Austrian life sciences firm chooses Virginia over Maryland for U.S. headquarters

Austrian life sciences firm Ringana has made the United States the target of its next international expansion push, but first it needed a U.S. corporate headquarters to operate from. It has found the perfect location, and you won't be surprised to hear it is not in Montgomery County, or even within the state of Maryland. You also won't be surprised to learn that Virginia is once again the winner in this latest corporate HQ sweepstakes. That's right: 435 jobs are on the way from the Österreich to 2797 Frontage Road NW in Roanoke, Virginia. The former Johnson & Johnson site will not only house corporate offices, but also a manufacturing facility and a distribution center.

The deal was apparently secured when Virginia Governor Abigail Spanberger invited Ringana corporate leadership to meet with her personally this past February. In contrast, Maryland Governor Wes Moore has failed to turn his supposedly-massive Rolodex of Wall Street, Hamptons, and Martha's Vineyard business contacts into a single major corporate headquarters win. After an awkward few months dominated by divisive partisan politics, Spanberger seems to have found the blueprint left behind by her Democratic predecessors, who have typically been as successful in attracting corporate headquarters as their Republican counterparts.

“RINGANA’s decision to establish its first U.S. facility in Virginia underscores the Commonwealth’s reputation as a welcoming, premier destination for international investment,” Spanberger said in a statement. “With our world-class workforce, strong apprenticeship and career training programs, and unwavering commitment to supporting global companies in a global marketplace, Virginia offers the ideal environment for businesses to grow and succeed in the United States. We are excited to welcome RINGANA to Roanoke and look forward to the hundreds of career opportunities this partnership will create for Virginians.”

We should take note of the site chosen by Ringana. Look how close it is to Roanoke-Blacksburg Regional Airport, which has connecting flights to Dulles International Airport. Also nearby is Interstate 81, a major freight trucking route connecting Tennessee and Canada. Once again, Virginia tax advantages join with infrastructure to hand Maryland and Montgomery County yet another economic development loss. MoCo and Maryland elected officials will tell you with clownish pride that "we don't do highways," and that they will never allow construction of the long-delayed new Potomac River crossing to the Dulles area.

Now before we get too carried away, I don't want to overhype Ringana. We should be focused on major corporations, especially on aerospace, biotech, defense, and technology firms. Ringana is not a Fortune 500 company. But it has enjoyed $245 million in annual revenue, and 30% year-over-year revenue growth. It will be investing $85 million in Virginia and its people and communities. The Roanoke Regional Partnership is already working to connect local businesses that can provide services to Ringana with the company's leadership.

Beggars can't be choosers. Montgomery County and Maryland once again are left holding their nearly-empty begging cups.

Armand's Pizzeria latest victim of the moribund Montgomery County economy

Armand's Pizzeria and Grille is closing at 190 Halpine Road in Rockville. After over 51 years in business, the restaurant's co-owners announced on Instagram that they will permanently shut their doors after the close of business on June 20, 2026. This is your last chance to get a slice of Armand's pizza. But it's also another chance to see what the anti-business policies of the Montgomery County Council, and the resulting moribund Montgomery County economy, have wreaked on our business community and underfilled County revenue coffers.

WTOP reporter Luke Lukert wrote that "due to financial reasons and a struggling environment for small businesses, they will have to shut their doors." Lukert interviewed Armand's co-owner Chris Sappe, who told him,"Montgomery County is a tough place to have a family-owned business with minimum wage increasing." Along with recent hikes in ingredient and fuel costs, Sappe said, they had to make the difficult decision to close.

Let's again spin one of the greatest hits recorded by Peter Gragnano of the Suburban Washington Franchise Owners Association, when he and many other business owners and advocates pleaded with the Council not to move forward with their massive minimum wage hike in June of 2016. "That's a lot of extra Slurpees to sell," Gragnano said in the quote of the night. Did the Council heed these warnings? Nope.

Remember the Council's brilliant idea to index the minimum wage to inflation beginning in 2021? Yep, that one hasn't aged well, either. One businessman warned the Council that if inflation spiked as it did in the late 1970s and early 1980s, "there won't be a way to wash a dish in a restaurant." This is the man you should now be asking to generate your lottery numbers! Inflation spike? In America? The County Council clearly does not share that businessman's Kenny Kingston-esque foresight.

Another one of the brilliant minds in the business realm of Maryland is Maddy Voytek, who in 2016 was working at the Maryland Retailers Association. She noted that Montgomery County had already lost 2141 retail jobs between 2000 and 2016. Voytek told the Council that adoption of the $15 wage would "devastate our economy."

What we've seen most recently, as all of these dire predictions came true, are more closings of older businesses. Community institutions. Businesses like Armand's or Flanagan's in Bethesda. Businesses that have survived wars, recessions, and the 2008 "Great Recession," only to be felled now by the incompetents on our County Council. Something is rotten in the County of Montgomery. Have the smelling salts reached your nostrils yet?

Samsung chooses Texas over Maryland for new U.S. corporate headquarters

Maryland dropped the ball - and dropped the call - on one of the biggest corporate headquarters relocation sweepstakes of 2026. South Korean technology giant Samsung is fleeing New Jersey after locating its U.S. headquarters there nearly 40 years ago. Up for grabs were not only the prestige of having the HQ of a conglomerate with fifth-highest brand value of any company in the world, but also 1000 high-wage jobs. You would expect Maryland, which hasn't attracted a single new major corporate headquarters in over a quarter century, to pull out all the stops to lure Samsung to the state. But you would be wrong: Samsung is instead moving its HQ to Plano, Texas.

How hard did Montgomery County and Maryland try to win the game? We don't know, because neither discussed their desire or strategy to win over Samsung publicly. We know Maryland Governor Wes Moore was in touch with executives of a Samsung biotech division when he traveled to South Korea on a trade mission in 2025. Those conversations played a role in Samsung Biologics agreeing to take over a Montgomery County manufacturing facility that was likely to close otherwise. Was Moore able to tap into those contacts during this year's HQ competition? We don't know.

