Business news of local interest
Aldi announces expansion
Aldi has announced a new product expansion to deliver more of the fresh products customers want most.
With an emphasis on fresh, organic and easy-to-prepare options, 20 percent of products in Altoona, Johnstown and surrounding metropolitan area Aldi stores will be new.
With more than 1,800 stores across the country, Aldi is in the midst of an accelerated growth plan, investing more than $5 billion to remodel and expand its store count to 2,500 by the end of 2022.
BJC gets new sound system
UNIVERSITY PARK — The Bryce Jordan Center has completed a major interior renovation with the installation of a state-of the-art adaptive sound system by Eastern Acoustic Works.
Digital 3D modeling will ensure direct sound to all areas of the arena. Speakers were added under the scoreboard to enhance the sound on the floor.
Patrons will be able to experience the system at all upcoming men’s and women’s basketball games, graduations and other smaller events. While most tours provide their own sound, the Bryce Jordan Center now will be able to provide the EAW system for performers when they need it, for national speakers and comedians and THON.
Riverview to trade on Nasdaq
HARRISBURG — Riverview Financial Corp. has received approval from Nasdaq Stock Market LLC to list its voting common shares for trading on the Nasdaq Global Market.
The company’s common stock began trading on Nasdaq under the symbol “RIVE” on Monday.
Riverview Financial Corp. is the parent company of Riverview Bank and its operating divisions Citizens Neighborhood Bank, CBT Bank, Riverview Wealth Management and CBT Financial and Trust Management.
An independent community bank, Riverview Bank serves the Pennsylvania market areas of Berks, Blair, Centre, Clearfield, Dauphin, Huntingdon, Lebanon, Lycoming, Northumberland, Perry, Schuylkill and Somerset counties through 30 community banking offices and three limited purpose offices.