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MARCH 2005

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MARYLAND SPOTLIGHT



Getting Goods to Market
LAUREL'S TASTY TREAT: One of the nation's largest food processing projects in 2004 was Dreyer's Grand Ice Cream's announcement of a $180-million expansion at its plant in the Howard County city of Laurel. The new configuration will take the complex to 700,000 sq. ft. (65,030 sq. m.) and add more than 300 new workers to its current payroll of 220 by the time of the expansion's completion in 2007.
Maryland's 2005 legislative session will have a lot to say to corporations.

by ADAM BRUNS

A
s a logistics hub of increasing popularity, it's only right that Maryland's recent climate for corporate projects has been characterized by a lot of give and take.
      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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