Tate, a global provider of next-generation infrastructure solutions for commercial and data center applications, will invest $14.9 million to establish a new manufacturing facility in Russell County.

Camrett Logistics, a full-service third-party logistics (3PL) company headquartered in Wytheville, will invest over $2 million to expand capacity in Pulaski County.

Parkland Direct, a high-volume lithographic print and custom envelope manufacturer, will invest $10 million to expand in Bedford County.

Virginia Artesian Bottling Company to invest $3 million to increase capacity in Hanover County.

The annual report highlights some of VEDP’s notable accomplishments in FY23, all of which were made possible in large part by the great work and support of our local, regional, and state partners. Audited financial statements will be made available on this page once published.

At the 1981 "The Physics of Computation" event, Nobel laureate Richard Feynman called for the creation of quantum computers to simulate quantum physics, famously saying, “Nature isn’t classical, and if you want to make a simulation of nature, you’d better make it quantum mechanical.”