SALISBURY, Md. – Maryland is creating more business incentives in cities to attract investors to put money into development projects. The “opportunity zones” will provide tax cuts to capital investors that form equity partnerships with business developers. “It’s really matching projects with private capital in terms of bettering the community,” Executive Director of Salisbury-Wicomico Economic Development…
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Maryland Department of Housing and Community Development Announces Investment in North East Biotech Company
Owen McEvoy
$500,000 Partnership to Help Spur Investment in Cecil County Opportunity Zone NEW CARROLLTON, MD (March 7, 2019) – The Maryland Department of Housing and Community Development today announced a $500,000 Neighborhood BusinessWorks loan to Clene Nanomedicine, a Cecil County biopharmaceutical company developing technology solutions for drug development. “Clene Nanomedicine is exactly the kind of innovative,…
NORTHROP GRUMMAN PLANS EXPANSION, ADDING 175 NEW JOBS IN CECIL COUNTY
Karen Glenn Hood
Company projects a total of 575 workers at Elkton facility by 2023 BALTIMORE, MD (March 5, 2019) – Northrop Grumman, a global security company that designs, builds, and delivers space, defense, and aviation-related systems, is expanding its manufacturing operations in Cecil County and plans to add 175 new jobs over the next five years. This operating…
Merritt Construction Services Wins Two Associated Builders & Contractors Awards
Noelle Hewitt
BALTIMORE, Md., Feb. 18, 2019 – The Baltimore Chapter of the Associated Builders & Contractors (ABC), a non-profit trade association, has named Merritt Construction Services the winner of two 2019 awards in their annual Excellence in Construction program. Merritt’s projects for the Boys & Girls Club of Westminster and Merritt Clubs Canton received the chapter’s…
Merritt Properties Achieves Record Highs in 2018
Noelle Hewitt
Commercial real estate company reports largest number of new leases and renewals in five years BALTIMORE, Md., February 18, 2019 — Merritt Properties, a full-service commercial real estate and property management firm with locations in Maryland and Northern Virginia, ended 2018 with 175 new lease transactions totaling 1.5 million square feet and 284 renewal deals totaling…
Welcome AAEDC CEO Jerry Walker
Allison Akers
This February AAEDC welcomed new President & CEO Jerry Walker to the team. Previously, Mr. Walker served for two terms on the Anne Arundel County Council representing the Seventh District. He also spent 22 years in the private sector serving as a Vice President at DCA Imaging Systems, a local office technology company. Mr. Walker…
MARYLAND WORKSMART NAMES NEW DIRECTOR
Karen Glenn Hood
Melanie Koorey from Anne Arundel Community College will lead employee training program BALTIMORE, MD (February 14, 2019) – The Maryland Department of Commerce and the Maryland Department of Labor, Licensing and Regulation (DLLR) today announced that Melanie Koorey has been named the new director of the Maryland WorkSmart program. Started in 2016, Maryland WorkSmart is a joint effort between Commerce…
Leadership Maryland Announces Class of 2019
Lindsay Herbert
52 business and community leaders chosen to complete eight-month professional development program Annapolis, Md. (February 12, 2019) – Leadership Maryland officially announces the Class of 2019, consisting of 52 business and community leaders from across the state chosen to participate in the professional development program dedicated to building a better Maryland. The Class of 2019,…
World Famous Crawfish Boil and Muskrat Stew Festival
Sandy Sponaugle
Muskrats, crawfish, brews and tunes create an unconvention- al, but tasty, event every February in downtown Cambridge. The Crawfish Boil and Muskrat Stew Fest boasts the most unique festival menu on the East Coast and features muskrat stew, smoked muskrat, muskrat gravy fries, muskrat chili dogs, boiled crawfish, crawfish cakes, crawfish mac & cheese, crawfish…
“Shore” Opportunities in Kent County, MD
Sandy Sponaugle
The Kent County Commissioners are pleased to announce the release of an economic development video titled ‘Shore Opportunities in Kent County, MD’ to promote economic activity and positive engagement in our community on February 8, 2019. The video features local businesses in a variety of industries including manufacturing, agribusiness, retail, education, culinary, real estate, and…
