Richmond - Governor Jim Gilmore today announced NTELOS has officially opened its customer care facility in the PortCentre I Building in Portsmouth. NTELOS is expected to build its staff to approximately 250 employees, while investing $9.6 million. Virginia Secretary of Commerce and Trade Barry E. DuVal represented the Commonwealth at today's event.

"We are very pleased to see the continued growth of this fine native Virginia company," Governor Gilmore said. "NTELOS, an industry leader, will find a welcome home in Portsmouth."

Richmond - Representatives from the Virginia Economic Development Partnership (VEDP), Virginia companies, and economic development professionals from across the Commonwealth will participate in the Hannover Fair 2001. The trade show will take place from April 23-28, 2001. 

Richmond - Governor Jim Gilmore today announced VIMCO Inc., a subsidiary of Lutron Electronics Company, Inc., will construct a new manufacturing facility in the Northlake Industrial Park in Hanover County. The companies will invest more than $6 million in this project, creating 105 new jobs and retaining the 45 employees that currently work at a VIMCO facility in Henrico County. 

Richmond - Representatives from the Virginia Economic Development Partnership (VEDP) and businesses across the Commonwealth will participate in CeBIT 2001, to be held in Hannover, Germany March 22-28. CeBIT is the world's largest trade fair for information technology and telecommunications. This show attracts over 750,000 visitors and more than 8,000 exhibitors, showcasing the latest technology from 60 countries around the world.

Richmond - Governor Jim Gilmore today announced Heat Transfer Specialties (HTS), a subsidiary of Entrodyne Corporation, will locate in the Rockbridge Regional Industrial Park in the City of Buena Vista. The relocation of HTS from Jeffersonville, Indiana, to Buena Vista will involve an investment in facilities, equipment, and improvements of approximately $3.5 million. Employment will total roughly 250, including assemblers, welders, electricians, and support personnel. Virginia successfully competed with Indiana and Kentucky for this project.

WINCHESTER - The Passport Program officially began in the Northern Shenandoah Valley today with a kick-off luncheon to introduce the program to area businesses. The Virginia Economic Development Partnership (VEDP) combined efforts with the Winchester-Frederick County Economic Development Commission, the Front Royal-Warren County Economic Development Authority, the Winchester-Frederick County and Front Royal-Warren County Chambers of Commerce, the Shenandoah County Office of Economic Development and the Clarke County Office of Economic Development to organize this event.

Richmond - Governor Jim Gilmore today announced The Rochester Corporation, a unit of Tyco Electronics Corporation, will expand its manufacturing plant in Culpeper County. The Company will create 35 new jobs for Virginians through a $10 million investment. Virginia successfully competed with Georgia and Ohio for the investment.

Richmond - Governor Jim Gilmore Wednesday night announced in his State of the Commonwealth Address that annual capital investment by new and existing Virginia companies exceeded $6 billion for the first time in 2000. According to the Virginia Economic Development Partnership, the previous record of $5.8 billion, set in 1995, was surpassed with last month's expansion announcement by Infineon Technologies Richmond. The final annual total will be released in early 2001 after Virginia's localities submit their economic development data to the Partnership.

Governor Gilmore Approves $600,000 to Assist County; AOL to Add New Tech Center, Two New Buildings

Completed fab will offer more than 1,100 new jobs for Henrico County

Richmond - Governor Jim Gilmore today announced that Infineon Technologies (DAX/NYSE: IFX) will expand its presence in Henrico County by becoming the first semiconductor plant to commercially produce 300 mm wafers on the East Coast. Infineon Technologies Richmond, formerly known as White Oak Semiconductor, expects to create 1,100 new jobs at full build-out as a result of the expansion. Production is due to start in early 2002.