Phase One Commitment Doubles to $3 Billion & 2,500 Jobs - - Virginia Becomes Company's Growth Cent

AVID Medical to Build Plant, Create 100 New Jobs

Richmond - Governor George Allen today announced that AVID Medical, Inc., a newly-formed medical products company, will locate a $2.25 million plant in James City County, creating 100 new jobs over the next three years. AVID Medical's decision is the second major economic development announcement made in the past two months for James City County's Stonehouse Commerce Park.

Advanced Communications Consortium Locates Center in Fairfax County

Governor Praises Investments by Steag MicroTech and MicroHandling

Richmond - Governor George Allen today announced that Steag MicroTech Inc., and MicroHandling GmbH will locate facilities in Henrico County to service Virginia's semiconductor manufacturing facilities. Steag MicroTech Inc., will create 30 new jobs and invest $.5 million in Henrico's Byrd Center. MicroHandling GmbH will employ 30 people and invest $.5 million in the county's Villa Park III. Both companies are headquartered in Germany.

Amoco Corporation to Expand Yorktown Facility

$17 Million Investment Will Create 40 Jobs for Southwest Virginia

Richmond - Governor George Allen today announced that Magnolia Manufacturing Company Inc., will locate a new air-jet spinning facility in the Carroll County Industrial Park. The $17 million investment by Magnolia's sister company, Parkdale Mills, will create 40 new jobs in Southwest Virginia, and will be Magnolia's second manufacturing operation in Carroll County.

$7 Million Australian Investment, 60 Jobs Created by Industrial Galvanizers

State and Business Representatives Aim to Build on 1996 Success

Governor Allen Praises First Significant Private Sector Funding

Department Store Chain to Create 600 Jobs in the Shenandoah Valley