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Scoop: State, city deal to keep Manassas firm from moving to Maryland 

High Purity Systems will hire 105 new employees and move to a new headquarters three times the sizes of its current digs.

  • It’s an $8.5 million investment for the city.

The firm makes pipes and performs welding services for hospitals, biopharmaceuticals, and micro-electronics makers such as Manassas-based Micron. It has also produced piping for the Wallops Island, Virginia NASA launch facility.

  • Historically, most of High Purity’s customers have been in the Interstate 270 corridor in Maryland
  • It was going to relocate to the state.
  • Virginia officials began working with the company in March to convince it to stay.
  • The firm has been in Manassas for 30 years.

The company’s new headquarters on Euclid Avenue will be three times the size of its current location.

  • The expanded company will be located on Euclid Avenue in Manassas, in the site of the former Tom’s Trucking headquarters.
  • 105 new employees will be hired.
  • 12 new employees have been hired since March.
  • Average annual salaries will be $104,000.

The deal was approved last night by Manassas Economic Development Authority (EDA), said city Economic Development Manager Nicole Smith.

  • EDA will give a $150,000 cash grant to the company.
  • A clawback clause will mean 100% repayment of the grant if the company closes in the first year.
  • 20% repayment if the company closes in years two through five (ie: the company pays back 80% if it closes in year two).
  • The firm will also receive $260,000 in state tax credits.

The EDA estimates a $25,000 annual return on investment.

  • Most of that will be paid by the firm in city machinery and tools taxes.

This latest company announcement brings the total private investment in the city to $3.3 million in a little over a year.

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  • I'm the Founder and Publisher of Potomac Local News. Raised in Woodbridge, I'm now raising my family in Northern Virginia and care deeply about our community. If you're not getting our FREE email newsletter, you are missing out. Subscribe Now!

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