August 8, 2016
Alexandra Ulkus and Andrew Harder June 11, 2016, in Conshohocken Hello there There she was, like most workday mornings: The beautiful woman with the lovely smile who took the same train to Center City and worked one floor above him at PricewaterhouseCoopers. Andy wanted to speak to her - he had wanted to for six weeks - but never had the nerve. The train made its usual screeching stop at Suburban Station and the woman headed for the doors. But this chilly morning in February 2013, a lone glove remained on her seat.
July 12, 2016 |
Back in the 1860s, before there was a Sun Oil Co. , Philadelphia was home to a disruptive, fast-growing petroleum sector, including the industrial-lubricants firm now known as Houghton International Inc. Houghton is still here, along with publicly traded rival Quaker Chemical Co. of Conshohocken. Houghton boss Michael Shannon says they're "like Villanova and St. Joe's," friendly neighborhood rivals. But the business - and its owners - have left petroleum behind and gone profoundly international.
July 2, 2016 |
HealthRight L.L.C., of Conshohocken, has agreed to acquire HealthNext L.L.C., a Philadelphia company that offers employers roadmaps for reducing health-care costs, HealthRight said Thursday. The price was not disclosed, but John Palumbo, chief executive of HealthRight, which provides consumer health services online, estimated the combined value of the two companies at $100 million. Together, the two firms have 200 employees, Palumbo said. He said HealthNext's principals will become part of senior management at HealthRight.
May 25, 2016 |
Commercial real estate services firm Marcus & Millichap is moving its main Philadelphia office from Conshohocken to Center City, where it will lease 10,000 square feet in the One Commerce Square building at 2005 Market St. The Calabasas, Calif.-based company, which is vacating an 8,700-square-foot space in Conshohocken, will also open a new 2,100-square-foot office at 308 E. Lancaster Ave. in Wynnewood, it said in an e-mail Monday. The expansion will allow the company to boost its head count from 60 to about 100 staffers.
May 21, 2016 |
Public relations and advertising firm DDCworks has moved its headquarters from Conshohocken into a 5,000-square-foot space in the Cast Iron Building at 718 Arch Street, the company said Thursday. The 48-year-old company moved to Center City to take advantage of the area's business and networking opportunities, chief executive officer Mike Diccicco said in the release. The company employs 12 at the site, with plans to hire three more in the coming weeks, it said. email@example.com 215-854-2615 @jacobadelman
April 30, 2016 |
B. Herbert Lee, 92, a businessman and philanthropist and grandson of the founder of the former Lee Tire & Rubber Co., died of respiratory failure Tuesday, April 19, at Waverly Heights in Gladwyne. Mr. Lee lived in Haverford and Bryn Mawr before retiring to Waverly Heights in 2008. He also maintained a winter home in Delray Beach, Fla. His family was once well-known as the largest employer in Conshohocken, according to the records of the Historical Society of Pennsylvania. His grandfather J. Ellwood Lee created the tire manufacturing operation in 1912 as a spin-off from his J. Ellwood Lee Chemical Co., a maker of medical supplies that merged with Johnson & Johnson in 1905.
February 5, 2016
For the second time Wednesday, a train struck an unoccupied vehicle stuck on tracks in Montgomery County, authorities said. Shortly before 6 p.m., a Conrail train struck a car on a track crossing on Waverly Road near River Road in Lower Merion, a county dispatcher said. The occupants of the car got out in time and no one was hurt. Early Wednesday morning, a SEPTA commuter train struck an unoccupied taxi in Conshohocken. Two people on the train suffered minor injuries. - Robert Moran
February 5, 2016 |
A SEPTA train has hit a disabled taxi on the tracks in Conshohocken, but there are no reports of serious injuries. The collision occurred at 6:25 a.m. on the Manayunk/Norristown Line, just south of Poplar Street between the Conshohocken and Spring Mill stations, SEPTA spokeswoman Heather Redfern said. Two people suffered minor head injuries, she said. Fifty-five people were aboard the train, and the car was empty, Redfern said. Service – suspended while police investigated – resumed at 8:40 a.m., Redfern said.
January 10, 2016 |
An affiliate of Maguire Hayden Real Estate Co. has paid $98.4 million for the 300 Four Falls office building in West Conshohocken, according to Cozen O'Connor, which represented the buyer in the deal. Maguire Hayden closed Friday on the seven-story, 298,482-square-foot property, Cozen O'Connor said in a release. The property is the biggest Class A office buiding in the West Conshohocken market, it said. The building was sold by a consortium of investors whose interests in the property were managed by National Asset Services of Los Angeles, Cozen O'Connor said.
January 7, 2016 |
The company formerly known as Hersha Hospitality Management has acquired the Residence Inn Philadelphia Conshohocken hotel from a partnership involving Brandywine Realty Trust for $26.5 million. HHM, as it is now known, bought the 137-room Marriott hotel to take advantage of Conshohocken's growing business community, the company said in a release Tuesday. Brandywine announced the sale of the hotel, in the Tower Bridge development, earlier in the day. The Radnor-based developer said it will net $6.1 million from its 50 percent stake in the property after debt repayment and other costs.