REMANUFACTURER M.V.M. TECH MOVES HQ TO WASHINGTONG D.C.

[Anonymous]

REMANUFACTURER M.V.M. TECH MOVES HQ TO WASHINGTONG D.C.

MVM Technologies Inc. will move its headquarters and manufacturing operations from San Clemente, Calif., to the east campus of St. Elizabeths and the PR Harris Educational Center, both in D.C.’s Ward 8.The announcement was delivered Monday morning by John Marsh, MVM’s senior vice president for government relations, at the tail end of Mayor Vincent Gray’s update on his economic development initiatives. MVM manufactures printer supplies, including inkjet and toner cartridges and inkjet refill kits, as well as tracking devices, sensors and semiconductor packaging.The company plans to open a new headquarters on the St. E’s east campus and a manufacturing and distribution facility at PR Harris, which currently belongs to the Community College of the District of Columbia. In its first year of operation, Marsh said, MVM plans to employ more than 270 D.C. residents, and 2,800 after three years.

The project is the subject of an $80 million Industrial Revenue Bond package currently before the D.C. Council. The legislation calls for MVM to renovate, equip and furnish one building on the St. E’s east campus, roughly 41,000 square feet, as its headquarters and another 125,000 square feet of the PR Harris Education Center, at 4600 Livingston Road SE, for use as a "manufacturing and distribution facility."The move to St. E’s could come at the end of this year, Marsh said, but it’s unclear how: The master plan for the campus is still being developed and the entire campus remains unzoned.

Marsh cited MVM CEO Dan Loyer’s "vision of establishing manufacturing facilities in economically challenged cities in the United States," as the chief reason for the 3,000-mile relocation. The business reason, he said in a later interview, is the federal government’s presence here."We could have moved anywhere and still sell our products," Marsh said. "There’s no doubt the federal government is a tremendous customer."

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June 29, 2011 at 10:09 AM