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.
RICHMOND - Governor Mark R. Warner today announced that Guardian Industries Corp., a manufacturer of glass products, will expand its operations in the City of Galax. Through a $2.5-million investment in building improvements and equipment, the company will add an additional product line called laminated glass which is mainly used in window applications for safety, sound control, and ultraviolet protection products. Guardian’s expansion will create 54 new jobs over the next 30 months.
RICHMOND - Governor Mark R. Warner today announced that Franklin Braid will expand its operations in the City of Emporia. Through a $1.5-million investment, the project will create 25 new jobs at the company’s existing facility on Davis Street. Virginia successfully competed with Pennsylvania for the project.
“I am pleased to announce that Franklin Braid is reinvesting in the Commonwealth,” said Governor Warner. “This great company will create additional job opportunities for the people of Emporia and surrounding communities.”
Company to retrain 130 employees with support from the Virginia Jobs Investment Program
RICHMOND - Governor Mark R. Warner today announced that M&H Plastics, a British company, will locate its first U.S. facility in Frederick County. The manufacturer of plastic bottles, caps and tubes for the personal care market will create 57 new jobs through a $12 million capital investment. Virginia successfully competed with Georgia, North Carolina, Maryland and Canada for the project.
RICHMOND - Governor Mark R. Warner today announced that HP Hood Inc. will expand its milk processing facility in Frederick County. Through a $42.8 million investment, the company will increase its capacity for existing products and enable the production of new, technologically-advanced products. The expansion will create 65 new jobs in a variety of skilled labor positions. Virginia successfully competed with locations further north and west for the project.