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
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.
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
11.25.2025
Polyzent Launches First Manufacturing Facility in Lynchburg
Plastic stretch film manufacturer to create 20 new jobs in the Commonwealth
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
09.09.2025
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
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.
05.13.2025
QualiChem, Inc. Expanding Manufacturing Facility in the City of Salem
QualiChem, Inc., a leading producer of metalworking fluids used for production and fabrication of metal components, will invest $9 million to expand their operations in the City of Salem.
Luna Labs to Expand Research and Development Operations in Charlottesville
Governor Glenn Youngkin announced that Luna Labs USA, LLC, a product development company accelerating breakthrough solutions to multiple industries, will invest $200,000 to expand its operations in the City of Charlottesville
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.