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NEWS
By David Horsey | May 6, 2014
After six decades of doing business in California, Toyota is moving its North American headquarters to Texas. That means 3,000 of the carmaker's jobs will be leaving Torrance and going to Plano, perhaps convincing California officials they should stop Texas Gov. Rick Perry at the border the next time he attempts to come to the Golden State for another raid on businesses. Toyota's surprise relocation will throw more gasoline on the burning argument about which state is a better economic model for the nation. California and Texas, two giant, powerhouse states that could stand on their own among the world's biggest economies, are seen as the perfect contrast between a high-regulation blue state and a low regulation red state.
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BUSINESS
By Gus G. Sentementes, The Baltimore Sun | June 23, 2012
It's not a matter of "if" but "when. " Medifast Inc., the No. 3 manufacturer of weight-loss food products, is growing so quickly in that industry that there will soon come a time when it outgrows its sole production facility in Owings Mills and builds plants elsewhere. To keep up with that rapid growth, Medifast plans on making $5 million in improvements to its headquarters and plant in Owings Mills over the next two years. But it's also considering other sites for the future, including a possible West Coast manufacturing site and one in Mexico to serve the growing Latin American market.
HEALTH
By Andrea K. Walker, The Baltimore Sun | February 18, 2011
Medical waste disposal company Daniels Sharpsmart Inc. said Friday it has opened a facility in East Baltimore. The facility, which became fully operational this month, will serve hospitals, clinics, medical and dental offices in Maryland, Washington, D.C., Delaware and Pennsylvania from the plant. The company said in a release that it was attracted to the area in part because of the quality of the region's hospitals. The company is known for its Sharpsmart system which allows for the safe disposal of needles and other sharp objects.
BUSINESS
By Lorraine Mirabella, The Baltimore Sun | February 15, 2012
Workers peered through safety goggles as they fitted together parts of the electric motors they were building on a General Motors assembly line in White Marsh. For now, the parts are made in a factory in Mexico and then shipped to Baltimore County for assembly. But not for long. By the end of the year, motors for cutting-edge electric vehicles will be built from scratch in a sprawling $244 million plant under construction next to GM's factory, now called General Motors Baltimore Operations.
BUSINESS
By Andrea K. Walker, The Baltimore Sun | June 7, 2010
Middle River Aircraft Systems will hire 200 people at its eastern Baltimore County plant during the next year to build brake systems for a redesigned jet that aircraft developer Boeing will soon bring to market. The additional jobs will raise the number of employees at the 1.7 million-square-foot plant to 1,000 at a time when most companies are still wary about hiring even as the economy shows signs of bottoming out. The planned hirings are a bright spot for the state's embattled manufacturing sector, which had been slowly deteriorating years before the recession hit. "This shows that companies like Middle River that really know how to embrace next-generation manufacturing can have job growth," said Mike Galiazzo, executive director of the Regional Manufacturing Institute.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | February 24, 2013
Maryland's approximately 30,000 nonprofits range from the smallest all-volunteer organizations to the largest private employer in the state. Greg Cantori loves them all. As CEO of Maryland Nonprofits since October, he's in his self-described dream job, running one of the nation's largest state associations for nonprofits after 20 years of working in the local sector. He recently chatted with The Baltimore Sun about challenges facing nonprofits and how they're coping. How much are federal budget pressures affecting local nonprofits?
NEWS
By Steve Kilar, The Baltimore Sun | February 14, 2013
SKW Constructors plans to hire up to 100 people to construct concrete tubes and fans at the Sparrows Point Shipyard and Industrial park in Dundalk, according to Baltimore County economic development officials. Subcontractors are expected to hire additional people to work on the project, including carpenters, mechanics, surveyors and truck drivers, the county said. "This project is a huge boost in our efforts to bring new businesses and new jobs back to Sparrows Point," Baltimore County Executive Kevin Kamenetz said in a statement.
BUSINESS
November 19, 2009
Chesapeake Shipbuilding said Wednesday that it has signed a contract to acquire about three acres of property adjacent to the shipyard. The acquisition would allow the company to expand and create as many as 125 new jobs. The land, located on the Wicomico River, is now an empty lot with a "derelict" bulkhead, the company said in a press release. The company designs and builds commercial steel vessels and has been in Salisbury for more than 30 years. - Andrea K. Walker
BUSINESS
By John E. Woodruff and John E. Woodruff,Sun Staff Writer | March 15, 1995
Maryland's economy generated new jobs in 1994 nearly twice as fast as originally thought but still lagged far behind the nation's employment growth rate, newly revised U.S. government figures show."
BUSINESS
Eileen Ambrose | January 5, 2012
The Associated Press is reporting that Macy's Inc. will close nine underperforming stores nationwide:  five Macy's and four Bloomingdale's. Among the closures are Macy's store in Laurel and the Bloomingdale's in North Bethesda. Overall, according to AP, more than 830 employees at the nine stores will be affected. They will be eligible for new jobs at other stores the retailer expects to open.
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