RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the results of the Commonwealth’s first survey of the state’s service-based companies. Conducted in 2001, more than 5,500 Virginia professional service firms responded. Recognizing the fact that Virginia’s economy includes growing numbers of service-based companies, VEDP’s Division of International Trade designed the survey to determine the number of Virginia service companies that export and the overall value of these services.
RICHMOND - The Virginia Economic Development Partnership’s (VEDP) Division of International Trade today announced plans to attend Farnborough International 2002 to promote the export of Virginia products and services. The year’s largest aerospace trade show, Farnborough International 2002 will be held in Farnborough, England July 22-28, 2002. VEDP’s Division of International Trade is inviting Virginia aerospace companies to join the state at this world-renowned trade show to seek export opportunities.
RICHMOND - Governor Mark R. Warner today announced that for the second year in a row, Site Selection, a widely read economic development trade magazine, named the Virginia Economic Development Partnership (VEDP) a “Top Development Group” for 2001.
SUFFOLK - Governor Mark R. Warner today announced that Target Corporation will invest $65 million in a new East Coast import warehouse in the City of Suffolk. The investment will allow Target to hire 250 employees initially, and another 250 within three years, totaling 500 new employees for the 1.5 million-square-foot Target Stores facility. Virginia successfully competed with Georgia and South Carolina for the project.
RICHMOND - Virginia Governor Mark R. Warner today announced that Danaher Power Solutions, a leading designer, manufacturer and provider of power quality and reliability products and services, will expand its operations in the Eastport Business Park in Henrico County. The expansion will create 180 new jobs and save 81 jobs through a $1.7 million investment. Virginia competed with Connecticut, Ohio, California and Texas for the expansion.
CHARLOTTESVILLE - The Virginia Economic Development Partnership, in conjunction with the Thomas Jefferson Partnership for Economic Development, today announced the launch of the Passport Program in the Charlottesville region. Charlottesville is the fifth Virginia community to host this program.
RICHMOND - Governor Mark R. Warner today announced that Keystone Dyeing & Finishing, a manufacturer of custom textile products and dyeing services, will open a new manufacturing facility in Orange County. The relocation will create 125 new jobs through a $2.5 million investment. Virginia successfully competed with Rhode Island for the project.
RICHMOND - Virginia Governor Mark R. Warner today announced that Frito-Lay unveiled an expansion plan that includes a $30 million investment and 100 new jobs. Virginia successfully competed with several other states for two additional product lines. Production will begin on the new Tostitos Scoops® in six months, with the second product line launching in eighteen months.
RICHMOND - Virginia Governor Mark R. Warner today announced that The Boeing Company has opened a new air traffic management office in Fairfax County. Boeing established this start-up division to develop a new concept for national air traffic management. This concept addresses the critical need nationwide to enhance the security and safety of air transportation while increasing its capacity and efficiency. Boeing Air Traffic Management also has an office near Seattle, Washington.