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EVAPCO Inc., a heat transfer applications manufacturing company, has received approval for its headquarters expansion plan in Toneytown, Md. The company plans to add 45,000 square feet of new office space at 5151 Allendale Lane over the next two years, while also creating 275 new jobs in the area. This marks the second time in the last decade the company is expanding its operations.
Maryland Department of Commerce approved a $1.4 million condition loan through its Advantage Maryland program, along with a $200,000 grant provided through the Partnership for Workforce Quality program. EVAPCO Inc. is also eligible for multiple tax credits, including the More Jobs for Marylanders program and Maryland’s Job Creation Tax Credit.
The company’s global headquarters consists of a 420,706-square-foot facility at 5151 Allendale Lane. With the new jobs EVAPCO Inc. plans to add, its employment will be brought to more than 840 workers in Carroll County.
The 46-acre property allows for easy access to the Central Maryland area, being 43 miles from Townson, Md., 47 miles from Hanover, Md., 48 miles from Baltimore, 49 miles of Baltimore/Washington International Thurgood Marshall Airport and within 62 miles of Dulles International Airport.
Since its founding in 1976, the company grew to its current size, manufacturing products in 23 locations across 10 countries around the globe and with a sales network composed of more than 200 offices.
Recent news in Baltimore’s office markets
Earlier this year, St. John Properties purchased Aviation Business Park, a three-building office campus in Glen Burnie, Md., encompassing more than 120,000 square feet of office space. The new owner plans to reposition one of the buildings, from commercial office to flex/R&D space.
In late 2023, the same company announced its plans to develop Berry Pointe, a 635,000-square-foot mixed-use business campus in Waldorf, Md. The project represents the company’s first development in Charles County, with plans including 550,000 square feet of R&D space, 60,000 square feet of office space and 70,000 square feet of retail.
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