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.
08.05.2026
Virginia Steel Expands in Bland County
Structural steel manufacturer’s $3.6M investment will more than triple workforce
05.15.2026
Innovative Refrigeration Systems Expands with $19 Million Investment in Augusta County
Industrial Ammonia and CO₂ Refrigeration System Manufacturer to create 214 new jobs
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
Danville
Infinity Global Expands Danville Operations with $34 Million Investment
Project to create 150 new jobs at luxury packaging solutions headquarters
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
MerryGoRound, Inc to Establish Fulfillment and Logistics Center in Pittsylvania County
E-commerce fulfillment company will invest $10 million and create 203 new jobs
05.14.2025
New Amazon Robotics Fulfillment Center in Goochland County
Amazon is building its fourth Virginia robotics fulfillment center, RIC6, in Goochland County, creating more than 1,000 jobs.
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.
05.08.2025
The LEGO Group to Establish Warehouse and Distribution Center in Prince George
The LEGO Group will invest $366 million to build a new 2,000,000-square-foot warehouse in Prince George County, creating 305 new jobs.
04.03.2025
The Patton Logistics Group to Construct New Distribution and Warehouse Facility in Pulaski County
The Patton Logistics Group, a U.S. integrated supply chain company, will invest $10 million to build a new warehouse and distribution factory, making its second expansion in four years in Pulaski County.
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