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Economic Development

Nov 30, 2022

Granules India announces $12.5M pharma facility

Indian pharmaceutical company Granules India Ltd. will invest $12.5 million to establish a pharmaceutical packaging operation in Prince William County, creating 57 jobs, Gov. Glenn Youngkin announced Wednesday. Headquartered in Hyderabad, India, Granules India manufactures active pharmaceutical ingredients and other related products, including acetaminophen, ibuprofen and guaifenesin, the main ingredient in Mucinex. Granules India serve[...]

Nov 28, 2022

Fairfax solar/roofing contractor aims to add 400+ jobs

McLean-based solar energy and roofing contractor SmartRoof is relocating to Reston, with plans to add 410 jobs during the next five years, Gov. Glenn Youngkin announced Monday. Founded in 2006, SmartRoof is a residential and commercial roofing contractor that also offers solar energy systems. It serves customers in Northern Virginia, Maryland, Washington, D.C., Eastern Pennsylvania, […]

Nov 22, 2022

Skip Barber Racing School relocating to Halifax County

Skip Barber Racing School will relocate from Connecticut to Halifax County, building an $8.9 million performance driving school at the Virginia International Raceway (VIR) that’s expected to create 24 jobs, Gov. Glenn Youngkin announced Tuesday. VIR will build a 25,000-square-foot facility to be leased to Skip Barber Racin[...]

Nov 21, 2022

Rivers Casino Portsmouth plans Jan. 15 opening

Rivers Casino Portsmouth will open to the public Jan. 15 at 3 p.m., according to an announcement Monday. The $340 million venue, part of a planned entertainment district along Victory Boulevard off Interstate 264, will feature 1,448 slot machines, 57 table games and 24 poker tables as well as 10 bars and restaurants and an even[...]

Nov 18, 2022

Coworking hub for entrepreneurs opening in Harrisonburg

The brains behind the Staunton Innovation Hub are working on bringing a new hub to a new city: the $4.5 million Harrisonburg Innovation Hub is expected to open in late 2023, investors and partners announced Tuesday. Harrisonburg “has a very vibrant and growing startup ecosystem in place already, and there’s just a need f[...]

Reddix
Nov 17, 2022

ARDX to invest $2.4M to relocate, expand in Norfolk

Health care management and IT consulting firm ARDX will invest $2.4 million to relocate and expand within Norfolk, a project expected to create at least 15 jobs, Gov. Glenn Youngkin announced Thursday. ARDX will move from Lake Wright Drive to 500 W. 21st St. to hire more staff and establish a division of health equity […]

Nov 16, 2022

Food/beverage distributor to create 745 jobs in Caroline

World Class Distribution Inc. (WCD Inc.) plans to build a $275 million, 1.2 million-square-foot distribution center in Caroline County that will create 745 jobs, Gov. Glenn Youngkin announced Wednesday. A subsidiary of Tact Holdings Inc., WCD distributes food and beverage products, including canned foods, dry foods, candy, grocery, beer and wine, frozen foods and other […]

Nov 15, 2022

Metro opens $3B Silver Line extension

As a cold rain fell around noon Tuesday, leaders from Northern Virginia, Washington, D.C., and the Washington Metropolitan Area Transit Authority cut the ribbon on the $3 billion second phase of Metro’s Silver Line, extending rail service 11.4 miles to six stations and stretching into Loudoun County. Minutes later, they cr[...]

Nov 10, 2022

Japanese warehouse company to build facility in Chesapeake

A Tokyo-based transportation and warehousing company will invest $14 million to establish a warehouse and distribution facility in Chesapeake, creating 25 jobs, Gov. Glenn Youngkin announced Thursday. Nakano Warehouse & Transportation Corp. will build a warehouse at 2200 Steppingstone Square in the Greenbrier North Commerce Park. It will be up to 78,400 square feet and […]

Ryan Touhill headshot
Nov 7, 2022

Arlington hires new economic development director

Arlington Economic Development‘s new director is Ryan Touhill, Arlington County Manager Mark Schwartz announced Monday. Touhill will assume the role on Nov. 28. He succeeds Shannon Flanagan-Watson, who has been serving as interim director since Telly Tucker announced he was leaving to return to Danville, where he became pr[...]

Nov 3, 2022

Richmond seeks developers for Coliseum property

Two Richmond city authorities issued a request for interest Thursday to redevelop the area surrounding the Richmond Coliseum into a hotel-anchored mixed-use development, the City Center Innovation District. Owned by Richmond’s economic development authority, the 9.4-acre property includes the shuttered Coliseum and other s[...]

Nov 3, 2022

NJ resin/vinyl manufacturer to invest $13.5M in Tazewell

New Jersey-based custom resin and vinyl manufacturer Ronald Mark Associates Inc. will invest $13.5 million to establish a manufacturing operation in Tazewell County, a project expected to create 29 jobs, Gov. Glenn Youngkin announced Thursday. The company will occupy the former Komatsu Mining Corp. facility at 1081 Hockman Pike in Bluefield. “Ronald Mark Associates’ decision […]

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