Contract electronics company PPI/Time Zero Inc. is opening a manufacturing facility in Waynesboro, creating 65 new jobs.
PPI/Time Zero is spending $1.15 million to establish its operation in a leased 340,000-square-foot facility in Solutions Place in Waynesboro. Paterson, N.J.-based PPI/Time Zero provides customized electronics for the aerospace, defense, medical and industrial electronics industries. The facility is on schedule to deliver its first products by the end of April, according to Dana Pittman, president and CEO of PPI/Time Zero.
“The strategic location of this facility, along with the ability for future expansion, will greatly improve our customer service and logistics,” Pittman said in a statement. “The company’s solid performance has been driven by successfully executing its organic growth strategy with a focused set of customers and niche market segments. With the support and guidance of the Commonwealth of Virginia, we will accelerate our key initiatives by providing incremental capacity, improved logistics for our customer base and new state of the art process installations.”
Gov. Bob McDonnell said Waynesboro provides an ideal access to major interstates and the company’s customers.
“We are thrilled that PPI/Time Zero, a well-established company that has been successful in New Jersey for the past 40 years, picked Waynesboro for its first Virginia operations,” McDonnell said. “The location at Solutions Place is ideal due to the infrastructure in place at the facility, as well as the region’s strategic proximity to major interstates and the company’s existing and potential clients.”
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