Kaishan Compressor USA unveiled its new geothermal power generation company, Terravanta Power Systems, yesterday when it broke ground on a $74.5 million, 200,000-square-foot manufacturing and assembly facility in Loxley.
“Many companies entering the energy sector start with an idea,” said Keith Schumacher, CEO of Terravanta Power Systems. “We are starting with many years of experience in engineering, operations, exploration and manufacturing. That gives us a different perspective and a different level of capability from day one.”
According to a release by Kaishan Group, parent of Kaishan Compressor USA, expanding geothermal development will require manufacturing capacity, specialized equipment and industrial expertise to support projects across the nation. Terravanta is being created to fill that need. Kaishan Group has more than 70 years of experience in manufacturing, power generation and geothermal development.
“The city of Loxley is proud to welcome Terravanta Power Systems to our community,” said Richard Teal, mayor of Loxley. “This $74.5 million investment and the creation of 63 new jobs represent another significant milestone in Loxley’s continued growth and economic development. We are excited that Terravanta Power Systems has chosen Loxley as the home for this innovative manufacturing operation supporting the future of geothermal energy.”
Since 2017, Kaishan Compressor USA has maintained a manufacturing and operations presence in Loxley. The new facility for Terravanta will manufacture advanced screw and turbine expander systems. The company’s modular wellhead designs, powered by efficient expanders, will provide a competitive advantage in the marketplace, according to the company.
“Terravanta Power Systems is an exciting addition to Baldwin County’s growing industrial sector and a testament to the success the Kaishan Group has already found here in Loxley,” said Lee Lawson, president and CEO of Baldwin Alliance.
