Regulators pressed Western Maryland paper mill to cut pollution but preserve jobs. Now, both will vanish.

Maryland environmental regulators were in talks with a Western Maryland paper mill about how to significantly reduce the facility’s output of a harmful pollutant when its owner shocked state officials last week by announcing plans to shutter the 131-year-old factory. With data showing the Luke mill has at times exceeded the latest federal standard for sulfur dioxide emissions over the past two years, Maryland Department of the Environment officials and Ohio-based mill owner Verso Corp. said they were discussing what exhaust-scrubbing technology could be installed. (Balt. Sun)

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Officials announce job fair to help workers affected by Luke paper mill closure

Gov. Larry Hogan and other Maryland and West Virginia officials on Thursday announced an upcoming job fair to serve the workers and families impacted by the impending closure of the Luke paper mill in Allegany County. Ohio-based Verso Corp. will close the 131-year-old Verso Paper Mill by June 30, resulting in 675 people losing their jobs. The employees live in Maryland and West Virginia. The job fair will be held on Tuesday, May 14 at the Bruce Outreach Center in Westernport. So far, more than 55 companies have signed up to participate. (Balt. Bus. Journal)

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Baltimore software firm Fearless launches new business incubator

Baltimore software firm Fearless Solutions has launched its own incubator to help other tech-based firms looking to grow. The 10-year-old tech company, which specializes in developing software platforms for nonprofit organizations and public agencies, was launched out of an incubator at University of Maryland, Baltimore County and moved to Baltimore in 2015. The company has grown quickly over the last few years. It recently expanded its office space inside the Cordish Co.'s Spark Baltimore coworking operation at Power Plant Live!, as it looks to reach the 100-employee mark this year. (Balt. Bus. Journal)

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Elrich Blasts Council Over Rejection of 9% Raises for Some Union Workers

Montgomery County Executive Marc Elrich is criticizing the County Council for rejecting the contract with the county’s main government union, Local 1994 MCGEO, which would have given raises of more than 9% to some employees. The council’s unanimous votesignaled the MCGEO raises were fiscally unsustainable and members asked that the raises be pared down to about 6%, which is closer to the raises members of other county unions will receive next year.  The larger raise this year stemmed from a series of make-up steps agreed to after previous councils decided not to fund in years following the 2008 recession. (Bethesda)

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Md.’s Kanaris Group acquires Uproar PR

Maryland-based Kanaris Group acquired Uproar PR from co-founders Mike Harris and Catriona Harris, company officials announced Wednesday. Terms of the deal were not disclosed. The acquisition comes on the heels of eight years of significant growth for Uproar, an international PR and social media firm with offices in Chicago and Orlando, Florida.  After the acquisition, the firm will focus on strategic and controlled growth with expanded service offerings and an increase in staff. (Daily Record)

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New Under Armour Omni Distribution House Opens In Sparrow Point

The ribbon is officially cut on the new Under Armour Omni Distribution House on Tuesday. Gov. Larry Hogan spoke and cut the ribbon at the new location, a 1.3 million square foot distribution and warehouse at Sparrows Point in Baltimore County. Courtesy: Gov. Larry Hogan’s Office The new location has over 600 employees and equipment and systems to “enhance the company’s product distribution,” The governor’s office said in a release. (WJZ-TV)

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Sinclair Broadcast boosts revenue in first quarter but misses earnings estimates

Sinclair Broadcast Group boosted its revenue in the first quarter of 2019, but missed Wall Street’s earnings estimates. Sales grew nearly 8.5% to $722.1 million, compared with $665.4 million in the first quarter of 2018, the company reported Wednesday. Net income for the three months that ended March 31 fell to $21.7 million, or 23 cents per share, compared with $43.1 million, or 42 cents per share, in the same quarter a year earlier. Earnings were 31 cents per share on an adjusted basis. That came in well below the expected 15% drop to 39 cents each, according to Zacks Investment Research. The company surpassed Wall Street’s expected revenue growth of 6.6% to $709 million. (Balt. Sun)

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Iconic Ocean City Flamingo Motel sold to local buyers

 The Flamingo Motel, an iconic, family-owned establishment in Ocean City, has been split up and sold to local buyers. For more than 50 years, the Brous Family has owned and operated the Flamingo Motel, which has 112 rooms and 51,260 square feet. But now, the family is looking to pass the business on, said Ken Church, a Realtor with Bud Church Realty, Inc. who is handling the sale. "In October, Joel Brous came to me and said that he wanted to go a different route," Church said. "He had been in the business for many years, but he wanted to do something different now." (Sailsbury)

 

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