TDI LLC acquires 2.59-acre site in Virginia Beach
Published
TDI LLC has purchased a 2.59-acre site at 641 Phoenix Drive in Virginia Beach for $1.5 million.
The site includes an 11,495-square-foot facility that will be used for the company's corporate headquarters in addition to manufacturing, printing and distribution.
The Virginia Beach Development Authority approved an Economic Development Investment Program grant of $75,000 to the company based on $2.2 million of capital investment. The project is expected to create 10 to 15 jobs.
TDI bought Tactical Distributors in 2013, a firm that specializes in tactical gear and high-end tactical equipment for such vendors as London Bridge Trading, Arc'teryx and Kuhl. Through years of development, the company has grown significantly and has expanded into the retail market.
The company’s expansion has been precipitated by other recent acquisitions of screen printing and embroidering companies, including MSP Design Group (April 2015), Harbour Graphics (April 2017) and Bay Screen and Graphics (June 2017).
Additionally , TDI Printing Group and TDI LLC merged in June to create one entity, TDI LLC, which is the umbrella company for all of the merged companies. It will maintain an existing manufacturing and distribution facility on Crusader Circle in Virginia Beach.
