Electronics supplier announces $1.9 million expansion plan
Vanguard EMS to add 15 jobs in enterprise zone relocation
Vanguard EMS plans to expand to a vacant, 76,000-square-foot building at 3725 S.W. Hocken Ave., and add 15 new jobs as part of an estimated $1.9 million dollar investment in the city of Beaverton's new Enterprise Zone, city officials announced today.
An electronic manufacturing services supplier with 144 employees, the company plans to expand into the vacant building from its current location on Sunshine Court. The company plans to increase its payroll by 10 percent over the next five years in the zone, which provides up to a five-year waiver on property taxes.
Founded in 1988, the company caters to companies in medical, defense, industrial, and the test and measurement markets.
We are delighted to stay in Beaverton, said Floyd Sutz, chief executive officer of Vanguard EMS. Our new facility is located close to light-rail for our employees and has the power and space to accommodate our customers growth plans.
Mayor Denny Doyle praised the company's decision, which follows Vernier Software and Technology as the city's second to successfully apply for the E-zone designation.
Vanguard is an important Beaverton business and were happy to have retained them, he said. The family-wage jobs are vital to our economy, and were excited to put this long-vacant building back into use.
Vernier announced a $2.8 million expansion plan at its headquarters at 13979 S.W. Millikan Way earlier this year.
The city's E-zone was approved in July 2012, with two expansions including the most recent one in March bringing the zone to 2.93 acres, including .64 square miles of unincorporated Washington County land under a consent agreement that would enable companies just outside of Beaverton city limits access to the tool. The zone, now includes approximately 4.5 square miles, with more than 1,300 companies that could potentially benefit.