RICHMOND - Governor Terry McAuliffe today announced that CoStar Group, the leading provider of commercial real estate information, analytics and online marketplaces, will invest $8.17 million in a new research and software development center in Richmond. Virginia successfully competed against states in the Southeast and Midwest for this project, which will create 732 new jobs and have a total economic impact of $250 million via direct local salaries, lease on the property, and capital improvements at the facility, among other factors.
RICHMOND - Governor Terry McAuliffe today announced the first round of Virginia Business Ready Sites Program (VBRSP) grants to 28 projects across the Commonwealth. The VBRSP, administered by the Virginia Economic Development Partnership (VEDP), is a discretionary program established to help Virginia localities develop and market their existing industrial or commercial sites to prospective businesses, thus enhancing the Commonwealth’s infrastructure and promoting its competitive business environment.
RICHMOND - Governor Terry McAuliffe today announced that Dominion Packaging, a provider of packaging solutions for the tobacco and quick service restaurant industry, will invest $25.1 million to expand its operation in Henrico County to support a new contract with Anheuser-Busch. Virginia successfully competed against Pennsylvania for the project, which will create 60 new jobs.
RICHMOND - Governor Terry McAuliffe today announced that Microsoft Corporation will invest $251.6 million to expand its data center site in Mecklenburg County and increase capacity to serve its growing customer base. Virginia successfully competed against other sites in the U.S. for the project, which will create 44 new jobs.
RICHMOND - Governor Terry McAuliffe today announced that MAXIMUS, a government contractor that provides program management and administrative services, will invest $1.87 million to establish a customer support center in the City of Hampton. The new operation will support government contracts across the country. Virginia successfully competed against Pennsylvania and Texas for the project, which will create 189 new jobs.
MELBOURNE, AUSTRALIA - Governor Terry McAuliffe today announced the signing of a Memorandum of Understanding (MOU) between the Government of Victoria, Australia and the Virginia Economic Development Partnership (VEDP) for comprehensive collaboration on cybersecurity-oriented opportunities.
RICHMOND - Governor Terry McAuliffe today announced that Grandwatt Electric Corporation, a Suffolk-based manufacturer, has made sales to distributors in Chile and Costa Rica as a result of its participation in the Virginia Economic Development Partnership’s (VEDP) international trade programs. After attending the VEDP-led ExpoMin Chile trade show in April of 2016, Grandwatt signed an agreement with DiPERK Power Solutions to distribute its generators in Chile.
RICHMOND - Governor Terry McAuliffe today announced that American Woodmark Corporation, a major manufacturer of quality kitchen and bath cabinets for the home, will invest $30 million to consolidate headquarters operations in Frederick County. Virginia successfully competed for this project, which will retain 377 jobs, in addition to creating 55 new jobs.
RICHMOND - Governor Terry McAuliffe today announced that Peet’s Coffee®, the original craft coffee brand celebrating its 50th anniversary, will invest $58 million to establish an East Coast manufacturing operation in the City of Suffolk. The company will build a 175,000-square-foot Roastery to produce a variety of coffee. Virginia successfully competed against five other Mid-Atlantic states for the project, which will create 135 new jobs.
RICHMOND - Governor Terry McAuliffe today announced that Novatech Group, a leading Quebec manufacturer of doorglass, steel doors, patio doors, retractable screens, and insulated glass with or without blinds, will invest $3 million to establish its first U.S. manufacturing operation in Henry County. The company will lease a 100,000-square-foot facility to produce and distribute a variety of patio doors. Virginia successfully competed against six other states for this project, which will create 50 new jobs.