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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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
12.10.2025
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
11.25.2025
Polyzent Launches First Manufacturing Facility in Lynchburg
Plastic stretch film manufacturer to create 20 new jobs in the Commonwealth
11.20.2025
CleanArc Data Centers Invests $3 Billion in Caroline County
CleanArc Data Centers will invest $3 billion to construct a new state-of-the-art data center campus in Caroline County. At full capacity, the project will create 50 new jobs in the Commonwealth.
11.20.2025
VEDP Partners with Handshake to Attract and Build Future Workforce
Job marketplace platform collaborates with Virginia to prepare students and graduates for careers
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
11.12.2025
Elbit America Expands with $30 Million Investment in Roanoke County
Expansion of night vision manufacturing facility to create 288 new jobs
11.07.2025
Vantage Data Centers to Invest $2 Billion in Stafford County
Investment to create 50 new jobs in the Commonwealth
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.
10.30.2025
Anchor Innovation Expands Operations in Virginia Beach
Investment set to expand the company’s capacity for both military, industrial, and recreational customers
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.
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
10.09.2025
AstraZeneca Selects Albemarle County for $4.5 Billion Investment
AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County, creating 600 direct jobs and the company's largest single investment in a facility to date.
09.30.2025
Dover Food Retail Expanding Manufacturing Campus
Investment to bring over 300 jobs to Chesterfield County