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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07.13.2023
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.
05.23.2023
Altec Industries to Expand in Virginia
Global industrial machinery manufacturer to invest $1.4 million, create 150 new jobs in Botetourt County.
05.10.2023
BAUER COMPRESSORS, INC. to Expand in the City of Norfolk
Virginia-headquartered BAUER COMPRESSORS, INC., the world’s foremost innovative designer and manufacturer of high-pressure systems, will invest $7.4 million to expand in the City of Norfolk.
05.08.2023
Dev Technology Group to Expand in Virginia
Dev Technology Group, an information technology services company delivering mission-critical applications and systems to the federal government, will invest $366,000 to expand in Fairfax County, creating 90 new jobs.
05.05.2023
Layman Distributing to Expand in the City of Salem
Layman Distributing, a small, woman-owned, full-service wholesale distributor, will invest $6.8 million to expand in the City of Salem.
05.04.2023
AgroSpheres to Expand in Albemarle County with $25 Million Investment
Virginia agriculture startup to create over 50 jobs, enhance production, and build a demonstration facility for new products.
05.03.2023
Delta Star to Expand Operation in Virginia
Delta Star, Inc., the largest, American-owned medium transformer manufacturer in the United States and the premier manufacturer of mobile transformers in North America, will expand in the City of Lynchburg.
05.02.2023
Richmond National Group to Expand Headquarters in Henrico County
Richmond National Group, Inc., a specialty excess and surplus lines insurance company serving select wholesale brokers across the country, will invest $350,000 to expand its headquarters in Henrico County.
05.01.2023
Church & Dwight Co., Inc. to Expand Operation in Virginia
Church & Dwight Co., Inc. (NYSE: CHD), a major American manufacturer of household products, will invest $27 million to expand in Chesterfield County.