$31.5M Winchester turkey plant to create 111 jobs
Minnesota-based TFC Poultry LLC will invest $31.5 million to establish its second U.S. production facility in Winchester, a project expected to create 111 jobs, Gov. Ralph Northam announced Thursday. “Virginia’s strong agriculture sector continues to play a critical role in the success of our booming economy,” Northam said in a statement. “We are pleased the company […]
Roanoke biz to create 30 jobs in Scott County
Roanoke-based VFP Inc. will invest $7.2 million to expand in Scott County, creating 30 jobs, Gov. Ralph Northam announced Monday. The expansion will allow VFP to produce larger concrete shelters. “Great workers live in Southwest Virginia, and companies like VFP recognize that,” Northam said in a statement. “Virginia is advancing manufacturing across the commonwealth, and […]
Va. unemployment rate dropped to 3.6% in October
In October, Virginia’s unemployment rate fell to 3.6%, 0.2 points below September’s rate, Gov. Ralph Northam announced Friday. The state’s unemployment rate has declined for 17 months straight. In October 2020, the jobless rate was at 5.3%, 2.5 points higher than last month. The labor force increased by 5,918 to almost 4.26 million, and the number […]
BWXT to invest $65M in new Campbell County campus
Lynchburg-based nuclear components and fuel supplier BWX Technologies Inc. (BWXT) will build out and upfit a center for manufacturing and research and development adjacent to its Campbell County facility, creating 97 jobs, Gov. Ralph Northam announced Friday. The Fortune 1000 company plans to invest $65 million over the next three years, a Virginia Economic Development […]
Mondelez to create 80 jobs with $122.5M Henrico expansion
Chicago-based snack company Mondelez International Inc. will invest $122.5 million over three years to expand its bakery and build a sales fulfillment center in Henrico County, creating about 80 jobs, Gov. Ralph Northam announced Thursday. “Mondelez International’s long-term investment in Central Virginia is a testament to the region’s top-notch talent and strong business climate,”[...]
Amazon has hired 3,500 HQ2 workers
Amazon.com Inc. has hired 3,500 of its 25,000 planned workers for HQ2, the tech behemoth’s $2.5 billion East Coast headquarters in Arlington. Meanwhile, construction on the two office towers for HQ2’s first phase, Metropolitan Park, is more than halfway complete, company representatives said during a site tour Wednesday. Amazon has added about 500 […]
Canadian frozen food company to create 67 jobs in Warren County
Montreal-based Nature’s Touch Frozen Foods LLC will spend $40.3 million to expand in Warren County, creating 67 jobs, Gov. Ralph Northam announced Tuesday. Harrisonburg-based InterChange Group Inc. will build a 126,000-square-foot facility for Nature’s Touch. The company will import raw materials directly to the new facility for processing and distribution. In 2014, Nature’s Touc[...]
Va. expands Elizabeth River Tunnels toll relief program
The commonwealth of Virginia and Elizabeth River Crossings OpCo LLC have partnered to expand the Toll Relief Program, Gov. Ralph Northam announced Monday. Elizabeth River Crossings, partly owned by Spanish company Abertis Infraestructuras S.A, owns Elizabeth River Tunnels, and the program, which was established in 2016, will reduce Downtown and Midtown Tunnel tolls for those […]
Performance Food Group to build $80M facility in Hanover
Performance Food Group Co., the Goochland-based Fortune 500 food distribution corporation, plans to invest $80.2 million on a new facility in Hanover County, creating 125 jobs, Gov. Ralph Northam announced Thursday. The regional sales and distribution center will be housed in a 325,000-square-foot building in Ashland. “This new facility will be instrumental in advancing Virginia’s [&hellip[...]
Metal fabricator to add 22 jobs in Buchanan
Buchanan County-based metal fabrication company Skyline Fabricating Inc. will spend more than $675,000 to build a 25,000-square-foot production facility in the county’s Southern Gap area, creating 22 jobs, Gov. Ralph Northam announced Tuesday. The facility will help Skyline Fabricating meet increased demand for steel and aluminum fabricated products and its expanded customer base outside Vir[...]
Northam, state officials make European trade trip
Before handing over the keys to the Executive Mansion to Gov.-elect Glenn Youngkin, Virginia Gov. Ralph Northam is skipping town for one last overseas business trip. Northam is leading an international trade and marketing mission to Belgium, Spain and Germany this week with a delegation including Chief of Staff Clark Mercer, Secretary of Commerce and […]
Major companies pledge $1.5M for broadband expansion
Dominion Energy Inc., Meta Platforms Inc. — formerly Facebook — Glen Allen-based Primis Bank and Petersburg-based The Cameron Foundation have collectively pledged more than $1.5 million to expand broadband access across Virginia, Gov. Ralph Northam announced Thursday. The funding will contribute to efforts to extend service to 233,000 Virginians who lack access to broadband. “These […[...]