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For the Record

Virginia Businesses in the News
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Virginia Business Magazine
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Posted July 11
Alion Science and Technology Inc., a McLean technology company, opened a regional headquarters in Charlotte, N.C., to provide consulting services to commercial and government clients in the Southeastern U.S. (Business Wire)

Bostwick Laboratories, a Richmond-based provider of medical laboratory services, will invest $4.6 million to expand its Henrico County facility, creating 600 jobs over the next three years. Bostwick specializes in urological pathology and management of prostate cancer. (News release)

Posted July 10
HCA Richmond, a Richmond-based health-care provider, will add 120 jobs at its patient-account service center in Chesterfield County, which employs 600 workers. The added jobs come as part of HCA’s consolidation of back-office financial functions into regional service centers. ( Richmond Times-Dispatch)

Philip Morris USA, a Richmond-based cigarette manufacturer, will close its Cabarrus County, N.C. factory by 2010 and move those operations to its Richmond facility. The company will cease production of cigarettes for export, concentrating solely on the U.S. market. Philip Morris International, based in Switzerland , will increase production at its Europeans facilities to meet overseas demand. Hundreds of jobs from North Carolina will move to the company’s Richmond plant. ( Richmond Times-Dispatch)

Merck & Co., a pharmaceutical company headquartered in Whitehouse Station, N.J., will invest $193 million in its Elkton plant and create 70 jobs. Last winter Merck announced a $57 million expansion of the facility, one of seven Merck plants around the country, and its production of medicine and vaccines. (News release)

Performance Fibers Inc., a Richmond-based producer of industrial polyester materials, will invest in new equipment at its Kaiping, China facility to increase its production of tire cord fabrics by 30 percent. The materials are used in radial automotive tires for which demand is growing in the Asian market. (Business Wire)

American Wood Fibers, a Columbia, Md.-based producer of specialty forestry products, will invest $9 million in its Smyth County operations, creating 30 jobs. The company uses wood waste to develop environmentally friendly products for industrial, pet, agricultural and energy markets. Virginia competed with Kentucky, North Carolina and Ohio for the investment. (News release)

 

 

 

 

 

 

 

 

 


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