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economic development

Buc-ee’s co-founder and CEO Arch “Beaver” Aplin III (center left) and Gov. Glenn Youngkin (center right) speak at the groundbreaking for Buc-ee's Rockingham County location on Jan. 30, 2024. Official Photo by Christian Martinez, Office of Governor Glenn Youngkin
Jan 2, 2025

Buc-ee’s estimates first Va. location to open in June

Leave it to beaver — the behatted mascot of mega-travel center chain Buc-ee’s, that is. Texas-based Buc-ee’s projects it will open its first travel center in Virginia — its 74,000-square-foot Rockingham County location — on June 30, although the opening date is not set in stone, Buc-ee’s Media Coordinator Crissy Gonzales noted in an email […]

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Dec 31, 2024

Greensville ‘bouncing back’ after Boar’s Head plant closure

Nearly three months after Boar’s Head shut down its Jarratt plant, North Carolina-based Carolina Structural Systems announced Nov. 25 that it would spend $5.5 million to build a manufacturing site for custom trusses and similar products in Greensville County, adding 58 jobs. The county’s economic development director, Natalie Slate, calls the announcement a good start […]

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Dec 31, 2024

Chesterfield’s Springline development moves forward

Timmons Group expects to move its headquarters from a Chesterfield County office park into the county’s new Springline at District 60 mixed-use project in the first quarter of 2025. The five-story, 150,000-square-foot building is one of three buildings in the first phase of the development near the Chippenham Parkway and Midlothian Turnpike intersection that should […]

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Dec 31, 2024

What to expect from the 2025 Va. General Assembly

The General Assembly enters the fourth year in the gubernatorial cycle with even more gridlock than usual. Democrats hold narrow majorities in both the House of Delegates and Senate, but are vulnerable to vetoes by Republican Gov. Glenn Youngkin, who begins the final year of his constitutionally mandated single term. Hopes for bipartisan compromise were […]

TOPFIVE
Dec 31, 2024

Top Five January 2025

1 | Inova pays $2.37 million to settle False Claims Act allegations Three Inova Health entities agreed to settle claims that Inova submitted Medicaid claims containing falsified information. (Nov. 18) 2 | Pittsylvania County wins $1.3 billion battery separator project Tennessee-based Microporous announced it will build its battery separator manufacturing facility at the Southern Virginia […[...]

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Dec 30, 2024

Micron to invest $2.17B in Manassas expansion

Semiconductor company Micron Technology will invest up to $2.17 billion to expand its Manassas manufacturing facility, creating an expected 340 jobs, Gov. Glenn Youngkin announced Monday. Micron will modernize the plant at 9600 Godwin Drive to produce dynamic random-access memory (DRAM) chips for automotive, aerospace, defense and industrial markets, according to a news release from […]

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Dec 17, 2024

Hundreds pack into Caesars Virginia on opening day

Hundreds of people descended upon Danville’s Main Street Tuesday to celebrate the opening of the $800 million Caesars Virginia, the third permanent casino to open in the state. Caesars didn’t shortchange on spectacle for the first day. A faux Roman legionary struggled to climb out of a Rolls-Royce to join Vegas-style showgirls and others for […]

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Dec 16, 2024

Business Facilities names Virginia 2024 State of the Year

Business Facilities has named Virginia its 2024 State of the Year, recognizing the state’s business environment and economic development success, the publication announced Monday. The award comes in the same year as Virginia’s sixth No. 1 ranking as CNBC’s Top State for Business, awarded in July. Virginia previously won Business Facilities’ State of the Year […]

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Dec 10, 2024

Developer plans $3B data center in Appomattox County

A Connecticut developer plans to build a $3 billion data center on a 452-acre site in Appomattox County. AVAIO Digital Partners announced Tuesday it had signed an agreement with the Appomattox County Economic Development Authority to purchase the industrial site. “This project in Appomattox County exemplifies our strategy of expanding Virginia’s thriving data center industry […]

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Dec 6, 2024

Paver manufacturer to invest $47M for Pittsylvania facility

Cambridge Pavers, a New Jersey-based manufacturer of pavers, slabs and wall systems, will invest $47.35 million to establish a 150,000-square-foot facility at Ringgold East Industrial Park in Pittsylvania County, Gov. Glenn Youngkin announced Friday. Virginia competed with North Carolina, South Carolina, New Jersey, and Massachusetts for the project, which is expected to create 55 jobs.   [&hell[...]

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Dec 3, 2024

Van maker repays state grant after Pittsylvania layoffs

Morgan Olson has paid back a $500,000 Virginia Port Authority grant after the Michigan-based manufacturer of walk-in step vans failed to employ an agreed-upon number of workers at its facility at the Cane Creek Centre Industrial Park in Pittsylvania County. It’s not the jubilant future economic developers had envisioned when celebrating the company’s October 2019 […]

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Nov 30, 2024

Pittsylvania megasite wins $1.3B battery separator project

Tennessee-based Microporous will invest $1.3 billion to build a battery separator manufacturing facility at the Southern Virginia Megasite at Berry Hill in Pittsylvania County, Gov. Glenn Youngkin announced Nov. 13. The company expects to create 2,015 jobs. The megasite’s first tenant, Microporous will develop Lot 1 at the park in two phases, with each phase […]

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