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Business Journal PO Box 510 Salisbury, MD 21803-0510
The Regional Chamber Newsletter
Vol. 15 No. 6 Dedicated to the Principles of Free Enterprise January 2012
Economic Forecast 2012
What opportunities await businesses this year? Summit
The importance of the poultry industry on Delmarva is the focus of a summit at Salisbury University. 14
Connect Thanks to the 50 vendors in attendance, ‘Get Connected’ was a great success, providing valuable networking opportunities. 16
Foundation The Community Foundation of the Eastern Shore presented schools and educators with $57,000 in grants. 20
The 2012 Economic Forecast will be presented on Thursday, January 19, in the new Perdue Hall on the Salisbury University campus. The 24th annual regional presentation on the expected economic conditions for 2012 is organized by the Salisbury Area Chamber of Commerce, Tri-County Council for the Lower Eastern Shore of Maryland, the University of Maryland Eastern Shore, Wor-Wic Community College, Salisbury University’s Franklin P. Perdue School of Business, the Eastern Region Small Business Development Center, and B.E.A.C.O.N., the Business Economic and Community Outreach Network. The program begins at 7:30 a.m. with registration, continental breakfast & networking in the lobby of Salisbury University’s newest building, Perdue Hall, the home of the Franklin P. Perdue School of Business.
The program begins at 8 a.m. with a presentation on the national economy by J. Michael Scarborough, President and CEO of The Scarborough Group, Inc. He earned his M.B.A. in finance from Baldwin-Wallace College and his Bachelor of Science degree in finance from then Salisbury State University. He has taught personal finance and economics courses at Johns Hopkins University and Salisbury University. Mike travels the country giving educational seminars about their 401(k) plans to clients and employees of Fortune 500 companies. He is also a frequent speaker on the topic at industry conferences and on CNBC. His comments have appeared in numerous national publications, including Business Week, Financial Planning Magazine, Kiplinger’s Personal Finance Magazine, Money Magazine, Pensions & Investments, The Chicago Tribune, USA
The cost of the Economic Forecast program is $50 for members of the Salisbury Area Chamber of Commerce or other area Chambers of Commerce plus $15 if you wish to stay for lunch. Non-members are welcome to attend at a cost of $75. The Speakers reception is $50. To sign up call 410-749-0144 or email your request to chamber@ Salisburyarea.com Today, The Wall Street Journal, The Washington Post and the Los Angeles Times. His Scarborough Group, Inc. is a pioneer in the 401(k) advice industry. It offers education, advice, and allocation management to help people maximize the value of their retirement plans. The Continued to page 12
INSIDE
Ad Directory................................... 6 Executive Director......................... 3 Barometer...................................... 7 Bus After Hours.....................21, 22 Business Directory.................28-29 Calendar........................................ 5 Coaching..................................... 19 Education.................................... 26 Health.......................................... 24 Human Resources....................... 11 Insights........................................ 17 Investing...................................... 13 Member Renewals........................ 9 Member Spotlight.......................... 9 Networking Tip ............................ 3 New Members............................... 8 Salisbury University..................... 27 Workforce Development.............. 13
BEAUTIFICATION PROJECT GETS BOOST - Stakeholders recently gathered to accept a $5,000 check from the Community Foundation of the Eastern Shore Dick and Betty Wootten Fund toward a garden project at the Wicomico Nursing Home. From left: Donna Griffith, director, Salisbury Area Chamber of Commerce Foundation; Spicer Bell, president, Community Foundation; John Sapp, Chamber Beautification Committee member; Betty Wootten, fund representative, Dick and Betty Wootten Fund; Loudell Insley, Chamber Beautification Committee member; Mary Schwartz, Director, Wicomico Nursing Home; Candace Hiatt, Chamber Beautification Committee member; and John Broyhill, Chamber past president (1966-1967); and Ron Basumallik, an Eagle Scout candidate partnering with the committee on this project. Story on page 4.