FAIRFAX COUNTY, Va., Aug 13, 2008 (BUSINESS WIRE) --
During the second quarter of 2008, the Fairfax County Economic Development Authority (FCEDA) provided services and resources to 23 businesses that will create 826 jobs in Fairfax County. Combined with totals from the first quarter, the FCEDA has worked this year with nearly 40 companies that will add almost 1,100 jobs to what is one of the country's most vibrant economies.
According to the latest five-year review of the region's economy by the Metropolitan Washington Council of Governments, Fairfax County led the region in labor force growth with a gain of 51,959 jobs and led the region in 2007 in new commercial development, with nearly 6.6 million square feet of projects.
Most of the companies that worked with the FCEDA in the second quarter are American and foreign-owned firms in the information technology and professional services sectors. Among the businesses that said they will add jobs in Fairfax County:
"Much of the interest in Fairfax County at the moment is from foreign-owned businesses. This is, in part, due to the value of the dollar, but also to the realization that there are enormous business opportunities in this region," said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority. Gordon continued, "If you wish to be in this region, Fairfax County is the premiere location."
"MBO Partners provides a complete infrastructure for talented independent consultants to run their businesses, and Fairfax County is an ideal location for our headquarters, considering the access to high-end talent and proximity to major clients," remarked Gene Zaino, President & CEO of MBO Partners.
Time magazine called Fairfax County, just outside Washington, D.C., "one of the great economic success stories of our time." Fairfax County offers a well-educated workforce, diverse real estate opportunities 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 a range of services to help companies locate and expand in Fairfax County. The FCEDA maintains marketing offices in San Francisco, Bangalore, Frankfurt, London, Seoul and Tel Aviv.
Visit http://www.fairfaxcountyeda.org/08releases/aug12-08.htm for a list of companies that worked with the FCEDA in April, May and June 2008 and are creating jobs in Fairfax County.
SOURCE: Fairfax County Economic Development Authority (FCEDA)
Fairfax County Economic Development Authority (FCEDA)
Ellen S. Acconcia, 703-790-0600