Recent News

Plastic Company to Expand in Rockingham County, Creating 92 New Jobs

September 23, 2021

RICHMOND—Governor Ralph Northam today announced that Virginia Industrial Plastics, Inc., a plastic thermoforming and fabrication company, plans to invest more than $6.5 million to expand its manufacturing facility in Rockingham County.

Service Center Metals to Invest $101.7 Million in Prince George County, Creating 94 New Jobs

September 14, 2021

RICHMOND—Governor Ralph Northam today announced that Service Center Metals, a manufacturer of aluminum extrusions, will invest more than $100 million to expand in Prince George County.

EarthLink to Create 285 New Jobs in Norton

September 14, 2021

RICHMOND—Governor Ralph Northam today announced that EarthLink, a leading high-speed internet service provider, will invest $5.4 million to establish a major customer support center in Norton.

Aerospace Company to Expand in Newport News, Create 211 New Jobs

September 14, 2021

NEWPORT NEWS—Governor Ralph Northam today announced that Aery Aviation, LLC, a full-service commercial and government services provider to the aerospace industry, will invest $15.3 million to expand its global headquarters in Newport News.

CAVA to Establish Production and Packaging Operation in Augusta County

September 9, 2021

RICHMOND—Governor Ralph Northam today announced that CAVA, a Washington, D.C.-based fast-casual Mediterranean restaurant chain, will invest over $30 million to establish a new processing and packaging operation in Augusta County.

Digital Marketing Company to Relocate Headquarters to City of Danville

September 9, 2021

RICHMOND—Governor Ralph Northam announced that Kegerreis Digital Marketing, an integrated marketing and analytics company, will invest $1.7 million to relocate its headquarters from Pennsylvania to the City of Danville.

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 Q3 2021

Third Quarter 2021

This issue details the cybersecurity industry, including Virginia’s leading position in cybersecurity talent development and the industry in general.

Virginia Economic Review: Second Quarter 2021 Cover

Second Quarter 2021

This issue explores the economic value that international trade brings to companies and consumers and details Virginia’s plan to boost exports by 50% over the next 10–15 years.

Case Studies

MackTruck Logo

Mack Trucks Rolls into the Roanoke Valley

In January 2020, Mack Trucks announced a $13 million investment to establish its new medium-duty truck manufacturing operation in Roanoke County, just 45 miles from sister company Volvo Trucks, creating 250 jobs. As the first prototype-to-production automotive facility announced in Virginia, the new Mack MD Series truck is designed, engineered, and manufactured start to finish at the company’s Roanoke County location.

GSK Logo

GSK Expands Consumer Healthcare Research and Development in Virginia

Company leadership began an evaluation of all consumer healthcare R&D facilities with a vision to build leading research and development capabilities into the future. The global R&D headquarters in the City of Richmond quickly stood out as a contender for an expansion.

Media Contact

Suzanne Clark

804.545.5600

sclark [at] vedp.org