Armed Forces Brewing Company, a military tribute beer company, will establish its headquarters and first brewing facility in the City of Norfolk.

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced a partnership with 24 private sector providers that will offer services to companies in the 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.

Governor Glenn Youngkin today announced the establishment of the Virginia Offshore Wind Supplier Development Grant, a new program designed to incentivize smaller existing Virginia manufacturers.

Governor Glenn Youngkin today announced that 11 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program.

Fortreum, LLC, a Virginia-founded cloud computing and cybersecurity advisory company, will invest $125,000 to establish its headquarters in Loudoun County.

Virginia offers sales and use tax exemptions for use by a farmer for purchase of tangible personal property for use in producing agricultural products for market, medicine and drugs sold to a veterinarian, or property used to produce agricultural products for market in an indoor, closed, controlled environment commercial agricultural facility.

Wabtec, a leading manufacturer for the heavy rail and rail transit industries worldwide, to invest $2.7 million to increase capacity in the City of Salem, creating 38 new jobs.

Laser Thermal, a Virginia-founded nanotechnology company, to invest $2.9 million to increase R&D capacity in the City of Charlottesville, creating 28 new jobs.