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Business Briefs - July 8

July 08, 2012

Penn National

FAYETTEVILLE, Pa. — The Penn National Golf Course Community is launching a new neighborhood called the Homestead Cottages, featuring three home styles in an Arts and Crafts bungalow style.

Homes range in size from 1,400 to 1,800 square feet. The three home plans available feature a similar exterior design. Homeowners will pay a monthly fee to a maintenance association that takes care of all yard work and snow removal.

The neighborhood also will feature a walking trail and green space, which ties in to future development of the community.

Homes will sell for less than $300,000.

Reservations are being taken now for homes in Phase I of the Homestead Cottages, between Fairway Drive West and Mont Alto Road. Phase I will include 18 single-family homes. They will be constructed by Armstrong Builders, Wenger Construction, Brian L. Hey Builder and Patterson Construction.

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For more information, contact Diane Boock at dianeb@pennhomes.com or 717-352-3046; or go to www.pennhomes.com.


Lowe’s

The Potomac Center is this year’s recipient of the Lowe’s Heroes Project.

The Potomac Center provides the comforts of home to people with intellectual disabilities so they may reach their full potential. Lowe’s will landscape the grounds to provide outside therapeutic space.

Transforming lives one community at a time has been the mission of Lowe’s Heroes since the volunteer program began more than 10 years ago. The program encourages employees to team together, adopt a volunteer project with a local nonprofit organization and make a difference. Lowe’s turned to Volunteer Washington County for help with finding a local nonprofit that the company could assist.

Technical Innovation Center

The Technical Innovation Center at Hagerstown Community College recently announced that its client Ambay Immune Sensors and Controls LLC, or AISC, was named as a finalist for the 2012 Incubator Company of the Year Award in the life science category.

AISC, a biotechnology firm, is developing an immune sensor for the early detection of breast cancer and its recurrence in the blood. The immune sensor will detect changes and alterations in the immunobiochemical signals in different immune components that are distinctly different from those in healthy immune systems. In addition to research, the firm markets kits to laboratories for flow cytometry use, and provides technical guidance and contract research services.


M&T Charitable Foundation

BALTIMORE — The M&T Charitable Foundation recently donated $500,000 to the capital campaign for the new Shock Trauma Critical Care Tower at University of Maryland Medical Center’s R Adams Cowley Shock Trauma Center.

The new tower, a $160 million, nine-floor trauma/critical-care facility, is on track to open in 2013. 

The R Adams Cowley Shock Trauma Center at the University of Maryland Medical Center was the first fully integrated trauma center in the world, and remains the epicenter for trauma research, patient care and teaching, nationally and internationally. It is where the “golden hour” concept of trauma was born, where many of the lifesaving practices in modern trauma medicine were pioneered, and is the heart of Maryland’s emergency medical services system.

The current shock trauma center, which opened in 1989, serves more than 8,500 trauma and critical-care patients each year, although it was originally designed to care for 3,500 people a year. The new 140,000-square-foot building at the corner of Penn and Lombard streets will house 10 operating rooms, and 64 new and replacement critical-care beds. The new addition will be connected to the existing R Adams Cowley Shock Trauma Center and the Harry & Jeanette Weinberg Building. It will also provide the fourth landing pad on the roof for Medevac and Maryland ExpressCare helicopters, will boost the capacity of the medical center’s adult and pediatric emergency departments, and provide additional beds for intensive-care patients.


MVB Bank Inc.

FAIRMONT, W.Va. — Bauer Financial Inc., the nation’s leading bank rating and research firm, recently recognized MVB Bank Inc. as a 5-Star Superior bank, indicating that MVB Bank is among the strongest banks in the nation.

To earn the rating, a bank must excel in capital quality, asset quality, profitability and more. MVB Bank has earned the superior rating for the last five quarters and a recommended rating — four or five stars — for 45 consecutive quarters.

Bauer Financial Inc., of Coral Gables, Fla., has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays Bauer Financial to rate it, nor can any choose to be excluded.

MVB Bank Inc., a wholly owned subsidiary of MVB Financial Corp., offers online banking and branches in Berkeley and Jefferson counties in West Virginia.

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