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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04.13.2022
Kingspan Insulation to create 37 new jobs in Frederick County
Kingspan Insulation LLC, a division of the Kingspan Group, the global leader in advanced insulation and innovative building solutions, will invest $27 million to expand its operation in Frederick County.
04.11.2022
Bode Technology to Expand in Fairfax County, Creating More Than 70 New Jobs
Bode Technology, a Fairfax-based leading provider of forensic services, will expand its DNA testing services lab in Fairfax County to support increased customer demand.
04.05.2022
Sports Medicine Company to Expand in the City of Norfolk, Creating 92 New Jobs
Embody, Inc., a Norfolk-based medical device company developing novel collagen-based technologies for soft tissue repair, will expand its HQ at Innovation Research Park at Old Dominion University in the City of Norfolk.
03.30.2022
Certified Origins to Invest $25 million to Establish First U.S. Olive Oil Production Facility in City of Newport News
Certified Origins, an Italy-based company focused on providing fresh and authentic extra virgin olive oil, will invest $25 million to establish its first U.S. production facility in Newport News to meet increased demand.
03.25.2022
Hamilton Insurance Group, Ltd. to create 70+ New Jobs in Henrico County
Hamilton Insurance Group, Ltd., a provider of specialty insurance and reinsurance services, will establish the U.S. headquarters of its wholly owned subsidiary Hamilton Select Insurance Inc. in Henrico County.
03.24.2022
Perdue AgriBusiness to Invest $59.1 Million to Expand in the City of Chesapeake
Perdue AgriBusiness, a leading U.S. agriculture products and services company, will invest $59.1 million to expand its operation in the City of Chesapeake. The company will modernize facilities and increase production.
03.18.2022
Jason El Koubi Named VEDP President and CEO
The Board of Directors of the Virginia Economic Development Partnership (VEDP) today announced that it has unanimously selected Jason El Koubi as VEDP President and CEO following a three-month nationwide search.
03.15.2022
Supply Chain Solutions Company to Open Three Service Centers in Virginia, Creating 75 Jobs
A. Duie Pyle (Pyle), a premier provider of asset and non-asset-based supply chain solutions, will establish three cross-dock service centers in the Cities of Manassas, Richmond and Roanoke.
03.14.2022
Thermo Fisher Scientific to Expand Clinical Research Laboratories in Henrico County and the City of Richmond, Creating 500+ New Jobs
Thermo Fisher Scientific Inc., the world leader in serving science, will invest $97 million to expand its bioanalytical laboratory operations into three new locations in the Greater Richmond region.
03.07.2022
Technology Services Company to Expand in Fairfax County, Creating 61 New Jobs
Easy Dynamics Corporation, a technology services provider with a core focus in cybersecurity, cloud computing, and information sharing, will expand its operation in Fairfax County.
03.04.2022
Sign Manufacturer to Establish Facility in Tazewell County, Creating 19 New Jobs
Signco, a Chicago-based custom sign manufacturer will establish an operation in Tazewell County.
02.28.2022
Rocket Lab USA Selects Virginia for Neutron Rocket Launch Site and Major Manufacturing Complex, Creating 250 New Jobs
Rocket Lab USA, a global leader in launch services and space systems, has selected Wallops Island as the location for its launch site and extensive manufacturing and operations facilities for its Neutron rocket.
02.28.2022
Alarm.com to Expand in Fairfax County, Creating 180 New Jobs
Alarm.com, the leading platform for the intelligently connected property, will expand the technology research and development division at its headquarters in Fairfax County.
02.25.2022
Walgreens to Establish Micro-Fulfillment Center in Hanover County, Creating 249 New Jobs
Walgreens, an integrated pharmacy, healthcare, and retail leader, will invest $34.2 million to establish a Micro-Fulfillment Center for high-value pharmaceuticals at the Atlee Station Logistics Center in Hanover County.
02.23.2022
Amazon to Create 500 New Jobs in Augusta County
Amazon will launch a new 1 million-square-foot non-sortable fulfillment center in Augusta County. The facility will be responsible for picking, packing, and shipping bulky or larger-sized customer items.
02.18.2022
AutoZone to Establish Major East Coast Distribution Center and Direct Import Facility in New Kent County, Creating 352 New Jobs
AutoZone, Inc., the nation’s leading auto parts retailer and distributor of automotive replacement parts and accessories, will invest $185.2 million to establish a new warehouse and distribution center in New Kent County.
01.14.2022
Furniture and Décor Company to Establish First U.S. Operation in Newport News, Creating 26 New Jobs
Mercana Furniture and Décor, a Canadian manufacturer and wholesaler of home goods across North America, will invest $8.5 million to establish its first U.S. warehouse and distribution operation in Newport News.
01.13.2022
Governor Northam Announces $7 Million to Develop Industrial Sites Across Commonwealth
Governor Ralph Northam today announced a total of $7.0 million in Virginia Business Ready Sites Program development grants for 11 projects across the Commonwealth.