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Economics / Municipal government

Baltimore County exec pitches PayPal expansion following NC withdrawal

North Carolina's boneheaded anti-LGBT law will be an economic windfall for some region. Baltimore County is throwing its hat in the ring with a new letter from County Executive Kevin Kamenetz.

PayPal. (Photo by Flickr user @francois, used under a Creative Commons license)

PayPal’s move to withdraw plans for a global operations center in North Carolina due to the state’s anti-LGBT law created the question of where the 400 jobs will end up.
Baltimore County Executive Kevin Kamenetz wants the company to build on its existing presence in Hunt Valley. In a letter to CEO Dan Schulman, Kamenetz urged PayPal to increase the 1,000 workers it already employs in the operations center in Hunt Valley and PayPal Credit headquarters in Timonium.


From the letter:

We have the financial, cyber, software engineering and experienced operations talent ready for PayPal to recruit. Our workforce development team already has helped the PayPal Hunt Valley operations center successfully find qualified workers. With rapid communications connecting operations centers to the world, it makes sense for PayPal to consider expanding its Hunt Valley operations.

Kamenetz isn’t the only East Coast economic development leader dialing PayPal, however. Efforts are also brewing to lure the company to VirginiaPhilly and Cleveland.
The company’s roots in the area could be one factor that helps Baltimore County stand out. Bill Me Later was founded in 2000, and became PayPal Credit following eBay’s acquisition in 2008.

Companies: PayPal
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