Family-owned business sells after 75 years
Baltimore Business Journal
The Baltimore region's source for local business news & events. Part of the American City Business Journals network.
Happy Friday, readers.
If you're wondering why the Baltimore Business Journal website and print paper look a little different this week, it's because they do.
Our incredible designers have overhauled the aesthetics. Here's our Editor-in-Chief Joanna Sullivan and Publisher Courtney Bode laying out all you need to know about the sleeker BBJ.
This week, we'll begin with news of another local mainstay selling to new owners.
Let's dive in.
Baltimore family-owned business sells after 75 years
Monumental Supply Company, a Brewers Hill outfit that sells pipes, valves and other products for commercial buildings, has sold to a company backed by private equity. The company is finally ready to grow again after a failed westward expansion maxed out the company’s line of credit, but the family opted to let others handle the growth. | More about the sale
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Baltimore Peninsula lures two more retail tenants
A Tex-Mex restaurant and karaoke bar will join the lineup of spots opening in Baltimore Peninsula, the South Baltimore development formerly known as Port Covington. The pair signed leases for space in Baltimore Peninsula’s Rye Street Market. | Learn about the new signees
Restaurants prep for Cross Keys debuts
Ice cream, Chinese food, an Italian market, you name it. The evolving Village of Cross Keys will have plenty of dining options. Our Melody Simmons has a progress report on the food lineup.
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Private school starts $18M expansion project
The St. Paul's School for Girls broke ground this week on an $18 million, 25,000-square-foot project to add eight new science labs and makerspaces, a computer science center with virtual reality technology, a wellness studio and more. | Check out the plans
Cycling cancelled, soccer inbound
Two big announcements came down this week in the Baltimore international sporting scene. We've got the scoop on both.
Now for a look at this week's cover story.
How a tiny food company got from 'Shark Tank' to grocery store shelves
Baltimore-based Meat the Mushroom sold $60,000 worth of mushroom bacon in just 12 hours after going on ABC's Shark Tank. They're shipping their vegan bacon all across the country to customers and 100 grocery stores.
Our Matt Hooke dug into how Meat the Mushroom and other tiny food startups are able to put their products on shelves across the country. | The story
Questions or comments about this newsletter? Reach out to BBJ Digital Producer Joe Ilardi at [email protected].