RICHMOND— Governor Ralph Northam today announced that Microsoft Corp. will invest $64 million to establish a new software development and R&D regional hub, which will create 1,500 new jobs. The company will occupy 400,000 square feet in the Reston Town Center in Fairfax County for its new location, anticipated to be ready for employees in summer 2021. The plans include a new retail space for engaging directly with customers. Governor Northam met with Microsoft on an economic development mission at its headquarters in Washington in 2019.
RICHMOND - Governor Timothy M. Kaine today announced that Holston Medical Group (HMG), a multi-specialty physician practice, will invest $3 million to open its first medical records data center in Scott County. The company, which will create 40 new jobs, will access and store the digital medical records of patients for multiple practices and hospitals in Northeast Tennessee and Southwest Virginia. HMG also intends to augment the medical records facility with a multi-physician facility offering a full range of diagnostic services for Southwest Virginia.
State and Business Representatives Aim to Build on 1996 Success
Company to invest $350,000 to establish new Fleet Operating Center
RICHMOND—Governor Ralph Northam today announced that Aeronyde Corporation, an industry leader in integrating artificial intelligence (AI) and augmented reality (AR) into a safe and secure full-service commercial drone system, will invest $350,000 to establish a new drone operations command and control center in the City of Covington. Virginia successfully competed with California and Florida for the project, which will create 25 new jobs.
RICHMOND - Governor Terry McAuliffe today announced that Windward Consulting, an information technology consultancy helping large organizations manage their data centers and networks, will invest $825,000 to expand its headquarters in Fairfax County. The project will also create 97 new jobs.
Hitachi Energy, a global technology leader, is investing $22.5 million to expand its current facility in Bland, Virginia and add a warehouse facility in Atkins, Virginia to meet increased demand, creating 120 new jobs.
Global technology leader in electrification and automation will invest $28.5 million, creating 100+ jobs
Richmond - Governor Jim Gilmore Wednesday night announced in his State of the Commonwealth Address that annual capital investment by new and existing Virginia companies exceeded $6 billion for the first time in 2000. According to the Virginia Economic Development Partnership, the previous record of $5.8 billion, set in 1995, was surpassed with last month's expansion announcement by Infineon Technologies Richmond. The final annual total will be released in early 2001 after Virginia's localities submit their economic development data to the Partnership.
RICHMOND - Governor Jim Gilmore today announced the award of a $3.2 million research grant that will allow the Institute for Computational Genomics, Inc. (INCOGEN), the College of William and Mary and the Virginia Bioinformatics Institute at Virginia Tech (VBI) to create a cooperative bioinformatics program. INCOGEN will invest $2.4 million to relocate from South Carolina to the Busch Corporate Center in James City County.
RICHMOND - In just two years, eight companies that participated in the Virginia Economic Development Partnership’s (VEDP) two-year Virginia Leaders in Export Trade (VALET) program increased annual international sales by 30 percent. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy. The graduating class began the program with a combined $22,450,921 in annual international sales.