What we do know, is that Montgomery County and Maryland again reaped the whirlwind of failing to get themselves into fighting shape for economic development. While the Maryland tax burden is less than New Jersey's, it cannot remotely compete with Samsung's choice of Texas. The Lone Star State has no individual or corporate income tax. Maryland, whose leaders chose to close 8 power plants and implement "clean" power mandates and a Communist EmPOWER surcharge on electric bills, can no longer generate enough power and is forced to import electricity at higher "boardwalk prices." As a result, energy costs in Texas are literally half of those in Maryland. 

Those two factors alone were likely enough to convince any intelligent executive to choose Texas over Maryland. But wait - there's more.

Texas has superior highway and air travel infrastructure. Dallas Fort Worth International Airport is closer by car to Plano than Montgomery County is to Dulles International Airport, thanks to Montgomery County and Maryland officials actively blocking construction of a long-planned Potomac River crossing to the Dulles area. 

There's also no contest when it comes to private jet travel. Business executives can travel to international destinations like London and Mexico City from Addison Airport, located only 12-17 minutes from Plano. Such jaunts are not possible from the Montgomery County Airpark, which cannot accommodate larger business jets. Addison has customs facilities; Montgomery County Airpark does not. Addison boasts 3 Fixed-Base Operators providing fueling, minor maintenance, deicing, and baggage handling; flight crew resources and facilities such as flight plan and weather rooms and crew lounges; and luxury VIP passenger lounges, secure parking, and corporate sedan/limousine ground transportation coordination. MCA has one FBO, which is limited to fueling and hangar storage, and does not offer luxury facilities or amenities.

Finally, Texas is a Right to Work state and has a far-cheaper cost of living than Maryland. This means lower overall labor costs, and the lower cost of housing and everything else helps to attract the best and brightest to Texas.

Texas has a whopping 57 Fortune 500 corporate headquarters. Maryland has...3. Womp womp.

"Texas is the undisputed headquarters of headquarters," Texas Governor Greg Abbott said in a (under)statement earlier this week. 

Another corporate headquarters leaving Montgomery County for Virginia

Just weeks before the primary election, Montgomery County has lost yet another corporate headquarters to Northern Virginia. Spatial Front, a defense contracting firm, has announced it will be relocating from Bethesda to Crystal City. It will take 450 high-wage jobs with it. Spatial Front is a privately held firm founded in 2008 that specializes in artificial intelligence, machine learning, geospatial technologies, cloud services, and digital modernization for U.S. federal agencies.

Beyond the incredible tax advantages and superior infrastructure of Virginia, and the moribund economies of Montgomery County and Maryland, a person in the defense contracting field tells me that the new Maryland IT services tax may have been the last straw for Spatial Front. Beginning last July, Maryland’s Budget Reconciliation and Financing Act of 2025 instituted a 3% sales and use tax on data processing, computer systems design, and software publishing. As the Fort Meade Alliance warned Maryland elected officials, the IT tax could have the result of driving what's left of the defense contracting business out of the state to Northern Virginia. That's partly because the tax wallops companies operating under the NAICS 5415 code (Computer Systems Design), the industry group said, and could wipe out profit margins.

The Spatial Front departure again confirms all that I've been saying for years. Montgomery County and Maryland do not have competitive tax policies. In fact, Montgomery County has the largest total tax and fee burden in the Washington D.C. Metro area. All Northern Virginia counties enjoy direct access to Dulles International Airport, the only airport in the region that offers the frequency of flights to the largest variety of destinations that international businesspeople demand. Montgomery County, by contrast, has steadfastly refused to build the new Potomac River crossing that would extend I-370 to the Dulles area, an own-goal of increasingly-catastrophic proportions. And we also see the magnetism of winning these corporate headquarters. Crystal City has the Amazon HQ2, and companies want to be where the energy is.

To top off the irony of the loss, Spatial Front is moving into 2231 Crystal Drive, a building owned by Bethesda-based JBG Smith! "As Governor, I am proud that Spatial Front is moving its headquarters to Arlington," Virginia Governor Abigail Spanberger said in a celebratory press release announcing the victory. "The decision to relocate and bring hundreds of high-quality jobs to the Commonwealth reaffirms Virginia’s status as the nation’s premier location for defense and technology innovation. I remain focused on working with state and local partners to bolster that reputation, strengthen our business climate, and cement Virginia as the top state for talent so we can continue to openly welcome growing and expanding companies in every industry."

While Spanberger was closing the deal with Spatial Front, the Montgomery County Council was raising multiple taxes on its residential and business constituents, attending conferences at Hawaiian resorts, advancing a moratorium on data centers and an unconstitutional gun control bill, and passing a bill on the use of masks by law enforcement that violates the U.S. Constitution's Supremacy Clause. Doh!

Remember when Tennessee was sealing the deal after wooing Discovery away from Silver Spring, and the Montgomery County Council was simultaneously debating a ban on circus animals? Wow. Heckuva job, Brownie!

Maryland silica factory closing, production relocating to South Carolina

There goes another one. Evonik Corporation will close its Maryland factory in Havre de Grace, and relocate its production of silica to South Carolina. The closure will eliminate 34 jobs, according to a filing the chemical firm submitted to the state on Wednesday. While the company explains its strategic move with buzzphrases like "economies of scale," there are several obvious reasons why the grass appears much greener in the Palmetto State if you are running a business enterprise.

