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
Radian Forge Expands with $10.5 Million Investment in Portsmouth
Expansion Will Create 53 Jobs to Meet U.S. Navy Production Needs
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
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
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
07.15.2021
Xaloy to Return to Virginia, Reopen Pulaski Manufacturing Facility
Xaloy, a leading manufacturer of plastic processing components for injection and extrusion machinery, will move its barrel manufacturing operation from Ohio back to Virginia and reopen its former facility in Pulaski County.
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.