Richmond - Governor Jim Gilmore today announced The Rochester Corporation, a unit of Tyco Electronics Corporation, will expand its manufacturing plant in Culpeper County. The Company will create 35 new jobs for Virginians through a $10 million investment. Virginia successfully competed with Georgia and Ohio for the investment.
Richmond - Governor Jim Gilmore Wednesday night announced in his State of the Commonwealth Address that annual capital investment by new and existing Virginia companies exceeded $6 billion for the first time in 2000. According to the Virginia Economic Development Partnership, the previous record of $5.8 billion, set in 1995, was surpassed with last month's expansion announcement by Infineon Technologies Richmond. The final annual total will be released in early 2001 after Virginia's localities submit their economic development data to the Partnership.
Governor Gilmore Approves $600,000 to Assist County; AOL to Add New Tech Center, Two New Buildings
Completed fab will offer more than 1,100 new jobs for Henrico County
Richmond - Governor Jim Gilmore today announced that Infineon Technologies (DAX/NYSE: IFX) will expand its presence in Henrico County by becoming the first semiconductor plant to commercially produce 300 mm wafers on the East Coast. Infineon Technologies Richmond, formerly known as White Oak Semiconductor, expects to create 1,100 new jobs at full build-out as a result of the expansion. Production is due to start in early 2002.
Virginia's Economic Development Arm Names Ike Prillaman, of Norfolk Southern, Board Chair
Richmond - The Virginia Economic Development Partnership (VEDP) Board of Directors selected its new Chair, L. I. "Ike" Prillaman and Vice-Chair, Jean E. Clary. The officers were recently elected during the quarterly VEDP board meeting. The VEDP Board of Directors reports annually to the Governor on the status of the implementation of the state's comprehensive economic development strategy, and recommends legislative and executive actions related to it.
Investors Corporation will invest $12 million, Governor approves $200,000 GOF grant; authorizes work
Governor Gilmore announces furniture company to invest $12.5 million
Governor praises site as companies can now
Richmond - The Virginia Economic Development Partnership (VEDP) today unveiled VirginiaScan™, a new feature on its award-winning web site www.YesVirginia.org. VirginiaScan™ allows corporate executives to search an online database of the state's sites and buildings from anywhere in the world. Using fast ColdFusion technology, the new feature provides the quickest, most accurate preliminary site search on the web.
Governor Gilmore announces workforce training to bring aerospace company, 150 jobs to Virginia
Richmond - Governor Jim Gilmore today announced that Fairchild Dornier will relocate its United States headquarters from San Antonio, Texas to Fairfax County. Sales and marketing, product support and senior leadership will operate out of this facility, initially employing 50 people and increasing that number to 150 within a year. Virginia successfully competed with several East Coast states for this $15 million investment.
Governor approves $200,000 to County for site prep, State to provide workforce training to help fill
Richmond - Governor Jim Gilmore today announced CPFilms' decision to expand its manufacturing facility in Henry County. The company, which currently employs 483 Virginians, plans to create 52 new jobs through a three-year $35 million expansion plan.