Swedish investment company plans $43 million project in Innovation Park, creating 32 high-quality jobs
MANASSAS, Va. (July 1, 2026) — Sandberg Development Inc., a Swedish investment company, will build a new U.S. headquarters and advanced manufacturing facility in Prince William County, Virginia, marking a significant international investment in the county’s growing innovation economy.
The company plans to develop an 87,565-square-foot headquarters at 9349 Hornbaker Road in Innovation Park, with future expansion potential of an additional 48,330 square feet. The new facility will be located at a key corner of the park, across from the FBI’s Northern Virginia Resident Agency.
The project is expected to include:
- $43 million in capital investment
- 32 new high-quality jobs
- Average annual wages of $118,000
- 87,565 square feet of new headquarters and advanced manufacturing space
- Future expansion plans totaling 48,330 square feet
- A four-story, Scandinavian-inspired office and manufacturing facility
“Our United States headquarters will provide our North American businesses with a world class facility and serve as a landing point for additional portfolio companies expanding to the U.S. market,” said Matthew Casciano, President, Sandberg Development Inc. “We are excited to build a four-story, Scandinavian-inspired office space with energy-efficient materials that will house advanced manufacturing, robotics, and collaborative workspaces for our employees. This project demonstrates our group’s commitment to the U.S. market and we truly appreciate all the support received from Prince William County.”
New Headquarters to Support Advanced Manufacturing and Robotics
The new corporate headquarters and advanced manufacturing facility will be developed in two phases over the next four years. The building is expected to support Sandberg Development’s North American operations while also serving as a landing point for additional portfolio companies entering or expanding in the U.S. market.
The facility will include energy-efficient materials and modern design elements, with space dedicated to:
- Advanced manufacturing
- Robotics
- Collaborative workspaces
- Corporate operations
- North American business support
Founded in 1959, Sandberg Development currently operates four U.S.-based companies in Prince William County. Together, those companies generate approximately $100 million in U.S. sales and operate across industries that include virtual reality training, optics, and weapons sighting systems.
The companies serve customers including federal agencies, the U.S. military, local law enforcement and the Prince William County Police.
Prince William County Supports International Business Investment
To support the project, the Prince William Board of County Supervisors approved a $1.6 million Economic Development Opportunity Fund grant and an agreement to sell approximately 11.06 acres of county-owned property to Sandberg Development. The property is located between Hornbaker Road and Prince William County Parkway, also known as Route 234.
“We are excited to encourage and celebrate international interest in our growing Nexus234 Innovation District,” said Deshundra Jefferson, Chair-at-Large, Prince William Board of County Supervisors. “Supporting Sandberg Development’s expansion with an EDOF grant is one way Prince William County can showcase our business-friendly climate and our growing opportunity landscape on a global scale.”
The project adds momentum to Prince William County’s efforts to attract international companies, advanced manufacturing operations and innovation-driven investment to the Nexus234 Innovation District.
Aimpoint to Consolidate Operations in New Facility
One of the companies expected to consolidate into the new headquarters is Aimpoint, which Sandberg Development has owned since the optics company was founded in 1975. Aimpoint moved its U.S. headquarters to Prince William County in 2016.
“Sandberg Development represents what can happen when we foster innovation in business,” said Tom Gordy, Supervisor, Brentsville District. “To think what began as a Swedish hunter’s idea for improved accuracy turned into Aimpoint, renowned and trusted by military, law enforcement, and outdoor professionals all over the world.”
Growing Prince William County’s Innovation Economy
Sandberg Development’s new U.S. headquarters represents another major investment in Prince William County’s business and technology ecosystem. With its planned advanced manufacturing, robotics and collaborative workspaces, the project strengthens the county’s position as a destination for international business expansion, innovation-driven companies and high-wage job creation.
The investment also highlights the county’s ability to support companies with global operations as they expand their U.S. presence and scale North American business activity.
About Sandberg Development
Sandberg Development Inc. is a family-owned Swedish investment company founded in 1959. The company has more than 600 employees across 11 subsidiaries and investments in 14 additional companies. Sandberg Development focuses on innovation-driven technologies in water conservation, quality of life and security, with group sales exceeding $300 million in 2025.
Sandberg Development Inc. is represented by Transwestern and Cambridge Development Group LLC in connection with the land acquisition and property development.
