RICHMOND - Governor Timothy M. Kaine today announced that ABB, a leading provider of power and automation products, systems, solutions and services, will invest $3 million to expand its plant in Bland County. The facility, which produces dry and vacuum cast transformers used by industrial manufacturing plants, hospitals, universities, the military, and utilities, will create 30 new jobs. Virginia successfully competed internationally with China, South Korea, and Spain for the project.
ROCKY MOUNT - Governor Timothy M. Kaine today announced that MW Manufacturers Inc. will invest $23 million to expand its Rocky Mount headquarters and production facility in Franklin County. The company, which produces and distributes window and door products for the residential construction industry, will create 175 new jobs. Virginia successfully competed against North Carolina and New Jersey for the project.
RICHMOND - The Board of Directors of the Virginia Economic Development Partnership (VEDP) today announced that it has selected Charles H. Majors to serve as the board’s chairman. Majors, President and CEO of American National Bank & Trust Company in Danville, succeeds J. Thomas Fowlkes who served as board chairman for two two-year terms. Majors was appointed to the board in January 2004 by former Governor Mark R. Warner.
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of five new companies into the Accessing International Markets (AIM) export development program. The program, launched by VEDP in December 2005, helps Virginia companies pursue international leads in a new market overseas and realize the benefits of exporting.
RICHMOND - Is your company relatively new to exporting? Have you received requests from interested prospects abroad? If you answered yes to either question, Exporting 101: An Introduction to Export Readiness, is the course for you.
RICHMOND - Governor Timothy M. Kaine today announced that he will lead a three-day trade mission next week, May 30th - June 1st, to Canada. Virginia Secretary of Commerce and Trade Patrick O. Gottschalk and Secretary of Agriculture and Forestry Robert S. Bloxom will accompany the Governor to Toronto and Montreal.
DANVILLE - Governor Timothy M. Kaine today announced that Arista Tubes, UK, a manufacturer of plastic tubes used in the consumer and personal care products industry and an integral part of Essel Propack, will invest $24 million to open a manufacturing facility in Danville. The project will create 145 new jobs. The company plans to move into a former Dan River facility at River Pointe, and is scheduled to begin operations by summer. Virginia successfully competed with New Jersey and Pennsylvania for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Banker Steel Company, LLC will invest $1 million to open a new steel fabricating facility in Campbell County, creating 110 new jobs. Banker Steel currently employs 105 at its Lynchburg headquarters, and will maintain its Lynchburg operations in addition to opening this second facility in Campbell County.
Virginia successfully competed with South Carolina for the project.
RICHMOND - Governor Timothy M. Kaine today announced that Visador Holding Corporation will invest $1.1 million to expand its operations to a location in the Town of St. Paul, on the border of Wise and Russell counties. The project will result in 100 new jobs. The St. Paul facility will fabricate the company’s new construction vinyl window product line, and serve as a warehouse and distribution center. Virginia successfully competed with South Carolina for the project.
RICHMOND - Governor Timothy M. Kaine today announced that McAirlaid’s Vliesstoffe GmbH & Co. KG, a German manufacturer of non-woven composite materials for absorbency end uses, will invest $85 million to open its first United States manufacturing facility and headquarters in Franklin County’s Commerce Center. The new facility, which will use the company’s patented method to produce non-woven material without chemicals or glues, will employ 160 people. Virginia successfully competed with Kentucky for the project.