Sign In
Free Newsletter
Flower Foods invests $25 million to expand Lynchburg bakery
Thomasville, Georgia-based Flowers Foods will invest $25 million to expand its Lynchburg bakery into an organic facility that will create 15 jobs, Gov. Ralph Northam announced Thursday. Flowers Foods was founded in 1919 and opened its Lynchburg location 40 years ago. A publicly traded company with $4 billion in 2018 sales, Flowers Foods produces and […]
DuPont Spruance facility plans $75M expansion in Chesterfield
Technology-based materials producer DuPont de Nemours Inc. will invest $75 million to expand and modernize its Kevlar manufacturing plant in Chesterfield County over the next several years, Gov. Ralph Northam announced Tuesday. The DuPont Spruance factory employs 2,000 people and will add 60 more jobs as a result of the expansion. The plant, which opened […]
Virginia renews 15 Enterprise Zones
Fifteen Virginia Enterprise Zones (VEZ) were renewed for another five years, continuing to make expanded economic development grants available for qualified employers and investors in the zones, Gov. Ralph Northam announced Monday. The Virginia Department of Housing and Community Development (DHCD) administers the program for the 15 zones that were initially designated in 2000, 2005 […]
Fairfax County EDA CEO honored for collaborative leadership
Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority, received the Ronald Kirby Award for Collaborative Leadership this week from the Metropolitan Washington Council of Governments, the FCEDA announced Friday. The award recognizes non-elected government executives who work collaboratively with elected officials, stakeholders and their communities to shape a better[...]
Danville’s Telly Tucker will lead Arlington Economic Development
Telly Tucker, director of economic development in Danville, is leaving next month to lead Arlington County’s economic development department, the city of Danville announced Thursday. “It was a tremendous opportunity,” Tucker said Thursday in a phone interview. “My heart will always be in Danville for the opportunity they gave me. It’s bittersweet in a sense, […]
Suffolk EDA awards $15K grant to local cafe
The Suffolk Economic Development Authority has awarded a $15,000 state grant to Wall Street Cafe, which plans to open a new venture in the city. The two-story Wall Street Cafe building on Suffolk’s Washington Street will house a coffee shop on the first floor and a real estate and finance professional office on the second […]
Go Virginia awards $5.8 in regional grants
Nine regional projects will receive a combined $5.8 million in Growth and Opportunity for Virginia (GO Virginia) funding, Gov. Ralph Northam announced Wednesday. The grants, which were approved by the Go Virginia Board and the Virginia Department of Housing and Community Development, will support regional economic development and workforce development initiatives and encourage collaboration among[...]
Indoor farm to create 92 jobs in Danville-Pittsylvania County
New Jersey-based AeroFarms is investing $42 million to construct a 150,000 indoor vertical farm in Cane Creek Centre, a joint industrial park for Danville and Pittsylvania County. The facility will create 92 jobs. AeroFarms employs a proprietary growing technology to produce leafy greens through aeroponics, a process in which plants are grown outside soil on […]
Wegmans distribution center to bring 700 jobs to Hanover
Wegmans Food Markets plans to build a $175 million regional distribution center in Hanover County, creating 700 jobs, Gov. Ralph Northam announced Wednesday. The campus, which will be located along Sliding Hill and Ashcake Roads off Interstate 95 in Ashland, will expand the grocer’s distribution network on the East Coast. Operations will start in 2022 […]
Fredericksburg industrial park parcel sells for $3.8M
A nearly 11-acre parcel in Fredericksburg’s Battlefield Industrial Park has sold for $3.8 million to Fairfax County-based Andrew and Andrew RE Investment, Cushman & Wakefield | Thalhimer announced Thursday. Located at the intersection of Tyler Street and Central Road, the parcel consists of four mostly vacant office and industrial buildings comprising 75,000 square feet and three [&hell[...]
Carvana opening $25M center in Chesterfield
Tempe, Arizona-based Carvana Co., an e-commerce platform for buying and selling used cars, will be investing $25 million to establish a vehicle inspection and reconditioning facility that will create an estimated 400 jobs in Chesterfield County, Gov. Ralph Northam announced Thursday. “Carvana is a fast-growing national company, and we are proud that it has chosen […]
SCHEV issues ‘roadmap’ for state economic development investment
The Virginia Research Investment Committee has approved the State Council of Higher Education’s Commonwealth Research and Technology Strategic Roadmap, which spells out research areas that will yield the greatest impacts from state investment in economic development with state investment for the next three years, SCHEV announced Wednesday. The report identifies these research areas as worthy [&h[...]
