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Tag Archives: sunny day fund

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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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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State readies $9.5M offer to keep Bechtel workers in Frederick

ANNAPOLIS – Maryland is poised to offer Bechtel Corp. $9.5 million to keep the majority of its Frederick County workforce in place until 2018. The engineering and construction management firm, one of the largest employers in the county, has been ...

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O’Malley ‘considering’ 15 cent gas tax increase

ANNAPOLIS — Gov. Martin O’Malley is weighing a 15-cent gas tax hike as part of a package of proposals to spur spending on infrastructure, streamline regulations and cut into Maryland’s persistently high unemployment rate. The governor announced the initiatives Monday ...

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O’Malley proposal builds on effort to create wind market

ANNAPOLIS — Gov. Martin O’Malley has proposed legislation that would allow the state to lure wind turbine manufacturers to Maryland with economic development incentives up to $50 million. The proposal builds on the governor’s effort to create a wind energy ...

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