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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07.13.2018
Arlington County Company Selected to Participate in Virginia's VALET Program
Two-year export program provides resources to support international business expansion RICHMOND, VA — The Virginia Economic Development Partnership (VEDP) today announced the acceptance of an Arlington County company, SYNEXXUS, Inc., into its two-year Virginia Leaders in Export Trade (VALET) program.
07.12.2018
Governor Northam Announces $6.5 Million Investment in Bedford County
Smyth Companies to upgrade equipment at printing operation, retrain 28 employees RICHMOND—Governor Ralph Northam today announced that Smyth Companies, a leader in the printing and packaging industry, has invested $6.5 million in new equipment at its printing operation in the Town of Bedford in Bedford County.
07.11.2018
Virginia Companies Increase International Sales through Commonwealth’s Premier Exporting Program
Thirteen Virginia companies recognized for completing two-year international business acceleration program RICHMOND—Governor Ralph Northam today announced that 13 companies from across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program.
07.09.2018
Governor Northam Announces Auxiliary Systems Inc. to Expand in the City of Norfolk
Company to retrain 65 employees on new equipment RICHMOND—Governor Ralph Northam today announced that Auxiliary Systems Inc., an auxiliary system manufacturer for commercial and government clients in the marine industry, will invest $220,000 to upgrade its water jet cutting machine in the City of Norfolk.
06.28.2018
Governor Northam Announces IMS Gear to Invest $1.05 Million in the City of Virginia Beach
Company to retrain 115 employees on new equipment RICHMOND—Governor Ralph Northam today announced that IMS Gear, a German-based manufacturer of automotive equipment, will invest $1.05 million to upgrade its CNC cutting machine in the City of Virginia Beach.
06.26.2018
Governor Northam Announces Partnership to Promote Hiring at Newport News Shipbuilding
Company seeking to hire nearly 7,000 people over five years NEWPORT NEWS—Governor Ralph Northam today announced that the Commonwealth of Virginia is initiating a unique partnership with Huntington Ingalls Industries’ (NYSE:HII) Newport News Shipbuilding division to support a major hiring initiative.
06.25.2018
Governor Northam Announces 190 New Jobs in Henrico County
Dominion Outsourcing LLC to expand client engagement center RICHMOND—Governor Ralph Northam today announced that Dominion Outsourcing LLC, a provider of outsourced services for the healthcare industry, will invest $370,000 to expand its client engagement center in Henrico County.
06.21.2018
Governor Northam Announces Magnets USA to Invest $1.5 Million in Roanoke County Operation
Company to retrain 70 employees on new equipment RICHMOND—Governor Ralph Northam today announced that Magnets USA, a manufacturer of primarily magnetic and paper promotional products, will invest $1.5 million in its operation in Roanoke County.
06.04.2018
Governor Northam Announces 31 New Jobs in the City of Covington
SchaeferRolls, Inc. will invest $12 million to establish manufacturing operation to supply WestRock Company RICHMOND—Governor Ralph Northam today announced that SchaeferRolls, Inc., a producer of polymer-based roll covers and a wholly-owned subsidiary of SchäferRolls GmbH & Co.
06.01.2018
Governor Northam Announces 31 New Jobs, Nearly $1 Million Investment in Northampton County
New Ravenna to expand tile design and manufacturing operation NORTHAMPTON COUNTY—Governor Ralph Northam today announced that New Ravenna, a designer and manufacturer of tiles for custom residential and commercial installations, will invest more than $900,000 to expand its manufacturing operation in Northampton County.
05.31.2018
Governor Northam Announces 18 New Jobs in Hanover County
Delta Pure Filtration, LLC to invest $2 million to expand manufacturing operation RICHMOND—Governor Ralph Northam today announced that Delta Pure Filtration, LLC, a manufacturer of cartridge filters and systems for water and various process fluids, will invest $2 million to expand its manufacturing operation in Hanover County.
05.29.2018
Governor Northam Announces 20 New Jobs in Augusta County
Provides US, Inc. to expand manufacturing operation RICHMOND—Governor Ralph Northam today announced that Provides US, Inc., a manufacturer of heat exchangers, will invest $897,000 to expand its operation in Augusta County.
05.22.2018
Governor Northam Announces 120 New Jobs in Fairfax County
The College Board to expand, will retain more than 600 existing jobs RICHMOND—Governor Ralph Northam today announced that The College Board, a non-profit organization formed in 1900 to broaden access to higher education, will grow its operation in Fairfax County, expanding into an additional 74,000 square feet in Reston Town Center.
05.21.2018
Governor Northam Announces 141 New Jobs in Henrico County
TemperPack to invest $10.4 million to establish packaging manufacturing operation RICHMOND—Governor Ralph Northam today announced that TemperPack, a Richmond-headquartered manufacturer of sustainable thermal insulation for the shipment of perishable goods, will invest $10.4 million to establish a manufacturing operation in Henrico County.
05.03.2018
Three Virginia Companies Receive Trade & Industry Development CiCi Awards
American Merchant and Navy Federal Credit Union recognized for Community Impact; Facebook recognized for Corporate Investment RICHMOND —Virginia Economic Development Partnership (VEDP) today announced that three Virginia companies have been named recipients of Trade & Industry Development’s 13th annual CiCi (Corporate Investment & Community Impact) Awards.
05.01.2018
Governor Northam Announces 69 New Jobs in Albemarle County
CoConstruct to expand IT operation RICHMOND - Governor Ralph Northam today announced that CoConstruct, a web-based project management system for custom home builders and remodelers, will invest $485,000 to expand its IT operation in Albemarle County. The project will create 69 new jobs.