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MD employment rose by nearly 12K jobs in July
Maryland employment increased by 11,700 jobs in July, with private sector gains leading growth and unemployment falling to 4.2%, just above the national average.
Dundalk manufacturing facility sells for $2.3M
Joseph Kavanagh Co. has sold its corporate headquarters and manufacturing facility at 8100 Lynhurst Road in Dundalk for $2.3 million.
GM, MD-based Lockheed to collaborate on defense projects
General Motors and Maryland-based defense company Lockheed Martin are collaborating on projects to strengthen the U.S. manufacturing and defense industrial base.
Musk’s SpaceX prices record $75B IPO at $135 a share
Elon Musk’s SpaceX priced the biggest-ever U.S. initial public offering at $135 per share, making it one of the world’s most valuable companies.
MD gains 3.2K jobs in March, officials estimate
The Maryland Department of Labor said total nonfarm employment in the state increased by 3,200 jobs in March.
MD importers sue Trump administration for tariff refunds. Is it worth it?
Several Maryland firms are suing for refunds after the Supreme Court struck down President Donald Trump’s “Liberation Day” tariffs.
Deere settles right-to-repair lawsuit with $99M fund, repair commitments
U.S. agriculture equipment maker Deere agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to repairs.
Samsung Biologics opens facility in Montgomery County
Samsung Biologics celebrated the opening of its first United States manufacturing facility with a ribbon-cutting ceremony in Rockville.
Carroll Community College awarded $850K for Ratcliffe Center
Carroll Community College has been awarded $850,000 to support the Ratcliffe Applied Technology and Trades Center.
MD vodka brand relocates manufacturing site to Baltimore
Lytos, a vodka brand based in Baltimore County, announced it will move its manufacturing operations to Baltimore’s Hampden area.
Biologics manufacturing facility to open in Rockville
Samsung Biologics, a biotechnology company based in South Korea, announced plans to open its first U.S. manufacturing facility in Rockville.
San Francisco sues top food manufacturers over ultraprocessed foods
The city of San Francisco sued, arguing that ultraprocessed food from the likes of Coca-Cola and Nestle casued a public health crisis.
