DVM Power + Control and its switchgear factory in West Chester have a new owner who plans on expanding the workforce by at least 50 percent to meet the rising demand driven by artificial intelligence, writes Joseph N. DiStefano for The Philadelphia Inquirer.
“It’s always been our basic premise to manufacture in the U.S.,” with the current administration’s proposed high taxes on foreign-made equipment fueling “an extreme push to become more domestic,” said Jeff Drees, chief executive of electrical-equipment maker Mission Critical Group, which acquired DVM last month.
DVM manufactures power control equipment — desk-sized and room-sized — that keeps digital infrastructure running at some of the biggest companies in the region, including Comcast, DuPont, Merck, SAP, and Vanguard, connected to remote servers, power sources, and backups.
The company employs 90 people in West Chester with smaller facilities in North Wales, Connecticut, and Georgia.
According to Drees, the company will hire “110 to 150 more” people to deal with surging demand.
“I needed to spend millions more this year upgrading our equipment – and even then, we couldn’t do it alone,” said DVM founder Robert Ricci, who kept his role under the new owner. “That’s why we went with Mission Critical.”
Read more about companies like Comcast and Vanguard focusing on DVM Power + Control’s switchgear factory in The Philadelphia Inquirer.
________
