Business briefs

February 08, 2009

Washington County Dept. of Social Services

The Washington County Department of Social Services (WCDSS) is sponsoring a promotional campaign called "Money Talks! Have You Heard" to encourage eligible Washington County residents to claim their Earned Income Tax Credit (EITC).

The campaign consists of transit ads on County Commuter buses and direct mail postcards.

The EITC is a refundable income tax credit for people who work and support a family. Qualifying workers can get back some or all of the federal income tax that was taken out of their pay during the year. Other refundable credits are available based on income, and receiving this benefit does not affect assistance received from WCDSS.

The state of Maryland also has an EITC. To be eligible, a worker must qualify for the federal EITC and file a Maryland income tax return.

Orrstown Financial Services Inc.

SHIPPENSBURG, Pa. - Orrstown Financial Services Inc. has announced net operating results for the year and the quarter that ended Dec. 31.

Net income for the final quarter of 2008 increased 1.3 percent over the same period last year. Net income for the year increased 4.3 percent over 2007.

Balance sheet growth of 18.8 percent over the previous year resulted in total assets reaching $1.052 billion as of Dec. 31.

The board of directors approved a first-quarter cash dividend of 22 cents per share to shareholders of record on Feb. 13. This represents an increase of 4.8 percent over the dividend of 21 cents declared during the first quarter of 2008. The dividend will be paid Feb. 25.

Information Highway

A new advertising venture will soon hit the streets in the Tri-State area.

Business partners Joel Rice and Ray Doyle are launching Information Highway, which features a lime green box truck with dual rolling billboards on its sides.

Rice said the truck will operate five days a week for eight to 10 hours a day in Washington and Frederick counties in Maryland, Berkeley County, W.Va., and Franklin County, Pa.

Rice said that the truck's advertising scrolls can hold up to 80 advertisments.

Mack Trucks Inc.

LEHIGH VALLEY, Pa. - Construction Equipment magazine has named the Titan by Mack as one of the top 100 products introduced in the construction industry in 2008.

The Titan is the company's signature heavy-haul truck. It features bold chrome styling and a 605-horsepower engine.

Magazine editors review about 700 product introductions, and use reader input and their own experiences to create the top 100 list. The award recognizes products that emphasize innovation in research and development, and that result in greater productivity, efficiencies and safety.

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