INIT Innovations in Transportation Inc. will celebrate the grand opening of its new North American Headquarters building located at 424 Network Station, Chesapeake, Va., this week.
The grand opening ceremony will include a formal ribbon cutting and guided tours of the 67,000 square foot facility, which was completed in June of 2017 and cost approximately $12.5 million to build. The building is constructed on eight acres of land at the Oakbrooke Business and Technology Center.
INIT broke ground for the build out of the modern facility in May of 2016 to establish its roots in the North American market and in Chesapeake, as well as to integrate its formerly separate operations under one roof. The headquarters is now home to around 90 personnel, including 20 manufacturing employees.
“We are very excited to finally have our entire operations under one roof. This modern facility allows us to better serve our North American customers, said INIT President/CEO Roland Staib. “The City of Chesapeake’s Economic Development team was instrumental in helping make our dream home a reality.”
The new facility has consolidated INIT’s warehouses, operations, and two manufacturing firms — Total Quality Assembly LLC (TQA), and Superior Quality Manufacturing (SQM). Altogether, the building features 20,000 square feet of manufacturing space, 20,000 square feet of office space, and a 27,000 square foot warehouse.
The City of Chesapeake’s Economic Development Authority played a vital role in INIT‘s decision to build the new headquarters in Chesapeake, as well as the selection of land. Whiting-Turner Contracting Co. of Chesapeake was chosen as the general contractor, with Tymoff+Moss Architects guiding the design of the building.
INIT established its North American headquarters in Chesapeake in 1999 with a small staff of five from Germany. Since then, the company’s evolution as the worldwide leading supplier of intelligent transportation systems for public transit has swiftly advanced.