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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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.
07.15.2020
Acoustical Sheetmetal Company to Expand in Virginia Beach, Creating 200 New Jobs
RICHMOND—Governor Ralph Northam today announced that Acoustical Sheetmetal Company (ASC), a manufacturer of sound attenuating and weather protective enclosures for on-site power generation equipment, will invest $15.8 million to expand its operation in the City of Virginia Beach.
07.08.2020
Bausch + Lomb to Expand in Lynchburg, Create 79 New Jobs
RICHMOND—Governor Ralph Northam today announced that Bausch + Lomb, a leading global eye health business of Bausch Health Companies Inc. (NYSE/TSX: BHC), will invest more than $35 million to expand its manufacturing facility in the City of Lynchburg.
07.02.2020
Fleetwood Homes to Create 60 New Jobs in Franklin County
RICHMOND—Governor Ralph Northam today announced that Fleetwood Homes, a leading homebuilder and maker of manufactured homes, plans to invest $2.1 million, including $700,000 in new equipment, to renovate and expand its Rocky Mount facility. The project will create 60 new jobs in Franklin County.
06.30.2020
The Hershey Company to Invest $135 Million, Create 110 New Jobs in Augusta County
RICHMOND—Governor Ralph Northam today announced that The Hershey Company will invest $135 million to expand its manufacturing operation in Augusta County. The company will increase production capacity at its existing facility in Stuarts Draft by 90,000 square feet and create 110 new jobs.
06.24.2020
Metalworx to Relocate Headquarters and Manufacturing Facility to Grayson County
RICHMOND—Governor Ralph Northam today announced that Metalworx, Inc., a manufacturer of highly-engineered and precision-manufactured components, assemblies, and products for a variety of industries, will invest $7.6 million to relocate its headquarters and manufacturing functions from South Carolina to the former Core Fitness Complex in Grayson County.
06.22.2020
Drake Extrusion to Expand Henry County Operation
RICHMOND—Governor Ralph Northam today announced that Drake Extrusion, Inc., a subsidiary of Sweden-based Duroc AB and a manufacturer of colored filament yarn and staple fiber, will invest $6.9 million to expand its operation in Henry County.
06.16.2020
Maritime, Ship Repair, and Manufacturing Company to Create 332 New Jobs in City of Newport News
NEWPORT NEWS—Governor Ralph Northam today announced that S23 Holdings, LLC and its affiliates, which include East Coast Repair and Fabrication (ECR), an industry leader in the marine, industrial, and commercial sectors, will invest $64.4 million to establish a corporate and industrial campus for ship repair, manufacturing, and to rehabilitate piers.
06.15.2020
ASGN to Create 700 New Jobs Across Virginia, Move Corporate Headquarters to Henrico County
RICHMOND—Governor Ralph Northam today announced that ASGN Incorporated (NYSE:ASGN) will invest a total of $12.4 million to move its corporate headquarters from Calabasas, California to Henrico County and grow operations across the Commonwealth, creating a total of 700 new jobs and advancing Virginia’s economic recovery strategy.
06.11.2020
FerraTex Solutions to Establish Flagship Manufacturing Facility in Henry County
RICHMOND—Governor Ralph Northam today announced that FerraTex Solutions, LLC, a leading provider of cured-in-place-pipe (CIPP) solutions, will purchase the former Compton Wood Products facility in the Bowles Industrial Park in Henry County.
06.02.2020
Braven Environmental to Create 52 New Jobs in Cumberland County
RICHMOND—Governor Ralph Northam today announced that Braven Environmental, a leader in deriving fuel from landfill-bound plastic, will invest $31.7 million to establish a manufacturing operation in Cumberland County’s shell building.