|
|
|
Home
>
INTERNATIONAL
>
Success Stories
| |
|
|
November 2007 — Rolls-Royce, a worldleading provider of power systems and services for use on land, at sea and in the air, announced it will build a state-of-the-art aero engine facility in Prince George County, Virginia. Initially, the company will invest $100 million to establish an assembly and test facility for its civil aerospace operations. Over time, the company has plans to invest up to $500 million to support future advanced manufacturing as opportunities arise for its defense and civil aerospace businesses. The projects will create 500 new jobs.
“I am pleased that Virginia has been selected as the location for this important work. From the beginning of this competition, Virginia understood our business needs and worked hard to put forward a world-class proposal. Rolls-Royce has had a strong relationship with Virginia since 1990, and this new facility builds on that partnership,” said Sir John Rose, Rolls-Royce Chief Executive.
Rolls-Royce is headquartered in London, England. The company has a broad customer base comprising 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 2,000 marine customers including 70 navies, and energy customers in 120 countries. Rolls-Royce is a technology leader, employing 38,000 people in offices, manufacturing and service facilities in 50 countries.
September 2007 – Volkswagen of America, Inc. announced plans to invest more than $100 million to relocate its U.S. corporate headquarters to Fairfax County, Virginia. The new facility will serve as the U.S. headquarters for Volkswagen of America, Inc., and will include the U.S. headquarters for Audi of America, Inc., Audi Financial Services, Volkswagen Credit and other affiliated operations. The project will create 400 new jobs in Fairfax County.
“This move is part of our company’s new corporate strategy, of connecting even more closely with our customers, and encouraging fresh ideas and bold thinking. Virginia’s workforce and business culture are in line with that strategy and its location is convenient to vitally important markets for all our brands. We are excited to become part of the Virginia community,” Stefan Jacoby, CEO of Volkswagen of America.
Founded in 1955, Volkswagen of America, Inc. is a wholly-owned subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is the world’s fourth largest producer of passenger cars and is Europe’s largest automaker.
July 2006 – Dynax America Corporation, a Japanese auto parts manufacturer and North American subsidiary of Exedy Corporation, announced it will invest $11.7 million to expand its existing facility in Botetourt County, Virginia.
Dynax America located in Virginia in 1996. The company’s Japanese parent, Dynax Corporation of Hokkaido, Japan, is a subsidiary of Exedy Corporation, which is based in Osaka, Japan. Exedy has facilities in a dozen countries worldwide and employs more than 7,000 people. Dynax America employs 278 people at its Botetourt County plant, where it manufactures clutch discs, driven plates, clutch packs, and torque converter pistons for automatic transmissions.
“Dynax and Exedy consider the Commonwealth of Virginia and Botetourt County important partners in the company’s decision to expand the Dynax America facility,” said Koji Akita, President of Dynax America.
“The Roanoke Valley’s strategic location, the quality of the workforce and the local infrastructure were also critical factors in the decision to increase our investment in Botetourt County.”
July 2006 – Tosoh America, Inc. announced it will invest $4 million and create 27 jobs at a new facility in the
City of Manassas, Virginia. The investment relates to Tosoh’s Electronic Materials Division, a provider of high purity materials and services to the semiconductor industry.
“Our new Manassas cleaning and kitting facility is the next logical step in Tosoh’s strategy to expand its world-class products and services within the global semiconductor industry,” said Mr. Yojiro Takahashi, President, Tosoh America. “This state-of-the-art operation will complement our cleaning and kitting sites in California and Japan, and will provide local support for all Tosoh Electronic Materials products. Proximity to major customers, support provided by the state and city, an experienced workforce, and fast-track streamlined permitting made Manassas an easy choice for this expansion of our business.”
Headquartered in Tokyo, Japan, Tosoh’s Electronic Materials Division is part of the Tosoh Group. The Tosoh Group manufactures and provides industrial and specialty chemicals. Founded in 1935, the company has expanded its reach into high value added businesses such as fine chemicals, scientific instrumentation, thin film materials, and quartzware. Tosoh employs more than 9,000 people worldwide, and the company is listed on the Tokyo Stock Exchanges.
|
|
|
