RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that Moog Components Group received the 2013 Commonwealth of Virginia Governor’s Award for Excellence in International Trade. The award was presented at the Virginia Conference on World Trade in Williamsburg. Moog Components Group, based in Blacksburg, Virginia and a business segment of Moog Inc., is an innovative motion company that specializes in the design and manufacture of slip rings, motors, actuators, resolvers, solenoids and air moving solutions.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the release of the Virginia Cyber Security Export Market Report. George Mason University prepared the study as part of VEDP’s ‘Going Global’ Defense Initiative to mitigate the impact of defense spending cuts on Virginia’s economy, the nation’s leading state recipient of defense spending. VEDP’s International Trade program focuses on assisting Virginia businesses in capturing export opportunities overseas. As the U.S.
AFID is a discretionary incentive to grow Virginia’s agriculture and forestry industries.
AFID grants are made to localities at the discretion of the Governor with the expectation that the grant will be critical to the success of a project, which will result in creation of new jobs and investment from companies that add value to Virginia-grown agriculture and forestry products.
RICHMOND - Governor Terry McAuliffe announced today that Ireland-based Anord Control Systems Ltd., a leading provider of critical power infrastructure to the global data center industry, will invest $950,000 to establish its first U.S. operation, Anord Critical Power Inc., in Henrico County.
RICHMOND - Governor Terry McAuliffe announced in North Chesterfield today that Evonik Industries, one of the world's leading specialty chemicals companies, will invest $15 million to relocate and expand its Business and Innovation Center in Chesterfield County. The company will maintain its manufacturing operation in the City of Hopewell. Virginia successfully competed against New Jersey and Indiana for the project, which will create 50 new jobs over five years and retain 130 jobs.
RICHMOND - Governor Terry McAuliffe announced today that Green Applications LLC, a Division of Green Distribution, one of the largest printers and distributors of textile merchandise and heat applied graphics on the East Coast, will invest $9.75 million to establish its first Virginia operation in the Town of Gordonsville in Orange County. The company will design, screen print, produce and distribute graphic art on heat transfers and apparel, creating 323 new jobs. Virginia successfully competed against Florida and New Jersey for the project.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the release of the Virginia Maritime Security Export Market Report. Old Dominion University prepared the study as part of VEDP’s ‘Going Global’ Defense Initiative to mitigate the impact of defense spending cuts on Virginia’s economy, the nation’s leading state recipient of defense spending. VEDP’s International Trade program focuses on assisting Virginia businesses in capturing export opportunities overseas. As the U.S.
RICHMOND - Governor Terry McAuliffe announced today that Teleperformance, the global leader in outsourced multichannel customer experience management, will establish a new customer service center in Henrico County, bringing 500 new jobs to the region.
RICHMOND - Governor Terry McAuliffe announced today that The Corsi Group, a leading manufacturer of custom and semi-custom cabinetry, will invest approximately $5 million to establish its first Virginia manufacturing operation in Charlotte County. Virginia successfully competed against Kentucky for the project, which will create 110 new jobs.
The Commonwealth’s Development Opportunity Fund (COF) is a “deal-closing” fund to be employed at the Governor’s discretion to secure a company location or expansion in Virginia. Administered by the Virginia Economic Development Partnership (VEDP), the COF serves as a final resource for Virginia in the face of serious competition from other states or countries.
The COF grant is a negotiated amount determined by the Secretary of Commerce and Trade, based on the recommendation of VEDP, and subject to approval of the Governor.