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).
New advanced manufacturing technology is delivering new levels of precision, production, safety and sustainability - thanks to investments and collaboration across Virginia.
Booming Virginia clusters provide a supply chain blueprint for increasing drug accessibility, affordability.
Virginia food and beverage processors drive sustainability through production practices.
Roanoke’s biotech project is one example of how Virginia’s cities, counties, and regions are preparing the land and spaces that will house tomorrow’s industry, from labs designed for tiny startups to megasites that are project-ready for manufacturing and logistical use.
AttainX, Inc., a women-owned federal technology contractor, will invest $175,000 to expand its operations in Fairfax County, creating 32 new jobs.
RICHMOND - Governor McAuliffe today announced that Pacific Life Insurance Company will invest nearly $4 million to open a business center in the City of Lynchburg, expanding the company’s suite of innovative products and service capabilities. With this investment, the company completed an acquisition of the term life new business platform from Genworth Financial. The project will create 300 new jobs.
The United States, Australia and the United Kingdom formalized a trilateral security partnership poised to grow demand for Virginia-built submarines.