RICHMOND - Governor Timothy M. Kaine today announced that Volkswagen of America, Inc. will invest more than $100 million to relocate its U.S. corporate headquarters to Fairfax County. The new 185,000-square-foot facility in Woodland Park business park will serve as the U.S. headquarters for Volkswagen of America, Inc., and will include the U.S. headquarters for Audi of America, Inc., Audi Financial Services, Volkswagen Credit and other affiliated operations. The project will create 400 new jobs in Fairfax County.
RICHMOND - Governor Timothy M. Kaine today announced that Universal Impact, Inc., a division of Dynamic Tool Company, Inc., and a manufacturer of aluminum extruded tools and parts, will invest $2.5 million to open a facility in the City of Staunton. The project will create 50 new jobs over the next three years. Virginia successfully competed with Texas for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Aerial Machine and Tool Corp. will invest more than $600,000 to expand its production capacity in Patrick County. The facility manufactures precision-sewn and machined products for the U.S. Departments of Defense and Homeland Security, as well as for other military contractors. The expansion and remodeling project will help facilitate Aerial’s current and future growth, which they expect will create 75 new jobs. Virginia successfully competed with North Carolina for the project.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of three Northern Virginia companies into its two-year Virginia Leaders in Export Trade (VALET) program. The companies are Aero International of Sterling, Cornet Technology, Inc., Video Convergence Division of Fairfax and H2Gen of Alexandria. Launched in January 2002, the VALET program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Harrisonburg company, Tactical & Survival Specialties, Inc. (TSSI), into its two-year Virginia Leaders in Export Trade (VALET) program. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Virginia Beach company, SteelMaster® Buildings, LLC, into its two-year Virginia Leaders in Export Trade (VALET) program. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Blacksburg company, Moog Components Group, into its two-year Virginia Leaders in Export Trade (VALET) program. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a South Boston company, Hilden America, into its two-year Virginia Leaders in Export Trade (VALET) program. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Louisa County company, BIO-CAT, Inc. of Troy, into its two-year Virginia Leaders in Export Trade (VALET) program. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy.
RICHMOND - Governor Timothy M. Kaine today announced that Progress Printing will invest $15.8 million to expand in Campbell County. The project adds equipment to double print capacity, and will create 10 new jobs in 30 months.