NEWS
January 6, 2008
Housing gloomy, despite uptick Sales of previously owned homes nudged up in November, but that didn't improve the broader picture of a feeble U.S. housing market racked by record-high foreclosures and harder-to-get credit. Even with the small 0.4 percent increase, the sales pace was still the second-lowest on record. Home prices also dropped 3.3 percent from November 2006. PHH's sale falls apart PHH Corp. announced that a deal to sell itself fell through because of financing problems.
NEWS
By Laura McCandlish | October 23, 2007
Maryland Midland Railway Inc., a 70-mile short-line railroad that primarily serves Lehigh Cement Co. in Carroll County, is being sold for about $29.1 million to Greenwich, Conn.-based Genesee & Wyoming Inc., operator of close to 50 short-line and regional freight railroads worldwide. Situated near the York Railway that Genesee & Wyoming already owns, Maryland Midland could eventually link up with that southeastern Pennsylvania line, executives from Maryland Midland and Lehigh, its biggest shareholder, said yesterday.
NEWS
By Sheridan Lyons | February 19, 2001
When Paul D. Denton joined the Maryland Midland Railway in 1986, two or three trains with five or six cars passed through Westminster each week. Maryland Midland's trains currently cross the Carroll County seat up to four times a day with as many as 40 cars, said Denton, its president and chief operating officer. Covered and open hoppers, bulkhead flatcars, tank cars and classic boxcars haul stone, coal, lumber, paper, fertilizer and cement - raw materials destined for roads, houses and industry not only in Carroll but also throughout Maryland, the United States and beyond.
NEWS
August 18, 2000
IF THE county relied on Commissioner Donald I. Dell to negotiate all of its land deals, the public treasury might soon be depleted. His personal negotiations, with the enthusiastic support of Commissioner Robin Bartlett Frazier, acquired a piece of a dairy farm near Union Bridge for more than six times its appraised value. He threw in a bunch of other financial sweeteners for the owners. That's $850,000 for land independently valued at maybe $130,000. Its remote location and lack of public water and sewer don't make it a prime site, even if the land is mostly zoned industrial.
NEWS
By Sheridan Lyons and Mary Gail Hare | September 25, 1999
The state will contribute $3.5 million toward a road-and-rail improvement in Union Bridge -- aimed at improving access for businesses while helping residents by reducing heavy truck traffic.Local and private money will cover the balance of the $5.5 million project that will provide a new road to the Lehigh Portland Cement Co. and a new Maryland Midland Railway Co. spur. The spur will mean removing railroad tracks through town, the state Department of Transportation announced yesterday."It's great," said Union Bridge Mayor Perry L. Jones.
NEWS
By Anne Haddad | June 28, 1999
An exhibit of paintings by Norman Rockwell and Andy Warhol, among others, will fill the void between Taneytown's Country Kitchen Restaurant and Skiles Funeral Home for four days beginning Aug. 5.Artrain, a traveling museum that has been taking fine-arts exhibits to rural areas since 1971, will make Taneytown the first stop of its 1999-2002 season.The five rail cars containing works by world-renowned artists will sit at the Maryland Midland railroad crossing at East Baltimore Street.The "Today Show" and People magazine have already called to inquire about doing stories.
NEWS
By James M. Coram | November 24, 1998
When Western Maryland Railway Historical Society signed a contract to buy the Union Bridge train station a few weeks ago, it was a dream come true for the 1,100-member organization."
NEWS
By James M. Coram | November 24, 1998
When Western Maryland Railway Historical Society signed a contract to buy the Union Bridge train station a few weeks ago, it XTC was a dream come true for the 1,100-member organization."
NEWS
By James M. Coram | November 24, 1998
When Western Maryland Railway Historical Society signed a contract to buy the Union Bridge train station a few weeks ago, it was a dream come true for the 1,100-member organization."
NEWS
By James M. Coram | November 24, 1998
When Western Maryland Railway Historical Society signed a contract to buy the Union Bridge train station a few weeks ago, it was a dream come true for the 1,100-member organization."