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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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Photo of the Eli Lilly Announcement
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.
09.23.2019

Block.one Announces 170 New Jobs in Arlington County

Company to invest $10 million, establish U.S. headquarters RICHMOND—Governor Ralph Northam today announced that Block.one, a leader in providing high-performance blockchain software, will invest $10 million and establish its U.S. headquarters in Arlington County.