Category: Employers

Business News Flash – Baltimore, MD

  March 27, 2019   Amazon to expand its distribution hub in Baltimore, MD   Amazon is leasing a 248,000-square-foot warehouse space in southeast Baltimore’s Port 95 Industrial Park. The move will expand Amazon’s Baltimore distribution hub. Amazon will share the warehouse complex with Johns Hopkins Health System, which leased 165,000 square feet of industrial space …

Continue Reading

Business News Flash – National News

  March 25, 2019   Iron Mountain extends $30 million in financing to MakeSpace   Self-storage company MakeSpace has secured $30 million in financing from record-storage and logistics firm Iron Mountain. MakeSpace has announced that it will also acquire Stashable, Iron Mountain’s valet consumer storage business. The partnership will provide an additional 2.1 million cubic …

Continue Reading

February 2019 Manufacturing Report

In a report released today, the Federal Reserve announced a rise in industrial production in February 2019. Industrial production rose by 0.1 percent last month. However, manufacturing production fell by 0.4 percent – its second month of decline. February’s drop in manufacturing production, along with a disappointing jobs report, added to analysts’ concerns of an …

Continue Reading