RICHMOND—Governor Ralph Northam today announced that Moog Inc. (NYSE: MOG.A and MOG.B), a designer and manufacturer of high-performance motion control products and solutions, will invest $10.7 million to transfer existing jobs and equipment from one of its Blacksburg facilities to a larger building in the Falling Branch Corporate Park in Montgomery County. The company will have an additional 80,000 square feet at its new operation in Christiansburg to accommodate increased customers and demand and focus on production of its slip ring products for the industrial marketplace.

MARTINSVILLE - Governor Mark R. Warner today announced the launch of the Virginia Motorsports Initiative. The statewide initiative, comprised of public and private sector partners, will promote and support motorsports activities in Virginia as a means for economic development. Governor Warner announced the initiative this morning at Martinsville Speedway. 

Super Radiator Coils, a family-owned engineering and manufacturing company, will invest $22 million to expand its operations in Chesterfield County, creating 160 new jobs.

MicroStrategy Incorporated plans to add jobs and invest $6 million in capital improvements following headquarters lease renewal 

New program addresses strategic growth challenges for high-potential companies across the Commonwealth 

RICHMOND - Governor Terry McAuliffe announced today that Polykon Manufacturing LLC, a joint venture between Seppic, Inc. and Schülke Inc., will invest more than $60 million to establish a manufacturing operation in Virginia in Henrico County. Seppic and schülke are entities of Air Liquide Healthcare. Virginia successfully competed against Ohio for the project, which will create approximately 50 new jobs. The Governor met with senior company officials at the Seppic headquarters in Paris during his European Marketing Mission in June 2015.

Intact Technology, a software consulting and managed services firm, will invest $1.5 million to establish a second Virginia location in the City of Richmond.

Unprecedented state, local, and regional partnership lands project to result in at least 25,000 high-paying jobs