Aluminum manufacturing company Constellium US Holdings is relocating its corporate offices from New York to Baltimore.
The move will result in an office with at least 25 employees, all of whom must be in place in Baltimore by the end of 2018, Mayor Catherine Pugh said.
“These are supposed to be great jobs,” Pugh said. “The company expects to host in Baltimore quarterly meetings with attendants of up to 50 people from Europe and the United States.”
The choice came down to Baltimore and Connecticut, and Baltimore ultimately won out due to a $150,000 loan offered by the city, affordability of office space and proximity to the airport.
Constellium, which is based in Amsterdam, makes aluminum products that are used by car manufacturers, as well as the aerospace and defense industries. The company’s website lists two dozen plants in Europe and the U.S.
According to the Baltimore Business Journal, the offices for the company’s senior management team will be located at 300 E. Lombard St.
Before you go...
To keep our site paywall-free, we’re launching a campaign to raise $25,000 by the end of the year. We believe information about entrepreneurs and tech should be accessible to everyone and your support helps make that happen, because journalism costs money.
Can we count on you? Your contribution to the Technical.ly Journalism Fund is tax-deductible.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!