February 19, 2014 |
Marilyn Allena values faith, Catholic education, and the quiet of country living. All three drove Allena, 54, to recently enroll her fourth-grade son and seventh-grade daughter at St. John the Baptist School in Ottsville, Bucks County. "I feel St. John's is absolutely the right school for them," Allena said. "I don't know what I would do if they said they were considering to close. " Two years ago, St. John's was indeed slated to close, one of more than four dozen schools targeted as the Archdiocese of Philadelphia sought ways to save money and consolidate shrinking schools.
October 7, 2013 |
Developer Ken Weinstein has a knack for finding opportunities in places where others see none. Upper Darby and Norristown, to name two suburban locations, as well as city neighborhoods. In 2009, Philadelphia-based Weinstein and business partner Stan Smith paid $1.1 million for the 84,000-square-foot former Verizon Corp. building across from the Upper Darby Township building. They rehabbed it for offices as 7200 Chestnut. In Norristown, Weinstein's firm, PhillyOfficeRetail, is completing work at 317 Swede St., across from the Montgomery County Courthouse, and commercial space at 401 DeKalb St., in the county seat's reemerging business district.
August 29, 2011 |
Chuck Matasic gently squeezed the trigger, releasing an arrow that streaked across the warehouse at 330 feet per second before piercing the center of a bottle cap. His target was just eight yards away, the demonstration of his crossbow's accuracy limited by the size of his company's tight headquarters near West Chester. Matasic offered assurances that he would have achieved the same dead-on results from 40 yards out. Hitting his business target might not be as easy. His plan is to take his crossbow-manufacturing company, Kodabow, which made its first sale about a year ago, from relative obscurity to sales of $30 million to $40 million within five years.
July 22, 1988 |
Catalyst Energy Corp., the parent company of the firm that runs the Center City steam loop, agreed yesterday to a $202.5 million buy-out offer from the son of T. Boone Pickens, the Texas oilman and corporate takeover specialist. Thomas B. Pickens 3d signed an agreement with Catalyst, of New York, to acquire the approximately 18 million outstanding shares of Catalyst for $11.25 a share. Pickens formed a new company, Merrimac, for acquiring Catalyst's stock and taking the company private.
October 2, 2012 |
Growing a tree-service business that now has more than $1 million in revenue and is on the verge of something way bigger - becoming the first U.S. franchise of its kind - is not at all what Josh Skolnick had planned when he responded to a call for help four years ago. Skolnick was just doing a favor for a frantic father of young girls when the Fort Washington native responded to a request in June 2008 to take down a dead elm. Back then, trees...
July 20, 2012 |
Several years ago, when the Franklin Institute began visualizing an expansion, planners became captivated by the lovely symmetry they could achieve if they only had a brain. The science museum's room-size heart - and, later, its transplant successor - not only connected to contemporary quantum leaps in understanding of the human body, but had also become a beloved landmark (if the term can be applied to a severely enlarged organ). The Giant Heart is reliably instructive in matters of blood transport.
November 15, 2013
D OUG BALDASARE, 29, of Rittenhouse Square, is CEO of ChargeItSpot, a startup he founded on Arch Street near 17th that enables shoppers to charge cellphones for free. The company, launched in August 2012, has phone-charging kiosks in Pennsylvania and five other states. Q: How did you come up with the idea for ChargeItSpot? A: I was with friends in Miami in 2011 and all of us had forgotten to charge our phones overnight and we were splitting up and wanted to stay in touch.
November 20, 2009 |
Jennifer Zoga and Liz Bales tried to follow all the right steps when they started their new business in Chestnut Hill. They put together a business plan, found a location on a busy street, and lined up the necessary financing. But they didn't count on getting kneecapped by petty Philadelphia politics. Their story is a cautionary tale for anyone who wants to start a small business in this city. Zoga and Bales, two smart moms who live in Chestnut Hill, spent a couple of years planning Good Food Market, an upscale shop that sells prepared foods and caters to other busy neighborhood families.
June 12, 2012 |
H.F. "Gerry" Lenfest, fresh from the successful opening of the Barnes Foundation gallery on the Benjamin Franklin Parkway - where he was a key supporter of the foundation's move from the suburbs to the city - has now focused his financial energy on building a new history museum near Independence Mall. At a news conference Tuesday, the American Revolution Center is expected to unveil New York architect Robert A.M. Stern's design for a new Museum of the American Revolution at Third and Chestnut Streets, and in support of the push for the museum, Lenfest will announce a $40 million challenge grant.
September 15, 1994 |
Woodward & Lothrop, the Washington parent of Philadelphia's John Wanamaker stores, presented its creditors with a five-year business plan that projects modest sales increases and lower expenses. The business plan, detailed in New York on Tuesday, outlines how the company intends to operate after emerging from bankruptcy. Woodward & Lothrop filed for protection from its creditors in January and expects to complete its bankruptcy reorganization in the spring.. "Overall, the business plan was well-received," Robert Mang, chairman of Woodward & Lothrop, said yesterday.