RICHMOND—Governor Ralph Northam today announced that Kreative Technologies, LLC, a leader in information systems design, development, integration, and sustainment for the federal health care industry, will invest $1.5 million to expand its operation at 4114 Legato Road in Fairfax County. The company will more than quadruple its current workforce of 67 with the creation of 296 new jobs.
RICHMOND—Governor Ralph Northam today announced that CMA CGM Group, a world leader in shipping and logistics, will retain its North American headquarters in the City of Norfolk, including approximately 655 current employees, and will grow its presence in the Commonwealth, resulting in the creation of more than 400 new jobs in Hampton Roads and Northern Virginia.
RICHMOND—Governor Ralph Northam today announced that Fortune Auto North America, a U.S.-based manufacturer of high-performance racing suspension systems for Japanese and European vehicles, will invest $250,000 to expand its operation located at 1495 Oakbridge Terrace in Powhatan County. The company will add new equipment to meet increased demand and create 10 new jobs, doubling its workforce.
RICHMOND—Governor Ralph Northam today announced that Valley Guard Supply LLC will invest $1 million to establish a personal protective equipment manufacturing facility in the City of Harrisonburg. A service-disabled, veteran-owned company, Valley Guard produces three-ply disposable masks that are 100 percent made in the United States and intends to manufacture other types of safety and security gear in the future. The project will create 45 new jobs.
RICHMOND—Governor Ralph Northam today announced that Babylon Micro-Farms, a Virginia-based company that develops and produces remotely controlled, indoor hydroponic systems for growing fresh herbs, vegetables, and salad greens, will invest $140,000 to expand operations and relocate to the City of Richmond. Babylon’s new location in Scott’s Addition will enable the company to expand its capabilities in manufacturing, software development, and research and development so it can begin distributing nationally and internationally.
RICHMOND—Governor Ralph Northam today announced that seven companies have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program. VALET, which now has more than 300 graduated companies, assists Virginia exporters that have firmly established domestic operations and are committed to international exporting as a growth strategy.
RICHMOND—Governor Ralph Northam today announced that Moog Inc. (NYSE: MOG.A and MOG.B), a designer and manufacturer of high-performance motion control products and solutions, will invest $10.7 million to transfer existing jobs and equipment from one of its Blacksburg facilities to a larger building in the Falling Branch Corporate Park in Montgomery County. The company will have an additional 80,000 square feet at its new operation in Christiansburg to accommodate increased customers and demand and focus on production of its slip ring products for the industrial marketplace.
RICHMOND—Governor Ralph Northam today announced that power management company Eaton will invest $3.6 million to move production from California to its facility at 4200 Oakley Court in Henrico County. This investment will create 80 new jobs through the expansion of production capabilities and the addition of new lines for electrical component manufacturing.
RICHMOND—Governor Ralph Northam today announced that Ceres Nanosciences, Inc., a life sciences company that makes innovative products to improve diagnostic testing, will expand its operation in Prince William County’s Innovation Park to increase the manufacturing capacity of its Nanotrap® Magnetic Virus Particles for COVID-19 tests.