2021 | Business

Business Notes: Three Montgomery County companies named to Forbes’ best startup employers list

Plus: Suburban Hospital names new president and COO

Cloudbolt, a cloud management startup in Rockville, was one of three Montgomery County companies named to Forbes' best startups of 2021 list.

Cloudbolt logo from Twitter

Three Montgomery County companies named to Forbes’ best startup employers of 2021 list

Forbes has named three Montgomery County-based companies to its list of best startup employers of 2021.

Cloudbolt, a cloud management platform headquartered in Rockville, was on the list.

Cloudbolt started in 2012 and provides services such as cost and security optimization, codeless integration, and automation and self-service, according to the website.

The medical cannabis company Holistic Industries, based in Potomac, also made Forbes’ list.

Holistic Industries produces cannabis that is sold in stores across the country, according to its website.

Gaithersburg-based Xometry, a manufacturing company, also made the list.

Xometry offers supplies and services that include machining services, 3D printing and injection molding.

This was the second year Forbes released its rankings of startup companies best liked by their employees. Forbes evaluated 2,500 American businesses with at least 50 employees based on the criteria of company reputation, employee satisfaction and growth.

New president and COO to take over at Suburban Hospital next month

Jessica Melton will take over as the new president and chief operating officer of Suburban Hospital on April 15, Johns Hopkins Medicine announced last week.

Melton will be in charge of the hospital’s inpatient and ambulatory services, in addition to developing “high quality, cost-effective and integrated clinical programs throughout the region,” according to a press release.

Additionally, she will lead the hospital’s quality and safety programs, and financial initiatives.

“Suburban Hospital has an amazing team of physicians and staff members, and an outstanding reputation for delivering some of the most advanced and compassionate patient care to its community,” Melton said in the press release. “I look forward to rolling up my sleeves and getting to work at this exciting time in the hospital’s strategic regional growth.”

Melton was previously the COO at Sentara Norfolk General Hospital in Norfolk, Va., and has had multiple leadership roles at Duke University Hospital in Durham, N.C.

Suburban’s former president, Jacky Schultz, retired in October and was replaced by LeighAnn Sidone, who took over as interim president, The Washington Business Journal reported.

Bozzuto, HOC finish construction financing for development near Shady Grove Metro

Greenbelt developer Bozzuto and Montgomery County’s Housing Opportunities Commission (HOC) announced this month that they have closed on construction financing for the Hurston, a future mixed-use development near the Shady Grove Metro station.

The Hurston will be a seven-story mixed-use and mixed-income apartment building, according to a press release.

It will include:
• 21,000 square feet of street-level retail
• 7,400 square feet of office space
• 268 apartments.

Of the apartments, 81 are considered affordable housing units, according to the press release.

The Hurston will have a swimming pool, indoor and outdoor fire pits, and a children’s play area.

The Hurston is a component of Westside, a master-planned community that is a public-private partnership between the county and developer EYA, according to the press release. EYA, Bozzuto and HOC have partnered on the Hurston.

Parent company of Westfield Montgomery mall selling American holdings

Unibail-Rodamco-Westfield (URW) announced last week that it plans to sell its major properties in the United States, the Los Angeles Business Journal reported.

URW operates a number of malls throughout the country, including two in Montgomery County — Westfield Montgomery mall in Bethesda and Westfield Wheaton.

Christina Mendez, a spokeswoman for URW, wrote in an email to Bethesda Beat on Wednesday that the company couldn’t comment, in response to questions about the future of the mall, referring a reporter to a report on the company’s financial situation at the end of 2020.

Two future restaurants, Frank Pepe Pizzeria Napoletana and Peking Duck, were announced as future tenants at Montgomery mall in the three months before the COVID-19 pandemic started in March 2020. It is not clear what the fate of the restaurants will be.

Mendez wrote that she had no updates on either restaurant. Someone who answered the phone at Frank Pepe’s headquarters in Connecticut on Wednesday asked a reporter to send questions to a general email address. No response to the email had been received as of Wednesday evening.

Medical studio specializing in regenerative medicine opening in Gaithersburg

Revive, a studio specializing in regenerative medicine and offering other medical services, is opening on Friday in Gaithersburg’s Rio retail development, according to the website.

Regenerative medicine is the process of regrowing or replacing cells, organs or tissue that has been damaged. Revive offers services that include hormone therapy, stem-cell therapy, IV therapy and vitamins, ozone therapy, cryotherapy and cosmetics such as Botox and filler.

Revive will be at 26-A Grand Corner Ave., and will be open every day except Wednesday from 10 a.m. to 6 p.m., according to the website.

Dan Schere can be reached at daniel.schere@bethesdamagazine.com