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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[...]
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 […]
Gazing into the future
The waterways and shorelines that make up Hampton Roads harbor a historic reputation as ideal hosts for commerce, trade, shipbuilding, military installations and government research. Its beaches and historical sites attract millions of visitors, and the region is home to farms, businesses and universities. We know the past and present, but what about the future […]
Startup resources
Entrepreneurship continues to grow across Hampton Roads, with many organizations dedicated to helping startups and small businesses expand and thrive. Here is a sample of the many resources available: 504 Capital 504capital.com 757 Accelerate 757accelerate.org 757 Angels 757angels.org 757 Startup Studios 757startupstudios.org 757 Makerspace 757makerspace.com Black BRAND blackbrand.biz Business Dev[...]
The Pharrell factor
Some celebrities seem to forget their roots. Fortunately for Hampton Roads, Pharrell Williams is not that kind of star. The Grammy-winning musician with a worldwide following has invested in the area repeatedly over the past several years and is poised to continue. Even as his career took a new path this year when he was […]
Wells Fargo to launch $87M expansion in Roanoke County
San Francisco-based Wells Fargo will spend $87 million to modernize and expand its Roanoke County customer support center, adding 1,100 jobs in a deal that will make the bank the county’s largest employer. The deal is also the largest project employment announcement in the county’s history, as well as its largest commercial office investment, Gov. […]
Amazon to open fulfillment, delivery facilities in Va. Beach
Amazon.com will launch a fulfillment center and delivery station in Virginia Beach, creating an estimated 1,000 full-time jobs, Gov. Glenn Youngkin announced Monday. Groundbreaking began Monday, according to Ian Allen-Anderson, an Amazon spokesperson. The fulfillment center will be located at the intersection of Harpers and Dam Neck roads, and the delivery station will be “at […]
Lyon Shipyard to expand, adding 134 jobs
Lyon Shipyard, a 95-year-old family-owned ship repair facility in Norfolk, will spend $8.5 million to expand its operations and add an estimated 134 jobs, Gov. Glenn Youngkin announced Wednesday. The shipyard plans to increase its capacity to work on commercial ships and vessels that will work on offshore wind farm operations. Virginia competed with Maryland […]
Va. trade office opens in Taiwan
Virginia has opened its trade office in Taiwan. Announced in April, the office is Virginia’s fourth international trade office and follows Youngkin’s meeting with Taiwan’s president, Tsai Ing-wen, during the governor’s first international trade mission. Virginia Secretary of Commerce and Trade Caren Merrick was joined by Liang-yu Wang, director general of Taiwan’s Dep[...]
