Please ensure Javascript is enabled for purposes of website accessibility

economic development

Gov. Glenn Youngkin signed on Oct. 31, 2025, a memorandum of understanding with AstraZeneca, Eli Lilly, Merck and state entities to establish a training center. Photo by Katherine Schulte/Virginia Business
Oct 31, 2025

AstraZeneca, Eli Lilly, Merck commit $120M to Virginia pharma training

AstraZeneca, Eli Lilly and Merck committed $120 million to develop an advanced pharmaceutical manufacturing training center in Central Virginia.

Touhill leaving Arlington Economic Development
Oct 30, 2025

Touhill leaving Arlington Economic Development

Arlington Economic Development Director Ryan Touhill is leaving AED, the Arlington Chamber of Commerce confirmed Thursday.

Default Alt Text
Oct 30, 2025

Virginia Beach maritime contractor to hire 86 workers

Virginia Beach maritime government contractor Anchor Innovation plans to add 86 jobs as part of an expansion, Gov. Glenn Youngkin announced Thursday. Founded in 2002, Anchor Innovation is a service-disabled, veteran-owned contractor providing marine maintenance and support to the U.S. Navy, including vessel repairs and upgrades. Anchor Innovation plans to invest $213,000 on the expansion, [&hellip[...]

Default Alt Text
Oct 30, 2025

Botetourt hires new economic development director

Botetourt County announced Thursday that it has appointed Kyle Rosner as its new director of economic development.

A ham on a cutting board. Half has been sliced. Photo by DepositPhotos
Oct 28, 2025

Ham producer to build $1.2M facility in Isle of Wight County

The Isle of Wight County is bringing home the bacon in the form of a $1.2 million Darden Hams production facility.

Temporary Petersburg casino to open in January
Oct 24, 2025

Temporary Petersburg casino to open in January

A temporary casino preceding the $1.4 billion Live! Casino & Hotel Resort in Petersburg is expected to open in January 2026.

Bon Secours St. Francis Medical Center. Photo by Virginia Business/Kira Jenkins.
Oct 21, 2025

Virginia health board backs VCU Health, Bon Secours projects in Chesterfield

Virginia health staff recommend approval for VCU Health and Bon Secours projects in Chesterfield, but recommend denying HCA proposal.

Four cards and a stack of chips on a green felt table
Oct 14, 2025

Roanoke eyes casino at Berglund Center

Roanoke officials announced they are exploring the idea of locating a casino at the Berglund Center to boost revenue and tourism.

AstraZeneca plans multibillion-dollar pharma factory in Virginia
Oct 9, 2025

AstraZeneca to invest $4.5B in Albemarle manufacturing plants

AstraZeneca will invest $4.5 billion to establish two new manufacturing facilities in Albemarle County and create 600 direct jobs.

Newport News targets 12 sites for development
Oct 2, 2025

Newport News targets 12 sites for development

During a economic development summit on Thursday, Newport News city leaders unveiled 12 sites they want to see redeveloped.

Lego Manufacturing Virginia General Manager Jesus Ibañez speaks at the topping out ceremony for Lego's Chesterfield factory on Oct. 1, 2025. Photo courtesy Lego Group
Oct 1, 2025

Lego’s $1B Chesterfield facility nears 35% completion

The Lego Group’s $1 billion facility in Chesterfield County is nearly 35% complete, said Lego Manufacturing Virginia General Manager Jesus Ibañez.

Dover Food Retail to add 300 jobs in Chesterfield
Sep 30, 2025

Dover Food Retail to add 300 jobs in Chesterfield

Dover Food Retail will soon invest over $20 million to expand its Virginia operations, adding 300 jobs in Chesterfield County.

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.