VIRGINIA

Infineon Technologies Will Expand in Henrico County, Create 1,100 Jobs

Infineon Technologies will expand in Henrico County by becoming the first semiconductor manufacturer to commercially produce 300 mm wafers on the East Coast. Infineon Technologies Richmond, formerly known as White Oak Semiconductor, will create 1,100 new jobs. The expansion adds 500,000 square feet to an existing administration building and includes a wafer fabrication building. Production will begin in early 2002.

Howard Hughes Plans $500 Million Campus

Howard Hughes Medical Institute, based in Chevy Chase, Md., will develop a $500 million, 500,000-square-foot biomedical campus on 281 acres in Loudoun County, Va. The facility will house more than 300 scientists and support staff. Howard Hughes has a $12 billion endowment and is one of the largest medical grant-making and research groups in the country.

Aerospace Company to Bring 150 Jobs to Virginia

Fairchild Dornier will relocate its United States headquarters from San Antonio, Tex., to Virginia. The Fairfax County facility will invest $15 million and employ 150 people in sales and marketing, product support and senior leadership. Fairchild Dornier is a manufacturer of jet aircraft for the airline, corporate and government markets and provides a wide range of sales, support, production and engineering services for the aviation industry. Fairchild Dornier has its primary production and design facilities in Oberpfaffenhofen, near Munich, Germany. Production facilities will remain in San Antonio and other locations worldwide.

Investors Corporation to Locate in Martinsville

Investors Corporation will locate in Martinsville, and expand the former Pulaski Furniture facility. The furniture manufacturer will create 380 new jobs and invest $12 million in the project. Investors Corporation is headquartered in British Columbia. It is a multinational firm that owns and operates large-scale wood furniture manufacturing facilities. The Martinsville location will produce the company's solid wood general household furniture products.

Ethan Allen to Employ 445 People in Pulaski County

Ethan Allen has commenced operations in Pulaski County. The company has acquired the former Pulaski Furniture plant and is preserving the jobs of the 376 people working there at the time of acquisition. In addition to saving these jobs, Ethan Allen will create 70 new jobs and invest $12 million.

Firm Relocates from Indiana to Rural Virginia

Heat Transfer Specialties, a subsidiary of Entrodyne Corporation, will locate in the Rockbridge Regional Industrial Park in the City of Buena Vista. The relocation of HTS from Jeffersonville, Indiana to Buena Vista will involve an investment in facilities, equipment, and improvements of $3.5 million. Employment will total 250 people, including assemblers, welders, electricians, and support personnel..