Early Charm Plans Baltimore City, Maryland, Production Complex
The company leased more than 26,000-square-feet at 1300 Bayard Street in Pigtown. The investment will grow custom manufacturing for advanced materials and support the addition of 30 new ventures.
“Baltimore has proven to be a great place for us to launch and grow ventures. We’re excited to continue growing here,” said Early Charm Executive Officer Ken Malone. “The new facility allows us to expand custom manufacturing of advanced materials including 3D printed plastic, metal, ceramic and biologic parts, nanofiber filters, membranes and textiles, flexible electronic components, and flame-retardant textile inks. Many of these products started as ideas at local universities.”
The Maryland Department of Commerce has provided a $460,000 conditional loan through Advantage Maryland, and the Baltimore Development Corporation has provided a $100,000 conditional loan. The company is also eligible for various other incentives and tax credits, including the Partnership for Workforce Quality program and the state's Job Creation Tax Credit.
“Maryland and its educational institutions are thriving with innovation and Early Charm is helping bring their ideas to life,” noted Maryland Department of Commerce Secretary Kevin Anderson. “We applaud the company’s decision to expand its advanced manufacturing operations in Baltimore.”
Early Charm transforms scientific discoveries into sustainable and profitable businesses. Industries served include blue technologies, advanced manufacturing, therapeutic drug design, and engineered products.
“We’re excited to support the continued growth of Early Charm,” added President and Chief Executive Officer of Baltimore Development Corporation Colin Tarbert. “Early Charm’s success in developing innovative businesses by leveraging new technologies and a diverse workforce exemplifies the robust equitable economy that we are building in Baltimore.”
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