NEWS RELEASES
Breaking ground, making headlines
Stay up to date on the latest announcements, milestones, and economic development news from across Virginia. Explore press releases highlighting the partnerships, investments, and stories driving growth throughout the Commonwealth
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09.04.2025
Hitachi Energy Brings Historic Investment to South Boston
$457 million to go into large power transformer production facility in South Boston, Virginia, creating 825 new jobs as part of the company’s broader $1 billion investment in U.S. expansion
07.18.2025
WB Alloys Establishes First U.S. Production Facility in Danville
UK-based wire alloy manufacturer will invest $6.6 million and create 30 new jobs
07.15.2025
Aerial Invests in New Technology Center in Patrick County
Department of Defense emergency breathing systems supplier to invest $781,000 and upskill five employees.
06.26.2025
Becker Global America Upgrading Management Information Systems in Washington County
Electrical equipment company to invest $100,000 and retrain 68 employees.
06.13.2025
Acoustical Sheetmetal Company Expanding in Virginia Beach for the Third Time
Acoustical Sheetmetal Company, a manufacturer of highly engineered steel and aluminum enclosures for the power generation industry, will invest $45.8 million to expand in Virginia Beach and create 350 new jobs.
04.25.2025
Hitachi Energy Expands Footprint in Southwest Virginia
Hitachi Energy, a global technology leader, is investing $22.5 million to expand its current facility in Bland, Virginia and add a warehouse facility in Atkins, Virginia to meet increased demand, creating 120 new jobs.
04.17.2025
Delta Star Inc. Expands Lynchburg Manufacturing Facility
Delta Star Inc., a manufacturer of power transformers and mobile substations for the electrical grid, will invest $35 million to expand their Lynchburg operations, creating 300 new jobs.
Luna Labs to Expand Research and Development Operations in Charlottesville
Governor Glenn Youngkin announced that Luna Labs USA, LLC, a product development company accelerating breakthrough solutions to multiple industries, will invest $200,000 to expand its operations in the City of Charlottesville
09.14.2021
Aerospace Company to Expand in Newport News, Create 211 New Jobs
Aery Aviation, LLC, a full-service commercial and government services provider to the aerospace industry, will invest $15.3 million to expand its global headquarters in Newport News.
08.27.2021
Maritime Support Services Company to Expand in the City of Chesapeake, Adding 166 New Jobs
Prism Maritime LLC, a full-service provider of maritime support services to the U.S. government, will invest $4 million to expand in the City of Chesapeake.
Textile-Based Engineering Firm to Expand in Staunton, Adding 31 New Jobs
RICHMOND—Governor Ralph Northam today announced that Ryzing Technologies, LLC, a designer and manufacturer of textile-based engineering solutions, will invest $149,000 to expand capabilities at its facility in the City of Staunton. The company serves the U.S.
Heavy Metal Manufacturer to Expand in Tazewell County, Creating 40 New Jobs
RICHMOND—Governor Ralph Northam today announced that Lawrence Brothers, Inc., an industry leader in battery tray fabrication and manufacturing of motive power trays, ground support systems, and transformer components, will invest $3.2 million to expand its operation in Tazewell County.
Eaton to Expand in Henrico County, Creating 80 New Jobs
RICHMOND—Governor Ralph Northam today announced that power management company Eaton will invest $3.6 million to move production from California to its facility at 4200 Oakley Court in Henrico County.