Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Maryland Business Weekly.

Maryland Couple Sentenced for $20M Insurance Fraud Scheme
A Maryland husband and wife were sentenced today to 12 years in prison and four years in prison, respectively, after their convictions for a scheme to commit insurance fraud. The following is according to court documents and evidence presented at...

Montgomery County Council Meets on July 8 to Vote on a Resolution for a Development District and Tax Increment Financing District in White Oak
MARYLAND, July 7 - For Immediate Release: Monday, July 7, 2025 Also on July 8: Council will hold 10 public hearings on legislative measures including day care and child care property tax credits, forest conservation, labor peace agreements,...

Unsolicited Press Hits the Road: AWP Baltimore, Portland Book Festival, and More Literary Magic Ahead
PORTLAND, OR, UNITED STATES, July 7, 2025 /EINPresswire.com/ -- Unsolicited Press, an independent publisher known for its fierce dedication to literary excellence and amplifying underrepresented voices, is thrilled to announce its participation...

Jennifer Wolfenbarger Joins Franklin Electric as Chief Financial Officer, Bringing Extensive Financial Leadership in Global Operations
FORT WAYNE, Ind., July 07, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that Jennifer Wolfenbarger has been appointed Chief Financial Officer (CFO) and Chief Accounting Officer. As a core member of the...

Local Apparel Company Expands Blog to Boost Tourism in Havre de Grace, Maryland
HAVRE DE GRACE, MD, UNITED STATES, July 7, 2025 /EINPresswire.com/ -- Havre de Grace Apparel (a.k.a. HdG Apparel), a beloved local brand known for celebrating the unique charm of Havre de Grace, Maryland, is thrilled to announce the expansion of...

The Joint Corp. Closes Sale of 31 Corporate Clinics in Arizona and New Mexico and Acquires Regional Developer Rights in the Northwest Region
- Proven Operator Grows to 96 Clinics and Commits to Open 10 Additional Clinics - - Sale Price Included $8.3 Million Plus Regional Developer Rights that Generated $855,000 in Royalties and Franchise Fees over the 12 Months Ended March 31, 2025 -...

An Economic Strategist’s Presentation Suggests Overlooked U.S. Resource Reserve Could Quietly Back Trump’s Next Big Economic Push
Baltimore, MD, July 06, 2025 (GLOBE NEWSWIRE) -- As the White House prepares to roll out what insiders are calling the “Big Beautiful Bill”—a far-reaching proposal to upgrade U.S. infrastructure, energy, and defense systems—a resurfaced...

Bethesda, Maryland customers now have access to Neighborhood Garage Door of Rockville's same-day garage door services
Bethesda, MD garage door repair, installation, and maintenance services available 24/7. Fast, affordable, and guaranteed. BETHESDA, MD, UNITED STATES, July 6, 2025 /EINPresswire.com/ -- Listed as a trusted name among Montgomery County garage...

Maryland Vegan Eats Launches Inaugural Two-Day Vegan Summer Fest at Power Plant Live
Maryland Vegan Eats Debuts New Vegan Festival at Power Plant Live! for a Weekend of Plant-Based Delights and Entertainment US Vegan Climate ETF (VEGN) (NYSE:VEGN) BALTIMORE, MD, UNITED STATES, July 3, 2025 /EINPresswire.com/ -- Get ready to...

Maryland Department of the Environment Announces $26 Million in Clean Water Infrastructure Funding for Safer, Cleaner, More Competitive Communities
Infrastructure investments part of $400 million supporting hundreds of local jobs, higher property values, clean water and renewable energy goals BALTIMORE (July 2, 2025) – The Maryland Board of Public Works today approved more than $26 million in...

Yala Greek Ice Cream Makes U.S. Debut on National Ice Cream Day
Greek American founder rooted in D.C. and Baltimore opens America’s first authentic Greek ice cream shop in Georgetown WASHINGTON, DC, UNITED STATES, July 8, 2025 /EINPresswire.com/ -- This summer, Washington, DC will make history as the first...

Presidio Property Trust Announces Series D Preferred Stock Cash Dividend
SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of...

Toll Brothers Apartment Living® and International Capital, LLC Announce Joint Venture to Develop 348-Unit Luxury Multifamily Community in Charlotte
FORT WASHINGTON, Pa., July 08, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living® rental division, and International Capital, LLC have announced a new...

Accounts Receivable Automation Helps Maryland Firms Scale Finance Operations
Maryland organizations adopt accounts receivable automation to enhance cash flow control and reduce process delays. MIAMI, FL, UNITED STATES, July 3, 2025 /EINPresswire.com/ -- Operational changes within finance departments are bringing...

Maryland State Police Boost Enforcement Efforts to Ensure a Safer Independence Day
July 1, 2025 (PIKESVILLE, MD) — Maryland State Police beginning Friday will increase enforcement efforts to combat impaired, aggressive, and distracted driving throughout the July 4th holiday weekend. Maryland State Troopers from all 23 barracks...

Memory Matters Launches Accessible Remembership Program for Lifelong Brain Health
Baltimore, Maryland , July 08, 2025 (GLOBE NEWSWIRE) -- Memory Matters: Remembership Memory Matters, founded by geriatric social worker and ‘Dr. Daniel Amen’ licensed brain health trainer Rena Yudkowsky, is proud to announce the launch of her...

Baltimore Vacants Reinvestment Council May 2025 Meeting Recap
As part of the Reinvest Baltimore initiative, the Maryland Department of Housing and Community Development has begun a new blog series to highlight updates from monthly Baltimore Vacants Reinvestment Council meetings. For more information on the...

UMH PROPERTIES, INC. COMPLETES ACQUISITION OF TWO MARYLAND MANUFACTURED HOME COMMUNITIES
FREEHOLD, NJ, July 02, 2025 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH; TASE: UMH) closed on the acquisition of two manufactured home communities, located in Conowingo, Maryland, for a total purchase price of $14.625 million. These...

Surveillance & Monitoring Expected to be Largest Revenue Opportunity for Drone as a Service (DaaS) Market Through 2030
PALM BEACH, Fla., July 02, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The drone surveying market is expected to continue to sustain and continue to gain momentum due to increasing demand for aerial intelligence and high-precision...

Carson Group Fully Acquires Jacob William Advisory in Maryland
Omaha, Neb., July 01, 2025 (GLOBE NEWSWIRE) -- Carson Group, a leading wealth advisory firm with over $42 billion* in assets under management (AUM), today announced that it will acquire Jacob William Advisory in Cockeysville, Md., led by founding...