Casino, warehouses, car dealerships, retailers and other businesses opening in central Pa. in 2023

Now that 2022 has come to a close, let’s take a look at what businesses are expected to open new locations in the midstate here in 2023.

Cumberland County

Hampden Township

The Cloud 10 car wash on North Front Street in Wormleysburg. The company is building a new facility on the Carlisle Pike as well.
March 10, 2022.
Dan Gleiter | [email protected]

Cloud 10 Car Wash

Cloud 10 Car Wash is building a 10,370-square-foot car wash facility on the former site of the very first Ollie’s Bargain Outlet store at 6040 Carlisle Pike. The new location is expected to open in the spring, according to the company website.

Legend at Silver Creek

Legend at Silver Creek, a personal care and memory care residence is expected to open in July at 425 Lambs Gap Road. (Rendering provided)

Legend at Silver Creek

Legend at Silver Creek, a personal care and memory care residence is expected to open in July at 425 Lambs Gap Road. The 88,000 square-foot facility will include 75 personal care apartments and 20 memory care apartments, along with dining venues, recreation areas, a garden and specialized rooms for physical therapy, programming and other activities.

UPMC West Shore Hospital emergency room expansion

The UPMC West Shore Hospital. Aug. 18, 2020. Joe Hermitt | [email protected]

Select Medical

Select Medical said it will partner with the University of Pittsburgh Medical Center to open a freestanding inpatient rehabilitation hospital on UPMC’s West Shore Campus on Technology Parkway. The hospital will include 35 private rooms. The facility will include rehabilitation equipment to treat patients recovering from stroke, spinal cord injury, brain injury, amputation, neurological disorders and orthopedic conditions. The facility is expected to open next year.

Lemoyne
Schoolhouse Flats

Pictured is a rendering of Schoolhouse Flats. (Provided)

Schoolhouse Flats

Schoolhouse Flats at the former Lemoyne Middle School at 701 Market St. will include 46 apartments. Each unit will feature stainless steel appliances and hard surface counters, and some units will have a private patio. Eight of the units will be built in the former gymnasium and will feature rooftop decks. Other proposed amenities available to residents include an on-site gym, on-site parking, bike storage, a pet washing station and a courtyard with designated cornhole, bocce ball and outdoor theater space. A sign at the property said the building will open in early 2023.

Mechanicsburg
Glitz Soap Co.

Glitz Soap Co. is relocating to Legacy Park. (Photo provided)

Glitz Soap Co.

Glitz Soap plans to relocate its store from 1 E. Main St. in Mechanicsburg to Legacy Park, the mixed-use development on Market Street, in early 2023. Glitz makes and sells soap, lotions, shampoo, men’s beard products, bath bombs, shower steamers and bubble bath among other items. Products are made with vegan ingredients.

Shippensburg Township
Shippensburg casino gets state approval

Parx hopes to open a new mini-casino outside Shippensburg before the end of this year.

Parx Casino Shippensburg

Parx Casino Shippensburg is expected to open in February. The 73,000-square-foot mini-casino at 250 South Conestoga Drive will include approximately 500 slot machines and 48 electronic table positions, along with a 100-seat restaurant and sports bar. The menu will

Read More... Read More

LMP Automotive below agreement to market 2 extra dealerships as it carries on strategies for liquidation

Increasing Morgan Automotive Team of Tampa, Fla., acquired two Florida Kia dealerships from LMP Automotive Holdings Inc. past 7 days and bought a Florida Stellantis keep in a separate, unrelated November transaction.

It marks the third dealership sale introduced by modest automobile retailer LMP in three months. The Fort Lauderdale, Fla., firm stated in a Monday news release that it is under contract to market two far more dealerships and is advertising and marketing its two remaining franchised suppliers.

The deal for Kia of Cape Coral and Kia of Port Charlotte shut on Dec. 15, according to Morgan Automotive CEO Brett Morgan. The dealerships’ names stay, he reported.

“That was variety of third time’s the appeal striving to get these shops simply because we bid on them when Fuccillo [Automotive Group] was marketing,” Brett Morgan instructed Automotive Information, referring to when LMP acquired the dealerships in March 2021. And he claimed his team was intrigued when LMP introduced the Kia suppliers to sector this calendar year.

LMP was set to offer the two Kia Florida dealerships and 4 other West Virginia merchants to Atlantic Coastline Automotive Team. On the other hand, in October, LMP mentioned that deal had been terminated by the buyer.

“We ended up happy to be in a position to have another chance to obtain those people two dealerships,” Morgan mentioned of the Kia outlets. “We really like Kia and like people two markets.”

The acquisition provides to Morgan Automotive’s footprint in Southwest Florida. “It is a increasing current market in Florida,” Brett Morgan stated.

The Kia dealership acquisitions are the most recent acquire by Morgan Automotive in a active 12 months.

