Federal money printing facility moving ahead in Maryland
ANNAPOLIS, Md. (AP) — The U.S. Bureau of Engraving and Printing is moving forward with plans to build its new facility in Maryland.
Gov. Larry Hogan made the announcement Wednesday. The bureau is expecting to house at least 850 workers on site, with 600 additional employees working remotely.
It’s official: the U.S. Bureau of Engraving and Printing is moving forward with a new facility in Beltsville. This is something we’ve worked on for the last several years & will bring hundreds more jobs to Prince George’s County.— Governor Larry Hogan (@GovLarryHogan) April 27, 2022
The 104-acre site, located at the U.S. Department of Agriculture’s Beltsville Agricultural Research Center in Prince George’s County, has been officially transferred to the Department of the Treasury.
It will house a new state-of-the-art and environmentally conscious production facility to print U.S. paper currency and other federal security products.
The bureau is in the design stage of the project and plans to wrap up design development by summer 2023.