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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Defense Maritime Solutions Expands in Chesapeake with $30M+ Investment
Defense Maritime Solutions (DMS) will invest more than $30 million to expand its operations in Chesapeake, creating 32 new jobs in the Commonwealth.
05.27.2026
New Jabil Manufacturing Facility to Create 350+ Jobs in Prince George County
Facility will manufacture complex electrical power distribution equipment
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
04.13.2026
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.
Danville
Infinity Global Expands Danville Operations with $34 Million Investment
Project to create 150 new jobs at luxury packaging solutions headquarters
Eaton Expands with Over $50 Million Investment in Henrico County
Manufacturer of critical power solutions expected to create 200 new jobs
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
Modine to Establish Heating Division Headquarters in Buena Vista
$19.6 million expansion will create 57 new jobs
11.13.2025
Ashworth Bros., Inc. Investing $1.9 Million to Expand Operations in Winchester
Conveyor belt manufacturer to retrain 31 employees with support from the Virginia Economic Development Partnership
10.21.2025
VFP, Inc. Expands in Scott County
VFP, Inc., a producer of custom-designed enclosures used to protect critical infrastructure, will invest $35 million to expand its operations in Scott County, creating 200 new jobs.
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.
09.30.2025
Dover Food Retail Expanding Manufacturing Campus
Investment to bring over 300 jobs to Chesterfield County
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.
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.
03.25.2025
Munters to Expand Manufacturing Facility in Botetourt County
Munters Corporation will invest $29.95 million to build a 200,000-square-foot expansion to its HVAC manufacturing facility in Botetourt County, creating 270 new jobs.
08.06.2021
Composite Manufacturer to Expand in Frederick County, Creating 84 New Jobs
Evolve Services, Inc., a producer of composite productions and reproductions, will expand its operation in Frederick County.