RICHMOND, VA — Wire arc additive manufacturing startup Radian Forge today announced plans to invest $10.5 million to increase manufacturing operations in Portsmouth, creating 53 new jobs in the Commonwealth. Radian Forge specializes in the production of …
RICHMOND, VA — GRVTY, a Virginia-based defense technology company with nearly 1,000 employees, plans to invest $8 million to expand the firm’s presence by establishing a new headquarters in Tysons, Virginia. The company will build out more than 22,000 …
RICHMOND, VA — Governor Abigail Spanberger today announced that eight Virginia localities received $1.59 million in Site Remediation Grants from the Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF). VBAF awards allow local …
RICHMOND, VA — Umbra, a leading U.S. space technology company specializing in advanced remote sensing and resilient satellite systems, will expand its Northern Virginia presence with a $6.75 million investment and more than 100 new jobs in Fairfax County. …
RICHMOND, VA — Governor Abigail Spanberger today launched InternshipsVA, a new statewide program to help Virginia employers design and launch high-quality, paid internships for higher education students in Virginia. The Commonwealth has committed $14.5 …
RICHMOND, VA — The Commonwealth of Virginia and the Taiwan Eastbound Alliance-Landing America (TEALA) today announced a partnership to increase the pipeline of Taiwanese businesses expanding to Virginia. In a Memorandum of Understanding signed by TEALA and …
RICHMOND, VA — Infinity Global Inc., an international leader in high-end packaging solutions, plans to expand operations at its Danville, Virginia, headquarters with a $34 million investment. The investment will more than double the company’s Virginia …
RICHMOND, VA — Solstice Advanced Materials Inc. today announced plans to invest over $220 million in multiple projects to expand operations at the company’s existing ballistic fiber manufacturing facility in Chesterfield County. Upon completion, the …
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 — 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 …
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