RICHMOND - Governor McAuliffe today announced that Pacific Life Insurance Company will invest nearly $4 million to open a business center in the City of Lynchburg, expanding the company’s suite of innovative products and service capabilities. With this investment, the company completed an acquisition of the term life new business platform from Genworth Financial. The project will create 300 new jobs.

Cambridge Pavers, Inc., a leading manufacturer of high-quality pavers, slabs, and wall systems, will invest $47.35 million to establish a new manufacturing facility in Pittsylvania County, creating 55 new jobs.

Virginia has been named Business Facilities’ 2024 State of the Year, marking the third time the Commonwealth has received this top honor from the magazine.

Micron Technology, Inc., one of the world's largest semiconductor companies, will invest up to $2.17 billion to expand its operation in the City of Manassas.

RICHMOND - Governor McAuliffe today announced that Frontier Secure, a division of Frontier Communications Corporation, will locate a customer care center in Wise County. The facility will provide customer and technical support for its clients. Virginia successfully competed against Georgia, Kansas and South Carolina for the project, which will create up to 500 new jobs.

10 companies across the Commonwealth of Virginia are graduating from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, and 17 companies have joined the two-year program.

Haleon, a leading global consumer health company, will invest $54.2 million to upgrade its research & development facility in the City of Richmond.

RICHMOND - Governor Terry McAuliffe announced today that SANJO Corte Fino, a fineblanking manufacturer based in Barcelona, Spain, will invest $17.5 million to establish its North American headquarters in the City of Virginia Beach. SANJO will supply specialty fineblanking metal components to STIHL Inc, also headquartered in Virginia Beach, as well as to tier-one automotive suppliers. Virginia successfully competed against Kentucky for the project, which will create 85 new jobs.

Five localities across the Commonwealth of Virginia received $1.5 million in Site Remediation Grants from the Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF).

Serioplast, a global manufacturer of rigid plastic packaging, will invest $25,725,000 to occupy a 140,000-square-foot industrial facility in Shenandoah County.