Intact Technology, a software consulting and managed services firm, will invest $1.5 million to establish a second Virginia location in the City of Richmond.
CoStar Group, Inc., a leading provider of real estate information, analytics, and online marketplaces, expects to invest more than $460 million to expand in Richmond.
VFP Inc., a producer of custom-designed enclosures used to protect critical infrastructure for telecommunications, public-safety radio, data centers, and utility projects, will invest $7.2 million to expand its operation in Scott County.
SimpliSafe, a leading producer of self-installed home security systems, will expand operations in Henrico County. The company will establish a new customer security monitoring service center.
Haleon, Richmond
RICHMOND—Governor Ralph Northam today announced that Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, will invest $7 million to establish a manufacturing facility in Rockbridge County. The company will convert its former warehouse located at 360 Collierstown Road into an operation producing highly engineered data center cooling solutions. Virginia successfully competed with several other states for the project, which will create 60 new jobs after full ramp-up.
Amazon HQ2, Arlington
RICHMOND—Governor Ralph Northam today announced that Moog Inc. (NYSE: MOG.A and MOG.B), a designer and manufacturer of high-performance motion control products and solutions, will invest $10.7 million to transfer existing jobs and equipment from one of its Blacksburg facilities to a larger building in the Falling Branch Corporate Park in Montgomery County. The company will have an additional 80,000 square feet at its new operation in Christiansburg to accommodate increased customers and demand and focus on production of its slip ring products for the industrial marketplace.
Microsoft Rendering, Fairfax County