Washington County officials cut ribbon, welcome Ring Container Technologies

Local officials cut a ribbon Friday to welcome Ring Container Technologies, a manufacturing company that recently opened for business in Washington County. "It's such an honor," said Holly Combs, plant manager for the Hagerstown-area operation, following the grand-opening ceremony. "I'm very humbled and grateful." The company spent roughly $6.5 million to retrofit 78,000 square feet of space with new equipment inside a large warehouse at 16522 Hunters Green Parkway off Hopewell Road, north of Interstate 70. (Herald-Mail)

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July 13 // Housing indicators reflect strong seller's market in Baltimore region

The listing for Michael Rothmeier’s Parkton home went live on a Thursday. It sold four days later for $17,000 above the list price. The home’s quick sale reflects a regional housing market that is heating up as household incomes and jobs grow. Homes are selling faster than they have been in a decade and for more of the asking price than in years. The median days on the market for homes listed for sale in the Baltimore region was just 15 days in June, “by far” the fastest in the last decade, according to monthly data provided by MarketStats by ShowingTime based on listing activity from Bright MLS. (Balt. Sun)

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Ravens announce digital ticketing for game days, new 4K video boards at M&T Bank Stadium

The Ravens on Thursday announced a slew of modernizing changes to M&T Bank Stadium’s operations for the upcoming season. What could be considered both relief for the forgetful and the bane of collectors and sentimental people alike, the Ravens are doing away with paper tickets from here on out, beginning with the 2018 season. Fans can access their tickets through the Ravens Mobile App, which can be accessed on a smartphone in its corresponding app store. Using the app, fans can display, sell and send tickets easily. (Balt. Sun)

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Sprouts Farmers Market sets opening date for Towson store

Four months after opening its first mid-Atlantic store in Ellicott City, Sprouts Farmers Market has announced an opening date for its Towson location. The 30,000-square-foot store at 803 Goucher Blvd. will open July 25 at 7 a.m. with a ribbon-cutting ceremony and plenty of giveaways and deals for shoppers. The store, first announced in March, will be Sprouts' second in the state and takes over the space once occupied by retailer hhgregg. (Balt. Bus. Journal)

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Former schools superintendent Grasmick named first female board chair of Kennedy Krieger

Baltimore's Kennedy Krieger Institute has tapped former Maryland State Superintendent of Schools Nancy Grasmick to be the new chair of its board of directors. She is the first woman to hold the position at the organization. Grasmick replaces outgoing board chair Howard B. Miller. The institution also named Baltimore Ravens' President Dick Cass as the new vice chair of the board to replace Grasmick, who held the position for four years. (Balt. Bus. Journal)

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Widespread support, a couple passionate detractors at Bosley Estates public meeting

More than 50 people packed a public meeting Wednesday night to give feedback on a proposed condominium development at the site of the historic Bosley Mansion in Towson’s Southland Hills neighborhood. During the sometimes emotional meeting held at the George Washington Carver Center for Arts and Technology, some residents criticized the proposal for the Bosley Estates project. But many others said that though the project is not exactly what they wanted, they want it to move forward. (Balt. Sun)

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Baltimore bank fees rank among highest in nation, study says

If you have a bank account in Baltimore, there's a good chance you are paying higher overdraft and ATM fees than your friends and family in places like Boston, Denver and New York. A recent study by DepositAccounts.com ranked Baltimore No. 10 on its list of 50 cities with the highest bank fees. The study uses data about the ATM fees, overdraft fees and monthly service fees from more than 1,700 banks and credit unions across the country to determine the rankings. (Balt. Bus. Journal)

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Northrop Grumman CEO Wes Bush to step down, reveals transition plan

Northrop Grumman Corp. CEO Wes Bush will step down in January and will be replaced by Kathy Warden, currently the president and chief operating officer of the Falls Church defense giant, the company announced late Thursday. Warden’s ascension will mean that women run three of the most prominent defense firms in the industry at a time when female CEOs are all too rare in the Fortune 500 — women are at the helm of 24 of the 500 biggest companies in the U.S., down significantly from the prior year. (Balt. Bus. Journal)

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