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MARCH 2005
![]() ![]() Getting Goods to Market Plenty of Extras, No Extra Taxes Federal Activity Shoulders Economy Transport Upgrades Help in All Directions Request Information ![]() |
MARYLAND SPOTLIGHT
Getting Goods to Market
GM is closing its Baltimore plant, although economic developers are doing their best to convince the company to use the property for higher-level R&D work. Meanwhile, several global automotive companies Mercedes-Benz USA most recently have signed new long-term lease and facility development agreements with the Port of Baltimore.To the west, Fleetwood Enterprises and Phoenix Color are closing plants in Washington County, but the net results have been positive, highlighted by distribution centers for Home Depot, FedEx and Tractor Supply Co. But perhaps the most telling give-and-take is the sparring in the state capital. Gov. Robert Ehrlich in 2004 had vetoed a bill calling for a 10-percent surcharge on corporate income taxes for three years in order to provide money for higher education. As a January 2005 special session got under way, and onlookers expected a possible veto override, Gov. Ehrlich announced that he was boosting the state's higher education budget by 5.7 percent to US$800 million. Enough override proponents were placated by that measure to keep the override measure from ever being introduced. |
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