Recent News

Pharmaceutical Manufacturer Civica Inc. to Create 186 New Jobs in City of Petersburg

January 21, 2021

RICHMOND—Governor Ralph Northam today announced that pharmaceutical manufacturer Civica Inc. (Civica) will invest $124.5 million to establish its first in-house pharmaceutical manufacturing operation in the City of Petersburg.

Intertape Polymer Group to Create 50 New Jobs in Pittsylvania County

January 19, 2021

RICHMOND—Governor Ralph Northam today announced that Intertape Polymer Group Inc.

Laminate Technologies to Expand in Henry County, Creating 42 New Jobs

January 15, 2021

RICHMOND—Governor Ralph Northam today announced that Laminate Technologies Inc.

World’s Largest Flooring Manufacturer to Expand Operation in Carroll County

January 14, 2021

RICHMOND—Governor Ralph Northam today announced that Mohawk Industries, Inc. (NYSE:MHK), the leading global manufacturer of residential and commercial flooring products, will invest $22.5 million to expand its operation in Carroll County.

Ten Companies Selected to Participate in Virginia Leaders in Export Trade Program

January 13, 2021

RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 10 companies into its two-year Virginia Leaders in Export Trade (VALET) program.

DHL Supply Chain to Create 577 New Jobs in Stafford County

December 16, 2020

RICHMOND—Governor Ralph Northam today announced that DHL Supply Chain, a global leader in contract logistics, will invest $72 million to establish a state-of-the-art distribution operation for its Real Estate Solutions unit in Stafford County’…

Virginia Economic Review

Each issue of Virginia Economic Review will provide an insider look at Virginia’s economy, its diverse array of world-class companies, its amazing talent, and its stunning natural beauty, as well as insights from national thought leaders.

Virginia Economic Review cover Q4 2020

Fourth Quarter 2020

This issue highlights Virginia’s outstanding quality of life, including its natural beauty, four-season climate, and cultural and family amenities.

Virginia Economic Review cover Q3 2020

Third Quarter 2020

This issue highlights Virginia’s place at the forefront of the aerospace, aviation, and unmanned systems industries.

Case Studies

Microsoft

Microsoft Corporation’s Expanding Virginia Footprint

Nearly 20 years after the company’s first investment in the Commonwealth and with thriving operations in both Northern and Southern Virginia, Microsoft continues to evolve its technology to meet customer needs. As a publicly held corporation with revenues surpassing $125 billion and nearly 156,000 employees worldwide, Microsoft is actively answering the call for increased cloud services, requiring a new operation with strategic access to its customer base and a reliable pool of tech talent.

WillowTree Logo

WillowTree Expands Roots in Virginia

WillowTree’s footprint in Charlottesville is an intentional and strategic choice to locate in smaller and rural areas rather than urban tech centers. The company’s success is a true testament to small Virginia metros’ ability to attract and retain top-tier IT companies. WillowTree began exploring possible corporate headquarters sites that could consolidate its rapidly expanding Virginia team in one location

Media Contact

Suzanne Clark

804.545.5600

sclark [at] vedp.org