Gary Duboff News Today

GreatStar Tools USA, a leading manufacturer of hand tools serving DIY, professional and industrial markets worldwide, announced today it has promoted Roberto Izaguirre to chief operating officer of Arrow Fastener Company, LLC.

Jan 6, 2021 HARRISBURG, Pa. (AP) — Pennsylvania lawmakers are starting their new two-year legislative term with a bitter dispute in the Senate that prevented the seating of a Democratic member. Both chambers swore in their newly elected members on Tuesday. Republicans hold large majorities in both chambers. Democrats in the Senate began protesting and in some cases shouting after the Republican majority refused to seat Sen. Jim Brewster of Allegheny County. His election was certified by the s...

Jan 6, 2021 HARRISBURG, Pa. (AP) — Pennsylvania lawmakers are starting their new two-year legislative term with a bitter dispute in the Senate that prevented the seating of a Democratic member. Both chambers swore in their newly elected members on Tuesday. Republicans hold large majorities in both chambers. Democrats in the Senate began protesting and in some cases shouting after the Republican majority refused to seat Sen. Jim Brewster of Allegheny County. His election was certified by the s...

Dec 30, 2020 The popular Shop Vac brand of vacuums has been purchased by GreatStar Tools USA, giving new life to the global manufacturer headquartered in Williamsport. GreatStar announced Monday it will take ownership of Shop Vac assets, re-open the Williamsport plant and rehire employees who lost their jobs when the factory let go most of its 430-plus work force in mid-September after a failed sale of the company by its private owners, the Miller family now living on the West Coast. GreatStar�...

Subsidiary of large Chinese firm buys Shop-Vac, plans to restore production levels Updated Dec 28, 2020; Posted Dec 28, 2020 GreatStar, which is part Hangzhous GreatStar Industrial Co. headquartered in Hangzhous, China, announced Monday it has purchased most of the assets of Shop-Vac for an undisclosed price. Facebook Share WILLIAMSPORT – The new owner of Shop-Vac Corp. says it plans to restore production in Williamsport to its previous levels. “We intend to hire as many people as is nece...

2. You received dividends What might happen: The IRS may want a cut of your dividends — even if you automatically reinvested those dividends and didn’t receive any in cash, which is common with mutual funds, for example. It’s a rule that can startle new investors. “That’s one of the surprises,” Ganoe says. “No money came back to them, but now they’ve got to pay tax on it.” What tax rate you pay depends on the nature of the dividend. IRS Publication 550 has the details. How...