AES Corp., an Arlington-based power company,
bought minority interests in wind farm developments
in
France
and
Bulgaria
. AES has an option to buy a majority stake in the
projects by InnoVent SAS
and Kavarna, respectively, at a later date. (Business Wire)
Albemarle Corp., a producer of specialty chemicals
headquartered in Richmond, added a production and packaging
facility in Magnolia, Ark. for processing industrial
grade anhydrous Hydrogen Bromide, used in the synthesis
of fine chemicals, and also in plasma etching by the
electronics industry. (News release)
FERIDIES, a peanut grower headquartered in
Courtland, plans to invest $3.2 million in an expansion
of its facility in
Southampton
Business
Park. The increase in equipment capacity will lead
to creation of 25 jobs. (News release)
LeClair Ryan, a Richmond-based law firm, opened
an office in
New York City to expand its presence in the financial
services and corporate bankruptcy sectors. Paul
A. Merolla, immediate
past president of the Securities Industry Association’s
Compliance & Legal Division, will head up the new
office. (News release)
NYK Logistics Inc., an affiliate of the Japanese
shipping firm NYK Line, will open a freight distribution
facility in
Chesapeake. The 120,000-square-foot facility, which
will primarily service imports for Target Corp., will
mean 100 new jobs. NYK will continue operating its
Hampton facility.
Virginia competed with
Florida for the $26 million investment. (News release)
Virginia Tech’s
Blue Ridge Aquaculture fish farming facility in
Martinsville will undergo a $2.4 million expansion
to allow research on the feasibility of farming shrimp.
Once the facility is complete, Virginia Tech researchers
will begin a USDA-funded study of the possibilities
for shrimp farming. (News release)
