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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

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

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.
01.10.2018

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.
01.05.2018

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.
12.05.2017

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.