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May 2013:

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May 6, 2013

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Corrigan Partners With Baltimore’s Women’s Classic

Elkridge-based sports marketing and event management company Corrigan Sports Enterprises (CSE) has partnered with local race directors Tom and Laurie Amatucci to handle all operations for the Baltimore Women’s Classic (BWC).

Baltimore’s all-women’s 5K race will begin and end at Rash Field, at Baltimore’s Federal Hill, on June 23. All race proceeds will provide direct support services for gynecologic cancer patients and their families across Maryland through the nonprofit event and its network of partner hospitals.

“After 11 years of continuous participant growth, starting with 300 in 2003 to nearly 4,000 in 2012, it is time to partner with a professional organization to assist the BWC on two fronts,” said Tom Amatucci. “Firstly, to continue the tradition of this historic woman’s race celebrating its 38th consecutive year; and secondly, to help fuel the growth of the field with more women of every age, size and athletic ability.”

Manekin Divisions Join Colliers International | Baltimore

Colliers International | Baltimore and Manekin LLC have announced that Manekin’s property management and brokerage groups will merge with Colliers International | Baltimore. Manekin brings 10 million square feet of managed property to Colliers’ 7 million square feet which totals 17 million square feet, making the merged company the largest third-party property management organization in the region.

The merged entity will be branded and identified as Colliers International | Baltimore, and Manekin principals Richard Alter and Cole Schnorf will become equal partners in the combined management company. As part of the merger, more than 40 employees with Manekin’s property management and brokerage groups, including six brokers, will join Colliers’ more than 80 existing employees.

Manekin’s Senior Vice President and Director of Brokerage Adam Nachlas and Senior Vice President George Santos will also become principals within the Colliers International | Baltimore brokerage group.

BWI Marshall Airport Introduces Cardio Trail

BWI Thurgood Marshall Airport has introduced the BWI Cardio Trail, which consists of two marked walking paths inside the airport terminal. The BWI Cardio Trail is an officially-designated American Heart Association (AHA) Walking Path.

The BWI Cardio Trail consists of two loops, each one kilometer in distance. The Terminal Loop consists of a marked path along the public side of the terminal. The Concourse A/B Loop is a marked trail inside the secured area of Concourses A and B, served by Southwest Airlines and AirTran Airways.

It takes an average of 20 minutes to walk either loop. Walkers can simply follow the BWI Cardio Trail logos positioned on walls and directories along the paths. Maps are available at BWI Marshall information desks in the terminal and at www.bwairport.com.

CA Announces Investments in Clean Tech Infrastructure

The Columbia Association (CA) recently completed two projects that support clean technology infrastructure: the installation of a solar photovoltaic (PV) system and three electric vehicle charging stations in Columbia.

The 20-kilowatt PV system installed at Amherst House in Kings Contrivance will generate more than 22,000 kilowatt-hours of electricity annually. The system will increase CA’s on-site renewable energy-generating capacity by nearly three-fold, relative to the existing PV system in River Hill. The installation of on-site renewable energy systems results in a reduction of CA’s carbon footprint, improved resiliency of the community’s infrastructure and lower utility costs.

Three electric vehicle charging stations were obtained through a U.S. Department of Energy program to support clean electric vehicle fleets in the United States. CA installed the electric vehicle charging stations in two Columbia villages: Harper’s Choice and Owen Brown.

Capitol College Reduces Summer Tuition Rates

This summer, Capitol College will offer summer undergraduate courses at a reduced rate for the sixth consecutive year. All undergraduate classes at the Laurel campus will be discounted by 33% of their normal rate for the summer 2012 semester.

For the engineering, computer science and technology undergraduate degree programs, on-campus and online classes will be offered at $448 per credit. Capitol’s business and management degree programs will offer on-campus and online classes for $246 per credit. Standard fees apply for all courses.

Undergraduate students have until May 17 to register for summer classes, which begin on May 20. Students looking to live on campus can rent a single-occupancy room for $188 per week; those living in a double-occupancy room will pay $163 per week.

