RICHMOND—Governor Ralph Northam today announced that Hitachi ABB Power Grids, a leader in power and energy technologies, will invest $6.2 million to upgrade equipment and increase manufacturing capacity at its Bland County operation. The facility is the largest private-sector employer in the county and the leading producer of dry-type transformers in North America. The Bland County operation successfully competed with other Power Grid manufacturing facilities across the United States for this project, which will create 40 new jobs.
HAMPTON—Governor Ralph Northam today announced that Huntington Ingalls Industries (NYSE: HII) will create more than 250 new jobs by establishing an Unmanned Systems Center of Excellence in Hampton. HII is the nation’s largest military shipbuilding company and provides professional services to government and industry. Virginia successfully competed with North Carolina for the project.
Hershey, Augusta County
Stihl, Virginia Beach
Micron Technology, Inc., Manassas
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 12 companies into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to international exporting as a growth strategy. To participate, each business must meet both quantitative and qualitative selection criteria, and participating firms are chosen based on their dedication to growing export sales. To date, 359 Virginia companies have been accepted to participate in the VALET program.
RICHMOND—Governor Ralph Northam today announced that Energix Renewable Energies Ltd., one of Israel’s largest renewable energy companies, will invest $1.1 million to establish its U.S. subsidiary headquarters in Arlington County. Virginia successfully competed with North Carolina and South Carolina for the project, which will create 33 new jobs. Governor Northam met with Energix executives in Israel during an international trade and marketing mission in November 2019.
RICHMOND—The Virginia Economic Development Partnership (VEDP) today announced that its Division of International Trade is adapting its Trade Missions program to a virtual platform in response to the impacts of the pandemic, travel restrictions, and sustained interest in international business development assistance by Virginia exporters.