Sign In
Free Newsletter
Help wanted
Meat, coffee creamer, frozen fruits and chocolate. These commodities represent some of the bread and butter business lines, literally, of Devon Anders’ mega storage and supply chain logistics company, which is based in Mount Crawford and has other state locations. The success of InterChange Group Inc. rises and falls on the health of the Shenandoah […]
Construction begins on $25.5M Danville manufacturing center
The Institute for Advanced Learning and Research (IALR) announced Tuesday it has broken ground on a $25.5 million, 51,250-square-foot manufacturing center on its Danville campus. The Center for Manufacturing Advancement (CMA) will offer space for manufacturing companies establishing or expanding their presence in Southern Virginia. The project is funded by the commonwealth of Virginia and [&hellip[...]
Va. Beach packaging manufacturer acquires Utah company
Virginia Beach-based packaging manufacturer Fortis Solutions Group LLC announced Thursday it has acquired Orem, Utah-based Kala Packaging. Financial terms of the transaction were not disclosed. “With its fleet of digital presses and top-tier flexographic printing technology, Maui Chai and the Kala team have established a national presence in the quick-turn labels and flexible packaging m[...]
FDA authorizes sale of Altria’s IQOS 3 device
The third generation of Altria Group Inc.’s IQOS tobacco heating system device has been authorized for sale in the United States by the U.S. Food and Drug Administration, the Henrico County-based company announced Monday. After receiving an application from Philip Morris International, the FDA ruled that IQOS 3 can be sold to adults in the […]
Auto component supplier announces $4.6M Strasburg expansion
Automotive components and systems supplier International Automotive Components Group (IAC Group) will invest $4.6 million to expand its Strasburg operations and add auto component lines and products to its existing facility, creating 47 jobs, Gov. Ralph Northam announced Monday. Headquartered in Luxembourg, IAC Group is a supplier of instrument panels, console systems, door panels, headliners [&he[...]
Volvo electric trucks to be produced at NRV plant in early 2021
Volvo Trucks North America’s plant in Pulaski County will manufacture its new battery-powered VNR Electric truck model starting early next year, the company announced Thursday. The largest Volvo truck plant in the world, the Dublin facility currently employs close to 3,000 people and builds heavy-duty trucks of multiple models. The Volvo Class 8 VNR Electric […]
Va. Coalfield Economic Development Authority establishes $1M Renewable Energy Fund
The Virginia Coalfield Economic Development Authority (VCEDA) announced Thursday it has established a $1 million Renewable Energy Fund from coal tax credit funds. “With the establishment of the Renewable Energy Fund, VCEDA is poised to readily assist in the development of renewable energy projects, which will add new jobs and investment to the region and […]
Packaging manufacturer announces $68M expansion in Louisa, Wythe
Packaging manufacturer Klöckner Pentaplast Group (kp) will invest $68 million to expand its facilities in Louisa and Wythe counties, creating 54 jobs, Gov. Ralph Northam announced Tuesday. Founded in 1965 Montabaur, Germany, Klöckner Pentaplast Group manufactures packaging for pharmaceutical, medical device, food, beverage and card clients. The company has operations in 18 countries and employs [...]
Rolls-Royce to pay $135K to resolve hiring discrimination dispute
Reston-based Rolls-Royce North America Holdings Inc. has agreed to pay $135,000 in back wages and interest to 26 female applicants who were not selected for machine operator positions at its Prince George County aircraft component manufacturing facility. The payments were the result of an agreement with the U.S. Department of Labor’s Office of Federal Contract […]
Altria converts Juul nonvoting shares to voting shares
Henrico County-based Altria Group Inc. has converted its nonvoting shares of e-cigarette leader Juul Labs Inc. to voting shares, the company announced Thursday. However, Altria said it does not plan to take a more active role on the board until a federal complaint is resolved. Altria has owned 35% of Juul’s stock since late 2018, […]
SWVA guardrail manufacturer announces $7.9M expansion
Nine months of hard work has paid off. Since February, InvestSWVA has been working with highway guardrail manufacturer SPIG Industry LLC on its expansion plans, and on Thursday Gov. Ralph Northam announced the Washington County-based company’s plans to invest $7.9 million to expand its operations in the Bristol-Washington Industrial Park, creating 113 jobs. Formed in […]
Volkswagen Group of America deepens its Fairfax roots
Automobile manufacturing giant Volkswagen Group of America Inc. (a wholly owned subsidiary of Volkswagen AG) announced Tuesday it has chosen to keep its headquarters in Fairfax County — signing a 20-year lease agreement in Reston Town Center. Volkswagen’s North American headquarters has been located in Fairfax County since 2007. It will be the anchor tenant in […]
