maryland department of business and economic development

Nicholas Tsakalos, 72, co-owner of H&S Bakery, the Southeast Baltimore business founded by his father and grandfather, died Wednesday of complications related to Lewy Body Dementia at his Baltimore County home.

By Jacques Kelly

Nov 19, 2015

State analysts urged lawmakers Tuesday to scrap Maryland's controversial film tax credit, arguing the state hasn't been benefited enough from the $62.5 million poured into television and movie companies since 2012.

By Erin Cox

Dec 2, 2014

Thursday column contextualizing Hogan's assertions about Maryland economy

By Dan Rodricks

Oct 24, 2014

The state plans to seek repayment of a $9.5 million loan provided to the global engineering and construction giant Bechtel Corp. as an incentive to keep jobs in the state, after the firm said this week that a global restructuring would lead it to relocate a "substantial" part of its Frederick office.

By Natalie Sherman

Oct 19, 2014

Government contractor Bechtel Corp. announced Tuesday that 1,000 employees now based in Frederick will be moving to offices in Virginia starting next year.

Hampstead's new Town Manager talks about work, life and business

Six months after the Howard County Council passed a bill intended to help food distributor Coastal Sunbelt Produce remain in the county as it expands its operations, the company broke ground on the new site that will make that expansion possible.

Town resident Tammi Ledley will begin her new job Aug. 18

While potential cuts of up to nearly 4,300 military and civilian jobs at Aberdeen Proving Ground are far from a done deal, Harford County leaders stressed the need Monday evening for local residents to get an early start on letting the Army know about the impact any such cuts will have on the region's largest employer and on their community.

The new regional organization that will foster the hoped for growth of private sector additive manufacturing, also known as 3D printing, in Harford and Cecil counties has hired an executive director with considerable background in using the technology.

Inside Aberdeen Proving Ground, an estimated 21,000 people report to work on any given day, conducting research in massive new federal buildings. But outside the base, gleaming new offices completed in anticipation of economic spillover stand empty, a reminder of growth that has remained tightly contained.

Northrop Grumman broke ground Monday on a 25,00-square-foot facility specializing in cargo bound for space, the latest expansion for Maryland's slowly growing space industry.

The state said Tuesday it has approved bigger tax breaks for industrial properties in Southeast Baltimore, including the site of the new Amazon warehouse. The benefits, which are designed to spur job creation in an area where several businesses have recently closed, went into effect July 1.

More than 100 applicants are vying for $12 million worth of Maryland tax credits available to biotechnology investors in fiscal 2015, state economic development officials said.

State is investing wisely in innovation, research and entrepreneurship for the 21

The last time the military consolidated, Maryland's installations grew. But base realignment and closure usually goes the other way — and the Army is calling for another round. Officials in Maryland aren't waiting to see what happens. They're already preparing.

Baltimore County received $1.5 million to fund small, women and minority owned businesses through the Maryland Small, Minority and Women-Owned Business Loan Fund, according to a Wednesday, June 18 county-issued statement.

A $1 million investment from a state economic development fund, which officials called the largest in the fund's history, is luring software company Salsa Labs and its 50 employees to Maryland.

City officials went shopping for deals at a Las Vegas retail real estate conference this week, looking for big name stores to locate here, even as one developer stopped work on plan for a Walmart in Remington.

Four startups won $100,000 each Monday night in the second InvestMaryland Challenge, a state-run competition to help promising new firms and encourage relocation from other parts of the country.

Governor Martin O'Malley signed a bill Thursday creation a regional 3D printing and additive manufacturing authority in collaboration with Edgewood Chemical Biological Center at Aberdeen Proving Ground.

Connecting established local companies to expert help — pioneered as "economic gardening" in Littleton, Colo. — is catching on across the country. Maryland dipped its toe in the waters last year with a pilot and is officially launching its own program now, called Advance Maryland.

Biotechnology company MedImmune said Tuesday it has expanded a bioresearch collaboration it started with the University of System of Maryland.

Move brings advanced manufacturing to Catonsville area

The debacle regarding film tax credits at the recent legislative session could potentially cause Maryland to lose one of the finest TV programs around today, and all because of misunderstanding of an industry and reliance on failed history.

'House of Cards' could receive extra tax credits under deal in General Assembly

Spice giant McCormick & Co. Inc. is considering moving its corporate headquarters from Sparks in northern Baltimore County to combine administrative functions in a single site elsewhere in Maryland or southern Pennsylvania, the company said Wednesday.

Harford legislators are spearheading a bill to create a 3D printing authority in collaboration with the Edgewood Chemical Biological Center at Aberdeen Proving Ground.

High-profile cyber attacks on organizations such as Target and Neiman Marcus have drawn increased attention to the cybersecurity industry — an industry that continues to thrive in Maryland, and specifically in Howard County.

Hampstead-based Jos. A. Bank Clothiers will be acquired by rival Men's Wearhouse for $65 a share in cash, a $1.8 billion deal that ends a months-long hostile takeover fight.

An expanding Harford County can manufacturer will receive $535,000 from the state — a loan that will convert to a grant if conditions are met — to upgrade its plant, state officials said Friday.

The problems plaguing the Maryland Health Benefit Exchange have exposed the cheap facade of Mr. O'Malley's presidential pitch: that he is the "data driven," "results oriented" leader who gets things done. In a 2013 Politico article titled "Martin O'Malley wants to be Mr. Fix It," O'Malley said, "we're not arguing for bigger government. We're arguing for more effective government, and also smarter investments."

Maryland government officials should try to get more economic ripples from the Wallops Flight Facility — just over the line in Virginia — by capitalizing on space tourism and the potential from unmanned aircraft, according to a new study.

The GOP GOP should present a united front on expansion of the Maryland Small Business Development Financing Authority

Susan Aplin worked behind the scenes for two decades helping run some of the biggest retail brands around– Williams Sonoma, Sports Authority, Staples, The Gap, Banana Republic, Old Navy and Pottery Barn. But after traveling to Alaska's Prince William Sound, she found her true calling – retail with a cause and online retailer bambeco, seller of sustainable home furnishings, was born.

Red Maryland attempts to fact check O'Malley's State of the State speech.

The German-based Fuchs, which manufactures spice concoctions for the food industry, is building a new North American headquarters in Hampstead, relocating its operations from Baltimore County.