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Warner condemns FBI HQ site selection in Md. as ‘corrupt’
U.S. Sen. Mark Warner said Thursday that the FBI headquarters site selection — choosing Greenbelt, Maryland, over Springfield — was “corrupt” and that he expected better from the Biden administration. Warner’s comments followed a Thursday morning email by FBI director Christopher Wray to the agency’s entire workforce, saying that a former political appointee to the [&he[...]
Newport News Shipbuilding expands to Norfolk
With the largest workload it’s had in four decades, Newport News Shipbuilding has had to get creative about how to use the limited footprint at its shipyard in Newport News. So when an opportunity to set up a second campus not far away — on the other side of the Hampton Roads Bridge-Tunnel, in Norfolk […]
Glass manufacturing operation to create 659 jobs in Prince George
PGT Innovations, a Florida-based manufacturer and supplier of windows and doors, will invest $54.3 million to establish a glass manufacturing operation in the former Rolls-Royce facility in Prince George County’s Crosspointe Logistics Center, creating 659 jobs, Gov. Glenn Youngkin announced Friday. Virginia competed with Arizona for the project. The plant will manufacture glass under the [&h[...]
SWVA clean energy development could draw $8.5B in investments
Wise County and neighboring localities in Southwest Virginia may become home to a massive clean energy development that could attract up to $8.25 billion in capital investments, Gov. Glenn Youngkin announced Wednesday. An agreement between Energy DELTA Lab, Dallas-based Fortune 100 energy company Energy Transfer and Wise County will involve the development of 65,000 acres […]
Food/bev distributor opens $275M Caroline County center
Food and beverage distributor World Class Distribution has opened its nearly finished $275 million, 1.2 million-square-foot distribution center in Caroline County with 400 employees, the county’s board of supervisors announced Tuesday. Gov. Glenn Youngkin initially announced the project in November 2022, at which time WCD expected to add 745 jobs. The company now plans to […]
King George exploring second industrial park
King George County officials are negotiating with two landowners where the county wants to build a new industrial and technology park as it looks for a spot to lure more businesses. The existing 149-acre King George County Industrial Park is full, and there’s nothing to offer economic development prospects there. During the past two years, […]
Fix-it shop
Since becoming Arlington County’s economic development director in November 2022, Ryan Touhill’s most pressing challenge has been sharply delineated: The county’s office vacancy rate has hit 23.7%, nearly twice the national rate of 13.1%, a record high itself, according to the National Association of Realtors. Like other localities, Arlington is coping with multiple factors that […]
Coming into focus
In 2016, amid concerns over how the Virginia Economic Development Partnership was being run, the General Assembly directed Virginia’s Joint Legislative Audit and Review Commission to examine VEDP’s organizational management and performance. “There was a perception, at least publicly, that [VEDP] was a fairly good organization that was successful in bringing in business,” says Hal […[...]
Third-party logistics company to expand in Pulaski County
Wytheville-based third-party logistics company Camrett Logistics will invest more than $2 million to expand in Pulaski County, creating an estimated 58 jobs, Gov. Glenn Youngkin announced Tuesday. Camrett Logistics’ investment in its Dublin facility will include construction, renovating existing space and buying new forklifts and electric trucks. “Homegrown Virginia businesses like Camrett Log[...]
Jefferson Lab to lead $300M data hub
The Thomas Jefferson National Accelerator Facility will lead a $300 million to $500 million data science computing hub that will make scientific data more accessible to sciences nationwide, the U.S. Department of Energy announced Monday. Known as the High Performance Data Facility hub (HPDF), the project will be based at the Newport News-based lab in […]
Envelope maker to expand in Bedford County
Forest-based Parkland Direct, a lithographic print and custom envelope manufacturer, will invest $10 million to expand in Bedford County, creating 41 jobs, Gov. Glenn Youngkin announced Tuesday. The company will add 50,000 square feet to its current 60,000-square-foot facility to increase production capacity with the addition of two converters and press machines. The family-owned business [&hellip[...]
An overview of Hampton Roads
With a population of 1.79 million people in 17 localities, Hampton Roads is the second most populated region of Virginia, just behind Northern Virginia. Virginia Beach, with approximately 457,000 residents, is the commonwealth’s biggest city by population, and neighboring Norfolk has the highest density in the region, with 4,467 people per square mile, according to […]
