Breaking ground, making headlines

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.

Mohawk Industries, Inc.

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.

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.

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.

Defense Technology Equipment to invest $866,500, expand aerospace operation RICHMOND - Governor Terry McAuliffe today announced that Defense Technology Equipment, Inc.

American Merchant, Inc. to invest $19.9 million to establish first U.S.

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.

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.

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.

Commonwealth moves up in annual survey that ranks business costs, labor supply, regulatory environment, economic climate, growth prospects, and quality of life RICHMOND - Governor Terry McAuliffe today announced that Virginia was named No.5 in the Forbes.com 2017 Best States for Business ranking.

SWaM-certified Hutchins & Hutchins to invest $224,000 to expand distribution facility RICHMOND - Governor Terry McAuliffe today announced that Hutchins & Hutchins, a SWaM-certified small business that assembles and distributes cleanroom supplies and equipment, will invest $224,000 to expand in Augusta County.

American Institutes for Research to invest $12.5 million to relocate major operations to Virginia RICHMOND - Governor Terry McAuliffe today announced that the American Institutes for Research (AIR), one of the world’s largest behavioral and social science research and evaluation organizations, will invest $12.5 million to relocate its major operations from Washington, D.C.

Hampton Dowling elected Chairman of committee established to advise VEDP Board of Directors on international trade and trade promotion RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the appointment of its new Committee on International Trade.

SAP National Security Services to invest $6 million to expand IT and cybersecurity operation RICHMOND - Governor Terry McAuliffe today announced that SAP National Security Services, Inc.

TruckVault to invest $1.5 million to establish manufacturing operation RICHMOND - Governor Terry McAuliffe today announced that TruckVault, Inc., the leading manufacturer of secure in-vehicle equipment storage solutions in the sport, public safety, and commercial fleet markets, will invest $1.5 million to establish a manufacturing operation in Shenandoah County.

Seven Virginia communities to receive site remediation funding from Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund RICHMOND - Governor Terry McAuliffe today announced approximately $2.57 million in Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF) Site Remediation Grants for seven localities in the Commonwealth including Henrico and Prince Edward Counties; the Cities of Danville, Newport News, Norfolk, and Richmond; and the Town of South Hill.

American Electric Power Co. to invest $12.7 million to establish AEP Transmission operation in downtown Roanoke ROANOKE - Governor Terry McAuliffe today announced that American Electric Power Co. (AEP) will invest $12.7 million to establish its AEP Transmission operation in the City of Roanoke.