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Eli Lilly Chair and CEO Dave Ricks speaks at a Goochland County news conference on Sept. 16, 2025, announcing the pharmaceutical company's $5 billion investment in a new manufacturing plant. Photo by Katherine Schulte
Sep 16, 2025

Eli Lilly to invest $5B in Goochland plant, creating 650 jobs

Pharmaceutical giant Eli Lilly & Co. plans to invest $5 billion in a manufacturing facility in Goochland County expected to create 650 permanent jobs.

Systems Planning & Analysis will expand its Alexandria headquarters, the government contractor announced Sept. 11, 2025. Photo courtesy SPA
Sep 11, 2025

Government contractor to add 1,200 jobs in Alexandria and Fairfax

Systems Planning & Analysis (SPA) announced Thursday it plans to expand its headquarters, increase its presence in Fairfax County and create more than 1,200 jobs.

Hitachi Energy to invest $457M in Virginia expansion
Sep 4, 2025

Hitachi Energy to invest $457M in Virginia expansion

Hitachi Energy announced Thursday it will invest $1 billion to expand its U.S. grid infrastructure manufacturing, with roughly half of that investment going into Virginia, where it plans to add 825 jobs. The electrical equipment manufacturer will invest $457 million to build the nation’s largest manufacturing site for large power transformers in South Boston, Hitachi […]

Big Deals: Virginia lands billions in new business investments
Jul 29, 2025

Big Deals: Virginia lands billions in new business investments

Anticipated to create at least 100 jobs apiece, these economic development announcements were some of the largest in Virginia in 2024 and 2025. CENTRAL VIRGINIA Goochland County: Washington-based retail giant Amazon.com announced plans in May to build its fourth Virginia robotics fulfillment center, which will involve a $500 million investment and is expected to create […]

Nightingale Ice Cream Sandwiches co-founder, CEO and President Hannah Pollack
May 29, 2025

Nightingale ice cream expansion to add 166 jobs

Nightingale Ice Cream Sandwiches is investing $5.8 million to move to a new facility in Richmond and expects to create 166 jobs.

MSI held a grand opening for its distribution center in Suffolk in May 2025. Photo courtesy M S International
May 29, 2025

MSI opens $61.6M Suffolk distribution center

MSI, a California-based flooring, countertops, and tile supplier, opened its $61.6 million East Coast distribution facility in Suffolk.

Take a load off
May 8, 2025

Virginia launches accelerator for $250M+ economic development projects

Virginia’s Made in Virginia Accelerator program announced May 8 accelerates large-scale projects with a $250M+ capital investment and 500+ jobs, offering expedited permitting and coordination among state agencies.

Photo courtesy Hitachi Energy
Apr 25, 2025

Hitachi Energy to invest $22.5M in SWVA expansion, creating 120 jobs

Hitachi Energy will invest $22.5M to expand its Bland facility and open a new warehouse in Atkins, creating 120 jobs and boosting production capacity.

Workers gather around a man in a blue suit.
Apr 3, 2025

Supply chain co. plans $10M expansion in Pulaski

The Patton Logistics Group, a U.S. supply chain company, plans to expand with a $10 million, 100,000-square-foot warehouse and distribution facility in Pulaski County, Gov. Glenn Youngkin announced Thursday. This is the company’s second expansion in four years in Pulaski County and will allow Patton Logistics Group to expand its customer base across the Southeast, […]

A Neptune statue overlooks a walkway in the center of the photo. A hotel is visible on the right side.
Mar 7, 2025

Defense optics manufacturer to open Virginia Beach facility

Vidarr, which makes night vision goggles and other defense optical equipment, will invest $2.69 million over the next three years to open a manufacturing facility in Virginia Beach, a project estimated to create 40 jobs, Gov. Glenn Youngkin announced Friday. The New Hampshire company’s manufacturing facility is moving into a 16,410-square-foot building located at 2656 […]

An aerial view of Super Radiator Coils' Chesterfield County facility. Photo courtesy Super Radiator Coils
Nov 15, 2024

Specialty coils manufacturer to expand in Chesterfield

Super Radiator Coils, an engineering and manufacturing company based in Minnesota, will invest $22 million to expand in Chesterfield County, creating an estimated 160 jobs, Gov. Glenn Youngkin‘s office announced Friday. The company will upgrade machinery and add about 80,000 square feet to its existing approximately 160,000-square-foot facility at 451 Southlake Blvd. The plant has […]

Several electronic products
Nov 1, 2024

Avionics manufacturer will invest $5M on Reston office and R&D facility

CMC Electronics, a Montreal-based avionics manufacturer, will invest $5 million to establish an office and research and development facility in Reston, Gov. Glenn Youngkin announced Friday. Initially, the project will create 89 jobs, with more positions expected as operations increase, according to the governor’s office. “This creation of new high-tech jobs demonstrates the strength of [&h[...]

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