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DigitalDominion.biz
March 26, 2002
FOR IMMEDIATE RELEASE
Alan Fogg
Director of Communications
afogg@fceda.org, 703-790-0600
Fairfax County companies create 1,796 jobs in January and February, FCEDA says
BAE Systems brings in 1,000 jobs; firms from Korea, Israel, India and Canada also locate here
Fairfax County, Virginia -- Nearly 1,800 jobs -- most in information technology fields -- were or will be added to the Fairfax County economy by 23 companies that worked with the Fairfax County Economic Development Authority in January and February, according to the FCEDA.
Defense contractor BAE SYSTEMS North America announced in January that it would add 1,000 jobs. Other companies creating jobs include defense contractors, and a real estate company that uses global positioning system technology to help customers find homes for sale, four Korea-based companies and one each from Israel, India and Canada, and two law firms.
Typically, every new job in the primary economy spins off about two to three jobs in the secondary economy. Business growth in Fairfax County has helped fund one of the nation’s top-rated public school systems and excellent public services. Technology-sector jobs also typically pay higher-than-average salaries. That is why Fairfax County had the nation’s highest median household income in 2001, according to the Claritas market research firm.
Fairfax County offers a state-of-the-art telecommunications infrastructure, access to domestic and international markets through Washington Dulles International Airport, a well-educated workforce and an excellent quality of life.
"The employee base in Fairfax County is ideal and its central location provides access to a tremendous talent pool from around the area,"said Don Brewster, president of Innovative Technology Applications Inc., which develops training software used by the Defense Department.
"Fairfax is a growing county, which makes it a good real estate market, and its educated and progressive population make it more likely to support our unique approach to real estate,"said Mike Gorman, president and CEO of Corus Home Realty. Gorman is a former America Online executive whose company is pioneering the use of GPS technology for real estate sales.
"The diversified Fairfax County economic base has given it significant stability," said Gerald L. Gordon, president and CEO of the FCEDA. "As growth in one sector slowed, other sectors have grown. This means recessions here start later, hurt less and end sooner."
The Fairfax County Economic Development Authority (www.FairfaxCountyEDA.org) assists businesses by identifying possible sites and facilities, and is a source for up-to-date demographic and economic statistics. The FCEDA also has marketing representatives in London, Frankfurt and Tokyo.
Relocations and expansions in January and February include:
Company
Location
New Jobs
Type
Data Evolution Corporation (Canada)
www.dataevolution.com
McLean
8
New to county
Proteologics (Israel)
www.proteologics.com
Herndon
4
New to county
Ableclick.com (Korea)
www.ableclick.com
Vienna
1
Expansion
Korea Venture Center (Korea)
www.kvc-usa.com
Vienna
1
Expansion
Network Korea (Korea)
www.netkorea4u.com
McLean
4
New to county
Korea Telecom (Korea)
www.koreatelecom.com
McLean
4
New to county
Induslogic (SynapsesSoft) (India)
www.induslogic.com
Vienna
6
New to county
Corus Home Realty
www.corushome.com
McLean
30
Expansion
Intelitarget.com, Inc.
www.intelitarget.com
Chantilly
60
Expansion
Vfirm
www.vfirm.com
Reston
25
Expansion
Innovative Technology Applications, Inc.
www.itapages.com
Springfield
260
Expansion
Immix Group
www.immixgroup.com
McLean
15
Expansion
Viewset
www.viewset.com
Herndon
3
New to county
BAE Systems (England)
www.baesystems.com
Reston
1,000
Expansion
Indus Corporation
www.induscorp.com
Vienna
25
Expansion
MVM
www.mvminc.com
McLean
50
Expansion
Digital Sandbox
www.digitalsandbox.com
Reston
30
Expansion
Washington Capital Ventures
Reston
5
New to county
Daston Corporation
www.daston.com
McLean
130
Expansion
Grotech Capital Group
www.grotech.com
McLean
3
Expansion
Hoffman, Fitzgerald & Snyder
www.hfscpa.com
McLean
10
Expansion
Venable, Baetjer and Howard, LLP
www.venable.com
Vienna
55
Expansion
Sonic Telecom
www.sonictelecom.com
Chantilly
67
Expansion
# # #
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