RICHMOND - The Virginia Economic Development Partnership (VEDP) Board of Directors selected its new chair, C. Daniel Clemente of McLean, and vice chair, Vince Mastracco of Norfolk. Clemente and Mastracco were elected at VEDP’s board meeting on June 9, 2016. As a state authority, the Partnership is governed by a 24-member Board of Directors comprised of businesspersons from around the Commonwealth, each of whom is appointed by the Governor and the General Assembly.
RICHMOND - Governor Terry McAuliffe announced today that Phone2Action, a civic engagement software platform, will invest $150,000 to relocate from Washington, D.C., to Arlington County and expand its software operation. Launched in 2014, the company supplies social advocacy and civic engagement tools that connect constituents with their elected officials. The project will create 142 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that SANJO Corte Fino, a fineblanking manufacturer based in Barcelona, Spain, will invest $17.5 million to establish its North American headquarters in the City of Virginia Beach. SANJO will supply specialty fineblanking metal components to STIHL Inc, also headquartered in Virginia Beach, as well as to tier-one automotive suppliers. Virginia successfully competed against Kentucky for the project, which will create 85 new jobs.
RICHMOND - Governor McAuliffe today announced that Frontier Secure, a division of Frontier Communications Corporation, will locate a customer care center in Wise County. The facility will provide customer and technical support for its clients. Virginia successfully competed against Georgia, Kansas and South Carolina for the project, which will create up to 500 new jobs.
RICHMOND - Governor McAuliffe today announced that Pacific Life Insurance Company will invest nearly $4 million to open a business center in the City of Lynchburg, expanding the company’s suite of innovative products and service capabilities. With this investment, the company completed an acquisition of the term life new business platform from Genworth Financial. The project will create 300 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that Grant Thornton LLP, a leading U.S. professional-services firm, will invest $15.75 million to consolidate offices and grow its presence across the Northern Virginia region. Virginia successfully competed against Washington, D.C. for the project, which will retain 994 jobs and create 348 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that North Carolina-based Performance Livestock and Feed Company, Inc., will invest $4.2 million to establish a new feed production operation in Henry County. The family-owned business will increase production by 50 percent over the next three years, and commit to purchasing nearly $11 million in Virginia-sourced grains and other feed ingredients. Virginia successfully competed against North Carolina for the project, which will create 32 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that lightweight metals leader Alcoa will invest more than $8 million to expand its aerospace forging capabilities at its Alcoa Titanium & Engineered Products manufacturing operation in Henry County. The investment will add a new grinder and two new forge furnaces, doubling the facility’s forging capacity and creating 15 new jobs paying above the average prevailing wage in the region. Alcoa expects to complete the expansion by the end of this year.
RICHMOND - Governor Terry McAuliffe announced today that Ballast Point Brewing and Spirits will invest $47.8 million to establish an East Coast brewing operation in Botetourt County. The Governor met with company officials at their headquarters in San Diego during his September 2015 West Coast Marketing Mission. Virginia successfully competed against several Eastern states for the project, which will create 178 new jobs.
RICHMOND - Governor Terry McAuliffe announced today that Lohmann Specialty Coatings LLC, a subsidiary of Lohmann Corporation and Subsidiaries, will invest $6.7 million to expand its manufacturing operation in Orange County. The company, which manufactures adhesive bonding materials for custom coating of adhesives, slit rolls, double-sided tapes, and precision die-cutting, will increase capacity to include fabricating and specialty converting, creating 56 new jobs. Virginia successfully competed against Kentucky and West Virginia for the project.