Bechtel Corp. Brings 700 New Jobs to Fairfax County
Bechtel Corp. will invest $10 million to relocate its Frederick, Md., operation to Fairfax County as part of its global restructuring. Virginia successfully competed against Texas and Arizona for the project, which will add 700 new jobs.
This is a strong follow-up to the company’s 2011 decision to relocate its global operations headquarters from Maryland to Fairfax County and create more than 600 new jobs.
Bechtel Corp. is one of the most respected global engineering, project management and construction companies in the world. Since 1898, the company has completed more than 25,000 projects in 160 countries on all seven continents.
"Since relocating our global operational headquarters to Reston in 2011, we have enjoyed immense support from the business community of Fairfax County and the Commonwealth," said Bechtel CEO Bill Dudley. "Reston has proven to be an ideal location for Bechtel. Conveniently situated between two airports, it facilitates international and domestic travel, which is key to our business, provides access to a highly skilled workforce, and offers an enjoyable work/life environment for our employees."
Canon Virginia Invests $100 Million to Expand in Newport News
Canon Virginia Inc. will invest $100 million to expand its operation in Newport News. The company plans to add additional printer cartridge production lines and increase its toner manufacturing and filling capabilities. Governor McAuliffe met with company officials to discuss this project during VEDP’s recent Asia marketing mission.
CVI has been in Virginia since 1985, and the operation in Newport News has grown to become the manufacturing, engineering, recycling and technical support center for the Americas region. The company manufactures millions of copiers, printers and cartridges, and also operates as a factory service center.
The company is a subsidiary of Canon Inc. (NYSE: CAJ), a multinational corporation based in Tokyo, Japan, that specializes in imaging and optical products. It was listed on Fortune magazine’s World’s Most Admired Companies in 2014.
CVI has remained in Virginia for 30 years due to the strength of the Hampton Roads workforce and the ability to partner with institutions, such as CCAM, to further its research and development.
Greensville County Gains 113 New Jobs and a New Headquarters Location with 510nano Inc.
510nano Inc. announced it will invest $11 million to relocate its headquarters to Greensville County Industrial Park and establish a 100,000-square-foot solar panel manufacturing facility. The project will bring 113 new jobs to Southern Virginia.
510nano Inc. develops and deploys renewable energy solutions. Since its founding in 2005, the company has developed more than 30 clean technologies that are currently being commercialized. Greensville County won this project because it offered a site to fit the company’s needs, along with access to the workforce and transportation infrastructure essential for advanced manufacturing.
"Solar VIA is a technology that we’ve designed to lower the cost of solar generation to less than six cents per kilowatt-hour without subsidy," said Dr. Reginald Parker, president and CEO of 510nano Inc. "The manufacturing home for the technology needs to be strategic and meaningful. With great access to I-95, Hampton Roads and rail, we see Greensville County, Va., as an ideal home for the manufacturing site for Solar VIA, the headquarters for our solar energy business, and our energy research and technology center. Additionally, we felt that Greensville offered an attractive labor force, strategic nearby partners and a great name for a green innovation company."
To learn more about the unique assets in Virginia and why companies, like these, have been choosing the Commonwealth for more than 400 years, click here.
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