RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that Northland Forest Products (NFP) has increased sales into its export markets as a result of VEDP’s international trade programs. The company graduated from the Virginia Leaders in Export Trade (VALET) program in 2013. Since that time, NFP has seen a steady increase in export sales. Through market visits to Poland in 2012 and 2013, NFP found new customers in central Europe. Two market visits to China also led to increased sales to NFP’s largest Asian market.
RICHMOND - Governor Terry McAuliffe announced today that Xpress Natural Gas (XNG) will invest $7.8 million to establish a natural gas supply operation in the Appomattox Center for Business and Commerce in Appomattox County. Virginia successfully competed against Pennsylvania for the project, which will create 50 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that TeleTech Holdings, Inc. (NASDAQ: TTEC), a leading provider of customer experience, engagement and growth solutions, will invest $4.07 million to establish a customer experience center in Scott County. Virginia successfully competed against North Carolina, Georgia, and Tennessee for the project, which will create 300 new jobs.
RICHMOND - Governor Terry McAuliffe announced today Trex Company (NYSE: TREX), the world’s largest manufacturer of high-performance wood-alternative decking and railing, has invested $12.3 million in the City of Winchester and $3.1 million in Frederick County to expand its manufacturing operations. Additionally, the company plans to lease newly constructed warehouse space in Frederick County for a training facility and plastics recycling center and to relocate a Trex distribution center for deck railing.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that the Fairfax County Chamber of Commerce (Fairfax Chamber) will partner with the Virginia International Trade Alliance (VITAL), an initiative to increase international trade in Virginia. Through its participation in VITAL, the Chamber will expand services to its member companies as they grow their international sales.
RICHMOND - Governor Terry McAuliffe announced today that NorrisBuilt Fabrication LLC will invest $1.5 million to expand its welding and fabrication operation in Wise County. The company recently acquired the MDJ Machine Shop, expanding its service offerings and customer base. Virginia successfully competed against Kentucky for the project, which will create 24 new jobs.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that U.S. Trade Representative Michael Froman, the chief United States official on international trade, opened the 67th Virginia Conference on World Trade in Norfolk this morning. In his first public event after publication of the full Trans-Pacific Partnership (TPP) text, Ambassador Froman highlighted how Made-in-America exports are helping the state’s economy and how the TPP will help to grow those benefits.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that several Virginia companies anticipate business success following participation in the 2015 Southeast Asia Trade Mission that took place October 26-30, 2015. VEDP led the Virginia delegation that included Cask LLC; ComSonics, Inc.; MarkLogic Corporation; Northland Forest Products; Pixia Corp; and Trex Company, Inc. The countries visited were Indonesia, Malaysia, Singapore and Vietnam.
- Governor Terry McAuliffe announced today that Microsoft Corp. will invest $402.4 million to expand its data center site in Mecklenburg County and increase capacity to serve its growing customer base. Virginia successfully competed against other sites in the U.S. for the project, which will create 42 new jobs. Microsoft’s original project in 2010 involved an investment of up to $499 million and 50 new jobs. In 2011 the company invested an additional $150 million to expand the site, and in 2013 announced a $348 million expansion.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that Euclid Systems Corporation received the 2015 Commonwealth of Virginia Governor’s Award for Excellence in International Trade. The award was presented by Secretary of Commerce and Trade Maurice Jones at the Virginia Conference on World Trade in Norfolk. Euclid System Corporation, headquartered in Herndon, Virginia, manufactures specialty contact lenses for the treatment of myopia (nearsightedness).