EVAPCO, Inc., a global designer and manufacturer of evaporative cooling and industrial refrigeration products, is expanding its Taneytown operations for the second time in a decade. The Carroll County manufacturer will add 45,000 square feet of office space to its headquarters over the next two years. EVAPCO plans to create 275 new jobs in Taneytown, bringing its employment to more than 840 workers in the county.
To assist with project costs, the Maryland Department of Commerce has approved a $1.4 million conditional loan through Advantage Maryland. The state is also 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.
Since its founding in 1976, EVAPCO has become an industry leader in the engineering and manufacturing of quality heat transfer products around the world. The company has been recognized for its environmentally-friendly innovations in energy efficiency, sound reduction, and water management. EVAPCO products are manufactured in 23 locations in 10 countries around the world and supplied through a sales network of more than 200 offices.
“This a win-win-win for Maryland, Carroll County, and, of course, EVAPCO,” said 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.”
