The Donohoe Companies Relocates Corporate Offices To Bethesda, Maryland
“Our continued growth and success has paved the way for expansion into larger, new, vibrant offices in Montgomery County’s urban core – Bethesda,” said Chris Bruch, President/COO of The Donohoe Companies. “With this move we are proud to plant roots in Bethesda, a thriving business district, as well as maintain a significant presence in the District where the business began in 1884.”
“The Donohoe Companies has been a great corporate citizen in the region for more than 130 years and we are very excited they will soon be making Maryland their home,” said Governor Larry Hogan. “Job creation and economic prosperity are our primary focus in Maryland, and welcoming The Donohoe Companies to our state is a shining example of the progress we are making.”
Maryland Commerce Secretary Mike Gill said, “The company’s new headquarters location in Bethesda offers a strategic location where they can serve their many customers in the region, and we are pleased to be able to work with our partners in Montgomery County to support this important project.”
To assist with project costs, the Maryland Department of Commerce approved a $500,000 conditional loan through its Maryland Economic Development Assistance Authority and Fund based on committed job creation and capital expenditures. The company is also eligible for a number of state and local tax credits. Additionally, Montgomery County approved a $100,000 grant convertible to a loan under the same terms as the state’s funding.
The Donohoe Companies, Inc. encompasses five companies with more than 1,400 employees: Donohoe Construction Company, Donohoe Real Estate Services, Donohoe Hospitality Services, Donohoe Development Company and Complete Building Services, which will remain headquartered in the District of Columbia.
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