Dixon Valve & Coupling Co is investing $20 million to expand operations and construct a 150,000 square-foot warehouse in Chestertown.
“From our team of outstanding employees to our close ties to the community, growing our company in Maryland is very important to us,” said Dixon CEO Richard Goodall. “While we considered locations in other states for this project, we were pleased to be able to work with the Maryland Department of Commerce, Kent County Economic Development and the Town of Chestertown to make this expansion happen in Maryland.”
To assist with the expansion, the Maryland Department of Commerce has approved a $1 million conditional loan through the Maryland Economic Development Assistance Authority and Fund (MEDAAF) program. The Kent County Commissioners are providing a $100,000 match to help complete the project, and the Town of Chestertown annexed the expansion property and assisted with obtaining the needed permits.
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