BNA Inc., an employee-owned publishing company
located in Washington, D.C., announced plans to move
its headquarters to Crystal City by 2007. The $110
million investment will bring over 1,000 jobs to Virginia.
BNA publishes news and information on various regulatory
and public policy subjects through print and electronic
venues. (Press release)
PepsiCo. Inc., a Purchase, N.Y. manufacturer
of consumer snacks and beverages, will build a manufacturing
and distribution center in Wythe County. The $140 million
investment will create 250 jobs in the production of
Gatorade Thirst Quencher, a popular sports drink, and
Propel Fitness Water. Virginia competed against Maryland
and California for the project. (Press release)
Reyes Holdings LLC of Rosemont, Ill., will
invest $7.5 million for a warehouse and distribution
facility in Prince George County. The project, which
will be operated by food service distributor Reinhart
FoodService LLC of La Crosse, Wis., a recent acquisition
of Reyes Holdings, is expected to employ 120 persons
within three years. (Press release)
