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T. Rowe Price employee tests positive for coronavirus, sanitizing of Baltimore headquarters underway

An employee of T. Rowe Price Group in Baltimore has tested positive for the new coronavirus and efforts to sanitize the Baltimore headquarters are underway, a spokesman said Friday.

"We are in regular communication with this associate and are supporting them during this time,” said Brian Lewbart, a spokesman for the global money management firm.

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The company said it notified all of its employees of the positive case. It’s requiring all those who work near or who had been in direct contact with the employee to self-quarantine for 14 days, he said.

Maryland has now confirmed 149 cases of COVID-19, the illness associated with the coronavirus. That’s up from 107 cases in the state on Thursday.

At T. Rowe, “we continue to take precautionary and preventative measures to mitigate spread and ensure a clean and healthy environment for our associates,” Lewbart said in an email.

On Thursday, workers who remained in T. Rowe’s Pratt Street headquarters were asked to temporarily work from home to allow time to fully sanitize the offices and common areas. That smaller group of employees should be able to return to the office by Monday. T. Rowe employs about 1,600 people at the Pratt Street building.

As of Tuesday, all T. Rowe employees with the flexibility to work from home were instructed to do so until further notice. That includes all offices in the U.S. and Europe, Middle East and Africa. A small number need to be in the office to maintain operations, Lewbart said.

“The safety and well-being of our associates is paramount, and we recognize the personal impact this pandemic is increasingly having on our associates globally,” Lewbart said.

Most Baltimore-area companies have taken similar steps and shifted employees to remote work from home when possible.

On Friday, T. Rowe announced that its foundation will be granting $500,000 to global and local groups working to relieve the widespread impact of the COVID-19 pandemic and resulting gaps in community services. In Baltimore, $250,000 will be given to the Fund for Educational Excellence to provide food for city school students and their families who are without meals due to the closure of schools.

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Another $125,000 will be split between nonprofits supporting relief efforts in Colorado Springs, New York City and San Francisco, while $125,000 will go to the Center for Disaster Philanthropy to support relief efforts in London, Hong Kong, and other places outside the U.S.

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