Wetzler, Germany - During his European mission, Governor Jim Gilmore today announced that Site Selection, a widely-read economic development trade magazine, ranked one of Virginia's economic development projects among the publication's highly acclaimed "Top 10 Deals of 2000." Capital One's $700 million expansion and creation of 8,000 new jobs made the top 10 list.
Richmond - Governor Jim Gilmore today announced that DuPont will consolidate its area warehouse operations in Chesterfield County. DuPont has contracted with Devon USA, through C.B. Richard Ellis, to invest $30 million to build a new warehousing and logistics center. The new complex will be located on Bellwood Road adjacent to DuPont's James River plant site. Virginia successfully competed with several mid Atlantic States for this investment.
Richmond - Governor Jim Gilmore and First Lady Roxane Gilmore, accompanied by key state economic development and tourism professionals, will lead a trade, tourism and investment mission to Europe from April 21 to May 4, 2001. The mission will promote Virginia as a thriving business center and exciting tourist destination. High-level meetings with key business executives in Germany and the United Kingdom will help facilitate positive decisions for Virginia with active business recruitment projects.
Richmond - Governor Jim Gilmore today announced that Universal Companies, Inc. will expand and combine its corporate office and distribution facility in the Westinghouse Industrial Park in Washington County. Universal Companies, the leading single source provider of products to the Day Spa industry, will invest $3 million in this expansion. The company will also hire 74 new employees while retaining the 30 existing employees. Virginia successfully competed with Tennessee for this investment.
Richmond - Governor Jim Gilmore today announced that Creative Technology Incorporated will expand in Fairfax County. The company provides business solutions to clients in the areas of e-business, information management and information security. Creative Technology will hire 108 new employees with experience in information technology, web design, and application and systems engineering. The company will invest $1 million in this expansion.
Richmond - Governor Jim Gilmore today announced that ERNI Components, Inc. will expand its operation in the Rivers Bend Center in Chesterfield County. The expansion will create 550 new jobs and the company will invest $98.4 million to complete this project. Virginia successfully competed with Nevada for the investment.
"The Commonwealth's pro-business environment is vital to the satisfaction of our existing companies," said Governor Gilmore. "ERNI's decision to embark on such a major expansion is a testament to Virginia's success in this area."
Norfolk - Governor Jim Gilmore today announced that Zim-American Israeli Shipping Co., Inc. will relocate its United States headquarters from New York City to Norfolk. Zim-American Israeli Shipping Co. will invest $6.2 million to locate in a new building in the Lake Wright Executive Center. The company will also hire 235 people to work in this facility. Virginia successfully competed with Texas for this investment.
Richmond - Governor Jim Gilmore today announced that Petals, Inc. will locate in Commonwealth Storage in Suffolk. Petals, a major manufacturer of artificial flowers, will hire 250 new employees. The company will also invest $2.1 million in this project.
"I am pleased that Petals has found a home in the City of Suffolk," said Governor Gilmore. "The addition of this company will further diversify the manufacturing base in Hampton Roads."
Richmond - Governor Jim Gilmore today announced that Harris-Tarkett, Inc. will purchase and operate the former Burruss facility in Brookneal, Va. Harris-Tarkett will invest $3.5 million in the Campbell County facility to manufacture unfinished hardwood flooring at this location. The company will also hire 100 new employees over the next 18 months. Virginia successfully competed with West Virginia for this investment.
RICHMOND - Governor Jim Gilmore today announced that Carlisle Motion Control intends to open a new friction material manufacturing facility in the Town of South Hill. This new facility will work closely with Carlisle’s high-volume friction plant in Fredericksburg and its research and development complex in Charlottesville. The new facility, scheduled to open in late 2001, will employ 110 people. Carlisle will invest $15 million in this project.