Early Charm Plans Baltimore City, Maryland, Production Complex
08/15/2023
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.”
Project Announcements
Bartlett Group Plans Strathcona County, Alberta, Headquarters-Manufacturing Operations
10/11/2024
Mart Frozen Foods Establishes Rupert, Idah, Production Operations
10/11/2024
Verst Group Logistics Expands Boone County, Kentucky, Operations
10/11/2024
Afton Scientific Expands Albemarle County, Virginia, Manufacturing Operations
10/10/2024
Eli Lilly and Company Expands Lebanon, Indiana, Operations
10/09/2024
Johnson & Johnson Plans Wilson, North Carolina, Pharmaceutical Manufacturing Operations
10/08/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Reaching for the Stars: Space Industry Creating Opportunities Across the Country
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024