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Newport News trades center to power maritime workforce
Virginia Peninsula Community College is building a $9 million trades center in southeast Newport News that will prepare more than 400 students annually for maritime and construction jobs. The 16,000-square-foot facility, which began construction in August 2025, is set to be completed in February and will begin offering programs [...]
Booz Allen triples venture capital fund
Booz Allen Hamilton, a Fortune 500 government contractor based in McLean, has tripled its venture capital commitment with the intent to invest in more defense tech companies. Booz Allen announced in 2022 its first commitment of $100 million to 17 companies, including Vienna-based Corsha and Rosslyn-based Shift5. The company̵[...]
LS Cable to add $689M factory in Chesapeake, creating 430 jobs
LS Cable & System is more than doubling its capital investment in Chesapeake manufacturing facilities and bringing its expected job creation to 760.
Manufacturer to invest $4.9M in Franklin County expansion
Cornerstone Building Brands will invest $4.9M to expand its Franklin County manufacturing campus, adding 50 jobs and boosting capacity.
Richmond seeks developers for bus station, mixed-use project
Richmond has issued a request seeking developers for a downtown mixed-use project to include a bus transfer hub, housing and retail.
Modine announces $19.6M Buena Vista expansion
Modine will relocate its heating division headquarters to Buena Vista, Virginia, investing $19.6 million and creating 57 new jobs.
Henrico appoints new EDA director
The Henrico Economic Development Authority has appointed Cari M. Tretina to be its executive director, effective Jan. 1.
Defense contractor to add 288 workers at Roanoke night-vision goggle factory
Elbit Systems of America will invest $30 million to expand its Roanoke County manufacturing facility and create 288 jobs.
Vantage Data Centers to invest $2B on Stafford campus
Vantage Data Centers plans $2 billion campus in Fredericksburg, creating 1,100 construction jobs and 50 operations jobs when complete.
Demand rises for unique meeting locations
Event planners are choosing distinctive Virginia venues — from art museums to racetracks — to create memorable experiences.
Despite federal coal support, Southwest Virginia aims to diversify
Southwest Virginia pursues nuclear, data centers, clean energy projects as coal declines and communities seek new economic paths.
Touhill leaving Arlington Economic Development
Arlington Economic Development Director Ryan Touhill is leaving AED, the Arlington Chamber of Commerce confirmed Thursday.
