RICHMOND - Governor Bob McDonnell today announced that ITT Defense and Information Solutions, an operating segment of ITT Corporation, will invest up to $5 million to establish its new corporate headquarters in Fairfax County following completion of its previously announced spin-off from ITT later this year.

ITT’s Defense and Information Solutions segment already has a strong presence in Virginia with its headquarters in McLean, its Information Systems division based in Herndon and its Geospatial Systems division based in Roanoke.

RICHMOND - Governor Bob McDonnell today announced that Networking Technologies and Support Inc. (NTS) will invest $1.5 million to expand its headquarters operation in Chesterfield County. The project will create 140 new jobs over the next three years.

RICHMOND - Governor Bob McDonnell today announced that HADPRO, Hood and Duct Professionals offering the industry’s most thorough kitchen exhaust cleaning and maintenance service, will relocate its headquarters from Maryland to the City of Alexandria. The company will invest $375,000 and create 53 new jobs.

RICHMOND - Governor Bob McDonnell today announced that ABB Inc., a provider of power and automation products, systems, solutions and services, will expand its operation in Halifax County. The facility manufactures liquid-cooled transformers for large utility, industrial and government users. The company plans to invest $4.6 million in two phases over the next three years for the expansion and retooling of a new and more efficient process for manufacturing its Distribution Transformers (DTR).

RICHMOND - Governor Bob McDonnell today announced that MeadWestvaco Corporation (NYSE: MWV), a global leader in the packaging industry headquartered in Richmond, will invest $285 million to construct a new, state-of-the-art biomass boiler and upgrade associated power infrastructure at its facility in the City of Covington. The project allows the plant to become self-sufficient in energy production and significantly reduces ongoing operating and maintenance costs.

RICHMOND - Governor Bob McDonnell today announced that Presto Products Company, a manufacturer of plastic film and bags will invest $6 million to expand its operation in Halifax County. The company will add five new manufacturing lines, creating 22 new jobs.

RICHMOND - Governor Bob McDonnell today announced that Noblis, a nonprofit science, technology and strategy organization that helps clients solve complex scientific, systems, process, and infrastructure problems in ways that benefit the public, and Cray Inc., a global leader in supercomputing, will invest $2.5 million to establish the Center for Applied High Performance Computing (CAHPC) in the City of Danville.

RICHMOND - Governor Bob McDonnell today announced that CFA Institute, the global association of investment professionals with operations in the Charlottesville area, New York, London, Hong Kong, and Brussels, will invest $24.5 million to establish its operations center in the City of Charlottesville, creating 45 new jobs. The organization plans to redevelop the former Martha Jefferson Hospital facility.

RICHMOND - Governor Bob McDonnell today announced that Emerson Ecologics, LLC, the leading provider of professional-grade nutritional supplements to the healthcare practitioner market, will invest up to $1 million to open a distribution facility in Chesterfield County. The project will immediately create 35 new jobs, growing to a total of 60 jobs over the next three years.

RICHMOND - Governor Bob McDonnell today announced that Arkay Packaging Corporation, one of the world’s premiere folding carton manufacturing companies, will invest $7.5 million to expand its operation in Botetourt County. The project will create 25 new jobs in press operations, quality control, finishing, and gluing. The investment includes a state-of-the-art Heidelberg XL105 printing press, as well as a new Bobst die-cutting press.