Conair LLC, the Stamford-based provider of health and beauty products and kitchen appliances, has announced plans to establish a distribution center in Washington County, Maryland.
The company will lease approximately 2.1 million square feet at a soon-to-be constructed facility, which the company said will be the largest in Maryland and the largest in the nation for small appliances. Conair expects to create approximately 700 new full-time jobs in Maryland over the next 10 years.
To assist with project costs, the Maryland Department of Commerce is working on approving a $2 million conditional loan through Advantage Maryland (MEDAAF). Additionally, Washington County is providing a $200,000 conditional loan to help Conair complete the project, pending approval from the Board of County Commissioners. The company is also eligible for various other incentives and tax credits, including the More Jobs for Marylanders program and the state’s Job Creation Tax Credit.
“After meeting with Gov. Moore, I am delighted to find a shared commitment to creating prosperity and fostering a thriving business environment,” said Ronald T. Diamond, CEO and president of Conair LLC.
“It’s very exciting to welcome a global company like Conair to Maryland,” said Gov. Wes Moore. “Our state’s distribution and logistics industry continues to thrive as companies aim to reach customers in record time. Conair will see great success with this new facility and our dedicated local workforce.”
Photo: Maryland Governor Wes Moore (left) and Conair CEO Ronald Diamond. Credit: Patrick Siebert / Conair.