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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01.18.2018
Bedford 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 Bedford County company, Blue Ridge Optics, LLC, into its two-year Virginia Leaders in Export Trade (VALET) program.
01.18.2018
City of Galax 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 City of Galax company, Boss Lumber (Mediterranean Corporation), into its two-year Virginia Leaders in Export Trade (VALET) program.
01.18.2018
City of Chesapeake 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 City of Chesapeake company, DESMI Inc., into its two-year Virginia Leaders in Export Trade (VALET) program.
01.18.2018
Two Fairfax County Companies 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 two Fairfax County companies, Harris Healthcare and Trident Systems Incorporated, into its two-year Virginia Leaders in Export Trade (VALET) program.
01.18.2018
City of Norfolk 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 City of Norfolk company, Instant Systems, into its two-year Virginia Leaders in Export Trade (VALET) program.
01.12.2018
Governor McAuliffe Announces Electric Motor & Contracting to Invest $3 Million to Expand in the City of Chesapeake
Company to retrain 130 employees with support from the Virginia Jobs Investment Program RICHMOND - Governor Terry McAuliffe today announced that Electric Motor & Contracting (EMC) will invest $3 million to expand its manufacturing operation in the City of Chesapeake.
01.11.2018
Governor McAuliffe Announces $10 Million Investment in the City of Chesapeake
Sumitomo Machinery Corporation of America to create 26 new jobs, expand manufacturing operation RICHMOND - Governor Terry McAuliffe today announced that Sumitomo Machinery Corporation of America (SMA) will invest $10 million to expand its manufacturing operation in the City of Chesapeake.
01.10.2018
Governor McAuliffe Announces 70 New Jobs in Pittsylvania County
Amthor International to invest $7.1 million to expand manufacturing operation RICHMOND - Governor Terry McAuliffe today announced that Amthor International, the largest tanker truck manufacturer in North America, will invest $7.1 million to expand its manufacturing operation in Pittsylvania County.
01.10.2018
Governor McAuliffe Announces $45.2 Million Investment in Prince George County
Service Center Metals to invest $45.2 million to expand manufacturing operation RICHMOND - Governor Terry McAuliffe today announced that Service Center Metals (SCM), a manufacturer of aluminum extrusions, will invest $45.2 million to expand manufacturing capabilities at its headquarters operation in the SouthPoint Business Park in Prince George County.
01.08.2018
Governor McAuliffe Announces $10 Million Investment in Rockbridge County
Mohawk Industries, Inc.
01.05.2018
Governor McAuliffe Announces 83 New Jobs in Giles County
Interstate Group LLC to invest $4.1 million to establish East Coast manufacturing and distribution operation GLEN LYN - Governor Terry McAuliffe today announced that Interstate Group LLC, an industry leader in the manufacturing and sale of enclosed cargo trailers, will invest $4.1 million to establish a 100,000-square-foot East Coast manufacturing and distribution operation in the former GE Fairchild Mining Equipment plant in Giles County.
01.04.2018
Governor McAuliffe Announces 115 New Jobs in the City of Roanoke
Atlantic Credit and Finance, a subsidiary of Encore Capital Group, to invest $4 million for expansion RICHMOND - Governor Terry McAuliffe today announced that Atlantic Credit and Finance, (ACF), a subsidiary of Encore Capital Group, and a leading servicer of unsecured, consumer-distressed assets, will invest $4 million to expand its operations in the City of Roanoke.
12.20.2017
Governor McAuliffe Announces 72 New Jobs in the City of Norfolk
Instant Systems to invest more than $900,000 to expand biotechnology packaging operation, retrain employees on new equipment RICHMOND - Governor Terry McAuliffe today announced that Instant Systems, a manufacturer of custom, medical-grade bags for processing, storage, and transport of biological materials, will invest over $900,000 to expand in the City of Norfolk.
12.19.2017
Governor McAuliffe Announces 20 New Jobs in Loudoun County
Defense Technology Equipment to invest $866,500, expand aerospace operation RICHMOND - Governor Terry McAuliffe today announced that Defense Technology Equipment, Inc.
12.12.2017
Governor McAuliffe Announces 405 New Jobs in the City of Bristol
American Merchant, Inc. to invest $19.9 million to establish first U.S.
12.05.2017
Governor McAuliffe Announces 1,110 New Jobs in the City of Virginia Beach
Global Technical Systems to invest $54.7 million to build 500,000-square-foot green energy facility VIRGINIA BEACH - Governor Terry McAuliffe today announced that Global Technical Systems (GTS), a premier provider of advanced engineering solutions for defense, homeland security, and related U.S.
12.01.2017
VEDP Completes Strategic Plan for Economic Development of the Commonwealth
Plan details strategies to position the Commonwealth and Central Virginia for faster growth RICHMOND - The Virginia Economic Development Partnership (VEDP) announced today that it has completed a five-year (FY19-FY23) Strategic Plan for Economic Development of the Commonwealth, as required by the Code of Virginia as part of VEDP reforms enacted by state leaders earlier this year.
11.29.2017
Governor McAuliffe Announces 25 New Jobs in Spotsylvania County
idX Corporation to expand Virginia manufacturing operation, invest $2.68 million FREDERICKSBURG - Governor Terry McAuliffe today announced that idX Corporation, the preeminent supplier of global solutions for retail environments, will invest $2.68 million to expand its manufacturing operation in Spotsylvania County.