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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PIC MC Selects Development Team to Build $40 Million Life Sciences Building on Montgomery College’s Germantown Campus

Marcus Rosano

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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Chris Moyer named Consultant Connect North America’s Top 50 Economic Developers of 2019

Jennifer Lyall

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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