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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08.05.2026
Virginia Steel Expands in Bland County
Structural steel manufacturer’s $3.6M investment will more than triple workforce
Interstate 81, Shenandoah County
06.04.2026
Virginia Solar Panel Startup Invests $23M in Shenandoah County
Vertically integrated solar panel manufacturing company to create 150 new jobs
05.29.2026
Hyper Solutions Expands Operations With $2 Million Investment in Henrico County
Digital infrastructure company to create 56 new jobs for Virginians
05.22.2026
Innovative Defense Technologies Invests $19M to Expand Arlington Headquarters
Investment to create 210 jobs, doubling the company’s Virginia workforce
03.30.2026
Blue Sky Innovators Expands Virginia Footprint with $7 Million Investment
Defense technology company to create 175 new jobs at Reston office
Fukoku Korea to Establish Henry County Plant with $18+ Million Investment
Automotive Parts Manufacturer to create 60 new jobs in the Commonwealth
Radian Forge Expands with $10.5 Million Investment in Portsmouth
Expansion Will Create 53 Jobs to Meet U.S. Navy Production Needs
01.13.2026
Solstice Advanced Materials Invests $220+ Million in Chesterfield Facility
Investment to create 100 new jobs at ballistic fiber production plant
LS Cable & System USA Announces $689 Million Investment in Chesapeake
Project is expected to be the largest capital investment in the history of the Hampton Roads region
LS Cable & System USA Announces $689 Million Investment in Chesapeake
Project is expected to be the largest capital investment in the history of the Hampton Roads region
Eaton Expands with Over $50 Million Investment in Henrico County
Manufacturer of critical power solutions expected to create 200 new jobs
11.25.2025
Polyzent Launches First Manufacturing Facility in Lynchburg
Plastic stretch film manufacturer to create 20 new jobs in the Commonwealth
Modine to Establish Heating Division Headquarters in Buena Vista
$19.6 million expansion will create 57 new jobs
11.05.2025
CEL Critical Power Opens First American Manufacturing Facility in James City County
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, creating 260 new jobs.
10.20.2025
Merck to Establish $3 Billion Center of Excellence for Pharmaceutical Manufacturing in Rockingham County
U.S.-based pharmaceutical leader makes $3B investment, creating 500 jobs
09.16.2025
ABB Expands in Henrico County
Global technology leader in electrification and automation will invest $28.5 million, creating 100+ jobs
09.11.2025
Systems Planning & Analysis Expands Significantly in Northern Virginia
Investment includes an expansion of SPA's global headquarters in the City of Alexandria and its intelligence program office in Fairfax County
09.09.2025
First-of-its-Kind American Tin Production Facility Coming to Henry County
Nathan Trotter to invest approximately $65 million in Henry County, creating an estimated 118 jobs and strengthening domestic production of metals critical to national defense