Virginia News & Features

Partnerships Fuel Growth in Roanoke, Blacksburg

Our Quarterly Publication: Virginia Economic Review

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Virginia Life Sciences Ecosystem Helps Make Research Breakthroughs Reality

Accelerators and investors help startups refine ideas and prove promising concepts.

GlaxoSmithKline Hits the Ground Running in Richmond

The pharmaceutical giant leverages the Virginia Talent Accelerator Program to staff up quickly.

Helping Life Sciences Companies Succeed: A Conversation with John Newby

VEDP Interim President and CEO Jason El Koubi spoke with John Newby, CEO of Virginia Bio about recent life sciences success stories in the Commonwealth and Virginia Bio’s efforts to grow the industry, including the recently announced industry hub, Virginia Bio-Connect.

Nurturing Innovation in the Life Sciences: A Conversation With Chandra Briggman

VEDP Interim President and CEO Jason El Koubi spoke with Chandra Briggman, president and CEO of Activation Capital about her organization’s mission and activities, the pharmaceutical cluster emerging in Richmond and Petersburg, and the nuances of supporting life sciences investment during a global pandemic.

Press Releases

Massimo Zanetti Beverage USA to Expand in Virginia, Creating 79 New Jobs

June 27, 2022

Massimo Zanetti Beverage USA, one of the largest vertically integrated coffee companies in North America, will invest $29.1 million to consolidate and expand operations at its roasting facility in the City of Suffolk.

Hanley Energy to Expand in Virginia, Creating 343 New Jobs

June 23, 2022

Hanley Energy, Irish-owned global innovators in Critical Power and Energy Management solutions, will invest $8 million to expand its Hanley Energy Electrical division in Loudoun County.

The LEGO Group to Establish U.S. Manufacturing Plant in Virginia, Creating Over 1,760 New Jobs

June 15, 2022

The LEGO Group will invest over $1 billion to construct its U.S. manufacturing plant in Chesterfield County. The company will construct a new 1.7 million-square-foot precision manufacturing facility, creating over 1,760 new jobs.