RICHMOND - In just two years, eight companies that participated in the Virginia Economic Development Partnership’s (VEDP) two-year Virginia Leaders in Export Trade (VALET) program increased annual international sales by 30 percent. 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 graduating class began the program with a combined $22,450,921 in annual international sales.
RICHMOND - Governor Timothy M. Kaine today announced that Tosoh America, Inc. will invest $4 million and create 27 jobs at a new facility in the City of Manassas. The investment relates to Tosoh’s Electronic Materials Division, a provider of high purity materials and services to the semiconductor industry. Virginia successfully competed with New York and Ohio for the project.
RICHMOND - Governor Timothy M. Kaine today announced that M.C. Dean, Inc., one of the nation’s leading systems engineering and integration firms, will break ground on a fabrication and logistics complex in Caroline County. The project has the potential to create 100 new jobs for the area, and represents an investment of $8.3 million to create 260,000-square-feet of manufacturing, logistics and office space. The facility will support M.C.
RICHMOND - Governor Timothy M. Kaine today announced that Jennmar Corporation of Virginia, Inc., a subsidiary of Frank Calandra, Inc. & Subsidiaries and a provider of quality roof and standing support products for the mining and tunneling industry, will invest $6 million to build a new facility in Tazewell County, creating 70 new jobs. Virginia successfully competed with Kentucky, Pennsylvania, and West Virginia for the project.
RICHMOND - Governor Timothy M. Kaine announced today that Virginia placed first among the 50 states in a new ranking of the "Best States for Business" by Forbes.com, the official Internet site of the Forbes family of business publications. The review, published today, included consideration of multiple objective measurements, including business cost, regulatory climate, quality of the workforce, and economic growth.
RICHMOND - Governor Timothy M. Kaine today announced that Oran Safety Glass (OSG), Israel’s leading flat and curved glass processing company, will invest $4.1 million to open its first U.S. facility in Greensville County, creating 50 new jobs. The facility will supply bullet-proof glass for U.S. military vehicles. Virginia successfully competed with North Carolina for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Arrow Truck Sales will open a facility in the Branwick Center in Floyd County, creating 25 new jobs.
“Arrow Truck Sales is a great addition to Virginia and Floyd County,” said Governor Kaine. “The New River Valley region boasts a growing automotive cluster, and I am confident that as a provider of recycled truck parts, Arrow will be a comfortable fit in the area.”
RICHMOND - Did you know that in the past decade, U.S. exports and imports have increased by $321 billion and $930 billion respectively?
Interstate Group LLC to invest $4.1 million to establish East Coast manufacturing and distribution operation
RICHMOND - Governor Timothy M. Kaine today announced that Command Information, the largest pure-play IPv6 company in the United States, will open America’s first IPv6 training center in the town of Herndon in Fairfax County. The project will create 400 new Information Technology networking, design and security jobs.