Black & Decker Corp., a giant power tool and home appliance company, is expanding its Towson headquarters complex with the leasing of an adjacent 78,000-square-foot building at 383 Hillen Road.
The company plans to move 350 workers from 10 North Park Drive in Hunt Valley into the former Becton Dickinson and Co. building by the end of the year, said Charles L. Costa, vice president of administration for Black & Decker.
Becton Dickinson, a medical technology company, moved its operation to Sparks in October 1990.
The employees who will move work for three Black & Decker divisions: U.S. Power Tools, Accessories and International Operations.
The move will consolidate the U.S. Power Tools division, which is split between Hunt Valley and Towson. About 236 engineers and research personnel in the division are based in Towson, while sales, marketing, administration and finance operations are in Hunt Valley.
The one-story Becton Dickinson building is on 11 acres next to Black & Decker's headquarters, which has 630 employees, 280,000 square feet of office space and 21 acres of land.
Mr. Costa said the two facilities would be consolidated into a "corporate campus," sharing a common address, 701 E. Joppa Road.
Terms of the lease were not released.
The Becton Dickinson building is owned by P. Fred'k Obrecht & Son. An affiliated company, Obrecht and Associates Inc., will act as a general contractor for the renovation of the interior and exterior of the building.
Architecture and design services will be provided by Columbia Design Collective Inc. and Carey Commercial Design. Nancy Foreman Design Inc. will handle interior planning for the building. Maryland National Bank is financing the project for Obrecht.