Virginia Businesses in the News


New Plants and Companies

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

GEO-CENTERS, a scientific research company headquartered in Newton, Mass., announced plans to locate a research facility in Prince William County. The initial investment will create 10-15 jobs for research in biotechnological areas. (04/29/04, Press release)

Windsor Mill, a wood siding manufacturer from Northern California, announced plans to locate a facility in Surry County. The $6 million investment is expected to create 70 jobs over the next 30 months. Virginia competed with Maryland and North Carolina for the project. (04/26/04, Press release)

Basic Sportswear, a whole distributor of fleecewear and underwear products, announced plans to locate a distribution facility in Meckenburg County. The $2.2 million investment will create 40 jobs. Virginia competed with North Carolina for the project. (04/20/04, Press release)

APM Terminals, a global container terminal operator headquartered in the Netherlands, will build a privately developed container terminal on the Elizabeth River in Portsmouth. The $450 million investment, the largest ever in Hampton Roads, will create 210 jobs. The project will allow the port to handle the latest and largest cargo ships. (04/19/04, Press release)

HT Motorsports, an auto race team, announced plans to relocate from Harrisburg, N.C., to Henry County. The move will create 75 jobs, and the company will partner with Patrick Henry Community College and Arrington Manufacturing to construct the Virginia Motorsports Technology Center to house the race team, as well as PHCC’s motorsports work force development program. (04/17/04, Press release)

Blue Ridge Wood Products announced plans to open operations for the manufacture of laminated lumber and hardwood plywood in Tazewell County. The $3.6 million investment is expected to create 160 jobs within 30 months. Virginia competed with West Virginia for the investment. (04/15/04, Press release)

Telvista, a Tijuana, Mexico-based provider of financial support services, plans to locate a technical support center in Danville’s Airside Industrial Park. The company has agreed to hire 400 full-time workers and plans to fill 100 of the positions within 30 months. (04/14/04, Danville Register & Bee)