Get ready for the cost of Old Bay and other McCormick & Co. Inc. spices and seasonings to go up later this year. The Hunt Valley-based spice maker plans to raise prices for its products later this year because of a “dynamic cost environment,” CEO Lawrence Kurzius told Wall Street analysts during a conference call Thursday morning.
Baltimore’s RavenBeer is flowing again — with the help of a new partnership — after a more than year-long hiatus. The Edgar Allan Poe-inspired craft brewery inked a licensing deal this spring with Oliver Brewing Co., which is now responsible for day-to-day brewing operations, distribution and marketing for the 23-year-old RavenBeer.
Indoor air quality expert Martin Knott brings some fresh A.I.R. into a conversation about public spaces, safety and better oxygen as the world opens after the pandemic.
Coricka White’s promotion to refinery manager at Domino Sugar’s Baltimore facility came at a hectic time in the nearly century-old plant’s history. As the waterfront refinery replaced its giant, neon rooftop sign — its highest-profile asset and a staple on the Inner Harbor skyline — a roaring, three-alarm fire burned down the cavernous raw sugar shed on the property in April, forcing the company to halt the plant’s operations for more than a week.
Cecil County’s landscape is taking off in some new directions this summer with a slew of projects in the residential, entertainment and even sports tourism sectors. The rural county for years has used its vein of Interstate 95 to expand its industrial and e-commerce base with tenants like Amazon, Lidl and Medline moving into large warehouses. Now, a new push to grow even more along the major corridors of I-95 and U.S. Route 40 is getting into full swing — with the anticipated revenue that will follow expected to put the jurisdiction on the road toward a more solid future.
As coronavirus infections continue to plummet in vaccine-eager Montgomery County, attention is returning to some of the suburb’s pre-pandemic woes, including its sluggish economy. The affluent, well-educated county has lost thousands of high-paying jobs to neighboring jurisdictions since 2007, says a report commissioned by business leaders and set to release Friday morning.
The redevelopment of Mount Vernon’s Latrobe Building into a trendy boutique hotel includes plans for a full-service restaurant. The restaurant, which has a working name of “The Tulip Room,” “will be an upscale restaurant offering, breakfast, lunch and dinner service as well as room service to the hotel’s guests,” Justin Williams, an attorney for the project, told city liquor board commissioners. The soon-to-be hotel was approved for a liquor license Thursday.
Construction could begin within a year on a planned 1,300-unit waterfront community in the South Baltimore neighborhood of Westport after the developer agreed to sell parcels to town house and apartment builders. Stonewall Capital, based in Sparks, finalized its planned purchase Friday of 43 acres along the Middle Branch of the Patapsco River. The property was sold by Westport Property Investments, an entity controlled by the real estate firm of Under Armour founder Kevin Plank, for an as yet undisclosed amount.
Top investment executives at T. Rowe Price Group Inc. have high expectations for the global economy in the second half of the year and 2022 as economies across the world continue to recover from the Covid-19 pandemic. Vaccine progress, pent-up consumer demand and continued stimulus “should help sustain above-average growth” well into next year, said Robert Sharps, president of T. Rowe Price and head of investment, in the Baltimore-based money manager’s annual mid-year market outlook report. T. Rowe Price manages $1.59 trillion in assets as of May 31.
On episode 13 of The Conference Call, Damian continues his conversation with Marc Weller and Marc Broady of Weller Development, and Cherry Hill’s own Mike Middleton to get at the root value of partnership, and what that means for community health, impact, and legacy. Join us for a conversation about Marc Weller’s vision for creating lasting change in Baltimore and creating spaces that draw people to the city. Then we’ll hear what Mike Middleton sees as positive changes spreading outward from Port Covington.
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