October 21, 2024

Montgomery County Economic Development Corporation Celebrates Economic Development Week in Maryland (Oct. 21-25)

For Immediate Release
October 9, 2024

Contact: 
communications@thinkmoco.com

Montgomery County, Md. – The Montgomery County Economic Development Corporation (MCEDC) is celebrating Montgomery County’s vibrant business ecosystem during this year’s Economic Development Week in Maryland (EDW), Oct. 21-25. County Executive Marc Elrich and members of his executive team, MCEDC President and CEO Bill Tompkins and the MCEDC Economic Development team will visit several companies in Montgomery County this week, highlighting the significant contributions they make to the local economy. Each company will also receive a certificate recognizing their contributions. 

“Economic Development Week gives us a chance to highlight the incredible diversity and strength of Montgomery County’s business community,” Elrich said. “Our businesses—large and small, from life sciences and technology to hospitality—are driving innovation, creating jobs and making significant contributions to our local economy. We’re proud to recognize their efforts and support their continued success. Montgomery County, Maryland, is a place where businesses can grow and thrive, and we’re committed to ensuring that remains true in the years ahead.”

Every year, EDW in Maryland seeks to demonstrate how economic development transforms lives in counties, cities and towns throughout Maryland. An initiative of the Maryland Economic Development Association, the events and activities hosted during the week by statewide and county organizations are designed to increase an understanding of how economic development directly contributes to Maryland’s business climate, job retention and growth, tax base and quality of life.

“Economic Development Week in Maryland is an opportune time to celebrate Montgomery County’s unique and diverse business community and to place a spotlight on how companies create economic opportunities and jobs for our county,” Tompkins said. “They are a direct reflection of why companies choose to locate in Montgomery County, where they have access to extensive resources and opportunities that lead to business success.”

The MCEDC team will visit companies in key industries, including several listed below:

• Oct. 21: Real Estate (In-Rel Properties, CapStar Commercial Realty Group)
• Oct. 21: Technology (ESAB Corporation)
• Oct. 22: Hospitality (Donohoe Hospitality, Key Ingredients Inc., Best Western Premier, PM Hotel Group)
• Oct. 23: Life Sciences (Integrated Pharma Services, VaLogic Bio, Institute for Health Computing)
• Oct. 24: Technology (Optimal Networks Inc.)

During Economic Development Week in Maryland, follow MCEDC’s social platforms—LinkedIn,  X and Facebook—to read about business success stories in Montgomery County.

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ABOUT MONTGOMERY COUNTY ECONOMIC DEVELOPMENT CORPORATION (MCEDC)
Montgomery County Economic Development Corporation (MCEDC) is the official public-private economic development organization representing Montgomery County, Maryland, and is funded by the Montgomery County Government. Created in 2015, MCEDC is led by a Board of Directors of business executives. Its mission is to accelerate business development, attraction, retention and expansion in key industry sectors while advancing equitable and inclusive economic growth.

About Montgomery County Government

Montgomery County, Maryland, is the largest county in the State of Maryland with over 1.1 million residents. Bordering the District of Columbia, and directly across the Potomac River from Northern Virginia, Montgomery County is home to 18 federal agencies including the National Institutes of Health (NIH), the Food & Drug Administration (FDA), the National Institute of Standards and Technology (NIST) as well as the headquarters to over 700 companies. The county offers a unique ecosystem rich in talent, groundbreaking discoveries, and a vibrant community dedicated to sustainability and bold thinking. With 40% of residents speaking a language other than English and a third of the population born outside the U.S., Montgomery County embraces diversity. This inclusive environment fosters a rich tapestry of perspectives, providing an ideal location for businesses to thrive, innovate and flourish.