CHUTES International, a company that produces a variety of plastic and metal laundry and trash chutes, is expanding its manufacturing operations in Charles County. The company plans to relocate from its current 12,000 square-foot facility in White Plains to a more than 43,000-square-foot location on Industrial Park Drive in Waldorf.
August 2015 Entrepreneur Pulse: 2015 Fastest Growing Companies in Maryland according to Inc. 5000 Diana Chen is a Business Research Analyst at the Maryland Department of Business and Economic Development. The 2015 Inc. magazine 5000 list of the fastest-growing private companies in the country includes 106 firms in Maryland. And five Maryland
Link Labs, a tech company based in Annapolis, announced today it has raised $5.7 million in venture capital. The funding round was led by TCP Venture Capital and included a $500,000 investment from the State-run Maryland Venture Fund. The company is developing cutting edge technology to better connect the “Internet
Little more than a year after they walked through the front door of 1st Mariner Bank, Jack Steil and Robert Kunisch are ahead of schedule. The bank turned a profit in the first quarter of 2015 and is well on its way toward growing into the prominent local institution its
Maryland added 12,000 private sector jobs in July, the Department of Labor, Licensing and Regulation (DLLR) reported Friday morning. Overall, employment increased by 9,200 positions as government jobs dropped 2,800. The unemployment rate remained unchanged at 5.2 percent. Labor officials also softened June’s initial jobs report, revising the loss to
GraftWorx, a medical device development company in Bel Air, has received a $500,000 investment through the Maryland Venture Fund. The company is developing an innovative approach to treat Peripheral Artery Disease (PAD) that could reduce the need for expensive, repeated and invasive surgeries. “GraftWorx is turning the Internet of Things