Last thirty day period, the team purchased Tallahassee Dodge-Chrysler-Jeep-Ram, which also marketed Fiat motor vehicles. Brett Morgan said it marks his group’s first retail store in Tallahassee, Florida’s funds.

Morgan Automotive acquired the retail outlet on Nov. 11 from seller Ken Marks, Brett Morgan explained. The dealership was renamed Tallahassee Chrysler-Dodge-Jeep-Ram-Fiat.

The Tallahassee acquisition was the to start with because August when Morgan Automotive bought three dealerships in Sarasota, Fla. In June, Morgan Automotive purchased Ford of Clermont and offered its Genesis of Fort Myers dealership, the two in Florida. In May, Morgan Automotive bought Fuccillo Kia of Clermont, as well as two domestic-branded dealerships in Tampa.

Morgan Automotive does not have any other acquisitions less than contract, however Brett Morgan indicated he expects his group will be in the hunt for much more in 2023.

“We are nonetheless a quite acquisitive firm,” he stated. “The reality is it’ll possibly look a lot like this calendar year and the calendar year prior. But tough to perform crystal ball. If the suitable opportunities are out there, we’ll do as significantly as we have the ability to receive.”

Brett Morgan mentioned the group continues to be bullish on Florida, the only state it has dealerships in.

“We are not searching any where else,” Brett Morgan reported of other states. “But we are open-minded individuals.”

Morgan Automotive

Read More... Read More

Four vehicle dealerships bought in Mo., Pa., Ariz. and Ohio

Jim Butler Car Group, Faulkner Automotive Team, Horne Automobile Group and Coughlin Automotive Team each expanded their dealership portfolios with acquisitions in possibly late in the fourth quarter of 2021 or early in January 2022.

This is a glimpse at the deals involving domestic-, import- and luxurious-model dealerships.

Missouri progress

Jim Butler Car Group expanded its achieve in Missouri with the acquisition of a Ford-Chrysler-Dodge-Jeep-Ram dealership.

Jim Butler Auto, by means of a subsidiary, purchased Auffenberg Motor Co. of Mexico, Mo., on Thursday from Chris Auffenberg.

It marks the first Ford and next Chrysler-Dodge-Jeep-Ram dealership for Jim Butler Auto of Fenton, Mo., a St. Louis suburb.

Jim Butler Car is not holding the dealership in its current spot, having said that.

The group moved the franchises into a one short term facility future to Jim Butler Centralia Chevrolet in Centralia, Mo., around a 20-minute generate west of Mexico.

Jim Butler Auto President Brad Sowers stated the team acquired that Chevrolet dealership in February and acquired 12 acres bordering the shop.

The group options to spend about $3 million to build a Ford dealership, a Chrysler-Dodge-Jeep-Ram dealership and an expanded services facility on that land. The dealerships will be named Jim Butler Centralia Ford and Jim Butler Centralia Chrysler-Dodge-Jeep-Ram.

The group is aiming to comprehensive the building job in 2024.

Don Day, a co-proprietor of subsidiary Linn Powerhouse Holdings, which acquired the Ford-Chrysler-Dodge-Jeep-Ram retail outlet, also has an ownership stake in other shops. Individuals consist of Jim Butler Centralia Chevrolet, Jim Butler Chevrolet Linn and Jim Butler Chrysler-Dodge-Jeep-Ram Linn, each in Linn, Mo., Sowers reported.

“We have been extremely prosperous with CDJR in the Linn location and we wanted to expand our existence with Stellantis,” Sowers advised Automotive Information. “We get pleasure from the connection and it is really been very successful for us. We do not have a Ford franchise, so it is the to start with possibility for us to extend there.”

In addition to the two forthcoming dealerships, Jim Butler Auto has 7 other rooftops, as well as a applied-only dealership, all in Missouri.

Sowers, a earlier co-chair of the Chevrolet Seller Council, at this time is a member of Maserati’s seller council board and president of the St. Louis Car Sellers Affiliation, he mentioned.

Sowers is one of the 47 sellers nominated for the 2022 Time Seller of the Year award.

Read More... Read More

Asbury Automotive Group Completes the Transformative Acquisition of Larry H. Miller Dealerships and Total Care Auto, Powered by Landcar

DULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., completed the previously announced acquisition (the LHM Acquisition), which includes Larry H. Miller Dealerships (LHM Dealerships) and Total Care Auto, Powered by Landcar (TCA ) from the Larry H. Miller Group of Companies (LHM Group), adding 54 new vehicle dealerships, seven used vehicle dealerships, 11 collision centers, a used vehicle wholesale business and an F&I product provider. The LHM Acquisition will add approximately $5.7 billion in annualized revenues.

