Expansion to add 100 new jobs over the next three years
Richmond - Governor Jim Gilmore today announced that CropTech Corporation, a biopharmaceutical research company, will expand its Blacksburg facility. The company, which currently employs 22 people, will employ eight more this year and expects to create 100 jobs over the next three years. This 10,000-square-foot addition will result in a $1.1 million investment for Virginia.
Governor Announces contract with Chaparral Virginia Steel Recycling
Richmond - Virginia Governor Jim Gilmore today announced that Olympic Mill Services has signed a long-term contract with Chaparral Virginia Steel Recycling. Olympic Mill Services, a division of Tube City, Inc., will provide a variety of services to Chaparral's new $400 million structural steel mill in Dinwiddie County. This new contract will create 50 new jobs.
$4.8 million addition to create 25 new jobs
Richmond - Governor Jim Gilmore today announced that Hollingsworth & Vose Company will invest $4.8 million to expand its Floyd County plant. Governor Gilmore approved a $50,000 grant from the Governor's Opportunity Fund to assist the county with the expansion, which will create 25 new jobs over the next three years.
Technology trade show in Germany produces results
IDM will create 25 new jobs; Second announcement in Tazewell in the past two weeks
Richmond - Governor Jim Gilmore today announced that Innovative Design & Machine Inc. (IDM) will add a facility in Tazewell County, creating up to 50 jobs by the year 2001. Headquartered in Salem, the Virginia-based manufacturer selected Tazewell County after considering several locations in West Virginia and the Carolinas.
New $50-plus million campus to eventually house 2,500 jobs in Loudoun County
Loudoun County - Governor Jim Gilmore today announced the decision by Orbital Sciences Corporation to expand its satellite engineering, manufacturing and operations facilities adjacent to the company's headquarters in Loudoun County. The $50-plus million expansion will create up to 1,500 new jobs over the next three years and allow the company to consolidate its five existing Northern Virginia locations to a single integrated site.
Governor Gilmore announces creation of up to 125 new jobs for Southwest Virginians
Rockbridge County - Governor Jim Gilmore today announced the decision by SpanDeck Inc. to locate a new manufacturing facility in Tazewell County, creating up to 125 new jobs with a $2.5 million investment. SpanDeck is a leading manufacturer of hydraulic, telescopic-boom, crawler cranes used in a variety of industries. Virginia successfully competed with Tennessee, Mississippi, Alabama and Florida for the investment.
Japanese/American venture to create 200 new jobs
Rockbridge County - Governor Jim Gilmore today announced the decision by Daikin Industries, Ltd., and Modine Manufacturing Company to form a joint venture to produce a new line of packaged, rooftop, air-conditioning products. Daikin-Modine will locate its U.S. corporate headquarters in the City of Buena Vista and projects to create 200 jobs over the next five years. Twenty employees will be hired initially.
Southwest Virginian to Oversee Virginia Economic Development Partnership
Richmond - Governor Jim Gilmore today announced that J. Thomas Fowlkes has been elected chairman of the Virginia Economic Development Partnership (VEDP), the state authority charged with creating new jobs and investment for the Commonwealth. The 15-member board of directors elected Fowlkes last week at their quarterly meeting in Richmond.
Baan plans $40 million facility, 1000 new jobs
Ashburn - Governor Jim Gilmore today attended the groundbreaking ceremony of Baan Company at the 281-acre site in Ashburn that will include the company's U.S. headquarters. Announced last October, the $40 million dollar facility will house more than 400 employees and students, growing to 1,000 employees, as necessary to meet the demands of the expanding ERP (Enterprise Resource Planning) and other business application software markets.