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[2011.27.10] Baltimore County Executive Kevin Kamenetz, CSC and Maricom announce new jobs and first major business expansion in the Federal Center at Woodlawn Enterprise Zone
October 27, 2011 - Baltimore County Executive Kevin Kamenetz and Senator Ben Cardin joined CSC (NYSE: CSC) and Maricom executives to celebrate the first major business expansion in the new Federal Center at Woodlawn Enterprise Zone. Maricom, a CSC company, upgraded a 1970s era office building to today's technology standards to support work with the Centers for Medicare and Medicaid Services (CMS). Maricom currently employs 200 workers in Baltimore County and is recruiting for more than 35 additional jobs."The Federal Center at Woodlawn Enterprise Zone was designated to spur this type of high-quality new investment and job creation," said Baltimore County Executive Kevin Kamenetz. "Baltimore County's healthcare information technology corridor becomes even stronger as CSC and Maricom continue to grow and add new jobs in Woodlawn."
Two of the federal government's largest agencies are headquartered in Woodlawn. The Centers for Medicare and Medicaid Services and Social Security Administration together provide jobs to 16,000 people.
"The new Federal Center at Woodlawn is an investment in jobs. The expansion of CSC and Maricom in Woodlawn will bring approximately 200 high-tech jobs to the area and fits in well with the two major federal facilities already located there - the Centers for Medicare and Medicaid Services and Social Security Administration. Jobs creation takes smart investment decisions and the Federal Center is the right kind of investment for Baltimore County's future growth," said U.S. Senator Ben Cardin.
Federal contractors employ thousands in Baltimore County. Woodlawn contractors include Lockheed Martin Information Systems and Global Solutions, General Dynamics' ViPS, Northrop Grumman, Mitre Corporation, SAIC, and ProLogic, Inc.
"Maricom's new offices clearly show how an out of date building can be transformed into a modern facility for technology companies," said County Councilman Ken Oliver.
"More than 50 years ago, we started building a presence here in Maryland, and over the years, we have proudly supported agencies such as the Centers for Medicare and Medicaid and the Maryland Department of Health and Mental Hygiene," said James W. Sheaffer, president of CSC's North American Public Sector business unit. "Today, already with more than 4,000 CSC employees in the state, we are pleased to celebrate the even larger presence and improved capabilities our recent Maricom Systems acquisition brings us. The new Federal Center at Woodlawn is an ideal location to continue our growth and support the Baltimore community, as well as the local economy."
The Federal Center at Woodlawn Enterprise Zone includes approximately 395 acres of industrial and office property in the vicinity of I-695 and Dogwood Road, including portions of the Rutherford Business Center, Windsor Corporate Park, Executive Park West, and Meadows Industrial Center.
Through targeted tax benefits, the State-designated Enterprise Zone encourages job creation and renovation of outdated buildings that no longer meet the requirements of today's technology-dependent companies.
Qualifying companies in an Enterprise Zone can benefit from real property and income tax credits, which can result in substantial tax savings. For example, a new $5 million capital investment in an Enterprise Zone property nets $357,500 in property tax credits over ten years.
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 93,000 employees and reported revenue of $16.2 billion for the 12 months ended July 1, 2011. For more information, visit the company's website at www.csc.com.
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