Industrial electricity rates in South Carolina are 22% less than in Maryland. This is largely due to the forced closure of eight power plants by Maryland elected officials, who have also mandated the purchase of ever-increasing amounts of "clean power," such as solar or wind. In addition, the state has socked energy utility customers with an EmPOWER Maryland fee, that funds a Marxist program that subsidizes the purchase of energy efficient equipment by lower income customers. The end result is that Maryland now imports the majority of its electricity from out-of-state, naturally at greater cost than it had been provided from those shuttered in-state plants. Not to mention that Maryland ratepayers are now receiving record-high monthly power bills.

Maryland's corporate tax rate is 8.25%. South Carolina's is 5%. Doh!

Last year, Maryland Governor Wes Moore and the Democratic-controlled legislature established a 3% tech tax. By comparison, IT consulting, custom coding, and systems design are not taxed in South Carolina.

Finally, Maryland’s average annual pay for chemical engineers is approximately $121,012 to $140,708. In Charleston, the average is roughly $93,975 to $128,000, according to Indeed.com.

Heckuva job, Brownie!

AI firm KnowBe4 chooses Virginia over Maryland for D.C.-area office

Maryland Governor Wes Moore has touted artificial intelligence and quantum computing as "lighthouse industries" he wants to develop in the state, but yet another such firm has chosen Northern Virginia over Montgomery County. Florida-based KnowBe4 was seeking a location in the Washington, D.C. area to advance "the company’s continued investment in the public sector and its commitment to helping government organizations address workforce trust management, AI-enabled threats and evolving national security challenges." After an extensive search process, the firm chose Two Liberty Center at 4075 Wilson Boulevard in the Ballston area of Arlington County.

"KnowBe4’s strategic decision to expand its offices into Arlington, VA is a testament to the enduring strength of Arlington as a key destination for companies seeking top talent and a welcoming business climate," Arlington Economic Development Acting Director Kate Ange said in a statement. "KnowBe4 will benefit from a unique and thriving innovation ecosystem of federal cybersecurity policymakers and thought leaders working collaboratively with private enterprises and research institutions, all in Arlington." Meanwhile, Montgomery County and Maryland officials are on the sidelines again, watching helplessly as Virginia continues to eat our lunch just because the radical Marxist totalitarian-left elected officials on our side of the Potomac can't put their ideology aside for the good of their constituents.

Mark Warner, U.S. Senator from Virginia, participated in a ribbon-cutting at the new Arlington office on February 23 (see photo at top). KnowBe4's focus on human and agentic AI risk management is a topic of news headlines on a daily basis at the moment. Economic development in Montgomery County and Maryland is not. MoCo and Maryland haven't attracted a single new major corporate headquarters in over 25 years. Heckuva job, Brownie!

Photo courtesy KnowBe4

Maryland should cut taxes now while socialist Virginia crashes out

Moribund Maryland and Montgomery County have an unexpected opportunity to make up lost ground against dominant rival Virginia. Elected officials should seize it, and cut income, property, and corporate taxes across the board. New Virginia Governor Abigail Spanberger had been expected to govern as a pro-business moderate in the mold of her Democratic predecessors Terry McAuliffe and Ralph Northam, who were generally as successful as their Republican counterparts in sustaining the state's strong economic development record. But once sworn in, Spanberger has taken an unexpected radical left turn, and Virginia is suddenly spiraling for the moment.

Spanberger is not discouraging the Democrat controlled Virginia legislature from sending over a dozen tax increases to her desk. She is raising the minimum wage to meet Maryland's $15 mandate (it will still be lower than Montgomery County's, alas). And she is reducing prison sentences for violent felons. Is axing Right-to-Work next?

Boeing has now announced it is relocating its Virginia operations to Missouri. That move was probably in the works for some time, as it was obvious three years ago that Spanberger would win against a weak GOP candidate, but Boeing apparently knew Spanberger's ideological bent better than most political observers.

What better way for Maryland Governor Wes Moore to juice the state's moribund economy, and his re-election campaign, than to call a special session to reduce taxes across the board? The Montgomery County Council will be setting the FY-2027 budget at the same time, and should cut taxes and spending at the County level simultaneously. We could lure the millionaires and billionaires of Great Falls, McLean, Leesburg, and Middleburg to Montgomery County. Remember Council staff member Jacob Sesker's eye-opening presentation that showed what a huge revenue windfall is delivered by just a couple dozen millionaires and billionaires, what a significant percentage of the total annual haul they can account for. And a high-profile tax reform will alert relocating corporations that Maryland is open for business.

Gov. Moore needs to let the education Blueprint go. Tear it up and throw it away. Same with the Red Line project in Baltimore. We don't have the money. But Virginia is giving us a rare chance to get some. Take it!

Maryland is 2nd-worst state to start a business, study finds

 

Maryland is the second-worst state in America in which to start a business, a study by WalletHub found. Rhode Island is rated the worst of all. The latest ignoble recognition for the Old Line State is compounded by other recent rankings showing Maryland is #46 out of 50 in tax competitiveness, according to the Tax Foundation, and is way down at #36 on the list of best states to retire in - also compiled by WalletHub.

Montgomery County has the highest overall tax and fee burden in the region. What else makes Maryland a terrible place to start a business? A poor business environment, WalletHub says. That includes measurements of current small business growth statistics, job growth, variety of industries, startups per capita, five-year business survival rate, share of fast-growing firms, and the entrepreneurship index. 

Another criteria examined was the cost of doing business. Beyond high County and State taxes, that takes into account the cost of living, the cost of office space, labor costs, employer-based health insurance costs, and the corporate tax rate. Not surprisingly, Maryland scores poorly across the board on business costs.

Also considered were access to capital and a skilled workforce. This includes the amount of venture capital being invested in Maryland businesses, rankings of colleges and universities in the state, and growth of the working age population.

Which states are the best to start a business in? According to WalletHub, Florida, Utah, Texas, Oklahoma, Idaho, Mississippi, Georgia, Indiana, Nevada, and California. Better start voting for better-qualified elected officials, or rent a moving truck for your business to relocate to greener pastures.

