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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04.03.2025
The Patton Logistics Group to Construct New Distribution and Warehouse Facility in Pulaski County
The Patton Logistics Group, a U.S. integrated supply chain company, will invest $10 million to build a new warehouse and distribution factory, making its second expansion in four years in Pulaski County.
03.26.2025
McClung Companies to Upgrade Machinery and Equipment in the City of Waynesboro
McClung Companies, a marketing, printing, and digital services business, will invest $4.6 million to upgrade printing equipment and management systems in the City of Waynesboro.
03.25.2025
Munters to Expand Manufacturing Facility in Botetourt County
Munters Corporation will invest $29.95 million to build a 200,000-square-foot expansion to its HVAC manufacturing facility in Botetourt County, creating 270 new jobs.
Luna Labs to Expand Research and Development Operations in Charlottesville
Governor Glenn Youngkin announced that Luna Labs USA, LLC, a product development company accelerating breakthrough solutions to multiple industries, will invest $200,000 to expand its operations in the City of Charlottesville
03.11.2025
TST Fabrication and Machine Expands Norfolk Headquarters
TST Fabrication and Machine, a service-disabled, veteran-owned metal fabrication company, will invest $3 million to expand their existing Norfolk headquarters, creating 56 jobs.
03.07.2025
ViDARR Inc. to Open New Manufacturing Facility in Virginia Beach
ViDARR Inc., a manufacturer of defense optical equipment, will invest $2.69 million over the next three years to open a new manufacturing facility in the City of Virginia Beach.
03.06.2025
Strickland Manufacturing Expands Operations in Goochland County
Strickland Manufacturing, an attachment manufacturer and distributor, will invest $3.3 million to expand its existing facility in Goochland County, creating 20 jobs.
02.28.2025
Oasthouse Ventures to Open Sustainable Indoor Farming Operations in Carroll County
Oasthouse Ventures Ltd., a leading sustainable business development firm in the United Kingdom, will invest $104.8 million to construct its first U.S.-based controlled environment agriculture operation in Carroll County.
02.28.2025
Clasen Quality Chocolate to Open New Manufacturing Facility in Virginia
Clasen Quality Chocolate, a U.S. manufacturer of chocolate, will invest $230 million to build a new production facility in Frederick County, creating 250 new jobs.
02.27.2025
Aspetto to Relocate and Expand Headquarters in Stafford County
Aspetto, Inc., a Virginia-based manufacturer of tactical gear and provider of cybersecurity and IT services for defense agencies, will relocate and expand its corporate headquarters in Stafford County, creating 98 jobs.
02.19.2025
Nodal Exchange to Expand Operations in Fairfax County
Nodal Exchange, LLC, North America's largest power futures exchange and a subsidiary of the Deutsche Boerse Group's EEX Group, will invest $300,000 to expand its operations in Fairfax County, creating 33 new jobs.
02.07.2025
Serioplast to Open Manufacturing Site in Shenandoah County
Serioplast, a global manufacturer of rigid plastic packaging, will invest $25,725,000 to occupy a 140,000-square-foot industrial facility in Shenandoah County, creating 45 new jobs.
02.05.2025
Five Virginia Communities Receive Grants to Restore Brownfield Sites
Governor Glenn Youngkin announced that five localities across the Commonwealth of Virginia received $1.5 million in Site Remediation Grants from the Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund
01.27.2025
Haleon Expands Richmond Research and Development Facility
Haleon, a leading global consumer health company, will invest $54.2 million to upgrade its research & development facility in the City of Richmond, enabling the company to acconodate innovative technologies and expand its res
01.22.2025
Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program
10 companies across the Commonwealth of Virginia are graduating from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, and 17 companies have joined the two-year program.
12.30.2024
Micron Technology to Expand Semiconductor Manufacturing Facility in Manassas
Micron Technology, Inc., one of the world's largest semiconductor companies, will invest up to $2.17 billion to expand its operation in the City of Manassas, creating 340 new jobs.
12.16.2024
Virginia Named Business Facilities’ 2024 State of the Year
Virginia has been named Business Facilities’ 2024 State of the Year, marking the third time the Commonwealth has received this top honor from the magazine.
12.06.2024
Cambridge Pavingstones With ArmorTec to Establish Manufacturing Facility in Pittsylvania County
Cambridge Pavers, Inc., a leading manufacturer of high-quality pavers, slabs, and wall systems, will invest $47.35 million to establish a new manufacturing facility in Pittsylvania County, creating 55 new jobs.