Posted inBusiness News

Grace expands pharma portfolio by acquiring Fine Chemistry Services

Columbia-based W. R. Grace & Co. has entered into a definitive agreement to acquire the Fine Chemistry Services business (FCS) of Albemarle Corp. for approximately $570 million, including $300 million paid in cash at closing and $270 million funded through the issuance to Albemarle of non-participating preferred equity of a newly-created Grace subsidiary. The acquisition significantly […]

Posted inManufacturing

Cast your votes for RMI’s champions

The Regional Manufacturing Institute (RMI) needs votes. Through Sunday, Oct. 18, you’re invited to review all 2020 RMI Champions of Maryland Manufacturing stories, including nine from Howard County. Click here to view the directory of Champion stories and vote online for your favorite in each of the seven Champion story categories: 1) Innovation, 2) Workforce, 3) Diversity & Inclusion, 4) Fighting COVID-19, 5) Energy, Efficiency, & Sustainability, 6) […]

Posted inManufacturing

Manufacturers switch gears

To Mike Galiazzo, president of the Regional Manufacturing Institute of Maryland (RMI), the early days of dealing with the coronavirus pandemic were about obtaining information. To be more precise, it was about manufacturers finding out if they could make what the market is calling for. “Earlier in the COVID-19 pandemic, we didn’t have many answers […]

Posted inCoronavirus

PPE manufacturers to get $1.6M in grants

Gov. Larry Hogan announced that Maryland has awarded more than $1.6 million in a first round of grants to 20 Maryland companies for pivoting to or expanding production of Personal Protective Equipment (PPE). Among the Maryland companies are receiving grant funding are C.R. Daniels, Fabrication Events and X-Laser, all of Howard County; Marty’s Bag Works, […]