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News & Press: VABIO News

Prince William County Attracts Record $513 Million Intended Capital Investment

Friday, February 06, 2015  
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Prince William County’s Department of Economic Development attracted a record capital investment of $513 million in calendar year 2014. The achievement marks the Department’s 2nd consecutive banner year and 4th year in its 18-year history to exceed half a billion dollars of intended investment by the private sector.

The Department closed a total of 19 projects, with a combined total of $513 million in intended capital investment and an anticipated 569 jobs. Of these jobs, 469 are new to the County and 100 were retained. The top five projects by capital investment and jobs fell within the Life Sciences and Information Technology industries.

“Prince William County continues to experience significant private capital investment in our targeted markets. As a result, we are further solidifying our position as a top destination in the Greater Washington, DC metropolitan area for the Life Sciences and Information Technology industries,” said Corey Stewart, Chairman of the Prince William Board of County Supervisors. “It is the actions that we’ve taken in these areas that will pay dividends for our citizens and our community in the long-term.”

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