Virginia-based Capital One Financial Corporation recently announced that it would expand its Virginia operations by more than 1,000 new positions in 2010 and 2011, with 700 of those positions located in Henrico County.  Capital One recently purchased two new commercial office buildings for its campus in the Innsbrook Office park in Henrico, where it plans to open a new call center and operations center in 2011. The new positions will support all segments of the Fortune 500 company’s business.

“Capital One’s decision to select Henrico County’s Innsbrook office park to grow its operations again is very welcome news,” said Henrico County Board of Supervisors Chairwoman Patricia S. O’Bannon.  “The company’s purchase and plans to refurbish two existing buildings is testament to Henrico County’s quality workforce, pro-business climate, and high quality of life, and we couldn’t be more pleased by Capital One’s continued faith in Henrico.”

The Virginia Economic Development Partnership worked with Henrico County and the Henrico Economic Development Authority to secure the project for Virginia, successfully competing against Florida and Texas. Virginia Governor Bob McDonnell approved a $300,000 grant from the Governor’s Opportunity Fund to assist with the project. 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. 

“Not only is Capital One Financial Corporation a nationally recognized name, in the Commonwealth it is a household name and our 11th largest private sector employer,” Virginia Gov. Bob McDonnell said.