V-T Industries Investing $11M to Expand in Hagerstown, Maryland
09/21/2010
"Hagerstown's proximity to our expanding market is a perfect fit for V-T Industries and we are looking forward to the opening of this facility," said Doug Clausen, president and CEO of V-T Industries.
The Maryland Department of Business and Economic Development (DBED) has offered V-T a $150,000 conditional loan, and has also extended the company a $10 million private activity bond to assist with the purchase and renovations of their new Hagerstown facility and equipment costs. The Washington County Board of County Commissioners has approved a $112,500 conditional loan for the project. And the project has been approved to participate in the county's Fast Track Construction Program, which will expedite the review and approval process for any upgrades needed to the facility.
V-T has headquarters in Holstein, Iowa, and major clients include Home Depot and Lowes.
Project Announcements
Northland Corporation Expands Greenville, Michigan, Operations
08/29/2024
Swedish Match Expands Daviess County, Kentucky, Operations
08/29/2024
Ardent Mills Expands Commerce City, Colorado, Production Operations
08/29/2024
Paul Mueller Company Expands Springfield, Missouri, Manufacturing Operations
08/29/2024
Nashville Wire Products Expands McEwen, Tennessee, Operations
08/28/2024
Crusoe Energy Systems Plans Tulsa, Oklahoma, Manufacturing Operations
08/27/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Semiconductors’ fragile relationship with water may be tested
Q3 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024