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100 People to Meet in 2026: Rainmakers
These are the professionals who attract and grow businesses and industries, making the commonwealth wealthier.
JLARC: Data centers received $2.7B in state tax cuts
A JLARC report shows Virginia data centers received $2.7B in tax exemptions from FY 2015–24, accounting for more than half of state incentive spending.
Amazon to invest $50B to expand federal AI, computing capacity
Amazon plans to invest up to $50 billion to expand artificial intelligence and supercomputing capacity for its U.S. government cloud customers.
Richmond seeks developers for bus station, mixed-use project
Richmond has issued a request seeking developers for a downtown mixed-use project to include a bus transfer hub, housing and retail.
Data center developer to build $3B campus in Caroline
CleanArc Data Centers is building a $3 billion data center campus in Caroline County, Gov. Glenn Youngkin announced Thursday.
NSF to remain in Alexandria, but in a smaller building
The National Science Foundation new headquarters will be located in Alexandria on the same campus as the U.S. Patent and Trademark Office
Scout Motors picks Charlotte for new corporate headquarters
After investing over $2 billion in South Carolina, an electric vehicle manufacturer has chosen to cross state lines for its corporate headquarters. Scout Motors, which is building a $2.3 billion production center for its all-electric SUV and pick-up in the Midlands, will locate its corporate hive in Charlotte. The news comes just two months after […]
Modine announces $19.6M Buena Vista expansion
Modine will relocate its heating division headquarters to Buena Vista, Virginia, investing $19.6 million and creating 57 new jobs.
Henrico appoints new EDA director
The Henrico Economic Development Authority has appointed Cari M. Tretina to be its executive director, effective Jan. 1.
Lego holds groundbreaking for $366M Prince George distribution center
The Lego Group held a ceremonial groundbreaking Thursday for its $366 million warehouse and distribution center in Prince George County.
Defense contractor to add 288 workers at Roanoke night-vision goggle factory
Elbit Systems of America will invest $30 million to expand its Roanoke County manufacturing facility and create 288 jobs.
New documents reveal scope of Google’s Chesterfield data center campus
Google plans to build an 855,846-square-foot data center campus on a roughly 307-acre property in Chesterfield County.
