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Area Development - Site Selection, Facility Planning and Workforce Development

M&M Carnot Expands Federalsburg, Maryland, Operations

12/02/2022
M&M Carnot, a natural refrigerant company in the Americas, is expanding its operations in Federalsburg, Maryland. The project is expected to create 100 jobs in Caroline County.

The company is leasing an existing 25,000 square-foot space next to its current facility which will allow M&M Carnot to continue expanding to meet the growing need for sustainable products, as well as the increased demand for food refrigeration as experienced during the pandemic.

“We are excited to expand our natural refrigeration business in Federalsburg,” said David Sholtis, CEO of M&M Carnot. “With the hard-working people of Caroline County, we can continue to meet the rapidly growing needs of our customers for natural refrigeration solutions. On behalf of everyone at M&M Carnot and our private equity partner Source Capital LLC, I want to thank the Caroline County community as well as state and local officials in Maryland for supporting us and helping to make this expansion a success. We especially want to thank our employees at the facility for continuing to do a great job for our customers every day making the highest quality natural industrial refrigeration equipment.”

To assist with the expansion, the company is eligible to apply for several state programs and incentives, including More Jobs for Marylanders; Partnership for Workforce Quality; the Job Creation Tax Credit; and others.

“While Maryland’s advanced manufacturing sector continues to grow, so does our tech-savvy and highly-skilled workforce,” noted Maryland Commerce Secretary Mike Gill. “M&M Carnot’s investment in our state is the perfect example of these assets working together to create great things in the Mid Atlantic. We look forward to watching the company continue expanding in the years to come.”

Formed in 1969 and previously known as M&M Refrigeration, M&M Carnot focuses on natural refrigerants and “green refrigeration” that have little impact on ozone or global warming. Its systems are used across several industries and are implemented in cold storage, food processing, ice rinks, and supermarkets.

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