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economic development

Tyson Foods to open $300M Pittsylvania County facility
Aug 26, 2021

Tyson Foods to open $300M Pittsylvania County facility

Tyson Foods Inc. will open a 325,000-square-foot, $300 million manufacturing facility in the Cane Creek Centre industrial park, creating 376 jobs, Gov. Ralph Northam announced Thursday. The new facility will primarily be used for the production of cooked foods such as Any’Tizer Snacks and chicken nuggets made by Tyson Foods. The poultry company will purchase […]

Aug 20, 2021

Woodgrain Inc. to invest $17M in SW Va., creating 100 jobs

Woodgrain Inc. will invest $9 million to expand its operations in Smyth County and invest $8 million more to purchase and expand the former Independence Lumber sawmill in Grayson County, producing 100 jobs, Gov. Ralph Northam announced Friday. The family-owned business based in Idaho is one of the largest millwork companies in the world, manufacturing […]

Pennsylvania company to build $11M expansion in Pulaski
Aug 12, 2021

Pennsylvania company to build $11M expansion in Pulaski

The Patton Logistics Group will invest $11 million to expand its trucking, logistics and warehousing operation in the New River Valley Commerce Park in Pulaski County, creating 63 jobs, Gov. Ralph Northam announced Thursday. The company will add 150,000 square feet to its 250,000-square-foot logistics center. The expansion will include a trucking operations and maintenance […]

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Aug 12, 2021

Metro unveils major Falls Church redevelopment agreement

The Washington Metropolitan Area Transit Authority has signed an agreement to redevelop the West Falls Church Metro Station site as a more than 1 million-square-foot mixed-use development. Construction is expected to begin in 2023. The agreement was reached with FGCP-Metro LLC, a joint real estate development partnership involving Bethesda, Maryland-based EYA LLC, Washington, D.C.-based Hoffman [&[...]

Oransi manufacturing site in Radford. Photo courtesy Onward New River Valley
Aug 9, 2021

N.C.-based Oransi merges with Radford’s Aviemore

Raleigh, North Carolina-based Oransi, a manufacturer of air purifiers, will merge with Radford-based Aviemore Technologies, Oransi announced Monday. In April, Oransi, announced it would build a $5.6 million manufacturing facility in Radford. Founded in 2009, Oransi will utilize proprietary technologies from Aviemore, a designer and manufacturer of motion controls, to manufacture an air moving syst[...]

Proposals for Norfolk’s Military Circle Mall redevelopment narrowed to 3
Aug 6, 2021

Proposals for Norfolk’s Military Circle Mall redevelopment narrowed to 3

Three groups have submitted full proposals to the city of Norfolk to redevelop Military Circle Mall. In late 2020, Norfolk put out a call for developers to turn the struggling mall into a thriving mixed-use community. The city narrowed the list to four, but on Friday, just three proposals were released by the city, including […]

Aug 6, 2021

Winchester manufacturer to build $1.25 million plant expansion

Winchester-based Evolve Manufacturing will invest $1.25 million to enlarge its plant in Frederick County, creating 84 jobs, Gov. Ralph Northam announced Friday. The company will add a second production line, triple its facility space and increase production for its major customers, including Home Depot, according to a news release. “Evolve … is a key employer […]

Norfolk software company to expand, create 37 jobs
Aug 5, 2021

Norfolk software company to expand, create 37 jobs

A Norfolk-based software company will expand its operation and create 37 jobs, Gov. Ralph Northam announced Thursday. SVT Robotics, a company that accelerates the deployment of industrial robotics, will invest $101,400 to expand in the Ghent area of Norfolk. The company will build a lab to house robotic equipment used to demonstrate its proprietary platform […]

Chesterfield EDA eyes mixed-use project at Spring Rock Green
Jul 30, 2021

Chesterfield EDA eyes mixed-use project at Spring Rock Green

The Chesterfield County Economic Development Authority has proposed purchasing Spring Rock Green — a 42-acre property on the northwest corner of Midlothian Turnpike, near Chippenham Parkway — for $16 million to create a mixed-use development. The property is located between the Stonebridge Shopping Center and The Boulder’s Office Park. The first phase of the project […]

Jul 28, 2021

Virginia snags “Best Business Climate” state ranking

Virginia is the state with the “Best Business Climate” in the nation, according to Business Facilities magazine’s 17th annual State Ranking Report, released Wednesday. Last year, Texas held the No. 1 spot, with Virginia taking second. After falling off Business Facilities’ top 10 list in 2014 and 2015, Virginia placed ninth in 2016, fourth in […]

Richmond snack company investing $16.5M in Henrico facility
Jul 19, 2021

Richmond snack company investing $16.5M in Henrico facility

Richmond-based specialty snack supplier Red River Foods Group Inc. will invest $16.5 million to establish a warehouse and processing facility in Henrico County, creating 60 jobs, Virginia Gov. Ralph Northam announced Monday. Virginia competed with Maryland, New Jersey and Pennsylvania for the project. The center will process tree nuts, seeds and dried fruits and will […]

SimpliSafe bringing second facility to Henrico
Jul 15, 2021

SimpliSafe bringing second facility to Henrico

Home security system manufacturer SimpliSafe will invest more than $3 million to expand its operations in Henrico County, increasing its jobs creation total for the county to more than 800, Gov. Ralph Northam announced Thursday. The company will establish a new customer security monitoring service center at 4840 Cox Road in Glen Allen to provide […]

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