Anne Arundel lures ITT Corp., 90 new jobs to Hanover


Monday, April 5, 2010 -  ITT Corp. has selected Hanover for a worldwide training center focused on information technology, bringing up to 90 high-tech jobs to Anne Arundel County over the next four years.


The White Plains, N.Y., engineering and manufacturing company selected the site near Arundel Mills mall over four other sites, including New York and Colorado, the Anne Arundel Economic Development Corp. said Monday.

The Fortune 500 company will bring employees from across the globe to the $1.7 million center for training and programs focused on information technology, said Robert L. Hannon, director of the Anne Arundel EDC. Hannon said negotiations took about six months to complete.

“This training center will indeed service their offices around the world,” Hannon said in a telephone interview. “We’re always pleased to participate in growing any business here in the county.”

ITT (NYSE: ITT) expects to create 90 new jobs, with salaries of more than $100,000, over the next four years, Hannon said. The center is slated to open by Aug. 1. ITT considered various factors in its selection process, Hannon said, including the site’s proximity to Baltimore/Washington International Thurgood Marshall Airport, hotels and restaurants. The company will spend nearly $1.7 million to set up the new center, in a 150,000-square-foot building at 7556 Teague Road. ITT has retained Holland Construction to ready the space for its use.

“We are pleased to expand our presence in Maryland and centralize our information technology talent and training efforts in this new center,” Carol Zierhoffer, vice president and chief information officer at ITT, said in a statement.

ITT, which employs more than 600 people in Maryland and posted 2009 revenue of $10.9 billion, is accepting applications for new workers. Information can be found on the company’s Web site under its ITT Headquarters Job Opportunities section . The company has other facilities Maryland facilities Abingdon, Annapolis Junction, Bowie, Greenbelt and Lexington Park.

Zierhoffer said the center will be a “foundational building block” from which ITT hopes to develop new capabilities and practices focused on the company’s worldwide information technology efforts.

Representatives from ITT could not be immediately reached for comment.

The Maryland Department of Business and Economic Development and the Anne Arundel EDC helped lure ITT to the Hanover site with training and employment assistance. Hannon said the county has agreed to help ITT move quickly through its approval process to meet the Aug. 1 opening target. DBED has also agreed to give the company a conditional loan which it would not have to repay if it meets certain investment and job creation goals, Hannon said. Exact terms of DBED’s loan is unknown.

The county and state will provide ITT with training and employment assistance to help it open the new center.

The Hanover building is owned by a partnership including Linden & Associates, Holland Properties Management and JPB Enterprises. The building is about 70 percent occupied by tenants including the Baltimore Washington Medical Center, Linden President Christopher Kurz said in a telephone interview.

“We’re delighted that they signed the lease and they’re coming to the building,” Kurz said. Kurz declined to discuss lease terms, but space in the building is going for a rental rate of $42 per square foot, according to CB Richard Ellis Inc.