CMRT Rolls Ahead With New Branding Campaign

Central Maryland Regional Transit (CMRT), manager of fixed-route and paratransit services in Central Maryland, announced the rebranding of its agency and transit service, formerly known as Connect-A-Ride. It includes the relaunch of the Connect-A-Ride fixed-route service as Central Maryland Regional Transit, as well as a new design for its buses and bus stop signs.

The first two redesigned buses are being used on the CMRT G and J routes, and the remainder of the buses in its fleet will be on the streets with the new design throughout the summer. Also debuted is CMRT’s new slogan that will be guiding the mission and vision for the agency: “Connecting the Region, Creating Community.”

The new bus stop signs include the new logo, bus route information and Nextbus arrival information; in an effort to make its service more accessible, CMRT is also completely redesigning its bus route maps and schedules.

Maryland Casino Numbers Hit Record $58M in March

The revenues from Maryland’s three casinos hit $58,048,394 in March, with about 75% of the revenue generated from Maryland Live! Casino at Arundel Mills and the Maryland Lottery, the state’s Gaming Control Agency announced.

The take at Maryland Live!, in Hanover, was $44,613,535 ($348 per slot machine, per day); a pull of $9,486,110 at the Hollywood Casino Perryville, in Cecil County, which offers table games with slots ($225 per machine, per day; with $3,659 for banking table games and $1,296.94 for non-banking table games) was announced; and $3,948,739 ($159 per machine, per day) was generated at The Casino at Ocean Downs in West Ocean City.

The state’s previous record was $48 million, set last July.

O’Malley Appoints Griffin as Chief of Staff

Gov. Martin O’Malley named John Griffin as his chief of staff. A veteran public servant with more than 25 years of experience in Maryland state government, Griffin has led the administration’s efforts in developing Maryland’s landmark conservation, restoration and stewardship programs including BayStat, GreenPrint, the Chesapeake and Atlantic Coastal Bays Trust Fund, the Genuine Progress Indicator and the Maryland Partnership for Children in Nature.

Under Griffin’s leadership as secretary of the Department of Natural Resources (DNR), Maryland enacted management plans to rebuild the state’s crab and oyster populations. He spent five years as a senior policy adviser to Gov. Harry Hughes. He later served as DNR secretary, from 1995 to 1999, after spending 11 years as DNR’s deputy secretary. Griffin’s experience also includes five years as general manager of the Washington Suburban Sanitary Commission.

COPT Announces Investment Grades From Ratings Agencies

Columbia-based Corporate Office Properties Trust (COPT) has received investment grade corporate ratings with stable outlooks from each of the three major U.S. ratings agencies. COPT received a BBB- rating from Fitch Ratings, a Baa3 rating from Moody’s Investors Service and a BBB- rating from Standard & Poor’s Ratings Services.

“Receiving an investment grade rating is an important accomplishment in the evolution of our company. It is the result of our disciplined, sustained effort to improve our portfolio quality and strengthen our balance sheet by lowering leverage and reducing our amounts of secured debt. It also reflects the strength of our franchise and the quality of our tenant base, customer relationships and team,” said Executive Vice President and Chief Financial Officer Stephen Riffee.

“Access to the investment grade, unsecured market enhances the company’s financial flexibility to continue managing the balance sheet and debt maturities,” he said.

Sourcefire Joins $19M Series E for Netronome

Santa Clara, Calif.-based Netronome, a semiconductor company and a developer of flow processors, announced that it has raised $19 million in series E and related financing from Columbia-based Sourcefire, Intel Capital and existing investors DFJ Esprit and the Raptor Group.

Netronome will use the funds to expand its software and customer engineering organizations to support rapidly growing design-wins in cybersecurity, software-defined networking and mobile networking applications. The new wins are based on its recently disclosed, next-generation flow processor line, the NFP-6xxx, being built using Intel’s state-of-the-art 22nm 3-D tri-gate technology.

“The customer demand following the disclosure of our newest sixth generation 200 Gbps flow processors has been larger than even we anticipated,” said Howard Bubb, CEO at Netronome. “We welcome the investment by Sourcefire and strategic engagement by Intel as they represent valuable relationships to Netronome at both ends of our business.”

