Lisa Scheid

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Business Trends Reporter at LNP

LNP biz trends reporter, focus on hiring, wages & job opps.❤️tacos, my kids & husband. Can I tour your factory?

Articles

Professor Erin Kraal in her classroom at Kutztown University

1 week ago | wfmz.com | Lisa Scheid

REGIONAL LIVE CAMERAS: Bethlehem: Hotel Bethlehem | Main Street Reading: Penn Street Easton: Downtown Poconos: Jim Thorpe | Stroudsburg Bulletin: ...FROST ADVISORY IN EFFECT FROM 2 AM TO 9 AM EDT THURSDAY... * WHAT...Temperatures as low as 32 will result in frost formation. * WHERE...Portions of northern Delaware, central, northern, andsouthern New Jersey, and east central and southeast Pennsylvania. * WHEN...From 2 AM to 9 AM EDT Thursday.
Here's a look at Sight & Sound's explosive growth over the last 10 years

1 month ago | lancasteronline.com | Mickayla Miller |Lisa Scheid

In the last decade, Sight & Sound Ministries Inc. has expanded its domain well beyond its theater walls in Strasburg and Branson, Missouri. Since Matt Neff and Josh Enck, the sons-in-law of founder Glenn Eshelman, stepped up to lead the company in 2015, Sight & Sound has increased its Lancaster County staff by 60% and extended its reach to a global audience of 4 million people. Sight & Sound is a privately held company that declined to share details of its finances.
Here's how a tax credit for Rock Lititz was created and revised

2 months ago | lancasteronline.com | Lisa Scheid

The tax credit that benefits stars who rehearse at Rock Lititz in Warwick Township like Taylor Swift and Elton John is the result of a law first championed by two Lancaster County politicians - former Republican state Sen. Ryan Aument and Republican House Rep. Bryan Cutler. Originally called the Concert Rehearsal and Tour Tax Credit, the Rock Lititz tax break was tucked into the 2016 state budget with a host of other new tax breaks.
Here's who benefits from tax credits at Rock Lititz besides celebrities

2 months ago | lancasteronline.com | Lisa Scheid

In 2023, Elton John’s production company, J. Bondi, sold a $1.565 million tax credit it received for holding its Farewell Yellow Brick Road rehearsals at Rock Lititz. A subsidiary of Erie Insurance paid $1,443,712 for Elton John’s tax credit to offset its Pennsylvania Insurance Premium tax, in effect netting $121,288, according to state records obtained by LNP | LancasterOnline.
Taylor Swift, Metallica and Ariana Grande are some of the artists who got Rock Lititz tax credits

2 months ago | lancasteronline.com | Lisa Scheid

Billionaire pop star Taylor Swift's production company received $2.8 million in tax credits from the state of Pennsylvania through one of the only places in the U.S. that can help it prepare for a major tour: Rock Lititz in Warwick Township. Here’s only one way Swift’s Tennessee-based production company, Firefly Entertainment, could get that break on its potential Pennsylvania tax bill: rehearse at Rock Lititz, the only place in the U.S. built expressly for highly technical stadium shows.
AHF Products CEO Brian Carson resigns

2 months ago | mahoningmatters.com | Lisa Scheid

AHF Products has announced the immediate departure of president and CEO Brian Carson, who led the company since 2019 shortly after it began as a small, wood-flooring spinoff from faltering, iconic and now defunct Lancaster County-headquartered Armstrong Flooring. West Hempfield Township-based AHF Products said Brent Emore, AHF's chief financial officer, will assume the role of Interim CEO, effective immediately. AHF is privately held by Texas-based Paceline Equity Partners.
Lancaster-based Finanta gets $15 million donation to expand unique credit union

2 months ago | mahoningmatters.com | Lisa Scheid

Lancaster-based Finanta, formerly Community First Fund, has received a $15 million donation that will expand Finanta's unique credit union focused on low income minority communities to Reading, Allentown and Philadelphia. The donation is from MacKenzie Scott, a writer and philanthropist who was formerly married to Amazon founder Jeff Bezo, said Finanta CEO Dan BetancourtIt is Scott's second donation to the organization, a rare move. All told she has given $25 million to Finanta.
AHF Products CEO Brian Carson resigns

2 months ago | lancasteronline.com | Lisa Scheid

AHF Products has announced the immediate departure of president and CEO Brian Carson, who led the company since 2019 shortly after it began as a small, wood-flooring spinoff from faltering, iconic and now defunct Lancaster County-headquartered Armstrong Flooring. West Hempfield Township-based AHF Products said Brent Emore, AHF's chief financial officer, will assume the role of Interim CEO, effective immediately. AHF is privately held by Texas-based Paceline Equity Partners.
Lancaster-based Finanta gets $15 million donation to expand unique credit union

2 months ago | lancasteronline.com | Lisa Scheid

Lancaster-based Finanta, formerly Community First Fund, has received a $15 million donation that will expand Finanta’s unique credit union focused on low income minority communities to Reading, Allentown and Philadelphia. The donation is from MacKenzie Scott, a writer and philanthropist who was formerly married to Amazon founder Jeff Bezo, said Finanta CEO Dan BetancourtIt is Scott's second donation to the organization, a rare move. All told she has given $25 million to Finanta.
Developer of unfinished hospital at the former Stockyards faces lawsuits [Lancaster Watchdog]

2 months ago | lancasteronline.com | Lisa Scheid

Editor's note: This story has been updated to reflect the correct debtor at 100 N. Queen St. is Essam Abadir, of Brook Farms Development LLC, not Robert Redcay of Brook Farms Development II, LLC. The developer of the $45 million unfinished hospital at the former Stockyards has lost its tenant and is facing lawsuits seeking more than $1 million in payments.