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Posts filled at Maryland Ribbon plant

March 27, 1997

By JULIE E. GREENE

Staff Writer

More than half of the 150 new jobs to be added at C.M. Offray and Son Inc. - known locally as Maryland Ribbon Co. - have been filled, a company official said Tuesday.

The new jobs are part of a renovation and expansion project that began last August at the plant, which manufactures ribbon and other fabric-based products, officials said.

The expansion is expected to be complete and the remaining new jobs filled by the end of March of 1998, said James Sutherland, executive vice president of manufacturing.

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Maryland Ribbon now employs about 575 people, Sutherland said.

A roughly 96,000-square-foot building was added at a Willow Circle site across from the company's existing location, he said.

The City of Hagerstown is expected to contribute $74,252 to help with the company's renovation and expansion costs.

City Council members voted 5-0 on Tuesday night to reimburse Maryland Ribbon for $24,252 in transportation costs related to moving its yarn-dyed ribbon operation from Anniston, Ala., to Hagerstown, according to Deborah Everhart, the city's economic development coordinator.

Council members approved a resolution by a 5-0 vote to apply for a $500,000 Maryland Industrial and Commercial Redevelopment Fund loan, $50,000 of which would be earmarked for the company.

Maryland Ribbon also is expecting a $1 million loan from the state's Sunny Day Fund that would convert to a grant if certain conditions are met.

Those conditions include a stipulation that the company invest at least $3.5 million of its own funds in the expansion project.

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