Chase Brexton Opens Doors at Way Station

Chase Brexton Health Services opened its second location in Howard County last month. Partnering with Way Station Inc., an affiliate of Sheppard Pratt Health System, Chase Brexton offers primary medical care services to Way Station’s behavioral health patients.

“Ultimately, our mission is to improve health outcomes in our communities. And to do so, it is imperative that we create innovative ways individuals in need can access care,” said Chase Brexton CEO Richard Larison. “Partnering with Way Station to bring medical care directly to its patients is a natural fit and really will enable both organizations to achieve healthier communities.”

The partnership between Chase Brexton and Way Station, which is located on Route 108 in Columbia, is part of a Statewide Health Home Pilot, a clinical model Way Station is implementing in Maryland to significantly improve health outcomes and enhance the quality of life of its patients.

Maryland Music Academy Opens New Facility in Columbia

The Maryland Music Academy is opening a new, expanded location in the Oak Run Business Center in Columbia. This brand-new facility houses eight private lesson rooms, a versatile class-and-performance studio, a retail store and a lounge featuring a waiting area, study nook and snack bar.

The academy will continue to provide private and group instruction in all instruments, to students of all ages, as well as instrument rentals. New offerings include early childhood music education through nationally-acclaimed Musikgarten, and music programming for seniors.

NGC Delivers 500th Sensor Component for the F-35 Lightning II

Northrop Grumman Corp. (NGC) has delivered its 500th AN/AAQ-37 Distributed Aperture System (DAS) sensor to Lockheed Martin for integration into the F-35 Lightning II aircraft. The DAS is a multifunction infrared system that provides passive, spherical battlespace awareness for F-35 pilots by simultaneously detecting and tracking aircraft and missiles in every direction, as well as providing visual imagery for day/night navigation and targeting purposes.

DAS imagery projected onto the pilot’s helmet-mounted display provides the capability to look at targets and terrain through the floor and wings of the aircraft. The DAS works in conjunction with NGC’s AN/APG-81 active electronically scanned array radar and other onboard systems to give pilots great situational awareness.

Chesapeake Lodging Acquires W New Orleans for $65M

Chesapeake Lodging Trust has purchased the 410-room W New Orleans from Starwood Hotels & Resorts Worldwide for $65 million. “We are very excited to expand our Starwood relationship with the purchase of our fourth W property and fifth Starwood-branded hotel,” said James Francis, president and CEO of the trust. “Adding to the 97-room W New Orleans–French Quarter that we purchased last month, we now have approximately 500 rooms in the rebounding New Orleans marketplace.”

The 24-story W New Orleans is located on Poydras Street, and is centrally located just steps from the many retail establishments and jazz clubs of the French Quarter, the Riverwalk Marketplace and the Ernest N. Morial Convention Center. The property includes 22 large suites and approximately 10,000 square feet of flexible meeting space. Renovation planning is underway for the $29 million project, which will begin in April 2014.

TFCU to Merge With USCGCCU

The board of Laurel-based Tower Federal Credit Union (TFCU) has approved its merger with U.S. Coast Guard Community Credit Union, which will bring the USCGCCU from a geography-based community membership to a multiple common bond membership.

TFCU plans to maintain USCGCCU’s two existing branch offices, located in the Curtis Bay section of Baltimore City and the Pine Grove Village Shopping Center in Pasadena.

“Merging with Tower provides the best opportunity to offer enhanced financial services to our members and a stronger financial position for our members’ future financial needs,” said Karen Gouldmann, USCGCCU’s president and CEO. “Our board reached this conclusion based on Tower’s stronger financial position and more extensive menu of financial products and services.”

Arbitron Shareholders Approve Acquisition by Nielsen

Columbia-based Arbitron Inc. announced that, at the company’s recent special meeting, stockholders voted to approve the acquisition of the company by Nielsen Holdings N.V. Approximately 98.99% of the shares voting at the meeting voted in favor of the agreement and plan of merger. These shares represented approximately 77.11% of total outstanding shares of Arbitron common stock, as of the March 8 record date for a previous special meeting.

