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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10.12.2022
Hitachi Energy to Expand in Virginia, Creating 165 New Jobs in Halifax County
Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, will invest $37 million to expand its operation in Halifax County.
10.06.2022
Four Virginia Communities to Receive Grants to Support Restoration of Brownfield Sites
Site Remediation Grants from the Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF) will be awarded to four localities.
09.27.2022
IperionX Selects Virginia for first U.S. 100% Recycled Titanium Metal Powder Facility
IperionX Limited, a U.S. critical minerals company, plans to make a capital investment totaling $82.1 million to establish Virginia’s first titanium demonstration facility in Halifax County.
09.26.2022
Evermade Foods to Expand in Virginia
Evermade Foods, a Virginia-based co-manufacturer of prepared meals sold under private label at grocery stores and through meal subscription services, will invest $110,000 to expand in Fauquier County.
09.23.2022
RapidFlight to Establish Operations in Manassas
RapidFlight, a Virginia-founded integrated designer and manufacturer of unmanned aircraft, will invest $5.5 million to establish operations in the City of Manassas.
09.22.2022
Pangiam to Establish Headquarters in Virginia, Creating 201 New Jobs
Pangiam, an emerging technology company streamlining the travel and security industries, will invest $3.1 million to establish its global headquarters in Fairfax County.
09.21.2022
Enabled Intelligence to Expand Headquarters in Virginia
Enabled Intelligence, Inc., a provider of secure and accurate data labeling services to enable artificial intelligence applications, will invest $1.4 million to expand its headquarters in Fairfax County.
09.20.2022
North American Specialty Laminations Selects Virginia for Mid-Atlantic Operation
North American Specialty Laminations LLC, the North American leader in differentiated lamination solutions to the building products industry, will invest $2 million to establish a mid-Atlantic operation in Roanoke County.
09.15.2022
Lutron Electronics to Build Manufacturing Facility in Virginia, Creating 200 Jobs in Hanover County
Pennsylvania-based Lutron Electronics, the trusted global leader in lighting control, automated shading solutions, and intelligent fixtures, will invest $28.3 million to build a manufacturing facility in Hanover County.
09.14.2022
World’s Largest Campus for Indoor Vertical Farming Coming to Virginia
California-based Plenty Unlimited Inc. will build the world’s largest indoor vertical farming campus, a $300 million investment in Chesterfield County’s Meadowville Technology Park, creating 300 jobs.
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.