New book by Larry Connors Click here Improve your trading - See how
The governor announced that SAIC will invest $25 million and create 1,200 new jobs in Virginia over the next three years, with many of those jobs being created in northern Virginia.
SAIC becomes the seventh Fortune 500 company based in the county. It is the third large corporation to relocate headquarters to Fairfax County from California within the last two years, following CSC and Hilton Hotels Corp. In addition, Volkswagen Group of America Inc. relocated its corporate headquarters to Fairfax County in 2008 from Michigan.
SAIC already is one of Fairfax County's five largest employers with more than 6,000 employees, and it has about 17,500 employees in the Washington area. The SAIC headquarters will be at 1710 SAIC Drive in McLean (Tysons Corner), where the company has had a significant presence for 30 years.
"Having the headquarters of a major corporation locate in your community is always big news. Having a world-class, highly respected company such as SAIC select your community as its home is a landmark event," said Gerald L. Gordon, PhD., president and CEO of the Fairfax County Economic Development Authority. "Our economy, our community and our collective quality of life just got much stronger."
"As one of the premier centers of technology in the United States, Fairfax County is an excellent business location for our corporate headquarters," said Walt Havenstein, SAIC chief executive officer. "We commend Jerry Gordon and his team at the Economic Development Authority for creating an environment that is very supportive of business."
The FCEDA worked with the Virginia Economic Development Partnership on the project.
Time magazine called Fairfax County, outside Washington, D.C., "one of the great economic success stories of our time." Business growth helps Fairfax County fund public services such as a top-ranked public school system that improve the quality of life. Fairfax County offers a well-educated workforce, diverse real estate opportunities, access to global markets through Washington Dulles International Airport, and a business community based on technology and professional services.
The Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. The FCEDA offers site location and business development assistance and links with government agencies to help companies locate and expand in Fairfax County. The FCEDA maintains marketing offices in Bangalore, Frankfurt, London, Seoul and Tel Aviv.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
