RICHMOND - The Virginia Economic Development Partnership (VEDP) Division of International Trade announced today that Consolidated Steel, Inc. of Tazewell County was accepted into the March 2008 class of the Accessing International Markets (AIM) program. The year-long export development program helps Virginia companies pursue new business opportunities overseas. The March 2008 class will target countries in the Americas, Europe and Asia.
RICHMOND - Governor Timothy M. Kaine today announced that Canon Virginia Inc. will invest a total of more than $600 million in its Newport News operations and its Industrial Resource Technologies Inc. (IRT) subsidiary’s facilities in Gloucester County, the first of several expansions planned as part of Canon Virginia’s “Vision for the Future” program. Canon Virginia is a subsidiary of Canon U.S.A. Inc.
RICHMOND - Governor Timothy M. Kaine today announced that Moss Motors Ltd. will invest $5.15 million to locate a distribution facility in Dinwiddie County, creating 90 new jobs. The company is a supplier of specialized automotive parts in the British restoration market.
RICHMOND - Governor Timothy M. Kaine today announced that Oran Safety Glass (OSG), Israel’s leading flat and curved glass processing company, will invest $2.65 million to expand manufacturing capacity in Greensville County, creating 25 jobs. The facility supplies bullet-proof glass for U.S. military vehicles. Virginia successfully competed with Georgia, North Carolina and South Carolina for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Shenandoah Waste Services LLC will invest $4 million to expand its materials recycling operation in Page County, creating 60 jobs. The company’s recycled materials are used as an alternative fuel source for energy production. Virginia successfully competed with Maryland, North Carolina and West Virginia for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Jon Stanhope, Chief Minister of the Australian Capital Territory, and leaders of eight companies from Canberra, Australia’s capital, will visit Richmond June 5-6 to explore trade opportunities with Virginia companies. Governor Kaine will kick off the delegation’s visit on June 5 with a welcome breakfast at the Capitol.
RICHMOND - Governor Timothy M. Kaine today announced that AREVA NP Inc. will invest $25 million to expand its U.S. headquarters in the City of Lynchburg. The company will increase its existing engineering/nuclear service staff in anticipation of future orders for nuclear reactors, creating 500 jobs. Charlotte, North Carolina, where AREVA NP has a large engineering function, also was a contender.
RICHMOND - Governor Timothy M. Kaine today announced that Dulles, Virginia-based Orbital Sciences Corporation has confirmed its selection of the Mid-Atlantic Regional Spaceport (MARS), located at Wallops Island in Accomack County on Virginia's Eastern Shore, as its base of operations for the company's new Taurus II rocket. Orbital will invest approximately $45 million in Virginia to assemble, test and launch the Taurus II space launch vehicle.
RICHMOND - Governor Timothy M. Kaine today announced that Westport Corporation, a Kentucky based automotive components company, will invest approximately $3 million to open an assembly plant in the City of Roanoke. The company will occupy the 203,000-square-foot former Smurfit-Stone building. The new facility, which will assemble axles for the Volvo Heavy Truck plant in Dublin, will employ 60 people. Virginia successfully competed with West Virginia for the project.
RICHMOND - Governor Timothy M. Kaine today announced that The Goodyear Tire & Rubber Company’s Danville, Virginia, facility, the world’s largest aircraft tire and medium radial truck tire manufacturing plant, is planning to invest $200 million over the next several years to improve its technology and enable the plant to produce more of the innovative commercial tire products that are in strong demand in the marketplace.