Richmond Fed Chief Keynotes SWED's 56th Annual Meeting
Approximately one hundred members and guests attended SWED's 56th Annual Meeting recently at Green Hill Yacht and Country Club.
The meeting featured a year in review by David Ryan and a keynote presentation by Tom Barkin, President and CEO of the Federal Reserve Bank of Richmond and a voting member of the Federal Open Market Committee. A special thank you to all of our sponsors!
First Shore Federal Savings & Loan
Maryland Department of Commerce
SVN Miller Commercial Real Estate
Salisbury Area Chamber of Commerce
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SWED hosted Maryland Department of Agriculture Secretary Kevin Atticks recently as he and his team visited Wicomico County. Dani Winters, principal of Winters Farm Florals began the day with a tour of her fresh cut flower business in Hebron. A Roundtable discussion followed at Green Hill and we finished the day with pie and ice cream (plus meaningful conversation) at Wright’s Market in Mardela Springs. The event provided the opportunity for collaboration and dialogue among Wicomico’s Ag Community and the State Department of Agriculture.
Salisbury-Wicomico Economic Development (SWED) has engaged BEACON at Salisbury University to conduct an economic impact study of the Port of Salisbury on our region's economy. Among other data sets, the analysis will include the value of shipments, jobs related to the port and the estimated efficiencies water commerce provides versus alternative transportation methods. The study will include the direct, indirect and induced economic impact of the port. SWED's Executive Director David Ryan said 'I think most people understand the importance and value of waterborne commerce to our economy as a whole and our supply chain specifically. This study will quantify that value and highlight the critical role the port plays in our economy'. The report is expected to be complete in early fall, 2025.
HopFlyt is dedicated to developing and commercializing next generation Electric Vertical Takeoff and Landing aircraft and has located to the Salisbury-Ocean City: Wicomico County Regional Airport’s (SBY) Unmanned Autonomous Innovation Center. The center is a new and purpose built facility designed as a hub to accelerate commercial UAS adoption in this unique geographical environment. HopFlyt will continue to development and test their electric and hybrid-electric VTOL aircraft product line.
