RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Stafford County company, Dependable Global Solutions (DGS), into its two-year Virginia Leaders in Export Trade (VALET) program. 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. Participating firms are chosen based on their dedication to growing their export sales.

RICHMOND - Governor Terry McAuliffe announced today that AvePoint, Inc., the established leader in enabling enterprise collaboration across platforms and devices, will invest $1.5 million to establish an operation in the City of Richmond, creating 100 new jobs. The company will also expand in Arlington County, creating 55 new jobs. Virginia successfully competed against Atlanta, Georgia for the project.

RICHMOND - Governor Terry McAuliffe announced today Arkay Packaging Corporation, one of the world’s premiere folding carton manufacturing companies, will invest $11 million to upgrade equipment and expand its operation in Botetourt County. The project will create 50 new jobs.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that 10 Virginia healthcare companies will market their products and services at Arab Health 2016, the largest healthcare exhibition and conference in the Middle East, and the second largest in the world. The 2016 exhibition will showcase more than 4,000 companies exhibiting their latest innovations to more than 130,000 healthcare professionals attending from 163 countries. Arab Health 2016 will be held at the Dubai International Convention & Exhibition Centre, January 25 – 28.

RICHMOND - Governor Terry McAuliffe announced today that Printpack, one of the largest flexible packaging converters in the United States, will invest $25.7 million to expand its manufacturing operation in the City of Newport News. Virginia successfully competed against Missouri for the project, which will create 50 new jobs.

RICHMOND - Governor Terry McAuliffe announced today that San Francisco-based Shift Technologies (Shift) will invest $20 million to establish its first East Coast operation in Arlington County. The project will create 100 new, high-tech jobs and is a direct result of the Governor’s meeting with company officials in California during his West Coast marketing mission in September 2015.

RICHMOND - Twelve companies from across the Commonwealth graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program, touting impressive results from their newly acquired tools to successfully export products and services overseas. The graduating companies were recognized by Governor McAuliffe during a luncheon at the downtown Omni Hotel today.

RICHMOND - Governor McAuliffe today announced the signing of a Memorandum of Understanding (MOU) between the United States Africa Command (AFRICOM) and the Virginia Economic Development Partnership (VEDP). AFRICOM is one of six geographic combatant commands in the Department of Defense and is responsible to the Secretary of Defense for military relations with African nations, the African Union, and African regional security organizations. 

RICHMOND - Governor Terry McAuliffe announced today that Starsprings, a privately-held spring and spring-unit manufacturer based in Sweden, will invest $3.7 million to establish its first U.S. manufacturing operation in Henry County. The company will supply mattress units used in long-distance trucking. Virginia successfully competed against North Carolina and Pennsylvania for the project, which will create 68 new jobs.

RICHMOND - Governor Terry McAuliffe announced today that Kingspan Insulation, LLC, a subsidiary of Ireland-based Kingspan Group PLC, will invest $25 million to upgrade its manufacturing operation in Frederick County. In November 2014 Kingspan acquired Pactiv LLC’s Building Products division, which included the manufacturing plant. The company will invest in plant upgrades and new equipment, creating 15 new jobs.