RICHMOND - Governor Bob McDonnell today announced that Orion Air Group, one of the world’s leading operators of business aircraft, will invest $4 million to consolidate its Virginia operations in the City of Newport News. The company, headquartered in Yorktown, Virginia, outgrew its current location and will develop a hangar and office space complex at Air Commerce Park located at the Newport News/Williamsburg International Airport.

RICHMOND - Governor Bob McDonnell today announced that Virginia Casting Industries, LLC, will invest $9.1 million to establish a ductile iron components manufacturing operation in the City of Radford, creating 300 new jobs. The company will occupy the former Intermet New River Foundry facility. Virginia successfully competed against Michigan for the project.

RICHMOND - Governor Bob McDonnell today announced that Phoenix Packaging Operations, LLC, a subsidiary of Phoenix Packaging Group, will invest more than $20 million to establish its first U.S. operation in Pulaski County. The company will manufacture thermoformed rigid plastic packaging for customers in the U.S., and also establish its North American headquarters in Pulaski. The project will create 240 new jobs. Virginia successfully competed against Georgia, Kentucky, North Carolina, Tennessee and West Virginia.

RICHMOND - Governor Bob McDonnell today announced that Virginia has been awarded Site Selection magazine’s 2010 Competitiveness Award. The award began in 2003 as a benchmark that measures state economic development agencies’ competitiveness—the most important factor in an agency’s ability to attract capital investment and expand economic activity in the state.

RICHMOND - Governor Bob McDonnell today announced that Faneuil, Inc., a provider of customer support solutions for government and private sector customers, will invest $2.4 million to establish a customer support center in Martinsville to service its Dominion Virginia Power contract. Faneuil will also supplement with additional contract work. Lieutenant Governor Bill Bolling joined business and government leaders today on the Governor’s behalf to announce the project, which will create 250 new jobs.

RICHMOND - Governor Bob McDonnell today announced that Northrop Grumman Corporation, a leading global security company, will relocate its corporate headquarters from Los Angeles to Virginia, creating 300 new jobs in the Commonwealth.

RICHMOND - Governor Bob McDonnell today announced that EcomNets, a company dedicated to advancing energy efficiency in data centers and business computing ecosystems, will invest $1.94 million to establish a green computer, server and storage area network manufacturing operation in Danville. The project will create 160 new jobs.

RICHMOND - Governor Bob McDonnell today announced that QTS (Quality Technology Services), one of the nation’s largest and fastest-growing privately held providers of data center facilities and managed services, has acquired the former 1.3 million square-foot Qimonda facility, which includes nearly $1.1 billion dollars of existing state-of-the-art infrastructure in Henrico County. QTS will invest more than $100 million over the next three years to retrofit the property to provide the most secure and reliable data center services in the area.

KING WILLIAM - Governor Bob McDonnell today announced a 12-mile natural gas pipeline project along U.S. Route 360 in King William County. Lieutenant Governor Bill Bolling joined business and government leaders today on the Governor’s behalf to break ground at the project site. Area corporations, including Virginia Natural Gas and Nestlé Purina PetCare Company, are joining with the Commonwealth to help fund the $6.5 million investment. The new infrastructure for King William County will allow Virginia Natural Gas to serve the County for the first time.

RICHMOND - Governor Bob McDonnell today announced that Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) (PGI), one of the world's leading producers of nonwoven fabrics, plans to invest at least $65 million to expand its existing facility in the City of Waynesboro. The investment would include the purchase of high-technology equipment to establish a new manufacturing line and increase production, and the expansion of the current building in order to accommodate the new line. The project would also create 41 new jobs.