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Virginia Economic Development Partnership

Henry County’s Commonwealth Crossing Business Centre received $22 million in state funding this year for site readiness. Photo courtesy Commonwealth Crossing Business Centre
Aug 30, 2023

Polish glass fabricator expanding in Henry County

Poland-based Press Glass Inc. will spend more than $155 million to expand its operations in Henry County and add 335 jobs, marking the largest expansion in the county’s history, Gov. Glenn Youngkin announced Wednesday. The largest independent glass fabricator in Europe, according to a news release, Press Glass will construct a 360,000-square-foot addition at its […]

Aug 24, 2023

Charlottesville-based Virginia Diodes to expand, invest $2.5M

Virginia Diodes Inc. (VDI) will invest $2.5 million to expand its operations in Charlottesville, adding an estimated 24 jobs, Gov. Glenn Youngkin announced Thursday. VDI was founded in Charlottesville in 1996 as a spinoff from the University of Virginia and in 2004 established its headquarters at the city’s Ix Art Park complex.  The company manufactures […]

Berkley Mid-Atlantic Group's office in Henrico County.
Aug 10, 2023

Henrico insurer to create 72 jobs in $6.2M expansion

Henrico County-based insurance company Berkley Insurance Co. will invest $6.2 million to expand its office in the county’s Innsbrook area, with plans to create 72 jobs, Gov. Glenn Youngkin announced Thursday. A subsidiary of Connecticut-based Fortune 500 company W. R. Berkley Corp., the firm will lease an additional 8,920 square feet of office space from […]

Jul 19, 2023

Rail equipment manufacturer to expand in Salem

Wabtec Corp. is investing $2.7 million to expand its existing facility in Salem, adding 38 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Pittsburgh, Wabtec provides equipment, systems, digital solutions and other services for freight and transit rail globally. The expansion will accommodate the relocation of its pneumatically controlled braking systems manufacturing lines within [...]

May 10, 2023

Air compressor maker plans $7.4M Norfolk expansion

Norfolk-based Bauer Compressors Inc., a subsidiary of Munich-based Bauer Kompressoren Group, will invest $7.4 million to expand its production capacity in Norfolk, creating an estimated 47 jobs, Gov. Glenn Youngkin announced Wednesday. The company will increase its capacity to produce hydrogen and natural gas compressors. “Bauer’s long-term success in the city of Norfolk reinforces the [&h[...]

May 4, 2023

Agtech startup to invest $25M in Albemarle expansion

Agricultural biotech startup AgroSpheres will invest $25 million to expand in Albemarle County, creating an estimated 50 jobs, Gov. Glenn Youngkin announced Thursday. The company will increase production at its facility at 1180 Seminole Trail and build a research and development and demonstration facility for new products, which will be a pilot plant for a […]

May 3, 2023

Lynchburg transformer manufacturer to add 149 jobs

Industrial power equipment manufacturer Delta Star Inc. will invest $30.2 million to expand its manufacturing operation and headquarters in Lynchburg, creating an estimated 149 jobs, Gov. Glenn Youngkin announced Wednesday. The company will add 80,000 square feet of mobile power transformer manufacturing space to its 300,000-square-foot facility located at 3550 Mayflower Drive and will consolidate[...]

May 2, 2023

Henrico insurer to create 100 jobs in HQ expansion

Specialty insurer Richmond National Group Inc. will invest $350,000 to expand its Henrico County headquarters, a move expected to create more than 100 jobs, Gov. Glenn Youngkin announced Tuesday. The company, founded in 2021 as a holding company for Richmond National Insurance Co., will add 7,200 square feet of office space to its roughly 10,000-square-foot […]

Chesterfield County Board of Supervisors Chair Kevin Carroll, Gov. Glenn Youngkin, Lego Group Chief Operating Officer Carsten Rasmussen and U.S. Under Secretary of Commerce for International Trade Marisa Lago shovel dirt at the Lego Chesterfield facility's ceremonial groundbreaking Photo by Rick DeBerry.
Apr 13, 2023

Lego breaks ground on $1B Chesterfield facility

The Lego Group broke ground Thursday on its $1 billion Chesterfield County manufacturing facility — launching the Danish toymaker’s first U.S. manufacturing plant and one of Virginia’s biggest economic development projects. The Billund, Denmark-based toy company known for its brightly colored plastic toy bricks and construction sets plans to hire 1,761 people to work at […]

Construction starts on $100M industrial center in Hanover
Mar 9, 2023

Apparel wholesaler plans $50M Hanover facility, 1K jobs

SanMar Corp., the United States’ largest supplier of wholesale printable accessories and apparel, will invest at least $50 million to establish distribution operations in Hanover County and create an expected 1,000 jobs, Gov. Glenn Youngkin announced Thursday. SanMar’s operations, planned to occupy a 1.1 million-square-foot building in the East Coast Commerce Center, will be the [&hell[...]

Magazine Jukebox staff at lunch. Photo courtesy Magazine Jukebox
Feb 28, 2023

Norfolk tech startup plans $1M expansion

Norfolk-based digital magazine startup Magazine Jukebox Inc. (MJB) will invest $1 million to expand, moving from a coworking space into an office, and will create an estimated 20 jobs. Gov. Glenn Youngkin announced the expansion Tuesday. “We are proud that Magazine Jukebox, an emerging leader in the technology services sector, was founded in Virginia and […]

Take a load off
Feb 27, 2023

Take a load off

One thing Brian Dail noticed as he spent a day and a half in February 2020 participating in step van manufacturer Morgan Olson’s new hire training in Loudon, Tennessee, was the physical strain. After the first hour, he told his colleagues, “‘Gosh, I’m not used to being on my feet. I’m ready to sit down.’” […]

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