MARYLAND COMMERCE DESIGNATES NEW ENTERPRISE ZONE IN GARRETT COUNTY

Karen Glenn Hood

Existing Harford County Zone Expanded; Allegany Zone Redesignated BALTIMORE, MD (July 11, 2019) – The Maryland Department of Commerce has designated a new Enterprise Zone in Garrett County to include the Keyser’s Ridge Business Park. In addition, the department has approved an expansion of the existing Harford County Enterprise Zone, and redesignated the Route 220 South Enterprise…

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THE VOLVO GROUP TO ADD NEW MACHINING OPERATION IN HAGERSTOWN PLANT

Maureen Kilcullen

Baltimore, Md. (July 9, 2019) –Volvo Group North America is expanding its Volvo Group powertrain facility in Hagerstown, Maryland, introducing a new machining operation, expanding automated manual transmission (AMT) assembly, and adding core logistics management. The company is investing $43 million and adding 85 new jobs in the powertrain production plant, where it develops and produces…

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HCEDA Announces the Completion of Phase One Construction on the Howard County Innovation Center; MCE Relocates to Facility

Brian Sheavly

COLUMBIA, MD (July 9, 2019) – The Howard County Economic Development Authority (HCEDA) announced the completion of the first phase of the Howard County Innovation Center Project with the conclusion of 3rd floor renovations and the relocation of the Maryland Center for Entrepreneurship (MCE) to the facility. As part of the Innovation Center project, the third…

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THREE MARYLAND VETERAN-OWNED BUSINESSES RECEIVE $50,000 IN FINANCING

Karen Glenn Hood

Companies plan to create a combined 75 new jobs in Maryland BALTIMORE, MD (July 8, 2019) – The Maryland Department of Commerce today announced that three Maryland veteran-owned businesses have each received $50,0000 in financing through the Military Personnel and Veteran-Owned Small Business No-Interest Loan Program (MPVSBLP). The companies will use the funding to support expansions and infrastructure…

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Israel-Based RADA Technologies Plans New Headquarters in Germantown, Maryland

Area Development News Desk

The American subsidiary of Israel-based RADA Electronic Industries Ltd. which produces electronics for the aerospace and defense industry, RADA Technologies is planning a new headquarters in Germantown, Maryland. The facility will include a research and development and manufacturing operation. According to state officials, after a founding period in Silver Spring, the company decided to stay in…

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Washington County hires leader in Dept. of Business Development

Julie E. Greene

Washington County government recently hired Jonathan Horowitz as a business leader in its Department of Business Development. Horowitz said he has lived most of his life in Washington County. He started work June 24, and was introduced to the county commissioners at their meeting the following day. He told the commissioners he was “lucky enough…

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RADA TECHNOLOGIES PLANS NEW HEADQUARTERS IN MONTGOMERY COUNTY

Karen Glenn Hood

Company will add 80 new jobs in the county by December 2023 BALTIMORE, MD (July 2, 2019) – RADA Technologies, LLC, which produces electronics for the aerospace and defense industry, is planning a new headquarters in Germantown, including a research and development and manufacturing operation. The company will relocate to a 25,000-square-foot facility on Seneca Meadows…

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MARYLAND DESIGNATES TWO NEW ARTS AND ENTERTAINMENT DISTRICTS

Karen Glenn Hood

A new study shows a rise in the economic impact of A&E Districts statewide BALTIMORE, MD (July 1, 2019) – Maryland Secretary of Commerce Kelly M. Schulz today announced the designation of two new Arts and Entertainment (A&E) Districts in Maryland. The Town of Easton and the area along the Pennsylvania Avenue corridor in Baltimore will…

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HOGAN ADMINISTRATION ANNOUNCES LAUNCH OF REGIONAL RESOURCES TEAM, WEBPAGE

Karen Glenn Hood

Representatives from the Governor’s Commerce Subcabinet work together to resolve issues for businesses, local jurisdictions  BALTIMORE, MD (June 25, 2019) – As part of a continuing effort to make Maryland state government faster and easier for businesses to navigate, Governor Larry Hogan today announced the launch of the Maryland Regional Resources team and webpage. Comprised of…

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