Economic Development News
Thursday, November 15 2018
1901 Group to invest $4 million to expand Enterprise IT Operations Center and corporate footprint
Richmond, VA — Governor Ralph Northam announced that 1901 Group, a trusted provider of IT services for the public and private sectors, will invest $4 million to expand its Enterprise IT Operations Center headquartered in Montgomery County and its corporate offices in Fairfax County. The company will receive funding for the project from the Virginia Jobs Investment Program (VJIP), which will support the addition of 580 new jobs in Montgomery County and 225 new jobs in Fairfax County by 2021.
“The decision by 1901 Group to expand its operations in Montgomery and Fairfax Counties is a strong testament to Virginia’s ability to compete for major projects that will result in tremendous opportunity for citizens across the Commonwealth,” said Governor Ralph Northam. “With one of the largest technology talent pools in the nation, Virginia’s thriving IT industry promises high anticipated growth and upward mobility for employees. We thank 1901 Group for creating more than 800 new 21st-century jobs and for contributing to our efforts to ensure that all Virginians, no matter who they are or where they live, have access to a promising future.”
Thursday, November 08 2018
Carry-On Trailer, Inc. to expand manufacturing operation
Montross, VA — Governor Ralph Northam announced that Carry-On Trailer, Inc., a leading manufacturer of steel and utility trailers, will invest $1.6 million to expand its facility in Westmoreland County. Virginia successfully competed against Georgia and Pennsylvania for this investment opportunity, which will create 42 new jobs and allow Carry-On Trailer to meet growing market demand for its products.
“Virginia’s manufacturing sector is an important engine for economic development in rural communities across our Commonwealth, and it is an honor to partner with companies like Carry-On Trailer that catalyze industry growth and job creation,” said Governor Northam. “We thank Carry-On Trailer for reinvesting in Westmoreland County and look forward to the addition of 42 new jobs in the Northern Neck with this expansion.”
Wednesday, October 24 2018
KPMG LLP to invest more than $30 million to expand in Tysons Corner
Richmond, VA — Governor Ralph Northam announced that KPMG LLP, a U.S. audit, tax, and advisory firm, will invest more than $30 million to expand its operations in Fairfax County. Virginia successfully competed against Washington, D.C. for this project, which will create more than 500 new jobs.
“With nearly 2,000 employees across Fairfax County, KPMG is an invaluable contributor to the regional economy, and we are honored that a corporate services provider of this caliber has chosen to grow in Virginia,” said Governor Northam. “This major expansion reinforces the company’s commitment to the Commonwealth and to Northern Virginia’s dependable talent pipeline. We thank KPMG for creating over 500 new, high-quality jobs and look forward to its continued success in Fairfax County.”
Tuesday, October 23 2018
Two Six Labs to invest $3.4 million to expand headquarters
Richmond, VA — Governor Ralph Northam announced that Two Six Labs, LLC, a cybersecurity and IT company that develops applications for problem solving in the field, will invest $3.4 million to relocate to a new office and expand its corporate headquarters in Arlington County. Two Six Labs will receive funding from the Virginia Jobs Investment Program (VJIP) to support the recruitment and training of 87 new employees who will specialize in machine/deep learning, distributed computing, vulnerability research, and reverse engineering at the new facility.
“Virginia has emerged as a national leader in cybersecurity and cutting-edge technology, and we are thrilled that an innovative cybersecurity company like Two Six Labs has chosen Arlington County as the site of its multi-million-dollar investment and will more than double its workforce in the Commonwealth,” said Governor Ralph Northam. “Creating quality jobs in high-growth sectors is one of my top priorities as Governor, and expansions such as this one demonstrate that our efforts are having a positive impact.”
Wednesday, September 26 2018
Company’s data center site will grow from two buildings to five
Henrico County, VA — Governor Ralph Northam announced that Facebook will invest an additional $750 million to expand its data center in Henrico County. This investment is in addition to the $1 billion investment in Henrico County that Facebook announced last year. The company will construct three new 500,000 square-foot buildings, bringing the planned total square footage to over 2.4 million square feet.
Facebook anticipates that the expanded site will support over 200 jobs once operational and will represent more than 1,500 construction jobs at peak. In addition, this phase will be supported by 100 percent renewable energy through the renewable energy tariff offered by Dominion Energy.
