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Md. approves $1M grant for Hagerstown manufacturer

Wednesday - 7/30/2014, 4:32pm  ET

ANNAPOLIS, Md. (AP) -- The state of Maryland has announced approval of a $1 million grant for a Hagerstown manufacturer.

Gov. Martin O'Malley and the Maryland Department of Business and Economic Development announced the conditional grant for National Golden Tissue. The company manufactures paper towels, bath and facial tissues and napkins.

The grant has been awarded to help facilitate the company's expansion. The company has acquired the former Boat USA building in Hagerstown. It plans to upgrade the facility and more than double its workforce by adding 100 new jobs.

The state's grant comes through the Community Development Block Grant Program.

The Washington County Board of County Commissioners has also approved a conditional loan of $300,000 to the company. The Tri-County Council for Western Maryland has approved a $400,000 loan.


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