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.

OTC Markets Group Welcomes Somerset Trust Holding Company to OTCQX
NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Somerset Trust Holding Company (OTCQX: SOME) (the “Company”), the...

Ethan Leonard, MD MBA, named senior vice president for the Hospital Based Specialties Center of Excellence
WASHINGTON, D.C., July 31, 2025 (GLOBE NEWSWIRE) -- Children’s National Hospital welcomes Ethan Leonard, MD, MBA, as the new senior vice president for the Hospital Based Specialties (HBS) Center of Excellence. In this role, Dr. Leonard will...

TerrAscend Completes $79 Million Non-Dilutive Debt Financing
Proceeds used to retire $68 million of existing debt with the remainder designated for future growth initiatives Additional facility of up to $35 million available for strategic M&A No material debt maturing until late 2028 TORONTO, July 09, 2025...

Neighborhood Garage Door of Laurel Expands Services to Provide Expert Garage Door Solutions in Maryland
Neighborhood Garage Door of Laurel Offering Reliable and Affordable Garage Door Repair and Installation Services to Laurel and Surrounding Areas LAUREL, MD, UNITED STATES, July 10, 2025 /EINPresswire.com/ -- Neighborhood Garage Door of Laurel is...

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,...

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...

IRS, Security Summit remind tax pros they must have a Written Information Security Plan to protect client data
IR-2025-79, July 29, 2025 WASHINGTON — The Internal Revenue Service and its Security Summit partners today reminded tax professionals about the federal mandate to have a Written Information Security Plan (WISP) designed to help protect them...

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...

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...

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 -...

Toll Brothers Announces New Luxury Golf Community Coming Soon to Hillsborough Township, New Jersey
HILLSBOROUGH TOWNSHIP, N.J., July 31, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest luxury golf community, Greens at Royce Brook, is coming soon to Hillsborough...

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...

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...

WavePoint Debuts America’s Most Accurate Gunshot Detection at FBINAA Conference
COLUMBIA, Md., July 30, 2025 (GLOBE NEWSWIRE) -- WavePoint Solutions, a leader in radar-powered public safety technologies, will unveil a game-changing gunshot detection system at the 2025 FBI National Academy Associates (FBINAA) Annual Training...

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...

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...

Schurz Communications Launches Schurz Broadband Group to Accelerate Community-Focused Fiber Broadband Growth
MISHAWAKA, Ind., July 30, 2025 (GLOBE NEWSWIRE) -- Schurz Communications, Inc. (“Schurz”) today announced the formation of Schurz Broadband Group (SBG), a new division designed to unify and amplify the strengths of regional fiber-based internet...

Toll Brothers Announces New Luxury Home Community Coming Soon to Chalfont, Pennsylvania
CHALFONT, Pa., July 30, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Birch Run at New Britain, is coming soon to Chalfont, Pennsylvania. This exclusive...

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...