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YEARS VIRGINIA BUSINESS SITE LOCATOR The perfect fit Company executives tell us why Virginia continues be a prime location to create or expand a business.


Navy Federal Credit Union recently announced an expansion that’s expected to create 1,400 jobs in the Shenandoah Valley.


✦ Workforce: Vienna-based Navy Federal Credit Union revealed plans to expand their existing op- erations in Fredrick County. “We are delighted with the talented and hardworking employees at our Fredrick County-Winchester operations center,” says Cutler Dawson, Navy Federal president and CEO. “T is expansion will allow us to build upon our success here.” Navy Federal is investing $100 million in the project, which is expected to create 1,400 jobs in the Shenandoah Valley.


Frontier Secure, which provides communication services to urban, suburban and rural regions, opened a Customer Care Center that’s expected to create 500 jobs in Wise County. Kelly Morgan, senior vice president and general manager of Frontier Secure says, “Wise County off ers the talent we depend on to drive our 100 percent U.S.-based operations, and we are proud to play a role in supporting economic growth in Southwest Virginia.”


✦ Access to Market: Nestlé USA, a major international nutrition, health and wellness company, is


Source: News releases, Virginia Business S6 AUGUST 2017 ADVERTISING Contributed photos


✦ Location: Costar Group, a com- mercial real estate intel company, chose Richmond for its $8 mil- lion research and development center. T e move is expected to create 732 new jobs. “T is is an opportunity that allows us to ex- pand our research and software development capabilities in a city that provides a highly educated labor pool, a superior quality of life for our employees and a cul- ture that aligns to our business model,” says Costar Founder and CEO Andrew Florance.


investing $39.8 million to relocate its U.S. corporate headquarters to Arlington County from California. T e project will create 748 new jobs. Paul Grimwood, chairman and CEO of Nestlé USA says, “T e area off ers appealing benefi ts for our current employees, as well as a great talent pool for the future. T is location allows us to be closer to our business operations, our customers and other important stakeholders.”


Plumbing wholesaler Ferguson Enterprises is expanding its headquarters in Hampton Roads.


✦ Business-friendly environment: Several government entities col- laborated to aid in Ferguson En- terprises’ $82.8 million expansion in Newport News. Ferguson, the largest plumbing wholesaler in the U.S., will add an estimated 434 jobs in Hampton Roads. “T ank you to Governor Terry McAuliff e, the Virginia Eco- nomic Development Partnership, and the City of Newport News and the Economic Development Authority for their partnership and unwavering support,” says Frank Roach, who will retire as the company’s CEO July 31.


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