It is certainly welcome news that Under Armour is buying the Tide Point waterfront complex in Baltimore's Locust Point ("Apparel firm to buy complex at Tide Point," Jan. 27). Being the world headquarters of a rapidly growing, publicly traded company has far greater economic impact than most people can imagine. No doubt the company was being courted aggressively to relocate elsewhere.

Corporate brands often become synonymous with their hometowns, and vice versa. Over the past three decades, Baltimore has lost many of its major business nameplates for a host of reasons. It is great to know that Under Armour will remain one of us.

Mark S. Furst, Baltimore

The writer is president and CEO of the United Way of Central Maryland.