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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Interstate 81, Shenandoah County
06.04.2026
Virginia Solar Panel Startup Invests $23M in Shenandoah County
Vertically integrated solar panel manufacturing company to create 150 new jobs
05.29.2026
Hyper Solutions Expands Operations With $2 Million Investment in Henrico County
Digital infrastructure company to create 56 new jobs for Virginians
05.22.2026
Innovative Defense Technologies Invests $19M to Expand Arlington Headquarters
Investment to create 210 jobs, doubling the company’s Virginia workforce
Fairfax County
05.04.2026
TurbineOne Relocates Headquarters to Fairfax County
AI-focused defense tech company to establish experience center in Chantilly
03.30.2026
Blue Sky Innovators Expands Virginia Footprint with $7 Million Investment
Defense technology company to create 175 new jobs at Reston office
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
Eaton Expands with Over $50 Million Investment in Henrico County
Manufacturer of critical power solutions expected to create 200 new jobs
Modine to Establish Heating Division Headquarters in Buena Vista
$19.6 million expansion will create 57 new jobs
11.05.2025
CEL Critical Power Opens First American Manufacturing Facility in James City County
CEL Critical Power, a global provider of critical power solutions, will invest $5.225 million to establish the company’s first American manufacturing facility in James City County, creating 260 new jobs.
09.16.2025
ABB Expands in Henrico County
Global technology leader in electrification and automation will invest $28.5 million, creating 100+ jobs
09.11.2025
Systems Planning & Analysis Expands Significantly in Northern Virginia
Investment includes an expansion of SPA's global headquarters in the City of Alexandria and its intelligence program office in Fairfax County
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
07.03.2025
Stratos Solutions Inc. Expanding Office Space in Fairfax County
Technical services company will invest $1.58 million, creating 28 jobs
06.27.2025
22nd Century Technologies Inc. Expands Headquarters in Fairfax County
IT services leader to invest $1 million, creating 880 new jobs in Fairfax County and offices across Virginia
06.26.2025
Becker Global America Upgrading Management Information Systems in Washington County
Electrical equipment company to invest $100,000 and retrain 68 employees.
06.17.2025
Medallia Launches New Corporate Office in Fairfax
Governor Glenn Youngkin announced that Medallia will invest $2 million to expand operations within current office space in Tysons Tower, creating 100 new jobs.
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.
06.10.2025
Technomics to Further Expand Operations in Arlington County
Technomics, Inc., a firm specializing in data- and analytics-driven decision support services, will invest $5.3 million to expand operations in Arlington, creating 248 new jobs.