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
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
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
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
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
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
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
09.09.2025
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
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
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