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Fukoku Korea to invest $18.9M in Henry manufacturing facility
Fukoku Korea will invest $18.9 million to open a manufacturing plant producing automotive components in Henry County, Virginia, creating 60 jobs.
Richmond National to expand operations, create 75 jobs in Henrico
Richmond National Group plans to invest $1.75 million to expand operations and create 75 jobs at the firm’s Glen Allen office.
Interstate Group to expand in Giles County, creating 46 jobs
Interstate Group will invest $8.9 million to expand operations at the company’s manufacturing facility in Giles County, creating 46 jobs.
Virginia’s shift to Dems could draw federal cuts
Virginia is under new management, with Gov. Abigail Spanberger taking office Jan. 17. In a speech two days later to the General Assembly, she spoke about returning Virginia to its top spot in CNBC’s “Top States for Business” rankings, after the commonwealth fell to No. 4 in 2025. However, many of the economic challenges impacting […]
Virginia community colleges boost workforce development focus
Virginia plans increased investment in community colleges and workforce programs like FastForward to meet employer demand and improve student outcomes in 2024.
Virginia universities faced federal probes over DEI in 2025
Virginia public universities, including UVA and George Mason, faced federal investigations in 2025 over diversity, equity, and inclusion initiatives amid political pressure.
Out and About: March 2026
1. L to R: North Carolina-based Kymanox President Evan Edwards, University of Virginia Chief Innovation Officer Paul Cherukuri and U.Va. School of Engineering and Applied Science Dean Jennifer West attended the CvilleBioHub Device & Tech Expo Feb. 3 in Charlottesville. (Photo by The Smiths Photography; Photo courtesy CvilleBioHub) 2. Virginia Secretary of Transportation W. Sheppard […]
Top Five: March 2026
1 | ICE eyes massive Hanover warehouse for processing facility Hanover County received a letter from Homeland Security confirming its intent to buy a 552,576-square-foot warehouse as a processing facility for detainees, though the owner later backed out of the sale amid vocal opposition from the public and county supervisors. (Jan. 23) 2 | Couple […]
2026 Virginia Power 50 List: ABIGAIL SPANBERGER
GOVERNOR COMMONWEALTH OF VIRGINIA RICHMOND
Maritime manufacturing startup to invest $10.5M in Portsmouth
Radian Forge will invest $10.5M to grow its Portsmouth manufacturing operation to meet U.S. Navy production needs.
Avio USA picks Pittsylvania for $500M solid rocket motor plant
Avio USA will build a $500 million rocket motor plant in Pittsylvania County, creating 1,000+ jobs in defense and space manufacturing.
$20M housing development coming to Fort Monroe
Echelon Resources will invest $20 million to redevelop two historic Fort Monroe buildings into housing, Gov. Abigail Spanberger announced.
