Atlanta Aerotropolis Economic Development Incentives Help Secure QGistix Operations Center

QGistix, an L.P. Hench Company that repairs and refurbishes electronics that would otherwise be scrapped, is locating their reverse logistics operations center in the Southwoods Business Center adjacent to Atlanta’s Hartsfield-Jackson International Airport.

QGistix

QGistix (photo – qgistix.com)

The Boynton Beach, FL-based company is taking up 32,000 square feet of space and bringing 13 employees to the new QGistix facility, with plans to hire as many as 150 employees within two years.

The company processes half a million service parts annually, turning low-voltage electronics “junk” destined for scrapping and landfills into fully functional parts, charging only a fraction of the cost of buying a completely new part.

QGistix chose the location, which falls under the Atlanta Aerotropolis trade area, due to multiple factors.

Mark Sherman, vice president of Operations for QGistix, said the Atlanta area was a natural choice for a company such as theirs whose material arrives and departs by truck because of the central location which is within two days’ drive of most major population centers.

Secondly, Sherman also noted that the location is part of the Mountain View Opportunity Zone, which he said was more compelling because of the payroll-based tax credits available to companies in the zone and its proximity to a major airport hub.

Sherman added that reverse logistics of electronics is a labor-intensive process, so a primary driver for their site selection process was the selection of a top-tier Opportunity Zone. He also said they are proud to be bringing electronics jobs to the area and quite happy with the quality of employees they have managed to recruit so far.

The Atlanta Aerotropolis trade area, including Mountain View, is already home to a number of airport-related businesses and international freight and logistics firms.

Clayton County Economic Development Director Grant Wainscott said that this special redevelopment district is one of the most incentivized areas in Georgia.

Companies that locate or expand in this area are eligible for a host of federal, state and Atlanta Aerotropolis trade area economic development incentives. This includes a $4,000 tax credit per job created under Georgia’s Opportunity Zone program, in addition to financing credits through special programs such as NMTC and EB-5 foreign investments. Not to mention infrastructure assistance through a Tax Allocation District.

Clayton County Commission Chairman Jeff Turner said the whole point of incentives is to drive new jobs and investment to the community, and they are pleased to see all the hard work is paying off.

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