HV Bancorp (HVBC), the holding company for Huntingdon Valley Bank (HVB), will merge with rival US bank holding company Citizens Financial Services (CZFS), the owner of First Citizens Community Bank (FCCB), in a deal worth around $67.4 million. The merger is expected to boost and increase the footprint of Citizens Financial Services in communities situated […]
NextEra Water Pennsylvania has agreed to acquire the Towamencin wastewater system in Montgomery County, Pennsylvania. The financial terms of the deal were not disclosed by the indirect subsidiary of NextEra Energy Resources. The Towamencin wastewater system includes a treatment plant and collection system. It caters to nearly 7,500 customer accounts. Bruce Hauk — NextEra Water […]
NW Natural Water Company, a fully-owned subsidiary of Northwest Natural Holding Company, has signed two separate deals to acquire utilities located in Southeast Texas in a bid to grow its presence in the region. Subsidiaries of NW Natural Water have agreed to acquire assets of Water Necessities & Rural Water near Beaumont and Caney Creek […]
E-commerce giant Amazon has opened a new fulfillment center in Montgomery, New York state to cope up with the increasing demands of its customers and in preparation for the approaching holiday season. The Montgomery fulfillment center of Amazon is spread over a million-square-foot. It has a workforce of 800 people, who with the use of […]
Elevation Financial Group, a Florida-based real estate private equity company, said that it has sold Serenity Townhomes, an Elevation Real Property Fund V asset located at Montgomery, Alabama for $6.9 million. The multifamily community, which has 192 units, marks the sale of the final asset in Elevation Real Property Fund V. Serenity Townhomes, which was […]