Towson, MD (November 13, 2008)—Bakery Express and Merritt Properties today celebrated the opening of a new Baltimore County manufacturing facility for the commercial baking company. As lead tenant for the new 210,000 square foot building on Hollins Ferry Road in Halethrope, Bakery Express brings over 300 new jobs to Baltimore County's Southwest Enterprise Zone. Bakery Express consolidated two divisions into the renovated building, which was developed and leased by Merritt Properties. Bakery Express provides baked goods to 1,100 7-Eleven stores in the Mid Atlantic, as well as serving restaurants and specialty stores through its Ms. Desserts division. "We're pleased to be able to contribute to the success of this project with a significant loan to Bakery Express from Baltimore County's business loan funds. These funds were established by the department of economic development to help companies grow and make this type of capital and real estate investment," said Baltimore County Executive Jim Smith. Georgetown Bakery Management Corporation, parent company of Bakery Express, has received a $500,000 loan from the County's Small Business Loan Partnership and a $250,000 loan from the County's Business Growth Fund. The loans allowed the company to purchase the 13-acre Halethorpe property and build-out the new facility. Since its establishment in 1996, certified businesses in Baltimore County's Southwest Enterprise Zone have made $95 million in new capital and equipment investment and added 920 jobs in the Zone. In 2007-08, new companies such as Ferguson Enterprises, Environmental Quality Resources and Bakery Express have brought an additional 600 new jobs to this traditionally industrial area of Baltimore County. Companies in the Enterprise Zone are eligible for state and county property tax credits and tax credits for each new job brought to the Zone. Read more Business Headlines Read more about Baltimore County Business Communities Back to top Baltimore County Department of Economic Development 400 Washington Avenue Towson Maryland 21204 Phone 410-887-8000 For additional information contact businesshelp@baltimorecountymd.gov Revised June 9, 2009 |