American Merchant, Inc. to invest $19.9 million to establish first U.S. textiles manufacturing operation
Global Technical Systems to invest $54.7 million to build 500,000-square-foot green energy facility
Plan details strategies to position the Commonwealth and Central Virginia for faster growth
RICHMOND - The Virginia Economic Development Partnership (VEDP) announced today that it has completed a five-year (FY19-FY23) Strategic Plan for Economic Development of the Commonwealth, as required by the Code of Virginia as part of VEDP reforms enacted by state leaders earlier this year.
idX Corporation to expand Virginia manufacturing operation, invest $2.68 million
FREDERICKSBURG - Governor Terry McAuliffe today announced that idX Corporation, the preeminent supplier of global solutions for retail environments, will invest $2.68 million to expand its manufacturing operation in Spotsylvania County. Virginia successfully competed against North Carolina for the project, which will create 25 new jobs.
Commonwealth moves up in annual survey that ranks business costs, labor supply, regulatory environment, economic climate, growth prospects, and quality of life
SWaM-certified Hutchins & Hutchins to invest $224,000 to expand distribution facility
RICHMOND - Governor Terry McAuliffe today announced that Hutchins & Hutchins, a SWaM-certified small business that assembles and distributes cleanroom supplies and equipment, will invest $224,000 to expand in Augusta County. The company is adding government and industrial contracts and will expand its warehouse to accommodate the growth. The project will create 15 new jobs.
American Institutes for Research to invest $12.5 million to relocate major operations to Virginia
RICHMOND - Governor Terry McAuliffe today announced that the American Institutes for Research (AIR), one of the world’s largest behavioral and social science research and evaluation organizations, will invest $12.5 million to relocate its major operations from Washington, D.C. to Arlington County. The project will create 320 new jobs.
Hampton Dowling elected Chairman of committee established to advise VEDP Board of Directors on international trade and trade promotion
RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the appointment of its new Committee on International Trade.
SAP National Security Services to invest $6 million to expand IT and cybersecurity operation
RICHMOND - Governor Terry McAuliffe today announced that SAP National Security Services, Inc. (SAP NS2®), a provider of national security and critical infrastructure solutions, will invest $6 million to expand its operation in Fairfax County. Virginia successfully competed against Maryland and Pennsylvania for the project, which will create 95 new jobs.
TruckVault to invest $1.5 million to establish manufacturing operation
RICHMOND - Governor Terry McAuliffe today announced that TruckVault, Inc., the leading manufacturer of secure in-vehicle equipment storage solutions in the sport, public safety, and commercial fleet markets, will invest $1.5 million to establish a manufacturing operation in Shenandoah County. Virginia successfully competed against Kentucky for the project, which will create 60 new jobs when at full capacity.