Virginia's Economic Development Leaders to Lay Groundwork for Future Job Creation
Richmond - Virginia Governor Jim Gilmore today announced that he will travel to Europe on April 26, 1998 to meet with top corporate executives from Germany and the United Kingdom. Secretary of Commerce and Trade Barry E. DuVal and Wayne L. Sterling, Executive Director of the Virginia Economic Development Partnership, will accompany Governor Gilmore to Europe.
Attends grand opening festivities for $150 million facility in Lynchburg
Lynchburg - Virginia Governor Jim Gilmore today attended a grand opening ceremony for Frito-Lay's new manufacturing and distribution facility in Lynchburg. The plant is expected to create 800 new jobs for Virginians as a result of a $150 million investment. Frito-Lay originally announced plans to build the plant in Virginia in May 1996 and predicts it will contribute nearly $2.5 billion to the Commonwealth's economy over the next 10 years.
Star Tobacco & Pharmaceuticals will create 65 jobs in Chase City
Richmond - Virginia Governor Jim Gilmore today announced the decision by Star Tobacco & Pharmaceuticals to locate a manufacturing facility in the Town of Chase City. The company is a tobacco manufacturer and the exclusive licensee to a technology to eliminate nitrosamines. Star Tobacco & Pharmaceuticals will hire 65 employees with a capital investment of $3 million.
Readicut International finalizes dual operations for Martinsville Industrial Park
Gilmore also discusses partnership between Virginia and Boehringer Ingelheim for workforce trainin
Virginia Companies to Build Business Partnerships with Global Firms
State to host the 1998 World Congress on Information Technology June 21-24
Richmond - More than 1,500 of the world's top information technology leaders will gather in Northern Virginia for the 1998 World Congress on Information Technology in June 1998. Northern Virginia has the highest concentration of IT firms in the nation.
Swedish-owned Svedala to move facility from West Virginia to Saltville
Smyth County - Virginia Governor Jim Gilmore today announced the decision by Svedala Industri AB to relocate a manufacturing facility from Nitro, West Virginia, to the Town of Saltville. The Swedish company will invest $350,000 in the facility and create at least 45 new jobs for Southwest Virginians over the next year.
Governor Gilmore announces 196 new jobs; $30.5 million investment
Hampton - Governor Jim Gilmore today announced the decision by Howmet Corporation, a manufacturer of turbine engine components, to expand its Hampton facility by adding 196 new employees over the next three years. Secretary of Commerce and Trade Barry E. DuVal joined Howmet executives in Hampton today to make the announcement public. The company will invest $30.5 million in the project.
First Data Resources to locate new facility in Virginia
Richmond - Governor Jim Gilmore today announced that First Data Resources, Inc., a leading global provider of transaction processing services, will locate a $15 million credit card personalization and distribution center in the City of Chesapeake. The company will initially hire 120 workers and anticipates adding up to a total of 500 new jobs.