Testing Machines Inc. Chooses New Castle, Delaware for Manufacturing and HQ
"The TMI Group is extremely proud of our new sustainable New Castle, Delaware headquarters," said John Sullivan, president of TMI Group. "The Delaware Economic Development Office was instrumental in helping the TMI Group relocate to Delaware. The new state-of-the-art facility is completely self-sustaining with solar power generation and we're thankful for the assistance of the Delaware Green Energy Fund."
The Delaware Economic Development Office extended a $500,000 loan from the Delaware Strategic Fund to TMI. The company must hire at least 50 full-time employees over the next three years for $100,000 of the loan to convert to a grant. Seventeen existing employees have relocated to Delaware, and the company will hire 33 more by the end of the summer.
TMI invested $300,00 to build the eco-conscious facility, which includes 160 solar power panels, a membrane roof, 15 geothermal heating and cooling wells, and LED lighting. The Delaware Department of Natural Resources and Environmental Control approved a $90,000 grant from the Delaware Green Energy Fund for the solar power system.
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