RICHMOND, VA — Governor Abigail Spanberger today announced Defense Maritime Solutions (DMS) — a leading manufacturer and supplier of shipboard energy and propulsion systems — will invest more than $30 million to expand its operations in Chesapeake, …
RICHMOND, VA — Governor Abigail Spanberger announced today that Virginia Steel and Fabrication, Inc. will invest $3.6 million to expand its operational capabilities in Bland County and create 52 new jobs — more than tripling the company’s current workforce …
RICHMOND, VA — Governor Abigail Spanberger today announced that 14 companies from across the Commonwealth have graduated from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, and that 13 additional companies …
RICHMOND, VA — Governor Abigail Spanberger announced today that Hepburn and Sons LLC — a Virginia-based engineering and consulting firm — will establish a new corporate headquarters in Northern Virginia through an $18.1 million investment in Prince William …
RICHMOND, VA — CNBC announced today that Virginia is No. 3 in their annual America’s Top States for Business ranking. Virginia has finished in the top five of every edition of CNBC’s ranking since 2018 and has finished No. 1 six times, more than any other …
RICHMOND, VA — Rural King, a national retail brand specializing in farm and home supplies, will invest $40 million to establish a new distribution facility in Henry County. Upon completion, Rural King expects to create 150 new jobs for Virginians at the …
RICHMOND, VA — RINGANA, an Austrian life sciences company known for skincare and nutritional products, will invest $85 million over the next five years to establish the company’s first U.S. headquarters, production, and distribution facility in the City of …
RICHMOND, VA — Scout Space, a technology company specializing in systems and software deployed on satellites, will invest more than $1 million to expand the company’s operations in Fairfax County, with a plan to create 31 new jobs in the Commonwealth. …
RICHMOND, VA — MSolar Manufacturing, a Virginia-based startup specializing in the production of premium-grade solar panels, will invest $23,775,000 to establish a vertically integrated solar manufacturing facility in Shenandoah County. The 56,000-square- …
RICHMOND, VA — Spatial Front, Inc., a privately held information technologies firm, will relocate its corporate headquarters to Arlington, creating 450 new jobs in Virginia through a $6 million investment. Founded in 2008 and previously headquartered in …
RICHMOND, VA — Hyper Solutions, a digital infrastructure business services and manufacturing firm founded in Virginia in 2022, will invest $2 million to expand operations in Henrico County and create 56 new jobs in the region. Hyper uses a decentralized …
RICHMOND, VA — The Commonwealth’s InternshipsVA program, a statewide initiative to strengthen Virginia’s workforce talent pipeline, is the recipient of a Business Facilities 2026 Economic Development Organization Award. The annual EDO awards recognize …
RICHMOND, VA — Jabil, an engineering-led, supply chain-enabled manufacturing company, will establish a new manufacturing site at Crosspointe Logistics Center in Prince George County to produce critical power distribution systems and solutions for Siemens …
RICHMOND, VA — Innovative Defense Technologies will invest $19 million to expand operations and create 210 new jobs at the company’s Arlington County headquarters. IDT delivers mission-critical solutions that accelerate the delivery and fielding of complex …
RICHMOND, VA — TurbineOne, Inc., a California-based defense technology firm specializing in AI-powered machine learning software solutions, will establish its headquarters in Fairfax County, Virginia, creating 22 new jobs through a $424,000 investment. As …
RICHMOND, VA — Interstate Group LLC today announced plans to invest $8.9 million to expand operations at the company’s manufacturing facility in Giles County. The investment is expected to create 46 new jobs in the Commonwealth. “Interstate Group’s …
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 — Avio USA Inc. — a subsidiary of leading global aerospace company Avio S.p.A — will invest approximately $500 million to establish an 860,000 square-foot manufacturing facility in the Southern Virginia Multimodal Park in Hurt, Virginia. The …
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 …
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