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Virginia Economic Development Partnership

Gov. Glenn Youngkin speaks at the announcement of Lego Group's Chesterfield County facility.
Nov 2, 2022

Site Selection ranks Va. 1st for biz climate

Virginia rose to first place in Site Selection magazine’s 2022 Business Climate Rankings. The commonwealth unseated North Carolina and ranked above Georgia, which had an eight-year streak in the top spot. Last year, Virginia was tied for 10th place. “I’m pleased that Virginia has won the best business climate; it‘s incredibly exciting to see the […]

Everything is not awesome
Oct 28, 2022

Everything is not awesome

When Lego Group representatives toured Chesterfield County’s Meadowville Technology Park on a winter day early this year, they didn’t speak. As with most industrial site visits, the county economic development authority staffers conducting the tour didn’t yet know which company they were working with, although they’d answered a site consultant’s request for proposal. [...]

Sep 22, 2022

Pangiam to add 200+ jobs at new Tysons HQ

Pangiam, a travel and security technology company, will invest $3.1 million to establish its global headquarters in Fairfax County‘s Tysons area, creating 201 jobs over the next three years, Gov. Glenn Youngkin announced Thursday. Pangiam provides facial recognition technology, cloud-based applications and data-driven identity solutions to customers including the Department of Homeland Secur[...]

Sep 21, 2022

Enabled Intelligence to expand, add 117 jobs

Enabled Intelligence Inc. is investing $1.4 million to expand its Falls Church headquarters, adding 117 jobs, Gov. Glenn Youngkin announced Wednesday. The company provides data-labeling services to enable artificial intelligence operations. Its expansion will add more than 10,000 square feet of classified and unclassified office space to its location at 6400 Arlington Blvd. “Accelerating the [&h[...]

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Sep 8, 2022

Civica announces plans for $27.8M lab in Chesterfield

Nonprofit drugmaker Civica Rx is investing $27.8 million to establish a new 55,000-square-foot laboratory in Chesterfield County’s Meadowville Technology Park, Gov. Glenn Youngkin announced Thursday. The expansion will add 51 jobs, according to a news release. The company will also host a scale-up manufacturing facility run by Virginia Commonwealth University’s Medicines for All Instit[...]

Sen. Mark Warner receives a tour of the C. Kenneth and Dianne Harris Wright Virginia Microelectronics Center from Hadis Morkoç, Virginia Commonwealth University Founders Professor of Electrical Engineering and Physics
Aug 27, 2022

Va. officials woo chip manufacturers

U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to fight for a piece of the financial pie from sweeping federal legislation that promises to ramp up chip production in the U.S. Representatives of Chesterfield, […]

Massimo Zanetti Beverage USA logo
Jun 27, 2022

Coffee roaster to invest $29M to expand Suffolk facility

Massimo Zanetti Beverage USA, the North American operating unit of the Italian coffee roaster Zanetti Beverage Group, will invest $29.1 million to consolidate and expand operations at its Suffolk roasting facility, a project expected to create 79 jobs, Gov. Glenn Youngkin announced Monday. “Massimo Zanetti Beverage USA’s continued expansion in Virginia speaks volumes about the […]

Hanley energy logo. The G is a sideways power button.
Jun 23, 2022

Hanley Energy to add 343 jobs in Ashburn

Irish energy management company Hanley Energy will invest $8 million to expand its Hanley Energy Electrical division in Loudoun County, a project expected to create 343 jobs, Gov. Glenn Youngkin announced Thursday. Hanley Energy will open a facility at 44381 Russell Branch Parkway to serve the data center market in Ashburn with equipment installation and […]

Lego to build $1B factory in Chesterfield
Jun 15, 2022

Lego to build $1B factory in Chesterfield

It’s highly unlikely that it will be built from brightly colored plastic bricks, but the Lego Group will be bringing a $1 billion toy manufacturing plant to Chesterfield County’s Meadowville Technology Park, creating more than 1,760 jobs, the company and Virginia Gov. Glenn Youngkin announced Wednesday during a press conference at the Science Museum of […]

Derivatives exchange company to create 37 jobs in Fairfax
Jun 10, 2022

Derivatives exchange company to create 37 jobs in Fairfax

Tysons-based derivatives exchange company Nodal Exchange will invest $300,000 to expand its Fairfax County headquarters, creating 37 jobs, Gov. Glenn Youngkin announced Thursday. The company will increase capacity at its headquarters, located at 1921 Gallows Road in Tysons. “Nodal Exchange offers the largest suite of power and environmental contracts in the world, and we are […]

Packaging manufacturer to create 75 jobs in Smyth County
Jun 1, 2022

Packaging manufacturer to create 75 jobs in Smyth County

Northlake, Illinois-based Scholle IPN, a flexible packaging supplier, will invest $31.1 million to expand in Smyth County, a project expected to create 75 jobs, Gov. Glenn Youngkin announced Wednesday. Scholle IPN will expand its Smyth County facility by 73,000 square feet to allow new manufacturing lines for film extrusion and packaging. The company will also […]

The Boeing Co. will be relocating its global headquarters from Chicago to its existing campus in Arlington. Photo by Will Schermerhorn
May 29, 2022

Boeing will move global HQ to Arlington

The Boeing Co., the world’s third-largest defense contractor, is moving its global headquarters from Chicago to Arlington, the company announced May 5. With more than 141,500 employees worldwide and operations in more than 65 countries, the aerospace and defense company will be the largest defense contractor headquartered in Virginia. Boeing already employs 400 people at its […]

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