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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08.05.2026
Virginia Steel Expands in Bland County
Structural steel manufacturer’s $3.6M investment will more than triple workforce
Fukoku Korea to Establish Henry County Plant with $18+ Million Investment
Automotive Parts Manufacturer to create 60 new jobs in the Commonwealth
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
Radian Forge Expands with $10.5 Million Investment in Portsmouth
Expansion Will Create 53 Jobs to Meet U.S. Navy Production Needs
Danville
Infinity Global Expands Danville Operations with $34 Million Investment
Project to create 150 new jobs at luxury packaging solutions headquarters
01.13.2026
Solstice Advanced Materials Invests $220+ Million in Chesterfield Facility
Investment to create 100 new jobs at ballistic fiber production plant
LS Cable & System USA Announces $689 Million Investment in Chesapeake
Project is expected to be the largest capital investment in the history of the Hampton Roads region
12.04.2025
Cornerstone Building Brands Expands Manufacturing Campus in Rocky Mount
The $4.9M investment will create 50 jobs to support the production of Ply Gem® brand windows and doors
11.25.2025
Polyzent Launches First Manufacturing Facility in Lynchburg
Plastic stretch film manufacturer to create 20 new jobs in the Commonwealth
09.09.2025
First-of-its-Kind American Tin Production Facility Coming to Henry County
Nathan Trotter to invest approximately $65 million in Henry County, creating an estimated 118 jobs and strengthening domestic production of metals critical to national defense
Cailabs Relocates U.S. Headquarters to Arlington County
French photonics company will invest $300,000, creating 16 new jobs in the Commonwealth
07.01.2025
Gaithersburg Cabinetry & Millwork Expands Production Line in Fauquier County
Architectural millwork manufacturer will invest $320,000 and retrain 10 employees
06.30.2025
White Rock Truss & Components, LLC Expanding in Lee County
Construction product manufacturer will invest $1.5 million and 27 jobs.
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.
05.13.2025
QualiChem, Inc. Expanding Manufacturing Facility in the City of Salem
QualiChem, Inc., a leading producer of metalworking fluids used for production and fabrication of metal components, will invest $9 million to expand their operations in the City of Salem.
05.13.2025
Plastic Recycling Startup Launches in Pittsylvania
Green Recycle USA LLC, a start-up company that will process and recycle industrial plastic waste, is investing $4.3 million to launch in an existing warehouse in Pittsylvania County.
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