American Type Culture Collection will invest $54.7 million to expand its bioresource center campus in Prince William County with a new biomanufacturing facility, creating 75 new jobs.

Shalag U.S., Inc., a manufacturer of non-woven fabric for use in manufactured products, will invest $16.6 million to open a new non-woven manufacturing and production facility in Mecklenburg County, creating 52 new jobs.

Governor Glenn Youngkin announced that Canon Virginia, Inc., a leading global manufacturer of consumer and office products, will expand its manufacturing facility in the City of Newport News.

KSB USA/North America, a leading supplier of pumps and industrial valves, will invest $25 million to expand its Henrico County facility, creating 32 new jobs.

Camrett Logistics, a full-service third-party logistics (3PL) company headquartered in the town of Wytheville, will invest $575,000 to expand in Wythe County, creating 10 new jobs.

Governor Glenn Youngkin announced that Desi Fresh Foods, a leading U.S. producer of South Asian yogurt, will invest a significant amount of money to open a new manufacturing facility in Frederick County, Va.

Governor Glenn Youngkin announced that RBW Sports & Classics, the United Kingdom’s only manufacturer of hand-built electric classic sports cars, will invest $8 million to establish a manufacturing facility in Virginia.

Governor Glenn Youngkin awarded a total of $126 million in Virginia Business Ready Sites Program (VBRSP) development grants for 23 sites across the Commonwealth.

11 companies across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program and 14 companies have joined the two-year program.

The annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness to determine which states are delivering most effectively on the things that mean the most to business.