Tuesday, April 27, 2010

Northrop Grumman Heading to Northern Virginia.

Gov. McDonnell Proves his Title as a Jobs Governor

Yesterday Gov. McDonnell announced the decision, in a joint statement with Northrop Grumman, to move their Headquarters from Los Angeles to Northern Virginia

"To gain the corporate headquarters of one of the largest global security contractors in the world is a testament to the strong business climate that we are focused on continually improving."
- Gov. McDonnell

Victory can be credited to the extensive effort on behalf of the McDonnell administration and the General Assembly. With countless meetings and talks with the company Gov. McDonnell and the General Assembly provided the attractive incentives needed to lure Northrop Grumman from LA to the Commonwealth. The McDonnell administration expressed their excitement with gaining one of the largest global security contractors in the world:

"This Administration will keep taxes and regulations and litigation at a minimum to attract job-creators from around the world to our state to ensure more new opportunities for all Virginians. I welcome Northrop Grumman to Virginia. I know the company will be a great corporate citizen and partner, and I thank Chairman Wes Bush and his team for their investment in the future of Virginia."

The new location of the headquarters could create up to 300 new jobs in the region as well as stimulate more economic growth for Virginia.

A great move by Gov. McDonnell and the right step towards Virginia’s economic future.

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