RICHMOND - Governor Terry McAuliffe announced today that Carfax®, the leading provider of vehicle history information for buyers, sellers, and owners of pre-owned cars in the United States, will invest $5 million to expand its headquarters in Fairfax County, creating 120 new jobs. The company will also invest $10.8 million to upgrade its data center operation in Loudoun County.
RICHMOND - Governor Terry McAuliffe announced today that KmX Chemical Corporation will invest $2.075 million to expand its solvent reclamation facility in Accomack County. KmX began development of specialty membranes for separation and recovery of valuable chemicals and water treatment in 2005, and will ramp up production and R&D on new membrane technologies. The project will create 16 new jobs paying above the average prevailing wage in the region.
RICHMOND - Governor Terry McAuliffe announced today that Camrett Logistics Inc., a full service third party logistics (3PL) company that serves Virginia and the surrounding region, will invest $2.125 million to expand its operation in Pulaski County. The project will create 38 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that Colonna’s Shipyard, Inc., a full-service ship repair facility and home of America’s largest marine travel lift, will invest over $30 million to expand its operation in the City of Norfolk, creating 51 new jobs. The company will add a larger dry dock for working on today’s largest ships, and also dredge and improve the channel and bulkhead. Colonna’s Shipyard is located in the historic Berkley section of Norfolk and is the oldest continuous family-owned and operated private shipyard in the United States.
RICHMOND - Governor Terry McAuliffe announced today the 50th anniversary of the Virginia Jobs Investment Program (VJIP). Created in 1965 as part of the Industrial Training division of the Virginia Community College System, the program provides consultative services and funding to companies creating new jobs or experiencing technological change. As a business development incentive supporting economic development, VJIP reduces the human resource development costs of new and expanding companies.
RICHMOND - Governor Terry McAuliffe announced today that Harris Teeter, a wholly-owned subsidiary of The Kroger Co. (NYSE: KR), will invest $95 million to establish a 1.5 million-square-foot food distribution operation in Caroline County, of which the first phase will be at least 650,000 square feet. Virginia successfully competed with North Carolina for the project, which will create 400 new jobs.
RICHMOND - Governor Bob McDonnell announced today that Alexander Industries, a privately held American manufacturer of firearms, will invest $2.88 million to relocate and expand its operations in Dublin Industrial Park in Pulaski County. Virginia successfully competed against South Dakota and Texas for the project, which will create 64 new jobs.
RICHMOND - Governor Bob McDonnell today announced that Lumber Liquidators (NYSE:LL), the largest specialty retailer of hardwood flooring in North America, intends to invest over $60 million in connection with the expansion of its presence in Virginia. Among other things, the Company is looking to create approximately 250 new jobs in Virginia over the next three years through the augmentation of its corporate and manufacturing operations, led by the expansion of its flagship Bellawood hardwood flooring finishing.
RICHMOND - Governor Terry McAuliffe announced today that Telos Corporation, a leading cybersecurity company, will invest $5 million in its operations in Loudoun County. The company will undergo a major renovation to its headquarters facility and increase cybersecurity capacity, creating 160 new jobs over 36 months. Virginia successfully competed against Maryland for the project, and also retains 240 existing jobs.
RICHMOND - Eleven companies from across the Commonwealth will graduate Wednesday from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program, 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 at the downtown Richmond Marriott.