As previously announced on Dec. 18, 2012, Arbitron and Nielsen entered into a definitive agreement for Nielsen to acquire all of the outstanding common stock of Arbitron for $48 per share in cash. The transaction remains subject to certain regulatory approvals, including expiration of the Hart-Scott-Rodino antitrust waiting period, and customary closing conditions.

Fast Company Ranks Maryland Third Most Innovative State

Fast Company magazine recently ranked Maryland third in innovation, based on a combination of labor statistics, entrepreneurial activity, the health and growth rate of Startup America Partnership members and other indicators.

Florida and Texas ranked first and second, respectively, and Arizona and Alaska rounded out the top five; ranked at No. 6 through No. 10 in the rankings were California, Colorado, New York, New Jersey and Washington, D.C., respectively. Maryland also ranked fourth in the number of startups per million residents, according to the magazine.

Lake Elkhorn Dredging Complete, Parking Lot Open

The Columbia Association’s (CA) dredging project at Lake Elkhorn is complete and the restoration work to re-establish the existing parking lot and pathways off Broken Land Parkway is finished.

Lake Elkhorn was the last of Columbia’s three man-made lakes to have sediment removed in recent years. JND Thomas began its dredging work at the 37-acre Lake Elkhorn in late July 2012; the contractor finished in early February and moved equipment off-site in March. Dredging at the 27-acre Lake Kittamaqundi began in October 2010 and ended in January 2012; work at the 22-acre Wilde Lake began in April 2012 and was completed in July 2012.

Howard Board of Ed to Hold Work Sessions on Budgets

The Howard County Board of Education will hold a work session on the fiscal 2014 Operating and Capital budgets and the fiscal 2015–19 Capital Improvement Program, at 7:30 p.m. on Thursday, May 16, in the board room of the Department of Education, 10910 Clarksville Pike, Ellicott City.

Individuals who would like to request a sign language interpreter for any meeting of the Board of Education may contact Colleen Rice, interpreter scheduler, at 410-313-7046. A two-week advanced notice is preferred.

Harris Teeter First to Open at Turf Valley Towne Square

The new Harris Teeter at Turf Valley Towne Square in Ellicott City has opened its doors to the public. The store is the first of several planned spring and summer openings for retailers and restaurants at the new 60,000-square-foot shopping center.

Harris Teeter is a regional supermarket chain, primarily in the southeastern and mid-Atlantic United States. Its new location at Turf Valley Towne Square checks in at 49,002 square feet. Pet Valu and Sparkle Organic Cleaners are also recently opened. Restaurants Xitomate and Facci, along with Petite Cellars & Wine Bar, nail salon Beauty Sense, hair salon Inspire, barber shop Sports Clips and yogurt shop YoLaVie will open this summer.

JPB Capital Partners Purchases Controlling Interest in ZIPS Dry Cleaners

JPB Capital Partners, based in Columbia, announced a strategic investment in Value Drycleaners of America, the parent company of ZIPS Franchising LLC, one of the largest franchisors of retail dry cleaners in the mid-Atlantic region. Terms of the transaction were not disclosed.

ZIPS was founded in 1996 with eight locations in the Baltimore-Washington region and has grown to 36 franchise operations in Maryland, Virginia, Pennsylvania and Washington, D.C. ZIPS offers dry cleaning and laundry services to customers according to a differentiated system including on-premise cleaning, competitive flat-rate pricing, same-day service and a highly efficient, integrated production process.

Allegis Collaborates to Publish Research Report

Hanover-based Allegis Group Services (AGS) collaborated with the Human Capital Institute (HCI) and the Institute for Supply Management (ISM) to publish a research report focusing on the greatest challenges in effectively managing contract talent.

The research explores how leaders’ satisfaction depends on standardized, mature processes and rigorous management of contractor performance, requiring human resource and procurement to work together to achieve optimal results. Managing contract talent has traditionally been the responsibility of the procurement department or individual business units at most firms. However, human resources has, in recent years, begun taking on or sharing this responsibility with procurement.

