RICHMOND - Governor Timothy M. Kaine today announced that Swedwood North America, a furniture manufacturer and subsidiary of IKEA, will build its North American manufacturing operation in Cane Creek Centre, an industrial park jointly developed by Pittsylvania County and the City of Danville. The company, which will produce furniture for IKEA home furnishing stores in North America, will begin work at the site in November, and the projected completion date on the first of three phases is the end of 2007. The Swedwood facility eventually will employ up to 740 people.
RICHMOND - Governor Timothy M. Kaine today announced that Water World Fiberglass Pools, N.E. Inc. will invest $3 million to open a facility in the Buckingham County Industrial Park, creating 100 new jobs. Up to 50 additional employees will be hired for seasonal demands. The company will manufacture fiberglass swimming pools. Virginia successfully competed with Louisiana for the project.
RICHMOND - Governor Timothy M. Kaine today announced that U.S. Components, LLC, a manufacturer of roof, floor and wall trusses, will invest $6.4 million to open its first Virginia manufacturing facility in the West Point Industrial Park shell building in the Town of West Point. The project will create 104 new jobs. Virginia successfully competed against North Carolina for the project.
RICHMOND - Governor Timothy M. Kaine today announced that NYK Logistics Inc., a leading logistics solutions provider, will open a new 120,000-square-foot distribution facility in the City of Chesapeake, creating 100 new jobs. NYK Logistics’ Hampton facility will continue to operate, and a number of employees will transfer to the new plant. The total project investment is $26 million. Virginia successfully competed against Florida for the project.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of five new companies into the Accessing International Markets (AIM) export development program. The program, launched by VEDP in December 2005, helps Virginia companies pursue international leads in a new market overseas and realize the benefits of exporting.
RICHMOND - Governor Timothy M. Kaine today announced that FERIDIES®, a leading manufacturer of Virginia peanuts, will invest $3.2 million to expand its facility in the Southampton Business Park in Southampton County. The company also will increase its equipment capacity at the plant, creating 25 new jobs.
RICHMOND - Governor Timothy M. Kaine will discuss the importance of international trade to Virginia and seek ideas for the Commonwealth’s first international strategic plan October 4th during the 58th Virginia Conference on World Trade. The conference, sponsored by the Virginia Economic Development Partnership and the Virginia Chamber of Commerce, will be held October 3-4 at the Hotel Roanoke and Conference Center in Roanoke.
RICHMOND - Governor Timothy M. Kaine today announced that Command Information, the largest pure-play IPv6 company in the United States, will open America’s first IPv6 training center in the town of Herndon in Fairfax County. The project will create 400 new Information Technology networking, design and security jobs.
RICHMOND - Did you know that in the past decade, U.S. exports and imports have increased by $321 billion and $930 billion respectively?
RICHMOND - Governor Timothy M. Kaine today announced that Arrow Truck Sales will open a facility in the Branwick Center in Floyd County, creating 25 new jobs.
“Arrow Truck Sales is a great addition to Virginia and Floyd County,” said Governor Kaine. “The New River Valley region boasts a growing automotive cluster, and I am confident that as a provider of recycled truck parts, Arrow will be a comfortable fit in the area.”