Swedish bioenergy company, Swebo Bioenergy International, has selected Maryland as the location for its U.S. headquarters. The clean technology company, which develops, produces and sells climate neutral bioenergy systems, plans to open its new offices in Annapolis this fall.
Swebo will initially hire 3 employees, but expects to bring on an additional 15 to 20 employees as the company gears up to its begin manufacturing operation in the U.S.
Gov. Martin O'Malley met with Swebo during his economic development mission to Sweden last June. Company representatives came to Maryland, touring several locations throughout the state, including Anne Arundel County and the Eastern Shore before settling on Annapolis.
"I am pleased that our economic development mission to Sweden produced such significant and swift results," says Governor O'Malley. "Swebo International will be a great addition to the business community in Maryland, which, because of Maryland's leadership in the use of smart, green technologies, is quickly becoming a very attractive location for alternative energy companies.
Based in northern Sweden, Swebo specializes in manufacturing products that handle the efficient combustion of waste fuels.
"We are happy with what we have seen in Maryland and our options to establish a U.S. headquarters, followed by manufacturing operations," says Swebo Bioenergy CEO Mattias Lindren. "We looked at other states to establish our U.S. operations, but decided to locate in Maryland because of the support we received from Governor O'Malley."
Writer: Walaika Haskins
Source: DBED