RICHMOND—Governor Ralph Northam today announced that Katoen Natie Norfolk Inc., a plastics and polymers warehousing and distribution company and subsidiary of Katoen Natie, will invest $61 million to expand its freight distribution center in the City of Norfolk. The company will add a 243,000-square-foot warehouse and rail facility to its operation at 2424 Springfield Avenue and create 35 new jobs. Virginia successfully competed with Georgia, Maryland, and South Carolina for the project.
RICHMOND—Governor Ralph Northam today announced that STS Group AG, a leading global system supplier of interior and exterior parts for commercial vehicles, will invest $39 million to establish its first U.S. manufacturing operation in Wythe County’s Progress Park. The new facility, operating as subsidiary STS Group North America, will supply Volvo Trucks in Pulaski County and other truck and automotive facilities throughout the Midwest and Southeastern U.S. markets. Virginia successfully competed with North Carolina for the project, which will create 120 new jobs.
RICHMOND—Governor Ralph Northam today announced that SES, a Luxembourg-based telecommunications company, will invest $17 million to merge its satellite and network operations at a new facility in Prince William County. The company will consolidate operations, technology, engineering, and support functions at 8050 Piney Branch Lane, establishing a hub for the company’s technology and operations activities across the United States. Virginia successfully competed with Maryland and Washington, D.C. for the project, which will create up to 200 net new jobs by 2026.
RICHMOND—Governor Ralph Northam today announced that Oransi, a veteran-owned air purification company, will invest $5.6 million to establish its first manufacturing facility in the Plymouth Building at 113 Corporate Drive in the City of Radford. The operation will focus on developing and manufacturing the company’s best-in-class air purifiers for consumers, businesses, and professionals in the health, dental, and medical fields. Virginia successfully competed with North Carolina for the project, which will create 101 new jobs.
RICHMOND—Governor Ralph Northam today announced that J&J Truck Sales, Inc., a leading heavy duty truck sales and construction equipment sales and rental firm, will invest $5.2 million to expand its operation in Pittsylvania County. The company will establish a new 45,000-square-foot facility adjacent to its existing operation at 11453 U.S. Highway 29, increasing its automotive-based equipment repair, refurbishment, and fabrication capacity to better serve the Mid-Atlantic and Southeast construction markets.
RICHMOND—Governor Ralph Northam today announced that Zasti, Inc., an artificial intelligence (AI) technology company that develops innovative risk screening, predictive analytics, and climate change solutions for the healthcare industry, will invest $5.9 million to establish its U.S. headquarters and operations in Loudoun County. The company will utilize the facility to develop and embed ZASTI© AI platforms in diagnostic devices and enterprise IT systems to ensure product quality, supply chain security, and affordability.