FRANKLIN - Governor Mark R. Warner today announced that Money Mailer, a leader in the direct mail industry, will invest $8.5 million and create 160 new jobs over the next five years in the City of Franklin. The investment will allow Money Mailer to locate a printing, packaging and mailing operation in an existing shell building in the Pretlow Industrial Park. Virginia successfully competed with North Carolina and Tennessee for the project.
GRAYSON COUNTY - Governor Mark R. Warner today announced that Harvest Pharmaceuticals Inc., a newly-formed pharmaceutical sales and distribution company, will locate a marketing call center and warehouse/distribution facility in Grayson County. Through a $3.3 million investment, the company plans to create 30 new jobs over the next 30 months. Virginia successfully competed with North Carolina for the project.
RICHMOND - Governor Mark R. Warner today announced that Philip Morris USA will move its corporate headquarters from New York City to the former Reynolds Metals corporate complex on West Broad Street in Henrico County. Through a major two-tier economic development project, Philip Morris USA will create 450 jobs at the new headquarters in Henrico County as well as invest more than $300 million in its manufacturing facility in the City of Richmond. Annual payroll at the headquarters location is estimated to be $83 million.
RICHMOND - Virginia Governor Mark R. Warner today announced a $60 million reinvestment by Lear Corporation (NYSE:LEA) in four existing Virginia manufacturing facilities that translates into 200 new jobs in the Commonwealth. Governor Warner met with Lear executives during his first domestic economic development mission to the Detroit area in January.
RICHMOND - Governor Mark R. Warner today announced that Metalsa, a leading manufacturer of heavy truck rail frames, will expand its operations in Botetourt County. Through a $25 million investment, the company will create 70 new jobs and construct a 150,000-square-foot addition to its existing facility in the Vista Corporate Park. Virginia successfully competed with Pennsylvania and Mexico for the project. Governor Warner met Steven Helgeson, Plant Manager of Metalsa Roanoke, during his recent marketing mission to the Detroit area.
RICHMOND - Governor Mark R. Warner today announced that Hudd Distribution – a Maersk Logistics Company - will expand its existing distribution facility in the City of Chesapeake’s Gateway Commerce Park. Hudd Distribution is a subsidiary of Maersk Logistics, one of the world’s leading logistics companies headquartered in Copenhagen, Denmark. Through a $14 million investment, the company will create 260 new jobs. Virginia successfully competed with Georgia and South Carolina for the project.
RICHMOND - Governor Mark R. Warner today announced that Sunrise Senior Living will expand its McLean-based corporate headquarters, creating more than 140 new jobs in Fairfax County. The new jobs come in conjunction with Sunrise’s announced plans to acquire Marriott Senior Living Services, Inc. The majority of the new jobs are ones that will transfer from Marriott’s headquarters in Bethesda, Maryland. Through a multi-million dollar investment, Sunrise is expanding its existing office space by 116,338 square feet to a total of 164,838 square feet.
RICHMOND - Governor Mark R. Warner today announced that Wal-Mart Stores, Inc. will invest $55 million to locate a regional distribution center in Rockingham County, creating 1,000 new jobs for the Shenandoah Valley. The 1.2 million-square-foot facility, to be located off Interstate 81 and north of State Road 682 in Mount Crawford, is projected to begin construction in the Spring of 2004 with planned service to stores expected in the Spring of 2005. Virginia successfully competed with Maryland and Pennsylvania for the project.
Two-year export program provides resources to support international business expansion
MUNICH, GERMANY - Leica Microsystems, a German company, and the Virginia Economic Development Partnership (VEDP) will highlight Leica’s success at SEMICON Europa this week. The company recently won the annual German Business Innovation Award in the medium-sized business category for its revolutionary high-resolution inspection and metrology products for the semiconductor industry. Leica invented a product that specialists considered impossible: a deep ultraviolet objective using “airspace technology,” that has an unlimited lifetime.