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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09.18.2023
International Yeast Products Manufacturer Leiber to Establish First U.S. Operation in Virginia
Leiber to invest up to $20 million in Rockingham County facility, creating 35 new jobs.
09.14.2023
Automatic Coating to Locate U.S. Operation in the City of Suffolk
Automatic Coating to establish operation in the City of Suffolk to support U.S. Navy, creating 50 new jobs.
09.13.2023
Hermes Abrasives to Expand in Virginia Beach
Hermes Abrasives USA to invest $5.6 million to increase capabilities in the City of Virginia Beach, creating 30 new jobs.
08.30.2023
Press Glass to Expand in Henry County
Press Glass, the largest independent glass fabricator in Europe, to expand manufacturing facility in Henry County, creating 335 new jobs.
08.24.2023
Virginia Diodes to Expand in the City of Charlottesville
Virginia Diodes, a Virginia-founded test and measurement equipment manufacturer, to invest $2.5 million to expand capacity, creating 24 new jobs.
08.10.2023
Berkley Insurance Company to Expand in Henrico County
Berkley Insurance Company to invest $6.1 million, to expand its current location in Henrico Country, creating 72 new jobs.
07.24.2023
Laser Thermal to Expand in Virginia
Laser Thermal, a Virginia-founded nanotechnology company, to invest $2.9 million to increase R&D capacity in the City of Charlottesville, creating 28 new jobs.
07.19.2023
Wabtec to Expand in Virginia
Wabtec, a leading manufacturer for the heavy rail and rail transit industries worldwide, to invest $2.7 million to increase capacity in the City of Salem, creating 38 new jobs.
07.13.2023
Cybersecurity Firm Fortreum to Establish Headquarters in Virginia
Fortreum, LLC, a Virginia-founded cloud computing and cybersecurity advisory company, will invest $125,000 to establish its headquarters in Loudoun County.
07.13.2023
Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program
Governor Glenn Youngkin today announced that 11 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program.
07.11.2023
New Virginia Offshore Wind Supplier Development Grant Will Support Growth of Industry
Governor Glenn Youngkin today announced the establishment of the Virginia Offshore Wind Supplier Development Grant, a new program designed to incentivize smaller existing Virginia manufacturers.
07.07.2023
Armed Forces Brewing Company to Establish Headquarters and First Brewing Facility in Virginia
Armed Forces Brewing Company, a military tribute beer company, will establish its headquarters and first brewing facility in the City of Norfolk.
06.26.2023
Virginia Ranked No. 1 in Nation for Customized Workforce Training
Governor Glenn Youngkin today announced that Virginia is ranked No.1 in the U.S. for Customized Workforce Training in the 19th-annual Business Facilities State Rankings Report.
06.26.2023
Fugro to Expand its Americas Center of Expertise for Offshore Wind in the City of Norfolk
Fugro, the world’s leading geo data specialist, will expand its Americas Center of Expertise for Offshore Wind in the City of Norfolk, creating 15 new jobs.
06.20.2023
ZIM American Integrated Shipping Services Co., LLC to Expand Headquarters in Virginia
ZIM American Integrated Shipping Services Co., LLC to invest approximately $30 million in the City of Virginia Beach, cementing its commitment to the region.
06.14.2023
Fireworks by Grucci and Manufacturing Arm Pyrotechnique by Grucci to Expand Operations in Pulaski County
World-Renowned fireworks display company and manufacturer supplying department of defense to further expand Virginia operations.
06.05.2023
Silver Branch Brewing Company to Establish New Facility in Virginia
Maryland brewing company to invest $3 million to locate a brewery, taproom, and restaurant in Fauquier County, creating 38 new jobs.
05.25.2023
HEYCO Werk USA to Expand in Virginia
HEYCO Werk USA Inc., a manufacturer of automotive parts, will invest $5.4 million to expand its operation in Greensville County.