VEDP Quarterly/Annual Report for
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Announcements

(Total Announcements: 29,   Total Investment: $184MM,   Total New Jobs: 3,503)      (VEDP-Assisted Announcements: 17,   Investment: $164MM,   New Jobs: 3,305)
Company Name Location Business
Description
Month
Announced
New/
Expansion
New Jobs Investment
($MM)
State
Incentives
MODU Systems James City County Conveyor systems assembly June 2016 E 0 1.00 NO
*Back Bay Brewing Virginia Beach Brewery expansion June 2016 E 0 1.40 NO
*Sutherland Global Services Chesapeake Consulting for the insurance industry June 2016 E 200 2.17 NO
*General Insulation Company, Inc.(GIC) Portsmouth Distribution of insulation materials June 2016 N 25 1.00 NO
*GEICO Corporation Virginia Beach IT and call center for car insurance company May 2016 E 390 0.56 YES
Automark Solutions LLC Virginia Beach HQ; Developer of software for the automotive industry May 2016 N 35 0.04 NO
*Hermes Abrasives Virginia Beach Manufactures and applies abrasive coatings April 2016 E 0 1.30 NO
Tradition Brewing Newport News Brewery March 2016 N 10 0.70 NO
*Movement Mortgage Norfolk Mortgage services company March 2016 E 200 2.00 YES
*Norfolk Southern Corporation Norfolk Expansion of railway headquarters March 2016 E 166 8.20 YES
*ADP Norfolk Provider of cloud-based human capital management solutions and business process outsourcing services, analytics, and compliance expertise. March 2016 N 1800 32.25 YES
Fortis Solutions Group Virginia Beach HQ; Label and flexible packaging manufacturer February 2016 E 15 2.30 NO
Klett Consulting Group Virginia Beach Financial consulting for public and private clients February 2016 E 65 0.12 NO
*Emser Tile, LLC Suffolk Warehouse for east coast distribution February 2016 N 98 16.25 YES
*Printpack, Inc. Newport News Manufacturer of flexible and specialty rigid packaging January 2016 E 50 25.70 YES
*Zero Point Virginia Beach National security consulting and training business January 2016 E 44 2.53 YES
*Colonna's Shipyard Norfolk Shipbuilding and repair December 2015 E 51 34.25 YES
*TAG America Inc. Virginia Beach Development, production, and marketing of chemical products. December 2015 N 15 0.70 NO
Q.E.D. Systems Virginia Beach HQ; Defense contracting - IT/Engineering/Industrial Services/Logistics December 2015 E 0 4.20 NO
*Faneuil Inc. Hampton Call center services November 2015 E 170 1.85 YES
*Interchange Company Portsmouth Third party logistics and warehousing October 2015 N 0 10.36 NO
215 Gear Virginia Beach HQ: Manufacture and distribution of tactical gear October 2015 E 5 0.75 NO
Back Bay Brewing Virginia Beach Craft beer brewery October 2015 N 10 2.30 NO
Stock Design & Machine. Inc. Virginia Beach HQ; engineering services; speciality machining October 2015 E 3 1.00 NO
Prillamen Crane & Rigging Hampton Overhead traveling crane, hoist, and monorail system manufacturing September 2015 E 0 0.52 NO
*TE Connectivity Hampton Communication cables and wire for harsh environments, including undersea August 2015 E 66 9.00 YES
Atlantic Bay Mortgage Group, LLC Virginia Beach HQ; financial services/mortgage operations center August 2015 E 50 0.15 NO
Commonwealth Brewing Virginia Beach Craft beer brewery August 2015 N 5 0.10 NO
*Regulus Global Virginia Beach Defense logistics and consulting July 2015 E 25 3.45 YES
*VEDP Assisted.
**In certain circumstances, a new or expanding company will request that these details not be publicized.  In those cases, their announcements will not appear in this Quarterly Report.  The resulting employment and investment totals will, however, appear in cumulative, statewide figures published by VEDP.


Marketing Activities

Prospect Visits
A total of 61 prospect visits were conducted with 24 different prospects. During a prospect visit, VEDP business development specialists accompany prospects to meet face-to-face with local officials. These prospects are companies actively pursuing expansions or new facilities and considering locations in Virginia as well as other states. The prospect has conveyed to VEDP the details of its requirements (e.g.‚Ķtransportation infrastructure, workforce). In addition, it has quantified the capital investment and employment involved in the project.

Non-Prospect Community Visits
A total of 84 in-community visits were conducted by 16 different VEDP research and business development specialists. The purpose of these visits is to ensure VEDP understands each community‚Äôs unique opportunities and assets as related to economic development. In addition, it allows VEDP staff to build relationships with local officials and community leaders which can be instrumental in helping to close future deals.

Localities Recommended to Prospects
VEDP staff recommended to 24 different prospects, through location proposals and other means, that they consider a locality in this PDC to target their investment. In this process, the VEDP staff member points out specific opportunities and assets available in the locality and how these are well suited to the project based on the requirements.


International Trade

Virginia Leaders in Export Trade (VALET) Program
The VALET Program assists companies throughout the Commonwealth of Virginia expand their international sales. This two-year program combines capital resources from the state and professional services from private-sector partners to accelerate international marketing for 25 companies per year.

Current VALET Participants:
   Airborne Tactical Advantage Company, LLC
   Axis Global Enterprises Inc.
   Cape Henry Associates, Inc.
   Frontier Technology, Inc.
   Grandwatt Electric Corp
   High Threat Concealment
   International Flooring & Protective Coatings, Inc. (IFPC)
   Military Resale Solutions, Inc.
   Phoenix Group of Virginia, Inc.
   Regulus Global
   RMGS, Inc.
   Sumitomo Machinery Corporation
   Tek Fusion Global, Inc.

Past VALET Graduates:
   Air Systems International, Inc.
   Alliance Solutions Group Inc.
   Bauer Compressors, Inc.
   Bihrle Applied Research, Inc.
   BOSH Global Services
   Burlington Medical Supplies, Inc.
   Catalina Cylinders - Cliff Impact Division
   Catalytic Generators, Inc.
   Command Post Technologies, Inc.
   DACS, Inc.
   Delta-T Corporation
   Dr. Lucy's
   DRS C3 & Aviation Company
   Dynamic Towing Equipment and Manufacturing
   ESRG Technology Group
   Franklin Equipment Company
   G2 Ops, Inc.
   Hanbury Evans Wright Vlattas + Company
   ITA International, LLC
   KITCO Fiber Optics
   LifeNet
   Massimo Zanetti Beverage USA
   Morphix Technologies
   MYMIC LLC
   Paramount Sleep
   Parker Systems, Inc.
   Prevailance, Inc.
   Printpack, Inc., Rampart Packaging Division
   Registrar Corp
   Remarque Manufacturing Corporation
   Rockwell Collins
   SimIS, Inc.
   Solo, Inc.
   Sorbilite, Inc.
   SteelMaster Buildings LLC
   Teledyne Industries/Hastings Instruments
   Turner Strategic Technologies (TST)
   Valkyrie Enterprises, LLC
   Vitex Packaging
   VSD, LLC
   WESCO Marine Engineering
   WR Systems, Ltd.
   xTuple