The transformation of a vacant, 12-story eyesore into a gleaming office building has brought workers, shoppers and diners to the northern edge of downtown Towson — thanks in part to a public financing package that waived repayment of millions of dollars in loans to a developer. The county grants these so-called conditional loans that do not require repayment if certain conditions, such as job creation, are met.
Texas Gov. Rick Perry, a possible Republican presidential candidate in 2016, will ride into the Democratic stronghold of Maryland next week as part of his mission to rustle up business for the Lone Star State.
The members of the Havre de Grace City Council agreed Tuesday to postpone taking action on a charter resolution that would amend the city charter and create an economic development department and the position of economic development director.
Army Col. Edward C. Rothstein, who recently finished a tour as commander of Fort George G. Meade, will be the new president and CEO of the Anne Arundel Economic Development Corp., County Executive Laura Neuman announced Monday.
The owner of the former General Motors Corp. factory site in southeast Baltimore has applied for a city permit to build a huge warehouse that would employ up to 2,600 people, according to documents filed with the city's planning department.
In return for the promise to bring another 650 jobs to Baltimore, city leaders on Wednesday are poised to give financial services giant Morgan Stanley more time to meet the terms of a $3.25 million loan forgiveness program.
Seven months into his first term, Rep. John Delaney of Maryland is charting a centrist course in a Congress bitterly divided by partisan politics. The effort, observers say, could be crucial in determining whether the Democrat will win re-election in 2014.
The Carroll Business Path, announced in January 2012 by the Board of Carroll County Commissioners and launched four months later, has met with more than 250 prospective entrepreneurs exploring their chances of launching a start-up in Carroll County.
Developer Michael Beatty pressed the City Council Thursday to approve the issuance of $107 million in bonds, saying that Harbor Point would remain a gravel-cover lot without city-financed infrastructure.
The council held a hearing on a plan to give a conditional loan of up to $160,000 to HP White Laboratory in Street, which county economic development director Jim Richardson said has been in the county for more than 50 years and is one of the oldest military testing firms.
Hosted by the BWI Business Partnership, economic development professionals from around the Baltimore-Washington corridor will gather for a Regional Economic Development Summit, Thursday, March 14 from 7:30 to 11:30 a.m. at the Hilton Baltimore BWI Airport, 1739 West Nursery Road, in Linthicum Heights.
Maryland's business leaders are pushing efforts to speak with a louder, more unified voice to state officials, seeing in federal budget cuts the necessity — or opportunity — of more attention for the private sector.
Howard County Executive Ken Ulman announced Friday that Lawrence Twele has been selected to serve as acting President and CEO of the Howard County Economic Development Authority, filling the vacancy created when Laura Neuman was sworn in as Anne Arundel County Executive.
SKW Constructors plans to hire up to 100 people to construct concrete tubes and fans at the Sparrows Point Shipyard and Industrial park in Dundalk, according to Baltimore County economic development officials.
Now that Brenda McKenzie, a economic development officer from Boston, has taken on the title of president and CEO, she faces the same challenge Brodie confronted 17 years ago: What should the BDC's priorities be and what are the best ways to achieve them?
A group formed by a Maryland businessman argued in a report released Monday that the state's Department of Business and Economic Development is a political marketing organization, rather than the job-creation agency it should be.
Gov. Martin O'Malley has postponed a planned post-Thanksgiving economic development trip to the Middle East, saying he does not want to create a distraction during the conflict between Israel and Palestinian as in the Gaza Strip.
For many, Christmas 2012 will not quite be the same without Stan Ruchlewicz, the City of Westminster's administrator of economic development and Main Street manager, who died of a heart attack on June 5 at age 56.
The Carroll County Department of Economic Development is working with the Maryland Department of Economic Development to assess the county's business losses related to Hurricane Sandy, late last month.
Former University of Maryland Terrapins basketball coach Gary Williams spoke to a group of more than 300 at Turf Valley in Ellicott City Wednesday night, as keynote speaker at the 2012 Howard County Economic Development Authority's annual awards.