News & Features
Virginia Economic Review
Our quarterly publication, Virginia Economic Review, provides an insider look at Virginia’s economy, its diverse array of world-class companies, its amazing talent, and its stunning natural beauty, as well as insights from national thought leaders.
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04.01.2026
Enabling Innovation
Would more men try to prevent unintended pregnancies if their choices for contraception went beyond a condom or vasectomy?
Richmond
The Communities at the Forefront of Virginia’s Biopharma Push: Greater Richmond
The Greater Richmond region is in the middle of the greatest population growth in its history.
04.01.2026
Merck’s Elkton Growth From ‘Vitamin Valley’ Beginnings
Merck’s expansion at its Rockingham County site, announced in late 2025, represents the continuation of a long, mutually beneficial tenure in the Commonwealth.
04.01.2026
The History and Future of Pharmaceutical Manufacturing in Virginia
Dave Maraldo is the senior vice president of Human Health Manufacturing Operations at Merck, one of the five largest biopharmaceutical companies in the world.
Building a Sustainable Pharma Manufacturing Workforce
Recent major biopharmaceutical manufacturing announcements are positioning Virginia for a broader reshoring effort in the pharma industry. COVID-era supply chain disruptions and resulting shortages exposed the risks of over-reliance on overseas production for essential medicines.
04.01.2026
Behind the Effort to Bring Drug Manufacturing Back to U.S. Shores
In October 2025, shovels went into the ground in Elkton, marking the start of a $3 billion pharmaceutical expansion project that will add 400,000 square feet to Merck’s existing campus.
Dulles Prepares for Pharma Growth Through Brussels Partnership
Recent major biopharmaceutical announcements have sent a clear signal from the industry: Virginia is the future of biopharma manufacturing.
Best Medical Ships Crucial Cancer Therapies Worldwide, With VEDP’s Help
Best Medical International manufactures a crucial product that helps its users battle devastating cancers. Now, with an assist from VEDP, the company is getting its products into the hands of people who desperately need them.
03.05.2026
Summary: “Preparation, pandemic helped Virginia land Big Pharma deals”
A recent Virginia Business article outlines the more than $12 billion in major pharmaceutical manufacturing investments secured in Virginia in 2025.
02.26.2026
Nightingale Expands Ice Cream Manufacturing Operation in Richmond
Governor Glenn Youngkin announced today that Nightingale Ice Cream Sandwiches, a Richmond-based, handcrafted, small batch ice cream company, is investing $5.8 million to move into a new production facility and corporate headquarters in the City of Richmond.
02.26.2026
Red River Foods Expands Henrico Headquarters to Offer New Products
Governor Glenn Youngkin announced today that 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.
WCS Logistics, Frederick County
In Complete (Climate) Control
Food and beverage and pharmaceutical companies rely on Virginia’s cold chain infrastructure to succeed.
02.19.2026
Micron: Making Memory in Manassas
Micron Searches for Center of Excellence and Global Research Development Center Micron Technology, Inc., is an industry leader in memory solutions and instrumental to the world’s most significant technology advancements.
02.06.2026
Eli Lilly commits $5B to Virginia
Lilly will build a fully integrated manufacturing site in Goochland County, creating 650 jobs and enhancing the U.S. supply chain for advanced drug products.
A Conversation with Careyann Weinberg
Careyann Weinberg, Director of Economic Vitality for the Downtown Norfolk Council in Hampton Roads, Virginia, discusses quality of life and talent opportunities in Hampton Roads and Virginia as a whole, including the strong professional network in the area, the opportunities for talent, and her own "Why Virginia" story.
A Conversation with Bonnie Chavez
Bonnie Chavez, CEO of Building Beloved Communities in Roanoke, Virginia, discusses quality of life and talent opportunities in Roanoke and Virginia as a whole, including what drew her to the area, the opportunities for talent and her own "Why Virginia" story. Watch the Conversation
01.05.2026
Putting Talent in the Right Place: A Conversation With Peter Beard
Peter Beard is vice president of policy and programs at the U.S. Chamber of Commerce Foundation, where he leads workforce development projects and initiatives.
ivWatch, Newport News
Thinking Globally, Recruiting Locally
When Lydia Ruffin began work as a restaurant server, her goal was to support herself through school. She could not have anticipated how profoundly that entry-level job would shape her career.



