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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12.10.2015
Governor McAuliffe Announces 16 New Jobs in Accomack County
RICHMOND - Governor Terry McAuliffe announced today that KmX Chemical Corporation will invest $2.075 million to expand its solvent reclamation facility in Accomack County.
12.01.2015
Governor McAuliffe Announces Carfax Expansion in Fairfax and Loudoun Counties
RICHMOND - Governor Terry McAuliffe announced today that Carfax®, the leading provider of vehicle history information for buyers, sellers, and owners of pre-owned cars in the United States, will invest $5 million to expand its headquarters in Fairfax County, creating 120 new jobs.
11.17.2015
Euclid Systems Corporation Recipient of 2015 Commonwealth of Virginia Governor’s Award for Excellence in International Trade
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that Euclid Systems Corporation received the 2015 Commonwealth of Virginia Governor’s Award for Excellence in International Trade.
11.13.2015
Governor McAuliffe Announces Fourth Microsoft Expansion in Mecklenburg County
- Governor Terry McAuliffe announced today that Microsoft Corp. will invest $402.4 million to expand its data center site in Mecklenburg County and increase capacity to serve its growing customer base. Virginia successfully competed against other sites in the U.S.
11.09.2015
Virginia Companies Anticipate Business Success from VEDP Southeast Asia Trade Mission
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that several Virginia companies anticipate business success following participation in the 2015 Southeast Asia Trade Mission that took place October 26-30, 2015.
11.05.2015
U.S. Trade Representative Michael Froman Opens 67th Annual Virginia Conference on World Trade
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that U.S. Trade Representative Michael Froman, the chief United States official on international trade, opened the 67th Virginia Conference on World Trade in Norfolk this morning.
10.28.2015
Governor McAuliffe Announces 24 New Jobs in Wise County
RICHMOND - Governor Terry McAuliffe announced today that NorrisBuilt Fabrication LLC will invest $1.5 million to expand its welding and fabrication operation in Wise County. The company recently acquired the MDJ Machine Shop, expanding its service offerings and customer base.
10.26.2015
Fairfax County Chamber of Commerce Joins Virginia International Trade Alliance (VITAL)
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that the Fairfax County Chamber of Commerce (Fairfax Chamber) will partner with the Virginia International Trade Alliance (VITAL), an initiative to increase international trade in Virginia.
10.22.2015
Governor McAuliffe Announces Trex Company Expansion in City of Winchester and Frederick County
RICHMOND - Governor Terry McAuliffe announced today Trex Company (NYSE: TREX), the world’s largest manufacturer of high-performance wood-alternative decking and railing, has invested $12.3 million in the City of Winchester and $3.1 million in Frederick County to expand its manufacturing operations.
10.21.2015
Governor McAuliffe Announces 300 New Jobs in Scott County
RICHMOND - Governor Terry McAuliffe announced today that TeleTech Holdings, Inc. (NASDAQ: TTEC), a leading provider of customer experience, engagement and growth solutions, will invest $4.07 million to establish a customer experience center in Scott County.
10.16.2015
Governor McAuliffe Announces 50 New Jobs in Appomattox County
RICHMOND - Governor Terry McAuliffe announced today that Xpress Natural Gas (XNG) will invest $7.8 million to establish a natural gas supply operation in the Appomattox Center for Business and Commerce in Appomattox County.
10.15.2015
Northland Forest Products Increases Export Sales as Result of International Trade Programs
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that Northland Forest Products (NFP) has increased sales into its export markets as a result of VEDP’s international trade programs.
10.15.2015
Governor McAuliffe Announces 15 New Jobs in Tazewell County
RICHMOND - Governor Terry McAuliffe announced today that Blue Wolf, a manufacturer and supplier of professional quality industrial strength cleaners for the wholesale and retail market, will invest $1.56 million to expand its operation in Tazewell County.
10.07.2015
Governor McAuliffe Announces 79 New Jobs in Wythe County
RICHMOND - Governor Terry McAuliffe announced today that Schaffner MTC Transformers, a developer and manufacturer of standard and custom components and high-performance transformers, will invest $3.1 million to expand its operation in the Town of Wytheville in Wythe County.
09.28.2015
Governor McAuliffe Announces $38.1 Million Volvo Group Investment in Pulaski County
RICHMOND - Governor Terry McAuliffe announced today that the Volvo Group will invest $38.1 million at the New River Valley (NRV) assembly facility in Pulaski County, where all Volvo Trucks models for North America are assembled.
09.28.2015
Virginia Defense Company Wins Third Major Contract with Saudi Arabia
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that Trident Systems Incorporated has signed a new contract valued at $3.2 million with Saudi Arabia for unattended ground sensors.
09.24.2015
Virginia Defense Companies Secure Business from 2015 Canadian Defense, Security and Aerospace Exhibition
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced that several Virginia defense companies are touting business success following participation in the 2015 Canadian Defense, Security and Aerospace Exhibition Atlantic (DEFSEC Atlantic) that took place September 8-10 in Halifax, Nova Scotia, Canada.
09.22.2015
VEDP Board of Directors Announces New Legislation and Policy Committee
RICHMOND - The Virginia Economic Development Partnership (VEDP) Board of Directors today announced the establishment of a new Legislation and Policy Committee.