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Business briefs

April 22, 2007

Tower Bancorp

GREENCASTLE, Pa. - The board of directors of Tower Bancorp Inc. declared a second quarter cash dividend of 26 cents per share at an April 11 meeting.

That is 8.3 percent higher than the 2006 second quarter dividend.

The dividend will be paid on May 18 to shareholders of record as of May 1.

- Tower Bancorp reported earnings of $1,969,438, or earnings per share of 84 cents, for the quarter ended March 31. Earnings increased by 63 percent, or $759,367, over the first quarter for 2006.

Earnings per share increased 20 percent, or 14 cents per share, over the first quarter of 2006.




Giant Food Stores, Martin's Food Markets

CARLISLE, Pa. - Giant Food Stores and Martin's Food Markets were honored by the Produce for Better Health Foundation (PBH) for its ongoing consumer health initiatives created to encourage Americans to eat more fruits and vegetables, according to a prepared release.

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Giant and Martin's were among the first supermarket chains in the country to launch "Fruits & Veggies - More Matters" program, the national health initiative geared toward fruits and vegetables. The program replaces PBH's "5 A Day" campaign that encourages healthy diets.

To support the program, Giant and Martin's have posted signs featuring the new "Fruits & Veggies - More Matters" logo throughout the store. A free booklet featuring easy tips, snack ideas and shopping list suggestions now is available at the front of all its stores.




Fitzgerald Auto Malls

NORTH BETHESDA, Md. - The Fitzgerald Auto Malls have announced that their Maryland dealerships are to become "Green Power Partners" with the U.S. Environmental Protection Agency.

Fitzgerald will be "going green" by purchasing wind power for 100 percent of its electricity needs, according to a prepared release. The change is scheduled to go into effect in May.

In recognition of its use of renewable energy, Fitzgerald has been named an EPA Green Power Partner and is eligible for special recognition by the EPA as a member of the Green Power Leadership Club.

Fitzgerald said it has signed a contract with Pepco Energy Services to switch all of its Maryland dealerships to green-e certified wind power. The Clean Energy Partnership, an environmental group that encourages businesses to purchase green power, advised and assisted Fitzgerald in its switch to green power.

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