Paint and coatings manufacturer invests $2 million
Richmond - Governor Jim Gilmore today announced that Blue Ridge Technology Inc. (BRT), a manufacturer of environmentally safe paints and inks, will locate a new facility in Henry County. The company plans to initially hire 40 new employees and create a total of 100 new jobs by the end of 2000. Virginia successfully competed with North Carolina for the project.
Richmond - Governor Jim Gilmore today announced that Avenir, Inc., an information technology company headquartered in New York City, will locate a new software development facility in Prince William County. Avenir will create 166 new jobs in Virginia through a $3 million investment. The Commonwealth successfully competed with New York, New Jersey, Washington D.C. and Maryland for the project.
Richmond - Governor Jim Gilmore today announced that the Virginia Economic Development Partnership (VEDP) will open a new economic development office in Seoul, Korea in January 2000. The office's functions will be to recruit Korean companies to the Commonwealth and establish trade relationships between Virginia and Korean companies. This office joins other global VEDP offices located in Tokyo, Japan; Frankfurt, Germany; Hong Kong; Mexico City, Mexico; and Sao Paulo, Brazil.
Richmond - Governor Jim Gilmore today announced that the City of Martinsville is breaking ground for its new shell building. The City received a $945,000 loan from the Commonwealth to fund the facility. The 50,000 square-foot building will be located in the Clearview Business Park on the corner of Clearview and Progress Drive. Deputy Secretary of Commerce and Trade Joshua N. Lief represented the Governor at today's ceremony.
Richmond - Governor Jim Gilmore today announced that VFP, Inc. will create 100 new jobs at its Concrete Division plant in Scott County. The Roanoke-based manufacturer will invest $1.2 million in the expansion. The plant opened in June 1997.
"VFP is a respected company that relies on Southwest Virginia's workforce," Governor Gilmore said. "As a growing Virginia-based company and a participant in my trade mission to South America last year, I'm pleased that VFP's product orders have exceeded expectations."
UDig invests $1.6 million to expand IT headquarters operation
RICHMOND - Governor Ralph Northam today announced that UDig, a consulting firm that develops technology business solutions, has invested $1.6 million to expand its IT headquarters operation in Henrico County. The company purchased the 23,000-square-foot Page building located in the Forest Office Park. Virginia successfully competed against Georgia, Maryland, North Carolina, and Washington, D.C. for the project, which will create 51 new jobs.
OSI will invest $2 million in financial services facility
Richmond - Governor Jim Gilmore today announced that Outsourcing Solutions Inc. (OSI), the nation's leading receivables management company, will locate a service center in Henrico County creating 375 new jobs. In addition, 65 employees will be retained from the company's Chesterfield County facility. Virginia successfully competed with New Jersey and Massachusetts for the investment.
Commonwealth Biotechnologies, Inc. to Create 30 New Jobs, Retain 35
Richmond - Governor George Allen today announced that Commonwealth Biotechnologies, Inc., (CBI), will locate a new 30,000-square-foot state-of-the-art facility in Chesterfield County's Gateway Centre. The $4 million investment will create 30 new jobs for Virginians over the next year-and-a-half, and secure 35 current jobs. Virginia successfully competed with Maryland for the project.
High-tech Company's $3 Million Investment will Create and Retain 60 Jobs
Radford - Governor George Allen today announced the decision by Kollmorgen Motion Technologies Group to expand their service center in the City of Radford, a $3 million investment which will retain 30 current jobs for Virginia, and create another 30 at a new building at the Radford Corporate Campus West. Virginia successfully competed against New York for the investment by Kollmorgen.
Virginia Beach - Governor George Allen today announced that GEICO, the nation's seventh largest automobile insurer, will locate a new customer sales and service center in the Corporate Landing Business Park in the City of Virginia Beach. The $17.3 million capital investment will create 800 new jobs for Virginians. The company projects over 2,000 employees will occupy the facility in five to 10 years. Virginia successfully competed with New York, Pennsylvania and Ohio for the investment.