Virginia
Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Virginia articles below.
Cybersecurity 2.0
The red-hot growth sector of cybersecurity has created more than a million new jobs. The bad news: half of these critical cyber jobs are going unfilled due to a shortage of skilled workers.
Huntington Ingalls Industries To Create 250 Jobs In Virginia
Huntington Ingalls Industries, the nation’s largest military shipbuilder, will establish an unmanned systems facility in Hampton, VA.
Energix Renewable Energies Establishing U.S. HQ In Virginia
The Israeli renewable energy company will invest $1.1 million to establish its U.S. subsidiary base in Arlington, VA, creating 33 new jobs.
Torc Robotics Will Create 350 New Jobs In Virginia
The self-driving vehicle pioneer will invest $8.5 million to expand software development operations in Blacksburg, VA.
T-Mobile Will Create Up To 500 New Jobs In Virginia
The wireless network operator will invest $30 million to relocate one of its Customer Experience Centers to Henrico County, VA.
Kansas No. 1 In Wind Power Generation, Georgia Leads Film Production
Kansas is the top-ranked state for the percentage of electricity generated from Wind Power, Georgia is the frontrunner among Film Production Leaders in Business Facilities' 16th Annual Rankings Report
Business Facilities’ 16th Annual Rankings: State Rankings Report
Business Facilities didn’t let the COVID-19 crisis skew the results in our 16th annual rankings report: They remain the most credible and comprehensive location leaderboards.
Texas Tops In Business Climate, Virginia Wears Cyber Crown
Texas has the Best Business Climate, Virginia is tops in Cybersecurity Leaders, Louisiana leads in Workforce Development/Talent Attraction in Business Facilities' 16th Annual Rankings Report.
Bausch + Lomb Expanding, Creating 79 New Jobs In Virginia
The global eye health company will invest more than $35 million to expand its manufacturing facility in Lynchburg, VA.
Virginia: Expanding The Envelope For Growth
Already at the forefront of emerging growth sectors like cloud computing and cybersecurity, Virginia continues to expand its high-tech portfolio.
The Hershey Company Investing $135M In Virginia
With its second major expansion of Stuarts Draft manufacturing operation since 2019, the chocolate company will create 110 new jobs in Augusta County, VA.
Metalworx Relocating HQ, Manufacturing Facility To Virginia
The manufacturer will invest $7.6 million to relocate its headquarters and manufacturing operations from South Carolina to Grayson County, VA.
May / June 2020 Issue (Volume 53, Number 3)
The May / June 2020 Issue features economic developers' recovery efforts in response to COVID-19. Plus, a look at corporate headquarters, supply chains and high tech.
S23 Holdings Investing $64.4M In Virginia Corporate, Industrial Campus
The maritime, ship repair, and manufacturing company will create 332 new jobs in City of Newport News, VA.
FerraTex Solutions Investing Nearly $2M In Virginia Expansion
The company will establish a new subsidiary operation and create 15 new jobs in Henry County, VA with help from local and state economic development grants.
Braven Environmental To Invest $31.7M In Virginia
The company will establish a first-of-its-kind waste plastics facility and manufacturing operation and create 52 new jobs in Cumberland County, VA.
Microsoft Investing $64M In New Virginia Location
The company will create 1,500 jobs at a new software development and R&D regional hub in Fairfax County, VA.
Fairfax County, VA Launches Virtual Career Fairs
In response to the COVID-19 crisis, the FCEDA is presenting virtual career fairs to connect college grads with Northern Virginia companies seeking employees.
Berry Global Group Addresses Global Shortage Of Face Mask Materials
To address the ever increasing demand for face mask material in the U.S., Berry has expanded its Meltex™ platform to add capacity in Waynesboro, VA.
Staunton River Plastics Investing $34M In Virginia
Staunton River Plastics will build a new 250,000-square-foot plant in Hurt, VA, creating more than 200 new jobs over four years.
Green Development: Building A Sustainable Future
Locations in Florida and Virginia have taken a leadership position in facilitating sustainable development. These places are proving that there’s a lot of green to be made by going green. Join us as we take our annual tour.
How Richmond Logistics Firms Are Pivoting During COVID-19
Businesses that will survive the coronavirus pandemic are those that adapt to the challenges and continue to serve existing and new customers.
Food Processing: The Good And The Bad Of It
Two current upward trends show us how consumers are responding to both the power of plants and the power of panic with the demand for food.
H&V Delivering Critical Materials In Fight Against COVID-19
Hollingsworth & Vose, located in Floyd County, VA, is busy making filtration material that is a critical component in Respiratory Protection Equipment being used to fight the COVID-19 virus.
Lynchburg Regional Business Alliance Leads COVID-19 Crisis Efforts
The Regional COVID-19 Business Support Task Force brainstorms ideas, curates resources, and shares information to address business, employer, and community concerns.
Direct Marketing Company Creating 239 New Jobs In Virginia
Moore will invest more than $31 million to establish the Richmond Print Group, a new venture in Henrico County, VA.
Data Center Industry Locations: Data-Driven Growth
As the demand for data continues to expand exponentially, new data centers are being built on sites closer to consumers (also known as “edge” locations) and modular, pre-fab units are speeding construction.
Honorable Mention Awards: 2019 Economic Development Deal Of The Year
Our most competitive Deal of the Year competition ever yielded a cornucopia of impressive projects that are bringing a bonanza of new jobs to locations across the U.S. Here’s the cream of the crop.
Virginia Economic Review
The current issue of Virginia Economic Review explores the world of Big Data, the explosion of cloud computing and data center investment, and how data is remaking industries and altering the geography of economic opportunity.
Norfolk Southern Supported Nearly $2B In Investment In 2019
Industrial customers across 16 states developed 54 new and 23 expanded rail-served commercial projects which are expected to create more than 1,160 jobs.
Expel, Inc. Will Create 164 New Jobs In Virginia
With help from the Virginia Jobs Investment Program, the cybersecurity company will invest $1.4 million to expand its operations in Herndon.
Macedon Technologies To Create 147 Jobs In Virginia
The software firm will invest $1.65 million to expand its corporate headquarters in Reston, VA.
DuPont Investing $75M In Modernization Of Virginia Plant
The company will modernize and expand its manufacturing and technology operations in Chesterfield County, VA, creating 60 jobs.
Wegmans Investing $175M In Virginia Distribution Campus
The grocery retailer’s new regional distribution operation in Hanover County, VA will create 700 new jobs.
Dredging To Make Virginia East Coast’s Deepest Port Begins
When dredging is complete in 2024, commercial channels serving the Norfolk Harbor will be able to simultaneously accommodate two, ultra-large container vessels.
Israeli Aerospace, Aviation Manufacturer Expanding In Virginia
Israel Aerospace Industries Ltd. will invest in new headquarters operation and create more than 50 new jobs in Fairfax County, VA.
TST Fabrications Investing $4.1M To Expand In Virginia
The specialty construction services company will create 34 new manufacturing jobs in the City of Norfolk, VA.
Morgan Olson Creating 703 Jobs In Virginia
The manufacturer will invest $57.8 million to establish a new walk-in step van assembly operation in the former IKEA plant in Danville-Pittsylvania County, VA.
Agribusiness: Harvesting Growth In Stormy Weather
Despite a trade war with China that’s clobbering U.S. farmers, locations that have established strong agribusiness and food processing sectors continue to thrive as production moves closer to markets.
Pharmaceutical Product Development Creating 200 Jobs In Virginia
The global contract research organization will invest $63.7 million to expand its bioanalytical lab in Henrico County, VA.
