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News
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Salisbury
was recently featured in USAirways' monthly magazine. The magazine has a
circulation of approximately 4,000,000.
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The City of
Salisbury has been named All America City for 2010 by the National Civic League. |
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Chesapeake
Shipbuilding recently announced expansion plans at its Salisbury shipyard.
Chesapeake anticipates adding an additional one hundred positions
associated with the expansion. |
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SWED
held its 41st Annual Meeting at The Fountains. Wicomico
County Executive Rick Pollitt provided the keynote address. |
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Isotek, Inc., a division of Isotek LTD in Leeds, England, recently began
it's wireless components business in Salisbury's Northwood Industrial
Park. The company provides wireless component products to Original
Equipment Manufacturers and Network Operators.Isotek
Electronics, Inc., a provider of wireless components to Original Equipment
Manufacturers and Network Operators began its business in Salisbury's Northwood
Industrial Park.
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The Knowland Group recently
made the Inc.500 list. The local company beat out Noble Investment Group,
Kimpton Hotels and TravelClick. |
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Genevieve Holdings LP recently purchased the 40,000s.f. former Americhem
facility in the Northwood Industrial Park. The purchase provides
additional space for Trinity Sterile, a Northwood manufacturer of medical
kits for the health-care industry. Trinity anticipates adding sixty new
jobs to it's current base of one hundred over the next several years. |
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Navtrak has been ranked #19 in Deloitte & Touche USA’s prestigious “Fast
50” program for the state of Maryland. Navtrak's 316% revenue growth over
the past 5 years (2003-2007) places it among the top 20 fastest-growing
technology, media, telecommunications, and life sciences firms in Maryland
– and the only Eastern Shore-based company in the top 50.
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Hospital Billing and Collection
Services (HBCS), based in New Castle Delaware, held ribbon cutting
ceremonies at their 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.
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Virginia based Orbital Sciences Corp.
chose nearby Wallops Island to develop and test its new spacecraft, Taurus
II. The rocket is intended to deliver cargo to the International
Space Station. If the test mission is successful and NASA chooses
Orbital to deliver cargo to the space station, future missions could
originate from Wallops as soon as 2011. The project will result in 125
new jobs, with approximately 50 at Wallops. Approximately
one-third of the Wallops Flight Facility employees reside in Maryland. |
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The Siesta Group
recently began operations at the incubator at
Salisbury/Ocean City: Wicomico Regonal Airport. Siesta Group
offers the world’s most efficient PSG
scoring solution for diagnostic sleep centers in
North America and world-wide. Centered around Siesta’s unique Somnolyzer
24x7 technology, scoring a sleep study becomes as fast, reliable and
cost-efficient as never before.
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Wicomico
and Salisbury named to "100 Best Communities for Young People" for the
third consecutive year! America's Promise-The Alliance for Youth was
founded by General Colin Powell. Wicomico and Salisbury were
the only Maryland jurisdictions chosen this year. |
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Hospital Billing & Collection Services, LTD (HBCS), a leader in the
healthcare receivables management industry, chose
Salisbury for its new operations center. The company, leasing 28,000 s.f.
in the NorthGate Business Park, anticipates 175
new jobs over the next
several 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.
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The
Knowland Group, holder of the worlds largest database of group events,
recently relocated from Washington D.C. to Salisbury / Wicomico County.
Knowland, an internet-based
technology company, operates within the sales and hospitality industry.
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MaTech
recently held its grand opening for their facility on Naylor Mill Road.
They purchased and renovated the 150,000 square foot former Sealy plant in
Northwood Industrial Park. The expansion includes an additional one
hundred positions.
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Harvard Custom Manufacturing recently began constructing a 60,000 s.f.
addition to its Glen Avenue plant. The company anticipates adding an additional two hundred associates over the next two years. |
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Rinnier Development celebrates a ground breaking for its Rowen's Mill
subdivision located in the City of Fruitland. |
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Machining Technologies, Inc. (MaTech) announced
its recent purchase and scheduled renovation of the 150,000 s.f. former
Sealy Furniture plant in Northwood Industrial Park. MaTech is expanding
its state-of-the-art precision machine operation and anticipates adding an
additional one hundred associates to its current workforce of two hundred. |
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A ribbon cutting ceremony was held July 18, 2006 for the
newly renovated incubator space at the Salisbury/Ocean City: Wicomico
Regional Airport. Ameriscan, a GPS company and a subsidiary of Euroscan (Germany), recently began operations in the
incubator. SWED, in conjunction with Maryland DBED, the Airport
Commission, and the Maryland Aviation Administration helped to secure
funding for the necessary renovation. |
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Congratulations
Salisbury, Maryland on being ranked 55th "Hottest Small City" according
to Inc. Magazine. For "Overall Best City," Salisbury ranked 84 out
of 393. The list focuses on job growth, and "small city" is
determined as one with an employment base of less than 150,000.