Wednesday, September 19 2018
Monogram Foods to invest $30 million in fourth manufacturing operation expansion
Martinsville, VA — Governor Ralph Northam announced that Monogram Food Solutions, LLC, a Memphis-based manufacturer of value-added meats, will invest $30 million to expand its manufacturing operation, Monogram Snacks, in Henry County. The company will expand its product lines to accommodate new and expanding contracts. Virginia successfully competed against six other states for the project, which will create 300 new jobs.
“When an industry-leader like Monogram Foods expands its operation four times in less than a decade, it is a powerful testament to Henry County’s skilled workforce, competitive operating costs, and infrastructure,” said Governor Northam. “Monogram has quickly become one of the region’s top employers and we are honored that the company has chosen to reinvest here, creating an additional 300 high-quality jobs in the Commonwealth. We congratulate Monogram on its remarkable growth, and are confident the company will continue to succeed in Southern Virginia.”
Tuesday, September 11 2018
McLean, VA — The International Manufacturing Technology Show (IMTS), opened this morning to record numbers: 1,424,232 sq. ft. of exhibit space and 2,123 booths representing 2,563 exhibiting companies. Exhibitors have brought in more than 55 million lbs. of machinery on 4,465 trucks with eight machines weighing more than 100,000 lbs. As of Sept. 7th, the number of pre-registered visitors exceeded 113,000, which is also on pace for a possible record. IMTS 2018 runs from Sept. 10 – 15 at Chicago’s McCormick Place.
“IMTS 2018 is setting records because manufacturing technology has grown exponentially since last show,” says Peter R. Eelman, Vice President – Exhibitions & Business Development at AMT – The Association For Manufacturing Technology, which owns and produces IMTS. “The rapid growth of digital technology, automation and additive manufacturing are especially driving interest. The booming manufacturing economy means visitors have capital and are ready to invest.”
Governor Northam Announces Major Investment in Micron's Semiconductor Manufacturing Facility in Manassas
Wednesday, August 29 2018
Proposed expansion represents $3 billion in capital investment and 1,100 jobs
Manassas, VA — Governor Ralph Northam announced that Micron Technology, Inc. (NASDAQ:MU) will invest $3 billion to increase memory production at its operation in the City of Manassas, creating 1,100 new jobs by 2030. Virginia successfully secured Micron’s commitment after the company considered multiple other locations around the world. The expansion will position the Manassas site as Micron’s Center of Excellence for long-lifecycle memory and will cement the company’s position as one of Virginia’s largest exporters, as it is expected to increase exports from the Commonwealth by more than $1 billion annually after completion.
As part of the expansion, Micron will establish a global research and development center in Manassas for memory and storage solutions primarily focused on the automotive, industrial and networking markets. The research and development center will include laboratories, test equipment and approximately 100 product engineers focused on applications such as unmanned and autonomous automotive systems, the IoT (Internet of Things), and other industrial and networking applications. Additionally, the company announced that the Micron Foundation, the company’s philanthropic organization, will commit $1 million toward growing the next generation of scientists, engineers and technicians at several Virginia universities and community colleges.
Monday, August 27 2018
The Winery at Bull Run to double production, receive county’s first AFID award
Centreville, VA — Governor Ralph Northam announced that The Winery at Bull Run will invest $1.7 million, create 38 new jobs, and double production of its award-winning wines, which are made using only Virginia-grown grapes. The winery, which opened in 2012 on 225 acres adjacent to the Manassas National Battlefield Park, also produces grapes on site and at its 40-acre vineyard in Rappahannock County. Its location by the battlefield and proximity to Washington D.C. have made the winery an important tourist attraction, bringing thousands of tourists to the Commonwealth each year.
“The Commonwealth is home to a vibrant agribusiness economy, with the Virginia wine industry contributing nearly $1.37 billion dollars to our economy each year. Today’s expansion is a clear sign that Virginia’s world class wine industry is continuing to grow and succeed,” said Governor Northam. “Strong local support for these businesses is essential to maintaining their growth, and I am pleased that we are able to assist with this important expansion.”
