RICHMOND—Governor Ralph Northam today announced that Mount-It!, a leading distributor of more than 500 types of mounting solutions, will invest $7.45 million to establish its first East Coast warehouse and distribution facility in the former Quality Way …
RICHMOND—Governor Ralph Northam today announced that Hitachi ABB Power Grids, a leader in power and energy technologies, will invest $6.2 million to upgrade equipment and increase manufacturing capacity at its Bland County operation. The facility is the …
HAMPTON—Governor Ralph Northam today announced that Huntington Ingalls Industries (NYSE: HII) will create more than 250 new jobs by establishing an Unmanned Systems Center of Excellence in Hampton. HII is the nation’s largest military shipbuilding company …
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 12 companies into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to …
RICHMOND—Governor Ralph Northam today announced that Energix Renewable Energies Ltd., one of Israel’s largest renewable energy companies, will invest $1.1 million to establish its U.S. subsidiary headquarters in Arlington County. Virginia successfully …
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced that its Division of International Trade is adapting its Trade Missions program to a virtual platform in response to the impacts of the pandemic, travel restrictions, and …
RICHMOND—Governor Ralph Northam today announced that Torc Robotics, a Blacksburg-based leader in self-driving vehicle systems, will invest $8.5 million to expand its software development operations in Montgomery County. The company will establish an …
RICHMOND—Governor Ralph Northam today announced that T-Mobile US, Inc. (NASDAQ: TMUS), one of the largest wireless network operators in the country, will relocate one of its Customer Experience Centers to the former Sam’s Club on Laburnum Avenue in Henrico …
RICHMOND—Governor Ralph Northam today announced that 10 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program. VALET, which now has over 300 graduated …
RICHMOND—Governor Ralph Northam today announced that Musser Lumber Company, Inc. will expand current operations in Rural Retreat, creating 12 new jobs and investing $2.4 million in Wythe County. The family-owned company is adding new production and drying …
RICHMOND—Governor Ralph Northam today announced that Greenswell Growers, Inc. will invest more than $17 million to establish a new commercial hydroponic greenhouse operation in Goochland County’s West Creek Industrial Park. The company will create 27 new …
RICHMOND—Governor Ralph Northam today announced that Modea, a technology company that specializes in digital strategy for healthcare organizations, will invest $100,000 to grow its operation in Montgomery County. Headquartered in Blacksburg, Modea recently …
RICHMOND—Governor Ralph Northam today announced that Acoustical Sheetmetal Company (ASC), a manufacturer of sound attenuating and weather protective enclosures for on-site power generation equipment, will invest $15.8 million to expand its operation in the …
RICHMOND—Governor Ralph Northam today announced that Bausch + Lomb, a leading global eye health business of Bausch Health Companies Inc. (NYSE/TSX: BHC), will invest more than $35 million to expand its manufacturing facility in the City of Lynchburg. In …
RICHMOND—Governor Ralph Northam today announced that Fleetwood Homes, a leading homebuilder and maker of manufactured homes, plans to invest $2.1 million, including $700,000 in new equipment, to renovate and expand its Rocky Mount facility. The project …
RICHMOND—Governor Ralph Northam today announced that The Hershey Company will invest $135 million to expand its manufacturing operation in Augusta County. The company will increase production capacity at its existing facility in Stuarts Draft by 90,000 …
RICHMOND—Governor Ralph Northam today announced that Metalworx, Inc., a manufacturer of highly-engineered and precision-manufactured components, assemblies, and products for a variety of industries, will invest $7.6 million to relocate its headquarters and …
RICHMOND—Governor Ralph Northam today announced that Drake Extrusion, Inc., a subsidiary of Sweden-based Duroc AB and a manufacturer of colored filament yarn and staple fiber, will invest $6.9 million to expand its operation in Henry County. The company …
NEWPORT NEWS—Governor Ralph Northam today announced that S23 Holdings, LLC and its affiliates, which include East Coast Repair and Fabrication (ECR), an industry leader in the marine, industrial, and commercial sectors, will invest $64.4 million to …
RICHMOND—Governor Ralph Northam today announced that ASGN Incorporated (NYSE:ASGN) will invest a total of $12.4 million to move its corporate headquarters from Calabasas, California to Henrico County and grow operations across the Commonwealth, creating a …
