Bring Jobs to Milford
Create 125 Positions
Baltimore Aircoil Company broke ground for a 50,000 square foot expansion of its Milford plant that will create 125 manufacturing jobs on Wednesday, Aug. 6, 2003.
"This is a great day for Delaware and my hometown of Milford," said Delaware Gov. Ruth Ann Minner, who attended the ground-breaking with BAC officials and employees.
"In today's economic climate, new, well-paying manufacturing jobs are at the top of every state's wish list. Baltimore Aircoil's decision to expand here says a lot about Delaware's value as a business destination."
BAC, headquartered in Baltimore, Md., specializes in refrigeration, air conditioning, industrial, process, and power generation cooling. The expansion will consolidate all of the company's East Coast manufacturing operations to the Milford plant. Construction is slated for completion in November 2003. BAC expects to begin hiring additional welders, assemblers, and machine operators in December 2003.
The total project investment is $2.3 million.
"We currently have a great team of committed, open minded and productive employees in Milford, and the decision to expand here was influenced by the skilled labor in the local area," said Rick Green, manager of BAC's Milford plant. "Milford is also a wonderful place to work, live, and raise a family."
BAC was considering both Milford and Baltimore for the expansion. An incentive package provided through the Delaware Economic Development Office (DEDO) helped win the expansion project.
"This is an excellent investment for the state," DEDO Director Judy McKinney-Cherry said. "Not only have we brought a significant number of new jobs to our residents, but we've also secured a key role in the growth of a globally successful manufacturing company."
DEDO has offered BAC a Strategic Fund grant of $2,500 per job for up to 125 jobs. Strategic fund grants are performance-based and designed to recapture the funds through income tax revenues within three years.
The Kent County Levy Court is expected to vote next week on a recommendation from its Strategic Development Fund Advisory Council to contribute $72,500 to the company.
Milford Mayor Joseph Rogers said Baltimore Aircoil has been, and will continue to be, a tremendous asset to Milford.
"We're very pleased that they decided to update the workforce by 125 jobs," Rogers said. "To see them continue to grow will be wonderful for our economy."
BAC's Milford plant, which opened in 1974, currently employs approximately 230 people and covers 128,000 square feet. The Milford expansion is part of BAC's global growth initiative, which also includes plant expansions in Paxton, Ill.; Belgium; and Italy. BAC has eight manufacturing plants and 2,000 employees worldwide.
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