ASGN Incorporated Relocates Corporate Headquarters to Henrico, Virginia
The company will invest $5 million in its new headquarters facility, located at 4400 Cox Road in Henrico, Virginia, creating 121 jobs. ASGN will also invest $7.4 million to expand its operations in Virginia, adding 147 new jobs in the City of Virginia Beach, 74 new jobs in the City of Roanoke, and 358 additional jobs in other communities in the Commonwealth. Virginia successfully competed with Massachusetts for these investments.
“With our two largest divisions based in the Commonwealth, it just made sense to have our headquarters in Henrico County,” said Ted Hanson, CEO and President of ASGN Incorporated. “This move allows us to remain close to our key customers and brands. Virginia’s strong pipeline of information technology talent for both the commercial and government sectors make it an ideal place for us to have our headquarters and continue to grow.”
Virginia Economic Development Partnership worked with Henrico County, the City of Virginia Beach, the City of Roanoke, the Hampton Roads Alliance, and the Roanoke Regional Partnership to secure the projects for Virginia. As an incentive, Governor Northam approved a total of $900,000 from the Commonwealth’s Opportunity Fund (COF) to support the projects, including a $400,000 COF grant to assist Henrico County, a $350,000 COF grant for the City of Virginia Beach, and a $150,000 COF grant for the City of Roanoke. ASGN is eligible to receive state benefits from the Virginia Enterprise Zone Program, administered by the Virginia Department of Housing and Community Development, and funding and services to support ASGN’s employee training activities will be provided through the Virginia Jobs Investment Program.
“The creation of 700 new jobs is critical as we work to rebuild and strengthen our economy from the impacts of COVID-19,” said Governor Ralph Northam. “These projects are evidence that our business climate, infrastructure, and talent pipeline are strong and that Virginia is still the best state for business. We are thrilled that ASGN has decided to both relocate and grow its operations here and we thank the company for its commitment to supporting our communities, especially during these challenging times.”
“I think it’s safe to say that we value ASGN’s creation of 700 new, well-paid jobs in Virginia now more than ever,” said Secretary of Commerce and Trade Brian Ball. “The Commonwealth is proud to be at the forefront of technology and innovation, and the company’s headquarters move and expansions across Virginia will further our role as a leader in this 21st-century sector while providing a critical economic boost.”
“The Roanoke Economic Development Authority is delighted to partner with ASGN Inc. on this significant expansion project in Virginia,” said Roanoke Economic Development Chair Braxton Naff. “We recognize this expansion project, which will bring these 74 new jobs into downtown, will have a substantial economic impact on Roanoke’s downtown core.”
The company helps clients develop, implement, and operate critical IT and business solutions through its integrated offering of professional staffing and IT solutions.
Why are Foreign Trade Zones Making a Comeback?
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Infrastructure Investment as an Economic Stimulus Tool
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
Nondisclosure Agreements Best Practices When Negotiating Incentives