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December 2007

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Virginia Businesses in the News


New Plants and Companies
Have News to Report?
For the Record is compiled from company releases, business journals and newspaper reports from around the state. If you have an item for these listings:

• Mail it to:
For the Record
Virginia Business Magazine
P.O. Box 85333
Richmond, VA 23293

• E-mail it to ForTheRecord@va-business.com

• Fax it to (804)
649-6311
FactSet Research, a Greenwich, Conn., supplier of research assets for the investment community, relocated one of its two primary data centers from Greenwich to Reston. The move to the state-of-the-art facility allows FactSet redundancy in critical systems and the capacity for future expansion. (02/17/04, Business Wire)

Rage Corp., a plastics manufacturer, announced plans to locate a new facility in Altavista. The $2 million investment creates 25 jobs. Virginia competed with Ohio for the project. (02/10/04, Press release)

CMA CGM, based in France, announced it will locate its North American headquarters in Norfolk’s Lake Wright Executive Center office park. The company, the world’s fifth-largest shipping firm, will move 376 employees to an $11.5 million, 80,000-square-foot facility to be developed at Lake Wright. The company plans to transfer 260 employees from Virginia Beach, and 116 from New Jersey. (02/05/04, The Virginian-Pilot)

 

 


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