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County endorses grant to help fund company's move

November 16, 2005|by TARA REILLY

A satellite telecommunications company moving to the Hunt Ridge Business Park received support Tuesday from the Washington County Commissioners.

The County Commissioners endorsed through a resolution a state grant to assist Americom Government Services Inc. with the move to Insurance Way in the business park.

The Maryland Economic Development Assistance Authority has agreed to give Americom up to a $10,000 Maryland Economic Development Assistance Fund grant, according to information provided by the county.

In addition, the state has also agreed to give two other grants, one for $35,000 and one for $25,000.

Washington County has agreed to contribute up to a $40,000 grant for the project.

Americom plans to move the business from the Technical Innovation Center at Hagerstown Community College to the business park, where it will lease a 30,000-square-foot building on 7.29 acres.

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The average wage of the Americom jobs is "in excess" of $80,000 a year, Tim Troxell, executive director of the Hagerstown-Washington County Economic Development Commission said.

Americom, a subsidiary of Princeton, N.J.-based SES Americom, offers comprehensive, satellite-based communications solutions and does extensive work with government agencies, including NASA, the Department of Defense and the U.S. Army. SES Americom also operates Americom facilities in Princeton and McLean, Va.

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