Merit Medical Systems to Expand Operations in Chesterfield

Governor McDonnell Announces 75 New Jobs in Chesterfield County

Governor Bob McDonnell announced today that Merit Medical Systems, Inc., a leading manufacturer and marketer of proprietary disposable medical devices, will invest $1 million to expand its operations in Chesterfield County. The project will create 75 new jobs.

“Merit Medical Systems has become a nationally recognized name since its founding nearly 25 years ago,” said Governor McDonnell. “The company has found success in Chesterfield County since 2004. Despite today’s challenging economic times, Merit Medical continues to serve market demand, which allows the company to grow. I am pleased that this expansion will bring 75 new jobs that perform a vital service for the healthcare industry.”

“As Merit Medical System’s sole Virginia operation, Chesterfield County provides the company with great access to its east coast market,” said Jim Cheng, Virginia Secretary of Commerce and Trade. “In addition to a strong local workforce, the company benefits from its strategic location.”

Founded in 1987, Merit Medical Systems, Inc., is engaged in the development, manufacture and distribution of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and gastroenterology. Merit serves client hospitals worldwide with a domestic and international sales force totaling approximately 125 individuals. Merit employs approximately 2,170 people worldwide, with facilities in Salt Lake City and South Jordan, Utah; Angleton, Texas; Richmond, Virginia; Maastricht and Venlo, The Netherlands; Paris, France; Galway, Ireland; Beijing, China; Copenhagen, Denmark; and Rockland, Massachusetts.

“We are excited to expand our operations in Chesterfield County, where we have found highly-skilled employees and great access to the East Coast,” said Fred P. Lampropoulos, Merit’s Chairman and Chief Executive Officer. “Our business there is thriving even in these uncertain economic times.”

The Virginia Economic Development Partnership worked with Chesterfield County and the Greater Richmond Partnership to secure the project for Virginia. Through its Virginia Jobs Investment Program, the Virginia Department of Business Assistance (VDBA) will provide funding and services to support the company's recruitment and training activities.

“We are so pleased when one of our existing businesses expands”, said Dan Gecker, Chairman of the Chesterfield County Board of Supervisors. “It demonstrates that they have found Chesterfield County to be a profitable business environment, and it certainly gives us a keen appreciation for their continued growth. We congratulate Merit Medical on their success and thank them for their investment and job creation.”

Video Slideshow of Meadowville Interchange Groundbreaking

NBC 12 Covers Meadowville Interchange Groundbreaking

Ben Garbarek of NBC 12 covers the groundbreaking ceremony with a news segment.



View the video or read the story on the NBC12.com web site.

Chesterfield Breaks Ground for $17M Meadowville Interchange

The Virginia Department of Transportation and Chesterfield County, assisted by Congressman J. Randy Forbes, Curtis Contracting, Inc. and the Chesterfield County business community, conducted a groundbreaking ceremony today to commemorate the start of work on the Meadowville Road interchange that will link Interstate 295 to the Meadowville Technology Park.

The project is the result of a successful partnership between the Federal, State, Local governments and the Chesterfield business community, resulting in the funding for this $17 million project. As supported by the business community a portion of the business license tax collection will be used to pay part of the County funding of the project. The project is projected to create 1,100 jobs during construction.

The interchange will serve the 1,300 acre Meadowville Technology Park one of the premiere economic development sites in the state. The property is marketed to business prospects around the world.

VDOT is managing the project and construction will be completed next fall.

Generating new jobs key to county’s economic recovery

By Will Davis
DIRECTOR, CHESTERFIELD ECONOMIC DEVELOPMENT

This year (2010) has been a challenging but very exciting time for the Chesterfield Economic Development Department. In a recovering economy, our team has worked hard to capture a wide variety of new business projects. These projects will generate jobs and investment in our community that will help improve the business climate for everyone.

We were delighted that DuPont announced it will build its new $20 million manufacturing facility for Energain Separators right here in Chesterfield. These nanofiber-based separators will help generate more power and longer battery life for hybrid and electric vehicles. This project is a perfect example of a “green” industry, which is an important component of our advanced manufacturing target-marketing program.

DuPont could have chosen to build this new operation in any number of other localities. Due to the nature of the operation, competition among communities to land the project was fierce. But DuPont picked Chesterfield because of the tremendous local work force and the success it has achieved at its other Chesterfield operations.

Austin Brockenbrough & Associates also recently expanded into new offices at the Boulders. This expansion resulted in a $700,000 investment and the creation of 11 new jobs. The Brockenbrough office is the first “green” certified interior design in the Greater Richmond region and the only private sector interior design project in Chesterfield County to earn the Leadership in Energy and Environmental Design for Commercial Interiors (LEED CI) certification. This investment reflects Brockenbrough’s commitment to environmental stewardship and sustainability.

However, recruiting new business and assisting existing businesses is not enough. The biggest job creators in the county are small businesses. So we are making it easier for entrepreneurs to start and grow new businesses in Chesterfield.

In September, Chesterfield Economic Development and the Chesterfield County Public Library partnered to launch the new small business initiative, “My Business Starts Here.” Local business operators now have an easier, more comprehensive way to get the information and support they need when starting or sustaining a small business. A new web portal, www.MyBusinessStartsHere.com, helps potential entrepreneurs and existing small businesses navigate the abundant resources available. Users can be guided, step-by-step, through the process of starting a business, zero in on industry specific requirements, ask specific questions about doing business in the county, get guidance about regulations or county processes or identify potential sources of capital.

The Chesterfield County Public Library’s new Small Business Resource Center is designed with the small-business operator’s needs in mind. The center can be used as a second office, a meeting place, a staff- training facility or a research lab. Desktops, laptops, current books and magazines and a variety of small-business tools are available – guided, step-by-step, through the process of starting a business, zero in on industry specific requirements, ask specific questions about doing business in the county, get guidance about regulations or county processes or identify potential sources of capital.

The Chesterfield County Public Library’s new Small Business Resource Center is designed with the small-business operator’s needs in mind. The center can be used as a second office, a meeting place, a staff- training facility or a research lab. Desktops, laptops, current books and magazines and a variety of small-business tools are available – all free of charge. Users can also receive one- on-one assistance from professional librarians or economic development staff. The first Small Business Resource Center opened within the Meadowdale Library branch but future plans include additional centers in other libraries and locations throughout Chesterfield County.

We are beginning to see hopeful signs of recovery in our local economy. With the expansion and growth of our existing businesses and an easier path to starting a business, business really does start and grow in Chesterfield County!

This article originally appeared in www.chesterfieldobserver.com .