EVAPCO Expands Taneytown, Maryland, Production Operations
03/01/2024
The investment will include an additional 45,000 square feet of office space at the company’s existing headquarters.
“EVAPCO had several options when considering where to expand. Fortunately, the state of Maryland in conjunction with Carroll County Economic Development provided programs such as Advantage Maryland and More Jobs for Marylanders, which led to our decision to expand in Taneytown,” said Senior Vice President of Global Operations Bill Jones. “As more companies are investing outside of the U.S., EVAPCO is proud to make this investment here in Maryland, especially in Carroll County.”
The project is being supported by a $1.4 million conditional loan through Advantage Maryland, approved by the Maryland Department of Commerce. Additionally, the state is providing a $200,000 grant through the Partnership for Workforce Quality program. The company is also eligible for various tax credits, including the More Jobs for Marylanders program and the state's Job Creation Tax Credit.
“This a win-win-win for Maryland, Carroll County, and, of course, EVAPCO,” noted Maryland Department of Commerce Secretary Kevin Anderson. “We’re proud that a strong, innovative company like EVAPCO has made its home in Maryland, and we look forward to continued growth and partnership in the future. We thank them for investing in Maryland once again.”
EVAPCO, Inc. is a manufacturing company with global resources and solutions for worldwide heat transfer applications. Products are engineered and manufactured in 36 locations in 14 countries and supplied through a sales network of more than 200 offices. Markets served include: Commercial HVAC, Industrial Process, Power, and Industrial Refrigeration.
“Carroll County is proud to celebrate the continued expansion of EVAPCO’s world headquarters in Taneytown,” added Carroll County Department of Economic Development Director Denise Beaver. “As one of Carroll County’s largest manufacturers, EVAPCO’s local community and global impact is truly remarkable.”
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