Fairfax County EDA in 2015 worked with 179 businesses adding almost 8,700 jobs to the local economy

Alan Fogg, afogg@fceda.org, 703-790-0600 (o) or 571-213-5065 (m)                                                 

Companies expanding and relocating included 39 foreign-owned, 17 minority-owned 

Wednesday, January 20, 2016

Fairfax County, Virginia USA – In 2015, the Fairfax County Economic Development Authority (FCEDA) worked with 179 businesses adding almost 8,700 jobs to the Fairfax County economy. Companies in a wide range of professional services and information technology sectors dominated the year’s announcements.

Despite a relatively soft regional economy, Fairfax County continues to be a magnet for high-quality employers that create jobs and want to take advantage of our business assets and quality of life,” said Gerald L. Gordon, Ph.D., president and CEO of the FCEDA.

“Just as important as the number of companies adding jobs is the impressive diversity of the companies themselves,” Gordon said. “While many companies continue to serve the federal market, many of our largest announcements in 2015 came from companies that target the private sector for much of their business. This increasingly diversified economic base will serve the county and its residents well for decades to come.”

Of the 179 companies making job announcements in 2015, 140 are U.S.-based businesses. Prominent announcements came from global construction and engineering firm Bechtel, which added 700 jobs; Navy Federal Credit Union, the world's largest credit union, which added 600 jobs; consulting and auditing firm EY, which added 462 jobs; and IT staffing firm TEKsystems, which added 324 jobs.

Among the announcements from U.S. firms, 17 came from minority-owned, woman-owned or veteran-owned companies. These include The Mayvin Consulting Group, a woman-owned business that provides project management services, adding 95 jobs; African American-owned IT services firm Novel Applications of Vital Information, which created 75 jobs; Asian American-owned REAN Cloud Solutions and woman-owned IT services firm Strategy and Management Services, both of which added 25 jobs.

Thirty-nine companies with headquarters or parent companies overseas announced expansions in 2015, including Intelsat (Luxembourg), the world's largest provider of satellite services, adding 109 jobs; Vricon (Sweden), which develops three-dimensional data visualization products, adding 42 jobs; automaker Volkswagen of America, Inc. (Germany), adding 38 jobs; and Adaequare (India), data analytics and engineering services provider, adding 15 jobs. More than 410 foreign-owned firms from 45 countries maintain operations in Fairfax County.

Time magazine called Fairfax County “one of the great economic success stories of our time.” Business growth and innovation helps Fairfax County fund one of the nation’s most prestigious school systems and other public services that contribute to the quality of life of residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to global markets through Washington Dulles International Airport, a vibrant investment capital community and a highly skilled, well-educated workforce.

The award-winning Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. In addition to its headquarters in Tysons Corner, Fairfax County’s largest business district, the FCEDA maintains marketing offices in six important global business centers: Bangalore, Munich, London, Los Angeles, Seoul and Tel Aviv. Follow the FCEDA on Twitter and LinkedIn.

A list of selected announcements for 2015 is on the FCEDA website. The following 30 companies announced expansion in or relocation to Fairfax County in October, November and December 2015:

Company Type of Business Location Jobs New or Expansion
Access National Corporation /Access National Bank Financial services Reston
60
Expansion
Apex Systems LLC IT staffing and services Merrifield
9
Expansion
ApplyLogic Consulting Group, LLC Information technology Tysons Corner
4
Expansion
AXA Advisors, LLC Financial services Merrifield
20
Expansion
Carfax, Inc. Information technology Centreville
120
Expansion
CC Pace Systems, Inc. Information technology Fairfax Center/Oakton
12
Expansion
Cogent Communications, Inc. Telecommunications Herndon
40
Expansion
Datastrong, LLC Information technology Merrifield
5
Expansion
DLT Solutions Information technology Herndon
45
Expansion
eKuber Ventures Inc. Information technology Tysons Corner
6
Expansion
Euclid Systems Corporation Health care Herndon
12
Expansion
Expereo Telecommunications Reston
77
Expansion
Incept Data Solutions Information technology Herndon
60
Expansion
Kaiser Permanente Health care Tysons Corner
250
Expansion
MaxSent Security Reston
77
New
New World Radio, Inc. Media and communications Merrifield
2
Expansion
OptfinITy Information technology Springfield/Franconia
3
Expansion
PockitShip, Inc. Internet and transportation Seven Corners
12
New
Qore Performance Information technology Merrifield
6
Expansion
Root & Stem Management services Merrifield
7
Expansion
Sangha CPA, P.C. Accounting Fairfax Center/Oakton
2
Expansion
Serten Advisors Commercial real estate Tysons Corner
3
Expansion
Stereolize Inc. Information technology Tysons Corner
6
Expansion
Synaptic Solutions Information technology Reston
9
Expansion
V! Studios Information technology Tysons Corner
3
Expansion
Vecteron Web Design Media and communications Tysons Corner
10
Expansion
Verity Commercial, LLC Commercial real estate Reston
4
Expansion
Vrico Information technology Tysons Corner
42
Expansion
Whereoware Information technology Chantilly
15
Expansion
Xriver Technologies Information technology Chantilly
2
Expansion