NEWS RELEASES
Breaking ground, making headlines
Stay up to date on the latest announcements, milestones, and economic development news from across Virginia. Explore press releases highlighting the partnerships, investments, and stories driving growth throughout the Commonwealth
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Defense Maritime Solutions Expands in Chesapeake with $30M+ Investment
Defense Maritime Solutions (DMS) will invest more than $30 million to expand its operations in Chesapeake, creating 32 new jobs in the Commonwealth.
05.29.2026
Hyper Solutions Expands Operations With $2 Million Investment in Henrico County
Digital infrastructure company to create 56 new jobs for Virginians
05.27.2026
New Jabil Manufacturing Facility to Create 350+ Jobs in Prince George County
Facility will manufacture complex electrical power distribution equipment
05.15.2026
Innovative Refrigeration Systems Expands with $19 Million Investment in Augusta County
Industrial Ammonia and CO₂ Refrigeration System Manufacturer to create 214 new jobs
04.13.2026
Eli Lilly and Company Invests $5 Billion in Virginia
RICHMOND, VA — 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 1,800 construction jobs at the West Creek Business Park in Goochland County.
11.20.2025
CleanArc Data Centers Invests $3 Billion in Caroline County
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.
11.13.2025
Modine to Establish Heating Division Headquarters in Buena Vista
$19.6 million expansion will create 57 new jobs
11.13.2025
Ashworth Bros., Inc. Investing $1.9 Million to Expand Operations in Winchester
Conveyor belt manufacturer to retrain 31 employees with support from the Virginia Economic Development Partnership
11.07.2025
Vantage Data Centers to Invest $2 Billion in Stafford County
Investment to create 50 new jobs in the Commonwealth
10.21.2025
VFP, Inc. Expands in Scott County
VFP, Inc., a producer of custom-designed enclosures used to protect critical infrastructure, will invest $35 million to expand its operations in Scott County, creating 200 new jobs.
10.09.2025
AstraZeneca Selects Albemarle County for $4.5 Billion Investment
AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County, creating 600 direct jobs and the company's largest single investment in a facility to date.
08.27.2025
Google Investing $9 Billion Across Virginia
Investment to be seen throughout the Commonwealth, anchored by new Chesterfield County data center campus