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Press Releases

Press Releases

Third-Party Logistics Provider FreezPak Logistics to Establish New Operation in Virginia

FreezPak Logistics, LLC, a leading provider of full-service cold and dry storage services, is investing $77.5 million to construct a 245,000-square-foot cold storage facility in the City of Suffolk, creating 80 new jobs.

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Critical Minerals Producer Atlantic Strategic Minerals to Reactivate Operations in Virginia

Atlantic Strategic Minerals, an emerging critical minerals producer headquartered in Petersburg, Va., will invest over $50 million to restore and reopen its existing Virginia-based mining and mineral processing operations.

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Thermal Management Solutions Leader Modine to Expand in Virginia

Modine, a diversified global leader in innovative thermal management solutions, will invest $18.1 million to expand its Rockbridge County operation and create 211 new jobs.

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Quarterly Magazine

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.

VEDP Q4 2023 Cover

Fourth Quarter 2023

This issue details Virginia’s extensive history serving energy-intensive industries and the Commonwealth’s efforts to transform its energy production to meet the needs of the industries of the future.

VER Q3 2023 Cover Imagery

Third Quarter 2023

This issue features a deep dive into the emerging industry of quantum computing, a field with the potential to unlock innovations for companies across a wide swath of industries.