Business Facilities - November 2007 - (Page 49)

A First for Gates Corporation G ates Corporation—the largest non-tire rubber manufacturer of automotive and industrial products, systems, and components in North America—announced in March plans to invest approximately $8 million for its first Virginia facility in the Highlands Business Park, an industrial park located in the Washington–Smyth County Joint Enterprise Zone. The company intends to create 172 jobs as a result of this project. “Stable economic conditions within the region along with an ideal location to serve our customers drove the decision to locate our operations in the Southwestern Virginia area,” says Mike Cottrell, vice president of North American Hydraulics and Worldwide Technology for Gates Corporation. To help with the expansion, Governor Tim Kaine approved $300,000 from the Governor’s Opportunity Virginia Secretary of Commerce and Trade Patrick O. Gottschalk congratulates Mike Cottrell, vice president of North American Hydraulics and Worldwide Technology for Gates Corporation, on the company’s first Virginia facility. Fund, and the Virginia Tobacco Indemnification and Community Revitalization Commission approved $300,000 in Tobacco Region Opportunity Funds. Furthermore, Gates is eligible for benefits through the Virginia Enterprise Zone program, as well as training assistance through the Virginia Jobs Investment Program. The Next Big Thing in Technology is Here. oday’s hottest business location is found where technology, talent and quality of life converge, and opportunity abounds Culpeper, Virginia. An hour south of the Capital area’s costly, congested “corridors,” Culpeper is attracting today’s business thoroughbreds, and nurturing tomorrow’s champions. With the infrastructure to support the most advanced technologies, a skilled and educated workforce, and a truly exceptional quality of life, Culpeper is the ideal place to grow your business and raise a family. Not to mention Culpeper’s progressive local government, high-speed fiber optic network, SBA HUB Zone, expanded Airpark, Foreign Trade Zones, and a free-flowing transportation system. All nestled in a commercial real estate market that gives even your biggest dreams room to grow. Perhaps that’s why some of the world’s most technologically sophisticated organizations are making Culpeper, Virginia, the next big thing in technology. For your FREE Culpeper Business Guide, call 1-800-793-0631 or visit www.culpepercounty.gov/EcoDev T PHOTO CREDIT: VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP Culpeper, Virginia Technically Beautiful Culpeper Department of Economic Development 233 East Davis Street, Culpeper, Virginia 22701 (540) 727-3410 • Fax: (540) 727-3448 Email: csachs@culpepercounty.gov #1303 at www.BusinessFacilities.com BUSINESS FACILITIES 49 http://www.culpepercounty.gov/EcoDev http://www.culpepercounty.gov/EcoDev http://www.BusinessFacilities.com

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Business Facilities - November 2007 Contents First Words Snapshots Metro Spotlight: Indianapolis Region, Indiana Georgia's Pursuit of Industry Extreme Technology Sites A Tennessee Trifecta A Watershed Moment for Philly Metro Spotlight: Mexico-Texas Border Region High Tech and Aerospace Heat up in Arizona Meeting the Information Technology Challenge IEDC Announces 2007 Winners Corporate Moves: Alabama Northeast Arkansas Scores Major Investments Corporate Moves: Virginia Metro Spotlight: Martinsville-Henry County, VA Renewable Michigan Advertiser Index Ask the Expert

Business Facilities - November 2007

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