Imagine if they had factored in the exorbitant cost of energy in Maryland! We might have dropped to dead last. As it is, we're in real trouble, folks. How many more miles can Montgomery County and Maryland go down the road with tape over the Check Engine light on the economic development dashboard? Heckuva job, Brownie!

Montgomery County property taxes now exceed mortgage payments for many

For many years, I have written about the fact that property taxes in Montgomery County have essentially become the equivalent of a second mortgage for many homeowners. If we believe we have honest elections in the County, suffering the highest overall tax and fee burden in the region has yet to spark revolt among County voters. Would property taxes higher than your annual mortgage payment be enough to get taxpayers reaching for their proverbial torches and pitchforks? That's why I was delighted to read Chevy Chase resident Glenn Easton's letter to the editor in the rapidly-shrinking Washington Post.

Easton reported that this shocking event - the Taxological Singularity, if you will - has now taken place. "My property taxes exceed my mortgage payment and threaten my ability - and the ability of many others - to age in place in this state." He noted that the latest tax increase on his property was 13% in 2025, and have been as high as 26%. Easton has challenged assessments of his property each time, and has lost each time. Like me, Easton is "not sure why more homeowners (and voters) are not outraged."

California voters, in a very, very different era in the Golden State, led perhaps the most famous tax revolt in America since 1776. Easton called for a similar revolt and reform to that storied uprising of 1978, which led to property tax increases being capped at 2% annually.

With all County offices on the ballot once again this November, are Montgomery County taxpayers finally ready to revolt?

The County's disastrous fiscal situation indicates that change must come sooner or later, the (somewhat) easy way, or the hard way. Our tax burden must be reduced, and our master plan highway system completed, to attract high-wage jobs and corporations to the County. Montgomery County hasn't attracted a single new major corporate headquarters in over a quarter century. The only growth is in residential housing, and our structural budget deficit confirms that the costs new housing generates far exceed the tax revenue they generate.

Speaking of revenue generation, Council members have delivered multiple tax cuts to their developer sugar daddies, even as they've raised yours every single year except FY-2015 (in which the average homeowner received a whopping $12 tax cut). Perhaps inspired by the $72 million tax cut the Council delivered to developers in White Flint back in 2010, Councilmember Andrew Friedson has successfully pushed through two major tax cuts for developers in recent years. These have created massive exemptions from property taxes for projects at Metro stations and for office-to-housing conversions. The latter law is so permissive, its 20-year full property tax exemption(!!) applies to so many projects that it will blow a massive hole in County tax revenues over the next two decades. Most offensive is that these projects were going forward anyway, with the tax elimination simply an act of profiteering.

When taxes get lighter for real estate developer Friends of the Council, guess who taxes get heavier for? Yep, you the home and business owner. We can't keep shifting the tax burden to homeowners and small businesses, and we can't keep forgoing all of the lost business and commercial revenue we are losing due to our non-competitive tax burden and moribund County economy.

We also can't keep spending the way we are. Where the Council and our equally-corrupt Apple Ballot School Board are satisfied with a generously-funded school system that performs poorly, we instead need an adequately-funded school system that performs exceptionally. And an in-depth reform of profligate spending on Council-connected "non-profits" is long overdue. Many of these have organizational directors and officers who make financial contributions to Councilmember campaigns. Taxpayer money effectively ends up in the pockets of Councilmembers, and provides lucrative careers for the donors. 

The tax policies of Montgomery County are eerily reminiscent of those in Bell, California. Elected officials there ultimately ended up in prison.

Taxation is theft, to begin with. Property taxes by their nature are insidious, particularly at the almost-comically-excessive level charged in Montgomery County. If you don't pay, the government takes your home. Which means that all "private property" is effectively owned by the government, and you are paying government a rent to live there.

Enough is enough. Beyond a stagnant economy, gross incompetence by elected officials, high violent crime, and failing transportation and school systems, is a property tax that exceeds your mortgage payment enough for you to act? We'll find out on Election Night 2026.

To the barricades!

Montgomery County Executive Marc Elrich to hold data center community forum Feb. 3

Montgomery County Executive Marc Elrich announced today that he will host a community forum on the hot button issue of data centers on Tuesday, February 3, 2026, from 7:00 PM to 9:00 PM at the Montgomery County Executive Office Building at 101 Monroe Street in Rockville. The forum will be held in the Auditorium of the building, and will also allow virtual participation online via Microsoft Teams. 

Input collected from the public at the forum will be considered as the County government formulates new legislation, policies, and regulations regarding data centers. The controversial facilities are considered essential, along with ample energy resources, to the development of artificial intelligence and related economic and job growth. But the lack of jobs provided by the facilities themselves, their heavy energy use and cooling needs, imposing size, and noise pollution have generated strong community opposition. Adding to the increasing focus on data centers has been a vigorous attempt by states to divert attention from the impact of their past moves to shutter power plants and force the purchase of wind and solar power, which along with government fees have jacked up energy bills in Maryland, Virginia, Pennsylvania, and elsewhere, by placing the blame on data centers.

"Data centers are part of the modern economy, and we need to have an honest conversation about what they mean for Montgomery County," Elrich said in a statement today. "Data centers can bring investment and jobs, but they also place real demands on our power grid, our water supply, and our land use. I want residents, businesses, and environmental advocates at the table, so we need to get this right. The decisions we make now will affect our climate goals, our neighborhoods, and energy costs for years to come. This forum is about listening first and making sure any policy we adopt reflects the values and priorities of the people who live here."

Montgomery County Council President Fani-González (D-Dist. 6) and Councilmembers Balcombe (D-Dist. 2) and Sayles (D-At-Large) have already proposed a zoning text amendment that would limit data center locations to industrially-zoned sections of the county. At-Large Councilmember Evan Glass (D) has introduced his own bill, which would establish a data center task force, if passed.

