Medical Manufacturer Jouan, Inc. To Invest $8 Million In Virginia

Governor Allen Lauds $28 Million Investment Victory

Chesapeake - Governor George Allen today announced that Dollar Tree Stores Inc. will expand its corporate headquarters and distribution center and relocate to Chesapeake, Virginia, investing $28 million and creating 125 new jobs over the next five years and to retain 275 existing jobs in South Hampton Roads.

 Virginia's First Full-Service Hollywood Film Studio Becoming a Reality

Petersburg - Virginia First Lady Susan Allen today officially welcomed New Millennium Studios at groundbreaking ceremonies in Petersburg. Announced last October and founded by Hollywood veterans Tim and Daphne Maxwell Reid, the 59-acre facility becomes Virginia's first full-service film studio. Armada/Hoffler Holding Company of Chesapeake will serve as the principal developer and contractor in the $11 million studio.

Three Companies Decide to Call Virginia Home

Richmond - Governor George Allen today announced that three companies have decided to locate their operations in Virginia, creating 221 new jobs with initial investments totaling over $1.4 million. The City of Norfolk will host a new cabinet manufacturing company called Odessa Black Sea, and Affinity Group Underwriters will operate in Henrico County. Playgrounds Inc. will locate a plant in Fairfax County.

Governor Allen Welcomes 5B's And 1,000 Projected Jobs To Henry County

Wayne L. Sterling Receives Prestigious Award from Associated General Contractors of Virginia

Hot Springs, VA - Wayne L. Sterling, Executive Director of the Virginia Economic Development Partnership (VEDP), received the Special Recognition Award by the Associated General Contractors of Virginia (AGC) on January 18, 1997. The award was presented during AGC's annual convention held at the Homestead Resort. 

Deal Follows Governor Allen's Visit to Korea

Lynchburg - Governor George Allen today announced that telecommunications leader Ericsson Inc. has signed a radio dispatch equipment order worth $33 million with Samsung International. The order names the Lynchburg manufacturer as the primary supplier of advanced digital dispatch radio equipment to Samsung of Korea. Governor Allen met with Samsung officials during his 1996 trade mission to the Far East.

Steel Manufacturing Company To Locate In Washington County, Create 80 Jobs

Richmond - Governor George Allen announced today the decision by Southern Engineering to locate a new steel manufacturing plant in Washington County. The new facility will create 80 new jobs with an initial investment of $5 million.

Site Will Enhance Virginia's Marketing Capabilities to Attract Jobs and Investment

Richmond - The Virginia Economic Development Partnership (VEDP) has launched its new marketing web site, placing the Commonwealth of Virginia at the fingertips of business prospects around the globe. The new site will complement the Partnership's existing marketing program and will enhance Virginia's presence in the global marketplace. Users can access the site at www.YesVirginia.org.

$75 Million Investment To Create 85 New Jobs

Stuarts Draft - Governor George Allen today announced that Hershey Foods will expand its manufacturing facility in the Stuarts Draft area of Augusta County, Virginia. The new 200,000 square foot facility will employ 85 additional Virginians, with an initial investment of $75 million.