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Economic Development

Then-Gov. Glenn Youngkin joined Merck & Co. at the October 2025 groundbreaking for Merck’s $3 billion expansion in Elkton. Photo by Kaitlyn DeHardie, Office of Gov. Glenn Youngkin
Aug 2, 2026

Big deals: Pharma, manufacturing make splash in Virginia

Anticipated to create at least 100 jobs apiece, these economic development announcements were some of the largest in Virginia in the second half of 2025 and the first half of 2026. CENTRAL VIRGINIA Albemarle County: In October 2025, U.K. pharmaceutical giant AstraZeneca announced plans for a $4.5 billion manufacturing campus wit[...]

Josh Eberly is a third-generation farmer at his Rockingham County poultry farm and a member of the Virginia Poultry Growers Cooperative. Photo by Norm Shafer
Aug 2, 2026

Talking turkey: Shenandoah poultry industry takes off

Virginia Poultry Growers Cooperative plans a $113.9 million feed mill expansion in Hinton, adding 146 jobs and boosting turkey production in the Shenandoah Valley.

ID Logistics US is leasing the I-895 Logistics Center in Henrico County. Photo courtesy Ashley Capital.
Jul 2, 2026

ID Logistics to invest $83M, create 1,000 jobs in Henrico

The U.S. arm of ID Logistics expects to invest $83M and create 1,000 jobs at its first Virginia location, a distribution facility in Henrico.

Berry-Hill
Jul 1, 2026

Virginia budget clears way for $100B Berry Hill data center campus

Virginia's budget keeps the data center tax exemption in place, clearing the way for Stack to advance its proposed $100B Berry Hill project.

A Rural King location. Photo courtesy Rural King.
Jul 1, 2026

Farm, home supplies retailer to invest $40M in Henry County

Rural King will invest $40 million to establish a distribution center in Henry County, a project expected to create 150 jobs.

The Cheese Shop co-owner Mary Ellen Power looks forward to a wave of new customers celebrating the nation’s 250th birthday. Photo by Jay Paul
Jun 30, 2026

Historic Triangle rolls out welcome mat for America’s 250th birthday

Visit Williamsburg and local businesses anticipate a tourism boost from the colonial williamsburg centennial and the United States semiquincentennial.

Tysons, Fairfax County. Depositphotos
Jun 24, 2026

Fairfax hires new economic development CEO

George D. Thomas will start his new role in August as president and CEO of FCEDA.

A rendering of Sandberg Development's U.S. headquarters planned for Prince William County's Innovation Park. Image courtesy Prince William County
Jun 23, 2026

Swedish firm Sandberg to build US HQ in Prince William

Sandberg Development plans to build its United States headquarters in Prince William County's Innovation Park.

Depositphotos
May 27, 2026

Manufacturer Jabil to open plant in Prince George, creating 352 jobs

Jabil plans to establish a new manufacturing facility at Crosspointe Logistics Center in Prince George County, creating 352 jobs.

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May 21, 2026

Arlington County taps new economic development director

Arlington County has named Anna Nissinen of the Fairfax County Economic Development Authority as its new chief economic development officer.

Tourism related to America’s 250th birthday is up, says Christy S. Coleman, executive director of the Jamestown- Yorktown Foundation, which saw May guided tours getting booked last August. Photo by Matthew R.O. Brown
Apr 29, 2026

Virginia tourism sites bank on America’s 250th birthday

Virginia tourism sees increased attendance driven by the 250th anniversary of the Declaration of Independence and statewide semiquincentennial events.

SAIC Ventures’ Michael Hauser speaks Feb. 11 at the National Innovation Quarter launch at the National Landing Experience Center. Photo by Conor McLaren Photography, courtesy National Innovation Quarter
Apr 29, 2026

Innovation district takes off in NoVa

National IQ innovation district in Arlington County advances with founding partners Amazon, Northrop Grumman, and JBG Smith driving tech and national security initiatives.

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