Capital One Financial has announced that it will invest more than US$150 million to establish a data centre in Chesterfield County and create at least 50 jobs in the process.

The data centre will be in Meadowville Technology Park in eastern Chesterfield and will take about 18 to 24 months to build and bring online, company spokeswoman Julie Rakes said. The jobs will be IT data centre management and facilities support.

Source: Times Dispatch