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Preparation, pandemic helped Virginia land Big Pharma deals
Virginia attracted $12 billion in pharmaceutical manufacturing investments in 2025, leveraging site readiness, workforce training, and strong infrastructure.
2026 Virginia Power 50 List: JASON EL KOUBI
PRESIDENT AND CEO VIRGINIA ECONOMIC DEVELOPMENT PARTNERSHIP RICHMOND
State commits $14.5M yearly for new paid internship program
Virginia political, higher education and economic development leaders announced InternshipsVA, a new statewide program to support paid internships.
Making the business case for InternshipsVA
InternshipsVA establishes a framework that encourages Virginia employers to start or expand high-quality, paid internship programs.
Clarke to repurpose ex-prison site into business park
Clarke County’s long-planned second business park has taken a significant step toward becoming reality. In November 2025, the county’s board of supervisors unanimously voted to rezone 40 acres at 219 Ray of Hope Lane, off U.S. 340/522 near White Post, from agricultural to light industrial use. The property, part of the former White Post Correctional […]
EO to lead internship development program
A new statewide initiative is connecting Southwest Virginia businesses with emerging talent at the region’s colleges and universities. The project, InternshipsVA, is administered through the Commonwealth Innovative Internship Fund and Program, also known as the Virginia Talent and Opportunity Partnership. Since June 2025, the Virginia Economic Development Partnership has handled the employer[...]
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.
Youngkin’s term as governor marked by economic wins, political division
Gov. Glenn Youngkin leaves office after four divisive years marked by economic wins, veto power and political losses as Virginia turns to Abigail Spanberger.
JLARC: Data centers received $2.7B in state tax cuts
A JLARC report shows Virginia data centers received $2.7B in tax exemptions from FY 2015–24, accounting for more than half of state incentive spending.
Modine announces $19.6M Buena Vista expansion
Modine will relocate its heating division headquarters to Buena Vista, Virginia, investing $19.6 million and creating 57 new jobs.
Virginia Beach maritime contractor to hire 86 workers
Virginia Beach maritime government contractor Anchor Innovation plans to add 86 jobs as part of an expansion, Gov. Glenn Youngkin announced Thursday. Founded in 2002, Anchor Innovation is a service-disabled, veteran-owned contractor providing marine maintenance and support to the U.S. Navy, including vessel repairs and upgrades. Anchor Innovation plans to invest $213,000 on the expansion, [&hellip[...]
VFP investing $35M to expand Scott facility
VFP will invest $35 million to expand its Scott County facility, doubling capacity and creating 200 manufacturing jobs.
