RICHMOND, VA — LS Cable & System Ltd. (“LS C&S”), a global leader in power and communication cable and system solutions, announced today plans for a significant additional investment in Chesapeake, Virginia. Undertaken through three LS C&S …
RICHMOND, VA — Eaton, an intelligent power management company, will invest over $50 million to expand its existing manufacturing footprint in Henrico County, Virginia, strengthening the production of critical power solutions. Upon completion, the project …
RICHMOND, VA — Cornerstone Building Brands will invest $4.9 million and create 50 new jobs to expand production capacity at its Rocky Mount, Virginia, campus. The Franklin County production facility manufactures the company’s PlyGem® brand Windows & …
RICHMOND, VA — Polyzent Trading, a Virginia-based startup specializing in the manufacturing of stretch film wrap used for industrial palletizing and shipping, will invest $1.1 million to develop the company’s first manufacturing site in Lynchburg. At full …
RICHMOND, VA — CleanArc Data Centers will invest $3 billion to construct a new state-of-the-art data center campus in Caroline County. At full capacity, the project will create 50 new jobs in the Commonwealth. Officially breaking ground today, the new …
RICHMOND — Virginia Economic Development Partnership today announced its partnership with Handshake, the largest career network for Gen Z, to support the state’s talent initiative InternshipsVA. The collaboration will strengthen internship pipelines and …
RICHMOND, VA — Modine, a diversified global leader in thermal management technology and solutions, will invest $19.6 million through 2029 in planned capital expenditures to expand its presence in Buena Vista, Virginia. The investment will fund a …
RICHMOND, VA — Ashworth Bros., Inc. today announced the company will invest $1,911,372 to support new automation processes at its conveyor belt manufacturing facility in the City of Winchester. Ashworth, a global company, is the only conveyor belt company …
RICHMOND, VA — Elbit Systems of America will expand its Roanoke County manufacturing facility, creating 288 new jobs in the Commonwealth. The facility, which produces low-light night vision devices for the defense industry, will undergo a historic $30 …
RICHMOND, VA — Vantage Data Centers will invest $2 billion to construct a new, state-of-the-art data center campus in Stafford County. At full capacity, the project will create 50 new jobs in the Commonwealth. Located just over an hour from Vantage’s …
RICHMOND, VA — Governor Glenn Youngkin today announced that CEL Critical Power, a global provider of critical power solutions, will invest $5.225 million to establish the company’s first American manufacturing facility in James City County. The investment …
RICHMOND, VA — Governor Glenn Youngkin today announced that Anchor Innovation, Inc., a service-disabled, veteran-owned small business headquartered in Virginia Beach, will invest $213,000 to expand company operations, creating 86 new jobs. “Anchor …
RICHMOND, VA — Governor Glenn Youngkin announced today that KCG Engineering Group, a veteran-owned, Hampton Roads-based firm specializing in advanced technology solutions for defense and government clients, will invest $185,000 to expand its footprint in …
RICHMOND, VA — Governor Glenn Youngkin today announced that VFP, Inc., a producer of custom-designed enclosures used to protect critical infrastructure, will invest $35 million to expand its operations in Scott County. This latest expansion is expected to …
RICHMOND, VA — Governor Glenn Youngkin announced today that Merck & Co., known as MSD outside of the United States and Canada, is starting construction on a $3 billion, 400,000-square-foot pharmaceutical manufacturing facility that will serve as Merck’ …
RICHMOND, VA — Governor Glenn Youngkin announced today that AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County. The project includes a new drug substance manufacturing facility focused on chronic diseases …
RICHMOND, VA — Governor Glenn Youngkin today announced that the Dover Food Retail family of companies will invest over $20 million to expand its Virginia operations by relocating its Anthony® brand manufacturing from Sylmar, Calif., to its Chesterfield …
RICHMOND, VA — Governor Glenn Youngkin announced today that Virginia’s workforce training program is ranked No. 1 in the United States in Area Development’s Top States for Doing Business report. This accolade comes on the heels of Virginia’s Talent …
RICHMOND, VA — Governor Glenn Youngkin today announced that Eli Lilly and Company, a global leader in pharmaceutical innovation is moving forward with plans for a $5 billion state-of-the-art manufacturing facility that will generate 650 high-wage jobs and …
RICHMOND, VA — Governor Glenn Youngkin today announced ABB, a global technology leader in electrification and automation, will invest $28.5 million to expand operations in Henrico County. The project will create more than 100 jobs in the next three years. …
