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
07.22.2026
Hepburn and Sons Announces $18+ Million Expansion in Prince William County
Virginia-Based Firm to Create 80 New Jobs in the Commonwealth
06.30.2026
Rural King Invests $40M in Henry County
Distribution center to create 150 new jobs for Virginians
06.12.2026
RINGANA Establishes First U.S. Headquarters in Roanoke
New $85M investment will create 435 jobs in Virginia
06.02.2026
Spatial Front Relocates Headquarters, Creating 450 New Jobs
IT Services Firm will invest $6M in National Landing
05.27.2026
New Jabil Manufacturing Facility to Create 350+ Jobs in Prince George County
Facility will manufacture complex electrical power distribution equipment
05.22.2026
Innovative Defense Technologies Invests $19M to Expand Arlington Headquarters
Investment to create 210 jobs, doubling the company’s Virginia workforce
03.30.2026
Blue Sky Innovators Expands Virginia Footprint with $7 Million Investment
Defense technology company to create 175 new jobs at Reston office
Fukoku Korea to Establish Henry County Plant with $18+ Million Investment
Automotive Parts Manufacturer to create 60 new jobs in the Commonwealth
03.04.2026
Richmond National Group Expansion to Create 75 New Jobs
Specialty insurance provider continues expansion with $1.75 million investment
Radian Forge Expands with $10.5 Million Investment in Portsmouth
Expansion Will Create 53 Jobs to Meet U.S. Navy Production Needs
02.17.2026
Defense Technology Firm GRVTY Invests $8 Million to Expand Northern Virginia Operations
Expansion Will Create 200 New Jobs in Virginia
01.13.2026
Solstice Advanced Materials Invests $220+ Million in Chesterfield Facility
Investment to create 100 new jobs at ballistic fiber production plant
12.12.2025
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
11.13.2025
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
10.30.2025
Anchor Innovation Expands Operations in Virginia Beach
Investment set to expand the company’s capacity for both military, industrial, and recreational customers