Tuesday, August 21 2018
MAG Aerospace to invest $5.5 million to relocate and expand corporate headquarters
Richmond, VA — Governor Ralph Northam announced that MAG Aerospace, the leading independent provider of manned/unmanned full-spectrum outsourced Intelligence, Surveillance, and Reconnaissance (ISR) services, will invest $5.5 million to relocate and expand its corporate headquarters in Fairfax County. The company’s new headquarters facility, which officially opened August 20th, is located at 12730 Fair Lakes Circle in Fairfax. Virginia successfully competed against Alabama and North Carolina for the project, which will create 120 new jobs.
“Virginia is taking unmanned aerial systems to new heights because of our unique combination of research and development assets, acclaimed universities and industry training programs, and skilled talent pipeline,” said Governor Northam. “This rapidly-growing sector presents enormous economic opportunity for the Commonwealth, and we are pleased that this industry leader has chosen to remain and grow in Northern Virginia.”
Thursday, August 16 2018
Funding includes grants for mega-site advancement project and regional workforce development initiatives
Richmond, VA — Governor Northam announced three regional projects funded through GO Virginia (Growth and Opportunity for Virginia) grants totaling $4,217,500. Key members of the Governor’s cabinet, the General Assembly and the business community approved the GO Virginia regional per capita and competitive grants for projects across the Commonwealth. These grants are for projects each region identified as vital to their efforts to diversify the regional economy, strengthen their workforce and support collaborative programs between localities, public entities and private businesses.
“GO Virginia invests in key projects that are focused on creating a strong regional workforce and enhancing infrastructure to attract new businesses and improve the quality of life for all residents,” said Governor Northam. “We have developed a unified strategy for regional economic development in all areas of the Commonwealth—these GO Virginia grants will support important local projects and solidify Virginia’s place as the best state to do business.”
Tuesday, August 14 2018
Sumitomo Machinery Corporation of America to update machinery at manufacturing operation
Richmond, VA — Governor Ralph Northam announced that Sumitomo Machinery Corporation of America (SMA) will make a multi-million dollar investment in new machinery at its manufacturing operation in Augusta County. The company will purchase new 10-and 20-ton overhead cranes, a new paint booth, a washer/deburrer, an automatic storage retrieval system, and new assembly workstations. Sumitomo recently built a new 72,000-square-foot facility adjacent to its former Mill Place Commerce Park location that will serve as SMA’s new Gearbox Center of Excellence. The company will receive funding from the Virginia Jobs Investment Program (VJIP) to support the retraining of 34 existing employees on the new equipment, processes, and certifications.
“Sumitomo is a longtime, valuable corporate partner to the Commonwealth, and we are glad this global company has chosen to reinvest in Augusta County and Virginia,” said Governor Northam. “Companies in the Shenandoah Valley benefit from the region’s skilled manufacturing workforce, unmatched infrastructure, and access to major interstates. I am confident Sumitomo will continue to be successful in Augusta County.”
Friday, June 01 2018
New Jobs Coming to Brunswick County
Brunswick County, VA -- The Brunswick County Industrial Development Authority, the Brunswick County Board of Supervisors, and the Town of Lawrenceville announced today KASS Foods, a healthy snack food manufacturer, will invest to establish an operation in Brunswick County, Town of Lawrenceville. Virginia successfully competed against North Carolina and Maryland for the project, which will bring eight new jobs to the region.
Mike Dotti, Chair of Brunswick County IDA Board said, “It is an easy thing to say Brunswick County is open for business. To create an environment where new business is possible takes the work of a lot of people. We could not have done this without our team. The Board of Supervisors, Carthan Currin, Economic Development Director, C. J. Dean and the Town of Lawrenceville, the Tobacco Commission, the amazing IDA board all moving forward under the proactive leadership of our County Administrator, Dr. Woolridge. A special thanks to Ajay and the fine people of KASS for their investment in our County.”
Monday, April 02 2018
Warehousing and Production Improvements Will Double Capacity for Company’s World-Renowned Bushmaster Family of Medium Caliber Cannons - Capital Investment Grows Facility Capability While Also Creating New Jobs
Dulles, VA — Orbital ATK, a global leader in aerospace and defense technologies and Arizona Governor Doug Ducey, announced the expansion of the company’s production facility in Mesa, Arizona.
Pioneering tube-bending solutions provider, Unison Ltd, is increasing its manufacturing capacity and opening a new factory in Virginia
Friday, September 22 2017
Danville, VA — This will be Unison Ltd’s second manufacturing facility, firmly establishing Unison’s committed production capabilities in the USA.