Chris Burnett, a Republican running for the 6th Congressional District in Maryland, which includes part of Montgomery County, warned against the Council pursuing a "piecemeal" approach to data center regulation. "Whatever the Councilmembers decide should be aligned to a part of a strategic plan. I offer real leadership strategies instead of knee-jerk reactions and band-aid solutions through my Innovation Corridor plan," Burnett, a retired Marine Corps officer and national security lawyer, said in a statement. "The piecemeal approach being proposed is what got Virginia into the mess it's in, and we appear to be wading into the exact same scenario without any long-term solutions. This shortsighted approach that doesn't align with national security strategies will inevitably lead to short-term gains at the expense of local residents without any opportunity for strategic growth."

Samsung Biologics acquires GSK manufacturing facility in Montgomery County

 

Some rare good news out of Annapolis about the rare bright spot in the moribund Montgomery County economy: biotech. Samsung Biologics has just acquired the GlaxoSmithKline manufacturing facility in Rockville, Maryland Governor Wes Moore announced yesterday. GSK had announced earlier this year that it would be moving its vaccine research and development operations from that Rockville facility to Massachusetts. Samsung's acquisition will keep more than 500 existing jobs at the site, and add an unspecified number of additional jobs as Samsung adds potential production lines for other local biotech firms in the future.

Moore was hands-on in recruiting the South Korean firm. He personally met with Samsung Biologics executives earlier this year during an international trade and investment mission to Japan and South Korea to promote economic growth and workforce development. 

“We are thrilled that Samsung Biologics has selected Maryland for their first U.S. manufacturing facility, a testament to our state’s leadership in life sciences, our highly-skilled workforce and the commitment of our private and public sector to advance patient health around the globe,” Moore said in a statement Monday. “During our Asia trade mission, we were excited to share with Samsung Biologics executives the many reasons why Maryland is an ideal foothold from which the company can execute its long-term strategy to expand in the U.S. market.”

Montgomery County Executive Marc Elrich, who has targeted life sciences in his efforts to attract high-wage jobs to the County, joined Moore in celebrating the win yesterday. “The acquisition of GSK’s Rockville manufacturing campus by Samsung Biologics represents a significant achievement for Montgomery County,” Elrich said in the statement released by Moore's office. “This $280 million investment brings the world's largest contract drug manufacturer to Montgomery County, ensuring U.S.-based manufacturing continues, safeguarding over 500 current jobs, and setting the stage for further growth as Samsung boosts production capacity. It serves as a robust endorsement of the ecosystem we have cultivated, which is founded on talent, diversity, and enduring partnerships. We proudly welcome Samsung Biologics to Montgomery County, Maryland, and anticipate their contribution in enhancing our economy, workforce, and status as a global life sciences hub.”

Italian aerospace firm chooses Virginia for rocket motor manufacturing facility

 

Were Maryland and Montgomery County even courting global aerospace firm Avio S.p.A in its search for a site to build a $500 million solid rocket motor manufacturing facility? We may never know. But we do know that the Italian firm has selected Virginia as the winner for the high-tech factory. The 860,000-square-foot advanced manufacturing facility will produce solid rocket motors for defense tactical and strategic propulsion, as well as commercial space propulsion sectors. 

“I want to thank Avio USA for choosing Virginia,” Governor Glenn Youngkin said in a statement. “Today’s announcement marks another exciting milestone for our aerospace and defense industry. Avio USA’s decision to build a new rocket motor manufacturing facility here is both an important investment in America’s national security infrastructure and underscores Avio USA’s confidence in Virginia.”

“Avio looks forward to establishing on U.S. soil a solid rocket motor production facility to contribute in strengthening the U.S. industrial base by providing decades of experience in engineering and manufacturing,” Avio S.p.A. CEO Giulio Ranzo said. “In particular, we are thankful for the Commonwealth and local governments’ warm welcome for our project and count on their future support for effective execution.” 

Does Maryland and its counties extend a warm welcome to aerospace firms? Not in this century. The County Council tried to run the last remaining big aerospace firm - Lockheed Martin - out of the county not once, but twice, with radical legislation that made us look like idiots after the bills received national news coverage. "We don't need the Lockheed headquarters," former Councilmember Nancy Floreen declared in the summer of 2010. 

It's no surprise that the County has failed to attract a single major new corporate headquarters in over 25 years. Or that, thanks to the highest personal and corporate tax and fee burden in the Mid-Atlantic region, Montgomery County and Maryland have effectively been in a recession for much of this century. MoCo's crime rate has risen faster and higher than its business and job growth rates as a result. Once the economic engine of the region, Montgomery County is now at or near the bottom across every major economic benchmark tracked by the federal government. Heckuva job, Brownie!

Heven AeroTech chooses Virginia over Maryland for new corporate HQ

Montgomery County and Maryland have failed yet again to win another corporate headquarters competition. The winner in the contest is a familiar one: Northern Virginia. Heven AeroTech is moving its U.S. headquarters from Miami to Sterling, Virginia. The firm specializes in the design, manufacture, and deployment hydrogen-powered, runway-independent drones around the world. Needless to say, this is a booming field, as drones are the future of warfare, and are also being utilized in a growing number of non-military sectors of the economy.

A quick look at the map shows once again the critical importance of having direct access to Dulles International Airport for economic development. Heven AeroTech's new HQ address, 45240 Business Court, is 4 minutes from the airport. It's also right adjacent to VA 28, in which the state has invested greatly to bring it up to interstate highway standards, by constructing numerous interchanges. That's the same VA 28 that Montgomery County and Maryland could have made a direct highway connection to via a new Potomac River crossing many years ago, but have defiantly chosen not to.

The results continue to speak for themselves. We are falling further and further behind in the game, at an accelerating pace. According to Business Facilities magazine, in Fairfax County alone, 75 of that county's 125 aerospace firms have moved or expanded there in just the last three years. Montgomery County hasn't attracted a single major new corporate headquarters - of any type - in over 25 years. 

