A Columbia company that provides services for nuclear power plant simulators will move to Westminster in late October and plans to add 25 to 50 new workers in the next two years, the owner said yesterday.
M.S.I. Industries Inc. has a contract to buy the former Westminster True Value Hardware building on Route 140 in Reese, said Francis W. Meyers.
Bart Stephens, who closed his hardware store there last year, said he expects to sign a contract with Mr. Meyers by the end of this week.
Neither would disclose the sale price.
Mr. Meyers, 54, of Westminster, said he plans to spend $100,000 to $150,000 to renovate the 10,000-square-foot building.
M.S.I. provides services to update computer hardware and software at simulators used for training at nuclear power plants, he said.
Among its customers are utility companies in New York, Louisiana, Texas and Arkansas, Mr. Meyers said.
The company also has a military contract for service on a simulator for the P3, a submarine chaser based in Jacksonville, Fla., he said.
M.S.I. sales were $2.4 million in 1991, and Mr. Meyers expects them to be $3 million this year and $5 million to $6 million in 1993.
The 15-year-old company has 31 full-time employees in a 3,000-square-foot facility in the 9100 block of Guilford Road in Columbia.
M.S.I. needed a larger facility because it has contracts pending for assembly work for computers and electronic systems. Mr. Meyers said he plans to hire 25 to 50 area workers as assemblers.
Mr. Meyers, who has lived in Carroll for six years, said he has been interested in moving his business to the county for about 10 years.
Land is cheaper and workers are more available than in other counties, he said.
In 1979, he considered buying land at the Air Business Center in Westminster, but his accountant advised against it.
"I see potential up in that area," he said of Carroll.