The new factory in Danville, Virginia, is intended to support the activities of the plant in North Yorkshire, which has witnessed a considerable manufacturing growth that is expected to continue for the foreseeable future.
Virginia Governor Terry McAuliffe recently announced that Unison Ltd will invest $5.2 million to establish its first U.S. manufacturing operation in the Cane Creek Centre Industrial Park, jointly owned by the City of Danville and Pittsylvania County.
Friday, June 23 2017
Package metals industry partner to invest $870,000 to add equipment, expand capacity
Friday, March 10 2017
Savannah, GA and Norfolk, VA -- The Georgia Ports Authority and the Virginia Port Authority filed on Friday, Feb. 24, 2017, with the Federal Maritime Commission (FMC) to create the “East Coast Gateway Terminal Agreement.”
The agreement encourages voluntary cooperation in the areas of operational and supply chain efficiencies, safety, communications and customer service.
“The U.S. East Coast continues to see larger vessels and cargo exchanges since the opening of the expanded Panama Canal last year,” VPA CEO and Executive Director John Reinhart and GPA Executive Director Griff Lynch said in a joint statement.
“Increasingly, our customers are seeking gateway ports on the East Coast that can leverage sufficient landside infrastructure to ensure the free flow of cargo.
Governor McAuliffe Announces Atarfil to Invest More Than $5 Million to Establish Facility in the City of Suffolk
Friday, March 10 2017
Company’s first U.S. manufacturing and distribution facility will create 15 new jobs
Richmond, VA -- Governor Terry McAuliffe announced that Spain-based Atarfil, a world leader in developing, manufacturing, and marketing thermoplastic geomembranes, will invest $5.1 million to establish its first U.S. manufacturing and distribution facility in the City of Suffolk. Virginia successfully competed against Maryland for the project, which will create 15 new jobs.
Monday, February 27 2017
Savannah, GA and Norfolk, VA — The Georgia Ports Authority and the Virginia Port Authority filed on Friday, Feb. 24, 2017, with the Federal Maritime Commission (FMC) to create the “East Coast Gateway Terminal Agreement.”
The agreement encourages voluntary cooperation in the areas of operational and supply chain efficiencies, safety, communications and customer service.
“The U.S. East Coast continues to see larger vessels and cargo exchanges since the opening of the expanded Panama Canal last year,” VPA CEO and Executive Director John Reinhart and GPA Executive Director Griff Lynch said in a joint statement. “Increasingly, our customers are seeking gateway ports on the East Coast that can leverage sufficient landside infrastructure to ensure the free flow of cargo. The states of Georgia and Virginia have made the necessary investments to prepare for this new era in global trade. The East Coast Gateway Terminal Agreement is an innovative collaboration that will allow us to find new ways to become more efficient and effective.”
The agreement will enable the member ports to work together to find ways to become more efficient and effective, which will benefit the citizens of their respective states, as well as shippers and the carriers.
Additional areas of cooperation between the GPA and VPA include acquisition and utilization of joint marketing materials and sharing best practices in areas such as terminal operating systems, training, cargo handling, access, turn-times and infrastructure, as well as supporting the promotion of all-water routes from the U.S. East Coast to the international marketplace via the Panama Canal.
Georgia and Virginia are not the first terminal operators to file with the FMC to share information. In December 2016, APM Terminals, DP World, Hutchinson Port Holdings, PSA International, Shanghai International Port (Group) Co., and the Port of Rotterdam Authority filed the “Global Ports Group Agreement” with the Federal Maritime Commission to promote the efficiency and effectiveness of the container port industry.
Find print-quality portraits of Griff Lynch and John Reinhart here.
About Georgia Ports Authority
About The Port of Virginia
Tuesday, November 01 2016
Solon, OH -- HDT Global (HDT), a leading provider of highly engineered, application-specific solutions for military, civilian, commercial and industrial customers announced the transition of its manufacturing operations based in Buena Vista, VA to a new facility located adjacent to its current Huntsville, Alabama facility. HDT also announced the planned opening of its new built-for-purpose HDT Battle Lab and Advanced Development (BLADE) Center in Spotsylvania, VA.