Howard Bank Buys Cecil Bank’s Aberdeen Branch

Columbia-based Howard Bancorp and Cecil Bancorp have jointly announced that their respective banking subsidiaries, Howard Bank and Cecil Bank, have entered into a purchase and assumption agreement for Howard Bank to purchase the Cecil Bank branch located at 3 West Bel Air Ave., Aberdeen.

Pursuant to the agreement, Howard Bank will acquire a minimum of $38 million in loans and $37.9 million in deposits from Cecil Bank. “Howard Bank’s successful track record of organic growth in the attractive markets of Greater Baltimore — our birthplace in Howard County, our developing presence in Anne Arundel County and our announced branch in Towson — is now complemented by our extension into the Harford County market,” said Mary Ann Scully, Howard Bank’s president and CEO.

Grace Acquires Chemind Construction Products

W. R. Grace & Co., of Columbia, announced the acquisition of Chemind Construction Products, a privately-held specialty manufacturer and distributor of waterproofing coatings technologies and materials for the design and construction industry. Chemind is headquartered in and conducts research and development and manufacturing operations in Brisbane, Australia. Terms of the deal were not disclosed.

The acquisition will become part of Grace Construction Products (GCP), a global provider of construction chemicals and building materials that enhance the durability, strength and appearance of structures all over the world. In 2012, GCP posted sales of $1 billion. Chemind adds new waterproofing technology to Grace’s global Construction Products portfolio and establishes the company’s first waterproofing R&D and manufacturing facility in Australia.

Local Business Achieves National Honor

Inscape Publishing announced that Applied Performance Strategies (APS), of Columbia, has been honored as an Inscape Publishing Ruby Award Winner. In 2012, less than 2% of Inscape Distributors earned the honor of Ruby Award. Mary Ann Kmetyk, APS principal, will receive the award in San Diego during Inscape Publishing’s Annual Distributor Conference.

APS is a veteran-owned business that provides customized training and consulting services to improve manufacturing productivity and strengthen individual, team and leader performance in every organization.

MCE’s Lenzer Kirk Briefs Members of Congress

Julie Lenzer Kirk, executive director of the Columbia-based Maryland Center for Entrepreneurship (MCE), recently discussed innovation and entrepreneurship with members of Congress.

Kirk testified before the Small Business Subcommittee on Economic Growth, Tax and Capital Access in a hearing, the purpose of which was to examine how to bolster America’s competitiveness and propel economic growth through innovation and entrepreneurship.

Marriott International Selects Cloud-Based Micros Opera

Columbia-based Micros Systems has announced that Marriott International has expanded its partnership with the local company by selecting the hosted Micros Opera Property Management System (PMS) as the property management system to be used in all Marriott brands worldwide.

Under the new partnership agreement, Marriott will deploy Micros-hosted Opera PMS. “We selected the cloud-based Micros Opera as a proven system that provides the stability and feature functionality, including the mobility, that we require,” said Kermit Littlefield, vice president of global property management systems for Bethesda-based Marriott International.

COLA Teams With Mayo Medical Labs

Columbia-based COLA is expanding its educational offerings by collaborating with Mayo Medical Laboratories (MML), a global reference laboratory operating within the Mayo Clinic’s Department of Laboratory Medicine and Pathology.

Under the agreement, COLA is now providing a convenient link to MMLs’ test utilization web site (www.mayomedicallaboratories.com) directly from www.cola.org and the accreditor’s educational portal, www.labuniversity.org. The MML site provides a variety of test utilization and laboratory clinical education resources for clinicians and laboratorians.

Saint Agnes Celebrates 10 Years of Independence in Rehabilitation

Saint Agnes Hospital has celebrated the 10th anniversary of Independence Square, a 4,800-square-foot virtual village where, after surgery, patients can practice navigating their way through true-to-life situations, gaining skills and confidence to complete everyday tasks before going back out on their own.

