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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11.12.2020
Highway Guardrail Manufacturer Expansion to Create 113 New Jobs in Washington County
RICHMOND—Governor Ralph Northam today announced that SPIG Industry, LLC, a manufacturer of highway guardrails and guardrail end terminals, will invest $7.9 million to expand its operation in the Bristol-Washington Industrial Park in Washington County.
10.26.2020
New Furniture Manufacturing Operation to Bring Nearly 200 Jobs to Pittsylvania County
RICHMOND—Governor Ralph Northam today announced that Ison Furniture Manufacturing, Inc., a North Carolina-based furniture manufacturer, will invest $3.5 million to acquire and renovate the recently closed A.C. Furniture Company, Inc. facility in Pittsylvania County.
10.20.2020
Silk City Printing to Relocate to Fluvanna County, Creating 93 New Jobs
RICHMOND—Governor Ralph Northam today announced that Silk City Printing, LLC will relocate its corporate headquarters from Paterson, New Jersey, investing $5.7 million to establish a new silkscreened apparel production operation in the former Thomasville facility in Fluvanna County that has been vacant since 2007.
10.08.2020
Manufacturer of Personal Protective Equipment to Expand, Creating 180 New Jobs in Virginia Beach
RICHMOND—Governor Ralph Northam today announced that Premium-PPE, a manufacturer of AmeriShield branded masks and personal protective equipment, will invest $5.3 million to expand its operation in the City of Virginia Beach.
10.07.2020
Plasser American to Expand in Chesapeake, Creating 98 New Jobs
RICHMOND—Governor Ralph Northam today announced that Plasser American Corporation, a manufacturer of railway construction and maintenance equipment, will invest $52.6 million to expand in the City of Chesapeake.
10.07.2020
Danish Manufacturer Rose Holm to Establish First U.S. Operation in Henrico County
RICHMOND—Governor Ralph Northam today announced that Danish company Rose Holm, a leading manufacturer of threaded bolts for the food and beverage, wind power, and heat exchange industries in Northern Europe, will invest $1.35 million to establish its first U.S.
10.01.2020
Mount-It! to Locate First East Coast Operation in Prince George County, Creating 85 New Jobs
RICHMOND—Governor Ralph Northam today announced that Mount-It!, a leading distributor of more than 500 types of mounting solutions, will invest $7.45 million to establish its first East Coast warehouse and distribution facility in the former Quality Way building in Prince George County.
09.28.2020
Hitachi ABB Power Grids to Invest $6.2 Million to Expand Manufacturing Operation in Bland County
RICHMOND—Governor Ralph Northam today announced that Hitachi ABB Power Grids, a leader in power and energy technologies, will invest $6.2 million to upgrade equipment and increase manufacturing capacity at its Bland County operation.
09.22.2020
Huntington Ingalls Industries to Establish Unmanned Systems Facility in Hampton
HAMPTON—Governor Ralph Northam today announced that Huntington Ingalls Industries (NYSE: HII) will create more than 250 new jobs by establishing an Unmanned Systems Center of Excellence in Hampton.
09.09.2020
Twelve Companies Selected to Participate in Virginia Leaders in Export Trade Program
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 12 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.
08.27.2020
Israeli Renewable Energy Company to Establish U.S. Headquarters in Arlington
RICHMOND—Governor Ralph Northam today announced that Energix Renewable Energies Ltd., one of Israel’s largest renewable energy companies, will invest $1.1 million to establish its U.S. subsidiary headquarters in Arlington County.
08.27.2020
VEDP International Trade Conducts Virtual Market Visits to Help Virginia Exporters Build Business Overseas
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced that its Division of International Trade is adapting its Trade Missions program to a virtual platform in response to the impacts of the pandemic, travel restrictions, and sustained interest in international business development assistance by Virginia exporters.
08.26.2020
Torc Robotics to Expand in Montgomery County, Creating 350 New Jobs
RICHMOND—Governor Ralph Northam today announced that Torc Robotics, a Blacksburg-based leader in self-driving vehicle systems, will invest $8.5 million to expand its software development operations in Montgomery County.
08.14.2020
T-Mobile Customer Experience Center to Create Up to 500 New Jobs in Henrico
RICHMOND—Governor Ralph Northam today announced that T-Mobile US, Inc. (NASDAQ: TMUS), one of the largest wireless network operators in the country, will relocate one of its Customer Experience Centers to the former Sam’s Club on Laburnum Avenue in Henrico County.
08.13.2020
Virginia Companies Increase Exports through Commonwealth’s Two-Year Business Acceleration Program
RICHMOND—Governor Ralph Northam today announced that 10 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program.
08.12.2020
Musser Lumber Company to Expand Sawmill in Wythe County
RICHMOND—Governor Ralph Northam today announced that Musser Lumber Company, Inc. will expand current operations in Rural Retreat, creating 12 new jobs and investing $2.4 million in Wythe County.
08.12.2020
Greenswell Growers to Establish New Hydroponic Greenhouse in Goochland County
RICHMOND—Governor Ralph Northam today announced that Greenswell Growers, Inc. will invest more than $17 million to establish a new commercial hydroponic greenhouse operation in Goochland County’s West Creek Industrial Park.
07.27.2020
Homegrown Technology Consulting Company to Expand Operations in Montgomery County
RICHMOND—Governor Ralph Northam today announced that Modea, a technology company that specializes in digital strategy for healthcare organizations, will invest $100,000 to grow its operation in Montgomery County.