A company that makes submachine guns for use by the military and police plans to hire 35 workers and spend $4 million to relocate its headquarters to Oceana West Corporate Park, the city announced Tuesday.
Transformational Defense Industries Inc., which already operates a 4,000-square-foot local production facility, will move its headquarters from Washington, D.C., and lease an additional 5,000 square feet, according to a news release.
The company, a subsidiary of Switzerland-based Gamma Research and Technologies Holding SA, currently employs 24 workers locally and five in Washington.
The firm manufactures several guns designed to substantially reduce recoil and muzzle climb when fired. Among its models is a .45-caliber submachine gun called the KRISS Super V. The guns range in price from $1,700 to $2,200.
TDI will relocate four workers to Virginia Beach and begin hiring the 35 additional workers in the coming months, said Andrew Finn, its senior vice president and chief financial officer. Those new jobs - which will include midlevel management, engineers and technicians - will have an average salary of $72,778, according to a city news release.
Finn said the move was necessary to continue to expand the company's production, research and development of firearms and accessories.
The Virginia Beach Development Authority gave initial approval on Tuesday for a $45,000 incentive grant for building upgrades and employee training.
"Virginia Beach is focused on growing its defense and high performance manufacturing industries," Warren Harris, the city's economic development director, said in the news release. "This company fits that bill."
Josh Brown, (757) 446-2318, josh.brown
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as long as these new residents
don't expect their kids to be hanging out at MacArthur after 5, I am sure they will enjoy VB. Welcome!
Gun Manufacturer
We sure seem "earthy" in this part of Virginia with a tobacco manufacturing plant owned by the Japanese opening in Danville and now a gun manufacturer in the Beach. Where are the high-tech jobs?
high tech jobs?
In a blue collar town?
Right here
Hiring engineers and technicians...these are high tech jobs.
In...
... NoVa and MD
To add...
Raliegh also.
Gun Manufacture to the Beach
Fishead—are you really that clueless? Race has absolutely nothing to do with the issue. There are two reasons for the 2nd amendment. 1st If a robber or rapist sticks a gun in your face, no matter what color he or she is you have one of two choices, Become a willing victim or a legally armed self defending citizen. I choose the later. 2nd and maybe most imporntly is so if and when the Government and our so-called leaders in this great nation become so overbearing and socialist, the direction Mr. OBAMA is going, and try to take away our rights and freedoms “WE THE PEOPLE” have the means to stop them!! Our Forefathers did not win our freedom by passing legislation and social programs, they fought and died for it and this may be a news flash but they had and used guns to do it!
Welcome, TDI
I’ve read a couple articles on the KRISS, photos…. My thoughts are it’s a well done piece but darned if it ain’t ugly. Then again so are Glocks and I won’t carry anything else.
I hope the company finds ‘duh beach’ good for business. Maybe expand in the future and employ more people. I’d be more than happy to test fire the things for less than $70,000.00 a year.
TDI
The gun that is to be built here is designed to fire a large caliber round that is more lethal than the standard 9mm round that the Heckler&Koch MP5 fires. The MP5 is a excellent weapon for indoor close combat situations when clearing and securing a building from an unfriendly enemy. Special forces all over the world have used the H&K MP5 and other fine weapons that fire the 9mm cartridge with great success. There are some in that line of work that prefer the old Thompson's. Problem with the Thompson 45 machine gun is a phenomenon call muzzle climb. When you fire it, it is harder to keep it on target because it has a bit of kick to it. TDI solved the problem by redesigning the 45 cal machine gun. It has something to do with how the gas (exhaust from the cartridge) is discharged while firing the weapon. The new design allows greater accuracy by eliminating muzzle climb. Muzzle climb is when the barrel of the gun rises when fired. Without that, the operator can keep the weapon precisely on target. A 9mm will kill but bad guys can still fire back a few rounds before hitting the floor. The .45 round has serious knock down power and does much more damage to the bad guy's body. The ba
Didn't Know They Were Manufactured
I saw a KRISS Super V carbine at the gun store/range on Lishelle by Lynnhaven Mall. It's such a strange looking gun I'd thought it was somebody's homemade conversion of some regular pistol. I didn't realize it was designed and built that way by a real company. I don't like going to that range at all, since there's at least three better ones in the Southside, but I might just have to go there to try that out.
And congrats to Virginia Beach on this good fortune. 35 jobs averaging >$70k a year? Well, that's more than I make... I wonder if they're going to be transferring people from their current location, or hiring here...
Amazing . . .
A manufacturing company that is located here in the U.S. AND has its headquarters here? This sort of business behavior needs to be encouraged!
Perhaps
The company can diversify and manufacture other civilian firearms too. For the past year firearm sales have been through the roof and ammunition as well. This is a great time to sell firearms and for firearm related sales too.
It's interesting that firearms last longer than cars, household appliances etc but folks keep buying new and better models in spite of the state of the economy or the fact that people collect firearms whether they 'need them' or not and are a good hedge against inflation.
Bravo I say!
Obama gonna take our guns.
Obama gonna take our guns. Gotta stock pile 50 and pallet loads of ammo cuz Obama gonna take our guns.
you mean there is hope?
Can it be true that Obama will take away your guns? Probably not, but it's good to know the possability may exist and in the near future.
Sorry, Gertz. It's just a
Sorry, Gertz. It's just a tactic used to scare children, the debased radical right base and those that think like them. Guns are here to stay.
No Ethan
Sorry Ethan, what you are saying is not true - it's just a rumor started by gun dealers in order to inflate prices and pump up sales.
I suspect that Ethan was joking
I believe his post is a shot in the ribs to the dogwhistle directed at the rightwing base (the secessionists et al), which has resulted in skyrocketing demand for guns and ammo. So much so that some ammo is hard to get. A dogwhistle trumpeted by the NRA to increase their membership coffers and to get out the vote for the SarahSpice+GeorgeBush3 ticket back in November... back when everything was perfect... before Nobama took office ;) Its a dogwhistle to the base in the same manner that obama is 'hiding his birthcert', that he's a 'muslin', an 'untrustworthy arab', educated in a madrassa, etc etc.
And if Ethan was not joking, he actually was.
I was kidding. I've seen the
I was kidding. I've seen the ammo shelves at local stores. I've heard the stories of entire trailer (as in tractor trailer) loads of ammo selling in a day. There are more guns than people, it'd be impossible to pull all the guns back. And all the cool stuff is already illegal for normal citizens to own.
actually
It's true that President Obama won't "take our guns away" but it isn't because of a lack of desire - he just knows he can't. His public statements (prior to his run for the Presidency) make clear that he does not believe that the Constitution affirms an individual right to bear arms. He has said that if he had his way no private citizen would own firearms. It is only because he knows that the American public would not stand for disarmament and that the Congress would not support legislation doing so that he isn't inclined to try.
well
Once congress gets the 'Healthcare Reform' through things are going to change. While they won't be able to just take our guns the effort will be put forth to make it too costly to own. How? Legislation will dictate that guns, like cigarettes, add risk to your health. They will levy a 'tax' if you want to keep a weapon in your home. If you play then you'll pay dearly. If you deny having a weapon then pray nothing happens where you have to use it or an accident occurs. You'll be in violation of the new 'health' code and the cost will be even greater! The Dems and anti-gun zealots have wanted to separate law-abiding citizens from their guns for many years. This is their biggest opportunity towards achieving that goal.