“We are excited to complete the transformative acquisition of Larry H. Miller Dealerships. With its strong culture and stewardship mentality, coupled with the ability to rapidly expand Asbury’s presence into these desirable, high-growth Western markets, it is a rare opportunity,” said David Hult, Asbury’s President and Chief Executive Officer. “Larry H. Miller Dealerships is a well-run operation with a rich history, and we are honored to be the stewards of Larry and Gail’s vision. We have enjoyed getting to know the Larry H. Miller team members during this acquisition process and look forward to working together to continue the journey.”

“Our family expresses deep gratitude to the employees of Larry H. Miller Dealerships for their ongoing commitment to our organization over the past 42 years,” said Gail Miller, Owner, LHM Group. “Our employees have continually exemplified our values of hard work, stewardship, integrity and service. Their dedication to our customers and our communities has allowed us to become the second largest privately held automotive group in the nation. We treasure them, our loyal customers, many partners and deep friendships built during four decades in the automobile business. David Hult and his team have been exceptional to work with and we appreciate their approach and care during this transaction. Our family looks forward to continuing our mission of enriching lives through reinvestments in new business opportunities and continued philanthropy.”

“We couldn’t be more pleased with the approach and stewardship Asbury Automotive Group has taken during this process,” said Steve Starks, Chief Executive Officer, LHM Group. “We know they are people-focused, which includes their associates and customers. Our employees now have an opportunity to continue building an exciting future with a leading automotive group that will have coast-to-coast operations. We want to thank Dean Fitzpatrick and the LHM Dealerships leadership team for their incredible work and tenacity throughout this transaction, as well as their constant efforts over the decades to grow the automotive business. Moving forward, the LHM Group expects to further diversify and grow our portfolio of operating businesses and investments.”

This acquisition diversifies Asbury’s geographic mix, with entry into six Western states: Arizona, Utah, New Mexico, Idaho, California and Washington, and adds to its growing Colorado footprint. LHM Dealerships portfolio mix of largely domestic brands has historically delivered strong and stable margins in these markets.

LHM Dealerships sold approximately 120,000 new and used vehicles in the 12 months ended September 30, 2021.

In addition to the dealerships, Asbury acquired TCA,

Read More... Read More

Asbury Automotive to buy Larry H. Miller Dealerships for $3.2 billion

Editor’s note: An earlier version of this story incorreclty characterized Asbury’s new-vehicle dealership growth under the deal.

Asbury Automotive Group Inc. will expand its new-vehicle dealership count by nearly two-thirds and grow its annual revenues by more than 70 percent in the planned $3.2 billion acquisition of the Larry H. Miller Dealerships group.

Asbury, the nation’s sixth-largest new-vehicle retailer, said Wednesday that it will become the fourth-largest new-vehicle retailer when measured by annual revenues when it buys the Miller group.

Miller Dealerships is now the country’s eighth-largest new-vehicle retailer and one of the nation’s largest privately held groups.

“This is a strong, very profitable group and we know it further diversifies us extremely well” and positions the company to continue to grow, Asbury CEO David Hult told investors and analysts in a call Wednesday.

Asbury said that the deal, expected to close in the fourth quarter, includes 54 new-vehicle dealerships, seven used-vehicle dealerships and 11 collision centers. Once combined, Asbury’s store count will grow to more than 150 and annual revenues combined will reach $13.7 billion.

The Duluth, Ga., auto retailer will enter six new Western states and largely add domestic-brand stores to its lineup, as it expects to add $5.7 billion in annual revenues.

Asbury also said Wednesday it has deals to buy dealerships representing another $900 million in annual revenue under contract, which it expects would close before the Miller dealerships.

Asked if the sale would cause framework agreement problems with any automakers, Hult said one brand might pose an issue but otherwise characterized it as a matter of seeking automaker approvals with conversations. He didn’t identify the brand.

Framework agreements govern the relationships between automakers and their largest franchised dealers and may limit the number of stores one owner can have of the same brand or in a certain region.

Asbury also obtains a finance and insurance provider, Total Care Auto, which allowed Larry H. Miller to sell its own F&I products and then turn around and pay itself back when customers use the products for free vehicle repairs and service.

About 90 percent of Total Care Auto’s overall claims wind up with the work done at the dealership group.

Total Care Auto produces about $240 million in revenue, has about 2 million contracts open, and delivers earnings before interest, taxes, depreciation and amortization, or EBITDA, margins of more than 20 percent, according to Asbury.

“It’s really a great business model,” Hult said.

The deal allows Asbury to expand the reach of its online retailing service Clicklane coast-to-coast, the company said.

The supersized deal follows several other megadeals by the publics in the buy-sell industry this year, including Lithia Motors Inc.’s April purchase of Michigan’s Suburban Collection and the announcements this month by Group 1 Automotive Inc. to acquire 30 dealerships from Prime Automotive Group by late November and Sonic Automotive Inc.’s acquisition of RFJ Auto Partners Holdings Inc., planned to close in December.

“This transaction, coupled with the other two major transactions announced by

Read More... Read More