Business Digest

BUSINESS DIGEST

July 12, 2006

ICAT Logistics breaks ground for building

ICAT Logistics Inc. broke ground last month for its 20,646- square-foot building on Douglas Legum Drive in Elkridge. The company, near Baltimore-Washington International Thurgood Marshall Airport, provides expedited transportation and logistics services.

The company, which has outgrown its quarters, organizes and guarantees delivery of critical freight such as medical products, rollouts for retailers, hazardous and biological waste, trade-show booths and displays, airplane engines, helicopter blades, automotive parts and other items.

Critical freight is defined as material that must arrive at a certain place and time and is typically heavier than UPS or FedEx services carry, said the company's chief operating officer, Mark Debinski.

Lancelotta Real Estate and ICAT Logistics were partners in the development of the property, which is scheduled to be occupied by Dec. 15. An additional 10,323- square-feet on the first and second floors of the building will be available for lease for office space.

Coale, Pripstein gets arts award

Coale, Pripstein & Associates PA, a Columbia accounting and financial services firm, has received a 2006 Governor's Arts Award from the Maryland Citizens for the Arts Foundation.

The award was presented at ArtSalute 2006, held May 25 at Maryland Institute College of Art in Baltimore.

The company was recognized for its long-term commitment to the arts and its financial support, in-kind services and volunteer work on behalf of the arts community.

The firm and its owners, Edmund Coale and Eric Pripstein, have provided financial support and expertise to Young Audiences of Maryland for 15 years. The Columbia Center for Theatrical Arts is also a beneficiary.

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