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SWED Archives: 2000- 2008
2007-'08 Hospital Billing and Collection Services (HBCS), based in New Castle Delaware, locates to a new facility on Northgate Drive in Salisbury. HBCS is a leader in the healthcare receivables management industry. With 28,000 square feet, they anticipate at least 50 jobs by September, and 175 - 200 jobs over the next few years. HBCS was formed to provide a nationwide group of not-for-profit hospitals with those billing and collection services that benefit from economies of scale, advanced technology and specialized expertise.
HBCS' new facility
2006-'07 The Siesta Group, a sleep software development company, begins operations at the airport, while The Knowland Group, an internet-based "reader board" service targeting the hospitality industry, relocates to Salisbury. SWED brokers a loan through the Southern Eastern Shore Revolving Loan Fund (SES-RLF) to Navtrak, Inc., a GPS product and service provider for fleet vehicles. With the help of Wicomic County Public Works, SWED assists Ferguson Enterprises, a plumbing/heating distributor, with their location to WestWood Commerce Park.
2005-'06 SWED supports House Bill 399, allowing more
flexibility to local jurisdictions in creating and expanding enterprise
zones. With financing and permitting assistance from SWED, Harvard Custom Manufacturing
(HCM) announced plans to expand the company's current
facility and add approximately two hundred new jobs. In partnership with
the Wicomico County Airport
Commission,
SWED establishes a business incubator in the former terminal building and
helped
secure funding for the
renovation from the Federal Aviation Administration, the Maryland Aviation
Ribbon cutting at airport incubator
2004-'05 SWED was instrumental in assisting Sklar Instruments in its merger with Trinity Labs, creating Trinity Sterile and retaining 55 jobs. SWED assists MaTech, Inc. in its site search, permitting, and expansion into a 150,000 sq ft facility in Northwood. SWED also assists Perdue Farms, Inc. in locating a site for a new corporate hangar, developing lease terms, and assisting throughout the permitting process. SWED accepts a lead role in working with developers of the Salisbury Mall property toward a Tax Increment Finance agreement. Perdue Farms renovates a manufacturing plant in Northwood into an "Innovation Center," a state-of-the-art research and development facility.
2003-'04 Germane Tool, a precision machine shop, relocates from West Chester, PA. SWED assists Filter Networks in its site search and other related "start-up" issues. SWED initiates and promotes a "Technology Partnering Showcase" in conjunction with TEDCO at Salisbury University. Through the Maryland Economic Adjustment Fund, SWED capitalizes an additional $100,000 to the SWED Business Expansion Fund. SWED assists Century Seals in the firm's acquisition of Finishing Technologies, Inc.
2002-'03 Cambrex chooses Northwood for a bio-tech manufacturing facility. SWED establishes a new $406,000 revolving loan fund for business development.
2001-'02 Helvoet Pharma purchases Wheaton PharmaTech, retaining two hundred manufacturing jobs in the Northwood Industrial Park. Bar None, Inc. purchases the local assets of The Order People, retaining one hundred fifty jobs. Silverton Marine announces plans to purchase the former Webcraft plant creating one hundred seventy-five new jobs. VPI Mirrex expands its Northwood facility, adding thirty-five new jobs. In conjunction with the Airport Commission and with the help of several SWED members, SWED creates a "schematic vision" for future development of the Air Business Center.
2000-'01 K&L Microwave purchases and renovates the former Eaton facility. Lorch Mircrowave constructs an addition to its current facility. Eastern Wireless TeleComm begins manufacturing microwave filters in the Northwood Industrial Park. The former Chris Craft plant is sold for the fourth time in 33 years.
The former Chris Craft plant
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Administration,
Md.'s Department of Business and Economic
Development and
the Airport Commission. SWED assists
Ameriscan, a "start-up" GPS
company founded by a recent graduate of Salisbury University, in locating to
the incubator at the
airport. SWED
assists the City of Salisbury and Wicomico County in efforts to expand the existing enterprise zone to
include WestWood Commerce Park and arranged a presentation from the
Maryland Industrial Development Financing Authority
(MIDFA) to area bankers and loan officers. SWED assists
in the
establishment of an Arts and Entertainment District in Salisbury's Central
Business District.
