State and Business Representatives Aim to Build on 1996 Success

Chubb Group Insurance Firm to Hire 250 for First Rapid Response Unit

Richmond - Governor George Allen today announced that New Jersey-based Chubb Group of Insurance Companies will locate its first Rapid Response Unit centralized claim service center in Chesapeake. The $10 million facility expects to employ more than 250 people when it opens in 1998 and may expand in future years.

Governor Welcomes Three New Companies to the Commonwealth

Richmond - Governor George Allen today announced that three European companies have decided to locate operations in Virginia, creating approximately 45 new jobs for Virginians. These companies represent three different countries and will provide a variety of products. Harkness Screens will locate a manufacturing facility in Fredericksburg; Trados Corporation will locate a new office in Alexandria; and Digigram SA, will locate its North American headquarters in Arlington.

Governor Allen Congratulates Petersburg Bearing Manufacturer

Petersburg - Governor George Allen today announced that Brenco, Incorporated, a manufacturer of railcar tapered roller bearings, has signed a long term, 10-year sales contract with Compania Industrial AZO of Mexico worth an estimated one million dollars during the first year. Additionally, Brenco will remain the exclusive distributor of roller bearings for the next nine years, leading to a total estimated value of $10 million.

Governor Allen Welcomes $10 Million Investment and 300 Jobs

Market Connections Company to Open $3.5 Million Facility

Richmond - Governor George Allen today announced that Market Connections Company, a new global communications firm specializing in health care, will locate its worldwide headquarters in the City of Norfolk. Market Connections will lease a 30,000 square-foot building and invest $3.5 million. The company will initially hire 125 employees, followed by an additional 175 by January 1998.

Governor Allen Announces 96 New Jobs, $10 Million Investment

Governor Allen Hails $22 Million Canadian Investment

Roanoke - Governor George Allen today announced that Maple Leaf Bakery, Inc., a subsidiary of Maple Leaf Foods, will locate a new food processing facility in Roanoke. The company will locate a 100,000 square foot plant in the city's Enterprise Zone with an initial investment of $22 million and creating approximately 150-180 new jobs. Virginia successfully competed with Pennsylvania, Maryland and North Carolina for the investment.

Statewide Sponsors Help Six Students Learn International Marketing

Richmond - The Virginia Economic Development Partnership (VEDP) has selected six graduate business students to participate in the 1997 Hannover Industrial Trade Fair to be held April 14-19 in Hannover, Germany. Internationally respected as the world's largest industrial trade show, the Hannover Fair attracts more than 350,000 visitors from over 100 countries each year. This year marks the fair's 50th anniversary as a forum for the international business community.

State and Local Economic Development Professionals Build on 1996 Success