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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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.
12.04.2024
AttainX to Expand Cybersecurity Operations in Fairfax County
AttainX, Inc., a women-owned federal technology contractor, will invest $175,000 to expand its operations in Fairfax County, creating 32 new jobs.
11.25.2024
Carolina Structural Systems to Establish New Manufacturing Facility in Greensville County
Carolina Structural Systems, a manufacturer of custom wood trusses and other structural wood products, will invest $5.5 million to establish a new manufacturing facility in Greensville County, creating 58 new jobs.
11.22.2024
Wrap Technologies Relocates to Southwest Virginia, Expanding in Manufacturing, Defense, and Public Safety Tech Products, Creating 126 New Jobs
Governor Glenn Youngkin announced the relocation of Wrap Technologies to Southwest Virginia, marking a significant expansion of the company’s commitment to defense and public safety technology.
11.15.2024
Super Radiator Coils to Expand Operations in Chesterfield County
Super Radiator Coils, a family-owned engineering and manufacturing company, will invest $22 million to expand its operations in Chesterfield County, creating 160 new jobs.
11.13.2024
Microporous to Invest $1.35 Billion and Create Over 2,000 Jobs in Pittsylvania County
Microporous LLC, a leading manufacturer of battery separators, will invest $1.35 billion to establish a new manufacturing facility in Pittsylvania County, creating over 2,000 new jobs.
11.07.2024
AD Engineering to Expand Operations in Shenandoah County
AD Engineering, a small, women, and minority-owned company that manufactures insulated copper linesets, coils, and mini splits for HVAC equipment, will invest $1.21 million to expand its operations in Shenandoah County.
11.01.2024
CMC Electronics to Establish New Office and R&D Facility in Fairfax County
CMC Electronics, a leading global avionics manufacturer headquartered in Montreal, will invest $5 million to establish a new office and research and development facility in Reston, creating 89 new jobs over the coming years.
10.29.2024
Electro-Mechanical, LLC to Expand Operations into Washington County
Electro-Mechanical, LLC, a manufacturer of electrical equipment, will invest $16.55 million to expand its operations into Washington County and create over 109 new jobs.