Fort Drum Reports $1.4B Economic Impact In 2012

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Fort Drum had a more than $1.4 billion impact on the north country economy in 2012, Army officials say.

Fort Drum officials released their annual economic impact report Monday morning.

The installation supports over 19,000 soldiers and about 20,000 family members, officials say.

"The second-to-none training opportunities and family support services provided here at Fort Drum are the drivers to the 10th Mountain Division's continued mission success," Garrison Commander Col. Gary Rosenberg said in a news release.

However, the dedication of our civilian workforce and the patriotism of our surrounding communities allows Fort Drum to be more than a training and deployment facility," Rosenberg said. "It is our home."

Between the soldiers and 4,500 civilian workers, Fort Drum is the region's largest employer with a total annual payroll of nearly $1.2 billion.

Army officials say the post has pumped more than $18 billion into the local economy since 1988.

Added to that, officials say, are over $47 million paid each year to retirees of all military branches who live in the region and $28 million area school districts receive in federal impact aid.

Fort Drum is also a major customer for construction companies and suppliers of goods and services in northern New York.

Companies located in Jefferson, Lewis and St. Lawrence counties received 234 contracts worth more than $20 million last year.

 

 

 

 

Fort Drum had a more than $1.4 billion impact on the north country economy in 2012, Army officials say.

Fort Drum officials released their annual economic impact report Monday morning.

The installation supports over 19,000 soldiers and about 20,000 family members.
 
Between the soldiers and 4,500 civilian workers, Fort Drum is the region's largest employer with a total annual payroll of nearly $1.2 billion.
 
Added to that, officials say, are over $47 million paid each year to retirees of all military branches who live in the region and $28 million area school districts receive in federal impact aid.
 
Fort Drum is also a major customer for construction companies and suppliers of goods and services in northern New York.
 
Companies located in Jefferson, Lewis and St. Lawrence counties received 234 contracts worth more than $20 million last year.
 
Army officials say the post has pumped more than $18 billion into the local economy since 1988.
 
Wednesday, July 30, 2014
, Watertown, NY

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