NEWS
June 12, 2012
Your recent stories last week about the closing of Sparrows Point and the Maryland Port Authority's purchase of new cranes from China were sad in many ways ("Gloom hangs over Sparrows Point mill," June 5). This state does not care about manufacturing, even though it could be the foundation of the region's economy. Maryland does little to encourage an industry that at one time helped this country lead the world. Instead, the state purchases $40 million worth of equipment from China, a country that really should give us the cranes, since they will be used primarily to unload cheap Chinese consumer goods and to load raw materials we are exporting to China.
BUSINESS
By Bloomberg Business News | April 17, 1993
Consumer confidence is weakening as manufacturing and exports, two engines of the recovery, are stalling, reports showed yesterday."The economy is not really gaining momentum, but not losing momentum," said Peter Cardillo, director of research at Westfalia Investments.The University of Michigan's consumer sentiment index declined 84 in early April from 85.9 in March, a sign that post-election euphoria has worn off, analysts said.Industrial production was unchanged in March, stalled by a storm that paralyzed the Atlantic coast, the Federal Reserve System reported.
BUSINESS
By Ted Shelsby and Ted Shelsby,Staff Writer | January 2, 1994
The double whammy of the recession and Pentagon budget cuts hit J. Alexander Doyle's small manufacturing company hard -- real hard."Our employment and sales fell 30 and 35 percent, respectively, during the past year and a half," said Mr. Doyle, the owner of Micro Machining Inc., a precision-tool manufacturer in Woodlawn that employs 34 workers and grossed about $2.25 million last year.His company is hardly the only manufacturer in the state that has suffered in recent years. Mr. Doyle, president of the Maryland Manufacturers Association, a division of the Maryland Chamber of Commerce, said a lot of other factories -- big and small -- have been struggling.
NEWS
January 2, 1991
Allen Case, a founder of Case-Mason Inc. in Joppa, collapsed and died Dec. 15 as he was leaving his office to pursue one of his favorite pastimes -- goose-hunting on the Eastern Shore.Mr. Case, 64, of Warren Manor Court in Cockeysville drove himself to Fallston General Hospital complaining of a headache and was taken to the Maryland Shock Trauma Center, where he died of a brain aneurysm.As an organ donor, Mr. Case helped three other patients.A native of Quincy, Mass., Mr. Case was a 1945 graduate of the St. Paul's School for Boys and then attended the Johns Hopkins University, where he joined the Alpha Delta Phi fraternity.
BUSINESS
By Blair S. Walker | June 13, 1991
Terumo Medical Corp., a Japanese maker of disposable medical products that has a major manufacturing facility in Cecil County, announced that the plant is undergoing a $27 million expansion.The project will permit Terumo to produce several new product lines and provide 29 new jobs, according to the Maryland Department of Economic and Employment Development. Terumo currently employs 478 workers at its 417,000-square-foot plant, which is in Elkton."The Terumo Medical Corp.'s goal is to eventually produce 80 to 90 percent of Terumo Corp.
BUSINESS
July 10, 1997
Automated equipment producer F&M Manufacturing Inc. of Westminster will add 75 employees to its current 100, partly because of a state loan from the Board of Public Works that will help the company build a plant to consolidate its five locations.The $375,000 loan will cover only part of the $3 million price tag on the 80,000-square-foot manufacturing and headquarters site in the West Branch Trade Center in Westminster. Construction is expected to be completed by early August.F&M Chairman Dana Edward Caro said the new jobs will be divided equally between engineering and manufacturing.