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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

06.29.2021

Lumber Exporting Company to Establish Operations in Suffolk

RICHMOND—Governor Ralph Northam today announced that Kristi Corporation, a global supplier of industrial raw material for aluminum and steel metallurgical industries, will invest $1.1 million to establish a log load and fumigation facility at 1326 Portsmouth Boulevard in the City of Suffolk.
05.26.2021

Aerospace Engineering Firm to Expand in Fauquier County

RICHMOND—Governor Ralph Northam today announced that SPARC Research, a provider of program and engineering services in advanced missile and rocket propulsion, will invest $2.5 million to expand its operation in Fauquier County.
05.25.2021

SunCoke Energy to Invest $50 Million in Buchanan County Operation

Governor Ralph Northam today announced that SunCoke Energy, Inc. (NYSE: SXC), the largest independent producer of high-quality coke for blast furnace steel production in the Americas, will invest $50 million in its manufacturing operation in Buchanan County.