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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

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.
06.24.2020

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.