MARYLAND SITE UNDER CONSIDERATION FOR U.S. BUREAU OF ENGRAVING AND PRINTING FACILITY
USDA Agricultural Research Center Beltsville campus being evaluated for new production facility
BALTIMORE, MD (April 3, 2019) –The Maryland Department of Commerce today applauded the announcement by the U.S. Bureau of Engraving and Printing (BEP) that it is evaluating a 100-acre parcel on the U.S. Department of Agriculture’s Beltsville Agricultural Research Center (BARC) in Prince George’s County as the potential location for a new production facility that would print U.S. paper currency and other federal security products. BEP is partnering with the USDA and the U.S. Army Corps of Engineers in studying the feasibility of the site, which would replace BEP’s century-old facility in Washington, D.C.
“This is great news for our state and for Prince George’s County,” said Governor Larry Hogan. “Choosing to locate in Maryland will give BEP access to the talent, amenities, and resources that make our state so attractive to businesses and government alike. We look forward to a positive outcome for Marylanders.”
Building a new production facility on the Beltsville site will result in cost savings and efficiencies for the BEP, and shorten the commutes for the 65 percent of bureau employees already living in Maryland.
“Maryland Commerce stands ready to provide any assistance we can during the evaluation process,” said Secretary Kelly M. Schulz. “Maryland is home to more than 50 federal facilities, and the federal government has a very positive economic impact – $38.1 billion – on the state’s economy.”
The partnering agencies intend to solicit input from members of the local community, as well as government officials and other stakeholders during the evaluation process.
About Maryland Commerce
The Maryland Department of Commerce stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing financial assistance to Maryland companies. The Department promotes the State’s many economic advantages and markets local products and services at home and abroad to spur economic development and international investment, trade and tourism. Because they are major economic generators, the Department also supports the Arts, film production, sports and other special events. For more information, visit commerce.maryland.gov.