Monday, November 25, 2024 | Baltimore, MD
FOLLOW US:

Business

Greenland Technologies picked Md. for its first U.S. manufacturing site. Here’s what it’s looking for next.

In its search for a site to open its first U.S. manufacturing facility, Greenland Technologies Holding Corp. found everything it needed in Maryland — a strong workforce, robust logistical network and a shared commitment to clean energy. CEO Raymond Wang said the company visited a lot of states, but it was Maryland that went “above and beyond” to secure a deal for Greenland Technologies (NASDAQ: GTEC) to open a 54,000-square-foot production center at the Nottingham Ridge Logistics Center in White Marsh next month.

Georgia bedding manufacturer to open in Havre de Grace, creating 225 new jobs

A Georgia-based furniture and bedding manufacturing company is expanding to a warehouse in Havre de Grace, adding 225 new full-time jobs to the suburban market over the next three years. Elite Comfort Solutions will move into an industrial complex at 1900 Clark Road in the small town that sits on the Chesapeake Bay off Interstate 95. The firm is based in Newnan, Georgia, a southwestern suburb of Greater Atlanta, and is a subsidiary of the manufacturer Leggett & Platt Inc. (NYSE: LEG). Leggett & Platt is based in Carthage, Missouri and has 20,000 employees worldwide with reported revenues of $4.28 billion in 2020.

100 us dollar bill
Inflation divide: The wealthy splurge, the poorest pull back

Americans at the low end of the income rung are once again struggling to make ends meet. A confluence of factors — the expiration of federal stimulus checks and surging inflation on staples like gas and food — are driving an even bigger wedge between the haves and have-nots. While wealthier shoppers continue to splurge, low-income shoppers have pulled back faster than expected in the past two months. They’re focusing on necessities while turning to cheaper items or less expensive stores. And they’re buying only a little at a time.

 

Md. nonprofit aims to be ‘marketplace’ for entrepreneurial moms

Andrea Oliver has always taken issue with how society perceives stay-at-home moms. “The misconception of stay-at-home moms is, you’re very free. You’re only running errands and taking care of your child,” she said. “Some people are thinking that if you’re stay-at-home, you don’t have a skill to contribute to society or make money.” That’s why Oliver, a resident of Bel Air in Harford County, launched a nonprofit aimed at helping single and stay-at-home moms use their parenting skills, from cooking to crafts, to start a business or side hustle. 

Maryland-based Marriott International to suspend all operations in Russia

Marriott International says it’s going to suspend all of its operations in Russia amid the ongoing invasion of Ukraine. The Bethesda-based hotel operator, which has operated in Russia for 25 years, said Friday that it has decided that newly announced U.S., U.K. and EU restrictions will make it impossible for the company to continue to run or franchise hotels in the Russian market. Marriott previously announced in March that it was closing its corporate office in Moscow and pausing the opening of upcoming hotels and all future hotel development and investment in Russia.

Former Bernheimer department store in downtown Baltimore is being made into apartments

It was 95 years ago that the name Bernheimer disappeared as a Baltimore retailing legend. The big downtown department store sold out to the May Company that year, leaving behind a collection of solidly constructed buildings where you could once buy everything from a hairpin to a fur coat, and maybe some World War I surplus cavalry horses, too. One of the Bernheimer properties downtown is slated to become 107 apartments, adding to the developing residential neighborhood made of older commercial buildings where Baltimoreans worked and shopped for decades.

Read More: Baltimore Sun
With access to counsel on horizon, lawyers ready for shifts in eviction cases

Maryland’s legal community is preparing for the seismic changes to landlord-tenant cases that will come with the impending arrival of access to counsel in evictions. The statewide program is set to launch in the coming years after Maryland lawmakers passed legislation in the 2022 General Assembly session to fund legal representation for low-income renters facing eviction. In some parts of the state, variations on an access to counsel program are already underway. Baltimore County, for example, offers day-of assistance to tenants in need of legal guidance.

Inspection shows continuing failures at Baltimore’s Patapsco wastewater plant as Maryland mulls another takeover

A May inspection of Baltimore’s Patapsco Wastewater Treatment Plant showed continuing failures to properly treat and dispose of solid waste, preventing the plant from filtering out pollutants to a level to be expected after millions of dollars of investments at the facility in recent years. In a report dated May 18-21, the Maryland Department of the Environment laid out 18 steps that must be taken to bring the Wagner’s Point plant into compliance with environmental permits and regulations.

Read More: Baltimore Sun
U.S. DOT Push to Fund Passenger and Freight Rail Projects Includes Port of Baltimore Improvements

The U.S. government is doling out millions of dollars to railroad projects throughout the country in hopes of improving supply chains and passenger rail service. The announcement by the Biden administration of $368 million in Consolidated Rail Infrastructure and Safety Improvements will go to more than 46 projects designed to improve safety and broaden the nation’s rail infrastructure. About $15.8 million is set to come to Maryland to add four new working tracks and two crane rail beams within the Port of Baltimore’s Seagirt Marine Terminal.

After a few tumultuous years, Baltimore Museum of Art director Chris Bedford ready to make ‘quiet and dignified exit’

Chris Bedford is wrapping up his time in Baltimore quietly. He plans leave his job Friday as director of the Baltimore Museum of Art without so much as a whiff of controversy. Low-keyed restraint hasn’t come naturally to Bedford, 45, during the previous six tumultuous years. But, there’s always a first time.

Read More: Baltimore Sun

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.