HENRICO, VA (WWBT) – It's a new life, for the old Qimonda plant in eastern Henrico County. Last week, the state announced a Georgia-based firm is buying it. We're learning that most new jobs at the plant, are still months away from being available.
The old: is Qimonda. The new: is Georgia-based Quality Technology Services.
What was once a memory chip manufacturing plant will one day house the Internet servers of big organizations...perhaps even those of the federal government. As the new owner, QTS will go out and find customers to bring their business, here.
"It has a great reputation for building data center campuses, for managing them, and in this case they're gonna have a presence on campus," said Christie Miller of the Virginia Economic Development Partnership, which marketed the site.
"We believe it will be very appealing to large companies," said Tesh Durvasula, Chief Marketing and Business Officer for QTS.
QTS plans to hire ten staffers starting this Fall, and grow the payroll above 40, in the future. Private companies or government entities would likely hire additional people by the end of the year, or in 2011.
"The market has been phenomenal for all three segments of our business," Durvasula said.
It's finally a positive step at the same place where Qimonda employees protested the loss of their jobs in a bitter bankruptcy fight. The plant once assessed at $155 million was later bought by QTS for the bargain price of only $12 million.
ANDY: "So you guys got a heck of a deal in this?"
TESH: "Haha, that's one way of putting it."
Now, as the economy rebounds, regional partners see the potential for this property, and beyond.
"The quantity and the quality of our inquiries has definitely increased, so we're headed in the right direction," Miller said.
In a statement, Gov. Bob McDonnell -who campaigned on job creation- applauded the purchase, saying it will create one of the largest data center operations in America.