Update 8/30/2012 6:25 P.M.
The area gets some promising news from the Bureau of Public Debt, with 450 jobs transferred here from the nation's capitol.
Parkersburg Mayor Bob Newell was among those who got the news Wednesday.
He says while that doesn't mean new jobs for Parkersburg and the surrounding area, it does mean more people spending money here.
and he's optimistic for more good news in the future.
"And I truly believe that, over the next decade, since they have merged with the Office of Financial Management," the mayor said, "they'll continue to add employees, past that 450, over the next decade."
The transition is expected to be completed by mid-decade, and isn't the first time jobs have been transferred from Washington, D.C. to Parkersburg's Public Debt Bureau offices.
A Bureau of Public Debt spokesperson confirms to WTAP News hundreds of jobs are scheduled to transfer from Washington D.C, to Parkersburg, WV.
Employees were officially told about the transfer plans Wednesday afternoon. The spokesperson tells WTAP News 450 jobs are scheduled to be transferred from the nation's capitol to the Parkersburg bureau.
The transfer will take two-and-a-half years, lasting through 2015.
This is part of the earlier consolidation of the government's Financial Management Services with the Bureau of Public Debt.