In Business

In Business

October 06, 2007

Acquisitions

Shore Bancshares Inc., based in Easton, acquired TSGIA Inc. & Subsidiaries of Salisbury, a regional wholesale insurance agency, and marine insurance agency Jack Martin & Associates Inc. of Annapolis. The principals and staff of both acquired firms will be retained. Edward A. Dickerson, chief executive of Salisbury-based TSGIA, will also serve as CEO of a newly formed wholesale insurance subsidiary of Shore Bancshares, which will be managed separately from the company's group of retail insurance subsidiaries.

Atlantic Industrial Inc., a Columbia-based construction support services company, acquired North Atlantic Scaffolding Co. of Portland, Maine. It will become a regional office within its Atlantic Scaffolding division and will be under the management of the company's former owners.

Awards

Towson University named Larry Fiorino, chief executive officer of Baltimore-based technology firm G.1440, as a distinguished alumnus.

Baltimore magazine was presented with two 2007 Ozzie awards, a gold for best use of an illustration and a bronze for feature design. The awards are presented annually by Folio: magazine.

Contract

Bethesda-based International Nuclear Recycling Alliance signed a contract with the U.S. Department of Energy to evaluate development of a nuclear fuel recycling center and an advanced recycling reactor. The contract was awarded within the framework of the Global Nuclear Energy Partnership.

Openings

Ideal Fitness, a personal training studio in Harford County, opened at the intersection of Route 22 and Route 543 under the direction of trainer Colin Wilcoxen.

FedEx Kinko opened an office and print center at 10540 York Road in Cockeysville.

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