Paper Manufacturer To Invest Additional $117 Million in Covington

Covington - Governor George Allen today announced that Westvaco Corporation will invest $117 million for the expansion of its Covington paper mill in Alleghany County. Two separate projects will increase operating efficiency at the mill and will provide essential support for future production increases.

State and Corporate Leaders Promote Virginia as

Richmond - Representatives from the Virginia Economic Development Partnership (VEDP) and businesses across the Commonwealth recently attended CeBIT '97, one of the world's leading international trade shows for information technology and telecommunications held in Hannover, Germany. In 1997, more than 7,000 exhibitors from 60 countries played host to over 600,000 visitors from around the globe.

Quality Packaging Systems Plant Will Create 109 New Jobs

Richmond - Governor George Allen today announced that Quality Packaging Systems, Inc., will locate a new pharmaceutical packaging plant in Chesterfield County, creating 109 jobs for Virginians over the next five years. This $6 million facility will begin operations in June, and will become the only contract pharmaceutical packaging company in the Commonwealth.

Richmond - Governor George Allen today announced that "K" Line America, Inc., an integrated ocean intermodal transportation company, will relocate its corporate headquarters from Murray Hill, New Jersey, to Henrico County, investing $8 million and creating 90 new jobs in Greater Richmond. In 1996, "K" Line located a national service center in Chesterfield County which has since hired over 135 employees. Virginia successfully competed with New Jersey for the relocation.

Nexus Communications to Create 550 Jobs for Southwest Virginia

Dickenson County - Governor George Allen today announced that Nexus Communications will locate a new $4.3 million call center in Dickenson County's Happy Valley Industrial Park. Approximately 130 employees will be hired initially, followed by as many as 550 over the next three years. Virginia successfully competed with Maryland for the investment.

State and Business Representatives Aim to Build on 1996 Success

Chubb Group Insurance Firm to Hire 250 for First Rapid Response Unit

Richmond - Governor George Allen today announced that New Jersey-based Chubb Group of Insurance Companies will locate its first Rapid Response Unit centralized claim service center in Chesapeake. The $10 million facility expects to employ more than 250 people when it opens in 1998 and may expand in future years.

Governor Welcomes Three New Companies to the Commonwealth

Richmond - Governor George Allen today announced that three European companies have decided to locate operations in Virginia, creating approximately 45 new jobs for Virginians. These companies represent three different countries and will provide a variety of products. Harkness Screens will locate a manufacturing facility in Fredericksburg; Trados Corporation will locate a new office in Alexandria; and Digigram SA, will locate its North American headquarters in Arlington.

Governor Allen Congratulates Petersburg Bearing Manufacturer

Petersburg - Governor George Allen today announced that Brenco, Incorporated, a manufacturer of railcar tapered roller bearings, has signed a long term, 10-year sales contract with Compania Industrial AZO of Mexico worth an estimated one million dollars during the first year. Additionally, Brenco will remain the exclusive distributor of roller bearings for the next nine years, leading to a total estimated value of $10 million.

 

Governor Allen Welcomes $10 Million Investment and 300 Jobs