December 8 // Medical supplies manufacturer Medline to open distribution center in Perryville, add 200 jobs

Medline, an Illinois-based medical supplies manufacturer and distributor, plans to build a 1.1 million-square-foot distribution center in Perryville, where it will relocate operations from its current center in Havre de Grace, the Maryland Department of Commerce announced Thursday. The move to the Principio Business Park facility, expected to be LEED-certified, will nearly triple the company’s workforce, adding more than 200 jobs in the next six years, officials said. (Balt. Sun)

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UM Ventures launches new fund, entrepreneurship space in Lion Brothers building

A new innovation space from the University of Maryland, Baltimore is opening inside the historic Lion Brothers building on Hollins Street. About 6,200 square feet of the 38,000-square-foot building will be dedicated to offices, class/meeting rooms and coworking space geared toward supporting entrepreneurship and technology startups. The new space will be called the GRID, an acronym for Graduate Research Innovation District, and will be housed in the revamped former Lion Brothers Co. clothing and embroidery factory near the university's BioPark campus. (Balt. Bus. Journal)

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300-unit development planned for Fells Point waterfront

Elm Street Development is planning a new 300-unit apartment and condo development along the waterfront in Fells Point. The property at 2001 Aliceanna St. is currently the site of a two-story warehouse, leased by the National Aquarium, and a large parking lot. The Virginia-based firm hopes to break ground on the residential project next fall, once the aquarium moves out of the warehouse to a new building it is erecting in Jonestown. (Balt. Sun)

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Planning board OKs mixed-use project that will bring public aquatic center to Silver Spring

A public-private effort to build housing and a fitness and aquatic center in Silver Spring made significant headway Thursday. The Montgomery County Planning Board unanimously approved plans for overhauling the Elizabeth Square site by building a government-operated center with an 11-lane competition pool, two other pools, a gymnasium and other public amenities. (Bethesda)

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Not enough marijuana to go around as Salisbury dispensary opens

Medical marijuana is available on Maryland's Eastern Shore for the first time. But there's a catch: The region's lone dispensary has so little product that it is only accepting patients who have pre-registered with the company. "We are contacting pre-registrants via email, so if you are properly pre-registered, please expect to see an email from us in the near future," Peninsula Alternative Health said Thursday morning on its Facebook page. "We expect to open to non pre-registrants later in the month." (Daily Times)

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Maryland to receive almost $10 million from Mylan over EpiPen charges

Maryland will receive almost $10 million as part of a settlement agreement with Mylan Inc. related to allegations that the pharmaceuticals company spiked prices of the EpiPen and committed Medicaid fraud. Maryland's coffers will receive $9.98 million as part of a $465 million state-federal settlement between the U.S. Department of Justice and Canonsburg, Pennsylvania-based Mylan and its subsidiary, Mylan Speciality L.P., earlier this year. Collectively, the states are receiving a total of $213.9 million. (Balt. Bus. Journal)

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Comptroller visits, gives proclamation in support of Carroll local business

For Maryland Comptroller Peter Franchot, Thursday afternoon was filled with seeing what makes Carroll County the community it is — from the youth who give back to the corporations who create jobs to the local businesses that help hold the community together. On the third and final stop of his Carroll County tour, Franchot took time to check out The Mill of Hampstead, a family-owned business with six locations throughout the state. (Carr. Co. Times)

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Shore nonprofits economic impact study planned

The Worcester County Commissioners voted 5-2 to contribute funding for a study gauging the economic impact of nonprofits on the Eastern Shore. At the request of Merry Mears, Worcester County’s economic development director, the commissioners agreed to contribute $1,500 to the Community Foundation of the Eastern Shore (CFES) for a study on the impact of nonprofits on the shore. (Dispatch)

 

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