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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05.20.2025
Iridium Communications Expanding Headquarters in Fairfax County
Iridium Communications, a global satellite communications company, will invest over $13 million to support their growing workforce and business in Fairfax County.
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.
04.08.2025
Caf2Code Expands Harrisonburg Headquarters
Caf2Code, a software development and IT consultancy company, will invest $135,000 to expand its Harrisonburg operations, creating 20 new jobs.
08.05.2021
Robotics Software Startup to Expand in Norfolk, Creating 37 New Jobs
SVT Robotics, a Norfolk-based software company that accelerates the deployment of industrial robotics, will expand its operation in the City of Norfolk.
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.
09.23.2019
Block.one Announces 170 New Jobs in Arlington County
Company to invest $10 million, establish U.S. headquarters RICHMOND—Governor Ralph Northam today announced that Block.one, a leader in providing high-performance blockchain software, will invest $10 million and establish its U.S. headquarters in Arlington County.