NEWS
By Dan Rodricks, The Baltimore Sun | April 28, 2013
Recession being the bane of piano retailers, it seems wholly remarkable that Harry Cohen and his son, Lou, decided to start selling Baldwins and Wurlitzers in 1937 - the year the economy relapsed toward the end of the Great Depression. But somehow the Cohens survived the recession of 1937 and 1938. In fact, the family business, founded in Philadelphia, thrived through three generations and extended into three states. Hundreds of families in Pennsylvania, Delaware and Maryland bought new and used pianos from one of the Cohens over the years.
NEWS
By Lawrence S. Wittner | March 13, 2013
At this time of severe cutbacks in government funding for food stamps, early childhood education and Meals on Wheels, some Maryland legislators are hard at work looking out for the welfare of one of the world's wealthiest corporations. Under a bill advancing in the General Assembly, the Lockheed Martin Corp. would have the taxes on its luxurious Bethesda hotel and conference center reduced by approximately $450,000 a year. An earlier version of the legislation also included a $1.4 million refund for the period since 2010.
NEWS
By Steve Kilar, The Baltimore Sun | February 13, 2013
In a cost-cutting move, a logistics division of Lockheed Martin is moving from Johnstown, Pa., to Middle River, according to a company representative. The 78-person Global Supply Chain Services team was notified of the move Thursday, said Emily Caruso, a Lockheed Martin spokeswoman. "Our goal is to make offers to all qualified employees willing to relocate," Caruso said. "We'll supplement that with local hiring. " Lockheed Martin is not renewing the lease on this division's workspace in Johnstown, a move that will save the company $1.6 million annually, she said.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | August 15, 2011
Lockheed Martin Corp. is warning state regulators that it will lay off 35 employees based at five Maryland military facilities because a contract to provide services at those locations is not being renewed. The Bethesda-based defense contractor told the state Department of Labor, Licensing and Regulation that layoffs would affect four employees based at the Naval Academy in Annapolis, two employees based at a Naval Observatory location in Montgomery County, 14 employees based at two Naval Support Activity locations in Maryland and 15 employees based at the Naval Air Station in Patuxent River.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | June 15, 2011
Defense contractor Lockheed Martin Corp. said Wednesday that it will lay off up to 95 employees in Greenbelt when a government contract expires in September. The employees affected are working on a multi-year contract with the National Archives and Records Administration to build a system for the agency's electronic records archive, a project now coming to an end. Lockheed said the layoffs, which could start in August and will finish by Sept. 30, will likely end up being less than the 95 total because it is working to place employees in other company jobs.
NEWS
By David Constable | October 26, 2010
U.S. industry consumes more than one-third of the energy used nationwide, according to federal government data. That statistic is sobering, but it also represents an opportunity for industry innovation and leadership. We must plan for the future with forward-thinking approaches to energy sourcing and savings. When industry makes even relatively small strides toward energy efficiency, the results are significant. At large companies, shutting off computers when they aren't in use can reduce annual carbon footprints by tens of thousands of metric tons.