Carroll County, Maryland Department of Economic Development

Economic Development News

Defense contractor purchases building in Westminster Tech Park

Defense contractor Advanced Thermal Batteries (ATB) has purchased 40,000 square feet of industrial space in Westminster. Commercial real estate firm CBRE arranged the sale.

ATB, a subsidiary of French company ASB Group, is moving its 30 employees from Cockeysville to the new site at 1231 Independence Way in the Westminster Technology Park, one half-mile from the Carroll County airport. Conewago Properties was the previous owner of the six-acre site.

ATB aims to accommodate its growing staff and footprint, and needed a facility that could handle its manufacturing needs, Alan Grace, CBRE vice president, said in a statement.

"ATB required a highly technical facility to manufacture batteries used for military and space applications," he said. "The property’s logistic capabilities for manufacturing and suburban location were of paramount importance to the buyer during the transaction process.”

“The combination of low interest rates and a healthy economy is driving decision making of buyers who seek to convert from being tenants to owner-occupants,” added CBRE First Vice President, Ketch Sector.

Carroll County Economic Development and the Maryland Department of Business & Economic Development leveraged multiple programs to assist in expediting the approval process for the transaction.

Jack Lyburn, Director of Economic Development, commented: “We are excited to welcome Advanced Thermal Batteries to Westminster. With cooperation from the Maryland Department of Business and Economic Development, we were able to retain ATB in Maryland. I want to thank the state, as well as ATB executives, for working in partnership with us in Carroll County.”

County Commissioner Dennis Frazier added, “ATB is a high-tech manufacturing company that will benefit from our skilled workforce and business-friendly environment. I am pleased that ATB entrusts Carroll County as its preferred location to continue its growth within the defense industry.”

About ATB:
ATB provides a complete range of services for thermal batteries in the USA.  Services that include research, development and production, using state of the art manufacturing equipment to go from concept design to full production.  ATB has the ability to fulfill every thermal battery application needed by our military forces in all missile, space, and munitions programs.

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