Lower Gwynedd
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Johnson & Johnson Expands its Montco Footprint with $1B Investment
Johnson & Johnson is making another major bet on Montgomery County, writes Harold Brubaker for The Philadelphia Inquirer. The pharmaceutical giant announced plans to invest more than $1 billion to build a new cell therapy manufacturing facility in Lower Gwynedd Township near its Spring House campus. The plant is expected to create about 500 jobs…
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Fast-Growing Lower Gwynedd Brokerage Joins Tampa’s Baldwin Group
A fast-growing Lower Gwynedd insurance brokerage is entering its next chapter after being acquired by a national player, according to Jeff Blumenthal for The Philadelphia Business Journal. Capstone Group has been acquired by The Baldwin Group, a publicly traded Tampa insurance and employee benefits firm. Financial terms of the deal were not disclosed. Founded in…
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Lower Gwynedd-Based Third Arc Bio Raises $165 Million in Funding to Advance Innovative Cancer Treatments
Third Arc Bio, a pharmaceutical tech company based in Lower Gladwyn, has raised $165 million in its first round of funding, reports John George of the Philadelphia Business Journal. According to filings with the SEC, funding was led by Vida Ventures, Cormorant Asset Management, and its founding investor Omega funds, among others. The biotech firm,…
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Montgomery County-Based Developer Hopes to Build Apartments in One of City’s Most Desirable Neighborhoods
Lower Gwynedd Township-based Lark Management wants to build an 87-unit apartment building in one of Philadelphia’s most desirable residential neighborhoods, writes Jake Blumgart for The Philadelphia Inquirer. The building that would be located at the former site of Philadelphia Beer Co., on the border of Fishtown, Port Richmond, and Kensington, would have a 7,781-square-foot commercial…
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Looking to Redo Your Kitchen on a Budget? Turn to the Team at Let’s Face It
When David Cerami started his kitchen and bathroom remodeling business 38 years ago, there was no such thing as cabinet refacing. Today, Let’s Face It is one of the most well-respected companies in the region, refacing hundreds of cabinets in the area each year. What makes them special? They’ve developed a high-quality cabinet restoration process…
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After Three First Dates, Local Couple Finds True Happiness
The third time was a charm for Lower Gwynedd couple Randi and Stephen Freedman, who went on three first dates before realizing they were made for each other, writes Kellie Patrick Gates for The Philadelphia Inquirer. In 2009, both were recently divorced after 20 years of marriage. They both had four children each. Randi, who…
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