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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12.02.2021
Poultry Processor to Establish First East Coast Operation in Winchester
TFC Poultry LLC, a quality poultry producer, will invest $31.5 million to establish its second U.S. production facility in Winchester.
11.22.2021
VFP Inc. to Expand in Scott County, Creating 30 New Jobs
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.
11.19.2021
Leading Nuclear Manufacturer to Establish Innovation Center in Campbell 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.
11.18.2021
Leading Snack Company to Expand Virginia Supply Chain Operations
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.
11.16.2021
Frozen Produce Company to Create 67 New Jobs in Warren County
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.
11.11.2021
Leading Foodservice Distributor to Invest $80.2 Million in Hanover 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.
11.10.2021
VEDP President and CEO Stephen Moret Named President and CEO of Strada Education Network
The Virginia Economic Development Partnership (VEDP) today announced that Stephen Moret has been selected as president and CEO of Strada Education Network.
11.09.2021
Steel Fabrication Company to Expand in Buchanan County
Skyline Fabricating Inc., a metal fabrication company specializing in structural steel construction, will expand its operations in Buchanan County.
11.09.2021
Amazon to Establish An East Coast Hub for Supply Chain Operations in Virginia
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.
10.28.2021
Major Apparel Company to Invest $10.2 Million in Henry County, Create 82 New Jobs
VF Corporation, a global leader in branded lifestyle apparel, footwear, and accessories, will invest $10.2 million to grow their operation in Henry County.
10.19.2021
IT Consulting Firm to Expand Headquarters in Fairfax County
Intact Technology, a software consulting and managed services firm, will expand its headquarters in Fairfax County.
10.15.2021
New Insurance Firm to Establish Headquarters in Henrico County
Richmond National Group, Inc., a start-up specialty property and casualty insurance holding company, will establish its headquarters in Henrico County.
10.14.2021
Rare Sugar Producer to Expand in Albemarle County, Creating 64 New Jobs
Bonumose, Inc. will partner with Hershey to research and develop reduced or zero sugar chocolate products. The company will invest $27.7 million to expand in Albemarle County.
10.07.2021
Satellite Communications Company to Expand in Fairfax County
SpaceLink is expanding in Fairfax County. The expansion will allow the company to develop and deploy a communications superhighway for the space economy. SpaceLink will create 41 new jobs in Virginia with this expansion.
10.04.2021
Virginia’s Infrastructure Upgrades in Wythe County Attract Commitments for New Manufacturing Jobs and Investment
A major joint venture has committed to build a manufacturing operation that projects to employ 2,500 people and produce 60 billion medical gloves a year.
09.30.2021
Italian Cured Meats Producer to Establish First U.S. Operation in Virginia
Italy-based Veronesi Holding S.p.A., a leading manufacturer and producer of cured meats, will establish its first U.S. production operation in Rockingham County.
09.23.2021
Plastic Company to Expand in Rockingham County, Creating 92 New Jobs
Virginia Industrial Plastics, Inc., a plastic thermoforming and fabrication company, plans to invest more than $6.5 million to expand its manufacturing facility in Rockingham County.
09.14.2021
Service Center Metals to Invest $101.7 Million in Prince George County, Creating 94 New Jobs
Service Center Metals, a manufacturer of aluminum extrusions, will invest more than $100 million to expand in Prince George County.