Since the opening of the village, more than 5,000 joint replacement patients have been helped at Independence Square, in addition to thousands of other patients needing rehabilitation.

“Before Independence Square, we worked with patients one at a time in the gym or in their rooms, and we had to actually ask family to leave because there was very little space,” said Carolyn Moore, administrative director of rehabilitation services and one of the members of the planning team for the facility. “Now, patients give peer support to each other, families participate in therapy, and patients are so much better prepared for discharge.”

Mullen Wins Contract to Renovate Norris Automotive

The Mullan Contracting Co. has won a contract to renovate a 22,000-square-foot building contained within a four-acre site recently acquired by the Norris Automotive Group. The work will encompass the comprehensive interior renovation of the building that contains an automotive showroom, sales offices, a receptionist area, multiple service bays, repair facilities, a parts room and storage space.

Located at 8525 Baltimore-National Pike in the Ellicott City, the project was acquired from the Miller Brothers family late last year, to reposition the cluster of buildings and acreage into a high-end automotive dealership. The location was closed in 2008 in connection with the consolidation of the Ford Motor Co. network of dealers.

NAIOP Maryland Captures 2012 National Chapter of the Year Award

The National Association of Industrial and Office Properties (NAIOP) Maryland received the 2012 National Chapter of the Year Award from NAIOP at the recent National NAIOP Chapter Leadership and Legislative Retreat, held in Washington, D.C.

The award was based on overall excellence in education, community involvement, corporate involvement, government affairs activities, member recruitment, communications, student activities and civic activities.

State BPW Approves AAEDC at Video Lottery Terminal Loan Fund Manager

Maryland’s Board of Public Works (BPW) has given the green light to Anne Arundel Economic Development Corp’s (AAEDC) proposal to serve as a loan fund manager responsible for the investment of $3.36 million to small, minority and women owned businesses around the state.

The board approved AAEDC and two other entities, Meridian Management Group, of Baltimore; and Salisbury-based Maryland Capital Enterprises, to manage the lending and investment of $7.8 million of casino revenue to the state’s small business community.

Half of the fund’s investment will be targeted to small, minority- and women- owned businesses located within a 10 mile radius of Maryland’s three casinos, Maryland Live! Casino in Anne Arundel County, Hollywood Casino Perryville in Cecil County and The Casino at Ocean Downs in Worcester County. The other half will be available to small businesses located outside those target areas.

AACC Bookstore Named Among Best in North America

Anne Arundel Community College’s (AACC) Bookstore was among 17 college bookstores in the United States and Canada to be named to the 2013 Collegiate Retailer of the Year Honor Roll by the National Association of College Stores (NACS) Foundation. The selection was based on six criteria: campus connection, academic support, customer commitment, shopping experience, workplace culture and profitability.

In 2011 and 2012 the bookstore won awards for Innovation (m-commerce applications for the iPhone and Android platform) from the National Association of College Stores before earning a place this year on the NACS honor roll and ranking among the top 17 finalists for the Collegiate Retailer of the Year Award.

TiCranium LLC Joins CIC

The legal and computer security firm TiCranium LLC is the newest company to join the county’s business incubator, the Chesapeake Innovation Center (CIC).

Led by Teresa Taylor and John Eisinger, TiCranium specializes in regulatory compliance, data privacy and cybersecurity, and assists clients with monitoring, mitigation and litigation. Its client base includes businesses of all sizes, as well as federal and state government agencies.

C&W Sells Largest Warehouse in Maryland to Joint Venture

Cushman & Wakefield (C&W) has sold 7600 Assateague Drive in the Maryland Wholesale Food Center, in Jessup, to a joint venture between New York Life, on behalf of institutional investors, and Mosaic Realty Partners. The property encompasses 775,000 square feet on 60 acres and is currently for lease by its new owners.

“We are very pleased to be chosen by New York Life and Mosaic Realty Partners to represent this asset,” said Michael Elardo, managing senior director with Cushman & Wakefield. “This facility is the single largest warehouse available today in the state of Maryland and is in excellent condition. This is a signature assignment, and we have been very encouraged with the level of interest in the property.”

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