At A10 Associates, we specialize in helping businesses grow, secure government funding, and navigate complex regulatory processes. Our recent work with a leading manufacturer of electrical power distribution products highlights the value of strategic government relations and economic development advocacy.
Expanding Operations & Securing Financial Support
Our client, a Maryland-based manufacturer serving critical infrastructure sectors, is expanding its headquarters and manufacturing operations in Hanover, Maryland. This expansion includes an additional 155,000 square feet of space, allowing the company to retain its existing 118 full-time employees and create 160 new jobs over the next five years.
A10 Associates played a key role in securing $1.4 million in funding to support this growth. Working closely with state and local agencies, we successfully submitted two funding applications on behalf of our client, resulting in:
$780,000 conditional loan through Advantage Maryland (pending approval)
$78,000 forgivable loan from Anne Arundel County
Eligibility for Maryland’s Job Creation Tax Credit & additional incentives
This funding will help offset project costs, ensuring the company can expand its operations while continuing to serve industries such as data centers, renewable energy, and commercial infrastructure.
Government Awareness & Advocacy
Beyond securing funding, A10 worked to raise government awareness at both the state and local levels, advocating for the project and ensuring key decision-makers understood its importance to Maryland’s infrastructure, job market, and economy.
State and local officials emphasized the company’s role in supporting growing industries and strengthening Maryland’s manufacturing and energy infrastructure sectors. The expansion aligns with broader economic development goals, reinforcing the need for investments in power supply, data centers, and commercial facilities.
Our involvement ensured seamless coordination between our client and state leadership, helping to maintain momentum and avoid delays in the approval process.
Navigating a Complex Name Change Without Losing Funding
As part of this expansion, the company also underwent a name change process, which required careful navigation to ensure continued access to government funding and incentives.
Changing a company’s legal name can often lead to administrative delays, compliance challenges, or even funding disruptions. A10 Associates worked diligently with the company to manage this transition without jeopardizing the financial support already secured, ensuring a smooth process that allowed our client to maintain operations without interruption.
Looking Ahead: Grand Opening in 2025
With construction and hiring plans underway, A10 Associates continues to support the company’s progress leading up to its grand opening in 2025. Our ongoing strategic guidance, advocacy, and government relations expertise will ensure the company maximizes its economic development opportunities while successfully integrating into Maryland’s growing business landscape.
This project showcases A10’s expertise in securing government funding, facilitating regulatory processes, and driving business growth. Whether advocating at the state level or navigating complex corporate transitions, we are committed to helping businesses succeed.
Looking for funding and advocacy support for your business?
Contact A10 Associates to learn if our team would be a good fit.
