Capital Lighting and Supply Expands Prince George’s County, Maryland, Headquarters
The company, a wholly-owned subsidiary of the French company, Sonepar, will construct a new 362,880 square-foot build-to-suit warehouse and office facility at 8711 Westphalia Road in Upper Marlboro.
“We moved our headquarters from Alexandria, Virginia to Prince George’s County, Maryland in 2008 and never looked back. The expansion of our home is a testament to our commitment to the county and state,” said Andrew Esce, president of Capital Electric. “We’re excited to partner with the Maryland Department of Commerce and Prince George’s County to expand our opportunities to grow. The state-of-the-art facility will enable Capital Electric to offer a wider breadth of products, create efficiencies that will help us better meet the needs of our customers in the region, and create new job opportunities in Prince George’s County.”
To assist with costs related to the development project, the Maryland Department of Commerce has approved a $250,000 conditional loan through Advantage Maryland, formerly the Maryland Economic Development Assistance Authority and Fund (MEDAAF), contingent on job creation and capital investment. Prince George’s County has also approved an additional $250,000 conditional loan to assist with the project.
“The expansion of Capital Electric is a growth opportunity that will not only benefit the company, but also the state of Maryland and Prince George’s County through job creation and regional capital investment possibilities,” said Maryland Commerce Secretary Kelly M. Schulz. “We are excited to see the outcomes of this project and its benefits for everyone involved.”
“Prince George’s County welcomed Capital Electric when it relocated to Upper Marlboro in 2008 with 131 employees providing a growth oriented, customer focused business model and a loyal customer base,” said David Iannucci, president and CEO of the Prince George’s County Economic Development Corporation. “Today, with more than 230 full time employees, we are proud of the role that Prince George’s played in facilitating the relocation and expansion of Capital Electric’s headquarters and warehouse as it continues to bring on 21st century state-of-the-art technology to their operations.”
Supply Chain Bottlenecks Creating New “Logistical Hotspots”
2020 Top States for Doing Business Showcase Their Pro-Business Environments
Latest Trends in the Industrial Real Estate Sector Here to Stay
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Challenges Facing the Auto Industry Post-Pandemic
2021 Auto/Aero Site Guide
35th Annual Corporate Survey: Effects of Global Pandemic Reflected in Executives’ Site and Facility Plans