Commerce
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KOP’s Recovery Centers of America Help Addicts Get Back on Their Feet
Just a year since its founding, Recovery Centers of America (RCA) has jumped to its feet and is about to open its second facility dedicated to helping drug and alcohol addicts get back on their feet. The King of Prussia company pioneering a neighborhood-based addiction treatment model that connects patients with family and friends during…
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After Pair of Billion-Dollar Acquisitions, BB&T Empire Adds by Subtracting
BB&T Corp. has announced that it will consolidate 28 branches as part of its combined $4.3 billion acquisition of Susquehanna Bancshares and National Penn Bancshares, writes Jeff Blumenthal from the Philadelphia Business Journal. The Montgomery County branches in Abington, Pottstown, and Wynnewood are among those that will close. According to Blumenthal, BB&T said there would…
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Telford Unites Two Counties in One Borough
It is not often that you can switch counties without leaving town, but in Telford you can do just that, writes Alan Heavens for The Philadelphia Inquirer. Located close to 40 miles north of Philadelphia, the Borough’s North Main Street lies in both Bucks and Montgomery counties. For years, Telford and West Telford remained separate…
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Giuliano’s Deli Sets the Standard for Food and Family in Lansdale
Giuliano’s Deli, a family-owned-and-operated landmark in Montgomery County, has been named Lansdale’s Business of the Month for April, writes Dan Sokil of the Lansdale Reporter. Located on North Chestnut Street, Lou Giuliano Sr. opened the deli in 1980, and it’s now run by his son, Lou Jr. According to Sokil, Giuliano’s Deli is known for…
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Revolutionary ADHD Drug from Blue Bell’s Neos Therapeutics Hits Market
Neos Therapeutics of Blue Bell has a new ADHD drug that became available to prescribe this week, writes John George of the Philadelphia Business Journal. Named Adzenys XR-ODT, the drug is the first and only Attention Deficit Hyperactivity Disorder medicine approved by the FDA that is both an extended-release and orally disintegrating formulation. The orange-flavored…
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Lower Merion Grad Raises $44K via Kickstarter to Expand Her Retail
A successful crowdfunding campaign has enabled Avi Loren Fox to expand her local retail company, Wild Mantle, to offer two more lines, writes Alison Burdo of the Philadelphia Business Journal. The 29-year-old Narberth native just hit her $44,000 Kickstarter goal with three days to spare. Fox’s company got its start in September 2013 when the…
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Conshohocken-Based IKEA Plans First Wisconsin Store
IKEA, the Swedish home furnishings retailer with a North American headquarters in Conshohocken, announced it is submitting plans to the city of Oak Creek, Wis., for a store that would be the company’s first in the state and increase its presence in the Midwest. Pending approvals, construction of IKEA Oak Creek could begin in Spring…
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Florida Developer Sees Gold in Neglected King of Prussia Real Estate
Hector Viñas, the Florida developer who has been investing in King of Prussia real estate since 2012, has added another King of Prussia property along DeKalb Pike to his portfolio with plans for its development already in place, writes Natalie Kostelni for Philadelphia Business Journal. Hector Viñas bought the almost one-acre property at 611 W.…
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Two Successful Former Agency Presidents Team Up to Launch Elevate Healthcare in Blue Bell
Why are two uber-successful former agency presidents, Frank X. Powers and Lorna Weir, launching a new venture – yet going about things in a very atypical, un-agency way? Because they believe that truly helping clients raise the value of their offerings in the dynamic world of healthcare now demands a different type of collaboration. The…
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Real-Estate Group from Beantown Plans Facelift for KOP Office Building
Boston’s Roseview Group is planning a facelift for an office building in King of Prussia, writes Natalie Kostelni of the Philadelphia Business Journal. The Group bought 211 South Gulph Road, a 102,204-square-foot property for $21 million last year. It is looking to bring it up to a standard that would let it compete with nearby…
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Competing Fashion Outlets Make Montco Entrance
Big-name retailers are racing down the fashion runway to discount their latest trends, and Montgomery County shoppers are lining up at the finish line. Within a day of each other last week, the Metroplex and the Montgomery Mall each christened a brand new fashion outlet: Off 5th by Saks Fifth Avenue and Macy’s Backstage —…
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It’ll Be a Hoppy Summer in Ambler and Conshohocken, Hosts of Forthcoming Beer Gardens
Two new beer gardens are about to crop up in Montgomery County, one in Ambler, the other in Conshohocken, writes Michael Klein of Philly.com. The Lower Gwynedd Township Board of Supervisors recently approved the Ambler Yards Beer Garden at 300 Brookside Avenue. The garden will be open on Thursdays and Saturdays starting May 19 and…
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House of the Week: Phillies Slugger Ryan Howard’s Palatial Property in Blue Bell
Phillies first baseman Ryan Howard has placed his Blue Bell home on the market, perhaps anticipating his change of scenery that is sure to occur after his albatross of a multi-million, multi-year contract is up next season. Howard, who also has property in the city in Rittenhouse, tried to sell his Blue Bell home in…
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Lankenau Research Director Doesn’t Skip a Beat, Wins Heart Rhythm Society Award
Charles Antzelevitch, Executive Director of the Cardiovascular Research Program at Wynewood’s Lankenau Institute for Medical Research, was named the winner of the 2016 Douglas P. Zipes Lectureship Award from the Heart Rhythm Society. Dr. Antzelevitch was recently presented the award at a ceremony held during the 37th Annual Heart Rhythm Scientific Sessions in San Francisco.…
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Technology of KOP’s iCeutica Critical to Curbing Addiction to Pain Meds
King of Prussia’s iCeutica Inc. is licensing its SoluMatrix Fine Patricle Technology to a nearby pharmaceutical company that produces low-dose nonsteroidal anti-inflammatory drugs for pain relief, writes John Luciew of the Harrisburg Patriot-News. Iroko Pharmaceuticals, a global pharmaceutical company based in the Philadelphia Naval Shipyard, uses iCeutica’s technology to develop a suite of drugs as…
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Montgomery County Briefs: Sports Authority, Tompkins VIST Bank, Einstein Healthcare, and Tourism
Here’s a quick rundown of the news in Montgomery County: Sports Authority to Close Its Doors, Including Those in Abington Sports Authority, the popular national retail chain for new and used sports equipment, will close all of its more than 450 locations across the country as part of a bankruptcy filing. The sports retailer filed…
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Victrex Helps Produce Record-Breaking Lightweight Continuous Pipe
Expertise from West Conshohocken’s Victrex has helped Magma Global Ltd. develop a flexible m-pipe technology that can reduce exploration and production costs and help limit the hazards from subsea oil and gas systems, according to a staff report from Plastics Today. The lightweight continuous pipe is the largest and longest Victrex PEEK-based structure ever, capable…
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Valley Forge Tourism & Convention Board Enjoys Record Year
As its fiscal year comes to a close, the Valley Forge Tourism & Convention Board’s performance indicators are all on an upward trajectory. The 2015-16 year marks the first full year of leadership under Mike Bowman, President and CEO of the VFTCB, who was appointed as head of the destination marketing organization last spring. As…
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