Business Briefs

October 01, 2006

Tower Bancorp

GREENCASTLE, Pa. - The board of directors of Tower Bancorp Inc. announced approval of a plan to purchase, in open market and privately negotiated transactions, up to 100,000 shares of its outstanding common stock.

Jeff Shank, president and chief executive officer of Tower Bancorp, said the board has a stock repurchase plan in place and believes this additional opportunity to purchase Tower Bancorp's common stock represents an attractive opportunity for the corporation and its shareholders.

The purchases are expected to be funded by using available excess capital.

Tower Bancorp is the parent bank holding company of The First National Bank of Greencastle. Stock is quoted and traded under the symbol TOBC.


Ability Prosthetics and Orthotics

FREDERICK, Md. - Ability Prosthetics and Orthotics Inc. held a grand opening of its Frederick office at 73 Thomas Johnson Drive on Sept. 20.

The Frederick office is the third for Ability Prosthetics & Orthotics, which brought in revenues of $1.2 million in 2005.

The company is based in Gettysburg, Pa.


Hagerstown Community College's Center for Continuing Education is offering a 20-hour training course for real estate investors on Tuesdays from 6 to 8:30 p.m. beginning Oct. 3.

Real Estate Investing is for beginning investors and is designed to reduce the learning curve for real estate investing in Washington County. Students will learn from local experienced investors about the realities of real estate investing.

Topics covered will pertain to investing in Washington County and will include how to buy investment properties, financial analysis, financing options, income tax and investments, small-business planning, Maryland lead paint laws, local code ordinances, property management and landlord laws and evictions.

Cost for the course is $275.

More information may be obtained by calling Cynthia Hull at 301-790-2800, ext. 520. To register for the course, call 301-790-2800, ext. 236.

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