According to Inc., "For several years now, the nation's entrepreneurial
hotbeds have been migrating from the major urban centers to smaller
cities on the periphery...The rise of these small communities is the
most important trend emerging from this year's survey of the nation's
hottest places to do business." |
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SWED's
General Membership Meeting was held at The Fountains Wedding & Conference
Center on April 19, 2006. Our guest speaker was the President of
Delmarva Power, Mr. Gary Stockbridge. Mr. Stockbridge spoke on the
topic of "Rising Energy Costs." |
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SWED held its 37th Annual Meeting at The
Fountains Wedding & Conference Center on October 12, 2005. Keynote
speaker was Aris Melissaratos, Secretary of Maryland DBED. |
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SWED helped Callidus, LLC begin operations
and develop marketing initiatives. Callidus, a company begun by
two Salisbury University students, develops and distributes software
for the sleep lab industry. |
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SWED was pleased to assist
Machining Technologies, Inc. (MaTech) in its expansion into the former
150,000 square foot Sealy plant in Northwood Industrial Park. MaTech plans to renovate and add an office component to the facility.
In addition to site selection and assistance in permitting, SWED,
along with Maryland DBED, provided funding through the SWED-Revolving
Loan Fund and MEDAAF, respectively. |
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Ground breaking ceremonies held for East Park Professional Center, located
just off Route 50 on Belmont Ave. in Salisbury. |
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SWED held its 36th Annual Meeting in the Comcast Executive Club at the
Arthur W. Perdue Stadium. Guest speaker this year was Chris Low,
Chief Economist at FTN Financial.
Chris is widely quoted in the business
press, and is a regular on Bloomberg TV, Bloomberg Radio, and NPR's
Marketplace. He regularly writes and delivers BBC Radio's U.S. business news.
The meeting was a success with nearly 100 guests. |
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Groundbreaking
ceremonies held in Fruitland for its new Prosperity Business Park located at the
intersection of US Route 13 and Cedar Lane.
A
brand new development, Prosperity Business Park, in the
City of Fruitland offers ten commercial building lots for
businesses looking for that hard-to-find perfect location.
Directly across
from Wal-Mart SuperCenter and near the Route 13 Bypass.
The development is in a highly visible location with an
excellent mix of area businesses that compliment each
other. |
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Westwood
Commerce Park,
located at the intersection of US Route 50 and the
recently completed Salisbury By-pass, offers 260 acres for
light industrial, corporate, and commercial businesses.
Westwood Commerce Park is a
new business development that will
serve as the gateway of economic activity in the Salisbury
area. Situated on 260
acres at the intersection of
US Route 50 and the new Route
50 Bypass, this route serves
the major artery for Ocean City
and resort area travelers.
The first lots were delivered Spring 2005. |
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SWED was proud to be a part of the UMES Rural Development Center's 15th
Anniversary Expo held April 7, 2004 at UMES. |
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SWED, in
conjunction with Salisbury University (SU) and the Maryland Technology
Development Corporation (TEDCO), planned the "Technology Partnering
Showcase" at SU on March 23, 2004. The event showcased technology
initiatives and research as well as commercialization opportunities
throughout the Lower Shore and Maryland.
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SWED, through the offices of Senator Paul Sarbanes, helps to secure
venture funds for NavTrak, a growing high-tech business in Salisbury. |
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SWED, in conjunction
with Maryland DBED, completed the transaction whereby Silverton Marine
Corporation purchased the former Webcraft plant (66,000 sq ft) in
Northwood Industrial Park. Silverton, selecting our community over
several others in Virginia, Pennsylvania, and Delaware, plans to create
one hundred seventy-five new manufacturing jobs over the next several
years. The company is an integral part of Luhr's Marine Group, one of
the largest independent, employee-owned boat builders in the nation. Luhr's also manufactures boats under the Luhr's, Hunter, and Mainship
brands. |
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Perdue
Farms recently purchased Helvoet Pharma's 22,000 square foot facility
and plans to establish a research and development center at the site. |
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SWED arranged a
recent tour of area industry for the Wicomico County Council. The
Council toured MaTech, Filtronic Comtek, Tishcon, Helvoet Pharma,
Piedmont Airlines, & Harvard Custom Manufacturing. |
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