Our "leaders" have made the deliberate decision to not give ourselves the Dulles advantage, and to continue to follow a tax-and-spend blueprint that is not only not competitive with rival jurisdictions, but now represents the greatest tax and fee burden in the entire region. Heckuva job, Brownie!

Hunger increases in Montgomery County

An unhoused person sleeps in the 
doorway of the vacant former
Sir Walter Raleigh Inn in Bethesda

Poverty, homelessness, and hunger continue to increase in Montgomery County. A new report released by the Capital Area Food Bank indicates that food insecurity in Montgomery County has increased by 1% in the last year. In contrast, hunger levels dropped in Prince George's County, the City of Alexandria, Arlington County, and Fairfax County. Food insecurity in Washington, D.C. increased by 2%.

The report was based on a survey of Washington Metropolitan Area residents conducted this spring. Most of Montgomery County's population growth in recent years has been in the low-income range. Meanwhile, the County has failed to generate high-wage jobs, and has not attracted a single new major corporate headquarters in over 25 years. The moribund economy and inflated food prices have been a devastating combination for many. Those who once turned to dollar menus at fast food restaurants to get by can no longer do so, as inflation and imposition of high minimum wages in that industry have had the desired effect of those policies' architects, to force low-income and working class residents to turn to government and non-profits for sustenance. 

Human BioSciences fleeing Montgomery County for West Virginia

The hits just keep on coming for Montgomery County. Its moribund economy took another cannonball to the gut yesterday. Human BioSciences announced it will be the latest company to move its corporate headquarters out of Montgomery County to a lower-tax jurisdiction in the region. It will move its current HQ from 940 Clopper Road in Gaithersburg to wild, wonderful West Virginia. 

The blow is an especially painful one for the County, as the biotech industry is the only bright spot in MoCo's private sector economy. According to the Maryland Department of Labor, all Human BioSciences employees are being offered positions at the new West Virginia facility, meaning that the taxable revenue of any MoCo residents leaving with the company will also be lost to the County's coffers.

It says quite a bit about the state of business in Montgomery County and Maryland that a biotech firm would leave. Remember, the County and State both provide financial incentives and tax breaks to the biotech sector, decisions made decades ago by smarter leaders that allowed for the creation of a strong life sciences presence in the I-270 corridor. In recent years, that strength has begun to weaken. It hasn't been helped when you have the state legislature and Governor Wes Moore wallop firms that are immersed in technology with a new 3% tech tax, as of July 1 this year. 

The tech tax is piled on top of the fact that Montgomery County already suffers from the highest tax and fee burden in the region. We've seen the results over this century, as companies like Discovery Communications have fled. Only a week ago, Rocket Money announced it was moving its HQ from Silver Spring to Washington, D.C. 

Meanwhile, Northern Virginia has been cleaning our clock, Hoovering up the corporate HQs of Northrop Grumman, Amazon HQ 2, Nestle, Corporate Executive Board, Hilton Hotels, Lidl, Gerber, Lego, Intelsat, CoStar, Volkswagen, Blackboard, and General Dynamics. This is the direct result of decisions made by failed leaders who have no clue about the world of international business circa 2025. Heckuva job, Brownie!

Rocket Money to flee Montgomery County for Washington, D.C.

The latest economic development defeat for Montgomery County is coming to us from one of the hardest-hit places in MoCo's revenue exodus, downtown Silver Spring. Rocket Money, a fintech startup located at 8455 Colesville Road, is nearing a deal to relocate its headquarters to Washington, D.C., according to a report in the Washington Business Journal. The new Rocket Money HQ is expected to be located in a recently-constructed office building at 1701 Rhode Island Avenue NW. Last home to a WeWork location, the building boasts "a unique facade constructed of pre-aged copper shingles, individually hand treated by an artisan in Italy," in the words of its architectural design firm Hickok Cole.

Silver Spring already sustained one of the biggest body blows to the Montgomery County economy in history, when one of the County's few remaining Fortune 500 companies, Discovery Communications, moved its headquarters to dual facilities in New York City and Tennessee. Infamously, Discovery's suitors quietly closed the deal while the Montgomery County Council was debating a ban on circus animals. The ban passed, but so did the opportunity to retain Discovery.

Of course, Rocket Money is not a Fortune 500 company, and has far fewer employees than Discovery. But it is a prominent fintech in the region, with significant future potential. Its parent company, Rocket Companies, has made the Fortune 500 in the past, but is currently off the list at #619 as of June. Montgomery County hasn't attracted a single new major corporate HQ in over a quarter-century.

Once again, Montgomery County's highest-in-the-region tax and fee burden has bitten the County in the [pocketbook]. Another recent and devastating blow is the new Maryland "tech tax," a 3% levy on all IT services in the state that was championed to passage by Governor Wes Moore, before he left for an Italian vacation at the lake villa of George Clooney. Imagine what that tax would add up to annually for a tech firm like Rocket Money! And that's on top of that already biggest tax burden, courtesy of the County Council and Maryland General Assembly. What company in their right mind would not move if they could? Heckuva job, Brownie!

French laser firm chooses Virginia over Maryland for U.S. headquarters

Say it isn't so! Montgomery County and Maryland have lost yet another economic development competition to Arlington County and Virginia. French laser firm Cailabs SAS wanted to move its U.S. headquarters out of Washington, D.C., but remain in the region. It announced yesterday that it had chosen the booming Rosslyn area of Arlington as the destination for the company's U.S. operations. Cailabs will move into 4,200-square-feet of office space at the gleaming Class A office building at 1530 Wilson Boulevard. The company will also add 16 new employees.

