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.
Tyson Foods, Inc., one of the world’s largest food companies, will invest $300 million to establish a manufacturing facility in the City of Danville and Pittsylvania County.
Prism Maritime LLC, a full-service provider of maritime support services to the U.S. government, will invest $4 million to expand in the City of Chesapeake.
Governor Ralph Northam announced the launch of the nation’s first official state-led Supply Chain Optimization Program.
RICHMOND - Governor Terry McAuliffe today announced that Virginia was ranked in Area Development magazine’s 2017 “Top States for Doing Business” annual survey for the first time since 2010. Overall, the Commonwealth placed eleventh out of twenty states ranked in the prestigious annual site consultants’ survey, which also debuted in 2010.
Kegerreis Digital Marketing, an integrated marketing and analytics company, will invest $1.7 million to relocate its headquarters from Pennsylvania to the City of Danville.
CAVA, a Washington, D.C.-based fast-casual Mediterranean restaurant chain, will invest over $30 million to establish a new processing and packaging operation in Augusta County.