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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

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.
02.05.2021

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.
02.04.2021

CMA CGM Group to Retain North American Headquarters in Norfolk, Expand Presence in Virginia

RICHMOND—Governor Ralph Northam today announced that CMA CGM Group, a world leader in shipping and logistics, will retain its North American headquarters in the City of Norfolk, including approximately 655 current employees, and will grow its presence in the Commonwealth, resulting in the creation of more than 400 new jobs in Hampton Roads and Northern Virginia.
02.02.2021

Information Technology Company to Create 296 New Jobs in Fairfax County

RICHMOND—Governor Ralph Northam today announced that Kreative Technologies, LLC, a leader in information systems design, development, integration, and sustainment for the federal health care industry, will invest $1.5 million to expand its operation at 4114 Legato Road in Fairfax County.
02.01.2021

Afton Scientific to Expand Operation in Albemarle County

RICHMOND—Governor Ralph Northam today announced that Afton Scientific, LLC, an FDA-regulated pharmaceutical contract manufacturing company supporting the life sciences industry, will invest $500,000 to expand its operation in Albemarle County.
01.28.2021

Crown Holdings to Create 126 Jobs in Henry County

RICHMOND—Governor Ralph Northam today announced that Crown Holdings, Inc. (NYSE: CCK), an industry leader in metal packaging technology, will invest $145 million to establish a manufacturing operation in Henry County.
01.15.2021

Laminate Technologies to Expand in Henry County, Creating 42 New Jobs

RICHMOND—Governor Ralph Northam today announced that Laminate Technologies Inc. (LamTech), one of the largest privately held custom laminators in the United States, will invest $4 million to expand its manufacturing facility at 775 Industrial Park Drive in Henry County.