Thoughts on Business in Baltimore City: A Local Businesses Perspective
In this episode of The Point, Duane interviews Jay Steinmetz, CEO of Barcoding, Inc. Jay describes two important talking points when discussing how to improve Baltimore City’s economic situation, beginning with the complications that come with high property taxes.
In 1998, Jay Steinmetz founded the company known today as Barcoding, Inc. in his apartment in Baltimore. Barcoding became an Inc. 500 company in 2004 and was recognized by Forbes magazine as one of 10 Privately Held Technology Companies to Watch. Today, Barcoding is the leader in supply chain efficiency, accuracy and connectivity, with headquarters in Baltimore, Maryland, and offices across North America in Chicago, Houston, Seattle, Montreal, Toronto and Vancouver.
A graduate from of the prestigious Berger Entrepreneurship Program at the University of Arizona, Steinmetz began his career at FMC Corporation, where he designed, developed and installed multiple equipment tracking systems before going to work for, and obtaining an equity interest in, AccuScan. After the acquisition of AccuScan by Peak Technologies, Steinmetz became the product manager for a line of data collection software products before overseeing the design and development of RF/Batch application programs.
Steinmetz chaired the State of Maryland Technology Development Corporation (TEDCO) for two years before stepping down to focus on his appointment to Governor Martin O’Malley’s Commission on Small Business. Later, Steinmetz was nominated to serve on Governor Larry Hogan’s Regulatory Reform Commission. Steinmetz has sat on the boards of Port Discovery, Best Buddies and the Associated Career Services organization. Currently, Steinmetz serves as a board member of LifeBridge Health Sinai Hospital, Maryland Business for Responsive Government, Baltimore Efficiency and Economy Foundation and the University of Baltimore Merrick School of Business. Steinmetz has been named a “Most Admired CEO” by The Maryland Daily Record, a Top 40 Business Leader Under 40 by the Baltimore Business Journal and Entrepreneur of the Year for the State of Maryland in Technology from Ernst & Young.