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Business Journal PO Box 510 Salisbury, MD 21803-0510
The Regional Chamber Newsletter
Vol. 12 No. 11
Dedicated to the Principles of Free Enterprise
June 2009
Economic Update June 30
Mid-year report will look at banking, health care and costs
Apprentice
Dr. Randal Pinkett was the keynote speaker at the 2009 spring commencement ceremony at UMES. Page 32
spotlight
Oceanside Underwriters LTD may be a new name to many, but it actually has long standing roots on our community.
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first job Russell Winters and his brother honed their entrepreneurial spirits while still in high school.
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strategy
Developing a strategic plan is the most important step for prospering, even when the market conditions aren’t on your side.
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As promised, the Salisbury Area Chamber of Commerce Economic Forecast Committee is offering an Economic Update on Tuesday, June 30, at Salisbury University from 8 a.m. to noon. During January’s 21st Annual Economic Forecast, a commitment was made to provide an update in six months to the projections of the speakers.
With the economy in trouble, several people voiced a heightened interest in all things economic. The Economic Forecast Committee has planned this program with the assistance and sponsorship of Jon Sherwell of M&T Bank. The presentations will include: • A review of the status of the Delmarva Peninsula economy. • Update on the health of banking and financial institutions in our area.
• The challenges of expanding health insurance coverage while lowering the costs. • Strategies for lowering operating costs and expanding income. This Economic Update costs $25 and will include a continental breakfast. To reserve a spot, contact the Chamber at chamber@salisburyarea. com or 410-749-0144.
Community Foundation receives Salisbury Award The Salisbury Award, the community’s first and most prestigious civic award, was presented to the Community Foundation of the Eastern Shore at the Foundation’s 25th Anniversary Jubilee celebration on May 8 at the Fountains Conference Center. The Salisbury Award was established in 1926 by local businessman G. William Phillips for the purpose of recognizing, “service that has been the greatest benefit to the happiness, prosperity, intellectual achievement or moral growth of the community.” The award may be given to an individual or an organization in the greater Salisbury region for a specific achievement or a body of work over time. This year the trustees of the Salisbury Award voted unanimously to recognize the Community Foundation as the 2009 recipient. Stephanie Willie, a trustee of the Continued to page 34
Community Foundation of the Eastern Shore President Spicer Bell accepts the 2009 Salisbury Award from Stephanie Willey, a Salisbury Award trustee.
Salisbury Area Chamber of Commerce Patrons
www.salisburyarea.com