Richmond - Governor Terry McAuliffe announced today the Virginia Economic Development Partnership (VEDP) received the No. 2 spot in The American Economic Development Institute (AEDI) and Pollina Corporate Real Estate’s Top 10 State Economic Development Organizations ranking for 2014.

RICHMOND - Governor Terry McAuliffe announced today that Thomas Automation Management, LLC (TAM), an automation firm that solves industrial IT problems for companies around the world, will invest $1 million to expand its operation in Carroll County, creating 15 new jobs.

Richmond - The Virginia Economic Development Partnership (VEDP) today announced that The C.F. Sauer Company received the 2014 Commonwealth of Virginia Governor’s Award for Excellence in International Trade. The award was presented by Governor McAuliffe at the Virginia Conference on World Trade in Richmond. The C.F. Sauer Company, founded in 1887 and based in Richmond, is one of the nation’s top producers of both branded and private label spices, flavoring extracts and condiments.

The Economic Development Access (EDA) program is a state-funded incentive to assist localities in providing adequate road access to new and expanding manufacturing and processing companies, research and development facilities, distribution centers, regional service centers, corporate headquarters, and other basic employers with at least 51% of the company’s revenue generated from outside the Commonwealth. EDA is administered by the Virginia Department of Transportation (VDOT).

RICHMOND - Governor Terry McAuliffe announced today that Coperion Corporation, in collaboration with local real estate developer WYCO, LLC (William Ellenbogen Managing Member), will invest a total of more than $3 million to expand its manufacturing operation in Wythe County. Coperion, a wholly owned subsidiary of Hillenbrand, Inc. since 2012, is the world market and technology leader for compounding systems, bulk materials systems, components and services. Virginia successfully competed against New Jersey for the project, which will create 22 new jobs.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of four Central Virginia companies into its two-year Virginia Leaders in Export Trade (VALET) program. 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 a Lynchburg company into its two-year Virginia Leaders in Export Trade (VALET) program. 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. 

The new company accepted into the program is Delta Star, Inc.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Salem company into its two-year Virginia Leaders in Export Trade (VALET) program. 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.

The new company accepted into the program is Carter Machinery Company, Inc.

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. 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.

The new companies accepted into the program include ESRG Technology Group of Virginia Beach, and MYMIC, LLC of Portsmouth.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of two Southwest Virginia companies into its two-year Virginia Leaders in Export Trade (VALET) program. 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. 

The new companies accepted into the program include American Mine Research, Inc. of Bland County, and TORC Robotics, LLC of Montgomery County.