Electronics firm to set up operation in Waynesboro: Project to create 65 new jobs
PPI/Time Zero Inc., a leading electronic manufacturing services provider of high reliability aerospace, defense, medical and industrial electronics, will invest $1.15 million to establish operations at Solutions Place in Waynesboro. The project will create 65 new jobs within the next year.
Headquartered in Paterson, N.J., PPI/Time Zero is an EMS company providing low-to-medium volume highly customized electronics. With 40 years of service, PPI is known for manufacturing mission critical products supporting aerospace, defense, industrial and medical instrumentation. PPI offers its customers a total solution including design, prototyping, cable and harness manufacturing, turn-key printed circuit board assembly and box build, test, thermal stress screening and end of life manufacturing support.
“The strategic location of this facility, along with the ability for future expansion, will greatly improve our customer service and logistics,” said Dana M. Pittman, president and CEO of PPI/Time Zero. “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.”
The Virginia Economic Development Partnership worked with the City of Waynesboro and the Shenandoah Valley Partnership to secure the project for Virginia. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance will provide funding and services to support the company’s recruitment and training activities.
“The City of Waynesboro is delighted that PPI/Time Zero selected Waynesboro for their expansion,” said Greg Hitchin, director of economic development for the City of Waynesboro. “Waynesboro remains an epicenter of manufacturing excellence and PPI/Time Zero continues that tradition by coming to Solutions Place, a business center with a rich history of producing high-tech electronics.”
“It is our long-term mission to bring more technology jobs to Waynesboro, and I hope that PPI/Time Zero’s tenancy at Solutions Place acts as a catalyst to encourage other successful technology companies to consider our facility,” said Rebecca Polan, director of Solutions Way Management.
Polan said a newly opened Foreign Trade Zone and Solutions Place’s close relationship with Reo Logistics gives Solutions Place tenants a competitive advantage.
“The logistics services that we offer right here on the property through our sister company, Reo Distribution, make us an attractive option for companies who need to manufacture and distribute from the same location,” she said. “We always work with our tenants to make sure they are able to take advantage of all the resources Waynesboro has to offer.”
Pittman said Waynesboro offers a wonderful quality of life for his employees including good schools, affordable housing, a skilled labor force, and access the beautiful Blue Ridge Mountains, which are just minutes away.
From a business strategy standpoint, the area also puts PPI/Time Zero close to many of its existing and potential clients. While many of its contracts come from the U.S. Department of Defense and Department of Homeland Security, PPI/Time Zero maintains a diverse client list including such companies as General Electric, IBM, BAE, Hamilton Sundstrand, Eaton, DRS, ITT, L3 and Parker Hannifin.
“The company solid performance has been driven by successfully executing its organic growth strategy with a focused set of customers and niche market segments,” said Pittman. “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.”
“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,” Gov. Bob 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. PPI provides invaluable electronic assistance to critical industries like aerospace and defense, as well as medical and industrial markets.”