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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'Transportation as an Economic Catalyst' was the theme at our 57th Annual Meeting held at the Wicomico County Youth & Civic Center. More than one hundred attendees networked and heard updates and strategies to drive economic growth from Tony Rudy (Director of Aviation at SBY Airport), Cliff Grunstra (Executive Vice President and Chief Commercial Officer of Carload Express) and SWED Executive Director David Ryan (substituting for David Pierce of NASA's Wallops Island Flight Facility due to the government shutdown). John Hickman and Ashley Panagakos of BEACON at Salisbury University provided results of an Economic Impact study of the Port of Salisbury. The study found the Port has an overall annual economic and employment impact of $225 million and 600 jobs in Wicomico County, respectively.

Early in 2025 and with funding provided by the Tri-County Council of the Lower Eastern Shore and the Rural Maryland Council, SWED engaged BEACON at Salisbury University to conduct an Economic Impact Study on the Port of Salisbury. The purpose was to highlight the importance and quantify the value of Maryland’s second largest port to our local economy. The Wicomico River and Port of Salisbury play a critical role in local supply chains, area industries, and overall economic activity. Review the Report Here.

The University of Maryland Eastern Shore (UMES) cut the ribbon for the opening of its Part 147, FAA Certified Aviation Maintenance Technician (AMT) school at the Salisbury - Ocean City: Wicomico County Regional Airport. The program is the result of a collaborative partnership between Wicomico County, UMES, the State of Maryland and Piedmont Airlines. Piedmont and its parent company American Airlines, donated an Embraer 145 jet to the school. More than two hundred people attended the event.

























































