Business briefs 7/20

July 20, 2003

Coldwell Banker Residential Brokerage

The Hagerstown office of Coldwell Banker Residential Brokerage was among the company's top offices in June, the company announced in a news release.

The Hagerstown office ranked first in sales units, third in listing units and fourth in settled units.

BB&T Corp.

BB&T Corp. reported second quarter 2003 net income totaling $316.2 million, or 67 cents per diluted share.

Net income for the current quarter and diluted earnings per share reflected decreases of 3.6 percent and 1.5 percent, respectively, compared with $328 million and 68 cents per diluted share earned in the second quarter of 2002.

The decreases were the result of merger-related and other nonrecurring charges, the company said in a news release.

Grove Worldwide

SHADY GROVE, Pa. - Grove Worldwide's Shady Grove manufacturing and service complex has been certified to the ISO 9001:2000 Standard.

In 1994, Grove became the first crane manufacturer to be certified to the ISO 9001:1994 Standard and is now one of the first to be qualified under the new, more comprehensive standard.


The previous ISO - International Organization for Standardization - 9001 standard was focused primarily on the manufacturing process. The new 2000 standard is more comprehensive.

Penn National

FAYETTEVILLE, Pa. - "Where to Retire," a national magazine catering to baby boomers exploring retirement options, has named Penn National to its list of "America's 100 Best Master Planned Communities" in 2003.

The announcement was made in the magazine's summer 2003 issue.

This is the third time Penn National has been named to the list, which is published by the magazine every two years.

Octavo Designs

FREDERICK, Md. - Octavo Designs, a graphic design firm, has announced its acquisition of Gecko Media Group.

With this merger, Octavio Designs has expanded its team of designers, which now includes two full-time designers and two full-time designers/programmers.

Premier Bancorp

Premier Bancorp Inc. shareholders have approved the acquisition of Premier Bancorp by Fulton Financial Corp., based in Lancaster, Pa.

All regulatory approvals have been obtained and the vote enables the merger to proceed.

The Herald-Mail Articles