Maryland is continuing to attract new companies, help existing companies expand
News Release, Maryland Department of Commerce
BALTIMORE, MD (October 18, 2019) – Maryland Commerce Secretary Kelly M. Schulz today applauded the state’s September preliminary jobs report, which showed Maryland adding more than 10,000 jobs last month – the largest monthly gain in more than four years – and the state’s unemployment level falling to 3.7 percent, which matches the lowest level in a decade. In addition, the state’s August jobs report was revised to show a gain of 9,000 jobs, a significant increase from the preliminary estimate of 500 new jobs.
“Under Governor Larry Hogan’s leadership, we are continuing to work hard to attract new companies to the state and help our existing Maryland businesses expand and create new jobs,” said Secretary Schulz. “Today’s jobs report is further validation that the programs and policies we have put in place to grow our economy are working, and we look forward to continuing this positive momentum.”
Since January, the state has attracted a number of new companies, including Helm Services, an IT firm bringing 200 jobs to Baltimore City; Kite, a biopharmaceutical company which is planning to add hundreds of jobs in Frederick County; Smithfield Foods, the world’s largest pork processor and hog producer which is adding 240 jobs at their new Cecil County distribution center; and Floor and Decor, a major flooring retailer that plans to add 150 jobs at their new Tradepoint Atlantic facility and will be one of the Port of Baltimore’s largest customers.
In addition, a number of existing Maryland companies announced significant growth plans this year, including Northrop Grumman, a global security company which is expanding its manufacturing operations in Cecil County and plans to add 175 new jobs over the next five years, and Volvo Group North America, which is investing $43 million and adding 85 new jobs at its powertrain production plant in Hagerstown.
The Southern Maryland Chronicle is a local, small business entrusted to provide factual, unbiased reporting to the Southern Maryland Community. While we look to local businesses for advertising, we hope to keep that cost as low as possible in order to attract even the smallest of local businesses and help them get out to the public. We must also be able to pay employees(part-time and full-time), along with equipment, and website related things. We never want to make the Chronicle a “pay-wall” style news site.
To that end, we are looking to the community to offer donations. Whether it’s a one-time donation or you set up a reoccurring monthly donation. It is all appreciated. All donations at this time will be going to furthering the Chronicle through hiring individuals that have the same goals of providing fair, and unbiased news to the community. For now, donations will be going to a business PayPal account I have set-up for the Southern Maryland Chronicle, KDC Designs. All business transactions currently occur within this PayPal account. If you have any questions regarding this you can email me at firstname.lastname@example.org
Thank you for all of your support and I hope to continue bringing Southern Maryland the best news possible for a very long time. — David M. Higgins II