As consumers’ increasing demand for safe, sustainable, locally grown food increases, Virginia provides the ideal home for controlled environment agriculture (CEA) companies. As a top state in the CEA industry, Virginia offers a mid-Atlantic location with strategic access to domestic consumer markets, access to plentiful natural resources and competitively priced electricity, a skilled talent pipeline, and exceptional partners like the Virginia Department of Agriculture and Consumer Services (VDACS).
DroneUp, LLC, a leading drone flight services innovator and aviation technology provider, will invest $27.2 million to expand its headquarters in the City of Virginia Beach and establish a training center in Dinwiddie County.
Coronado Global Resources Inc., a leading international producer of high-quality metallurgical coal, plans to commit $169.1 million to expand its Buchanan Mine Complex in Buchanan County and Tazewell County.
Hilton, the leading global hospitality company, will retain its headquarters in Fairfax County, including upgrades to its facility in McLean. Hilton plans to create 350 net new headquarters jobs over the next five years.
Unilock, North America's premier manufacturer of concrete interlocking paving stones and segmental wall products, will invest $55.6 million to establish a manufacturing campus in Hanover County.
Danone North America, Rockingham County
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 11 companies into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to international exporting as a growth strategy. To participate, each business must meet both quantitative and qualitative selection criteria, and participating firms are chosen based on their dedication to growing export sales. To date, 404 Virginia companies have been accepted to participate in the VALET program.