Media Contact
Suzanne Clark
804.545.5600
sclark [at] vedp.org
May 17, 2022
RICHMOND, VA – Governor Glenn Youngkin today announced that Virongy Biosciences Inc., a developer of viral diagnostic technologies, anti-viral drugs, and therapeutic viral vectors, will invest $471,000 to expand in Prince William County.
April 13, 2022
RICHMOND, VA - Governor Glenn Youngkin today announced that Kingspan Insulation LLC, a division of the Kingspan Group, the global leader in advanced insulation and innovative building solutions, will invest $27 million to expand its operation…
April 11, 2022
RICHMOND, VA - Governor Glenn Youngkin today announced that Bode Technology, a Fairfax-based leading provider of forensic services, will invest $2 million to expand its DNA testing services lab in Fairfax County to support increased customer…
April 5, 2022
RICHMOND, VA – Governor Glenn Youngkin today announced that Embody, Inc., a Norfolk-based medical device company developing novel collagen-based technologies for soft tissue repair, will invest $5 million to expand its headquarters at…
March 30, 2022
RICHMOND, VA – Governor Glenn Youngkin today announced that Certified Origins, an Italy-based company focused on providing fresh and authentic extra virgin olive oil, will invest $25 million to establish its first U.S.
March 25, 2022
RICHMOND, VA – Governor Glenn Youngkin today announced that Hamilton Insurance Group, Ltd. (“Hamilton”), a Bermuda-headquartered provider of specialty insurance and reinsurance services, will invest at least $415,000 to establish the U.S.
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.
This issue of Virginia Economic Review explores the life sciences industry in Virginia.
This issue explores eight innovation-driven industries with transformative potential in the United States.
Following a competitive site selection search process and incentive negotiations, CMA CGM chose to retain its North American headquarters in Norfolk and expand in Virginia, announcing in February 2021 a $36 million investment and more than 400 new jobs, primarily in customer care and financial services. The company’s plans also included establishing the American hub of ZEBOX, a startup incubator and accelerator in Arlington County that assists innovative startups in developing new technologies for transportation, logistics, mobility, and industry 4.0.
Perrone benefits from its location in a state that embraces emerging technologies. Virginia’s R&D assets, top-ranked education system, varied geography for testing, and proximity to Washington, D.C. and major defense contractors set the foundation for success for companies in the unmanned systems industry. The Commonwealth’s history in this sector dates back to 1924, when Lt. John Ballentine and electrical engineer Carlo Mirick completed the world’s first unmanned radio-controlled flight at the U.S. Navy facility that would become the United States Naval Surface Warfare Center Dahlgren Division.
Suzanne Clark
804.545.5600
sclark [at] vedp.org