Capital Electric is expanding its presence in Prince George's County, with a new 362,880 square-foot warehouse and office facility planned in the near future.
The company, a privately-owned, electrical distributor that provides electrical and lighting products in the Mid Atlantic area, will add more than a dozen new jobs to its Upper Marlboro location. Capital Electric currently has more than 230 workers in the county.
“We moved our headquarters from Alexandria, Virginia to Prince George’s County, Maryland in 2008 and never looked back. The expansion of our home is a testament to our commitment to the county and state,” said Andrew Esce, President of Capital Electric. “We’re excited to partner with the Maryland Department of Commerce and Prince George’s County to expand our opportunities to grow. The state-of-the-art facility will enable Capital Electric to offer a wider breadth of products, create efficiencies that will help us better meet the needs of our customers in the region, and create new job opportunities in Prince George’s County.”
To assist with costs related to the development project, the Maryland Department of Commerce has approved a $250,000 conditional loan through Advantage Maryland, formerly the Maryland Economic Development Assistance Authority and Fund (MEDAAF), contingent on job creation and capital investment. Prince George’s County has also approved an additional $250,000 conditional loan to assist with the project.