Company to invest $40 million in distribution facility
Richmond - Governor Jim Gilmore today announced that Nautica Enterprises, Inc. (NASDAQ-NAUT), a leading fashion and lifestyle company, has selected Henry County for its newest distribution operations. Nautica expects to create 375 new jobs over time and anticipates the project will result in an investment of approximately $40 million. Virginia successfully competed with Georgia, Tennessee, Ohio, and Pennsylvania for the investment.
Lumber producer to make largest single private manufacturing investment in county's history
Richmond - Governor Jim Gilmore today announced that ArborTech Forest Products will locate a manufacturing facility in Nottoway County creating 50 new jobs for residents there. The $21 million investment is the largest single manufacturing investment made by a private corporation in the county's history. Virginia successfully competed with North Carolina for the project.
Decision will create 150 new jobs in Hampton Roads
Richmond - Governor Jim Gilmore today announced that HomePlus Insurance Agency, Inc., an affiliate of the Minnesota Life Insurance Company, will locate a sales center in the City of Chesapeake creating 150 new jobs over the next two years. Virginia was selected for the $3 million investment after a nationwide search. The facility will be located in an existing building at the Battlefield Technology Center I.
Governor Gilmore praises NEC's decision to create 100 jobs
Richmond - Governor Jim Gilmore today announced that NEC America, the U.S. affiliate of a global technology leader, will expand its Fairfax County facility. The company will create 100 new jobs as a result of the multimillion-dollar expansion.
Virginia First State to Partner with FORTUNE and CNN in Integrated Media Package
Richmond - Virginia Governor Jim Gilmore announced today a new campaign to showcase Virginia's business climate. In addition, Virginia will become the first state to partner with Time Warner Inc., a global media company, for economic development advertising with the company's media properties of CNN and FORTUNE magazine.
OSI will invest $2 million in financial services facility
Richmond - Governor Jim Gilmore today announced that Outsourcing Solutions Inc. (OSI), the nation's leading receivables management company, will locate a service center in Henrico County creating 375 new jobs. In addition, 65 employees will be retained from the company's Chesterfield County facility. Virginia successfully competed with New Jersey and Massachusetts for the investment.
Richmond - Governor Jim Gilmore today announced that VFP, Inc. will create 100 new jobs at its Concrete Division plant in Scott County. The Roanoke-based manufacturer will invest $1.2 million in the expansion. The plant opened in June 1997.
"VFP is a respected company that relies on Southwest Virginia's workforce," Governor Gilmore said. "As a growing Virginia-based company and a participant in my trade mission to South America last year, I'm pleased that VFP's product orders have exceeded expectations."
Richmond - Governor Jim Gilmore today announced that the City of Martinsville is breaking ground for its new shell building. The City received a $945,000 loan from the Commonwealth to fund the facility. The 50,000 square-foot building will be located in the Clearview Business Park on the corner of Clearview and Progress Drive. Deputy Secretary of Commerce and Trade Joshua N. Lief represented the Governor at today's ceremony.
Richmond - Governor Jim Gilmore today announced that the Virginia Economic Development Partnership (VEDP) will open a new economic development office in Seoul, Korea in January 2000. The office's functions will be to recruit Korean companies to the Commonwealth and establish trade relationships between Virginia and Korean companies. This office joins other global VEDP offices located in Tokyo, Japan; Frankfurt, Germany; Hong Kong; Mexico City, Mexico; and Sao Paulo, Brazil.
Richmond - Governor Jim Gilmore today announced that Avenir, Inc., an information technology company headquartered in New York City, will locate a new software development facility in Prince William County. Avenir will create 166 new jobs in Virginia through a $3 million investment. The Commonwealth successfully competed with New York, New Jersey, Washington D.C. and Maryland for the project.