Chemres to expand resin production operation, create 16 new jobs
RICHMOND - Governor Terry McAuliffe today announced that Chemres, a global supplier of commodity and engineering resins, will invest $3 million to expand its resin production operation in the City of Chesapeake. The company will purchase additional machinery and equipment. Virginia successfully competed against Florida for the project, which will create 16 new jobs.
American Electric Power Co. to invest $12.7 million to establish AEP Transmission operation in downtown Roanoke
Seven Virginia communities to receive site remediation funding from Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund
TruckVault to invest $1.5 million to establish manufacturing operation
RICHMOND - Governor Terry McAuliffe today announced that TruckVault, Inc., the leading manufacturer of secure in-vehicle equipment storage solutions in the sport, public safety, and commercial fleet markets, will invest $1.5 million to establish a manufacturing operation in Shenandoah County. Virginia successfully competed against Kentucky for the project, which will create 60 new jobs when at full capacity.
SAP National Security Services to invest $6 million to expand IT and cybersecurity operation
RICHMOND - Governor Terry McAuliffe today announced that SAP National Security Services, Inc. (SAP NS2®), a provider of national security and critical infrastructure solutions, will invest $6 million to expand its operation in Fairfax County. Virginia successfully competed against Maryland and Pennsylvania for the project, which will create 95 new jobs.
Hampton Dowling elected Chairman of committee established to advise VEDP Board of Directors on international trade and trade promotion
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the appointment of its new Committee on International Trade.
American Institutes for Research to invest $12.5 million to relocate major operations to Virginia
RICHMOND - Governor Terry McAuliffe today announced that the American Institutes for Research (AIR), one of the world’s largest behavioral and social science research and evaluation organizations, will invest $12.5 million to relocate its major operations from Washington, D.C. to Arlington County. The project will create 320 new jobs.