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DOT foods gets loan to expand

March 24, 2000|By SCOTT BUTKI

The Maryland Board of Public Works on Wednesday approved a $380,000 conditional loan to DOT Foods Inc. so the company can expand in Washington County.

The Illinois-based company, which buys products from food manufacturers and sells them to restaurant suppliers, plans to use the money to pay for construction of a storm water pond, according to a news release from the office of Gov. Parris Glendening.

"DOT Foods' expansion in Maryland shows the company's faith in the state and in the top-notch work force we have to offer," Glendening said in the news release.

The expansion is part of a $4 million expansion at the 70/81 Industrial Park on Elliott Parkway north of Williamsport, which will add 75,000 square feet of dry warehouse space, according to the release.

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The land is across the street from the company's 150,000-square-foot distribution center, General Manager John Long said.

The Maryland Industrial and Commercial Redevelopment Fund loan is conditional on DOT hiring at least 150 full-time employees by June 30, 2004. It also must retain 150 new workers and invest a minimum of $4 million in capital expenses by June 30, 2007.

The Washington County Commissioners in August agreed to pay a $41,800 local match for the loan.

"DOT Foods is the largest food service redistributor in the United States serving distributors coast to coast on a daily basis," said Hagerstown-Washington County Economic Development Commission Executive Director John Howard.

"We're thrilled that Hagerstown-Washington County was recognized by the company as being the best match for its expansion planning," Howard said.

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