Please ensure Javascript is enabled for purposes of website accessibility

economic development

Sep 27, 2022

Titanium company investing $82.1M in Halifax County

Charlotte, North Carolina-based IperionX Ltd., a minerals company that produces titanium metal powder for use in manufacturing, announced plans to establish Virginia’s first titanium demonstration facility in Halifax County, an investment of $82.1 million expected to create 108 jobs, Gov. Glenn Youngkin announced Tuesday. The three-year project will be in two phases: The first is […]

Sep 23, 2022

RapidFlight to add 119 jobs at Manassas HQ

RapidFlight LLC, a designer and manufacturer of unmanned aircraft will invest $5.5 million to establish operations in Manassas, creating 119 jobs over the next three years, Gov. Glenn Youngkin announced Friday. RapidFlight is an integrated, end-to-end provider of airborne drones. Founded in 2021 by RapidFlight President Jay Gundlach, the company works for national security and […]

Sep 22, 2022

Pangiam to add 200+ jobs at new Tysons HQ

Pangiam, a travel and security technology company, will invest $3.1 million to establish its global headquarters in Fairfax County’s Tysons area, creating 201 jobs over the next three years, Gov. Glenn Youngkin announced Thursday. Pangiam provides facial recognition technology, cloud-based applications and data-driven identity solutions to customers including the Department of Homeland Secur[...]

Sep 20, 2022

Wisconsin company to open $2M plant in Roanoke County

Osseo, Wisconsin-based North American Specialty Laminations LLC, a company that provides lamination solutions to the building products industry, will invest $2 million to open a mid-Atlantic production facility in Roanoke County, creating 44 jobs, Gov. Glenn Youngkin announced Tuesday. NASL’s 57,000-square-foot plant will be located at 5185 Benois Road. It will serve NASL customers along [&h[...]

Sep 14, 2022

$300M vertical farming campus coming to Chesterfield

A $300 million indoor vertical farm campus — billed as the world’s largest — is coming to Chesterfield County’s Meadowville Technology Park, Gov. Glenn Youngkin announced Wednesday. San Francisco-based Plenty Unlimited Inc. is expected to produce 300 jobs over the next six years in a multiphase project. The first farm, expected to be completed in […]

Sep 12, 2022

UPDATED: Richmond picks Diamond District development team

Updated Sept. 15 The city of Richmond announced Monday it has selected a joint venture including Richmond-based Thalhimer Realty Partners to build a new baseball stadium for the Richmond Flying Squirrels, as well as a mixed-use development surrounding the stadium, revitalizing the area into a new neighborhood to be known as the Diamond District. The […]

Sep 8, 2022

Civica announces plans for $27.8M lab in Chesterfield

Nonprofit drugmaker Civica Rx is investing $27.8 million to establish a new 55,000-square-foot laboratory in Chesterfield County’s Meadowville Technology Park, Gov. Glenn Youngkin announced Thursday. The expansion will add 51 jobs, according to a news release. The company will also host a scale-up manufacturing facility run by Virginia Commonwealth University’s Medicines for All Instit[...]

Gov. Glenn Youngkin signs a hood as Carvana General Manager Robert Sheets steadies it at Carvana's inspection facility in Chesterfield County. Del. Carrie Coyner and Chesterfield Supervisor James Holland stand to the governor's right.
Aug 31, 2022

Chesterfield Carvana facility opens with 240 employees

Fortune 500 used car online retailer Carvana Co. is more than halfway to its 400-employee hiring goal for its $25 million, 191,000-square-foot Chesterfield County inspection center, General Manager Robert Sheets said Wednesday at the center’s ribbon cutting. Carvana has hired 240 employees and expects to reach 400 workers when it begins full production later this […]

Aug 29, 2022

Generation next

There’s a new wave of “super collaborators” driving economic development in the Roanoke and New River valleys. Many of the top positions in the region’s public and private sector economic development engines have turned over in the past couple of years. In multiple cases, individuals who had held positions for decades decided to retire or […]

Sen. Mark Warner receives a tour of the C. Kenneth and Dianne Harris Wright Virginia Microelectronics Center from Hadis Morkoç, Virginia Commonwealth University Founders Professor of Electrical Engineering and Physics
Aug 27, 2022

Va. officials woo chip manufacturers

U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to fight for a piece of the financial pie from sweeping federal legislation that promises to ramp up chip production in the U.S. Representatives of Chesterfield, […]

Aug 25, 2022

Chesterfield-based Paymerang expands to Wise County

Chesterfield County-based payment and invoice automation company Paymerang LLC will expand its operations to Southwest Virginia, creating 50 jobs in Wise, the company announced Thursday. The move follows a previous expansion of its Chesterfield County headquarters. In Wise, employees will work in software development, cloud engineering and payment operations. Paymerang is the second company to jo[...]

Aug 24, 2022

Va. Beach’s DroneUp to add 655 jobs

Virginia Beach-based DroneUp LLC is adding 655 jobs as part of a $27 million expansion that will include establishing a drone testing, training and research and development center at Richard Bland College, Gov. Glenn Youngkin announced during a news conference Wednesday at the Executive Mansion in Richmond. DroneUp, which specializes in commercial drone delivery and […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.