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Retail, self-storage property sells in Frederick
A retail building and self-storage facility in Frederick County have been sold for just under $4 million, Cushman & Wakefield | Thalhimer announced earlier in May. Frederick Pike Holdings LLC purchased the 21,322-square-foot retail building and 27,000-square-foot self-storage facility from Winchester Capital Group Inc. as an investment for $3,943,700. The properties are located at 118 [&hellip[...]
Frederick solar farms move forward
Frederick County is on the verge of seeing its first solar power farms. Three facilities are in the works, with another in the pipeline. That’s not to say Virginia’s northernmost county is exactly embracing fields of solar panels. “Solar farms change the character of the land from rolling fields and animals grazing in pastures to […]
Frederick County insulation facility add-on to create 37 jobs
Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and commercial construction. The company will add a 155,000-square-foot manufac[...]
Trex starts HQ move to Winchester
Composite decking and railing manufacturer Trex Co. Inc. broke ground in January on its new $7 million global headquarters in Winchester. The 64,000-square-foot office facility will be located on 8 acres along Crossover Boulevard near Interstate 81. The company’s corporate offices are currently located on Exeter Drive in Frederick County. The decision was “years in […]
Winchester manufacturer to build $1.25 million plant expansion
Winchester-based Evolve Manufacturing will invest $1.25 million to enlarge its plant in Frederick County, creating 84 jobs, Gov. Ralph Northam announced Friday. The company will add a second production line, triple its facility space and increase production for its major customers, including Home Depot, according to a news release. “Evolve … is a key employer […]
Frederick County launches $1M business grant program
The Frederick County Economic Development Authority announced Monday it has allocated $1 million of federal CARES Act funds for a business grant program. Applications can be submitted at 8 a.m. Tuesday, Sept. 8 through 5 p.m. Tuesday, Sept. 15. The program will award grants of $5,000, $7,500 and $10,000 to businesses with 2019 annual gross […]
