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Malvern Soon To Have Nation’s Largest Modern Luxury Theater
The largest luxury movie theater this country has seen in three decades will soon be coming East Whiteland with the October 2015 opening of Cobb Theatres at Uptown Worthington, according to a Daily Local News report. The two-story, 85,000-square-foot cinema palace will feature a first-floor VIP theater and a second-story Cinébistro dinner theater, both with…
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Ticket Company Merger Costs Exton Area 15 Jobs
The merger of two Comcast-Spectacor ticket companies has cost Exton-based New Era Tickets 15 jobs, including the positions of long-time CEO Fred Maglione and Vice President of Finance Daniel Durso, according to a Philadelphia Business Journal report. The firm’s clients will transfer to Comcast-Spectacor’s Paciolan brand, which will continue to operate in Irvine, Calif., with…
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Area Health System CEO Honored For Regional Leadership
An area health care leader was recently awarded for his pioneering advocacy for local health issues and for rallying support around southeast Pennsylvania’s health community. Jack Lynch (above left), president and CEO of Main Line Health based in Bryn Mawr with Chester County facilities in Paoli and Exton, received the recognition from the Hospital and…
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Exton Firm Is Finalist To Redevelop Willow Grove Naval Air Station
The Exton-based Hankin Group has been named one of five finalists competing for the opportunity to redevelop the 862-acre former Willow Grove Naval Air Station. The Hankin Group stood out among the 11 initial applicants based on its “organizational structure and key personnel assigned to the project, experience on similar projects and past performance of…
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Victory Brewing Brands Excel In Philadelphia Mag’s “Beeramid of Excellence” Ranking
Calling Victory Brewing’s Braumeister Pils, the “Best. Growler. Ever.”, Philadelphia Magazine placed six of the Downingtown brewery’s suds in their ranking of the Delaware valley’s top 25 local brews. No other brewer placed more than three brands in the magazine’s ranking. Saying their editorial staff had sampled, then sampled again, all the local brews and…
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West Chester Fund Managers Launch Anti-Big Government Bullying Foundation
While President Barack Obama’s appointee to lead the Federal Energy Regulatory Commission (FERC) remains under fire for his enforcement tactics and the verdict remains out on FERC’s investigation into the local Powhatan Energy Fund LLC, Kevin and Richard Gates, managers of the West Chester-based fund, have started a new anti-bullying foundation to further fight against…
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Local Firms Will Locate In Renovated Wayne Business Complex
Three Chester County businesses recently committed to move to Wayne’s newly redeveloped CrossPoint at Valley Forge business complex. With the addition of leases for law firm Lewis Brisbois Bisgaard & Smith of Berwyn, health management firm Medecision of Chesterbrook and investment firm Conestoga Capital Advisors of Radnor, the 258,000 square feet within CrossPoint’s pair of…
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Berwyn Payday Lender Battles Negative Stock Rating
In the midst of a proposed sale, Berwyn-based payday and pawn shop lender DFC Global Corp. this week disputed a negative stock rating by Institutional Shareholder Services, saying its $9.50-per-share bid from Dallas private equity firm Lone Star Funds is a fair price considering DFC’s dwindling projected earnings and volatility in its key United Kingdom…
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Possible IPO For Radnor Lab Equipment Supplier
Talks between several banks and Radnor-based VWR Funding Inc. could indicate an imminent initial public offering for the laboratory equipment supplier or an outright sale of the company, according to a Wall Street Journal report. The potential IPO is believed to be $750 million, with a total valuation of the business at approximately $4 billion.…
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Inspiring Exton Tech College Pres Touts Vocational Career Opportunities
As if the personal story of a local college president wasn’t inspiration enough, his message to high school graduates in a recent Philadelphia Business Journal Q&A sought to inspire students to pursue cutting-edge auto technician careers. “Don’t just have a positive attitude, have a tremendous attitude,” said Robert Kessler, Exton campus president and regional vice…
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Acme Giving Away $75 For Selfies
Chester County’s neighborhood grocer, Malvern-based ACME Markets, is celebrating summer with a Coca-Cola partnership that will deliver a refreshing, cool $75 gift card every day to a lucky winner who takes a selfie, posts it with the hashtag #AcmeSelfies to their Instagram or Facebook account, and uploads it to acmemarketsselfies.com. The Summer of Selfies campaign…
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Substantial County Population Growth Stands Out Among Philly Suburbs
Chester County’s substantial population growth from April 2010 to July 2013 highlighted the latest U.S. Census estimates for the entire Philadelphia region, according to a report on Philly.com. The burgeoning Chester County communities of Malvern, West Chester, East Brandywine, and West Goshen, along with Bethel and Chadds Ford on the county line, helped drive Philadelphia…
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Malvern’s Vishay Again Tops List Of TTI Suppliers
Malvern manufacturer Vishay Intertechnology, Inc. has won the TTI Global Operations Excellence Award for its top-notch performance in on-time delivery, receiving quality, customer quality, administrative quality, sales support and business systems as a supplier of semiconductors to TTI, Inc. The local company also garnered regional recognition with TTI Supplier Excellence Awards for North America, Europe,…
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Chester County Investors “Exhibit A” In FERC Confirmation Dispute
The story of West Chester twin investors Kevin and Richard Gates was cited as Exhibit A in a U.S. Senate confirmation hearing in Washington DC last week that the RTO Insider said left Federal Energy Regulatory Commission appointee Norman Bay “bruised.” The Gateses, local quantitative investors and mutual fund managers targeted by a Bay investigation,…
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West Chester Manufacturer Acquires Two Australian Sister Firms
Schramm, Inc. of West Chester recently announced it acquired two Australian firms, strengthening its position as a global supplier to the hydraulic drilling industry. Together with the private equity firm GenNx360 Capital Partners, Schramm, Inc. purchased the sister companies Air Drill Hammers and Bits Pty. Ltd. and Air Drill Pty. Ltd., based in Perth Australia.…
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Homegrown Leader Ed Herr Addresses Immaculata Graduates
The homegrown leader of Chester County’s own potato chip giant, Herr Foods Inc., was slated to share a few recipes for success with new graduates of Immaculata University last weekend. For Ed Herr, two of the key ingredients have been a love of honest hard work and a love of people, according to an interview…
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Potatoes Everywhere For Nottingham Snack Food Manufacturer
It takes a nearly endless supply of fresh potatoes to supply Chester County’s popular potato chip maker Herr’s year-round. Nottingham’s based Herr’s Foods produces and markets 340 different kinds of snack foods for retail food outlets primarily east of the Mississippi River including Kmart and Giant. Fortunately, the potato season spans a mere 90 days,…
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West Chester Investors May Oppose President’s Nominee
Despite being Democrats themselves, West Chester twin investors Kevin and Richard Gates are at the center of a campaign opposing President Barack Obama’s choice for the new head of the Federal Energy Regulatory Commission, Norman Bay. The local quantitative investors and mutual fund managers have been the subject of an investigation by Bay, who has…
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