Eastern Panel Manufacturing to expand manufacturing operation creating 15 new jobs
RICHMOND - Governor Ralph Northam today announced that Eastern Panel Manufacturing, Inc. (EPM), a custom plywood manufacturer, will invest $1 million to expand its manufacturing operation in Pittsylvania County. EPM will move to a 55,000-square-foot facility in the Chatham Industrial Park to accommodate future growth. This project will create 15 new jobs.
Cogar Manufacturing to invest $2.5 million to relocate and expand manufacturing operation
Company to retrain 63 employees through the Virginia Jobs Investment Program
Lighthouse Instruments to create 10 new jobs, expand medical manufacturing operation
RICHMOND - Governor Ralph Northam today announced that Lighthouse Instruments, a world leader in laser test and measurement systems for pharmaceutical process monitoring, will invest $4.8 million to expand its manufacturing operation in Albemarle County. The company will consolidate two locations in the county and build a new headquarters and manufacturing facility. The project will create 10 new jobs.
Forestry has long been a vital part of Virginia’s economy. Since timber was first shipped to England 400 years ago, the industry has grown to contribute more than $21 billion per year in industrial output. Companies continue to choose Virginia for its thriving industry ecosystem, outstanding logistical advantages, access to quality talent, and top-ranked business climate.
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.
Virginia has a long tradition of advanced materials manufacturing dating back to the early 19th century, when the Commonwealth emerged as a manufacturing leader in the United States. Today, a diverse array of advanced materials companies continue to locate or expand in Virginia, drawn by its thriving industry base and strong manufacturing culture, outstanding logistical advantages, skilled workforce, competitively priced utilities, and top-ranked business climate.
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.