Experts: Companies can’t stand still on health care

Despite the summer’s debate in Congress, area human resources consultants say employers must hold the course on the Affordable Care Act.

At the same time, they said employers can’t stand still in the face of rising costs.

The Senate failed to pass legislation to repeal or reform the act, known as “Obamacare,” earlier this year.

That means the act and its provisions still stand.

Congress is scheduled to come back into session in early this month, but HR consultants say employers must proceed with the law as it is while looking to contain costs and help their employees.

Walter Lachenmayr of HR Deptartment LLC has decades of HR experience working for companies like Staples, Honeywell and Mack Trucks. The Hagerstown, Md.-area resident has been a consultant for about seven years. […]

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Beacon Grace consulting firm debuts new product

HAGERSTOWN, Md. — Beacon Grace LLC, a technology, consulting, and professional services firm, has launched an executive-level operational assessment tool for manufacturers, distributors and retail organizations. The Beacon Operational Health Assessment is a proprietary 26-point measurement and evaluation tool that gives executives, investors and third parties valuable information for strategic planning and investment decisions. Customers may choose from four package options. For more information, visit www.beacongrace.com. […]

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Shippensburg University

SHIPPENSBURG, Pa. — The Shippensburg University Council of Trustees on June 9 elected a slate of new officers, including Jeffrey W. Coy, chairman; Andrew M. Paris, vice chairman; and L. Michael Ross, secretary. A Shippensburg native, Coy previously served on the council of trustees from 1975-1982, including serving as chairman for three years, and the State System Board of Governors from 1985 to 2005. He has received an honorary doctorate in public service and the Distinguished Alumnus Award from Shippensburg. […]

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Homewood Retirement Centers

WILLIAMSPORT, Md. — Myersville resident has been named president of the Homewood Foundation. Shuman comes to the Williamsport-based Homewood Retirement Centers after serving for 10 years with the Asbury Foundation, the fundraising arm of Asbury Communities, and has 20 years’ experience in the senior-living industry. At Homewood, Shuman will direct the fundraising program that includes direct mail appeals, special events, legacy and planned giving and capital campaigns. The Foundation is also responsible for Homewood’s Benevolent Fund that assists Homewood residents when their personal funds have been depleted. Homewood Retirement Centers owns and operates five full-service retirement communities in Maryland and […]

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ENERGY PAYBACK: Solar incentives vary by state, jurisdiction

Chris Moleskie said going solar has made environmental and financial sense for his business, Wetsuit Wearhouse in Williamsport, Md.

“My goal was net-zero,” Moleskie said, meaning he wanted a solar power system to produce all of his company’s energy needs. […]

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Multimillion-dollar deals in deed transfers

By Chad Trovinger/Graphic Artist

Several large commercial real estate transactions have been closed in recent weeks in the Crossroads area.

The map above shows details about some of the biggest deals, from an $86 million transaction for a building in Frederick to a $1.6 million deal for property in Franklin County, Pa.

The information was taken from records maintained by the Maryland Department of Assessments and Taxation as well as deed records held by county clerks’ offices in Pennsylvania and West Virginia.

The available details about property transactions varies among the states. […]

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City National Bank

CHARLESTON, W.Va. — City National Bank recently announced that Guy Avey III joined the bank as senior vice president and senior relationship manager. Avey joins the commercial lending team in the Eastern Panhandle of West Virginia and will also serve the surrounding areas of Hagerstown, Md., and Winchester, Va. His office will be at City’s office on King Street in Martinsburg, W.Va. Avey earned a bachelor’s degree from West Virginia University and a master’s degree from West Virginia Wesleyan College before studying at the ABA Stonier Graduate School of Banking at Georgetown University. He comes to City with more than […]

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P&G says earnings for quarter, year hold steady

CINCINNATI — Procter & Gamble Co. recently reported results for the fourth quarter and for its 2017 fiscal year. For the April-June 2017 quarter, net sales were $16.1 billion, unchanged versus the same quarter of 2016, including a negative 2 percentage point impact from foreign exchange. Diluted net earnings per share came in at 82 cents, an increase of 19 percent. Core earnings per share totaled 85 cents, an increase of 8 percent. The company generated $3.7 billion of operating cash flow in the quarter. For fiscal year 2017, net sales were $65.1 billion, unchanged versus the prior year, including […]

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Volvo unveils new VNL series

  Volvo Trucks North America recently unveiled its new Volvo VNL series semi tractor. The company says the new series boasts of “cutting-edge innovations in efficiency, productivity, safety and uptime.” The tractor is available in several configurations, including an all-new, 70-inch sleeper. The new VNL series was designed and engineered at Volvo Trucks’ North American technology center in Greensboro, N.C., It will be built at Volvo’s New River Valley assembly plant in Dublin, Va., where all Volvo models for the U.S. are assembled. Volvo engines and transmissions powering each VNL model will be produced at Volvo’s powertrain manufacturing facility in […]

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Shepherd’s new college open for business

SHEPHERDSTOWN, W.Va. — Shepherd University launched its college of business on July 1, offering new opportunities for students and companies   According to a news release from the university, the new college consists of three departments — business administration, economics and finance, and accounting. It will also include the Master of Business Administration program. “One advantage to our students is we can now put in place programs with the integrative and interdisciplinary skills students need in the business world,” Ben Martz, college dean, said in the news release. “Skills such as problem solving, entrepreneurship, creativity, and innovation are critical in […]

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