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$3B Merck expansion makes big impact in Shenandoah Valley
Merck is investing $3 billion to build a small-molecule manufacturing facility in Elkton, Virginia, creating 500 permanent jobs and boosting local economy.
Southern Virginia’s ready to capitalize on manufacturing
Southern Virginia is attracting major manufacturing investments in 2025, including expansions by Hitachi Energy and new facilities by WB Alloys and Nathan Trotter.
2026 Virginia Power 50 List: WILLIAM F. ‘BILLY’ GIFFORD JR.
CEO ALTRIA GROUP HENRICO COUNTY
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.
Universal Corp. names CFO after withdrawing offer to another
Universal Corp. names Steven Diel CFO after reversing a prior hire. He succeeds Johan C. Kroner, who will retire in July.
Boar’s Head reopens Jarratt plant tied to deadly listeria outbreak
Boar’s Head Provisions reopened its Jarratt meat plant Monday, roughly a year and a half after closing it following a 2024 listeria outbreak.
Dow to cut 4,500 jobs, forecasts weak revenue amid sluggish demand
Dow plans to cut 4,500 jobs as part of a restructuring aimed at boosting profitability amid weak global demand.
Intel results to spotlight turnaround efforts as AI data centers boost chip demand
Intel shareholders are increasingly optimistic as CEO Lip-Bu Tan’s turnaround plan boosts data center demand and shares.
Yokohama Tire plans 392 layoffs in Virginia
Yokohama Tire will lay off 392 workers and reduce production at its Salem plant, with a full closure possible in September.
Fed sees slight economic growth in Southeast
The Federal Reserve’s Fifth District in recent weeks saw modest economic growth, with stronger consumer spending and commercial real estate.
Virginia luxury packaging provider plans $34M HQ expansion
Infinity Global plans a $34 million expansion of its Danville headquarters, creating 150 jobs and more than doubling its Virginia workforce.
Annandale Millwork to add 154 jobs in Newport News
Annandale Millwork and Allied Systems Corp. will invest $11.5 million to expand operations in Newport News, creating 154 jobs.
