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INIT Opens New Business Venture in Chesapeake, VA |
INIT Innovations in Transportation Inc. has partnered with Simtech LLC, a supplier of customized electronic products to launch a new business venture: Superior Quality Manufacturing (SQM), which opened its facility in Chesapeake, VA, on Jan. 18.
SQM will produce a variety of electronic modules and devices featuring components such as computer boards and LED panels. The 13,000-square-foot facility houses a production area, test and repair facility, warehouse, and administrative offices.
Initially, SQM will manufacture such devices as variable message signs, mobile data terminals, Global Positioning Satellite devices, and equipment racks for INIT’s U.S. public transit customers. Longer-term growth plans include manufacturing for third parties, as well as building specialized high-quality electronics in small and medium-range quantities.
“This achievement represents a perfect model of how different international companies can locate a business in Chesapeake and grow together to form a successful venture,” said Chesapeake Mayor Alan P. Krasnoff. "Having two German companies, INIT Inc. and Simtech LLC, choose Chesapeake for their new manufacturing partnership proves our city is a great place for foreign investment.”
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Cutting the ribbon at the opening of SQM in Chesapeake, VA, are, from left: Christian Mueller, production manager; Hans-Georg Simanowski, owner of SimTech; Dr. Gottfried Greschner, owner and president of INIT GmbH; Roland Staib, president and chief executive officer of INIT Inc.; Chesapeake Mayor Alan Krasnoff; Robert Brown, City of Chesapeake council member; and Michael Eberhardt, supply chain manager, INIT GmbH. |
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