Caroline County courts unnamed business

TCaroline Countyhe Caroline County Board of Supervisors is courting an unnamed business, offering about $460,000 in incentives and infrastructure improvements if it locates in the Caroline Commerce Center off Interstate 95.

The company reportedly intends to construct a 340,000 square-foot distribution center, creating 150 new jobs at market rate salaries. It will also invest nearly $50 million in real and personal property.

If the board of supervisors succeeds, Caroline County homeowners will benefit from the county taxes paid by the new company, as the county will be able to improve services without raising property taxes. The addition of 150 well-paying jobs to the local employment market will also boost the area's economy, and in turn help stabilize housing prices.

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Posted on Wednesday, May 19, 2010 - 11:21am