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expansion

Oct 7, 2020

Md.-based tech company opens NoVa lab

Greenbelt, Maryland-based tech company Paradyme Management Inc. announced Wednesday it has established an IT lab, Paradyme Labs, in Tysons.  The lab will serve as a hub for team and customer collaboration and as an operations space for recruiting, training, sales and engineering. The expansion allows for more space for Paradyme, which has nearly doubled the […]

Oct 7, 2020

Plasser American Corp. announces $52.6M Chesapeake expansion

Railway equipment manufacturer Plasser American Corp. will invest $52.6 million to expand its operations in the city of Chesapeake, creating 98 jobs, Gov. Ralph Northam announced Wednesday.  Plasser American Corp., which manufactures railway construction and maintenance equipment, will add a 45,000-square-foot, three-story office building and an 82,000-square-foot manufacturing facility. The comp[...]

Sep 28, 2020

Hitachi AAB Power Grids expanding in Bland County

Hitachi ABB Power Grids will invest $6.2 million to upgrade equipment and increase manufacturing capacity at its operations in Bland County, where it is the county’s largest private-sector employer. The expansion will add 40 jobs, Gov. Ralph Northam announced Monday. “Hitachi ABB Power Grids has made tremendous contributions to Southwest Virginia and the commonwealth for […]

Jul 15, 2020

Va. Beach manufacturing company investing $15.8M in expansion

Virginia Beach-based Acoustical Sheetmetal Co. (ASC) will invest $15.8 million to expand its operations, adding a 100,000- square-foot facility and creating 200 jobs, Gov. Ralph Northam announced Wednesday.  ASC manufactures sound-reducing and weather-protective enclosures for onsite power generation equipment, such as control rooms, house generators, pumps, compressors, switchgear and HVAC equip[...]

The Hershey Co. is investing $135 million to expand its Stuarts Draft factory. Photo courtesy The Hershey Co.
Jun 30, 2020

Hershey announces $135M Augusta County expansion

The Hershey Co. will invest $135 million to expand its manufacturing operation in Augusta County, Gov. Ralph Northam announced Tuesday. The 90,000-square-foot expansion of the Stuarts Draft facility will create 110 jobs. Hershey Chocolate of Virginia Inc. has operated in Augusta County for more than 30 years, employing more than 1,000 workers. The Augusta County […]

Jun 11, 2020

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 […]

May 18, 2020

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. […]

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