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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07.22.2026
Hepburn and Sons Announces $18+ Million Expansion in Prince William County
Virginia-Based Firm to Create 80 New Jobs in the Commonwealth
06.30.2026
Rural King Invests $40M in Henry County
Distribution center to create 150 new jobs for Virginians
06.02.2026
Spatial Front Relocates Headquarters, Creating 450 New Jobs
IT Services Firm will invest $6M in National Landing
05.22.2026
Innovative Defense Technologies Invests $19M to Expand Arlington Headquarters
Investment to create 210 jobs, doubling the company’s Virginia workforce
04.13.2026
Eli Lilly and Company Invests $5 Billion in Virginia
RICHMOND, VA — Eli Lilly and Company, a global leader in pharmaceutical innovation, is moving forward with plans for a $5 billion state-of-the-art manufacturing facility that will generate 650 high-wage jobs and 1,800 construction jobs at the West Creek Business Park in Goochland County.
03.30.2026
Blue Sky Innovators Expands Virginia Footprint with $7 Million Investment
Defense technology company to create 175 new jobs at Reston office
03.04.2026
Richmond National Group Expansion to Create 75 New Jobs
Specialty insurance provider continues expansion with $1.75 million investment
02.17.2026
Defense Technology Firm GRVTY Invests $8 Million to Expand Northern Virginia Operations
Expansion Will Create 200 New Jobs in Virginia
11.13.2025
Modine to Establish Heating Division Headquarters in Buena Vista
$19.6 million expansion will create 57 new jobs
11.13.2025
Ashworth Bros., Inc. Investing $1.9 Million to Expand Operations in Winchester
Conveyor belt manufacturer to retrain 31 employees with support from the Virginia Economic Development Partnership
10.30.2025
Anchor Innovation Expands Operations in Virginia Beach
Investment set to expand the company’s capacity for both military, industrial, and recreational customers
10.21.2025
VFP, Inc. Expands in Scott County
VFP, Inc., a producer of custom-designed enclosures used to protect critical infrastructure, will invest $35 million to expand its operations in Scott County, creating 200 new jobs.
10.09.2025
AstraZeneca Selects Albemarle County for $4.5 Billion Investment
AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County, creating 600 direct jobs and the company's largest single investment in a facility to date.
09.11.2025
Systems Planning & Analysis Expands Significantly in Northern Virginia
Investment includes an expansion of SPA's global headquarters in the City of Alexandria and its intelligence program office in Fairfax County
08.13.2025
MerryGoRound, Inc to Establish Fulfillment and Logistics Center in Pittsylvania County
E-commerce fulfillment company will invest $10 million and create 203 new jobs
07.10.2025
ORBCOMM Inc. Establishes Global Headquarters in Northern Virginia
Industrial IoT solutions leader will invest in significant new job creation and office space expansion
04.17.2025
Delta Star Inc. Expands Lynchburg Manufacturing Facility
Delta Star Inc., a manufacturer of power transformers and mobile substations for the electrical grid, will invest $35 million to expand their Lynchburg operations, creating 300 new jobs.