Please ensure Javascript is enabled for purposes of website accessibility

Glenn Youngkin

Homestead Creamery ice cream products. Photo courtesy Homestead Creamery website
Jul 10, 2024

Homestead Creamery to expand Franklin County facility

Dairy products maker Homestead Creamery will carry out a $2.5 million renovation and expansion of its Franklin County production facility, Gov. Glenn Youngkin announced Wednesday. The company will build a new ice cream production room and install additional production and refrigeration equipment and freezers. The expansion is in response to growing customer demand for the […]

VIPC partners with VC funds to invest $100 million in 100 startups
Jun 27, 2024

VIPC partners with VC funds to invest $100 million in 100 startups

The Virginia Innovation Partnership Corp. is partnering with seven venture capital fund managers to invest $100 million in 100 Virginia-based startups. Through the partnership, announced May 20 by Gov. Glenn Youngkin and named Virginia Invests, VIPC will commit $40 million to the seven funds using previously awarded funding from the U.S. Treasury Department’s State Small […]

Default Alt Text
Jun 26, 2024

Liebherr to expand Newport News-Hampton facility

Newport News-based Liebherr Mining Equipment will invest $72.3 million to expand a plant at the border of Newport News and Hampton, creating an estimated 175 jobs, Gov. Glenn Youngkin announced Tuesday. “We thank Liebherr, an international leader in mining equipment manufacturing, for its commitment to the commonwealth of Virginia,” Youngkin said in a statement. “Liebherr […]

Wood veneer facility to reopen in West Point
May 23, 2024

Wood veneer facility to reopen in West Point

A former manufacturing facility in West Point will come roaring back to life with a $2.5 million investment by West Point Veneer, a wholly owned subsidiary of Coldwater Veneer, that will create 92 jobs, Gov. Glenn Youngkin‘s office announced Tuesday. Once open, the mill will produce wood veneer and ship it globally via the Port […]

Gov. Glenn Youngkin, with Virginia Innovation Partnership Corp. CEO Joe Benevento seated right, announced the Virginia Invests partnership at the CarMax Midtown Innovation Center in Richmond. Photo by Katherine Schulte/Virginia Business
May 20, 2024

VIPC launches $100M fund partnership for Va. startups

The Virginia Innovation Partnership Corp. is partnering with seven venture capital fund managers to invest $100 million in 100 Virginia-based startups. Through the partnership, announced Monday by Gov. Glenn Youngkin and named Virginia Invests, VIPC will commit $40 million to the seven funds using previously awarded funding from the U.S. Treasury Department’s State Small Business […]

Ruth Porat, Google and Alphabet’s president, chief investment officer and chief financial officer, announced Google's $1 billion investment in expanding its Virginia data center campuses. Photo courtesy Google.
Apr 26, 2024

Google investing $1B in Va. data center campuses

Google is investing $1 billion in expanding its Virginia data center campuses this year and is launching a $75 million Google.org AI Opportunity Fund, one of Google’s top executives and Gov. Glenn Youngkin announced Friday at Google’s Reston office. “Today is a great day. We’ve got a $1 billion investment in the commonwealth that we’re […]

Petersburg casino competitors roll out details
Apr 15, 2024

Petersburg casino competitors roll out details

More details have rolled in about the five Petersburg casino contenders, all of whom presented their plans during a town hall Sunday at the Petersburg Public Library. Hosted by state Sen. Lashresce Aird, D-Petersburg, the town hall saw officials representing Bally’s, Cordish Cos., Penn Entertainment, Rush Street Gaming and The Warrenton Group reveal more details […]

Scott Fleming, SCHEV director
Apr 11, 2024

SCHEV board member hired as new director

Less than a year after joining the State Council of Higher Education for Virginia’s board, A. Scott Fleming will be SCHEV’s next director, the state agency announced Thursday. Fleming, whom Gov. Glenn Youngkin appointed to the SCHEV board in July 2023, stepped down from the body this week after accepting the job as director. He […]

Government | Politics 2023: SCOTT A. SUROVELL
Apr 9, 2024

Senate Dems criticize Youngkin’s budget amendments

Virginia Senate Democrats had a lot of criticism Tuesday for Gov. Glenn Youngkin‘s proposed reworking of the state’s 2024-26 budget but held back on saying whether they would vote yea or nay on his 233 amendments. Senate Majority Leader Scott Surovell, D-Fairfax, said late Tuesday afternoon that he and fellow legislators had not had time […]

Mar 5, 2024

Modine will invest $18.1M in Rockbridge County expansion

Modine Manufacturing, a manufacturer of cooling equipment for data centers, will invest $18.1 million to expand its Rockbridge County operation, creating an estimated 211 jobs, Gov. Glenn Youngkin announced Tuesday.   Wisconsin-based Modine, which builds thermal management systems and components, saw $2.3 billion in net sales in fiscal year 2023, a 12% increase over the previous […]

Southwest Va. Big Deal: Land ho!
Feb 28, 2024

Southwest Va. Big Deal: Land ho!

The largest business deal announced during the past year in Southwest Virginia is an agreement between Dallas-based Fortune 100 natural gas and propane pipeline transport company Energy Transfer, Virginia’s nonprofit Energy DELTA Lab and Wise County to develop energy infrastructure in the region. Under the agreement, the partners will work with energy companies and electric […]

A rendering of WCS Logistics' second Frederick County facility, announced in February 2024. Image courtesy WCS Logistics
Feb 20, 2024

Logistics company expanding in Winchester

Third-party logistics warehousing provider WCS Logistics, a Winchester Cold Storage company, will invest $27 million to expand in Frederick County and create an estimated 15 jobs, Gov. Glenn Youngkin announced Tuesday. WCS Logistics will build an 83,000-square-foot cold storage facility with the capacity for more than 13,000 pallets. The facility will include 68,750 square feet […]

YOUR NEWS.
YOUR INBOX.
DAILY.

By subscribing you agree to our Privacy Policy.