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.

Tom Walker, founder and CEO of DroneUp, a provider of drone delivery and flight services discusses DroneUp’s history and growth in Virginia, and the company’s work to grow the unmanned industry in Virginia through a unique educational partnership.

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.

Paul's Fan Company in Buchanan County was founded in 1958 as a small machine shop servicing the coal mining industry. It evolved over the years to expand its focus and, thanks to strong growth in the early 2000s, eventually purchased the Jeffrey Fans line from construction equipment giant Caterpillar. 

Virginia’s higher education system, consistently ranked as one of the best in the country, is well established as an elite talent incubator. But the Commonwealth’s universities, both public and private, also serve as a launching pad for startup companies.