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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

10.24.2019

DroneUp Announces 41 New Jobs in Virginia Beach

Company to expand its headquarters operation RICHMOND—Governor Ralph Northam today announced that DroneUp, a web and mobile platform for on-demand drone pilot services, will invest $130,000 to expand its headquarters operation in Virginia Beach.
10.15.2019

SRP Companies Announces $1.16 Million Investment in Virginia Beach

Company to relocate warehouse operations RICHMOND—Governor Ralph Northam today announced that SRP Companies, a leading supplier to more than 60,000 retailers nationwide, will invest $1.16 million to relocate a substantial portion of its warehouse operations from Philadelphia, Utah, and Oklahoma to the City of Virginia Beach.
10.08.2019

Aeronyde Corporation Announces 25 New Jobs in the City of Covington

Company to invest $350,000 to establish new Fleet Operating Center RICHMOND—Governor Ralph Northam today announced that Aeronyde Corporation, an industry leader in integrating artificial intelligence (AI) and augmented reality (AR) into a safe and secure full-service commercial drone system, will invest $350,000 to establish a new drone operations command and control center in the City of Covington.
09.25.2019

Teal-Jones Group Announces Major Sawmill Expansions In Henry And Westmoreland Counties

Company to invest $31.75 million and create 126 new jobs to nearly triple lumber production RICHMOND - At events in Martinsville and Kinsale, Governor Ralph Northam today announced that British Columbia-based Teal-Jones Group is investing a total of $31.75 million to expand sawmill and dry kiln operations at two recently acquired lumber mills in Virginia.
09.23.2019

Block.one Announces 170 New Jobs in Arlington County

Company to invest $10 million, establish U.S. headquarters RICHMOND—Governor Ralph Northam today announced that Block.one, a leader in providing high-performance blockchain software, will invest $10 million and establish its U.S. headquarters in Arlington County.
09.19.2019

PPD Announces 200 New Jobs in Henrico County

Company to invest $63.7 million to expand bioanalytical lab RICHMOND—Governor Ralph Northam today announced that Pharmaceutical Product Development, LLC (PPD), a leading global contract research organization (CRO), will invest $63.7 million to expand its bioanalytical lab in Henrico County.
09.18.2019

High Purity Systems, Inc. Announces 105 New Jobs in the City of Manassas

Company to invest approximately $8.5 million to expand manufacturing operations RICHMOND—Governor Ralph Northam today announced that High Purity Systems, Inc., a leading provider of mechanical piping systems for a broad range of industries, will invest approximately $8.5 million to grow its manufacturing operation in the City of Manassas.
08.27.2019

Howell Metal Announces 102 New Jobs in Shenandoah County

Company to invest $8 million to expand production at manufacturing facility NEW MARKET—Governor Ralph Northam today announced that Howell Metal, an established manufacturer of copper tubing and line sets for residential and commercial construction markets, will invest $8 million to expand production at its operation in Shenandoah County.
07.26.2019

Governor Northam Announces 15 New Jobs in Pulaski County

BimmerWorld to invest $1 million to expand parts supply operation RICHMOND—Governor Ralph Northam today announced that BimmerWorld, a leading BMW parts supplier, will invest $1 million to expand its operation in Pulaski County.
07.22.2019

Governor Northam Announces Over 50 New Jobs in Fairfax County

Aireon, LLC to expand Northern Virginia headquarters RICHMOND—Governor Ralph Northam today announced that Aireon LLC, a provider of air traffic surveillance systems around the globe, will make a significant investment to expand its headquarters in Fairfax County.
07.11.2019

Augusta County Company Selected to Participate in Virginia's VALET Program

Two-year export program provides resources to support international business expansion RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of an Augusta County company, DASCOM Americas SBI LLC, into its two-year Virginia Leaders in Export Trade (VALET) program.
07.11.2019

Carroll County Company Selected to Participate in Virginia's VALET Program

Two-year export program provides resources to support international business expansion RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a Carroll County company, TAM - Thomas Automation Management, Inc., into its two-year Virginia Leaders in Export Trade (VALET) program.