John Hopkins stated that it will increase spending with companies in Baltimore City, especially minority- and women-owned businesses, by $6 million over the next three years by focusing on specific purchasing categories.
In FY16, John Hopkin's local spend in the targeted categories increased by $4.9 million, or 5 percent, to $94.2 million compared to FY14 baseline.
John Hopkins also committed to work with 24 nonlocal suppliers over the next three years to create development plans that outline how they will hire, procure, or invest in Baltimore.
JHU and JHHS completed two development plans with nonlocal suppliers in FY16 and have three plans approved for FY17 so far.
Five development plans have been approved so far. Two development plans were completed in FY16.
- JHU has an agreement with Office Depot to provide recycled toner cartridges from Baltimore-based minority-owned company RGH.
- A development plan with Hewlett Packard secured the company's commitment to use National Imaging Systems to conduct repairs and maintenance on John Hopkins equipment. National will open an office in Baltimore City and ensure that 30 percent of its workforce is composed of Baltimore City residents.