Carfax to expand its headquarters and to add 120 new jobs in Fairfax and Loudoun

Governor Terry McAuliffe announced Dec. 1 that Carfax®, the leading provider of vehicle history information for buyers, sellers, and owners of pre-owned cars in the United States, will invest $5 million to expand its headquarters in Fairfax County, creating 120 new jobs. The company will also invest $10.8 million to upgrade its data center operation in Loudoun County.

Speaking about today’s announcement, Governor McAuliffe said, “I am thrilled to announce that another Virginia-headquartered company is expanding its footprint in the Commonwealth.  Virginia is a world-class center for emerging internet technology, software development, fiber optics and advanced communications companies, and helping businesses in these sectors grow and create jobs is a large part of our efforts to build a new Virginia economy.  We are proud to boast Carfax on our corporate roster, and look forward to continuing this great partnership.”

“Carfax’s significant expansion is great news for Fairfax and Loudoun Counties and the data center industry in the Commonwealth,” said Secretary of Commerce and Trade Maurice Jones. “This is another example of an existing business that has benefitted from Virginia’s outstanding corporate climate, education system, well-trained workforce and quality of life, and it has chosen to expand its operations.”

Also, according to the news release, Carfax, a unit of IHS Inc. (NYSE: IHS), provides “trusted information that helps millions of people shop, buy, own and sell used cars with more confidence.” 

Carfax created the Vehicle History Report in 1986 and continues to develop innovative services – such as Carfax Used Car Listings and myCarfax – that help consumers, dealers, insurers, law enforcement, and the automotive industry.

The company maintains a database comprising over 15 billion vehicle history records from more than 92,000 sources worldwide and handles more than 2.7 million requests for vehicle history information every day.