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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04.20.2021
State-of-the-Art Hydroponic Greenhouse in Virginia Beach to Create 155 New Jobs
RICHMOND—Governor Ralph Northam today announced that startup company Sunny Farms, LLC will invest $59.6 million to establish a state-of-the-art hydroponic greenhouse for production, workforce development, and research in the City of Virginia Beach.
Textile-Based Engineering Firm to Expand in Staunton, Adding 31 New Jobs
RICHMOND—Governor Ralph Northam today announced that Ryzing Technologies, LLC, a designer and manufacturer of textile-based engineering solutions, will invest $149,000 to expand capabilities at its facility in the City of Staunton. The company serves the U.S.
Heavy Metal Manufacturer to Expand in Tazewell County, Creating 40 New Jobs
RICHMOND—Governor Ralph Northam today announced that Lawrence Brothers, Inc., an industry leader in battery tray fabrication and manufacturing of motive power trays, ground support systems, and transformer components, will invest $3.2 million to expand its operation in Tazewell County.
04.14.2021
Cybersecurity and IT Consulting Firm to Expand in Fairfax County
RICHMOND—Governor Ralph Northam today announced that SecureTech360, LLC, a small woman-, minority-, and service-disabled veteran-owned cybersecurity and information technology consulting firm, will invest $155,000 to expand in Fairfax County.
04.13.2021
Katoen Natie Norfolk to Invest $61 Million to Expand Freight Distribution Center
RICHMOND—Governor Ralph Northam today announced that Katoen Natie Norfolk Inc., a plastics and polymers warehousing and distribution company and subsidiary of Katoen Natie, will invest $61 million to expand its freight distribution center in the City of Norfolk.
04.08.2021
STS Group AG to Establish First U.S. Location in Wythe County, Creating 120 New Jobs
RICHMOND—Governor Ralph Northam today announced that STS Group AG, a leading global system supplier of interior and exterior parts for commercial vehicles, will invest $39 million to establish its first U.S. manufacturing operation in Wythe County’s Progress Park.
04.08.2021
International Telecommunications Company to Expand, Create Up to 200 New Jobs in Prince William County
RICHMOND—Governor Ralph Northam today announced that SES, a Luxembourg-based telecommunications company, will invest $17 million to merge its satellite and network operations at a new facility in Prince William County.
04.07.2021
Air Purification Company Oransi Selects Radford for First Manufacturing Facility, Creating 101 New Jobs
RICHMOND—Governor Ralph Northam today announced that Oransi, a veteran-owned air purification company, will invest $5.6 million to establish its first manufacturing facility in the Plymouth Building at 113 Corporate Drive in the City of Radford.
03.29.2021
Construction Equipment Company to Expand in Pittsylvania County, Creating 27 New Jobs
RICHMOND—Governor Ralph Northam today announced that J&J Truck Sales, Inc., a leading heavy duty truck sales and construction equipment sales and rental firm, will invest $5.2 million to expand its operation in Pittsylvania County.
03.11.2021
Healthcare Artificial Intelligence Company to Establish Headquarters in Loudoun County
RICHMOND—Governor Ralph Northam today announced that Zasti, Inc., an artificial intelligence (AI) technology company that develops innovative risk screening, predictive analytics, and climate change solutions for the healthcare industry, will invest $5.9 million to establish its U.S.
03.04.2021
Tempur Sealy International to Expand Manufacturing Operation in Scott County
RICHMOND—Governor Ralph Northam today announced that Tempur Sealy International, Inc. (NYSE: TPX) will invest $16.7 million to expand its manufacturing operation in Scott County. The company will increase production to meet growing demand for its proprietary foam mattress and pillow products.
03.03.2021
Ceres Nanosciences, Inc. to Increase Manufacturing Capacity for COVID-19 Testing Reagents with Prince William County Expansion
RICHMOND—Governor Ralph Northam today announced that Ceres Nanosciences, Inc., a life sciences company that makes innovative products to improve diagnostic testing, will expand its operation in Prince William County’s Innovation Park to increase the manufacturing capacity of its Nanotrap® Magnetic Virus Particles for COVID-19 tests.
Eaton to Expand in Henrico County, Creating 80 New Jobs
RICHMOND—Governor Ralph Northam today announced that power management company Eaton will invest $3.6 million to move production from California to its facility at 4200 Oakley Court in Henrico County.
02.16.2021
Moog Inc. to Expand in Montgomery County, Creating 75 New Jobs
RICHMOND—Governor Ralph Northam today announced that Moog Inc.
02.12.2021
Seven Virginia Companies Increase Exports through Commonwealth’s International Business Acceleration Program
RICHMOND—Governor Ralph Northam today announced that seven companies have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program.
02.10.2021
Babylon Micro-Farms to Expand, Relocate to Richmond
RICHMOND—Governor Ralph Northam today announced that Babylon Micro-Farms, a Virginia-based company that develops and produces remotely controlled, indoor hydroponic systems for growing fresh herbs, vegetables, and salad greens, will invest $140,000 to expand operations and relocate to the City of Richmond.
02.10.2021
Personal Protective Equipment Manufacturer to Locate in Harrisonburg
RICHMOND—Governor Ralph Northam today announced that Valley Guard Supply LLC will invest $1 million to establish a personal protective equipment manufacturing facility in the City of Harrisonburg.
02.05.2021
Fortune Auto North America to Expand in Powhatan County
RICHMOND—Governor Ralph Northam today announced that Fortune Auto North America, a U.S.-based manufacturer of high-performance racing suspension systems for Japanese and European vehicles, will invest $250,000 to expand its operation located at 1495 Oakbridge Terrace in Powhatan County.