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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05.15.2026
Innovative Refrigeration Systems Expands with $19 Million Investment in Augusta County
Industrial Ammonia and CO₂ Refrigeration System Manufacturer to create 214 new jobs
04.14.2026
Virginia Poultry Growers Cooperative, Inc. Makes $100M+ Investment to Build Largest Feed Mill on East Coast
Virginia Poultry Growers Cooperative, Inc. will invest $113.9 million to expand operations in Rockingham County, creating 146 new jobs and new grower opportunities for the Commonwealth.
04.13.2026
Eli Lilly and Company Invests $5 Billion in Virginia
RICHMOND, VA — Eli Lilly and Company, a global leader in pharmaceutical innovation, is moving forward with plans for a $5 billion state-of-the-art manufacturing facility that will generate 650 high-wage jobs and 1,800 construction jobs at the West Creek Business Park in Goochland County.
Fukoku Korea to Establish Henry County Plant with $18+ Million Investment
Automotive Parts Manufacturer to create 60 new jobs in the Commonwealth
New River, Giles County
03.03.2026
Interstate Group Announces $9 Million Investment in Giles County
Trailer Manufacturer’s Expansion of Giles County Facility Will Create 46 New Jobs to Help Meet Growing Demand
10.20.2025
Merck to Establish $3 Billion Center of Excellence for Pharmaceutical Manufacturing in Rockingham County
U.S.-based pharmaceutical leader makes $3B investment, creating 500 jobs
10.09.2025
AstraZeneca Selects Albemarle County for $4.5 Billion Investment
AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County, creating 600 direct jobs and the company's largest single investment in a facility to date.
09.02.2025
Red River Foods Expands Henrico Headquarters to Offer New Products
Red River Foods, a fully integrated supplier of nuts, seeds, dried fruits, snacks, and grains ethically sourced worldwide, will invest $15.5 million to expand its Henrico County headquarters.
05.29.2025
Nightingale Expands Ice Cream Manufacturing Operation in Richmond
Nightingale Ice Cream Sandwiches, a Richmond-based, handcrafted, small batch ice cream company, is investing $5.8 million to expand, creating 166 new jobs in the City of Richmond.
Sumitomo Drive Technologies to Automate Warehouse and Distribution Center in Chesapeake
Sumitomo Drive Technologies, a global power transmission manufacturer, will invest $9.3 million to automate a warehouse and distribution center in the City of Chesapeake.
04.15.2025
Integer to Expand Medical Device Manufacturing Operations in Salem
Integer, a global medical contract developer and manufacturing organization, plans to make a significant investment over the next five years to expand its operations in the City of Salem.
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
09.09.2021
CAVA to Establish Production and Packaging Operation in Augusta County
CAVA, a Washington, D.C.-based fast-casual Mediterranean restaurant chain, will invest over $30 million to establish a new processing and packaging operation in Augusta County.
08.26.2021
Tyson Foods to Create More than 375 New Jobs in Danville-Pittsylvania County
Tyson Foods, Inc., one of the world’s largest food companies, will invest $300 million to establish a manufacturing facility in the City of Danville and Pittsylvania County.
07.19.2021
Specialty Snack Company to Expand in Henrico County, Creating 60 New Jobs
Red River Foods, Inc., a U.S. supplier of premium specialty snacks headquartered in Richmond, will establish a warehouse and processing facility for tree nuts, seeds, and dried fruits in Henrico County.
05.03.2021
Biotech Company Aditxt to Build State-of-the-Art Facility in Richmond and Create Over 300 New Jobs
RICHMOND—Governor Ralph Northam today announced that Aditxt (Aditx Therapeutics, Inc.) (Nasdaq: ADTX), a biotech innovation company focused on improving the health of the immune system, will establish its first high-capacity AditxtScore™ Center in the City of Richmond in the second half of 2021.
04.20.2021
State-of-the-Art Hydroponic Greenhouse in Virginia Beach to Create 155 New Jobs
RICHMOND—Governor Ralph Northam today announced that startup company Sunny Farms, LLC will invest $59.6 million to establish a state-of-the-art hydroponic greenhouse for production, workforce development, and research in the City of Virginia Beach.
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.