Watch CBS News

Garrett Co. Business Buys HQ Building

OAKLAND, Md. (AP) -- A Garrett County company hatched in a local business incubator is spreading its wings.

County officials said Tuesday that GCC Technologies LLC is buying a 30,000-square-foot building near Oakland for its new headquarters.

They say the 5-year-old federal contractor bought the building from the county for about $1.2 million. That's the same amount the county paid in December to buy the building from the Maryland Economic Development Corp.

The Cumberland Times-News reports that GCC has about 200 workers and offices in Washington, San Diego
and Arlington, Va.

President Jim Bailey says he expects further growth after the company moves from its current headquarters in McHenry this fall.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.