Breaking ground, making headlines

Governor Ralph Northam today announced that fifteen companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade program.

The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 16 companies into its two-year Virginia Leaders in Export Trade (VALET) program.

Intact Technology, a software consulting and managed services firm, will invest $1.5 million to establish a second Virginia location in the City of Richmond.

Starplast USA, subsidiary of Israeli company Starplast will invest approximately $17.7 million to develop a new manufacturing facility in Chesterfield.

CoStar Group, Inc., a leading provider of real estate information, analytics, and online marketplaces, expects to invest more than $460 million to expand in Richmond.

RIVANNA®, an imaging-based medical solutions developer, will expand and renovate its facility in Albemarle County.

UVision USA Corporation, a developer of unmanned military systems, will invest $2.2 million to establish a production and training center in Stafford County.

Qualtrics, an experience management software company, will invest $15.9 million to expand in Fairfax County.

TFC Poultry LLC, a quality poultry producer, will invest $31.5 million to establish its second U.S. production facility in Winchester.

VFP Inc., a producer of custom-designed enclosures used to protect critical infrastructure for telecommunications, public-safety radio, data centers, and utility projects, will invest $7.2 million to expand its operation in Scott County.

BWX Technologies, Inc., a leading supplier of nuclear components and fuel, will make a multimillion-dollar investment to create a manufacturing and research and development center in Campbell County.

Mondelēz International Inc., a global snacking leader with iconic global and local brands such as OREO, Ritz, and Chips Ahoy! biscuits, will be investing $122.5 million in its Henrico County supply chain operations over three years.

Nature's Touch Frozen Foods, a supplier of frozen fruits and vegetables for Canada and the United States, will invest $40.3 million to expand in Warren County.

Performance Food Group Company, a leader in foodservice distribution, will invest $80.2 million to establish a regional sales and distribution center operation in Hanover County.

The Virginia Economic Development Partnership (VEDP) today announced that Stephen Moret has been selected as president and CEO of Strada Education Network.

Skyline Fabricating Inc., a metal fabrication company specializing in structural steel construction, will expand its operations in Buchanan County.

Amazon will launch a new 630,000-square-foot cross-dock fulfillment center in Stafford County to serve as one of the company’s East Coast hubs.

VF Corporation, a global leader in branded lifestyle apparel, footwear, and accessories, will invest $10.2 million to grow their operation in Henry County.