Press Glass to invest $43.55 million to establish first Virginia manufacturing operation

RICHMOND—Governor Ralph Northam today announced that Press Glass, the largest independent flat glass processing operation in Europe, will invest $43.55 million to establish a 280,000-square-foot manufacturing operation in Henry County. Press Glass represents the first company to locate in the county’s Commonwealth Crossing Industrial Park. Virginia successfully competed against North Carolina for the project, which will create 212 new jobs.

David Devan serves as Senior Vice President, Policy & Strategic Partnerships at the Virginia Economic Development Partnership, where he provides senior executive leadership for the External Affairs division, including VEDP’s strategies for partner engagement and governmental affairs; the Real Estate Solutions division, coordinating strategic investments and related activities to ensure Virginia has a competitive portfolio of project-ready sites; and the Economic Competitiveness (EC) division, focused on developing deep insights on Virginia’s competitive position and designing strategic

NIBCO to invest $14 million to expand metal manufacturing operation, retrain employees on new equipment

RICHMOND—Governor Ralph Northam today announced that NIBCO INC., a manufacturer of wrot copper fittings for the flow control industry, will invest $14 million to expand its operation in Augusta County. The company is investing in its infrastructure, adding new equipment and updating technology, training programs, and new product development. The project will create 30 new jobs, and 117 existing employees will be retrained on the new technology.

averhealth to expand headquarters

RICHMOND—Governor Ralph Northam today announced that averhealth, a health care company with nationwide substance use disorder treatment centers, will invest $325,000 to expand its headquarters in Henrico County. Virginia successfully competed against Kansas and North Carolina for the project, which will create up to 50 new jobs.

RICHMOND - Governor Terry McAuliffe today announced that Bloomberg BNA, a wholly-owned subsidiary of Bloomberg L.P., the global business, financial information and news leader, will invest $5.5 million to expand in Arlington County, including the consolidation of its operations currently based in Maryland. Virginia successfully competed against Maryland and Washington, D.C. for the project, which will retain approximately 1,000 jobs and create up to 125 new jobs over three years.

InterChange Cold Storage, LLC to build major new cold storage and blast freezing facility

RICHMOND—Governor Ralph Northam today announced that InterChange Cold Storage, LLC will create 88 new jobs and invest $41.6 million in Rockingham County to build a 250,0000-square-foot, state-of-the-art cold storage and blast freezing facility. The company, owned by Rockingham County-based third-party logistics provider InterChange Group, Inc., will provide cold-chain warehousing and value-added services to the region’s food and beverage manufacturers.

Sumitomo Machinery Corporation of America to update machinery at manufacturing operation

AFL to invest $1.3 million in manufacturing operation

MAG Aerospace to invest $5.5 million to relocate and expand corporate headquarters

Ocean Network Express will invest $2.5 million to expand its North American Regional Headquarters office

RICHMOND—Governor Ralph Northam today announced that Ocean Network Express, a global transport company, will invest $2.5 million to expand its North American Regional Headquarters office to accommodate additional personnel as its customer base increases. The project will create 129 new jobs.