The HDT Buena Vista facility has provided state of the art expeditionary shelter systems for many years. In its new location, HDT will build on its legacy by incorporating value-stream aligned manufacturing methodologies, ensuring rapid and flexible response to our customers’ needs for both current and future programs and initiatives. Michael Kinney, Vice President of Operations, stated, “The new facility offers increased production capacity, while decreasing overhead costs and streamlining related production processes into one geographic area, strategically located in Huntsville.” Sean Bond, President and CEO, added, “The decision to move our shelter manufacturing facility was thoughtfully made.
Friday, October 28 2016
Suffolk, VA -- Panattoni Development Company, Inc. has broken ground on a 284,580 SF Class A warehouse located in the Virginia Regional Commerce Park at 5391 Virginia Regional Drive in Suffolk, Va. The development will feature 32’ clear height ceilings, 55 dock doors, 1 drive-in level overhead door on each end, customized office space, ESFR sprinkler system, and high efficiency, high output, T-5 lighting.
Panattoni is a privately held commercial real estate development company specializing in industrial, office, and build to suit projects and is headquartered in Newport Beach, CA. The first building in the Park was completed in 2010, and is currently 100% leased to an impressive tenant roster including Caspari, ARTFX, Sumitomo, Best Brakes and Massimo Zanetti Beverage USA.
Friday, October 21 2016
Manassas, VA -- Kansas City-based Kessinger/Hunter & Co. LC has been selected as Iron Mountain Inc.’s development partner for a 150,000-square-foot data center — the first phase of a $441 million data center campus in Manassas, Va.
The announcement came as Iron Mountain (NYSE: IRM), a global leader in storage and information management services, began work on the 83-acre campus, which will provide 60 megawatts of capacity spread across at least four individual colocation facilities.
The first building, expected to open in the summer, will offer 10.5 megawatts of critical power and a flexible design to meet the exacting requirements of cloud services providers, federal government agencies, systems integrators, financial services firms and health care companies. The purpose-built data center will be built to Uptime Tier III construction standards for critical infrastructure design and availability.
Thursday, August 18 2016
Niagara Bottling LLC to establish Mid-Atlantic operation, creating 76 new jobs
Richmond, VA -- Governor Terry McAuliffe announced today that Niagara Bottling LLC, a family-owned and operated bottled beverage supplier, will invest $95 million to establish a manufacturing and bottling operation at Meadowville Technology Park in Chesterfield County. The company will utilize state-of-the-art filtration to produce its Niagara brand and private label bottled water. Virginia successfully competed against Maryland for the project, which will create 76 new jobs.
“Recruiting companies such as Niagara Bottling is at the heart of our efforts to create jobs, diversify and build a new Virginia economy,” said Governor McAuliffe. “We are pleased Niagara chose Chesterfield County for this significant expansion, and are confident the company will thrive in the Commonwealth, thanks to our strategic location and motivated workforce.”
Thursday, August 18 2016
Loudoun County, VA -- “Loudoun County is one of America’s real economic development success stories,” says Loudoun Economic Development’s Executive Director Buddy Rizer.
In the fiscal year that started July 1, 2015 and ended June 30, 2016, the department recruited or retained 71 businesses, which collectively invested more than $2.3 billion in Loudoun. That’s the most investment earned by any county in Virginia, and it’s double the amount of investment earned by Loudoun last year, which had been economic development’s best year on record.
The businesses that moved to or expanded in Loudoun in FY16 range from behemoths like Digital Realty, Equinix, Dupont Fabros and CyrusOne – international data center companies whose latest Loudoun projects added millions of square feet of flex industrial space – to Hanley Energy, an 80 year-old Irish company that opened its first U.S. office in Ashburn.
Wednesday, August 17 2016
ALDI to invest $57 million to establish division headquarters and distribution center
Richmond, VA -- Governor Terry McAuliffe announced that ALDI, a leader in the grocery retailing industry, will invest $57 million to establish a division headquarters and 500,000-square-foot distribution facility in Dinwiddie County. Virginia successfully competed against North Carolina for the project, which will create 145 new jobs.
“The decision by ALDI to choose Dinwiddie County as their division headquarters and distribution center is a wonderful testament to Virginia’s economic development assets and competitiveness,” said Governor McAuliffe. “The Commonwealth continues to be a top state for the retail and distribution industry, and I am pleased to welcome one of the nation’s fastest growing retailers to Virginia. This announcement is a significant win for Dinwiddie County and a great step forward in our efforts to diversify and build a new Virginia economy.”
