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.

Global Technical Systems to invest $54.7 million to build 500,000-square-foot green energy facility 

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

Defense Technology Equipment to invest $866,500, expand aerospace operation 

RICHMOND - Governor Terry McAuliffe today announced that Defense Technology Equipment, Inc. (DTE), a provider of aviation logistics and procurement solutions for military and commercial platforms, will invest $866,500 to expand in Loudoun County. The project will create 20 new jobs.

The LEGO Group will invest over $1 billion to construct its U.S. manufacturing plant in Chesterfield County. The company will construct a new 1.7 million-square-foot precision manufacturing facility, creating over 1,760 new jobs.

Hanley Energy, Irish-owned global innovators in Critical Power and Energy Management solutions, will invest $8 million to expand its Hanley Energy Electrical division in Loudoun County.