Today Torch Technologies and partner Freedom Real Estate & Capital announced a major construction project to build a Technology Integration and Prototyping Center. The announcement was celebrated with a groundbreaking event at the site of the new facility with dignitaries Governor Kay Ivey, Congressman Mo Brooks, and Mayor Tommy Battle speaking at the event.
Ivey posted on social media, “Headquartered right here in AL, @TorchHuntsville is known for providing superior research, development, and engineering services to the Department of Defense. I’m proud to hear their investment of more than $6 million dollars to expand.” Ivey said that the project will create 40 more good-paying jobs. “Growing businesses and creating opportunities for Alabamians is a process; one I’m proud to say, we’re celebrating here today in Huntsville.”
The new building will include the construction of a new 35,000+ SF lab and solutions facility. Construction of this new building will allow Torch to undertake projects of greater complexity, “ranging from developing instruments that will completely change how warhead testing is accomplished to re-engineering products that protect our nation,” said Torch President John Watson. According to Freedom’s founder and CEO Bill Roark, “it has been more cost-effective to renovate, which is money that we save for our employee-owners and pass on to our customers. We have always valued serving our community and trying to be a good corporate citizen, so it seemed like a natural fit when the mayor asked us to consider staying in south Huntsville and developing this property.”
It’s this way of doing business that named Torch a winner of the Chamber of Commerce’s 2018 Best Places to Work in Huntsville award, marking Torch’s fifth time to receive this honor, with previous wins in 2017, 2016, 2012, and 2008. In 2017, Torch was also ranked number 16 on the Entrepreneur 360 list and was named one of America’s Best Small Companies by Forbes.
Original Article Sources: AL Reporter AL.com, Torch Technologies, HSV Chamber