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Private equity firm closes $350M acquisition of Baltimore company

A Texas private equity firm completed its $350 million acquisition of one of Baltimore’s largest cybersecurity companies Monday, taking one of the region’s few public companies off the stock market. ZeroFox Holdings Inc. (Nasdaq: ZFOX) was officially acquired by Austin, Texas-based Haveli Investments Monday morning, ending a process that began in February.

Maryland Key Bridge collapse worker retention program application process to close after Friday

Maryland is winding down its Key Bridge collapse worker retention program this week. The governor announced at a news conference Monday morning progress being made to reopen the Port of Baltimore, so applications for the worker retention program will close after Friday. Businesses in need of assistance can access programs through the Maryland Departments of Commerce and Housing and Community Development.

 

Read More: WBALTV
Towson Apple store workers ready to strike

Two years after organizing the first union at an Apple retail store, workers in Towson are preparing to take another unprecedented step: Becoming the first to go on strike against Apple. The union voted “overwhelmingly” to authorize a strike, according to a Saturday news release from the International Association of Machinists and Aerospace Workers’ Coalition of Organized Retail Employees.

Baltimore lumber company salvages fallen trees, protecting the environment

A Baltimore company is using sustainable practices to recycle and produce wood. The company has been doing it for 15 years. They’ve recovered thousands of trees from Baltimore City and Baltimore County. “I’ve never seen such beautiful wood. You just don’t think about it until you come to a place like this. What a unique place and a unique company,” a customer named Mike said.

Read More: WBALTV
Pimlico redevelopment plan primed for summer start with governor’s signature

With a scribble of his pen and a smile for the cameras on Thursday, Maryland Gov. Wes Moore pushed an ambitious plan to remake Pimlico Race Course. Moore signed a new law that enables the state to take ownership of the historic thoroughbred racetrack in Baltimore, spend hundreds of millions of dollars renovating it and eventually running races there. It’s a big bet to rescue a failing but economically important industry.

 

Conair, Gov. Moore celebrate opening of largest distribution center in Maryland

Dozens of business and government officials, including Gov. Wes Moore, celebrated the grand opening Friday of the Conair distribution center along Downsville Pike — a distribution center Conair officials said they believe is the largest in the state. Conair President and CEO Kristie Juster said “wow,” as she shared a statistic she learned Friday — that at more than 2.1 million square feet, every NFL team plus two practice fields would fit in the facility.

 

Washington County Career Expo draws 787

The Washington County Career Expo at Hagerstown Community College hosted 1,100 participants on Wednesday, April 17, from 11 a.m. to 3 p.m. in the Athletic, Recreation and Community Center (ARCC) on the HCC campus. The event included 170 organizations, with 342 representatives and 787 attendees. Participants and employers networked about job opportunities, resources and pathways to employment in Washington County.

Atlas plans chophouse, tequila bar to replace Pusser’s in Annapolis

Two new restaurants will fill the rum-soaked void left by Pusser’s Caribbean Grille in Annapolis after it closes this fall. A tequila bar called Armada and an Italian chophouse, Marmo, will replace Pusser’s, a destination on the Annapolis waterfront that’s slated to shut down in November after three decades in business.

Read More: Baltimore Sun
Exclusive: Massive scale of data center development plans in Frederick County addressed by company co-founder

A big hurdle standing in the way of a controversial data center development in southern Frederick County was swept away Thursday. Maryland Governor Wes Moore signed a bill exempting data centers from existing regulations on the fleet of massive diesel generators needed for backup power. Moore said he aims to “supercharge” the data center industry’s expansion into Maryland.

Read More: WUSA
South Baltimore Gateway Partnership announces nearly $1M in community grants

The South Baltimore Gateway Partnership (SBGP) Thursday announced $932,787 in community grants to support 24 projects across south and southwest Baltimore, the largest collective Community Grants funding amount yet. This round of funding attracted proposals totaling more than $2.4 million.

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