Feds move bill-printing facility from Washington to Beltsville Agricultural Research Center site – Baltimore Sun
WASHINGTON — The United States Bureau of Engraving and Printing is moving its currency printing facility from Washington to Beltsville, Md., Gov. Larry Hogan announced Wednesday.
The new $1.4 billion facility will be located on the campus of the Beltsville Agricultural Research Center. The office also prints currency at a facility in Fort Worth, Texas, which opened in 1991 to meet increased production demand.
The 104-acre Beltsville site once served as the largest science facility for the U.S. Department of Agriculture, housing 17 research labs specializing in topics ranging from hydrology to animal husbandry. The facility has since been transferred to the Treasury Department, which oversees the printing of US currency.
“Over the past three years, the U.S. Bureau of Engraving and Printing and the State of Maryland have worked closely to assess the potential of this Beltsville facility and determine how we can best work together to make this project a success,” Hogan said in a statement. . “Learning that the land has been transferred is another step in the right direction to move this project forward.”
The facility will be used to print paper currency, as well as other secure federal documents. About 40% of US paper money is printed in Washington.
Construction of the facility will be managed by the US Army Corps of Engineers Baltimore District and is expected to be completed in early 2027. Once operational, it is expected to employ at least 850 onsite workers and another 600 remote employees.
The current facility to be replaced is between 14th and 15th streets in Northwest Washington, just south of the Holocaust Memorial Museum. Money has been printed at this factory since 1914 and is a popular tourist attraction.
Hogan said federal, state and county governments will work together to improve several intersections near the planned Beltsville facility to ease traffic congestion on commuter routes, including Maryland Route 201, the Baltimore- Washington Parkway and Powder Mill Road.
According to the Maryland Department of Commerce, the relocation will shorten the commute for the 65% of Bureau of Engraving and Printing employees who live in Maryland.
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“More than 60 federal agencies call Maryland home, along with dozens of military installations and federal research and development labs,” Maryland Commerce Secretary Mike Gill said in a statement. “This Beltsville site will provide the convenience BEP needs to increase production and advance its manufacturing process, while providing a quality workplace for its employees.”
Maryland is also being considered for the new location of FBI headquarters. The three proposed sites are in Greenbelt, Landover and Springfield, Virginia.
Fort Meade, a US Army installation located in Anne Arundel County, is home to US Cyber Command and the National Security Agency.
The Secret Service, which is responsible for controlling the US currency, has a training site adjacent to the Beltsville Agricultural Research Center.
The Food and Drug Administration has a sprawling campus in Silver Spring, while the National Institutes of Health is headquartered in a complex in Bethesda, and the National Archives and Records Administration operates a huge facility in College Park.
“We are proud to know that Prince George’s County will be one of only two places in the country where U.S. currency is printed,” David Iannucci, president of Prince George’s County Economic Development Corp., said in a statement. “Increasing federal jobs and federal investments in the county has long been a key part of our strategic direction for growing the county’s economy.”
Capital News Service is a student-run news organization run by the University of Maryland’s Philip Merrill College of Journalism.
An earlier version of this story misspelled David Iannucci’s last name and misstated his organization’s name. The Baltimore Sun regrets the mistakes.