Montgomery Parks will renovate the Ellsworth Urban Dog Park located in Ellsworth Urban Park in Silver Spring beginning in early January 2025.
The Washington Commanders announced today that Mark Clouse has been named Team President, overseeing all facets of the organization’s business operations. He will take over for Jason Wright after it was announced this past summer that Wright would leave the organization by the end of this season.
Four Montgomery County companies in the financial services, AI, biopharma, and clean tech industries raised just over $460 million across public offerings and private investment activity in June and July, signifying continued investor confidence in Montgomery County’s business ecosystem.
In June, Forbright, a Chevy Chase-based bank holding company with 545 employees, successfully completed its initial public offering on the Nasdaq. The D.C. region’s fastest-growing bank raised $142.2 million, valuing the company at approximately $950 million, marking not only a major milestone for the company but also for Montgomery County’s rapidly expanding financial services industry, which boasts companies spanning venture capital, private equity, financial technologies, and investment asset management.
Also in June, Bethesda-based Xometry announced a $225 million secondary public offering. Founded in Gaithersburg, the AI-powered manufacturing marketplace has become one of Montgomery County’s homegrown innovation economy success stories, connecting businesses with manufacturing capacity around the world through its intelligent digital platform. The additional capital will allow the company, which employs over 1,000 people, to continue expanding and investing in advanced manufacturing innovation.
Known as the anchor of the third-largest biopharma hub in the nation, it’s not surprising that life sciences companies in the County also continue to attract attention from investors. In July, RegenxBio, Inc., a clinical-stage biotechnology company focused on the development of gene therapy treatments, raised $90.04 million in its second public offering on the Nasdaq Stock Exchange. Located in Rockville with over 370 employees, RegenxBio is a leader in developing therapies for retinal, neuromuscular, and neurodegenerative diseases.
In clean tech, Arculus Solutions, a developer of hydrogen-barrier coatings designed to protect infrastructure from hydrogen embrittlement, raised $1.95 million of Seed-1 funding from undisclosed investors, putting the company’s pre-money valuation at $20.05 million. The company’s coatings can be used in various applications, such as hydrogen fuel cell pipelines, storage tanks and hydrogen-powered vehicles, enabling the energy industry to reduce the risk of accidents and improve safety. Based in Bethesda, Arculus is yet another example of Montgomery County’s growing position as a hub for clean tech, which is home to several leading clean tech companies, including X-energy and Liatris.
From innovative financial institutions and AI leaders to biopharma and clean tech companies that are developing technologies that are shaping to future, Montgomery County continues to remain a place where companies can start and scale quickly.
The Takoma Park Police Department has shared that on or about December 20, 2024, north and southbound traffic on Carroll Avenue will be limited to right turns only at the intersection with University Boulevard (MD 193) for approximately five weeks.
The Johns Hopkins House, Inc. and its founder, Robert S. Brown, have been permanently banned from charitable soliciting in Maryland following a settlement over violations of the Maryland Solicitations Act, including misleading donors and misusing funds, according to Attorney General Anthony G. Brown and Secretary of State Susan C. Lee. (more…)
On August 22, the New Neighbor Interfaith Alliance (NNIA) will host the 2026 Set Them Up for Success Volleyball Tournament and Family Fun Day from 9 am-4 pm at the Interdenominational Church of God in Gaithersburg, gathering volleyball teams, faith community members, and the public to raise funds to help recent refugees in Montgomery County attain independence.
An interfaith non-profit alliance of 37 faith communities and civic groups, NNIA raises funds to help resettled refugees with rental assistance, deferred medical care, English language skills and job placement. They also hope to expand their volunteer numbers to help more beneficiaries with job assistance, reliable transportation, and mentoring.
Butchers Alley is ten years old! To celebrate we’re throwing a can’t-miss cookout on Saturday August 29th from 11am-2pm. We’ll be grilling up free handcrafted burgers for the first 150 customers, tasting some of our favorite products and we’ve got a few fantastic raffle prizes for you like a $100 catering gift card, a free paella party for four and a butcher's pick bundle of our favorite cuts.
We’ll see you Saturday August 29th from 11am-2pm for great burgers, good times and celebration of 10 years of Butchers Alley!
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The Adventure Park at Sandy Spring has extended its contract with Sandy Spring Friends School for several decades, ensuring its operations will continue at the current location, where it has served as a popular ropes course and zipline destination since 2010. (more…)
Detectives from the Gaithersburg Police Department – Investigative Section are investigating a shooting that occurred in the 300 block of Copley Place in Gaithersburg’s Downtown Crown neighborhood.
The Montgomery County Police Department (MCPD) responded to 18000blk of Town Center Dr. in Olney on Tuesday, December 3, for the report of a shooting. (more…)
MCPS: Maryland State Report Card Shows 93.6% of MCPS Schools Score 3 or Higher on Annual Star Rating
The Maryland State Department of Education (MSDE) released its 2024 Maryland Report Card, which measures the success of schools and identifies areas for improvement for state, district and school-level results in the state of Maryland.
The Montgomery County Police Department (MCPD) has arrested and charged a 30-year-old Laurel man with an armed robbery at the Tobacco and Vape Outlet in Gaithersburg on November 8, after identifying him through surveillance footage and executing a search warrant at his residence. (more…)
Below is a list of businesses that have recently opened or are coming soon to Westfield Montgomery Mall (7101 Democracy Blvd) in Bethesda: (more…)
Nearly 20 years after closing the last CHI-CHI’S™ restaurant location, the popular Mexican restaurant chain is set to make a comeback thanks to a new agreement with Hormel Foods, owner of CHI-CHI’S™ trademarks. The deal grants Michael McDermott, son of CHI-CHI’S™ founder, use of the CHI-CHI’S™ name on physical restaurant locations which are expected to open in 2025. Locations for the upcoming restaurants have not been revealed, but the nationwide chain previously had two local restaurants right here in Montgomery County.