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Virginia Economic Development Partnership

Tech manufacturer to add 32 jobs in Newport News
May 26, 2022

Tech manufacturer to add 32 jobs in Newport News

Newport News-based automated machinery designer Mühlbauer Inc. will invest $9 million to expand its Newport News operation, a project expected to create 32 jobs, Gov. Glenn Youngkin announced Thursday. Mühlbauer Inc. is the U.S. subsidiary of German company Mühlbauer Group. The company will make upgrades to its Oakland Industrial Park facility and add production equipment. […]

May 24, 2022

Century-old Birdsong Peanuts to modernize Suffolk plant

Suffolk-based Birdsong Peanuts is investing $25.1 million to modernize it Suffolk shelling facility, Gov. Glenn Youngkin announced Tuesday. The company plans to refurbish and automate production lines at the Suffolk plant. It is also committing to additional growing opportunities for Virginia peanut producers, a news release said. Additional details about those opportunities and whether the [&hell[...]

May 17, 2022

Bioscience firm to create 70 jobs in Prince William

Manassas-based Virongy Biosciences Inc. will invest $471,000 to expand in Prince William County, creating 70 jobs, Gov. Glenn Youngkin announced Tuesday. The company relocated within Prince William County in February, moving from a roughly 600-square-foot space to about 2,000 square feet in the Northern Virginia Bioscience Center. It plans to develop diagnostic technologies to monitor […]

Jason El Koubi was named president and CEO of the Virginia Economic Development Partnership in March. Photo by Matthew R.O. Brown
Apr 28, 2022

Rainmaker-in-chief 

On Aug. 29, 2005, Jason El Koubi‘s first day as research and policy director for Louisiana’s Baton Rouge regional chamber of commerce, Hurricane Katrina slammed into the state, resetting El Koubi’s and the state’s trajectory. It was a fast lesson in crisis management, but also one in economic transformation. That job was among his first […]

Amazon.com Inc.’s Suffolk fulfillment center will be the largest industrial building in the state when it opens this year. Photo courtesy Amazon.com Inc.
Apr 28, 2022

Amazon be nimble, Amazon be quick

When it comes to building warehouses and distribution centers, one company has sought out Virginia over and over again: Amazon.com Inc. The e-commerce giant began opening facilities in Virginia in 2006 and since then has opened more than 30 facilities in the commonwealth, with more on the way as it seeks to shrink the time […]

Frederick County insulation facility add-on to create 37 jobs
Apr 13, 2022

Frederick County insulation facility add-on to create 37 jobs

Atlanta-based Kingspan Insulation LLC will invest $27 million to expand its Frederick County operations, a project expected to create 37 jobs, Gov. Glenn Youngkin announced Wednesday. Kingspan Insulation is a division of Kingspan Group that manufactures energy efficiency and moisture management products for residential and commercial construction. The company will add a 155,000-square-foot manufac[...]

DNA lab capacity expansion to bring 70 more jobs to Fairfax
Apr 11, 2022

DNA lab capacity expansion to bring 70 more jobs to Fairfax

Lorton-based forensic DNA testing company Bode Technology will invest $2 million to expand its DNA testing lab capacity in Fairfax County, a project expected to create more than 70 jobs, Gov. Glenn Youngkin announced Monday. The company will reconfigure about 5,000 square feet of its lab and add laboratory benches and robotics to support increased […]

Hitting a brick wall
Mar 30, 2022

Hitting a brick wall

Casey Renner has worked in four states over the course of her teaching career, and she’s never liked a school more than Arlington County’s Wakefield High School, where she teaches science and special education. But she has also never had as much difficulty finding housing near work as she has during her 17 years teaching […]

Bermuda insurer to establish U.S. HQ in Henrico
Mar 25, 2022

Bermuda insurer to establish U.S. HQ in Henrico

Bermuda-based Hamilton Insurance Group Ltd. will invest at least $415,000 to establish the U.S. headquarters of its subsidiary in Henrico County, a project estimated to create more than 70 jobs, Gov. Glenn Youngkin announced Friday. Hamilton’s wholly owned subsidiary, Hamilton Select Insurance Inc., is a commercial insurer that underwrites excess and surplus insurance. “Henrico County [&he[...]

VEDP board taps interim president
Mar 18, 2022

Jason El Koubi named VEDP’s permanent president, CEO

Jason El Koubi will stay on as the permanent president and CEO of the Virginia Economic Development Partnership, the state economic development authority announced Friday.  El Koubi was named interim president and CEO at the beginning of the year after Stephen Moret left the organization to become president and CEO of Indianapolis-based Strada Education Network. […]

Penn. logistics firm building cross-dock centers in Va.
Mar 15, 2022

Penn. logistics firm building cross-dock centers in Va.

Pennsylvania-based warehousing and logistics company A. Duie Pyle Inc. will invest about $20 million to establish three cross-dock service centers in Manassas, Richmond and Roanoke, an expansion expected to create 75 jobs, Pyle and Gov. Glenn Youngkin announced Tuesday. It’s the company’s first entry into Virginia. “Global supply chains are experiencing unprecedented pressure and we [...]

Mar 14, 2022

Thermo Fisher Scientific to add 500 jobs in RVA region

Massachusetts-based scientific equipment and software supply company Thermo Fisher Scientific Inc. will invest $97 million to expand its laboratory operations into three new locations in the Greater Richmond area, a project expected to create more than 500 jobs, Gov. Glenn Youngkin announced Monday. “Thermo Fisher’s expanding footprint and creation of more than 500 new jobs […]

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