DAO Group, a computer systems company that provides software and hardware services, will move its corporate headquarters to Virginia Beach with a $2.3 capital million investment.
According to the Virginia Beach Department of Economic Development, the company plans to relocate 12 employees from its current headquarters in Chesapeake to Virginia Beach and to add 25 new jobs within 48 months. The annual salaries are expected to average $48,000.
DAO Group purchased 945 Seahawk Circle in Virginia Beach for $1.35 million. The 3-acre site includes a 17,196-square-foot, two-story office and warehouse facility. An additional $1 million capital investment will include the purchase of new mobile computers and printers for a rental program that the company is launching for business customers and for real estate building improvements.
The facility allows for future expansion of its service lines that includes route accounting for more than 200 manufacturers and distributors in the snack food, bakery and beverage industries, including Utz, Wise, Herr's, Coca-Cola, Schwebel's and Nickel's.
