Virginia | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.


https://businessfacilities.com/2021/04/sts-group-ag-to-establish-first-u-s-location-in-virginia/
German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.

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.


STS Group AG To Establish First U.S. Location In Virginia

German auto parts manufacturer STS Group AG will create 120 jobs and invest $39 million in its new manufacturing facility in Wythe County, VA.

Munters Group AB Investing $36M In Virginia 

Energy efficient air treatment and climate solutions manufacturer Munters Group AB will build a state-of-the-art facility in Botetourt Center to replace its Buena Vista, VA plant.

CoStar Group Expanding In Virginia

Commercial real estate information provider CoStar Group will employ more than 200 staffers at its new space in Richmond, VA.

Data Centers: Growing By The Gig

As more companies put their business activities on the cloud, data centers with the potential for scalability and proximity to cloud “on ramps” are better poised to compete, according to CBRE’s latest report.

Belvac Investing $3M In Virginia Expansion

The company will add up to 50 new jobs as it expands operations at the New London Business and Technology Center in Bedford County, VA.

Crown Holdings Will Create 126 Jobs In Virginia

The packaging technology company will invest $145 million to build an aluminum beverage can production facility in Henry County, VA.

$2.9M Grant Will Help Virginia’s Water Economy Face Climate Change

GO Virginia approved the grant to help the Virginia Coastal Resilience And Adaptation Economy Initiative address flooding challenges.

DHL Supply Chain To Create 577 New Jobs In Virginia

The third-party logistics provider will invest $72 million in new state-of-the-art distribution center in Stafford County, VA.

Quality of Life: Working Where You Want To Live

Millennials are looking for all of the excitement and amenities found in large urban centers, but at a much lower cost and with the better overall quality of life found in mid-sized cities.

California Tops 2020 State Energy Efficiency Scorecard

Massachusetts, Vermont, Rhode Island, New York round out top 5 states for energy efficiency, Nevada is most improved in annual ACEEE report. 

Henrico County, VA Endorses Proposed GreenCity Development

The $2.3 billion "ecodistrict" would generate nearly 2.3 million square feet of office and retail space, 2,400 housing units, two hotels, and a 17,000-seat arena.

SPIG Industry Investing $7.9M In Virginia Expansion

Highway guardrail manufacturer SPIG Industry, LLC's expansion in Washington County, VA will create 113 new jobs.

Agribusiness: Both Sides Of The Coin

Even when it would seem so, not everything is simply win-win—especially when adjusting to the reality of COVID-19 and keeping vital supply lines open for essentials.

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.

Business Facilities & COVID-19

Michigan Governor’s Report: Standing Tall At The Crossroads Of Calamity

When a foreign pandemic invaded Michigan a year ago—and a virulent domestic pathogen threatened to topple the state government—Governor Gretchen Whitmer stood her ground.

Life Sciences Hubs: Good Genes, GREAT Growth

Billions in private equity and public funding are flowing into the life sciences sector, which is front and center in the battle against the pandemic.

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