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economic development

Jan 26, 2021

Va. Beach logistics company to create 31 jobs

Virginia Beach-based logistics company Regulus Global LLC will add 31 employees and lease an additional 12,000 square feet in the city, the Virginia Beach Department of Economic Development announced Tuesday. “For the last nine years Regulus Global has been a rapidly growing business, executing a medical, expeditionary and national security business worldwide,” Regulus Global CEO […[...]

Jan 22, 2021

Norfolk communications equipment manufacturer to create 68 jobs

A $6.5 million expansion by Norfolk-based Tabet Manufacturing Co. will create 68 jobs in the region, Gov. Ralph Northam announced Friday. The communications equipment manufacturer will expand its operations by constructing a new manufacturing facility next to its current location at 1336 Ballentine Blvd.  Tabet was founded more than 60 years ago and developed the […]

Rambler Wood Products is moving into this former Bush Furniture Industries facility in St. Paul.
Jan 15, 2021

Wood products manufacturer will create 73 jobs in Russell County

Rambler Wood Products is investing $7.6 million to establish a wood products manufacturing facility in Saint Paul, creating 73 jobs in the Russell County area, Gov. Ralph Northam announced Friday. “As Virginia’s third-largest private sector industry, forestry supports thousands of quality jobs in our rural communities and contributes $21 million in economic impact each year,” […]

Jan 15, 2021

Laminating company to add 42 jobs in Henry County

Custom laminating company Laminate Technologies Inc. will invest $4 million to expand its Henry County facility in Ridgeway, creating 42 jobs, Gov. Ralph Northam announced Friday. The company’s manufacturing facility, which opened in 2012, is located at 775 Industrial Park Drive, where an automated hardwood plywood press line will be installed to increase its capacity […]

Jan 14, 2021

Mohawk Industries to invest $22.5M in Carroll County operation

Flooring manufacturing giant Mohawk Industries Inc. will invest $22.5 million to expand its Carroll County operation, creating 35 jobs, Gov. Ralph Northam announced Thursday. Mohawk, which currently employs more than 900 Virginians, will add 19,000 square feet to its 351 Floyd Pike facility in Hillsville and install new equipment to increase its production speed. “We […]

Jan 13, 2021

10 Va. companies join VEDP’s export trade program

The Virginia Economic Development Partnership (VEDP) announced Wednesday that 10 new companies have been accepted into its two-year Virginia Leaders in Export Trade (VALET) program, which helps companies work on international exporting growth strategies. The VALET program helps Virginia companies to establish domestic operations for exports and encourages using international exporting as a growth [...]

Felicia Howard. Photo courtesy Dominion
Jan 6, 2021

Dominion names economic development strategy VP

Richmond-based Dominion Energy Inc. announced Wednesday that Felicia Howard has been promoted to the newly created position of vice president of economic development strategy, effective Jan. 1. Howard most recently served as vice president of gas operations for Dominion Energy South Carolina, but will be based in Richmond for her new role. She will oversee […]

Mike Davidson was appointed as interim executive director for the Halifax County Industrial Development Authority.
Dec 29, 2020

Amid leadership shuffle, Halifax sees silver lining

The Halifax County Industrial Development Authority has seen some upheaval recently, but officials say there are several projects in the pipeline as well as a new shell building ready to be occupied. In October 2020, IDA executive director Brian Brown was fired after being hired a little more than a year ago, a move that […]

Casino timeline graphic courtesy of the Office of Mayor Levar M. Stoney.
Dec 28, 2020

Richmond city government solicits proposals for resort casino

Richmond has issued a request for qualifications/proposals, the first step in launching a competitive process for bringing a resort casino to the state capital, subject to voter approval. Earlier this year, Gov. Ralph Northam signed legislation allowing five economically challenged cities — including Richmond — to open casinos. Voters in Bristol, Danville, Norfolk and Portsmouth […]

Steve Harrison
Dec 23, 2020

Virginia Economic Developers Association announces 2021 officers

The Virginia Economic Developers Association (VEDA) announced Wednesday its elected 2021 officers, including a new president, vice president, treasurer and secretary. The VEDA is a member-based association that works to provide professional services for economic development in Virginia. Founded in 1982, it offers training and networking opportunities and acts as a voice for more than […]

Dec 15, 2020

DHL Supply Chain to create 577 jobs in Stafford County

DHL Supply Chain, a contract logistics company with its North American headquarters in Ohio, is investing $72 million to establish a mid-Atlantic distribution center in Stafford County’s Venture Business Park, creating 577 jobs, Gov. Ralph Northam announced Tuesday. The company will build a 500,000-square-foot high-bay facility for its Real Estate Solutions unit. Virginia competed with [&hel[...]

Dec 10, 2020

eHealth Technologies creating 160 jobs in Scott County

eHealth Technologies Inc., a provider of medical record and image retrieval and clinical intelligence services, is investing $375,000 to establish a customer support center in Scott County that will create 160 jobs, Virginia Gov. Ralph Northam announced Thursday. Based in Rochester, New York, eHealth Technologies is a wholly owned subsidiary of Fairfax County-based private equity […]

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