#United States #Holland Industrial #Hitachi #Atkins Virginia #Atkins

Holland Industrial Group Revitalizes Atkins, Virginia

The Holland Industrial Group has made significant strides in revitalizing a substantial industrial facility located in Atkins, Virginia. Boasting a capacity of 76,000 square feet, this facility was acquired as part of a strategic sale-leaseback deal with a major automotive manufacturer that is winding down its operations. The acquisition reflects Holland's expertise in transforming underused industrial properties into dynamic economic centers.

Once the deal was finalized, Holland Industrial Group set forth on a comprehensive upgrade of the facility. This plan involved targeted improvements designed to increase the property's value and make it appealing to prospective high-quality tenants. This proactive strategy has yielded promising results, including a significant partnership with Hitachi, a global powerhouse in energy and technology solutions.

With its growing presence in the U.S., especially in Virginia, Hitachi has made substantial investments in advanced manufacturing. For instance, the company recently completed a $37 million expansion of its transformer manufacturing facility in South Boston, Virginia, which resulted in an additional 26,000 square feet and the creation of 165 new jobs. There was also a $6.2 million enhancement to its dry-type transformer manufacturing site in Bland, Virginia, finished in 2021. These developments underline Hitachi's commitment to addressing rising demands in the energy and utility sectors.

The new collaboration at the Atkins facility marks a significant milestone in Hitachi’s U.S. growth strategy. The revitalization not only supports the company's operations but also aims to foster economic development in the Southwest Virginia region. Alex Holland, the President of Holland Industrial Group, expressed enthusiasm for the project, stating, "We are thrilled to have facilitated Hitachi's arrival in Atkins, Virginia. This project exemplifies our mission to breathe new life into industrial properties, creating opportunities that benefit businesses and local communities. Hitachi's investment in this area will yield jobs, innovation, and continuous growth in a region well-positioned for economic development."

The strategic efforts of Holland Industrial Group to unlock value, enhance industrial properties, and cultivate important partnerships illustrate their strong commitment to community revitalization and fostering industrial innovation. Their work in Southwest Virginia offers a blueprint for future developments, emphasizing the importance of collaboration between private enterprises and local communities in driving sustainable economic growth.

For further details about Holland Industrial Group and their transformative initiatives within the industrial landscape, you can visit their official website at www.hollandindustrialgroup.com.