Wednesday, October 6, 2010

Economic Impact of Fort Detrick on Maryland

News from the City of Frederick...

A study released by the State of Maryland indicates that the organizations located at Fort Detrick create or support nearly 12,000 jobs providing an estimated $650 million in pay and benefits and generate a total of $1.7 billion in economic activity in Maryland.

According to Randy McClement, Mayor of The City of Frederick “The study confirms what we have long known about the importance of Fort Detrick in the local and state economy.” He added that “many Frederick residents have family members, neighbors, and friends who work at the Fort for organizations such as the National Cancer Institute (NCI) and US Army Research Institute of Infectious Disease (USAMRIID).”

“Fort Detrick is the largest employment business park in The City of Frederick at over 1,200 acres, 40+ tenants, and 8,500+ daily employees,” stated Richard Griffin, Director of Economic Development. The study shows that Fort Detrick has a direct employment of 4,350 with a payroll of $303 million and in-state purchases of $440 million. According to Grifffin “these numbers alone are very important to the Frederick region because of the impact made to local businesses in terms of retail and service sales coupled with follow-on spending.”

Fort Detrick is located in The City of Frederick and coordinates closely with the City and County on issues of transportation, utilities, security, workforce, and environmental health. It is the home of the National Cancer Institute, National Interagency Biodefense Campus (NIBC) and the National Interagency Confederation for Biological Research (NICBR). Fort Detrick - initially Camp Detrick - was founded in 1931.

The study which considers the economic impact of the 17 military facilities in Maryland was prepared by the Jacob France Institute of the Merrick School of Business at University of Baltimore for the Maryland Department of Economic Development (DBED) and Department of Labor Licensing and Regulation (DLLR). A copy of the study can be found at http://www.choosemaryland.org/aboutdbed/Pages/ProgramReports.aspx

For more information contact: Richard Griffin, Director of Economic Development for the City of Frederick at 301-600-6360 or rgriffin@cityoffrederick.com