IMS Gear Invests $1.05 Million in Virginia Beach

The German-based manufacturer of automotive equipment will upgrade its CNC cutting machine in Virginia Beach

Governor Ralph Northam today announced that IMS Gear, a German-based manufacturer of automotive equipment, will invest $1.05 million to upgrade its CNC cutting machine in Virginia Beach. The company’s 115 existing employees will be retrained to operate the new machinery with support from the Virginia Jobs Investment Program. IMS Gear is a participant in the Virginia Values Veterans Program, which helps employers recruit, hire, train, and retain highly skilled veterans. In addition, the company administers a registered apprenticeship program through Tidewater Community College.

“IMS Gear exemplifies how global manufacturers are finding success in North America,” said Virginia Beach Economic Development Director Warren D. Harris. “The company has grown exponentially since it established operations in Virginia Beach in 2000. It has also been a leader in training and workforce development. IMS Gear has set an example for other companies with its ability to create innovative training programs to ensure its workers, from interns to management, truly keep on the forefront of high-performance manufacturing.”

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