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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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.
02.19.2021
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.
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.
01.22.2021
Tabet Manufacturing Company, Inc. to Expand Norfolk Operation, Creating 68 New Jobs
RICHMOND—Governor Ralph Northam today announced that Tabet Manufacturing Company, Inc., a leading developer and manufacturer of large suite communications equipment and custom solutions for military and industrial customers, will invest $6.5 million to expand its operation in the City of Norfolk.
01.21.2021
Pharmaceutical Manufacturer Civica Inc. to Create 186 New Jobs in City of Petersburg
RICHMOND—Governor Ralph Northam today announced that pharmaceutical manufacturer Civica Inc. (Civica) will invest $124.5 million to establish its first in-house pharmaceutical manufacturing operation in the City of Petersburg. The project will create 186 new jobs.
01.19.2021
Intertape Polymer Group to Create 50 New Jobs in Pittsylvania County
RICHMOND—Governor Ralph Northam today announced that Intertape Polymer Group Inc.
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.
01.14.2021
World’s Largest Flooring Manufacturer to Expand Operation in Carroll County
RICHMOND—Governor Ralph Northam today announced that Mohawk Industries, Inc. (NYSE:MHK), the leading global manufacturer of residential and commercial flooring products, will invest $22.5 million to expand its operation in Carroll County.
01.13.2021
Ten Companies Selected to Participate in Virginia Leaders in Export Trade Program
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 10 companies into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to international exporting as a growth strategy.