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Virginia Jobs investment program

A picture of a warehouse with a sign that says "Boxer"
May 30, 2024

Specialty gift manufacturer establishes $1.4M Harrisonburg operation

Boxer Gifts, a British manufacturer of specialty, often wacky gifts, including the “poo timer” and “old age emergency pants,” will invest $1.4 million to establish its first U.S. light manufacturing, distribution and wholesale operation in Harrisonburg, Gov. Glenn Youngkin announced Tuesday. The project is expected to create 15 jobs. “After selling fun gifts in the […]

Sep 20, 2023

Lyon Shipyard to expand, adding 134 jobs

Lyon Shipyard, a 95-year-old family-owned ship repair facility in Norfolk, will spend $8.5 million to expand its operations and add an estimated 134 jobs, Gov. Glenn Youngkin announced Wednesday. The shipyard plans to increase its capacity to work on commercial ships and vessels that will work on offshore wind farm operations. Virginia competed with Maryland […]

Sep 14, 2023

Canadian company to spend $22.8M to expand to Suffolk

Toronto-based Automatic Coating Ltd., which provides advanced custom powder, liquid, and blasting, will invest $22.8 million to open its first U.S. location in Suffolk, adding an estimated 50 jobs, Gov. Glenn Youngkin announced Thursday. Virginia competed with Florida for the project. The move supports an existing contract with the U.S. Navy, and the company plans […]

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 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 […]

Nov 29, 2022

Technomics to add 150 jobs in Arlington

Government contracting firm Technomics Inc. is investing $1.7 million to expand its Arlington headquarters and add 150 jobs, Gov. Glenn Youngkin announced Tuesday. Technomics is an employee-owned consulting firm that specializes offers a variety of analytics services for federal and international government clients. The company will lease an additional 10,000 square feet at 1225 South […]

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 […]

Mar 7, 2022

Tysons tech firm announces $100K expansion

Tysons-based Easy Dynamics Corp. will invest $100,000 to expand operations and create 61 jobs, Gov. Glenn Youngkin announced Monday. Easy Dynamics is a technology services provider that focuses on cybersecurity, cloud computing and information sharing. New jobs include software engineers, business analysts, project managers and other business support roles. “Northern Virginia has emerged as one [...]

Feb 25, 2022

Walgreens to establish $34.2M fulfillment center in Hanover

Walgreens will invest $34.2 million to establish a micro-fulfillment center in Hanover County, a project expected to create 249 jobs, Gov. Glenn Youngkin announced Friday. The 65,686-square-foot facility will be located at the 185,000-square-foot Atlee Station Logistics Center and will have automated machinery to allow for a flexible operating model. “The Walgreens micro-fulfillment center in [&[...]

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