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Baltimore Aircoil awarded Grant from the State

Baltimore Aircoil awarded Grant from the State

Baltimore Aircoil Company is pleased to announce the expansion of the Milford, Delaware plant with help from the state. The Delaware Economic Development Office (DEDO) awarded BAC a performance-based grant for $166,000 to assist in expanding manufacturing operations. The investment will create 83 new jobs over two years. BAC also plans to make a capital investment of $1.3 million in the Milford facility to include office renovations, a new truck entrance, expanded parking, expanded finished product storage yard and new equipment.

Governor Jack Markell and DEDO Director Alan Levin joined Plant Manager Greg Lowman to make the announcement today in Milford. “Even in the midst of historic challenges in our economy, my administration continues to support Delaware’s existing companies grow and expand” said Governor Jack Markell. “By investing in successful businesses like BAC, we are supporting the health and vitality of our local communities, as well as creating jobs now and for our future.”

“BAC is excited about its expansion in Milford and the new opportunities it brings to our business, our employees and their families, and the community,” said Greg Lowman, BAC Milford plant manager. “We greatly appreciate the assistance provided by the state of Delaware, and the support given by the Governor and legislature. We look forward to many years of continued growth and success here in Milford.”

Baltimore Aircoil Company has a proven record of maintaining its commitment to the state of Delaware. BAC was awarded grants in 2002 and 2003 for retention and expansion efforts, respectively. Together, the investments totaled $410,000.