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Middle River Aerostructure Systems plans to continue its expansion efforts after the completion of its acquisition April 18 by Singapore Technologies Engineering Ltd for $506 million. The Middle River airplane part manufacturer, which dates back to flight pioneer Glenn L. ...

Tagged with: Glenn L. Martin Lockheed Martin Martin State Airport Middle River Aerostructure Systems ST Engineering

Maryland-based Revere Bank announced record earnings for the first-quarter financials in a letter Tuesday to shareholders, showing an increase in net income of 4.1% compared to the fourth quarter of 2018 and 14.5% compared to the first quarter of 2018. ...

Miamisburg, Ohio-based Verso Corporation announced Tuesday it will close its paper mill in western Maryland, cutting 675 jobs in Alleghany County. Company officials said the decision to close the mill in Luke, about 25 miles southwest of Cumberland, was in ...

Redfin Mortgage LLC announced Tuesday it received approval to offer mortgage loans in Maryland, Florida and Tennessee. The company, a subsidiary of the tech-powered residential real estate company Redfin, is now offering fixed- and adjustable-rate conforming mortgages as well as ...

Greenberg Gibbons announced Tuesday Whole Foods will anchor the retail component of Towson Row, the $350 million mixed-use destination and new gateway to downtown Towson being developed in partnership with Caves Valley Partners. The 45,000-square-foot store will feature a 6,200-square-foot ...

A Silver Spring firm that caters to specialty agriculture clients has upgraded its price reporting tool.

A Baltimore firm that makes software for contingent staffing raised $500,000 in a pre-seed funding round.

Tagged with: Baltimore StafQuik

An aerospace company headquartered in Gaithersburg  launched new products on Tuesday at an unmanned and autonomous systems trade show in Chicago. Atlas Dynamics launched its AtlasNEST docking station for autonomous takeoff, landing and battery swapping for the company’s AtlasPRO unmanned ...

Tagged with: Atlas Dynamics gaithersburg Montgomery County unmanned aerial vehicle

Japan-based Takeda announced Monday the acquisition of the B Positive College Park Plasma Collection Center in Riverdale Park, which will become part of Takeda’s BioLife Plasma Services organization. Terms of the deal were not disclosed. BioLife collects high-quality plasma, essential ...

Baltimore-based Medifast recently announced Healthy Habits For All, a philanthropic program aimed to advance the company’s mission and bring lifelong healthy habits to underserved communities in Baltimore. Medifast has partnered with local nonprofit Living Classrooms Foundation as well as national ...