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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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
04.14.2026
Virginia Poultry Growers Cooperative, Inc. Makes $100M+ Investment to Build Largest Feed Mill on East Coast
Virginia Poultry Growers Cooperative, Inc. will invest $113.9 million to expand operations in Rockingham County, creating 146 new jobs and new grower opportunities for the Commonwealth.
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
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.
09.16.2025
ABB Expands in Henrico County
Global technology leader in electrification and automation will invest $28.5 million, creating 100+ jobs
09.04.2025
Hitachi Energy Brings Historic Investment to South Boston
$457 million to go into large power transformer production facility in South Boston, Virginia, creating 825 new jobs as part of the company’s broader $1 billion investment in U.S. expansion
09.02.2025
Red River Foods Expands Henrico Headquarters to Offer New Products
Red River Foods, a fully integrated supplier of nuts, seeds, dried fruits, snacks, and grains ethically sourced worldwide, will invest $15.5 million to expand its Henrico County headquarters.
05.29.2025
Nightingale Expands Ice Cream Manufacturing Operation in Richmond
Nightingale Ice Cream Sandwiches, a Richmond-based, handcrafted, small batch ice cream company, is investing $5.8 million to expand, creating 166 new jobs in the City of Richmond.
Eaton to Expand in Henrico County, Creating 80 New Jobs
RICHMOND—Governor Ralph Northam today announced that power management company Eaton will invest $3.6 million to move production from California to its facility at 4200 Oakley Court in Henrico County.
08.12.2020
Greenswell Growers to Establish New Hydroponic Greenhouse in Goochland County
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.
07.22.2015
Governor McAuliffe Announces Major Expansion of Poultry Processing Facility in Rockingham County
RICHMOND - Governor Terry McAuliffe announced today that Virginia Poultry Growers Cooperative, Inc. will invest almost $62 million over the next three years to construct a new 80,000 square foot turkey processing facility in Hinton.