RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Christiansburg company, Hubbell Lighting, Inc., 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.
RED OAK - Governor Bob McDonnell traveled to Red Oak today to announce that Morgan Lumber Company will invest $4.2 million to expand in Charlotte County. The company plans to install a new dry kiln technology known as the “Continuous Dry Kiln,” enabling 100 percent increased production and increased energy efficiency. The project will create 25 new jobs and bolster the Commonwealth’s forest products industry. Virginia successfully competed with North Carolina for the project.
RICHMOND - Governor McDonnell today made his second economic development and jobs creation announcement in one week—Kraft Foods Global, Inc. will invest $40 million to increase production of its Capri Sun beverage product at its facility in Frederick County. The project will create 100 new jobs.
RICHMOND - Governor Bob McDonnell today announced that Mercury Paper, Inc. will invest $21.2 million to expand its current facility in Shenandoah County and relocate its North American headquarters to the site, creating 150 new jobs in the process. Mercury Paper's parent company, Sinar Mas Group, one of the world's leading pulp and paper companies, is headquartered in Shanghai, China.
RICHMOND - Governor Bob McDonnell today announced that DIRECTV, the world's most popular video service, and its customer service partner, Convergys, plan to establish a virtual call center in Southwest Virginia.
RICHMOND - Governor Bob McDonnell today announced that Polymer Group, Inc. (OTC Bulletin Board: POLGA; POLGB) (PGI), one of the world's leading producers of nonwoven fabrics, plans to invest at least $65 million to expand its existing facility in the City of Waynesboro. The investment would include the purchase of high-technology equipment to establish a new manufacturing line and increase production, and the expansion of the current building in order to accommodate the new line. The project would also create 41 new jobs.
KING WILLIAM - Governor Bob McDonnell today announced a 12-mile natural gas pipeline project along U.S. Route 360 in King William County. Lieutenant Governor Bill Bolling joined business and government leaders today on the Governor’s behalf to break ground at the project site. Area corporations, including Virginia Natural Gas and Nestlé Purina PetCare Company, are joining with the Commonwealth to help fund the $6.5 million investment. The new infrastructure for King William County will allow Virginia Natural Gas to serve the County for the first time.
RICHMOND - Governor Bob McDonnell today announced that QTS (Quality Technology Services), one of the nation’s largest and fastest-growing privately held providers of data center facilities and managed services, has acquired the former 1.3 million square-foot Qimonda facility, which includes nearly $1.1 billion dollars of existing state-of-the-art infrastructure in Henrico County. QTS will invest more than $100 million over the next three years to retrofit the property to provide the most secure and reliable data center services in the area.
RICHMOND - Governor Bob McDonnell today announced that EcomNets, a company dedicated to advancing energy efficiency in data centers and business computing ecosystems, will invest $1.94 million to establish a green computer, server and storage area network manufacturing operation in Danville. The project will create 160 new jobs.
RICHMOND - Governor Bob McDonnell today announced that Northrop Grumman Corporation, a leading global security company, will relocate its corporate headquarters from Los Angeles to Virginia, creating 300 new jobs in the Commonwealth.