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Wednesday, August 20, 2014
Coastal Companies Breaks Ground On Maryland Headquarters
The Coastal Companies, a leading regional produce and dairy supplier, broke ground Monday on its new corporate headquarters in Laurel, Maryland. The company plans to complete its 240,000 square-foot facility by 2016 and to create 400 new jobs by 2018, Secretary Dominick Murray of the Maryland Department of Business and Economic Development (DBED) announced.
The new facility will house several company divisions—including Coastal Sunbelt Produce,East Coast Fresh, Cold Chain Logistics, Cold Chain Imports and The Coastal Companies Foundation—and will be located just three miles from the company’s current facility in Savage. The Coastal Companies’ decision to expand in Maryland was the direct result of State and county assistance. DBED approved a $1 million conditional loan with the requirement that the company retain jobs in Maryland. Howard County also provided $150,000 in property tax credits and expedited the review of applications and permits through its Fast Track Development Process.
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4 comments:
Fast Track Development Process is a new one to me must be paying off enviromental entities somehow because of them nothing gets fast tracked here.
Will he still stand proudly in front of his health exchange? Hmmmm. The voting publis will be oblivious, again, come November. He knows he has it in the bag.
chase out the evil gun manufacturers and bring in gubmint subsidized tree hugger environazis.
just follow the money.
how many lib politicians are putting cash in their pockets?
5:02 you stole my thunder.
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