The Pinkney Innovation Complex for Science and Technology (PIC MC) signed a development agreement today to add a state-of-the-art life sciences office building to the Montgomery College Germantown Campus. 19710 Observation Drive, LLC, a joint venture between Rockville-based, South Duvall and Germantown-based Minkoff Development, will build a $40 million facility on a 5.67-acre parcel at…

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ELKTON, MD. – Cecil County’s Director of the Office of Economic Development, Chris Moyer, was recently named one of North America’s Top 50 Economic Developers in 2019, as released by Consultant Connect, a consultant agency designed to bridge the gap between economic developers and site consultants. Moyer was appointed to Director of Economic Development by County…

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One of the more active segments of Anne Arundel County’s economy is the industrial sector in the county’s northern region. With over 24 million square feet of industrial space, the county has a low 9.3 percent vacancy rate. It is no surprise that businesses have been investing in the area due to the region’s function…

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Coming out of the 2019 legislative session, the Maryland General Assembly passed several new bills that will impact employers in Maryland. Three of the most significant ones are described here: 1.  “The Fight for Fifteen” – Minimum Wage is Going Up After voting to override Governor Larry Hogan’s veto, the Maryland legislature has successfully enacted…

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Company based in Chicago area to collaborate with Johns Hopkins University, LifeBridge Health System and the University of Maryland, Baltimore BALTIMORE, MD (June 6, 2019) – Baxter International Inc.(NYSE: BAX), a leading global medical products company based in the Chicago area, joined with the Maryland Department of Commerce earlier this week to announce plans to partner…

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BALTIMORE, MD (June 5, 2019) – The Maryland Department of Commerce today joined with the United Kingdom’s Midlands Engine to sign a Memorandum of Understanding (MoU) to foster greater collaboration in the life sciences between the two regions. Maryland is one of the top states for life sciences in the U.S. with more than 2,300 companies,…

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St. Mary’s City, MD – Naval Systems Inc. was named Member of the Year for 2018 by The Patuxent Partnership (TPP) for outstanding leadership, community support and commitment to the economic growth and development of Southern Maryland. The Member of the Year Award is presented at The Patuxent Partnership’s annual members dinner, which was held this…

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Trade mission builds on international relationships, MOU with U.K.’s Midlands region BALTIMORE, MD (June 3, 2019) – For the third consecutive year, the Maryland Department of Commerce will lead a delegation to Information Security Europe 2019 in London, from June 4-6. Known as Europe’s leading information security conference, “InfoSec” attracts more than 19,500 industry professionals from around the…

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Maryland Commerce program helps companies promote goods, services globally BALTIMORE, MD (May 29, 2019) – The Maryland Department of Commerce has awarded 34 small and mid-sized Maryland companies with ExportMD grants to help promote their products and services in the global marketplace. The ExportMD grant program helps businesses finance the costs of marketing internationally, including trade…

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