Wednesday, August 10 2016
Company invests $1.6 million
Lyndhurst, VA -- Innovative Refrigeration Systems announces it will invest $1.6 million and create 100 new jobs over the next three years. The Lyndhurst, Virginia-headquartered business currently employs 94 at its Lyndhurst plant and employs 235 employees throughout the U.S.
Michael McGinnis, President of Innovative Refrigeration, is proud of Innovative Refrigeration’s growth and success over the past 23 years. “I am extremely pleased with the company’s continued success, and the relationships we have developed with our customers. We use a tailored approach with our clients and their customized systems in order to offer them the most cost-effective, efficient systems to meet their refrigeration needs. Our success would not be possible without qualified, dedicated employees. I’m very proud of our staff and look forward to expanding our team,” said Mr. McGinnis.
Friday, July 29 2016
Suffolf, VA -- Panattoni Development Company, one of the largest privately held full-service real estate development companies in the world, announced plans to develop its first industrial project in Virginia, at Virginia Regional Commerce Park in Suffolk. The 300,000 SF Class A industrial building will begin construction later this summer and is anticipated to be ready for tenant occupancy in spring 2017.
The new project will be the first speculative industrial development in Hampton Roads since 2007, and the second building at Virginia Regional Commerce Park. Virginia Regional Commerce Park is strategically located at the major cross roads of Route 460 and Route 58, approximately 20 miles from Port of Virginia facilities and 45 miles from Interstate 95. The new building will be divisible for industrial tenants and will feature 32’ ceiling heights, 50’ X 50’ column spacing and an ESFR sprinkler system with ample trailer storage.
Tuesday, July 26 2016
“Being number one in new commercial investment is always an achievement. But being number one in back-to-back years is proof that Loudoun County has become a premier business location in the Commonwealth of Virginia,” says Buddy Rizer, Loudoun Economic Development’s executive director. SmartAsset, a New York-based financial technology company, has ranked Loudoun County #1 in investment in Virginia for the second year in a row.
The annual study ranked counties in four areas: (1) the growth in the number of businesses established in the county over a three-year time frame; (2) GDP growth in the local economy; (3) the number of new building permits per 1,000 homes, and (4) the total municipal bond debt raised by the county over the past five years, divided by the number of residents.
Tuesday, July 19 2016
Port Everglades, St. John’s Port Authority and Port of Grays Harbor each to receive Overall Excellence trophy for submitting top-scoring entry
Alexandria, VA -- The American Association of Port Authorities (AAPA)… the unified and recognized voice of seaports in the Americas…will recognize 25 seaports for exemplary communications projects and programs at its annual convention and awards luncheon this fall. Winning entrants in AAPA’s 50th annual Communications Awards Program will be recognized at an Oct. 26 awards luncheon in conjunction with AAPA’s 105th Annual Convention and Expo in New Orleans, which runs Oct. 23-26.
The recipients of the 2016 Overall Award of Communications Excellence trophies - the top awards in AAPA's Communications Awards Program - are Port Everglades in Florida (Category 3); St. John's Port Authority in Newfoundland and Labrador (Category 2); and the Port of Grays Harbor in Washington (Category 3). Each of the three categories of ports is based on the size of the port's public relations/advertising/marketing budget.
Friday, May 13 2016
Alexandria, VA -- The American Association of Port Authorities (AAPA), the unified and recognized voice of seaports in the Americas—is praising Senate passage today of the fiscal 2017 Energy and Water Development Appropriations Bill (S. 2804) by a vote of 90-8. The bill, which is the first fiscal 2017 appropriations legislation to pass the Senate, funds the U.S. Army Corps of Engineers navigation program, which is crucial for the maintenance and improvement of America’s coastal and inland navigation waterways.
S.2804 includes $1.3 billion for Harbor Maintenance Tax (HMT)-funded work, $37 million above the fiscal 2016 funding level and $160 million above the HMT funding target for the year that was established in the Water Resources Reform and Development Act (WRRDA) of 2014. The bill also includes new navigation study and construction starts, as well as funding Donor and Energy Transfer Ports at $50 million, which is double last year’s funding level and the full amount authorized in WRRDA 2014.
