In mid-May, Sno Mountain was sold to it's largest creditor, DFM Realty, an affiliate of National Penn Bank for $4.6 million. The bank then sold the facility for $5.1million to Jefferson-Werner, an urban real estate developer from Rydal, PA.The new owners changed the resort's name back to Montage Mountain and began to gear up for the summer season by opening the water park and launching a new web site: http://www.montageisback.com. The 440 acre resort is off of I-81 between Wilkes-Barre and Scranton. Also in the Poconos, Camelback is planning on spending $145 million on an indoor water park, new 453 room hotel, and new restaurants and conference areas. There was no word on any on mountain improvements.
Further west on the Laurel Ridge east of Pittsburgh the news is not good for a Laurel Mountain opening this coming season. The project is back into the design phase when Seven Springs, Laurel's leaseholder, decided to install a quad chair instead of the triple that was to replace the existing double chair. There were also concerns about the placement of a new tubing hill and the lack of restrooms and food service nearby. The Pennsylvania Legislature approved $6.5 million for Laurel's upgrade. The funds were released by the previous governor in 2008. This lengthy process led many critics to believe that Seven Springs and the Pennsylvania Bureau of State Parks have no interest in opening Laurel and that Seven Springs real intention was to keep the resort from the Buncher Company, owners of nearby Hidden Valley Resort. The Buncher Company had an option to buy the private assets on the mountain but couldn't reach a lease agreement with the state. Buncher's option to buy expired just as the state funds were released. Seven Springs bought the assets without a lease agreement. Laurel has not operated since the 2004/2005 season.