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Preparation, pandemic helped Virginia land Big Pharma deals
Virginia attracted $12 billion in pharmaceutical manufacturing investments in 2025, leveraging site readiness, workforce training, and strong infrastructure.
Giant economic development deals took spotlight in 2025
Virginia's 2025 saw major data center and pharmaceutical investments driving growth despite federal workforce declines and budget challenges.
NoVa data center development moves down I-95
Stafford County is experiencing rapid data center growth with three major projects underway and 18 in the pipeline, driven by developers like Vantage Data Centers.
VFP moves forward on $30M expansion in Scott County
VFP is investing $35 million to expand its Scott County facility, adding new buildings and jobs to support growing data center and utility infrastructure needs.
Manufacturing-heavy Southwest Virginia captures new industries
Southwest Virginia sees major investments in manufacturing, indoor agriculture, and energy projects, boosting jobs and regional economic development in 2025.
Hitachi Energy powers up $457M expansion in South Boston
Hitachi Energy will invest $457 million to expand power transformer production in South Boston, creating 825 jobs and building the nation’s largest large transformer plant.
Preparation pays off in Shenandoah Valley
The Shenandoah Valley's economy grew in 2025 with a $3 billion Merck expansion, new food production facilities, and strong manufacturing investments.
Eli Lilly’s Goochland $5B plant to benefit region and beyond
Eli Lilly is investing $5 billion in a Goochland pharmaceutical plant to create 650 jobs and produce advanced therapies, strengthening Virginia’s pharma sector.
LS Cable’s $689M Chesapeake campus doubles investment
LS Cable will invest $689 million in a new manufacturing campus in Chesapeake, creating 430 jobs and doubling its total investment in the region by 2027.
$3B Merck expansion makes big impact in Shenandoah Valley
Merck is investing $3 billion to build a small-molecule manufacturing facility in Elkton, Virginia, creating 500 permanent jobs and boosting local economy.
Southern Virginia’s ready to capitalize on manufacturing
Southern Virginia is attracting major manufacturing investments in 2025, including expansions by Hitachi Energy and new facilities by WB Alloys and Nathan Trotter.
Hampton Roads leverages regional economic assets
Hampton Roads drives growth with $1.5 billion in investments across defense, energy, aerospace, and logistics sectors in 2025, boosting jobs and infrastructure.
