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.
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
05.27.2026
New Jabil Manufacturing Facility to Create 350+ Jobs in Prince George County
Facility will manufacture complex electrical power distribution equipment
Danville
Infinity Global Expands Danville Operations with $34 Million Investment
Project to create 150 new jobs at luxury packaging solutions headquarters
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
Eaton Expands with Over $50 Million Investment in Henrico County
Manufacturer of critical power solutions expected to create 200 new jobs
12.04.2025
Cornerstone Building Brands Expands Manufacturing Campus in Rocky Mount
The $4.9M investment will create 50 jobs to support the production of Ply Gem® brand windows and doors
Modine to Establish Heating Division Headquarters in Buena Vista
$19.6 million expansion will create 57 new jobs
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
11.05.2025
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.
10.21.2025
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.
09.30.2025
Dover Food Retail Expanding Manufacturing Campus
Investment to bring over 300 jobs to Chesterfield County
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
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.
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.