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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09.08.2022
Civica Inc. to Expand in Greater Richmond-Petersburg Region, Investing $27.8 Million for a New Testing Facility
Civica Inc. will invest $27.8 million to establish a laboratory testing facility at Meadowville Technology Park in Chesterfield County. The facility will support Civica’s Petersburg pharmaceutical manufacturing operation.
08.24.2022
DroneUp to Make Multi-Location Investment, Creating 655 Jobs in Virginia
DroneUp, LLC, a leading drone flight services innovator and aviation technology provider, will invest $27.2 million to expand its headquarters in the City of Virginia Beach and establish a training center in Dinwiddie County.
08.23.2022
Coronado Global Resources to Expand in Southwest Virginia, Creating 181 New Jobs
Coronado Global Resources Inc., a leading international producer of high-quality metallurgical coal, plans to commit $169.1 million to expand its Buchanan Mine Complex in Buchanan County and Tazewell County.
08.04.2022
Hilton Solidifies Virginia Footprint, Expanding Global Headquarters in Fairfax County
Hilton, the leading global hospitality company, will retain its headquarters in Fairfax County, including upgrades to its facility in McLean. Hilton plans to create 350 net new headquarters jobs over the next five years.
07.28.2022
Unilock’s New Campus Brings Manufacturing Jobs to Virginia
Unilock, North America's premier manufacturer of concrete interlocking paving stones and segmental wall products, will invest $55.6 million to establish a manufacturing campus in Hanover County.
07.14.2022
Eleven Companies Selected to Participate in Virginia Leaders in Export Trade Program
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 11 companies into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to international exporting as a growth strategy.
07.13.2022
Virginia Companies Expand into Global Markets with Commonwealth’s Trade Accelerator Program
RICHMOND, VA - 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.
06.28.2022
EAB to Expand in Virginia, Creating 206 New Jobs
EAB, the leading provider of education research, technology, and marketing and enrollment solutions, will invest at least $6 million and add more than 200 jobs in Henrico County over the next five years.
06.27.2022
Massimo Zanetti Beverage USA to Expand in Virginia, Creating 79 New Jobs
Massimo Zanetti Beverage USA, one of the largest vertically integrated coffee companies in North America, will invest $29.1 million to consolidate and expand operations at its roasting facility in the City of Suffolk.
06.23.2022
Hanley Energy to Expand in Virginia, Creating 343 New Jobs
Hanley Energy, Irish-owned global innovators in Critical Power and Energy Management solutions, will invest $8 million to expand its Hanley Energy Electrical division in Loudoun County.
06.15.2022
The LEGO Group to Establish U.S. Manufacturing Plant in Virginia, Creating Over 1,760 New Jobs
The LEGO Group will invest over $1 billion to construct its U.S. manufacturing plant in Chesterfield County. The company will construct a new 1.7 million-square-foot precision manufacturing facility, creating over 1,760 new jobs.
06.09.2022
Derivatives Exchange Company to Expand Headquarters in Fairfax County
Nodal Exchange, a Fairfax-based derivatives exchange providing price, credit, and liquidity risk management solutions to participants in the North American commodities markets, will expand in Fairfax County.
06.08.2022
High Liner Foods Continues to Invest in City of Newport News Operation
High Liner Foods Incorporated (High Liner Foods), a leading North American value-added frozen seafood company, will continue to invest in modernizing its facility in Newport News with new equipment and product lines.
06.01.2022
Scholle IPN to Expand in Smyth County, Creating 75 New Jobs
Scholle IPN, a leading global supplier of total flexible packaging solutions, will invest $31.1 million to expand its operation in Smyth County. The company will expand the facility to accommodate new manufacturing lines.
06.01.2022
Paper Honeycomb Manufacturer to Expand in Pittsylvania County, Creating 21 New Jobs
Axxor, a global leader in paper honeycomb development and production, will invest $3.5 million to expand its manufacturing capacity in Ringgold East Industrial Park in Pittsylvania County.
05.26.2022
Automation Solutions Manufacturer to Expand in the City of Newport News, Creating 34 New Jobs
Mühlbauer Inc., the U.S. subsidiary of Germany-based Mühlbauer Group and the world’s top producer of automated machinery designed to implement intelligent solutions, will expand its operation in the City of Newport News.
05.24.2022
Historic Peanut Processor Expands in the City of Suffolk
Birdsong Peanuts, a cornerstone company of Virginia’s peanut industry for more than 100 years, will invest $25.1 million into its peanut shelling facility in the City of Suffolk.
05.17.2022
Life Sciences Company to Expand in Prince William County, Creating up to 70 New Jobs
Virongy Biosciences Inc., a developer of viral diagnostic technologies, anti-viral drugs, and therapeutic viral vectors, will expand in Prince William County.