Horsham
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Wall Street Journal: Increase in Demand During Pandemic Has Toll Brothers’ CFO Worried
Martin Connor, Chief Financial Officer at Horsham-based Toll Brothers, is worried about salary and benefit costs as the demand for new homes continues to grow, write Mark Maurer and Nina Trentmann for The Wall Street Journal. The luxury home builder is expecting to see an increase in labor costs over the following months. This will…
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Horsham’s Curt Simmons Preserves Memory of Team That Won National League Title Seven Decades Ago
Horsham’s Curt Simmons, Phillies Wall of Famer and one of the last two living Whiz Kids, is keeping the memory alive of the team that won the National League title in 1950, writes Frank Fitzpatrick for The Philadelphia Inquirer. The unexpected title was the only pennant the franchise managed to win between 1915 and 1980,…
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Toll Brothers Raises Prices of Luxury Homes As Signed Contracts Reach Record High
Horsham-based Toll Brothers has reached a record high in signed contracts for luxury homes during the last quarter, writes Ryan Sharrow for the Philadelphia Business Journal. The homebuilder reported a 76 percent year-over-year increase in the number of contracts for June as well as a 31 percent bump for July. The strong demand has continued…
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Local Who Caddied for Kirk Triplett at Horsham Club Stand Up for Golf Pro Following BLM Sticker Uproar
The reaction of many golf fans to Kirk Triplett’s Black Lives Matter bag sticker during Bridgestone Senior Players Championship continues to perpetuate a stereotype of the popular sport’s fans as being an out of touch group, writes Joe Wowk in an opinion for the Golf City. Wowk worked as a caddie at Commonwealth National Country…
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Horsham-Based Grupo Bimbo Experiences Pandemic Surge in Demand for Buns
With more food being consumed at home due to the pandemic, Horsham-based Grupo Bimbo SAB de CV is experiencing a significant surge in demand for its hamburger and hot-dog buns, writes Eric Schroeder for the Baking Business. The company’s sales in these two bun categories rose by more than 21 percent in the 52 weeks…
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Horsham Third-Grader Takes Top Spot in National Toy Competition with ‘Slap Happy’ Invention
Horsham third-grader Emery Alderson recently took top spot at the Chicago Toy Game Week Young Inventor Challenge with her invention called “Slap Happy,” according to a staff report from 6abc. A major toy company, Magformers, picked her toy as the winner. The young inventor was overjoyed that her toy was selected as the winner. “It…
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Horsham-Based Clinical Ink Acquired By Private Investment Firm, Funds Will Fuel Next Stage of Growth
Horsham-based Clinical Ink has been acquired by GI Partners, a private investment firm, and is planning to use the funds from the sale to fuel its next stage of growth, writes John George for the Philadelphia Business Journal. Financial terms of the deal have not been disclosed. The clinical trials technology company’s previous lead investor,…
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Myoderm Begins Development on New Headquarters, Warehouse Facility in Horsham
Myoderm, the provider of clinical trial services to pharmaceutical companies, has begun development on its new headquarters and warehouse facility in Horsham, writes Natalie Kostelni for the Philadelphia Business Journal. The company which started as a small drug store in Norristown in 1865 now has 80 employees, with 50 moving to the new 65,000-square-foot building…
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Horsham-Based Reliefband Technologies Raises $1.7M in Private Stock Sale
Horsham-based Reliefband Technologies recently raised $1.7 million in a private stock sale, writes John George for the Philadelphia Business Journal. The medical device company markets a product worn on the wrist designed to treat and prevent nausea. The watch-like device has key technology positioned on the underside of the wrist. It uses the delivery of…
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Sprouts Farmers Market Opening Upper Dublin Location, Looking to Fill 110 Positions
Sprouts Farmers Market is planning to open a new store in Upper Dublin on September 2 and is looking to hire 110 people to fill new positions, writes Natalie Kostelni for the Philadelphia Business Journal. The specialty grocer will open a 30,000-square-foot store at the Promenade at Upper Dublin. The mixed-use development will also have…
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Toll Brothers Pauses Work on Jewelers Row Project Due To Economic Uncertainty Caused By Coronavirus Pandemic
Horsham-based Toll Brothers is pausing work on its condo projects in city centers due to the economic uncertainty caused by the coronavirus pandemic, writes Jacob Adelman for The Philadelphia Inquirer. This includes the 24-story tower the developer planned to erect on Philadelphia’s Jewelers Row shopping street. According to the company’s chief executive Douglas Yearley, Toll…
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Horsham Community Comes Together, Puts in Time, Money, and Work to Rehabilitate Local VFW
A year after VFW in Horsham shut its doors due to declining membership and worsening conditions, people in the community came together to bring it back to its former glory, writes Brad Sattin for FOX 29. Horsham residents volunteered their time, money, and effort into restoring the facility with the goal of being able reopen…
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Toll Brothers Continues Southeast Expansion With Acquisition of Atlanta-Based Thrive Residential
Horsham-based Toll Brothers is continuing ts Southeast expansion by acquiring Atlanta-based urban developer, Thrive Residential, writes Sam Wood for The Philadelphia Inquirer. This is the second Atlanta acquisition for Toll in the last 12 months. In May, the company paid $93 million for high-end communities’ developer Sharp Residential. The terms of the latest deal have…
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Horsham-Based Reliefband Technologies’ Wearable Therapeutic Device for Treating Nausea Makes Waves at CES 2020
Horsham-Based Reliefband Technologies had a great showing at CES 2020, the Consumer Technology Association’s mega-trade show, with its wearable therapeutic device for treating nausea, writes John George for the Philadelphia Business Journal. The company, which is currently preparing to launch two new models of its popular device, was recently approved by the FDA to market…
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Despite Drop in Grain-Based Foods Sales Consumption, Horsham-Based Bimbo Bakeries USA Remains Largest Baker in Nation
Despite an overall drop in the sales volume of grain-based food products, Horsham-based Bimbo Bakeries USA is still the largest baker in the nation, writes Eric Schroeder for the Supermarket Perimeter. The grain-based food industry has been losing market share to other food categories for years. But the most recent data indicates an acceleration in…
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Hatboro Federal Savings Presents Total of $222,222 in Donations to Nine Educational Organizations
Nine local educational organizations have received a total of $222,222 in donations from Hatboro Federal Savings, according to a staff report from the Montgomery Media. All of the benefiting organizations had to meet the criteria for Pennsylvania’s Educational Improvement Tax Credit Program. This allows tax credits for eligible businesses that donate to a scholarship, educational…
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Emotions Ran High At Horsham’s Mixed-Abilities Rugby Team Exhibition Game
Emotions ran high as the two teams took to the field after weeks of practice for the mixed-abilities rugby team exhibition game at College Settlement Camp in Horsham, writes Helen Ubiñas for The Philadelphia Inquirer. The team members all belonged to the same club, the Blackthorn Rugby Football Club in Horsham. The idea for the…
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Tivity Health Rushes To Reassure Nutrisystem Shareholders CEO’s Departure Will Not Knock Company Off Track
Tivity Health, the new owner of Horsham-based Nutrisystem, is rushing to reassure shareholders that the sudden departure of its former president Dawn M. Zier will not throw the diet-meals company off track, writes Joseph N. DiStefano for The Philadelphia Inquirer. To alleviate any concerns, the owner has emphasized that the company will now be led…
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