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SavWatt Is Expanding Operations In Baltimore
SavWatt USA is an innovator of LED lighting and headquartered in Baltimore, MD.
From Chris Huntemann at Gazette.net:
SavWatt USA, which makes energy-efficient LED lights for streets and other outdoor and indoor purposes, is moving into a new location in downtown Baltimore, where it expects to create more than 500 new jobs in the next two years.
The company will move from its current 2,500-square-foot location on Eastern Avenue into a new, leased, 14,000-square-foot office, factory and showroom space on Wicomico Street, CEO Michael Haug said Monday. The new location is expected to open in March, he said.
The new jobs will be in the manufacturing, assembly, support staff and administrative divisions, Haug said, adding that SavWatt is receiving assistance from Baltimore officials with recruiting new hires. SavWatt officials hope to start hiring 50 new employees next month and to hire 150 new employees by the end of the year, said Haug, who joined SavWatt as CEO in April.
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