Manufacturing expansion will create 160 new jobs in Southside Virginia
Richmond - Governor Jim Gilmore today announced that Annin & Co. has chosen to expand its manufacturing operations in Halifax County. The company recently purchased Dettra Flag, a five-year resident of the county and decided to expand the old facility. Annin plans to hire 160 employees through a $2.5 million investment.
Henry scores big with expansions of two major furniture makers
Students across Virginia obtain experience through marketing program
Richmond - Governor Jim Gilmore today announced that four Virginia companies have received the prestigious Governor’s Award for Excellence for their participation in the Virginia Economic Development Partnership’s International Market Planning (IMP) Program. Secretary of Commerce and Trade Barry E. DuVal presented the awards to the winning companies and their partnering students and professors at a luncheon today in Richmond.
Company’s expansion in Suffolk will create 130 jobs, save 75
Richmond - Governor Jim Gilmore today announced New Dominion Pictures’ decision to remain in Virginia and expand its operations in the City of Suffolk. New Dominion Pictures, a producer and distributor of television programs, will invest $5.5 million in the expansion, which will initially bring 75 jobs to Suffolk. An additional 130 jobs will be created within 30 months. Virginia successfully competed with North Carolina and Tennessee for the investment.
Innotech, a division of Johnson & Johnson, to invest at least $125 million in Roanoke area
Roanoke - Governor Jim Gilmore today announced that Innotech, a division of Johnson & Johnson, plans to locate a new $125 million-plus vision products production facility in the City of Roanoke. The company will create up to 600 new jobs within three years of opening. The investment is the largest new plant investment in Roanoke Valley history.
Japanese company will create 200 new jobs, $37 million investment
Richmond - Governor Jim Gilmore today announced that Koyo Steering Systems of USA, Inc. will locate an advanced technology facility at the Botetourt Center at Greenfield, in Botetourt County. The new facility will be the U.S. headquarters of steering systems and will be the first to manufacture electronic steering systems. The company plans to hire 200 people within the next three to five years through a $37 million initial investment.
DynaMarketing’s new facility will create up to 200 new jobs in Virginia
Richmond - Governor Jim Gilmore today announced that DynaMarketing will locate a new multi-million dollar facility in Spotsylvania County, creating up to 200 new jobs for the citizens of Virginia.
"I am pleased to welcome DynaMarketing to Spotsylvania County," Governor Gilmore said. "This venture will help to support Virginia’s unprecedented economic growth and create more positive job opportunities in the Commonwealth."
German transportation company to create 100 jobs in South Hampton Roads
Richmond - Governor Jim Gilmore today announced that Innovations in Transportation, Inc. (INIT) has decided to locate its North American headquarters in the City of Chesapeake. INIT is a leading provider of computer-integrated Intelligent Transportation Systems throughout Europe and the United States. The company plans to hire 100 employees within five years and will initially invest $2 million in the facility.
Governor Gilmore announces new business rankings from Site Selection magazine
Richmond - Governor Jim Gilmore today announced that Site Selection, a widely-read economic development trade magazine, has ranked Virginia among the top 10 states in 1998 economic development announcements. With 462 announcements of new and expanding businesses recorded last year, Virginia was the seventh most successful state in the nation. The magazine has tallied this annual industry benchmark for more than 25 years.
Icicon Electronics will create 80 new jobs, bring $2.5 million investment to Buchanan County
Richmond - Governor Jim Gilmore today announced that Icicon Electronics India, Ltd. will locate a new manufacturing facility in Buchanan County. The company will manufacture multilayer ceramic chip capacitors at the new facility. Icicon will create 80 new jobs for Virginians through an initial investment of $2.5 million.