STATE, HARFORD COUNTY OFFICIALS ANNOUNCE SPECIALTY TIN MANUFACTURER PLANS UPGRADE OF HEADQUARTERS
BALTIMORE, MD (February 20, 2014) – Governor Martin O’Malley joined today with Harford County Economic Development to announce that the State has approved a $535,000 conditional loan to the Independent Can Company in Belcamp. The loan comes from the Maryland Department of Business and Economic Development’s Economic Development Assistance Authority and Fund (MEDAAF) to assist the company with facility upgrades and new equipment for its headquarters and manufacturing plant. As part of the upgrade, the company plans to add an additional 25 employees by December 2018, and retain its existing workforce of 221 employees.
“By working with our partners in Harford County as well the leadership of Independent Can, we are preserving 221 jobs, creating 25 new jobs and ensuring that this company will continue to grow and invest in Maryland,” said Governor O’Malley. “Our most important priority continues to be creating and retaining the kinds of highly-skilled jobs that will help sustain Maryland’s economy for today and for decades to come.”
“Independent Can is an outstanding member of Harford County’s manufacturing community,” said Jim Richardson, Director of Harford County’s Office of Economic Development. “Their strong management team has withstood the challenge from international competitors and through innovation, capital and human resource investments has expanded the company.”
“We believe that manufacturing can not only survive, but thrive in the United States, and the support from Harford County and the State of Maryland will help us remain competitive globally,” said Bob McClelland, Executive Vice President of Independent Can Company. “Our on-going investments in state-of-the-art technologies provide continuing opportunities and a genuine need for individuals with all levels of technical training.”
Independent Can Company is known as a world leader in producing specialty tin cans and metal lithography. Founded in 1929, the family-owned business started in Baltimore City during the beginning of the Great Depression. In 1985, the Can Company moved from Baltimore to a 17-acre property in Belcamp, where it has a 370,000 square-foot facility. The company celebrates its 85th anniversary this year.