Business briefs 8/31

August 31, 2003

CertainTeed Corp.

Employees of CertainTeed Corp.'s Hagerstown siding plant are celebrating 1 million hours without a lost-time accident.

A lost-time accident is considered to be any workplace injury that prevents a worker from coming to work for a scheduled shift.

Hagerstown utilizes the DuPont Safety Training Observation Program to ensure workplace safety. The STOP program teaches workplace safety auditing skills for observing people while they work, reinforcing safe work practices and correcting unsafe acts and conditions.

The Hagerstown facility manufactures vinyl siding products and lineals which are used in the manufacturing of CertainTeed vinyl windows. In operation since 1971, the plant now has 378 full-time employees.


Merry Maids

Merry Maids is under new ownership in Hagerstown.

Scott and Debbie Hoffman are the new owners of the local office of the home cleaning business.

Fulton Financial Corp.

LANCASTER, Pa. - Fulton Financial Corp., based in Lancaster, has signed a definitive agreement to acquire Resource Bankshares Corp., based in Virginia Beach, Va.

Fulton Financial will acquire all issued and outstanding shares of common stock of Resources Bankshares. The transaction is valued at approximately $195.6 million.

The acquisition is subject to approval by bank regulatory authorities and Resource Bankshares' shareholders. It is expected to close during the first quarter of 2004.

Resource Bankshares Corp., with approximately $860 million in assets, operates six community banking offices in Virginia and 14 loan production and residential mortgage offices in Virginia, North Carolina, Maryland and Florida.

Edward Jones

J. Greg Garner, Dave Walker, Joan Bowers and John Pullaro, the Edward Jones investment representatives in Hagerstown and Smithsburg, will host a free program on tax relief on Tuesday, Sept. 9, at 11:30 a.m. and 6:30 p.m.

During the one-hour event, investors will learn simple steps they can take this year to receive the full benefits of tax relief. Edward Jones experts also will discuss what tax relief is likely to mean for the financial markets and why now may be a good time to sell appreciated stock.

The interactive event is presented at Edward Jones branch offices nationwide via the firm's private video network.

To reserve a seat or for more information about the program, call Garner at 301-733-9465, Walker at 301-766-7300, Bowers at 240-420-8514 or Pullaro at 301-824-7726.

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