RICHMOND - Governor Timothy M. Kaine today announced that Clinch Mountain Finishing & Logistics will invest $6 million and create 220 new jobs at a manufacturing facility in the Russell County Industrial Park in the Town of Lebanon. The company will expand an existing building by 48,000-square-feet, and the new facility will produce pre-finished hardwood flooring utilizing state-of-the-art ultra violet finishing technology. Virginia successfully competed with Tennessee for the project.

RICHMOND - Governor Timothy M. Kaine today announced that DuPont will invest $25.5 million to expand its operations in Chesterfield County, creating 50 new jobs. DuPont’s Chesterfield County plant manufactures DuPont™ Tyvek® nonwovens, a protective material made from very fine, high-density polyethylene fibers with all the characteristics of paper, film and fabric in one material. This expansion will add capacity to produce additional Tyvek® HomeWrap®.

Atlantic Credit and Finance, a subsidiary of Encore Capital Group, to invest $4 million for expansion 

RICHMOND - Governor Timothy M. Kaine today announced that McAirlaid’s Vliesstoffe GmbH & Co. KG, a German manufacturer of non-woven composite materials for absorbency end uses, will invest $85 million to open its first United States manufacturing facility and headquarters in Franklin County’s Commerce Center. The new facility, which will use the company’s patented method to produce non-woven material without chemicals or glues, will employ 160 people. Virginia successfully competed with Kentucky for the project.

RICHMOND - Governor Timothy M. Kaine today announced that Visador Holding Corporation will invest $1.1 million to expand its operations to a location in the Town of St. Paul, on the border of Wise and Russell counties. The project will result in 100 new jobs. The St. Paul facility will fabricate the company’s new construction vinyl window product line, and serve as a warehouse and distribution center. Virginia successfully competed with South Carolina for the project.

RICHMOND - Governor Timothy M. Kaine today announced that Banker Steel Company, LLC will invest $1 million to open a new steel fabricating facility in Campbell County, creating 110 new jobs. Banker Steel currently employs 105 at its Lynchburg headquarters, and will maintain its Lynchburg operations in addition to opening this second facility in Campbell County.
Virginia successfully competed with South Carolina for the project.

DANVILLE - Governor Timothy M. Kaine today announced that Arista Tubes, UK, a manufacturer of plastic tubes used in the consumer and personal care products industry and an integral part of Essel Propack, will invest $24 million to open a manufacturing facility in Danville. The project will create 145 new jobs. The company plans to move into a former Dan River facility at River Pointe, and is scheduled to begin operations by summer. Virginia successfully competed with New Jersey and Pennsylvania for the project.

RICHMOND - Governor Timothy M. Kaine today announced that he will lead a three-day trade mission next week, May 30th - June 1st, to Canada. Virginia Secretary of Commerce and Trade Patrick O. Gottschalk and Secretary of Agriculture and Forestry Robert S. Bloxom will accompany the Governor to Toronto and Montreal.

RICHMOND - Is your company relatively new to exporting? Have you received requests from interested prospects abroad? If you answered yes to either question, Exporting 101: An Introduction to Export Readiness, is the course for you.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of five new companies into the Accessing International Markets (AIM) export development program. The program, launched by VEDP in December 2005, helps Virginia companies pursue international leads in a new market overseas and realize the benefits of exporting.