McCormick Selects Hunt Valley Site as Preferred Location for New Headquarters

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Apr 28, 2015, 11:30 ET

SPARKS, Md., April 28, 2015 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced the selection of 99 Shawan Road in Hunt Valley, Md. as the preferred location for a new company headquarters. The company will be working with development partner Greenfield Partners LLC and the property owner towards finalizing an agreement which is expected within the next several months. This move is an effort to consolidate more than 900 employees currently located across several buildings in Hunt Valley and Sparks into one location.

McCormick has plans to refurbish the entire building and landscape to create an attractive indoor and outdoor campus for employees and visitors. "The preferred site best met our criteria for size, location and ability to create an open, inspirational work environment," said Chairman and CEO Alan Wilson. "We believe the new headquarters building design will offer an exceptional opportunity for collaboration and employee engagement. Also, there are added benefits of expanded efficiencies through better space utilization as well as energy efficiency and sustainability. It will be LEED Gold sustainability certified. This building will truly reflect the McCormick of the future."

The site, located at the corner of Shawan Road and York Road, is currently occupied by a telecommunications provider. Over the next several months, work will be done to finalize an agreement of terms for the site. The target date for occupancy is mid-2018.

McCormick considered locations across Maryland, Virginia and Pennsylvania before identifying this preferred site. "Baltimore Maryland is where McCormick was founded in 1889. The company is committed to build on our 126 year history in the State. We appreciate the strong support and encouragement that we have received during this process from our State and County officials to choose Maryland," said Alan Wilson. "Governor Larry Hogan, Speaker of the Maryland House of Delegates Michael Busch, Senate President Mike Miller and Baltimore County Executive Kevin Kamenetz have been close partners throughout the consideration process. We look forward to their continued support as our headquarters project progresses and as we continue to grow in Maryland."

About McCormick

McCormick & Company, Incorporated is a global leader in flavor. With $4.2 billion in annual sales, the company manufactures, markets and distributes spices, seasoning mixes, condiments and other flavorful products to the entire food industry – retail outlets, food manufacturers and foodservice businesses. Every day, no matter where or what you eat, you can enjoy food flavored by McCormick. McCormick Brings Passion to Flavor™.

For more information, visit www.mccormickcorporation.com.

For information contact:
Corporate Communications:
Lori Robinson (410) 527-6004 or [email protected]

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SOURCE McCormick & Company, Incorporated