August 11, 2016 |
Cerner Corp., a health-care information technology company, will add 250 jobs in Malvern over the next three years with the help of a $1.25 million Pennsylvania First grant, Gov. Wolf said Monday. As part of the deal, Cerner, based in Kansas City, Mo., will invest $75 million in the site and retain its 2,000 current employees. When Cerner bought the former Siemens Health Services in Feb. 2015 for $1.3 billion, Siemens Health had 2,800 employees in Pennsylvania, New Jersey, and Delaware attributed to Malvern.
August 11, 2016 |
Playing on his home course at the Philadelphia Cricket Club, Gregor Orlando scored a hole-in-one on his final hole Tuesday to win medalist honors in the qualifier for next month's U.S. Mid-Amateur Championship. Orlando, 25, hit an 8-iron on the 169-yard 10th hole at Cricket to record the ace, allowing him to finish with a 4-under-par 66. Because of the configuration at the Flourtown course, the 131 players competing in the qualifier teed off both the first and 11th tees. "The pin was all the way up front so we actually couldn't see it go in," Orlando said.
August 10, 2016 |
Endo International, with U.S. headquarters in Malvern, reported a $389.8 million profit in the second quarter after the stock market closed Monday. That compared to a 90.9 million loss in the same period last year. Endo reported revenues of $920.9 million, which included sales from it 2015 acquisition of Par Pharmaceutical, a 25 percent increase compared to second quarter 2015 revenues of $735.2 million. "The second quarter was a busy and productive one," said Rajiv De Silva, president and CEO. The company announced in May it would restructure its generic medicines manufacturing business, and cut 740 employees in Charlotte, N.C., and Huntsville, Ala. Endo employs 350 in Malvern and 6,000 worldwide.
August 7, 2016 |
Two top administrators at Malvern Prep have left or are leaving, but say it is unrelated to pending claims by a former star swimmer that school officials failed to recognize or stop a coach who sexually harassed him. Head of school Christian Talbot has announced that the upcoming school year will be his last. His deputy, assistant head of school Steven Valyo, retired in June. Talbot said the departures had been in the making before both men were named among five defendants in the June lawsuit filed by former student and swimmer William Beard.
July 30, 2016 |
Design and printing firm Great Atlantic Graphics is moving to a 68,000-square-foot space at 2750 Morris Rd. in Lansdale that will accommodate its manufacturing and office operations, the company said in a release. Great Atlantic Graphics is relocating from Malvern to the space in a 650,000-square-foot former Ford Motor Co. electronics plant, it said. The facility was redeveloped by Advance Realty and the Davis Cos., which acquired the property in 2014, according to the release.
July 27, 2016 |
Liberty Property Trust is under agreement to sell most of the Great Valley Corporate Center in Malvern to Horsham-based Workspace Property Trust as part of a $969-million transaction involving 108 properties in four states. The transaction includes all of the Malvern business park, outside of its own headquarters building and the offices that Liberty leases to the Vanguard Group, spokeswoman Jeanne Leonard said Monday. Liberty is also retaining 280,000 square feet of office space at Great Valley that it plans to redevelop, Leonard said.
July 10, 2016
On June 18, Home of the Sparrow hosted its 21st annual Jazz at Brushwood event. Home of the Sparrow works with women facing homelessness to secure housing, achieve long-term stability, and plan new paths for their future. The event, hosted by Elizabeth "Betty" Moran, was held on the scenic grounds of Brushwood Stables in Malvern. More than 528 supporters were in attendance and enjoyed cocktails, hors d'oeuvres, silent and live auctions, dinner, and dancing to City Rhythm. Welcome and remarks were given by CEO Patricia McLennan.
June 23, 2016 |
Smart-home technology is building quickly to a multi-billion-dollar business in Western Europe, say market researchers at Parks Associates, and the Malvern-based "Internet of Things" platform developer Zonoff aims to score a big hunk of that overseas action. On Tuesday, Zonoff, Inc. announced a partnership with U.K.-based Connected World Services to offer an "innovative IoT-enabled home management and services platform to companies throughout Europe. " The marriage is significant, as Connected World is a division of Dixons Carphone plc., Britain's leading electronics retailer and a major products seller in Ireland, the Nordic countries, Greece and Spain.
June 20, 2016
Despite the rain, more than 20,000 attended the 87th Radnor Hunt Races on May 20 in Malvern. The event, sanctioned by the National Steeplechase Association, brings in some of the best steeplechase riders and horses from around the country. Spectators, horse enthusiasts, owners, trainers, corporate sponsors, and friends enjoyed six races, betting, elaborate tailgating, dressing up for a ladies-hat contest, partying, and networking in the corporate tents. The $200,000 raised will benefit the open-space and clean-water programs of the Brandywine Conservancy, which helps protect 62,000 acres of land.
June 9, 2016 |
That man on the Golden State Warriors' bench, the one they sometimes see Warriors head coach Steve Kerr talking to - they recognize that guy, even almost two decades later. In his eighth NBA stop, Ron Adams is acknowledged as an NBA defensive guru, an assistant coach to be trusted with a vital part of the game. For a group of guys around Philadelphia in their late 20s, Adams isn't just any assistant coach - he also was their assistant coach, when they were a little band of third graders at Valley Forge Elementary School, playing in the Malvern Summer League.