Small Business Network Series at MCM Tackles Tax Reform Act

The April 19 Small Business Networking Series (SBN) focused on the Tax Cuts and Jobs Act. A panel of experts from the Stein Sperling law group in Rockville answered questions about the effects of the Act which is arguably the...

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Council Mulls Expansion of Spirits Economy into Ag Reserve

Breweries have been growing in Montgomery County, but largely in suburban areas such as Rockville or Silver Spring. The Montgomery County Council is considering new zoning regulations that would extend that growth into the...

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Maryland’s General Assembly Passes Incentive Bill Worth Billions to Attract Amazon

Maryland’s House of Delegates passed legislation early Wednesday designed to establish $5.6 billion in tax incentives to lure Amazon to Montgomery County. The House’s approval of the Promoting ext-Raordinary...

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Got a news tip? Share stories with us or tell us about stories you want to see covered. Contact us below. For the latest news and events in Montgomery County, stay with MyMCMedia. We hope you will also follow MyMCMedia on...

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Council Approves Biotech Grant Program

The Montgomery County Council on Tuesday unanimously approved Tuesday a county matching fund for businesses that receive federal grants. Councilmember George Leventhal spearheaded the grant, which was co-sponsored by the eight...

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Peter Franchot Headlines Small Business Network Series March 8 at MCM

Peter Franchot was the featured speaker at the March 8 Small Business Network (SBN) event at Montgomery Community Media (MCM) studios in Rockville. Peter Franchot was elected Maryland’s 33rd Comptroller in 2006 and...

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Business

February 28, 2018 | Douglas Tallman

Biotech Leaders Offer Suggestions at Forum

What Montgomery County needs to help grow its biotech businesses is more biotech businesses. Jarrod Borkat, MedImmune’s senior director/head, global external partnerships & collaborations, told an audience Wednesday night that his company could attract more managers and senior level staff if there were more large biotech companies. “Yes, we might lose some talent, but we’d […]

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February 28, 2018 | Staff Writer

New Biotech in Gaithersburg Bringing 100 Jobs

A new biotech company is opening in Gaithersburg, and is bringing with it 100 new jobs in the next three to five years. Viela Bio, a newly formed spin-out of MedImmune, announced Wednesday it will locate in Gaithersburg and plans to create 100 new jobs within three to five years. The company will focus on […]

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February 8, 2018 | Douglas Tallman

Over the Past Year, Gas Prices Have ‘Seen Quite a Jump’

You might have noticed it: a dollar isn’t getting the MPG it used to. Gas prices have increased about 15 percent over the last year, said Tom Calcagni, regional director of public and government affairs for AAA Mid-Atlantic. The national average for a gallon of gas was $2.26 a year ago. Now it’s about $2.60. […]

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February 6, 2018 | Douglas Tallman

New Tax Law Leads Pepco to Reduce Rate Increase Request

A month ago, Pepco filed for a rate increase with the Maryland Public Service Commission that would add $5.14 to an average customer’s bill. The utility amended that request Monday, reducing the increase by $2.92, reflecting tax savings from the federal tax bill. The increase could instead be $2.22. “It really depends on what the […]

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January 24, 2018 | Douglas Tallman

Annapolis Budget Wrap Up on Montgomery Communications Media County Report This Week

Montgomery Could Face Resistance in Getting the Money Needed to Lure Amazon

The Maryland Matters blog Wednesday has a piece detailing some of the hurdles Montgomery County could face in luring Amazon to locate “HQ2” to the county. Gov. Larry Hogan had provided the broad outlines of a $5 billion incentive package, and lawmakers around the state wish they could get a small piece of it for […]

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January 23, 2018 | Douglas Tallman

Ginsburg: White Flint Would Be ‘Perfect’ Choice for HQ2

Although Montgomery County officials have chosen not to reveal the site they’re suggesting for Amazon’s new “HQ2,” one of the likelier locations is the old White Flint Mall property. Last week, the Seattle-based company revealed the 20 communities that have made its first cut for its new headquarters building. The winner of the Amazon sweepstakes […]

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January 22, 2018 | Staff Writer

Hogan Unveils Legislation to Help Lure Amazon to Montgomery County

Gov. Larry Hogan on Monday announced a package of state income, property and sales tax credits and exemptions as part of Maryland’s bid for a possible second headquarters for Amazon. Last week, the company announced an unnamed Montgomery County site was among 20 potential locations for so-called HQ2, which is expected to bring 50,000 jobs […]

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January 18, 2018 | Douglas Tallman

Report: Montgomery County Makes Amazon’s Short List for HQ2

Montgomery County was one of 20 metropolitan areas in North America as a potential site for Amazon’s second headquarters, according to news reports. The company, which wants to locate 50,000 jobs at a second site, reviewed 238 proposals. The list also included Northern Virginia and Washington, D.C. Other sites, in alphabetical order are Atlanta; Austin, […]

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January 9, 2018 | Douglas Tallman

Discovery Communications Plans to Leave Silver Spring

Discovery Communications, a part of Montgomery County for decades, is leaving for New York by 2019, County Executive Ike Leggett confirmed Tuesday morning. Leggett said the county had been trying for a year to keep the company and its 1,300 employees at its premier location at Georgia Avenue and Colesville Road. “We put a helluva […]

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January 2, 2018 | Douglas Tallman

Pepco Seeks Rate Hike that Will Cost $5.14 a Month

Pepco is asking the Maryland Public Service Commission for a rate increase that would add $5.14 to an average consumer’s bill, the company said Tuesday. The rate increase covers $41.4 million for work done in 2017. The company spent about $222.9 million in the year, said Donna Cooper, Pepco region president, in a conference call […]

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