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.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of four Northern 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 - Governor Bob McDonnell today announced that Microsoft Corp. will invest $348 million to expand its modular data center site in Mecklenburg County. The company will build two additional facilities on its data center campus to increase capacity to serve its growing customer base. The project will create 30 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.