Investors bid for Snö Mountain
An investment group, Montage Mountain Resorts LP, appears poised to purchase Snö Mountain and extend new life to the bankrupt Scranton recreation complex. The group plans to rename the complex Montage.
U.K. firm buys Diversified
Diversified Information Technologies has been acquired by a U.K. firm, EDM Group, which is owned by the Lloyds Development Corp., a private equity group connected with Lloyds Bank Group.
Santo Volvo sells to Ken Pollock
Santo Volvo in Moosic will close next month and the franchise will be taken over Tuesday by Ken Pollock Auto Group, which will convert its former Suzuki dealership along Route 315 in Pittston Twp. to a Volvo business.
FNCB posts $13.7M loss
First National Community Bank reported $13.7 million in losses in 2012, but bank officials said the losses were a sort of penance as they work to clean the books and restore financial stability to the region's largest community bank.
Chamber seeks new chief
The Greater Scranton Chamber of Commerce has started its search for a successor to retiring President Austin Burke and has hired Eric Peterson, an executive at Toledo, Ohio-based Waverly Partners, as search assistant.
Poconos on map
The Pocono Mountains region has become one of just 11 in the nation to be featured in a National Geographic DestinationMap program. The map was unveiled last week.
DCED tours area
State Department of Community and Economic Development officials toured facilities in Luzerne County last week as part of a three-day tour of Northeast Pennsylvania intended to strengthen bonds with regional partners.