Maryland

This section includes articles related to area economic development, corporate relocation, company expansion and site selection news throughout Maryland.

Caroline County MD

Crystal Steel Fabricators Opening Maryland Manufacturing Facility

The structural steel fabricator will create 126 new jobs in Caroline County, MD with assistance from the Maryland Economic Development Assistance Authority and Fund.

WeddingWire To Expand, Create 200 New Jobs in Maryland

The growing wedding and event company plans to extend its corporate headquarters in Montgomery County, MD.
Cecil County

Lidl US Will Create 100 New Jobs In Maryland

Retailer Lidl will invest $100 million to establish a new regional headquarters and distribution center in Cecil County, MD.
Novavax Maryland

Novavax Adding 850 Jobs In Maryland

The growing Montgomery County, MD clinical stage vaccine company is developing promising vaccines for RSV, influenza and Ebola.

June 26 or Bust

There may be "still a lot of work to do," but officials insist the expanded Panama Canal will be open for business by the end of next month.
2016 Economic Development Awards

Feature Story: 2016 Economic Development Awards

With so many locations embracing cutting-edge technologies and innovative development strategies, it was hard to pare down the worthy nominees for our economic development awards festival. Here are the folks who made the cut, the best of the best in the applications of smart practices for sustainable growth.
2U To Open New Maryland HQ to Accommodate Rapid Growth.

Rapid Growth Leads 2U To New Maryland HQ

2U Inc., a technology-enabled education company, is moving its headquarters from Prince George's County to Lanham, MD to accommodate its growing workforce. The company expects to create more than 900 jobs in the county in the next five years.
California Leads Charge Toward A Modernized Electric Grid.

California, Illinois, Texas Lead The Charge Toward A Modernized Power Grid

For the third year in a row, California is the highest-ranked state when it comes to moving toward a modernized electric grid, according to the 3rd Annual Grid Modernization Index (GMI).
Illinois Is USGBC’s Top State For LEED Green Building.

Illinois Is Top State For LEED Green Building

Illinois retained its top national position on USGBC’s annual Top 10 States for LEED list for the third year in a row.
state-energy-efficiency-scorecard

Top 10 States Ranked In Energy Efficiency Scorecard

Massachusetts edges out California as most energy-efficient state, Maryland among most improved, according to the State Energy Efficiency Scorecard from the American Council for an Energy-Efficient Economy (ACEEE).
BWI-Thurgood Marshall Airport is in the midst of a $105-million expansion, to be completed in 2017, that will enhance international service from the air hub, which sits between Baltimore and Washington, D.C.

Business Report: Maryland Exports Hit Record Level In 2014

The top trade markets for Maryland goods and services are Canada ($1.9 billion), Saudi Arabia ($915 million) and China ($714 million), with transportation equipment, chemicals and electronic products leading the surge.

Industry Focus: Advanced Manufacturing – Manufacturing High-Tech Growth

In terms of its contribution to GDP, the advanced manufacturing sector punches well above its weight, producing $2.7 trillion in value-added economic activity.
University Research Park (aerial view above), in Madison WI, generates about $1 billion for Wisconsin’s economy each year. URP companies spend more than $200 million annually on Wisconsin goods and services.

Cover Story: Global Biotech Report 2015

There hasn’t been a lot of good economic news coming from Europe these days, but the continent is getting a much-needed boost from its growing biotech/pharma labs.

Moving Forward in Maryland

Gov. Larry Hogan puts economic development at the top of his agenda.
2015 Economic Development Achievement Award 2015.

Feature Story: 2015 Economic Development Awards

Locations across the nation are rapidly applying the best practices needed to meet the requirements of new and expanding 21st century businesses. This makes it much tougher for us to pick the best of the best, so we’ve expanded our showcase to make room for an ever-increasing number of economic development leaders.
Bechtel moving to Fairfax County.

Bechtel Corporation Moving From Maryland To Virginia

Bechtel Corporation to invest $10 million in relocation and expansion as a result of global restructuring; the company will create 700 new jobs in Fairfax County.
3D printing is being used by the Hudson Valley Advanced Manufacturing Center to manufacture prosthetic limbs, and a new hand for a six-year-old boy who was born without one.

Feature Story: 3D Printing Is Shaping Up

Additive manufacturing is the hottest new growth sector, promising to revolutionize how just about anything you can imagine gets made.

Fed Hub

Maryland surges in the race to host big new federal facilities.
Trabant Center in Newark, DE.

Safe + Smart Cities | Pilot Project Launched

Coalition will create a blueprint for improving cities' resiliency and efficiency; Newark, DE is the first of two pilot projects.
metro2014rankings

Cover Story: 2014 Business Facilities – Metro And Global Rankings

In this year’s Metro Rankings Report, we’ve taken note of the crucial role exports are playing in the Recovery for many locations by charting their success in two of our rankings categories, Exports Growth Leaders and Exports Recovery Leaders. We've also included our Global Rankings within this story.

Rankings & Awards

2022 Global Rankings

18th Annual Rankings: 2022 Global Rankings Report

The U.S. and China earned the top two spots for Foreign Direct Investment (Worldwide) in Business Facilities’ 2022 Global Rankings Report.
2022 Metro Rankings

Business Facilities’ 2022 Metro Rankings Report

Metro areas and cities of all sizes are recognized for attracting and retaining businesses from numerous industry sectors in Business Facilities' 2022 Metro Rankings Report.

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