RICHMOND - The Virginia Economic Development Partnership (VEDP) is offering a new service to help Virginia companies grow internationally amid challenging economic times domestically.
RICHMOND - A combined 16 companies from across the Commonwealth will graduate Thursday from two state export programs, touting impressive results from their newly acquired tools to successfully export products and services overseas. The graduating companies will be recognized during a noon luncheon Thursday at the Richmond Omni Hotel.
RICHMOND - Governor Timothy M. Kaine today announced that for the second time during his administration, CNBC has named Virginia its “Top State for Business”. This best-in-the-nation ranking was based on a wide range of factors, from workforce quality to broadband infrastructure, and reaffirms that “Virginia has what it takes to emerge from an economy turned upside down.” Virginia received CNBC’s top ranking in 2007 and was ranked second in 2008. This is the fourth time in the last month that Virginia has received national acclaim as a top place to do business.
RICHMOND - Governor Timothy M. Kaine today announced that Columbus McKinnon Corporation, a leading designer, manufacturer and marketer of material handling products, plans to invest approximately $5 million in its Damascus Hoist Division operations in Washington County. This investment is part of a corporate restructuring that will consolidate certain of its hoist operations to the Damascus plant. The project expects to create approximately 70 new jobs and retain 174 current positions. Virginia successfully competed against three other states for these jobs.
RICHMOND - Governor Timothy M. Kaine today announced that CGI, the wholly owned U.S. operating subsidiary of CGI Group Inc., will add 100 positions to its software development and systems integration facility in the Russell County Government Center in Lebanon. CGI provides information technology (IT) services to the government and private sector.
RICHMOND - Governor Timothy M. Kaine today announced that Monogram Food Solutions, LLC, a Memphis-based manufacturer of value-added processed meats, will purchase the meat snack business of American Foods Group, LLC, which includes the Martinsville production facility, and the rights to the Bull’s, Hannah’s, O’Brien’s and Dakota brand names. Monogram will invest $3 million to expand production capacity, retaining all current positions at the American Foods Group production facility and creating 120 jobs.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of an Independence company, Darco Southern, Inc., 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.
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RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Rocky Mount company, The Uttermost Company, 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 Christiansburg company, Inorganic Ventures, 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.