RICHMOND - Governor Mark R. Warner today announced that Wytheville Technologies, Inc., a manufacturer of automotive steering components, will create 102 new jobs in Wythe County. Through a $31-million investment, the company plans to expand its existing manufacturing operations with a new 150,000-square-foot facility in the Wythe County Progress Park. Wytheville Technologies, a U.S. joint venture of four Japanese companies, led by Somic Ishikawa, currently employs 62 people in Wythe County.
RICHMOND - Governor Mark R. Warner today announced that APT, INC (Advanced Polyurethane Technologies) has chosen to locate in Mecklenburg County’s Boyd Warehouse, where it will manufacture and distribute its patented, low-cost polyurethane rubber boots. Through a $1.26 million investment, the project will create 50 new jobs during the company’s first year of operation, growing to 145 within 30 months and 180 employees within five years. Virginia successfully competed with North Carolina, New Hampshire, Ohio, Texas, and the United Kingdom for the project.
RICHMOND - Governor Mark R. Warner today announced that RR Donnelley will expand its Lynchburg manufacturing facility. As part of the company’s strategy to create the most effective, integrated and flexible printing platform for its customers, RR Donnelley plans to invest $5 million in binding equipment and machinery. The investment is part of the company’s 2003 capital spending plan of approximately $250 million, aimed at strengthening the company’s print capabilities.
RICHMOND - Governor Mark R. Warner today announced that Lockheed Martin will build and operate a computer-based modeling, simulation, and integration center in the City of Suffolk’s Bridgeway Commerce Park. Through a $30 million investment, Lockheed Martin will create 50 jobs with above-average salaries for the city and the region over a three-year period. Virginia successfully competed with other states for the project.
RICHMOND - Governor Mark R. Warner today announced that DuPont Engineering Polymers will create 20 new jobs with a major new polymer plant in Chesterfield County. The plant will meet increasing demand for DuPont™ Zytel® HTN high-performance polyamide resins with 30-million pounds per year of capacity. Located adjacent to DuPont’s existing Richmond site in Chesterfield County, the new facility is scheduled for startup by the end of 2004. Virginia successfully competed with other states for the project.
BLAND COUNTY - Governor Mark R. Warner today announced that ABB Inc. will expand its Small Power Transformer manufacturing operations in Bland County. The project will create 75 new jobs through a $3 million investment. Virginia successfully competed with other locations, both international and domestic, for the project – which is one of the largest economic development announcements ever made in Bland County. Governor Warner discussed the expansion with senior ABB officials in Zurich, Switzerland during his trade mission to Europe in May 2003.
RICHMOND - Governor Mark R. Warner today announced that HCA will expand operations at its Patient Account Services Center in the Boulders office complex in Chesterfield County. The expansion will bring 160 new jobs with an annual payroll of $4.8 million. Virginia successfully competed with Georgia and Tennessee for the project.
RICHMOND - Governor Mark R. Warner today announced that Cardinal Glass Industries has selected Roanoke County for its first Virginia facility. The 220,000-square-foot plant will manufacture insulating glass. Through a $23.9 million investment, the project will create 200 new jobs during the first 30 months of operation. The building has been designed to accommodate a 102,000-square-foot expansion – and 100 additional employees – within five years. Cardinal Glass plans to locate the new facility in the Town of Vinton’s Vinton Business Center.
RICHMOND - Governor Mark R. Warner today announced that CarMax, Inc. (NYSE: KMX), the nation's leading specialty retailer of used cars, will relocate its corporate headquarters, with almost 600 employees, to Goochland County's West Creek Business Park within the next two to three years. CarMax will construct a new headquarters in West Creek.
NEW YORK, NY - October 1-3, Forbes will host its ninth annual Forbes CEO Forum at The Jefferson Hotel in Richmond, Virginia, a AAA Five Diamond and Mobil Five-Star hotel. "This is an impressive conference of business leaders and first-rate speakers, that will help us spotlight Virginia's pro-business climate," said Virginia Governor Mark R. Warner, who will open the conference. "Before I got this job, my career was in the business world, helping provide capital for promising entrepreneurial opportunities.