Germany-based TAG America Inc Selects Virginia Beach for First US Manufacturing Facility
December 15, 2015
TAG America Inc., a wholly-owned subsidiary of TAG Chemicals GmbH, has selected a facility in Virginia Beach, VA as their first location in the United States. TAG America will produce water-based, non-toxic, specialty chemicals such as agent releasers for a variety of industries and industrial clients. TAG Chemicals GmbH is headquartered in Bischofsheim, Germany.“We are excited to welcome TAG America Inc. to the growing international business community of Virginia Beach,” said Warren D. Harris, Director Virginia Beach Economic Development. “Small and medium sized European enterprises increasingly understand the strategic importance of having a U.S. facility for their long term success, and the commitment of this city, region and Commonwealth in working that market continues to produce results.”TAG America Inc. conducted a real estate search across several East Coast states to host production, storage, sales and administration before selecting a 6,400 square foot facility at 5721 Bayside Road in Virginia Beach. The offices of Harvey Lindsay Commercial Real Estate represented the landlord in the transaction.“We dedicated a lot of time before selecting Virginia Beach for our newest international operation,” said Andreas Kemper, Managing Director for TAG Chemicals. “We believe the strategic location, the favorable business climate and the support we received make Hampton Roads and Virginia Beach the best location for TAG America Inc.”TAG Chemicals GmbH was founded in 2003 and operates facilities in Germany, South Africa, India and the Czech Republic. The company is ISO 9001:2008 and ISO 14001 certified with core competencies in research and development. The Hampton Roads Economic Development Alliance, along with the Virginia Economic Development Partnership, assisted the company during their decision making process. “Having TAG America Inc. locate in Virginia Beach is one more example of the quality of this region’s Economic Development professionals,” said Rick Bagley, Chairman of the Board for the Hampton Roads Economic Development Alliance. “The City of Virginia Beach and HREDA staff, as well as other staffs from around the region, work closely together in promoting Hampton Roads as the preferred location for companies from around the world. These firms contribute significantly to our overall economic environment and end up forming strong partnership opportunities with our existing domestic companies. It’s truly an exciting process to participate in.”The company will initially hire six employees, with plans to expand as its North American customer base grows. Hiring will begin Spring 2015 after the facility has been modified for their operations. The mission of the Virginia Beach Department of Economic Development is to attract and retain national and international businesses to stimulate capital investment and create jobs. Virginia Beach is the most populous city in Virginia with a population of 440,000, and it is the 37th largest in the United States. It is recognized as one of the Best Run Cities in America by 24/7 Wall St. The Department of Economic Development received re-accreditation through the International Economic Development Council in 2012 and is one of only 29 economic development organizations in the world to have this recognition. It is listed among the Top Five Overall Mid-sized American Cities of the Future, Top 10 for Economic Potential and Top Five for Infrastructure by fDi magazine. CNNMoney.com ranked Virginia Beach as the Easiest Place to Start a Business and the 2nd Most Business-Friendly City in the country. For more information, visit www.yesvirginiabeach.com.
