Amazon Web Services Plans to Invest $35 Billion in the Commonwealth by 2040 to Expand Data Center Campuses

January 20, 2023

Amazon Web Services (AWS), an, Inc. company (NASDAQ: AMZN), plans to invest $35 billion by 2040 to establish multiple data center campuses across Virginia.

Armored Fresh to Expand Headquarters in Fairfax County

January 17, 2023

Armored Fresh, the U.S. subsidiary of Armored Fresh Inc., a South Korean leading food tech company, will invest $125,000 to expand its headquarters in Fairfax County.

Governor Glenn Youngkin Announces $90 Million in Grants to Develop Industrial Sites Across Commonwealth

January 16, 2023

RICHMOND, VA - Governor Glenn Youngkin today announced a total of $90 million in Virginia Business Ready Sites Program (VBRSP) development grants for 21 sites across the Commonwealth.

Ten Virginia Companies Expand into Global Markets through Commonwealth’s Trade Accelerator Program

January 12, 2023

RICHMOND, VA – Governor Glenn Youngkin today announced that 10 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program.

Twelve Companies Selected to Participate in Virginia Leaders in Export Trade Program

January 11, 2023

The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 12 companies into its two-year Virginia Leaders in Export Trade (VALET) program.

PS-Fertility, Inc. to Establish Operation in Albemarle County

January 11, 2023

PS-Fertility, Inc., a life sciences start-up that will commercialize a novel male fertility diagnostic technology originally developed at UVA, will invest $1.4 million to establish an operation in Albemarle County.

Apex Mills to Acquire HanesBrands Inc. Facility in Virginia

January 6, 2023

Apex Mills, a specialty supplier and manufacturer of warp knit fabrics, will invest $3.1 million to expand its East Coast presence by acquiring the former HanesBrands facility and its equipment in Patrick County.

Hollingsworth & Vose to Expand in Virginia

January 3, 2023

Hollingsworth & Vose (H&V), a global manufacturer of advanced materials used in filtration, battery, and industrial applications, will invest $40.2 million to expand its operation in Floyd County.

MSI to Establish East Coast Distribution Facility in Virginia

December 15, 2022

M S International, Inc. (MSI), the leading supplier of flooring, countertops, wall tile, and hardscaping products in North America, will establish its East Coast distribution facility in the City of Suffolk.

SWVA Biochar to Expand in Virginia

December 14, 2022

SWVA Biochar, a leading producer of premium biochar in the Southwest Virginia region, will invest $2.6 million to increase capacity at its operation in Floyd County.