UDig invests $1.6 million to expand IT headquarters operation

RICHMOND - Governor Ralph Northam today announced that UDig, a consulting firm that develops technology business solutions, has invested $1.6 million to expand its IT headquarters operation in Henrico County. The company purchased the 23,000-square-foot Page building located in the Forest Office Park. Virginia successfully competed against Georgia, Maryland, North Carolina, and Washington, D.C. for the project, which will create 51 new jobs.

MicroStrategy Incorporated plans to add jobs and invest $6 million in capital improvements following headquarters lease renewal 

The Port of Virginia Economic and Infrastructure Development Grant (EID Grant) is designed to incentivize companies to locate new maritime-related employment centers or expand existing centers to encourage growth of facilitate cargo growth at The Port of Virginia. EID Grants are administered by the Virginia Port Authority.

For additional program information, refer to Growth Incentive Grants.
 

 

Top automotive companies choose to locate or expand in Virginia for its thriving automotive ecosystem, skilled workforce, innovative culture, outstanding logistical advantages, competitive cost of doing business, and top-ranked business climate. In the past decade, over 80 automotive projects have been announced in Virginia, representing more than 8,000 jobs and $4.5 billion in investment.

With a thriving industrial and innovation ecosystem, a top-ranked business climate, and a highly skilled workforce, Virginia is an outstanding choice for aerospace and unmanned aerial systems (UAS) companies. In the past decade, 60 aerospace and UAS projects have been announced in Virginia, representing over 4,600 jobs and over $865 million in investment.

Over the last few decades, the Commonwealth of Virginia has become one of North America’s premier locations for the tech sector. Thousands of tech firms and tech industry leaders have been attracted to Virginia by its combination of diverse, world-class talent, exceptional quality of life, attractive business climate, and competitive costs. 

Building on a rich history of federal investments in fiber optics as well as pioneering tax advantages, Virginia hosts the largest data center market in the world and is home to more than 35% (~150) of all known hyperscale data centers worldwide.