Power Stow, a Danish provider of airline baggage conveyor systems, will hire 25 people over the next three years at a new plant and U.S. headquarters in Gwinnett County.
The factory, Power Stow’s first outside Denmark, will make its Rollertrack baggage loading system, which pulls up alongside planes and allows baggage to be rolled up into their cargo holds. The product helps airlines save fuel costs by allowing them to get rid of heavy conveyor systems built into the planes, the company says.
“Before launching these operations in Georgia, all of our production was handled in Denmark, which made it difficult to reach customers in the North and South American markets,” Ben Reeves, vice president for Power Stow Americas Inc., said in a statement.
The Gwinnett plant is located in a 20,000-square-foot facility in Norcross. It’s within an opportunity zone, a local development area designated by the state to receive special incentives.
Companies setting up within the zones can apply for tax credits worth up to $3,500 for each new job created, and the credit can be used annually for up to five years by companies with two or more employees.
Power Stow joins about 40 companies from Nordic countries with a presence in Gwinnett County, which is home to more than 500 internationally based companies.
Danish companies tend to provide high-tech products that provide cost savings and environmental benefits for our customers, said Christopher Smith, a Macon attorney who is Denmark’s honorary consul in Georgia.
“The investment relationship between Denmark and Georgia is strong and growing. Interest in expanding into the U.S. market is very high,” said Mr. Smith, who late last year spoke at investment seminars in Denmark. “I am confident that 2014 will be another good year for Danish inbound investment in Georgia.“
As of April 2013, Georgia had 56 Danish facilities, including nine manufacturing plants. One example is the Dinex Group’s has one of the largest, a $15 million plant making exhaust and emission systems for
Learn more about Georgia’s connections with Denmark here.
Learn more about Power Stow here or see a diagram of the product here.
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