THE VIRGINIAN-PILOT
Copyright (c) 1997, Landmark Communications, Inc.
DATE: Tuesday, January 7, 1997 TAG: 9701070275
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
SOURCE: BY MYLENE MANGALINDAN, STAFF WRITER
LENGTH: 44 lines
Del-Tek International, a wholesale distributor of printer components, will consolidate its operations in Virginia Beach, the city said Monday.
Del-Tek is the fourth high-technology company to locate or consolidate in Virginia Beach in the past year. The move is a sign that the city's strategy of ``targeting'' industry sectors for recruitment is paying off, economic development officials said.
Virginia Beach is ``a good place to do business from the standpoint of the cost of business,'' said Donald L. Maxwell, director of the Virginia Beach Department of Economic Development. Hampton Roads' affordable, plentiful and highly skilled labor pool makes a Virginia Beach location a huge draw for companies from more expensive regions, he said.
Other high-tech companies that located or consolidated in Virginia Beach over the past 12 months are Oceana Sensor Technologies, Unisys Corp. and NGK-Locke Polymer Insulators Inc.
Del-Tek International is the holding company for Delacamp Imaging Corp., which sells toner supplies, organic photo conductors and replacement parts to remanufacturers of toner cartridges, said Leslie Mitchell, executive corporate manager for Del-Tek. Delacamp also sells desktop and wide format specialty papers for ink jet printers.
The company will employ 110 people in a new 53,000-square-foot industrial building on International Parkway in Oceana West Corporate Park. The company will consolidate operations from San Jose, Calif., its current headquarters where 32 people are located, and those in Chesapeake, where it operates a warehouse, into the Virginia Beach location.
Del-Tek's capital investment will reach between $300,000 and $500,000 in personal property, machinery and tools over the next two to three years.
Hourly employees will earn between $15,000 and $16,000 a year. Salaried staff will earn $40,000 to $45,000, an economic development official said. A few of the staff will consist of transfers from Del-Tek's San Jose offices, but 95 percent of the staff will be local hires, said Robert Ruhl, a business manager for Virginia Beach's Economic Development Department. Del-Tek signed a 10-year lease.
Del-Tek has sales and distribution centers in Virginia, Texas, California, Canada, Mexico, Australia, France, Germany, the Netherlands, New Zealand and the United Kingdom.