Government contractor will invest $1.7M on expansion
Government contractor will invest $1.7M on expansion
Courtney Mabeus-Brown// November 29, 2022//
Government contracting firm Technomics Inc. is investing $1.7 million to expand its Arlington headquarters and add 150 jobs, Gov. Glenn Youngkin announced Tuesday.
Technomics is an employee-owned consulting firm that specializes offers a variety of analytics services for federal and international government clients. The company will lease an additional 10,000 square feet at 1225 South Clark St. to increase its capacity to slightly more than 40,000 square feet, and the company is already pursuing the addition of 10,000 more square feet, Chief Financial Officer Thomas Oettinger Jr. said in an email.
Virginia competed with Washington, D.C., Maryland and California for the project.
“Virginia boasts the largest concentration of tech talent in the U.S., and Technomics is a prime example of how an educated and skilled workforce pipeline can contribute to the success of a business,” Youngkin said in a statement. “In addition to talent, Arlington County provides strategic proximity to the company’s primary customers. We congratulate Technomics on this expansion and look forward to its continued growth trajectory in the commonwealth.”
Technomics was established in 1984 and opened its offices in Arlington in 2000. The company employs more than 220 people and it provides a variety of analytical services. Technomics also has offices in California and Michigan, according to its website.
“In these financially challenged times, our federal clients need greater support to help them better manage their scarce resources. Because of its vicinity to many of our clients and employee-owners, Arlington County is the perfect location for our expansion,” Technomics President and CEO Al Leung said in a statement. “In fact, the need is so high that just as our expansion came to a close, we began to actively pursue an additional 10,000 square feet of space — also in Arlington County — to be dedicated to clients requiring compliance with highly specialized technical requirements.”
The Virginia Economic Development Partnership worked with Arlington to secure the project and will support Technomics through the Virginia Jobs Investment Program, which provides consulting services and funding to companies adding jobs to support employee recruitment and training activities.
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