Tuesday, April 19 2016
Woodgrain Millwork to Expand Manufacturing Facility, Purchase $4.6 Million in Virginia Forest Products
Richmond, VA -- Governor Terry McAuliffe announced today that Woodgrain Millwork, a family-owned and operated company headquartered in Idaho, will expand its door and window component manufacturing facility in Smyth County. The company will create seventeen new jobs in the county and source 78 percent of its timber needs from Virginia land owners. Virginia successfully competed against North Carolina for the project.
Speaking at the announcement, Governor McAuliffe said, “Virginia’s forestry industry supports thousands of good jobs in our rural communities and provides important market opportunities for the Commonwealth’s private forestland owners. Partnering with a company like Woodgrain Millwork is a great way my administration can support Virginia’s forest products sector, one of Virginia’s top private industries. Woodgrain Millwork’s new expansion will bring welcomed employment opportunities and economic vitality to the region, further helping with my administration’s efforts to build a new Virginia economy. I applaud the company’s commitment to Marion and continued investment in Smyth County and Virginia.”
Tuesday, March 29 2016
Merck to expand Elkton manufacturing operation
Richmond, VA -- Governor Terry McAuliffe announced that Merck, known as MSD outside of the United States and Canada, a global health care leader, will invest $168 million to expand its manufacturing operation near the Town of Elkton in Rockingham County. Over a period of time, Merck will upgrade plant infrastructure, add manufacturing-related facilities and equipment, and undertake a personnel training initiative to support the bioprocessing environment.
“Virginia is proud to be a partner to this extraordinary leader in the biopharmaceutical industry,” Governor McAuliffe said. “We welcome this important project, which will enhance Merck’s position on our corporate roster and expand the contributions they make to the economy of this important region and our entire state. Our existing businesses are key to building a new Virginia economy, and we remain committed to these corporate citizens as they make the investments necessary to succeed in the 21st century economy.”
Thursday, February 11 2016
Emser Tile to invest $16.25 million to establish East Coast distribution center
Thursday, February 04 2016
EURO-COMPOSITES® Group to invest $10.5 million to expand its U.S. operation
Richmond, VA -- Virginia Governor Terry McAuliffe announced that EURO-COMPOSITES® Group will invest $10.5 million to expand its U.S. operation in Culpeper County. The company manufactures advanced honeycomb composite materials used in aviation, space, industrial, and defense technology applications, and will expand the facility by 51,000 square feet and add new equipment to increase production of composite-based parts associated with the aerospace industry. Virginia successfully competed against Echternach, Luxembourg for the project, which will create 58 new jobs.
Speaking about today’s announcement, Governor McAuliffe said, “This significant project represents EURO-COMPOSITES® Group’s second major investment in its only U.S. operation. An expanded facility and new equipment for increased production secures its viability as a major employer in Culpeper County for years to come. We appreciate the company’s commitment to the Commonwealth, and celebrate 58 new, good-paying manufacturing jobs that provide workers with skills of the 21st century that are essential in our efforts to build a new Virginia economy.”
Thursday, January 21 2016
Prince William County, VA -- Prince William County’s Innovation Park is set to welcome its newest tenant – BerkleyNet, a member company of W. R. Berkley Corporation, one of the nation’s premier insurance providers. BerkleyNet has outgrown its current headquarters location in Woodbridge, Prince William County, and chose Innovation Park after an extensive search throughout Northern Virginia. Its new facility to be located at 9301 Innovation Drive, Manassas, will accommodate all 125 current employees as well as provide ample opportunity for future growth.
Due to be completed in 2017, its new 70,000 square foot facility, which will be known as BerkleyNet Center @ Innovation Park, promises to be a state-of-the-art showpiece that will be a benchmark for future development in the Corporate Park according to developers, Buchanan Partners.
Wednesday, January 13 2016
Impacts during Media Briefing in Tampa, Jan. 21
To address these issues, executives representing Port Tampa Bay and the American Association of Port Authorities (AAPA) – the unified and recognized voice of America's seaports – will hold a media briefing on Thursday, Jan. 21 at 10:30 a.m. The briefing is part of the ninth annual Shifting International Trade Routes conference at Le Méridien Tampa Hotel, in Tampa, Fla., Jan. 21-22. Hosted by Port Tampa Bay, the program is sponsored by AAPA, in cooperation with the U.S. Maritime Administration (MARAD) and the Transportation Research Board (TRB).
