Hollingsworth & Vose (H&V), a global manufacturer of advanced materials used in filtration, battery, and industrial applications, will invest $40.2 million to expand its operation in Floyd County.

Apex Mills, a specialty supplier and manufacturer of warp knit fabrics, will invest $3.1 million to expand its East Coast presence by acquiring the former HanesBrands facility and its equipment in Patrick County.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the acceptance of a City of Virginia Beach company, RMGS, Inc., into its two-year Virginia Leaders in Export Trade (VALET) program. Launched in January 2002, the program assists exporters in the Commonwealth that have firmly established domestic operations and are committed to international exporting as an expansion strategy. Participating firms are chosen based on their dedication to growing their export sales.

PS-Fertility, Inc., a life sciences start-up that will commercialize a novel male fertility diagnostic technology originally developed at UVA, will invest $1.4 million to establish an operation in Albemarle County.

The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 12 companies into its two-year Virginia Leaders in Export Trade (VALET) program.