Sign In
Free Newsletter
Va. Economic Developers Assoc. announces award recipients
The Virginia Economic Developers Association (VEDA) announced Tuesday the recipients of its 2020 Community Economic Development Awards (CEDA): the city of Harrisonburg for its Bricks & Clicks Initiative and a regional economic development collaboration among Pittsylvania County, Danville and the Southern Virginia Regional Alliance. CEDA awards are given to economic and community development pr[...]
GO Virginia Region 3 names program director
Growth and Opportunity for Virginia’s Region 3 Council announced Tuesday it has named former Orange County Administrator Bryan David as program director for the region, which includes the cities of Danville and Martinsville. In his new role, David will lead the operations of the Region 3 GO Virginia Council in collaboration with partner organizations, residents […]
Global law firm opens Tysons office
Atlanta-based global law firm King & Spalding LLP will open its 22nd office in Tysons, the Fairfax County Economic Development Authority (FCEDA) announced Tuesday. Founded more than 130 years ago, King & Spalding employs more than 1,100 lawyers across 22 offices in the United States, Europe, the Middle East and Asia. The Tysons office will […]
Ship repair company building $64.4M Newport News campus
S23 Holdings LLC, a maritime company focused on ship repair and manufacturing, plans to locate its corporate and industrial campus in Newport News, Gov. Ralph Northam announced Tuesday. The company, which includes among its affiliates East Coast Repair and Fabrication (ECR), will invest $64.4 million and is expected to create 332 jobs. ECR already has […]
Calif. tech firm’s $12.4M Va. relocation will create 700 jobs
Calabasas, California-based tech and professional services company ASGN Inc. will invest $12.4 million to move its corporate headquarters and operations to Virginia, creating a total of 700 jobs, Gov. Ralph Northam announced Monday. “The creation of 700 new jobs is critical as we work to rebuild and strengthen our economy from the impacts of COVID-19,” […]
$14.66M in GO Virginia funds redirected to COVID-19 recovery initiative
More than $14.66 million of Growth and Opportunity for Virginia (GO Virginia) funding for economic development has been redirected to a new Economic Resilience and Recovery Program in response to COVID-19-related economic impacts, Gov. Ralph Northam announced Monday. “The COVID-19 pandemic has had an unprecedented impact on our economy, and we must use every asset […]
FerraTex to buy Henry County facility for $1.95M
FerraTex Solutions LLC will purchase the former Compton Woods Products facility in Bowles Industrial Park in Henry County for $1.95 millon, Gov. Ralph Northam announced Thursday. FerraTex, which specializes in services and liners for cured-in-place pipes (a method of repairing existing pipelines), will renovate and expand the facility, adding 15 jobs. “As we work to […]
Coffee roasting company to build Suffolk distribution center
Massimo Zanetti Beverage USA Inc. (MZB-USA) announced Thursday it will build a 355,933-square-foot distribution center in Suffolk to support its headquarters and main coffee roasting operations in Portsmouth. The distribution center will be located in the Virginia Port Logistics Park, which is located approximately 30 miles from the Port of Virginia. Construction on the warehouse […]
Va. Beach defense contractor to create 100 jobs
Virginia Beach-based defense contractor Valkyrie Enterprises Inc. announced Friday it has received a $125,000 grant from the Virginia Beach Development Authority (VBDA) to aid in its planned expansion by 100 full-time jobs during the next three years. “Valkyrie Enterprises epitomizes the real value of these grants,” Economic Development Director Taylor Adams said in a statement. […]
Greater Washington Partnership names CEO
The Greater Washington Partnership (GWP) announced Wednesday that JB Holston will become the organization’s CEO in September. Founded in 2017, GWP is an alliance of 27 CEOs and business leaders in the region that focuses on economic development for the greater Washington region, including parts of Northern Virginia, Richmond and Baltimore. Holston succeeds the organization’s […]
Fairfax County board ponders $30M COVID-19 relief program
The Fairfax County Board of Supervisors on Tuesday will consider launching a small business and nonprofit relief grant program that could disperse up to $30 million to local businesses impacted by the COVID-19 pandemic. The proposed guidelines would allocate $10,000 to businesses with one to 10 employees, $15,000 to businesses with 11 to 25 employees […]
D.C./Va./Md. COVID-19 task force forms for economic strategy
Connected DMV, a regional nonprofit collaboration in Northern Virginia, Washington D.C. and Maryland, announced Thursday it has formed a 45-person COVID-19 Strategic Renewal Task Force to make formal recommendations for addressing short-term and long-term COVID-19-related economic recovery. Founded in 2019, Connected DMV focuses on economic development in Virginia, Washington, D.C., and Maryland. [...]
