WASHINGTON — Commercial office security company Datawatch Systems will keep its headquarters in Bethesda, Maryland, relocating from its current East West Highway location to a larger space, also on East West.
The company will add 50 new full-time jobs at the new headquarters over the next four years, officials said.
Datawatch will receive a $50,000 training grant from the Maryland Department of Commerce, and an $80,000 grant from Montgomery County through its economic development fund.
“Datawatch Systems appreciates the support of both Maryland and Montgomery County in helping us remain and expand our company in Bethesda,” said William F. Peel III, Datawatch Systems president.
“Although businesses have many opportunities in this region, we are beyond thrilled to remain in Montgomery County and look forward to the continued growth and expansion of our organization.”
Founded in 1981, the company monitors hundreds of thousands of doors and elevators in more than 4,000 buildings throughout North America.
Like WTOP on Facebook and follow @WTOP on Twitter to engage in conversation about this article and others.