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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Interstate 81, Shenandoah County
06.04.2026
Virginia Solar Panel Startup Invests $23M in Shenandoah County
Vertically integrated solar panel manufacturing company to create 150 new jobs
04.14.2026
Virginia Poultry Growers Cooperative, Inc. Makes $100M+ Investment to Build Largest Feed Mill on East Coast
Virginia Poultry Growers Cooperative, Inc. will invest $113.9 million to expand operations in Rockingham County, creating 146 new jobs and new grower opportunities for the Commonwealth.
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.
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.
09.04.2025
Hitachi Energy Brings Historic Investment to South Boston
$457 million to go into large power transformer production facility in South Boston, Virginia, creating 825 new jobs as part of the company’s broader $1 billion investment in U.S. expansion
09.02.2025
Red River Foods Expands Henrico Headquarters to Offer New Products
Red River Foods, a fully integrated supplier of nuts, seeds, dried fruits, snacks, and grains ethically sourced worldwide, will invest $15.5 million to expand its Henrico County headquarters.
05.29.2025
Nightingale Expands Ice Cream Manufacturing Operation in Richmond
Nightingale Ice Cream Sandwiches, a Richmond-based, handcrafted, small batch ice cream company, is investing $5.8 million to expand, creating 166 new jobs in the City of Richmond.