RICHMOND - Governor Terry McAuliffe announced today that Mondelez Global LLC, the U.S. operating company of Mondelez International, Inc., will invest more than $40 million to expand its biscuit bakery in Henrico County. The facility manufactures a variety of Nabisco crackers and cookies, including Ritz, Wheat Thins and Premium crackers, Oreo and Chips Ahoy! cookies, and Nilla wafers. This investment will enable the addition of a new, state-of-the-art manufacturing line for Ritz crackers and add 38,000 square feet to its existing bakery in Henrico County.
RICHMOND - Governor Terry McAuliffe announced today that Microsoft Corp. will invest $346.7 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 90 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 - Governor Terry McAuliffe announced in Hampton today that Alcoa Power and Propulsion, a business unit of Alcoa Inc. (NYSE: AA) and a global leader in superalloy airfoil and titanium and aluminum structural investment castings, will invest $25 million in its operation in the City of Hampton, which will create 75 new jobs. Through the investment, Alcoa will scale-up a breakthrough process technology that cuts the weight of its highest-volume jet engine blades by 20 percent and significantly improves aerodynamic performance.
RICHMOND - Governor Terry McAuliffe announced today that Global Refining Group, Inc., a sister company of ABC Recycling, will invest $4.2 million to establish a catalytic convertor recycling operation in Lunenburg County. Virginia successfully competed against Connecticut and New York for the project, which will create 30 new jobs. ABC Recycling, one of the fastest growing companies in South Central Virginia, recycles vehicles, scrap metals and catalytic converters.
RICHMOND - Governor Terry McAuliffe announced today that Trinity Packaging Corporation will invest $9.5 million to expand capacity at its operation in the Town of Rocky Mount in Franklin County. The project will create 25 new jobs. Virginia successfully competed against New York, North Carolina, South Carolina and Tennessee for the project.
RICHMOND - Governor Terry McAuliffe announced today that James Hardie Building Products Inc., an international manufacturer of fiber-cement siding for the construction industry, will invest $25 million to expand manufacturing capacity at its operation in the Town of Pulaski. Virginia successfully competed against Florida and Illinois for the project, which will create 69 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that Canada Metal (Pacific) Ltd., a Canada-based manufacturer of marine and industrial products, will invest $3 million to establish its first U.S. manufacturing operation in the City of Virginia Beach. The project will create 70 new jobs over three years.
RICHMOND - Governor Terry McAuliffe announced today that Vanguard Furniture, a high-end upholstery producer, will invest $550,000 to establish its first Virginia household furniture upholstery production operation in Carroll County. The project will create more than 200 new jobs.
RICHMOND - Ten 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 Liberty-Source PBC, a flexible onshore business process outsourcing model that uniquely harnesses the talent of military spouses, will invest $1.56 million to establish an operation at Fort Monroe in the City of Hampton. The company will provide finance, accounting, human resources, customer care and additional support services for its clients, creating 596 new jobs.