The federal agency that prints paper currency might relocate to Prince George’s County, officials said. The move is only a proposal, but leaders are already excited about the jobs that could come to the area.
“Building a new engraving and printing facility in the Beltsville Agricultural Research Center will add 1,427 well-paying federal jobs to Prince George’s County,” said David Iannucci, president and CEO of the Prince George’s County Economic Development Corporation.
Iannucci estimated that these workers would collectively earn $15 million per year.
The employees at the Bureau of Engraving and Printing would join a dense economic hub. The Economic Development Corporation noted that there are 2,000 retailers and 25,000 employees within five miles of the suggested site.