NCO to HoCo

The former offices of Baltimore Aircoil on Montevideo Road in Jessup will soon house the Maryland operations of NCO Financial Systems, a credit collection agency. According to the latest issue of the Howard/Arundel Report newsletter, the Horsham, Pennsylvania based company leased 50,000 square feet of office space that was once the corporate headquarters of Baltimore Aircoil. Baltimore Aircoil moved across the street in 2006 to a new 95,000 square foot state-of-the-art R&D lab. The former offices and rail served manufacturing building were purchased by Exeter Property Group in 2007 and rebranded as the Dorsey Commerce Center.

HoCo’s gain of about 450 jobs is Baltimore’s loss. The company is relocating from the Montgomery Park development on Washington Boulevard in the city.