Damage Prevention Solutions Relocates to New Bedford County, Virginia Facility
01/12/2021
According to the Bedford County Economic Development Authority, the company will transfer up to 10 employees to the new facility once it is built, and will add up to 45 jobs as production ramps up over the next five years, equipping the facility with laminators and digital production printing presses.
“As we searched for a long-term manufacturing site, we were drawn to Bedford County with its strong manufacturing and industrial base, and the highest concentration by place of residence, for production occupations,” said Ryan Dunn, President & Chairman of Damage Prevention Solutions.
As an innovative manufacturer of damage prevention systems for underground utilities, the company’s sales growth in SignalTap and other products, has prompted a need for increased production capacity to serve its growing customer base.
“The decision to set up manufacturing headquarters in Bedford County confirms that our region has the quality workforce that today’s innovative companies need for long-term growth,” said EDA Chairman, Jim Messier. “We are thrilled to welcome Damage Prevention Solutions to the New London Business and Technology Center and we’ll be there to support their growth for many years to come.”
The company was founded in 2016 and assisted through a Virginia Tobacco Commission research and development grant to commercialize its initial product offering in 2017. The company currently leases production space in Arvonia, with a sales office in Charlottesville.
Project Announcements
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024