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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09.16.2024
Space Mission Systems Provider to Expand in Loudoun County
Optimum Technologies LLC, which provides space flight hardware design, manufacturing, integration and test, will invest $999,000 to expand in Loudoun County, creating 40 new jobs.
09.12.2024
ATCC Expands Campus with a New Biomanufacturing Facility in Prince William County
American Type Culture Collection will invest $54.7 million to expand its bioresource center campus in Prince William County with a new biomanufacturing facility, creating 75 new jobs.
09.12.2024
Non-Woven Fabric Manufacturer to Open New Facility in Virginia
Shalag U.S., Inc., a manufacturer of non-woven fabric for use in manufactured products, will invest $16.6 million to open a new non-woven manufacturing and production facility in Mecklenburg County, creating 52 new jobs.
09.06.2024
Canon Virginia, Inc. to Expand Newport News Facility
Governor Glenn Youngkin announced that Canon Virginia, Inc., a leading global manufacturer of consumer and office products, will expand its manufacturing facility in the City of Newport News.
09.04.2024
KSB USA/North America to Expand Henrico County Facility
KSB USA/North America, a leading supplier of pumps and industrial valves, will invest $25 million to expand its Henrico County facility, creating 32 new jobs.
08.29.2024
Third-Party Logistics Provider to Expand in Wythe County
Camrett Logistics, a full-service third-party logistics (3PL) company headquartered in the town of Wytheville, will invest $575,000 to expand in Wythe County, creating 10 new jobs.
08.23.2024
Desi Fresh Foods Brings 56 Jobs to Frederick County with Virginia Facility
Governor Glenn Youngkin announced that Desi Fresh Foods, a leading U.S. producer of South Asian yogurt, will invest a significant amount of money to open a new manufacturing facility in Frederick County, Va.
08.22.2024
RBW Sports & Classics to Establish New Facility in Virginia
Governor Glenn Youngkin announced that RBW Sports & Classics, the United Kingdom’s only manufacturer of hand-built electric classic sports cars, will invest $8 million to establish a manufacturing facility in Virginia.
08.08.2024
America’s Top State for Business Announces $126 Million in Virginia Business Ready Sites Program Grants
Governor Glenn Youngkin awarded a total of $126 million in Virginia Business Ready Sites Program (VBRSP) development grants for 23 sites across the Commonwealth.
07.18.2024
Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program
11 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program and 14 companies have joined the two-year program.
07.11.2024
Governor Glenn Youngkin Announces CNBC Names Virginia “America’s Top State for Business”
The annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness to determine which states are delivering most effectively on the things that mean the most to business.
07.10.2024
Electronic Connector Manufacturer Virginia Panel Corporation to Expand in Virginia
Virginia Panel Corporation is investing $11 million to relocate and expand its current machine shop and implement an enterprise manufacturing system and implement an enterprise manufacturing system in the City of Waynesboro.
07.09.2024
Submarine Cable Manufacturer to Locate in Virginia
LS GreenLink to invest over $680 million to locate HVDC submarine cable manufacturing facility in the City of Chesapeake, creating over 330 new jobs.
07.08.2024
Specialty Mining Equipment Manufacturer to Expand in Virginia
Simmons Equipment Company, a specialty mining equipment manufacturer, will invest $8.5 million to expand manufacturing operations into Russell County, creating 75 new jobs.
06.25.2024
International Mining Equipment Manufacturer Liebherr Mining Equipment to Expand in Virginia
Liebherr Mining Equipment, an international leader in the production of industrial mining equipment, will invest $72.3 million in a plant expansion in the City of Newport News and the City of Hampton.
06.24.2024
Virginia Ranked No. 1 in Nation for Customized Workforce Training
Virginia is ranked No. 1 in the United States for Customized Workforce Training in the 20th annual Business Facilities Rankings Report for the second year in a row.
06.18.2024
Evaporative Technologies Company Condair to Expand in Virginia
Condair Group AG, an international evaporative technologies manufacturing company, will invest $57.2 million to establish a new production facility in Chesterfield County, creating 180 new jobs.
06.11.2024
National Utility Trailer Manufacturer Carry-On Trailer to Expand in Virginia
Carry-On Trailer, a leading manufacturer of steel and utility trailers, will invest $9.2 million to increase capacity at its facility in Westmoreland County, creating 60 new jobs.