Global Technical Systems to Build Green Energy Facility

​The $54.7 million project will create 1,100 new jobs with salaries averaging $74,000.​
GTS rendering of building birds eye viewGlobal Technical Systems (GTS), a premier provider of advanced engineering solutions for defense, homeland security and related U.S. government and international customers, is investing nearly $55 million in a new electro-mechanical energy storage system manufacturing operation at the site of the former Owl’s Creek Golf Course off Birdneck Road. 

The company will construct a 500,000-square-foot advanced manufacturing center on approximately 30 acres currently owned by the City of Virginia Beach to produce and distribute 100 percent green energy storage systems using advanced composites and engineering technologies. 

Virginia Beach competed successfully against Florida, Mississippi, Oklahoma and Washington, D.C., for the project, which will create 1,100 new jobs with an average annual salary of $74,000. Construction will begin in the first quarter 2018, and the facility will be operational in 2019.

GTS building rendering of landscaping from street viewFounded in Virginia Beach in 1997, GTS is a family-owned small business led by Terry and Yusun Spitzer. They traditionally have provided innovative high-tech engineering products and engineering services for commercial and Department of Defense customers from around the world, but saw an opportunity to create a new business model based on groundbreaking advances in carbon fiber technologies. The company will work with local and regional workforce partners to develop customized training programs for new employees.

The new technology developed by Global Technical Systems to store energy uses advanced carbon fiber technology to create a clean electro-mechanical device that stores energy without using any hazardous chemicals. Energy can come from any source such as solar, power grid, wind or water and be released upon demand when needed. This environmentally friendly scalable technology can be extremely impactful around the world for developing countries in a variety of institutional, commercial and residential applications.

Creating well-paid, 21st-century jobs is fundamental to the City Council’s mission to create a sustainable and diverse innovative economy. With this new facility, GTS anticipates rapidly expanding to capture an emerging trillion-plus dollar grid storage market that will reshape the way our utilities address modernization.

The Virginia Beach Development Authority is scheduled to approve an Economic Development Incentive Program grant on Dec. 19 in the amount of $1.8 million based on the company’s capital investment and job creation. 

Governor Terry McAuliffe approved a $1.8 million grant from the Commonwealth’s Opportunity Fund to assist with the project, as well as a $3 million performance-based grant from the Virginia Investment Partnership program. Funding and services to support employee training activities will be provided through the Virginia Jobs Investment Program. The company will also be eligible to receive a Major Business Facility Job Tax Credit from the Commonwealth of Virginia.

Global Technical Systems to Build New Green Energy Facility that Will Generate More than 1,100 New Jobs

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