Food Processing Company To Expand In Cambridge - 47 ABC - Delmarva's Choice

Food Processing Company To Expand In Cambridge

Posted: Updated:

BALTIMORE (AP) - A food processing company is expanding in Cambridge.
    
Gov. Martin O'Malley announced Tuesday that Protenergy Natural Foods plans to add up to 100 new full-time jobs by April 2013 and hiring another 27 employees over the next five years as it increases production capacity to meet growing demands for its soups, broths and sauces. The company currently employees about 53 people.
    
The company is buying the 67-acre site and 200,000 square-foot building it currently leases in Cambridge, its U.S. headquarters.
    
The Maryland Department of Business and Economic Development is helping the company buy the property with a state-backed loan guarantee on a $3.6 million bank loan. The department says the company expects to invest about $20.3 million in the project.
    
The company is based in Richmond Hill, Ontario.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Local NewsDelmarva HeadlinesMore>>

  • Officials Urging Holiday Blood Donations

    Officials Urging Holiday Blood Donations

    Monday, September 1 2014 10:11 AM EDT2014-09-01 14:11:44 GMT
    DOVER, Del. (AP) - Delawareans are enjoying the Labor Day holiday, but the Blood Bank of Delmarva says the need for blood never takes a day off.More >>
    DOVER, Del. (AP) - Delawareans are enjoying the Labor Day holiday, but the Blood Bank of Delmarva says the need for blood never takes a day off.More >>
  • Officials Urging Holiday Blood Donations

    Officials Urging Holiday Blood Donations

    Monday, September 1 2014 8:26 AM EDT2014-09-01 12:26:54 GMT
    DOVER, Del. (AP) - Delawareans are enjoying the Labor Day holiday, but the Blood Bank of Delmarva says the need for blood never takes a day off. Blood Bank officials are urging area residents to considerMore >>
    DOVER, Del. (AP) - Delawareans are enjoying the Labor Day holiday, but the Blood Bank of Delmarva says the need for blood never takes a day off. Blood Bank officials are urging area residents to considerMore >>
  • Five Injured Following Ocean Pines Boat Fire

    Five Injured Following Ocean Pines Boat Fire

    Sunday, August 31 2014 10:49 PM EDT2014-09-01 02:49:55 GMT
    OCEAN PINES, Md. - Maryland Natural Resources spokesperson says five people have been hospitalized after a 24-foot boat caught ablaze in Ocean Pines.More >>
    OCEAN PINES, Md. - Maryland Natural Resources spokesperson says five people have been hospitalized after a 24-foot boat caught ablaze in Ocean Pines.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.