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Planned Wise EDA will spur downtown growth
Establishing an economic development authority might pave the way for new businesses in the town of Wise, local officials believe. EDAs can provide educational programs and mentoring to entrepreneurs, as well as buy, lease and sell property and administer grants, points out Reagan Walsh, the town’s planner and zoning administrator. “I’ve run into a lot […]
Chesterfield County kicks off $210M mixed-use project
Chesterfield County officials began demolition Tuesday of the former Best Products Co. Inc. building in the Spring Rock Green shopping center to clear the way for the $210 million first phase of the Springline at District 60 mixed-use development. The 42-acre first phase of the project, located on Midlothian Turnpike off Chippenham Parkway, includes a […]
NY publishing company to expand in Orange County
MPS, a division of New York-based Macmillan Publishers, will invest more than $26 million to expand its distribution operation in Orange County, creating an estimated 10 jobs, the county announced Wednesday. The investment will occur over the next three years. MPS is expanding its current 400,000-square-foot facility by 200,000 square feet. “This is wonderful news […]
Coffee roaster to invest $29M to expand Suffolk facility
Massimo Zanetti Beverage USA, the North American operating unit of the Italian coffee roaster Zanetti Beverage Group, will invest $29.1 million to consolidate and expand operations at its Suffolk roasting facility, a project expected to create 79 jobs, Gov. Glenn Youngkin announced Monday. “Massimo Zanetti Beverage USA’s continued expansion in Virginia speaks volumes about the […]
DNA lab capacity expansion to bring 70 more jobs to Fairfax
Lorton-based forensic DNA testing company Bode Technology will invest $2 million to expand its DNA testing lab capacity in Fairfax County, a project expected to create more than 70 jobs, Gov. Glenn Youngkin announced Monday. The company will reconfigure about 5,000 square feet of its lab and add laboratory benches and robotics to support increased […]
Paper goods manufacturer announces $17M Henrico expansion
Washington-based paper goods manufacturer American Paper Converting (APC) will complete a $17 million expansion of its Henrico County operations, expected to add 69 jobs, the Henrico Economic Development Authority announced Tuesday. APC will move its current operation at 4401 Carolina Ave. to 5801 Tech Park Way, near the county’s White Oak Technology Park. The larger […]
Two Va. projects are finalists for $100M U.S. EDA grants
Two Virginia projects — one to make Central Virginia an advanced pharmaceutical manufacturing hub and one to support the transportation and logistics cluster in Southern and Southwest Virginia — are two of 60 finalists for the U.S. Economic Development Administration’s Build Back Better Regional Challenge, which will provide awardees with up to $100 million each. […]
Chesterfield EDA eyes mixed-use project at Spring Rock Green
The Chesterfield County Economic Development Authority has proposed purchasing Spring Rock Green — a 42-acre property on the northwest corner of Midlothian Turnpike, near Chippenham Parkway — for $16 million to create a mixed-use development. The property is located between the Stonebridge Shopping Center and The Boulder’s Office Park. The first phase of the project […]