Many of Cailabs' employees hold PhDs, and the company has filed over 25 patents. It specializes in the design and manufacturing of advanced laser-light products for the defense, aerospace, telecommunications, and manufacturing industries. The Rosslyn location provides quick access to both Reagan National and Dulles International airports, as well as Metro and I-66. Montgomery County and Maryland could have had direct access to Dulles and I-66, but chose to cancel the new Potomac River crossing to Dulles, and the Northwest Freeway, which would have connected to I-66 in Rosslyn. Doh!

Virginia Governor Glenn Youngkin toasted his victory Wednesday, as Maryland Governor Wes Moore was declared America's "most-disappointing governor" by economist Anirban Basu, and Moore's chief-of-staff jumped ship as the state's fiscal crisis continues to slam up against its moribund economy and high crime. With plummeting poll numbers, Moore could only look on with envy, in the reflection of fellow White House aspirant Youngkin's stunning laser light show across the Potomac.

“Cailabs’ decision to relocate their U.S. headquarters to Virginia shows that the Commonwealth remains the premier location for global tech companies looking to expand their footprint in the Americas,” Youngkin said in a statement yesterday. “Virginia’s exceptional talent, reliable infrastructure, and proximity to key federal and defense partners gives companies like Cailabs a strategic advantage as they continue to innovate and expand. The Commonwealth is proud to support Cailabs’ mission of paving the way to a bright future with the power of lasers.” 

“When Cailabs first decided to open a U.S. office, they chose Washington. Two years later, when they decided to stay in the US, they chose Virginia. That decision speaks volumes,” said Secretary of Commerce and Trade Juan Pablo Segura. “Logistically, economically, and strategically, Virginia remains the ideal location for tech companies looking to push boundaries and build a thriving business.” 

“Arlington cordially says ‘Bienvenue’ to Cailabs on their decision to establish their U.S. headquarters in Rosslyn, at the heart of our nation’s capital region,” Arlington County Board Chair Takis Karantonis said. “By choosing Arlington, Cailabs joins a community where the nation’s best-prepared, innovative and talented workforce meets exceptional quality of life in an open, welcoming and forward-thinking culture. We are excited to add a leading new technology business to the dense fabric of transatlantic partnerships that connect, strengthen and advance economies, people and values. We look forward to seeing Cailabs grow and succeed here in Arlington.” 

“I’m delighted that Cailabs has chosen to relocate its U.S. headquarters to Arlington County,” said Senator Barbara Favola. “Arlington has leveraged the investments made by the Commonwealth to create a 21st century workforce. In addition to proximity to major airports and our nation’s capital, Arlington offers a world class public education system, great transit options, and a park in every neighborhood. I am sure that Cailabs will feel ‘right at home’ in the diverse and caring Arlington community.” 

Rheinmetall chooses Virginia over Maryland for U.S. corporate HQ

Montgomery County and Maryland are experiencing another total humiliation on the economic development front. While both have failed to attract a major new corporate headquarters this century, Fairfax County and Virginia have just beaten them once again in the high-stakes contest for yet another major defense firm HQ. This time it is Rheinmetall, the German defense giant that is experiencing off-the-charts boom times, as it is arguably the biggest winner in Germany's push to rearm and create Europe's largest and strongest military. It is also one of the companies producing the most equipment for Ukraine in its war with Russia. Rheinmetall has just leased 10,000-square feet at Metro Place II at 2600 Park Tower Drive in Merrifield in Fairfax County, where it will not only locate its U.S. hub, but also one of its U.S. subsidiaries, American Rheinmetall Munitions, Inc.

Beyond the lighter tax and regulation burden of Northern Virginia, a look at the 2600 Park Tower Drive site itself tells much of the tale of Montgomery County's loss. Metro Place II sits directly beside the highway interchange of the Capital Beltway and Interstate 66, along both of which Virginia has invested enormously in tolled Express Lanes. The Dunn Loring-Merrifield Metro station is directly across the street from the new Rheinmetall HQ. Just south of the site are US 29 and US 50, as well as the enormously-successful Mosaic District with its retail, restaurants, and movie theater. 

A short drive southeast of the new Rheinmetall HQ in Fairfax is perhaps Montgomery County's biggest and most-humiliating economic development loss to Northern Virginia of this century, the Northrop Grumman headquarters. And zooming out on the map, we find one of the biggest factors that brought both defense firms to Fairfax County: direct access to Dulles International Airport. It's the only airport in the region to boast the variety of essential global business destinations - and the frequency of direct flights to them - demanded by international business executives.

One can only shake one's head, and wonder what could have been, had Montgomery County and Maryland had smarter and more-competent leadership this century. Imagine if we had built the new Potomac River crossing, to give all of our increasingly-empty office parks in the I-270 corridor the same kind of direct access to Dulles that Virginia has. Imagine if we had built the Rockville Freeway through North Bethesda, White Flint, Aspen Hill, and Layhill, connecting I-270 with MD 355 and the InterCounty Connector, and passing directly by the many Executive Boulevard area office parks and Pike & Rose. Imagine if we had made our tax and fee burden more competitive with our rivals in the region, and our leaders had used the time they spend opining on national politics on attracting business to our county and state.

Virginia doesn't have to imagine. It's where economic development dreams regularly come true, thanks to the humiliatingly-weak and bumbling efforts on our side of the river. Montgomery County? It's where business goes to die - or flee to nearby jurisdictions before it does.

"We are proud to welcome Rheinmetall to Merrifield in Fairfax County," Fairfax County Board of Supervisors Chairman Jeffrey C. McKay said in a statement. "Our community is a place where groundbreaking innovation, national security, and global collaboration intersect, and this investment represents a powerful statement about the future of defense and technology in our region. Rheinmetall brings a bold vision and cutting-edge capabilities that align with our community’s commitment to supporting mission-driven industries and advancing solutions that keep our nation secure. We are deeply honored that Rheinmetall has chosen Fairfax County as the hub for their continued growth, as this investment will not only strengthen the strategic national security partnerships that are so vital to global progress, but also the resiliency of our local and regional economies."

