World Class Distribution, Inc. (WCD Inc.), a distribution, warehousing, and cold storage network company, will invest $275 million to establish an operation in Caroline County.

Nakano Warehouse & Transportation Corp., a Tokyo-based transportation and warehousing company, will invest $14 million to establish a new warehouse and distribution facility in the City of Chesapeake.

Ronald Mark Associates, Inc., a leader in custom resin and vinyl fabric formulations and technical services, will invest $13.5 million to establish a manufacturing operation in Tazewell County.

FyberX Holdings, a developer of technology to process raw agricultural biomass into refined natural fibers, will invest $17.5 million to establish its U.S. headquarters and production operation in Mecklenburg County.

Lowe's Companies, Inc., one of the largest home improvement retailers in the world, will establish a coastal holding facility in the City of Suffolk, which will create 100 new jobs.

Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, will invest $37 million to expand its operation in Halifax County.

Site Remediation Grants from the Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF) will be awarded to four localities.

IperionX Limited, a U.S. critical minerals company, plans to make a capital investment totaling $82.1 million to establish Virginia’s first titanium demonstration facility in Halifax County.

Evermade Foods, a Virginia-based co-manufacturer of prepared meals sold under private label at grocery stores and through meal subscription services, will invest $110,000 to expand in Fauquier County.

RapidFlight, a Virginia-founded integrated designer and manufacturer of unmanned aircraft, will invest $5.5 million to establish operations in the City of Manassas.