Governor praises site as companies can now
Richmond - The Virginia Economic Development Partnership (VEDP) today unveiled VirginiaScan™, a new feature on its award-winning web site www.YesVirginia.org. VirginiaScan™ allows corporate executives to search an online database of the state's sites and buildings from anywhere in the world. Using fast ColdFusion technology, the new feature provides the quickest, most accurate preliminary site search on the web.
Governor Gilmore announces furniture company to invest $12.5 million
Investors Corporation will invest $12 million, Governor approves $200,000 GOF grant; authorizes work
Virginia's Economic Development Arm Names Ike Prillaman, of Norfolk Southern, Board Chair
Richmond - The Virginia Economic Development Partnership (VEDP) Board of Directors selected its new Chair, L. I. "Ike" Prillaman and Vice-Chair, Jean E. Clary. The officers were recently elected during the quarterly VEDP board meeting. The VEDP Board of Directors reports annually to the Governor on the status of the implementation of the state's comprehensive economic development strategy, and recommends legislative and executive actions related to it.
Completed fab will offer more than 1,100 new jobs for Henrico County
Richmond - Governor Jim Gilmore today announced that Infineon Technologies (DAX/NYSE: IFX) will expand its presence in Henrico County by becoming the first semiconductor plant to commercially produce 300 mm wafers on the East Coast. Infineon Technologies Richmond, formerly known as White Oak Semiconductor, expects to create 1,100 new jobs at full build-out as a result of the expansion. Production is due to start in early 2002.
Aspen Motion Technologies will locate $9.2 million manufacturing facility in City of Radford
Richmond - Governor Jim Gilmore today announced that Aspen Motion Technologies will locate a $9.2 million manufacturing facility in the City of Radford for production of its high level electromechanical assemblies. The company will create up to 171 new jobs over the next three years at the Radford Shell Building. Virginia successfully competed with Pennsylvania for the investment.
Virginia emerges as automotive leader with $148 million investment, nearly 1,300 new jobs
Richmond - Governor Jim Gilmore yesterday announced in his State of the Commonwealth address to the Virginia General Assembly that Volvo Trucks North America will expand its Pulaski County assembly plant and add 1,277 new jobs for Virginians. The $148 million investment will allow the company to increase manufacturing capacity and add new support operations.
Company's expansion will create 366 new jobs for Hampton Roads region
Richmond - Governor Jim Gilmore today announced that Coastal Training Technologies Corp. will expand its Virginia Beach facility. The new 100,000-square-foot expansion will create 366 new jobs and a $14 million investment. A $500,000 grant from the Governor's Opportunity Fund will be given to the city to assist with site acquisition. Secretary of Commerce and Trade Barry E. DuVal attended today's announcement ceremony.
Company's expansion in Northampton County will result in 50 new jobs for Eastern Shore
Cape Charles, VA - Governor Jim Gilmore today announced that Energy Recovery, Inc. (ERI) has chosen the Cape Charles Sustainable Technology Park for its manufacturing and research and development operations. The company plans to hire 50 employees through a $2.5 million investment.
Science Applications International Corp's expansion in Fauquier County to create 150 new job