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.

RICHMOND - Governor Terry McAuliffe announced today that Hanwha Azdel, Inc., a manufacturer of high-performance thermoplastic composites designed for both interior and exterior applications, will invest $21.3 million in its operation in the City of Lynchburg. The facility produces Light-Weight Reinforced Thermoplastic composites, and with this expansion the company will add an additional production line. Virginia successfully competed against Alabama, Indiana and Michigan for the project, which will create 33 new jobs.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of two Hampton Roads companies into its two-year Virginia Leaders in Export Trade (VALET) program. The new companies are Alliance Solutions Group, Inc. of the City of Newport News, and Parker Systems, Inc. of the City of Chesapeake. 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 two Roanoke Valley companies into its two-year Virginia Leaders in Export Trade (VALET) program. The new companies are Capco Machinery Systems of Roanoke, and QualiChem Inc. of Salem. 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. Participating firms are chosen based on their dedication to growth through export.