Argonaut BioFuels Inc., a Bumpass-based manufacturer of wood pellets, will invest $16 million to expand operations at a wood chip mill it has purchased in Louisa County and increase production of pellets for fuel, animal bedding and paper mills. The projects will create 65 jobs. (News release)
Barr Laboratories Inc., a manufacturer of pharmaceutics, will invest $62 million to add capacity at its Bedford County facility for its current line of products and also invest in new equipment for the manufacture of timed-released medicines. The project is expected to create 200 jobs. (News release)
Timmons Group, a Richmond engineering and design firm, developed an interactive geographic information system product, Site LoGIStics, aimed at business and economic development professionals who need site information, demographics and mapping data. Hanover County’s Department of Economic Development is serving as the pilot community in the development phase of the Web-based tool. (News release)
University of Virginia researchers received a $1.3 million grant from the National Science Foundation for the study of adding organic molecules to silicon surfaces as a way of controlling conduction and facilitating development of ever smaller electrical devices, such as computer chips, for mass production. (News release)
The Virginia Economic Development Partnership accepted two Central Virginia companies into its new export development program to help businesses pursue opportunities in overseas markets. Delta Pure Filtration of Ashland manufactures liquid cartridge filters and filtration systems. FERIDIES of Courtland sells branded and private-label peanut and specialty foods through a variety of outlets.
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