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.
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.
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.
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.
RICHMOND - Governor Terry McAuliffe announced today that Grant Thornton LLP, a leading U.S. professional-services firm, will invest $15.75 million to consolidate offices and grow its presence across the Northern Virginia region. Virginia successfully competed against Washington, D.C. for the project, which will retain 994 jobs and create 348 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.
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.
Developed with input from over a hundred state, regional, and local partners and stakeholders, the five-year (FY25-FY29) Strategic Plan for Economic Development of the Commonwealth outlines an ambitious economic vision for Virginia and The Virginia Economic Development Partnership (VEDP).