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Virginia Economic Development Partnership

Pennsylvania company to build $11M expansion in Pulaski
Aug 12, 2021

Pennsylvania company to build $11M expansion in Pulaski

The Patton Logistics Group will invest $11 million to expand its trucking, logistics and warehousing operation in the New River Valley Commerce Park in Pulaski County, creating 63 jobs, Gov. Ralph Northam announced Thursday. The company will add 150,000 square feet to its 250,000-square-foot logistics center. The expansion will include a trucking operations and maintenance […]

Aug 6, 2021

Winchester manufacturer to build $1.25 million plant expansion

Winchester-based Evolve Manufacturing will invest $1.25 million to enlarge its plant in Frederick County, creating 84 jobs, Gov. Ralph Northam announced Friday. The company will add a second production line, triple its facility space and increase production for its major customers, including Home Depot, according to a news release. “Evolve … is a key employer […]

Norfolk software company to expand, create 37 jobs
Aug 5, 2021

Norfolk software company to expand, create 37 jobs

A Norfolk-based software company will expand its operation and create 37 jobs, Gov. Ralph Northam announced Thursday. SVT Robotics, a company that accelerates the deployment of industrial robotics, will invest $101,400 to expand in the Ghent area of Norfolk. The company will build a lab to house robotic equipment used to demonstrate its proprietary platform […]

Jul 30, 2021

Eight Va. companies graduate from VEDP export program

Eight companies became the latest to graduate from the Virginia Economic Development Partnership‘s Virginia Leaders in Export Trade (VALET) program, Gov. Ralph Northam announced Friday. The VALET program helps Virginia companies use international exporting as a growth strategy. During the two-year program, businesses learn international sales plan development services through trainings from [...]

VEDP’s new board chair is Dewberry COO
Jul 28, 2021

VEDP’s new board chair is Dewberry COO

Dan Pleasant, chief operating officer for Fairfax-based planning, design and construction company Dewberry, has been named chair of the Virginia Economic Development Partnership Board of Directors. His two-year term began July 1. The motion to approve Pleasant’s nomination passed unanimously during the 17-member board’s April 29 meeting. Pleasant has served on VEDP‘s board for [...]

Richmond snack company investing $16.5M in Henrico facility
Jul 19, 2021

Richmond snack company investing $16.5M in Henrico facility

Richmond-based specialty snack supplier Red River Foods Group Inc. will invest $16.5 million to establish a warehouse and processing facility in Henrico County, creating 60 jobs, Virginia Gov. Ralph Northam announced Monday. Virginia competed with Maryland, New Jersey and Pennsylvania for the project. The center will process tree nuts, seeds and dried fruits and will […]

SimpliSafe bringing second facility to Henrico
Jul 15, 2021

SimpliSafe bringing second facility to Henrico

Home security system manufacturer SimpliSafe will invest more than $3 million to expand its operations in Henrico County, increasing its jobs creation total for the county to more than 800, Gov. Ralph Northam announced Thursday. The company will establish a new customer security monitoring service center at 4840 Cox Road in Glen Allen to provide […]

Pulaski Plaza at 100 E. Main St. in Pulaski
Jul 15, 2021

Plastics equipment manufacturer to reopen Pulaski facility

Plastics industry equipment manufacturer Xaloy Holdings LLC will move its barrel manufacturing operation from Ohio back to Virginia, reopening its former facility in Pulaski County, Gov. Ralph Northam announced Thursday. Xaloy will invest $1.75 million in its 100,000-square-foot, 30-acre site in Pulaski to produce bimetallic barrels, which are formed by bonding metal linings to the […]

Apr 15, 2021

VEDP, Martinsville receive $3.9M in federal grants

The city of Martinsville and the Virginia Economic Development Partnership have been awarded $3.9 million in federal CARES Act grants to boost economic development during the downturn related to the COVID-19 pandemic, the U.S. Department of Commerce announced Thursday. Martinsville will receive a $3 million grant from the Commerce Department’s Economic Development Administration to expand [&[...]

Feb 19, 2021

Northam announces $3.6M expansion of Eaton in Henrico

Power management manufacturer and supplier Eaton Corp. plc will invest $3.6 million to move production from California to its facility in Henrico County, Gov. Ralph Northam announced Friday. The move will create 80 jobs through the expansion of the Henrico facility’s production capabilities and the addition of new lines for electrical component manufacturing. Eaton, an […]

Feb 16, 2021

Manufacturer announces $10.7M expansion in Montgomery County

Motion control product manufacturer Moog Inc. will invest $10.7 million to transfer existing jobs and equipment from its Blacksburg facilities to a larger building in Montgomery County, Gov. Ralph Northam announced Tuesday. The investment will also create 75 jobs. Founded more than 65 years ago, East Aurora, New York-based Moog Inc. designs, manufactures and integrates […]

Feb 12, 2021

Seven Va. exporters graduate from VALET program

Gov. Ralph Northam announced on Friday the list of the latest seven companies to graduate from the Virginia Economic Development Partnership‘s (VEDP) Virginia Leaders in Export Trade (VALET) program. More than 300 companies have now graduated from the a two-year international business acceleration program that assists participating Virginia exporters with international sales plan development[...]

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