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Tag Archives: Department of Business and Economic Development

Canadian firm plans hiring on Eastern Shore

A Canadian natural foods company plans to hire up to 100 workers for its new manufacturing facility in Cambridge, the state Department of Business and Economic Development announced Monday. Protenergy Natural Foods Inc. bought the manufacturing assets of Foodswing Inc. ...

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Wockenfuss Candies moving into new Parkville home

How sweet it is. That’s what neighbors in Parkville are saying now that the new Wockenfuss Homemade Candies has opened in an abandoned discount outlet near Northern Parkway and Chesley Avenue. A small U.S. Post Office is also stationed in ...

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O’Malley to bring more than 100 on trade mission to India

Gov. Martin O’Malley will embark on a trade mission to India, the first by a sitting Maryland governor, at the end of November with a delegation of more than 100 educators, business executives and elected officials, his office announced Tuesday. ...

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Terms of Bechtel’s subsidy are rare

The $9.5 million subsidy for Bechtel Corp. approved by Maryland last month is the largest such economic development incentive the state has dealt in more than 15 years. The deal was also a rarity in that it will simply pay ...

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State starts business-friendly push

CAMBRIDGE — State economic development officials urged local leaders on Wednesday to identify large projects that could be eligible for expedited state review and small businesses that need a boost from Maryland’s newest financing program. Both initiatives are central to ...

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Frederick Co.’s Boyer is moving forward in tough times

With the objects of its doting less responsive during these days of economic malaise, Frederick County is following in the footsteps of many frustrated suitors — it’s going speed dating. Laurie M. Boyer, the county’s economic development director, will travel ...

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Bechtel gets $9.5M to keep 1,250 employees in Maryland

ANNAPOLIS — Maryland will pay Bechtel Corp. $9.5 million to keep most of the company’s Frederick County operations and employees from moving to Northern Virginia. “We find ourselves in pretty extraordinary times,” said Christian Johansson, secretary of the Department of ...

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O’Malley planning November trade mission to India

Gov. Martin O’Malley will lead a six-day trade mission to India in late November, his second overseas economic development excursion this year. The delegation of state officials, educators and business executives from Maryland companies will travel to Mumbai, New Delhi ...

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Job creation legislation may be part of special session

ANNAPOLIS — Gov. Martin O’Malley said Wednesday he may push for job creation legislation during the special General Assembly session in October. Speaking after the Board of Public Works meeting, O’Malley said his administration is “considering” adding jobs measures to ...

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State’s venture fund authority eager for its opportunity

Gov. Martin O’Malley installed a nine-member board Wednesday to oversee the state’s planned venture capital fund that, if all goes as planned, will pump at least $70 million into young, high-tech companies. “For a modern economy to create jobs we ...

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