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August 2007

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Virginia Businesses in the News


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Have News to Report?
For the Record is compiled from company releases, business journals and newspaper reports from around the state. If you have an item for these listings:

• Mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293

• E-mail it to ForTheRecord@va-business.com

• Fax it to (804)
649-6311
AES, a power company based in Arlington County, with operations in 28 countries, announced plans for expansion of its corporate headquarters. Through a $5 million investment, 115 jobs will be created. Virginia competed with Washington, D.C. and Maryland for the investment. (Press release)

American Eagle, a Fort Worth, Texas, regional airline, plans to offer nonstop service from Richmond International Airport to Miami. The carrier currently offers service from Richmond to Boston, as well as American hubs in Chicago and Dallas/Fort Worth. (PR Newswire)

Centra Health, a health services provider, announced plans for two major expansions in Lynchburg: A $21 million cancer center, and a $60 million project for a five-story, 108-bed patient care center specializing in cancer and orthopedic care. (The News & Advance)

Coldwell Banker Harbour Realty, a real estate firm based on the Eastern Shore, launched a commercial real estate division providing a full range of commercial real estate services from its five Eastern Shore offices. (Press release)

Dominion, a Richmond power company, received permission from the Federal Energy Regulatory Commission, for two natural gas transmission projects: A $78 million project to increase pipeline and storage capacity to serve the Mid-Atlantic area; and a $43.5 million project to allow transmission both east and west through the Dominion Cove Point pipeline. (PR Newswire)

US Airways, an Arlington-based airline, plans to resume service from Pittsburgh to London, beginning May 1; and also will begin nonstop flights from Asheville, N.C. to New York City on February 8. (PR Newswire)

Wachovia Securities, a brokerage and securities firm in Richmond, plans to expand its headquarters operations, creating more than 1,000 jobs in Richmond and Henrico County through a $8.3 million investment. (Press release)

XO Communications, a Reston-based broadband services provider, announced plans to include Richmond in its nationwide 12-market expansion. The company currently offers Internet and telecommunications services in 60 markets across the nation. (Business Wire)



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