Hampton Dowling elected Chairman of committee established to advise VEDP Board of Directors on international trade and trade promotion 

RICHMOND - The Virginia Economic Development Partnership (VEDP) today announced the appointment of its new Committee on International Trade.

SAP National Security Services to invest $6 million to expand IT and cybersecurity operation 

RICHMOND - Governor Terry McAuliffe today announced that SAP National Security Services, Inc. (SAP NS2®), a provider of national security and critical infrastructure solutions, will invest $6 million to expand its operation in Fairfax County. Virginia successfully competed against Maryland and Pennsylvania for the project, which will create 95 new jobs.

TruckVault to invest $1.5 million to establish manufacturing operation

RICHMOND - Governor Terry McAuliffe today announced that TruckVault, Inc., the leading manufacturer of secure in-vehicle equipment storage solutions in the sport, public safety, and commercial fleet markets, will invest $1.5 million to establish a manufacturing operation in Shenandoah County. Virginia successfully competed against Kentucky for the project, which will create 60 new jobs when at full capacity.

Seven Virginia communities to receive site remediation funding from Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund 

American Electric Power Co. to invest $12.7 million to establish AEP Transmission operation in downtown Roanoke

Chemres to expand resin production operation, create 16 new jobs 

RICHMOND - Governor Terry McAuliffe today announced that Chemres, a global supplier of commodity and engineering resins, will invest $3 million to expand its resin production operation in the City of Chesapeake. The company will purchase additional machinery and equipment. Virginia successfully competed against Florida for the project, which will create 16 new jobs.

Standard Calibrations, Inc. to invest more than $508,500 to expand its engineering operation 

Humm Kombucha to invest $9.4 million to establish brewing operation

ROANOKE - Governor Terry McAuliffe today announced that Humm Kombucha, an Oregon-based producer of kombucha, a carbonated black or green tea that contains fermented bacteria and yeast, will invest $10 million to establish a brewing operation in the City of Roanoke. The project will create approximately 50 new jobs.

Altec Industries to invest $30.2 million to expand manufacturing operation 

RICHMOND - Governor Terry McAuliffe today announced that Altec Industries, a leading provider of products and services to the electric utility, telecommunications, tree care, lights and signs, and contractor markets, will invest $30.2 million to expand its manufacturing operation in Botetourt County. Virginia successfully competed against several states for this project, which will create 180 new jobs in the Commonwealth.

DanoneWave to expand plant-based beverage manufacturing operation, create up to 49 new jobs