Company to build $42 million state-of-the-art facility
Course provides training on new hyperscale-grade fusion splicing techniques and equipment, career networking opportunities
Company plans to invest $25 million to establish vehicle inspection and reconditioning center
RICHMOND—Governor Ralph Northam today announced that Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, plans to invest $25 million to establish a new vehicle inspection and reconditioning facility in Chesterfield County. Virginia successfully competed with North Carolina, Ohio, and Tennessee for the project, which will create an estimated 400 new jobs.
Company will invest $1.29 million to establish IT asset disposition center
RICHMOND—Governor Ralph Northam today announced that TES, a global provider of IT lifecycle services, will invest $1.29 million to establish an IT asset disposition center in Spotsylvania County. Virginia successfully competed with Delaware and Maryland for the project, which will create 25 new jobs.
Israel Aerospace Industries Ltd. to invest in new headquarters operation and create more than 50 new jobs
Company to invest $12.2 million to consolidate and expand existing offices
RICHMOND—Governor Ralph Northam today announced that InMotion Hosting, Inc., a provider of business web hosting services, will invest $12.2 million to expand its presence in the City of Virginia Beach. The company will purchase and occupy a 61,000-square-foot facility where the majority of its technical support and customer service operations will be conducted. Virginia successfully competed with California and Colorado for the project, which will create 50 new jobs.
The Electric Infrastructure Program allows electric utilities to recover costs incurred to construct, operate, and maintain transmission lines and associated substations installed to provide service to a business park when found eligible for a rate adjustment approved by the State Corporation Commission (SCC). The program allows for three sites in each utility’s certificated service territory.
The Rights-of-Way Certification Program may allow the utility to acquire rights-of-way for the ordinary extension of utility facilities in the normal course of business to one or more qualified economic development sites and to recover costs incurred, subject to approval by the State Corporation Commission (SCC).
Contact
Abigail Patterson
804.545.5774 | jmhaynes [at] vedp.org (apatterson[at]vedp[dot]org)