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FOR IMMEDIATE RELEASE
Alan Fogg,
Director of Communications
afogg@fceda.org, 703-790-0600
Seven companies expand or relocate to
Fairfax County during December
Fairfax County, Virginia, January 21, 1998— During the month of December, seven corporations expanded or relocated their operations in Fairfax County, according to the Fairfax County Economic Development Authority (FCEDA). As a result of the announcements, 2,320 new jobs will be added to the County's economy. Typically, it is assumed that every new job added to the workforce spins off two to three jobs in the secondary economy.
Some of the largest relocations and expansions for the month are highlighted below:
| Company |
Location |
New Jobs |
Type |
| CrossMedia Corporation |
Tysons Corner |
6 |
Expansion |
| Iridium |
Reston |
300 |
Relocation |
| MCI |
Chantilly |
2,000 |
Expansion |
| SuperSonic Boom |
Tysons Corner |
5 |
Relocation |
| TeraStore |
Tysons Corner |
8 |
New Firm |
These corporate expansions and relocations indicate the continuing strength of the Fairfax County economy. Many of these companies are technology-based and are finding what they need in Fairfax County — a state-of-the-art telecommunications infrastructure, access to domestic and international markets through Washington Dulles International Airport, proximity to their employees and an excellent quality of life.
The Fairfax County Economic Development Authority provides services and information designed to promote Fairfax County as a business location for domestic and international companies and organizations. The FCEDA assists businesses by identifying possible sites and facilities and is a source for up-to-date demographic and economic statistics. For more information, visit the FCEDA's Web page at www.fairfaxcountyeda.org
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