Virginia News & Features

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Our Quarterly Publication: Virginia Economic Review

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The Backbone of AI

AI requires powerful cloud systems, and data centers power these innovations. Virginia’s strong data center infrastructure is a draw, but companies are also focused on ensuring a robust local workforce to staff the facilities.

Connecting the Dots

Backed by monumental funding deals, a peaking business profile, and a strong entrepreneurial undercurrent, Virginia is building an accessible, collaborative, and truly thriving innovation ecosystem far and wide across the Commonwealth.

University Partnerships Accelerate Innovation in Albemarle County

On 462 acres in Albemarle County, a plot of land along U.S. Route 29 adjacent to a federal intelligence hotspot is the latest addition to a growing cluster of industries coming to define the Charlottesville area. County officials identified the plot as a place where academic institutions, private industry focused on defense and biotech, and government agencies could come together, develop partnerships, and benefit from their proximity and talent.

Strong Partnerships Fuel Virginia’s Aerospace Ecosystem

The global aerospace industry is reinventing itself, with innovation spanning materials, engineering, and a more expansive vision for how we take to the skies. Virginia sits at the heart of this transformation as a breeding ground for ingenuity. From pioneering aerospace business accelerators to the testing grounds for the latest ideas in space travel, the Commonwealth is home to more and more industry leaders in the evolving aerospace sector.

Press Releases

Super Radiator Coils to Expand Operations in Chesterfield County

November 15, 2024

Super Radiator Coils, a family-owned engineering and manufacturing company, will invest $22 million to expand its operations in Chesterfield County, creating 160 new jobs.

Microporous to Invest $1.35 Billion and Create Over 2,000 Jobs in Pittsylvania County

November 13, 2024

Microporous LLC, a leading manufacturer of battery separators, will invest $1.35 billion to establish a new manufacturing facility in Pittsylvania County, creating over 2,000 new jobs.

AD Engineering to Expand Operations in Shenandoah County

November 7, 2024

AD Engineering, a small, women, and minority-owned company that manufactures insulated copper linesets, coils, and mini splits for HVAC equipment, will invest $1.21 million to expand its operations in Shenandoah County.