ATLANTA, April 10, 2012 — The Georgia Department of Economic Development (GDEcD) announced today that Germany-based Ritz Instrument Transformers is expanding the company’s product line and plans to create 50 new full-time positions, doubling its current workforce.
“Georgia continues to appeal to international manufacturers such as Ritz who are looking to expand their U.S. footprint,” said GDEcD Commissioner Chris Cummiskey. “Our ongoing focus on workforce development, providing a business-friendly environment, and Georgia’s logistics network make our state a welcoming location for growing industry.”
Ritz Instrument transformers will invest $1 million in expanding its U.S. presence by installing new medium-voltage instrument transformer production and an epoxy resin mixing plant in its Hart County, Ga. factory, located on Interstate I-85. The facility, which located in Georgia in 2008, also serves as North American corporate and sales headquarters.
“With the support of county and Georgia state officials, Ritz has become firmly rooted in Hart County. The availability of a motivated and trainable workforce has allowed us to start up manufacturing non-traditional Ritz products and to quickly carve out a respectable market share,” said Dave Dearlove, CEO of Ritz USA. “We anticipate that organic growth in the types of products we currently manufacture will create an even larger demand for workforce expansion, and the Work Ready program will help us locate the people we need.”
“The Hart County Board of Commissioners is very pleased to see Ritz Instrument Transformers aggressively growing its business and workforce,” said R.C. Oglesby, Hart County Board of Commission Chairman. “Ritz was one of Hart County’s first German-based companies, and it has continued to be an outstanding member of our business community.”
“This expansion represents a significant commitment by Ritz in Hart County and we are excited by the positive impact these job opportunities have for our local area citizens,” said Douglas Cleveland, Chairman of Hart County Industrial Building Authority.
Suzanne Browne, Region 2 Project Manager for the Georgia Department of Economic Development, assisted with the company’s expansion.
About the company
The RITZ company was founded in 1945 by Dr. Hans Ritz with the goal of making the instrument transformer the most reliable part of the electrical power system. With the addition of the Hartwell facility, the RITZ Group consists of seven factories located in five countries around the world. RITZ is the world’s largest manufacturer of instrument transformers in the 600 V through 72 kV range. Its many important clients include Siemens, ABB, AREVA and most large electrical utilities. The company has been able to grow and prosper by focusing on maintaining a very high quality standard, product innovation and cost-effective lean manufacturing. In addition to instrument transformers, the group also manufactures cast coil power transformers, resin insulated bus bar systems and specialty resin products.
The Georgia Department of Economic Development (GDEcD) plans, manages and mobilizes state resources to attract new business investment to Georgia, drive the expansion of existing industry and small business, locate new markets for Georgia products, inspire tourists to visit Georgia, and promote the state as a top destination for arts events and film, music and digital entertainment projects. Visit www.georgia.org
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