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Mid Atlantic BX shutting down

March 9, 2015//

Mid Atlantic BX shutting down

March 9, 2015//

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In a news release announcing the decision to shut down, the organization said it was the direct result of “rapidly changing economic and market conditions that have continued to diminish the usefulness of MABX’s core project information service.”

“We are truly saddened by this turn of events,” said Chad Harvey, executive director. “We did everything possible over the past several years to make this a viable organization.”

MABX, which got its start in 1938, will hold one final gathering of its members, partners and guests March 19 with its annual Celebration of Excellence event. 

The move will affect 13 employees, said Meg Tinkham, an association spokeswoman. MABX has about 600 members.