Bechtel Moving 625 Jobs From Frederick To Reston

RESTON, Va. (AP) — Engineering and project management firm Bechtel Corp. is moving 625 jobs from Maryland to Virginia.

Company officials say the firm’s operational headquarters will move from Frederick to Reston. Bechtel’s corporate headquarters are in San Francisco.

The company had last month announced plans to keep 1,250 jobs in the company’s power unit in Frederick after Maryland officials approved a $9.5 million grant. Those employees have average salaries of $125,000.

Virginia officials enticed Bechtel to relocate the 625 jobs with $6.5 million in state grants.

Bechtel officials say they expect to move into 200,000 square feet of leased space near Reston Town Center in the third quarter of 2012.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


More From CBS Baltimore

Track Weather On The Go With Our App!
Your Podcast Network

Listen Live