Governor Allen Congratulates Petersburg Bearing Manufacturer
Petersburg - Governor George Allen today announced that Brenco, Incorporated, a manufacturer of railcar tapered roller bearings, has signed a long term, 10-year sales contract with Compania Industrial AZO of Mexico worth an estimated one million dollars during the first year. Additionally, Brenco will remain the exclusive distributor of roller bearings for the next nine years, leading to a total estimated value of $10 million.
Governor Allen Welcomes $10 Million Investment and 300 Jobs
Market Connections Company to Open $3.5 Million Facility
Richmond - Governor George Allen today announced that Market Connections Company, a new global communications firm specializing in health care, will locate its worldwide headquarters in the City of Norfolk. Market Connections will lease a 30,000 square-foot building and invest $3.5 million. The company will initially hire 125 employees, followed by an additional 175 by January 1998.
Governor Allen Announces 96 New Jobs, $10 Million Investment
Governor Allen Hails $22 Million Canadian Investment
Roanoke - Governor George Allen today announced that Maple Leaf Bakery, Inc., a subsidiary of Maple Leaf Foods, will locate a new food processing facility in Roanoke. The company will locate a 100,000 square foot plant in the city's Enterprise Zone with an initial investment of $22 million and creating approximately 150-180 new jobs. Virginia successfully competed with Pennsylvania, Maryland and North Carolina for the investment.
Statewide Sponsors Help Six Students Learn International Marketing
Richmond - The Virginia Economic Development Partnership (VEDP) has selected six graduate business students to participate in the 1997 Hannover Industrial Trade Fair to be held April 14-19 in Hannover, Germany. Internationally respected as the world's largest industrial trade show, the Hannover Fair attracts more than 350,000 visitors from over 100 countries each year. This year marks the fair's 50th anniversary as a forum for the international business community.
State and Local Economic Development Professionals Build on 1996 Success
High-Tech German Manufacturer Result of Governor's Trade Mission
Governor Allen Praises $26 Million Investment, 900 Potential New Jobs
Hampton - Governor George Allen today announced that Bell Atlantic Plus, Inc., a subsidiary of Bell Atlantic Corporation, will open a new $26 million call center in the City of Hampton to provide innovative telemarketing services to its mid-Atlantic customers. The company will hire 700 new employees by April 1998, and will potentially hire an additional 200 by the end of next year. Virginia successfully competed with South Carolina for the investment.
Total Jobs Created Tops 200,000, Capital Investment Reaches $3.54 Billion