Baltimore County Now
Sara Trenery, Business Development Representative
Baltimore County Department of Economic and Workforce Development
Baltimore County has long been a prime spot for companies specializing in advanced electronics, radar, and microwave technologies. These often low-key businesses operate “under the radar,” so to speak, designing, engineering, manufacturing and servicing equipment used by the Department of Defense. Here’s a look at a company that crossed the pond and found Baltimore County to be the perfect location for their specialized tech business.
TMD Technologies is one of the world's leading designers and manufacturers of specialized parts for radar and electronic warfare applications, as well as advanced commercial microwave amplifiers for EMC testing, scientific and medical applications. Last year, the UK-based company established its first U.S. subsidiary, TMD Technologies LLC, in Baltimore County. Based in Halethorpe, the new subsidiary offers a significant benefit to U.S. customers, bringing local technical support, repair and product support, dealing with export compliance and handling classified interchanges.
TMD has sold a large number of microwave products to U.S. customers over many years and the company recognized the desirability of having a North American office to service its U.S. customers more efficiently and effectively. The company looked at sites in Pennsylvania, New Jersey and Delaware before selecting the Beltway Business Park in Halethorpe. Access to federal decision makers and defense contractors and a prime location at the intersection of I-695 and I-95 near BWI Marshall Airport were attractive to the U.K.-headquartered company.
"TMD's success in the U.S. radar and electronic warfare (EW) market has been exceptional. Enhancing TMD's U.S. support presence to better serve our customers is extremely exciting and Baltimore County was the right location for this facility," said Mike Farley, CEO of the TMD Technologies U.S.
For more information on locating in Baltimore County, contact the Baltimore County Department of Economic and Workforce Development at email@example.com, call 410-887-8000 or visit online at www.BaltimoreCountyBusiness.com.
Will Anderson, Director
Baltimore County Department of Economic & Workforce Development
It’s a reality every small business owner faces. When your business plan says it’s time to take it to the next level, you discover that you need more trained workers, more space, and more capital. As they say in that classic movie “who you gonna call?”
The Baltimore County Department of Economic and Workforce Development can help with free workforce recruitment and training, site searches for a new location, business and marketing plan development, and financing assistance.
OK, we got your attention with financing.
Baltimore County can help you make the most of Enterprise Zone, commercial revitalization and job creation tax credits. But let’s focus on a new Baltimore County loan fund.
The new Baltimore County Boost Fund offers flexible loans for small, women-owned and minority-owned businesses and entrepreneurs. The Boost Fund provides business loans for
· Start-up and gap funding
· Building and leasehold improvements
· Business and equipment acquisition
· Working capital
· Commercial real estate acquisition
The Boost Fund can lend qualified small businesses between $50,000 to $250,000, with a reduced down payment and interest rates set at or below market rates. Payment plans are customized to meet your business cash flow needs.
We have already made an impact with the Boost Fund. Here are a few examples.
Michele's Granola is honored to be the one of the first recipients of Baltimore County's Boost Loan Fund. These funds will allow us to expand to a larger kitchen facility in Baltimore County and double production of our small batch granola products that will be available for wholesale distribution throughout the United States. We are proud to be a woman-owned business contributing to job creation and economic development in Baltimore County.
Michele Tsucalas, President, Michele’s Granola
A women-owned manufacturing company
One of the greatest impediments to growth any business faces is access to capital. With the Boost Loan program, Baltimore County clearly recognizes that expanding small businesses are vital to the local economy. We will use this loan to grow and make further contributions to the local economy.
Barnett A. Carroll Jr., President, Aegis Mechanical Corporation
A service disabled veteran-owned and minority certified business
Baltimore County's new loan program has helped my husband and I renovate an older but full-of-character building. The funds are being used to build a new kitchen, renovate the bar, and revitalize an older dining area so we can bring some great food and service to Arbutus. Without Baltimore County and their loan program, we wouldn't be where we are with the renovations.
Sharon Andrews, co-owner, Oak Creek Café
A new business in the Arbutus Commercial Revitalization District
For more information about additional financing programs, tax credits, recruiting workforce talent and other small business services, visit the Baltimore County Department of Economic and Workforce Development at www.BaltimoreCountyBusiness.com or call 410-887-8000.
This could be the boost your company needs.
Jordan Fish, Baltimore County Tourism and Promotion
With cooling temperatures and dramatic color-changing foliage, fall is a beautiful time to be in Baltimore County. Whether you're in search of the perfect pumpkin, freshly pressed apple cider, corn mazes, or spooky haunted attractions, there is something for everyone this season. Autumn in Baltimore County is also home to many great local events, with everything from concerts to wine tastings available right in your backyard.