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.

Auditor Blaha Joins State Financial Leaders to Warn of Serious Consequences from Proposed Changes to Medicare and Medicaid Ahead of 60th Anniversary - For July 23, 2025
Auditor Blaha Joins State Financial Leaders to Warn of Serious Consequences from Proposed Changes to Medicare and Medicaid Ahead of 60th Anniversary Proposed federal cuts could strain state budgets and reduce access to care for Minnesotans,...

$658.2 million Peppermint Oil Market growing at a CAGR of 6.6% by 2031
Surge in number of spa & relaxation centers have boosted the growth of the global peppermint oil market. WILMINGTON, DE, UNITED STATES, July 23, 2025 /EINPresswire.com/ -- Peppermint oil market size was estimated at $331.7 million in 2021, and...

MarketWise to Participate in the UBS 2025 Fintech One-on-One Conference on September 10, 2025
BALTIMORE, July 29, 2025 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for...

Orrstown Financial Services, Inc. Reports Second Quarter 2025 Results and Announces Dividend Increase
Net income of $19.4 million, or $1.01 per diluted share, for the three months ended June 30, 2025 compared to net income of $18.1 million, or $0.93 per diluted share, for the three months ended March 31, 2025; the second quarter of 2025 included...

The Drain Guys Recognized Among Top Plumbing Companies in Maryland and Virginia
The Drain Guys Recognized Among Top Plumbing Companies in Maryland and Virginia BALTIMORE, MD, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- The Drain Guys has been officially named one of the top plumbing companies serving Maryland and...

Computer Recycling Introduces Specialized Satellite Dish Recycling for Philadelphia‑Area Businesses
Satellite dishes are recycled for their raw materials, and are never sent to waste away in landfills PHILADELPHIA, PA, UNITED STATES, July 21, 2025 /EINPresswire.com/ -- Computer Recycling, a leader in responsible electronics disposition, today...

Maryland Opens Grants Gateway to Solicit Proposals to Help Fund Programs and Projects Focused on Watershed Restoration, Climate Resilience, Boating Access, and Education
July 16, 2025 Maryland DNR now accepting grant applications for Fiscal Year 2027 Funds provided through DNR’s Grants Gateway portal helped restore Lake Marion in Anne Arundel County, which now drains more than 113 acres of impervious surface in...

Maryland Department of the Environment Announces $27 Million in Clean Water Infrastructure Funding for Baltimore City and Kent, Prince George’s, Somerset Counties
Infrastructure investments part of $400 million supporting hundreds of local jobs, higher property values, public safety BALTIMORE (July 16, 2025) – The Maryland Board of Public Works today approved more than $27 million in funding to support...

Maryland Market Money Program Transitions to the Maryland Department of Agriculture
July 14, 2025 ANNAPOLIS, MD (July 14, 2025) – The Maryland Department of Agriculture has announced the transition of the Maryland Market Money (MMM) program from the Southern Maryland Agricultural Development Commission (SMADC), a division of the...

Maryland Supreme Court Affirms MSP Recovery’s Assignments, Paving the Way for Class Action Lawsuit Against GEICO
MIAMI, July 15, 2025 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. (NASDAQ: MSPR) (“MSP Recovery” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, announces a major legal victory...

New Margraff Trail System in Western Maryland Offers Easy, Intermediate, Advanced and Adaptive Options for Hikers and Bikers
July 18, 2025 Officials celebrated the opening of a new mountain bike trail system in Western Maryland on July 18. Maryland Department of Natural Resources Sec. Josh Kurtz cut the ribbon on the newly expanded 10-mile trail system on Friday...

Maryland Students Win 26 Medals at National SkillsUSA Conference with Half Finishing in the Top 10
July 11, 2025 FOR IMMEDIATE RELEASE MEDIA CONTACT: Raven Hill, 410-767-0486 raven.hill@maryland.gov BALTIMORE (July 11, 2025) – The SkillsUSA Maryland student delegation brought home 26 medals from the 61st Annual National Leadership and Skills...

Denton dress boutique expands operations and community impact with small business assistance
“This funding has allowed us to grow the business into the potential we know it can have.” Over two decades, Lizzie Hernandez, and her mother, Elizabeth Escobar, have transformed a dream that began in their home into a flourishing cornerstone of...

Creating Jobs in York County: Shapiro Administration Secures $6.2 Million Investment from Baltimore Fabrication to Expand Its Manufacturing Operation and Create 75 New Jobs
The metal fabrication company will breathe new life into a vacant building in York, opening a second manufacturing operation in the area that will create 75 new jobs and retain 47 existing positions. The Shapiro Administration continues to win...

Creating Jobs in York County: Shapiro Administration Secures $6.2 Million Investment from Baltimore Fabrication to Expand Its Manufacturing Operation and Create 75 New Jobs
The metal fabrication company will breathe new life into a vacant building in York, opening a second manufacturing operation in the area that will create 75 new jobs and retain 47 existing positions. The Shapiro Administration continues to win...

Maryland Department of Natural Resources Announces Horse Racing to Return at Fair Hill Turf Track
July 10, 2025 The “Races at Fair Hill” horse racing event to take place Aug. 30 for first time since 2019 Horses test the new turf track at Fair Hill. Photo by Anthony Burrows/DNR Horse racing will return this summer to the turf track at Fair Hill...

Maryland Chapter of Veterans for America First (VFAF) has joined the Texas flood relief operations said Stan Fitzgerald
VFAF National Ambassador Jen Charlton, host of The Jen Charlton Show on WFMD AM, is coordinating Maryland-based relief efforts for Vet Force. FREDERICK, MD, UNITED STATES, July 9, 2025 /EINPresswire.com/ -- From L-Strategies the official...

Industrial Refrigeration Market to Reach $41.7 Billion by 2032 at 5.2% CAGR: Allied Market Research
Industrial Refrigeration Market to Reach $41.7 Billion by 2032 at 5.2% CAGR: Allied Market Research WILMINGTON, DE, UNITED STATES, July 15, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, “Industrial Refrigeration...

Board of Public Works Approves $1.4 Million for Outdoor Recreation and Land Conservation in Prince George’s and Frederick Counties, Southern Maryland, and the Eastern Shore
July 16, 2025 Funding approved for DNR’s Program Open Space Local, Local Parks and Playgrounds Infrastructure, Community Parks and Playgrounds, and Rural Legacy programs Located on the northern end of St. Mary’s County, the Huntersville Rural...

Orrstown Financial Services, Inc. Announces Date of Second Quarter 2025 Earnings Release, Conference Call and Webcast
HARRISBURG, Pa., July 15, 2025 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF), the holding company of Orrstown Bank, announced today that it will report second quarter 2025 earnings at the close of business on Tuesday, July...