RICHMOND, Va. — A $1.7 million expansion of the company Technomics, Inc., is expected to create 150 new jobs in Arlington, Virginia.
Gov. Glenn Youngkin announced the expansion of the cost engineering and data analytics company on Tuesday. He said the company is leasing an additional 10,000 square feet of space at 1225 S. Clark Street to increase capacity.
Virginia successfully competed with Maryland, D.C., and California for the project, which officials say will create 150 new jobs.
“Virginia boasts the largest concentration of tech talent in the U.S., and Technomics is a prime example of how an educated and skilled workforce pipeline can contribute to the success of a business,” Youngkin said. “In addition to talent, Arlington County provides strategic proximity to the company’s primary customers. We congratulate Technomics on this expansion and look forward to its continued growth trajectory in the Commonwealth.”
Established in 1984, Technomics is a 100% employee-owned company focused on providing U.S. and international government clients with analytical-based services to help them make better decisions faster.
While its roots are in cost estimating and analysis, officials with the company say its services now extend to a wide range of analytic capabilities that drive organizational cost analysis maturity, support portfolio optimization, and provide actionable insights through smart data management and data analytics.
“We welcome Technomics’ decision to expand its footprint in Arlington and its ongoing contributions to our community’s economy,” said Katie Cristol, Chair of the Arlington County Board. “We believe Arlington’s proximity to the nation’s capital and federal client base, as well as our talented tech workforce and business resources, will be an asset as Technomics continues its success.”
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