said Van Bramer. “We help individuals in our care identify their talents, find their passion and be defined by their strengths rather than their illness.”

AMETEK Announces a Mostly Positive Third Quarter

AMETEK, Inc. has reported its financial results for the third quarter ending September 30 with slightly lower sales but show solid gains in operating margins and record EPS.

Sales for the third quarter for the Berwyn based company were three percent lower at $1.0 billion from the same quarter of last year. However, operating income increased by 3% to $237.6 million in part driven by a strong operating margin which was up at 23.8 percent. The company’s diluted earnings per share hit a new record up 5 percent at $0.65.

“I am very pleased with AMETEK’s solid performance in the third quarter.  Although the global economic environment remains challenging, we continue to deliver strong improvements in our operating margins and diluted earnings per share through the execution of our Four Growth Strategies,” said Frank S. Hermance, AMETEK Chairman and Chief Executive Officer.

Triumph Group Beats Second Quarter Earnings Expectations

On Wednesday Triumph Group Inc. announced its second fiscal quarter results with a strong profit of $61.6 million.

The Berwyn based company also reported that its net earnings per share was $1.25, while its earnings, when adjusted for non-recurring costs, climbed even further at $1.32 per share.

These results beat Wall Street’s expectations, as the average estimate from the nine analysts surveyed by Zacks Investment Research predicted earnings of only $1.24 per share. However, the second quarter revenue the aircraft supplier was lower than expected at $954.8 million, falling short of the market consensus which was expecting to see closer to $985 million.

“Triumph’s adjusted second quarter earnings were in line with our expectations,” said Richard C. Ill, Triumph’s President and Chief Executive Officer. “The Aerospace Systems Group and the Aftermarket Services Group sustained strong operating margins in spite of a decline in sales.”

Tredyffrin Wins Planning Excellence Award for Public Outreach

The Pennsylvania Chapter of the American Planning Association held its Annual Awards Luncheon as part of its annual conference held on October 20th in Pittsburgh. The event hosted over 300 attendees who gathered to celebrate the award winners of this year’s “highly competitive program.”

Along with its project partners, Tredyffrin Township was presented with the “Planning Excellence Award for Public Outreach”. The award recognized its efforts on the “Paoli Road Improvement Feasibility Study & Public Participation Project.”

The now award winning study, which focuses on designing multi-modal transportation and streetscaping solutions for downtown Paoli, “involved a remarkable level of public involvement. Tredyffrin won the award by making sure to take full account of the community’s views, by holding numerous neighborhood, stakeholder and property owner meetings backed up by surveys and a new website to keep people informed.

AmerisourceBergen Reports Excellent Fiscal 2015 Results

AmerisourceBergen has reported strong revenue of $136 billion for fiscal year 2015 ended September 30, with an impressive increase of 13.7%.

In even better news for shareholders, adjusted diluted earnings per share from continuing operations came out at $4.96, which represented an increase of 24.9% compared to last year.  

Revenue for the fourth quarter was $35.5 billion, an increase of 12.3 percent. The growth largely came from an eight percent increase in revenue from AmerisourceBergen Drug Corporation revenue and 24 percent income growth at AmerisourceBergen Specialty Group. Pharmaceutical Distribution also saw increased revenue at $34 billion, which is up 10 percent over the same period last year.

“Our strong performance in the September quarter and excellent results for the fiscal year put us in position to continue to meet our long-term strategic and financial objectives in the years ahead,” said Steven Collis, AmerisourceBergen President and CEO.

‘Hankin Invitational’ Hailed a Success by Handi-Crafters  

Handi-Crafters has praised the 29th Annual Hankin Corporate Golf Invitational as a resounding success, with proceeds from it benefiting Handi-Crafters’ supported employment programs and services.

Held on October 5th at the Whitford Country Club, the corporate golf tournament this year generated an unprecedented $215,000 thanks to the generous contributions from over 90 companies. The tournament quickly sold-out with 57 foursomes entered and a total of 228 golfers playing in two rounds, with international Long Drive Champion, Jeff Crittenden, making an appearance to support Handi-Crafters.

“This tournament has greatly exceeded our expectations,” stated Michael Hankin, Hankin Group’s Chief Operating Officer. “We are very pleased to create awareness for Handi-Crafters through the efforts of the invitational. The tournament would not be possible without the continued support of our generous sponsors.”