RICHMOND - Governor Timothy M. Kaine today announced that Carded Graphics, LLC, (CGL) a premier folding carton converter, will invest $6.5 million to expand manufacturing capacity in Staunton and create 35 new jobs. Virginia successfully competed with North Carolina for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Pinnacle Wood Products of Virginia, Inc. will invest $1.4 million to open a wood products manufacturing operation in Wise County. The company will create 200 new jobs.
“Southwest Virginia boasts an impressive wood products industry cluster, and Pinnacle Wood Products will add great value to this growing sector,” said Governor Kaine. “Wise County’s local entrepreneurial workforce will meet the company’s needs.”
RICHMOND - The Virginia Economic Development Partnership (VEDP) Division of International Trade announced today that Spice Rack Chocolates of Fredericksburg was accepted into the September 2007 class of the Accessing International Markets (AIM) program. The year-long export development program helps Virginia companies pursue new business opportunities overseas. The September 2007 class will target countries in the America’s, Europe and Asia.
RICHMOND - The Virginia Economic Development Partnership (VEDP) Division of International Trade announced today that Lighthouse Instruments of Charlottesville was accepted into the September 2007 class of the Accessing International Markets (AIM) program. The year-long export development program helps Virginia companies pursue new business opportunities overseas. The September 2007 class will target countries in the America’s, Europe and Asia.
RICHMOND - The Virginia Economic Development Partnership (VEDP) Division of International Trade announced today that SynaptiCAD of Blacksburg was accepted into the September 2007 class of the Accessing International Markets (AIM) program. The year-long export development program helps Virginia companies pursue new business opportunities overseas. The September 2007 class will target countries in the America’s, Europe and Asia.
RICHMOND - The Virginia Economic Development Partnership (VEDP) Division of International Trade announced today that Delta Automation of Richmond was accepted into the September 2007 class of the Accessing International Markets (AIM) program. The year-long export development program helps Virginia companies pursue new business opportunities overseas. The September 2007 class will target countries in the America’s, Europe and Asia.
RICHMOND - Governor Timothy M. Kaine today announced that Innovative Wireless Technologies (IWT), a designer of wireless technologies, will invest $5.6 million to locate in the New London Office Park in Bedford County. The project will support IWT’s planned business growth, creating 50 new engineering and professional jobs over the next several years. Virginia successfully competed with North Carolina and Pennsylvania for the project.
RICHMOND - Governor Timothy M. Kaine today announced that GridPoint, Inc., a clean technology company, will invest $5 million as it relocates its operations from Washington, D.C. to Arlington County and continues to expand its business. The project expects to create approximately 250 new jobs over the next three years. Virginia successfully competed with Texas for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Covance Inc., one of the world’s largest drug development services companies, will move its operations from Fairfax County to Prince William County, where it will locate its new pharmaceutical research and development laboratory. The company, which will transform the former Eli Lilly site from 300,000 square feet to 410,000 square feet, will invest approximately $175 million, retain 450 existing jobs and create 100 new jobs. Virginia successfully competed against Arizona and Maryland for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Rolls-Royce, a world-leading provider of power systems and services for use on land, at sea and in the air, will build a state-of-the-art aeroengine facility in Prince George County. Initially, the company will invest $100 million to establish an assembly and test facility for its civil aerospace operations. Over time, the company has options to invest up to $500 million to support future advanced manufacturing as opportunities arise for its defense and civil aerospace businesses.