Monday, January 11 2016
Shawnee Canning Company to Double Capacity of Processing Operation; Commits to Purchase Majority of Fruit Needs from Virginia
Richmond, VA -- Governor Terry McAuliffe announced that Shawnee Canning Company, a family-owned fruit processor, will invest nearly $500,000 to expand its operation in Frederick County. The company will rehabilitate its cannery, built in 1947, and double production capacity on-site by adding a new filling line for its fruit products. With this expansion, Shawnee Canning Company will create five new jobs and commit to purchase 80 percent – or over 300,000 pounds – of its fruit from Virginia over the next three years.
Speaking about today’s announcement, Governor McAuliffe said, “Shawnee Canning Company is a legend in the Virginia fruit processing industry with decades of rich history. Shawnee has thrived over the years due to its strategic location to key markets, a strong and dedicated workforce, and Virginia’s abundant natural resources, including our world-class apples and peaches. Today, Shawnee is poised to write the next chapter of its story in Frederick County and I’m pleased that my administration could partner with the company as it grows. The investments being made by Shawnee will increase production, create jobs, but further highlight the role that agriculture can and will play in building the new Virginia economy.”
Wednesday, December 02 2015
Fairfax County, VA -- Vehicle history report provider Carfax announced Tuesday a $15.8 million expansion in Northern Virginia that’s expected to create 120 jobs.
The company says it is investing $5 million to expand its headquarters in Fairfax County. It also is investing $10.8 million to upgrade its data center operation in Loudoun County.
“We are proud to call Virginia home and are grateful to the Commonwealth for the support they’ve provided to help us thrive,” Carfax president, Dick Raines, said in a statement. “We’ve found here a winning combination of world-class talent, 21st century infrastructure, global access, and amenities that make this one of the best places to live…”
Monday, October 26 2015
Company to create up to 89 new jobs
Friday, October 16 2015
Ashburn, VA -- Equinix founders choosing in 1998 to build the company’s first data center in Ashburn, Virginia, may have been the best site-selection decision a data center company has ever made. Today, 17 years and half a million square feet of colocation space in the region later, Equinix is breaking ground on a brand new Ashburn campus that has the potential to grow to 1 million square feet of gross building space – a data center build-out that would cost $1 billion by the company’s estimate.
To say that Equinix founders chose Ashburn as the place to build their first data center is not entirely accurate. Rather, circumstances dictated that they build it there. Northern Virginia, the patch of American suburbia stretching west and south of Washington, DC, was home to some of the earliest facilities where carriers interconnected networks and provided access to the internet. The distributed internet exchange, MAE-East, was what brought Equinix to the region, kicking off the development of one of the world’s biggest data center markets.
Wednesday, October 14 2015
BrightFarms, Recently Cited as One of World’s 50 Most Innovative Companies, to Invest $7.35 Million, Create 24 Jobs
Richmond, VA -- Governor Terry McAuliffe announced today that WDC Greenhouse, LLC (dba BrightFarms) will locate its newest greenhouse production facility in Culpeper County. The company will invest $7.35 million to construct and operate two new greenhouses and create 24 new jobs. In addition, BrightFarms will produce 750,000 cases of Virginia-grown green leaf produce and 30,000 cases of Virginia-grown tomatoes over the next three years.
Speaking about the announcement, Governor McAuliffe stated, “The attraction of BrightFarms to Culpeper County represents another step in strengthening Virginia’s agricultural economy. This project, with its investment in innovative technology, new jobs being created, and commitment to the environment, represents another economic win for this region. My administration is committed to utilizing fully our diverse agriculture industry, one of the Commonwealth’s greatest assets, to help build the new Virginia economy.”
Thursday, October 08 2015
Project is part of Frederick County's Business Friendly Initiative
Winchester, VA -- New welcome signs will greet motorists as they enter Frederick County, Virginia, on U.S. Routes 11, 50, and 522, as well as Virginia State Route 7 East. The project was managed and paid for by the Frederick County Economic Development Authority (FCEDA) as part of Frederick County's Business Friendly Initiative. The signs seek to showcase Frederick County as a positive business partner and provide the community with a marketing advantage.
“A lot of thought and debate went into the welcome sign project,” commented Stan Crockett, chair of the Frederick County EDA Board of Directors. “I believe the fruit of those efforts has produced a quality product that identifies Frederick County, VA; is consistent with our branding and economic development efforts; and is visually welcoming to visitors and businesses alike.”