Plasser American Corporation signed a contract Aug. 28, 2020, finalizing plans to expand its Chesapeake, Va., facilities. Plasser American calls the signing of the contract “a new era” and says the expansion shows the company’s commitment to the city of Chesapeake and the rail industry that utilizes its equipment.
The expanded facility will include a new office building that will be completed in 2021, expansion of its assembly and warehouse area to 229,000 square feet to be completed by 2022 and campus enhancements that will completed by 2023.
Plasser American says output will be increased by more than 100 percent due to the new assembly production flow, the efficient design of the workspaces and additional employees.
The $52.6-million expansion project will be done by local companies and create approximately 98 new jobs for the area.
“This historical project is our proof of trust in the North American railroad system and confidence in the U.S. economy. I am proud of our company's development in the United States over the last six decades and here in Chesapeake for already 50 years. This milestone is our chance to show our commitment to the region and to support local talents, employees and suppliers,” said Plasser American President Thomas Blechinger.