RICHMOND - Governor Mark R. Warner today announced that Specialty Blades, Inc. will invest $6 million to expand its facility in the City of Staunton. The company manufactures precision-cutting and piercing components for surgical and industrial use. The project will create 25 new jobs.
RICHMOND - Governor Mark R. Warner today announced that Turman Hardwood Flooring, Inc., will invest $2.7 million to expand its Galax facility. The company manufactures hardwood flooring and will add a new wood pellet manufacturing operation as part of the expansion, creating 40 jobs. Virginia successfully competed against North Carolina for the project.
RICHMOND - Governor Mark R. Warner today announced that five companies from the Southside and Southwest regions of Virginia were accepted into the Virginia Economic Development Partnership’s new Accessing International Markets (AIM) export development program.
RICHMOND - Governor Mark R. Warner today announced that Dynamic Aviation will invest $4.1 million to expand its facility at Bridgewater Airport in Rockingham County. The project will create 206 new jobs, including avionics technicians, airframe technicians, engine repair technicians and electricians. Virginia successfully competed against Maryland, Oklahoma and West Virginia for the project.
RICHMOND - Governor Mark R. Warner today announced that Universal Fiber Systems, a leading producer of fibers and yarns for carpet, upholstery, automotive, industrial and other textile applications, will invest $8 million to expand its Prisma Fibers facility in Washington County. The project will create 82 new jobs and save 12 current jobs.
RICHMOND - Governor Mark R. Warner today announced that American Funds Service Company, one of The Capital Group companies that manages investments of individuals and large institutions through mutual funds, separately managed accounts and pooled investment funds, will invest $13.7 million to open a customer service center in Chesapeake. The new facility will employ 250 associates. The Capital Group operates two additional Hampton Roads facilities.
RICHMOND - Governor Mark R. Warner today announced that Clifton Forge will be the site of a new statewide customer service and data center for the Smart Tag/E-ZPass electronic toll system. The Virginia Department of Transportation (VDOT) signed a $45 million contract with TransCore to design and operate the center. TransCore, a provider of technology-based services and products that enable customers to efficiently manage ground transportation systems, assets, and transactions, will invest $1.4 million to open the facility.
VIRGINIA BEACH - Governor Mark R. Warner today announced that STIHL Incorporated will invest $78.4 million to expand its facility in Virginia Beach, creating 150 new jobs. The company manufactures handheld outdoor power equipment. Virginia successfully competed against Brazil, Germany and Switzerland for the project.
NEWPORT NEWS - Governor Mark R. Warner today announced that Wolseley, the world's largest specialist trade distributor of plumbing and heating products and a leading supplier of building materials to professional contractors, will invest more than $30 million to build a 220,000-square-foot headquarters facility in Newport News. This new location will eventually add more than 400 new jobs to the area. Virginia successfully competed against North Carolina for the project.
HENRY COUNTY - Governor Mark R. Warner today announced an agreement in principle for MasterBrand Cabinets, Inc., the second-largest cabinet manufacturer in North America, to locate a manufacturing facility in Henry County. Through the company’s anticipated multi-million dollar investment in real estate and equipment, the new facility is expected to create more than 700 new jobs over the next seven years. The project is subject to final approval by the company’s Board of Directors.