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The company’s plan, which was announced last year by the governor’s office and packaged with financial incentives, was to relocate from Texas and bring 155 jobs to Richmond.
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Its skilled workforce, a business-friendly environment, great universities and standard of living earned Virginia Best Business Climate.
Harper Associates had previously planned a second phase with townhomes or a mix of apartments and single-family homes.
Vytal Studios will invest $6.8 million to relocate its corporate headquarters from Austin to the City of Richmond.