"Rheinmetall’s decision to establish significant presence in the Merrifield area of Fairfax County reinforces our position as a premier destination for global defense leaders seeking proximity to federal partners, a deep bench of tech talent, and a collaborative business environment," Fairfax County Economic Development Authority President and CEO Victor Hoskins said. "The opening of our new Washington, D.C., region office spaces underscores our rapid growth and committed investment in Rheinmetall’s U.S. operations," American Rheinmetall Defense CEO Stephen Hedger added.

Loudoun County wins ORBCOMM HQ over Montgomery County

Another economic development loss for Montgomery County and Maryland is in the books. Not surprisingly, the winner in the latest contest for a corporate headquarters is once again Northern Virginia. ORBCOMM, Inc., currently headquartered in New Rochelle, New Jersey, has announced it will locate its global HQ in Sterling, Virginia, in Loudoun County - not Montgomery County, Maryland. The "internet of things" company is focused on products and services that track, monitor, and control industrial assets around the world. It operates its own network of 31 low-Earth-orbit (LEO) satellites. ORBCOMM's clients include Walmart, Caterpillar, Hitachi, Target, Tropicana, Tyson, and Canadian National Railways.

"Virginia is proud to welcome ORBCOMM’s global headquarters to Virginia," Virginia Governor Glenn Youngkin said in a statement. "This decision highlights our commitment to innovation, workforce development, and creating an environment where advanced industries can thrive. We look forward to the economic opportunities and technological leadership ORBCOMM will bring to the Commonwealth."

"As we welcome ORBCOMM's headquarters to Sterling, I wanted to express my sincere gratitude for the significant economic impact this expansion brings to Loudoun County and the Commonwealth," Virginia State Delegate Atoosa R. Reaser said. "The creation of new jobs is a welcome development and will undoubtedly contribute to the prosperity of our community," said Delegate Atoosa R. Reaser.

Montgomery County has failed to attract a single major corporate headquarters in over 25 years. The County, and Maryland as a whole, have forgone massive amounts of potential tax revenue rather than adopt more competitive, business-friendly policies and tax rates. They have also refused to construct a new Potomac River crossing to the Dulles area that has been on the books for decades, which would provide direct access to the only local airport with the frequency of flights and variety of international business destinations that corporate executives demand. Once an economic engine of the Washington, D.C. region, Montgomery County's economy today is moribund, and the County has become a bedroom community for booming job centers elsewhere in the region.

Montgomery County, Maryland leaders embrace their downscale future

The respective moribund economies of Montgomery County and Maryland have experienced the whiplash of rapid downscaling over the first quarter of this century. As Montgomery County fell behind even Prince George's and Culpeper Counties in job creation, dropped off the Forbes 10 Richest Counties list, and saw "Montgomery County's Rodeo Drive" fade into empty storefronts and smashed-out bus shelters, the same cartel candidates kept getting reelected. They've radically recalibrated their messaging for these bleak and desperate times by embracing the lowbrow lifestyles they once condemned. Last week, Maryland Gov. Wes Moore joined them by announcing the only economic development victory of his term so far: the addition of 4000 McDonald's fast food restaurant jobs.

At first, many thought Moore's press conference was a stunt by The Onion. Karine Jean-Pierre might have referred to the livestream video as a "cheapfake." But it was all humiliatingly real. There stood the governor whom the media assured us in 2022 was a Wall Street wizard, and who fundraises for his political campaigns among financial oligarchs in the Hamptons and on Martha's Vineyard, touting burger flipping jobs as if he had won Amazon's HQ2 contest.

One wonders who is advising the governor these days. The Golden Arches press event only underlined what a failure Moore has been so far in attracting high-wage jobs and major corporations to the state. Surely his Rolodex must be bursting with corporate titans. Are they that convinced that Moore is such a poor leader and salesman, that they are unwilling to invest in Maryland, even while they imagine what Moore will do for their investment portfolios and offshore accounts as President of the United States in 2029?

Public reaction to the McDonald's "partnership" was decidedly disastrous. Incredulous, mocking tweets and memes populated social media timelines. Serious observers wondered why a future President of the United States, and current executive of a state, would be holding a press event more suggestive of a small town mayor rolling out a summer jobs program for disadvantaged youth. Mayor McCheese, perhaps.

Moore, who stresses his physical fitness at every Instagram opportunity, joined the Montgomery County Council in embracing a junk food future. As they have managed the decline that they themselves have brought about, the Councilmembers have done a 180 on health and fitness. A Council that once banned trans fats, forced fast food restaurants to post calorie counts, and even tried to adjudicate which products could be sold in vending machines in the county now has to promote a much different lifestyle.

Much like their flip-flop on natural gas - once calling it the clean fuel of the future, but more recently banning gas stoves and furnaces - the key for the Council is holding onto power, not ideological consistency. 

Montgomery County hasn't attracted a major corporate headquarters in over 25 years. It hasn't attracted many high-wage jobs at all, compared to Northern Virginia. Where the economic activity in Montgomery County is these days is a far cry from cutting the ribbon on Amazon HQ2 in Arlington or christening the new Northrop Grumman HQ in Falls Church. In the last few years, the Montgomery County Council has found itself holding giant pairs of shears outside of...mega gas stations and convenience stores.

Having warned voters of our leaders' incompetence for years, and now watching all of my predictions sadly come true...and being a huge fan of McDonald's...and watching the same Council that once raided a Wendy's and condemned the Baconator now spending the taxpayers' dime promoting Slurpees and Sizzli sandwiches, I have to say, "I'm lovin' it!"

A governor and County Council who should be asking questions like, "Where did we go wrong?" "Maybe we should cut taxes and spending instead of raising them?" or "Will you PLEASE move your Fortune 500 company to Montgomery County?" are instead asking, "Do you want fries with that?"