Archive

Author Archive

Narrow Fabric of Wyomissing to Close

September 10, 2011 Leave a comment

Narrow Fabric Industries Corp. announced today that it will close its West Reading plant effective immediately, laying off more than 100 employees.

Charles Miller, president of the company, confirmed that the 111-year-old maker of elastic and nonelastric fabric and trim for the hosiery, lingerie and medical industries would close.

via Reading Eagle – Narrow Fabric to close; more than 100 will lose jobs

Categories: General Business News

Hamburg Industries Shuts Down

September 9, 2011 Leave a comment

The assets of Hamburg Industries Inc., manufacturer of brooms, brushes and mops, have been purchased by Nexstep Commercial Products, Springfield, Ohio, for an undisclosed price, and its 16 workers have been laid off.

Hamburg Industries President and Chief Executive Officer Richard E. Stiller said Thursday that his impending retirement, the inability to sell the company as a whole and foreign competition forced him to sell off the assets.

via Reading Eagle – Hamburg Industries Inc. shuts down

Categories: General Business News

Two Unexpected Ways To Increase Productivity

September 8, 2011 Leave a comment

Two studies reported on Barking Up The Wrong Tree:

Can a web break make you more productive?

The answer is yes.

 

How much of office gossip is true?

If left unguarded, the grapevine can become an organization’s worst enemy, but when it is managed properly it can significantly increase the productivity and job satisfaction of employees.

The grapevine’s communication does not really concentrate on gossip regarding individuals; about 80% of it pertains to business-related politics. It is also interesting to note that 70-90% of a message’s details are usually correct.

Categories: General Business News

Merger Approved For Berks Co. Bank

September 7, 2011 Leave a comment

Customers Bank announced that shareholders approved the formation of Customers Bancorp Inc., its new bank holding company, and approved the merger with Berkshire Bancorp Inc. at a special meeting Tuesday in Crowne Plaza Reading, Wyomissing. The merger brings the bank, led by Berks County banker Jay S. Sidhu, up to $2 billion in assets.

via Reading Eagle – Local banks’ merger approved

Berks Business Newsmakers

September 4, 2011 Leave a comment

Berks newsmakers via Reading Eagle.

Categories: General Business News

When Is The Best Time to Close a Sale?

September 4, 2011 Leave a comment

Want to close a sale? When choosing a time to meet with your customer, don’t just take the first appointment time offered to you. A recent study looked at decisions by judges, and revealed startling differences in outcomes at different times of day.

Read the rest at Sales Secret: The Best Time to Close | Neuromarketing.

Categories: Marketing

Amity Fence Files for Chapter 7 Bankruptcy

September 1, 2011 Leave a comment

Amity Fence Co. Inc., Muhlenberg Township, has filed for Chapter 7 bankruptcy, according to court documents available Wednesday.F. Scott Goetz, listed as the sole stockholder, founded the company, which installed industrial, commercial and institutional fencing and security systems, in 1986.

via Reading Eagle – Amity Fence Co. files for Chapter 7 bankruptcy

Categories: General Business News

Job Seekers Can Find Job Openings from Chamber Member Businesses Online

August 31, 2011 Leave a comment

The TriCounty Area Chamber of Commerce has Chamber member job openings listed on its website.

Job seekers can visit http://www.tricountyareachamber.com and find job openings from Chamber member businesses and organizations.

The new feature is the result of a survey to the membership which indicated a need for the service. Chamber members can email their job opening information to jeff@tricountyareachamber.com.

Job seekers are welcome to drop resumes off at the Chamber office or send them via email.

For more information, visit http://www.tricountyareachamber.com or call 610-326-2900.

via Reading Eagle

Categories: General Business News

Is There a Way Out for Old Industrialized Nations? Chances To Catch up with Global Realities

August 31, 2011 Leave a comment

Peter Olfs, former head of corporate communications at International Siemens AG, Munich, Germany, will present “Is There a Way Out for Old Industrialized Nations? Chances To Catch up with Global Realities” Sept. 9 from 1 to 2:15 p.m. in Luerssen Building 5 at Penn State Berks.

The lecture is part of the fall engineering, business and computing division research interest group series and is free and open to the public.

Olfs theorizes that as a society, we live above our means, the poor keep getting poorer, our values are vanishing and as the blood toll rises, our species is dying out.

His presentation focuses on tasks for developed and developing nations, the future role of universities and practical solutions to combat the issues facing our world.

For more information, contact Dr. Jui-Chi Huang, chairman of the EBC-RIG and assistant professor of economics, at JXH74@psu.edu.

via Reading Eagle

Categories: General Business News

Local Hiring May Be On The Uptick

August 31, 2011 Leave a comment

Some employers are replacing summer help; others are ramping up for the fall.

Gretchen Strouphar, branch manager of Manpower Inc., Sinking Spring, said: “The summer help is gone. We are very happy to know that many of our clients are looking at replacing summer help in the manufacturing and production.

“It’s not a huge uptick in business, but it remains steady. I don’t recall clients wanting to replace students one-for-one in the past.”

via Reading Eagle – Local hiring may be on the uptick