GOVERNOR KAINE ANNOUNCES 55 NEW JOBS IN GRAYSON COUNTY

RICHMOND – Governor Timothy M. Kaine today announced that Carolina Profile Design Corp., a lithographic commercial printing company, will invest $3 million to expand in Grayson County, creating 55 jobs. The company will add a metal machining process to its existing operations. Virginia successfully competed with Illinois, North Carolina and Pennsylvania for the project.

“Carolina Profile Design has been a corporate staple in Grayson County since 1990,” Governor Kaine said. “This expansion will enable the company to manufacture high-end metal parts for machinery and after-market products that are in demand around the world. In a region that has been hit by economic the downturn and offers an available workforce, 55 new jobs are significant.”

– Commonwealth rises from No. 2 spot to garner second top ranking in 3 years –

RICHMOND – Governor Timothy M. Kaine today announced that for the second time during his administration, CNBC has named Virginia its "Top State for Business". This best-in-the-nation ranking was based on a wide range of factors, from workforce quality to broadband infrastructure, and reaffirms that "Virginia has what it takes to emerge from an economy turned upside down." Virginia received CNBC's top ranking in 2007 and was ranked second in 2008. This is the fourth time in the last month that Virginia has received national acclaim as a top place to do business.

"This recognition shines an international spotlight on the Commonwealth, distinguishing Virginia as a stellar business location-an especially important distinction in the current economic climate," said Governor Kaine. "This designation, and others before it, demonstrates that our efforts to recruit quality jobs, prepare our workforce, and invest in education and innovation are necessary and effective steps to ensure a prosperous future for Virginia."

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