Breaking ground, making headlines

The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 12 companies into its two-year Virginia Leaders in Export Trade (VALET) program.

PS-Fertility, Inc., a life sciences start-up that will commercialize a novel male fertility diagnostic technology originally developed at UVA, will invest $1.4 million to establish an operation in Albemarle County.

Apex Mills, a specialty supplier and manufacturer of warp knit fabrics, will invest $3.1 million to expand its East Coast presence by acquiring the former HanesBrands facility and its equipment in Patrick County.

Hollingsworth & Vose (H&V), a global manufacturer of advanced materials used in filtration, battery, and industrial applications, will invest $40.2 million to expand its operation in Floyd County.

M S International, Inc. (MSI), the leading supplier of flooring, countertops, wall tile, and hardscaping products in North America, will establish its East Coast distribution facility in the City of Suffolk.

SWVA Biochar, a leading producer of premium biochar in the Southwest Virginia region, will invest $2.6 million to increase capacity at its operation in Floyd County.

Virginia MetalFab, a full-service metal manufacturing provider, will invest $9 million to expand to a larger facility in the Town of Appomattox. The project will create 130 new jobs over the next three years.

RICHMOND, VA - Governor Glenn Youngkin today announced that E-Z Treat, a family owned-and-operated manufacturer of next generation wastewater treatment systems, will invest $3.5 million to expand in Fauquier County.

Granules India Ltd., a vertically integrated pharmaceutical company, will invest $12.5 million to establish a pharmaceutical packaging operation in Prince William County.

RICHMOND, VA - Governor Glenn Youngkin today announced that Technomics, Inc., an employee-owned decision analysis company that specializes in cost analysis, data management, and data analytics, has invested $1.7 million to expand in Arlington County.

SmartRoof, one of the East Coast's leading roofing companies, will invest $350,000 to expand in Fairfax County. The company will relocate from its current location in McLean to 11091 Sunset Hills Road in Reston.

Skip Barber Racing School, the world's largest automotive education and entertainment company offering driving and racing schools, will relocate its headquarters and establish a performance driving school in Halifax County.

ARDX®, a government healthcare management and technology consulting firm, will invest $2.4 million to relocate and expand in the City of Norfolk.

World Class Distribution, Inc. (WCD Inc.), a distribution, warehousing, and cold storage network company, will invest $275 million to establish an operation in Caroline County.

Nakano Warehouse & Transportation Corp., a Tokyo-based transportation and warehousing company, will invest $14 million to establish a new warehouse and distribution facility in the City of Chesapeake.

Ronald Mark Associates, Inc., a leader in custom resin and vinyl fabric formulations and technical services, will invest $13.5 million to establish a manufacturing operation in Tazewell County.

FyberX Holdings, a developer of technology to process raw agricultural biomass into refined natural fibers, will invest $17.5 million to establish its U.S. headquarters and production operation in Mecklenburg County.

Lowe's Companies, Inc., one of the largest home improvement retailers in the world, will establish a coastal holding facility in the City of Suffolk, which will create 100 new jobs.