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Home>Industries>Economic Development

Economic Development

Mar 1, 2026

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.

CEL Critical Power’s new facility, which opened in summer 2025, was part of a $5.225 million investment. Photo courtesy CEL Critical Power

Mar 1, 2026

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.

L to R: Roanoke Regional Partnership head John Hull and Botetourt County Administrator Gary Larrowe at the planned Google data center campus site Photo by Natalee Waters

Mar 1, 2026

Google data center campus spawns excitement, concern

Google will invest $3 billion to build a data center campus in Botetourt County, Virginia, creating 150 jobs and prompting water infrastructure studies.

L to R: Henrico County Manager John Vithoulkas, ABB’s Franklin Sullivan and former Henrico EDA head Anthony Romanello celebrate ABB’s expansion. Official photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Mar 1, 2026

Data centers, manufacturing drive growth in Central Virginia

Central Virginia's 2025 growth driven by major data center projects and manufacturing investments, including Google, AstraZeneca, and Eli Lilly expansions.

Mar 1, 2026

Top-grossing Virginia wines and wineries

Mar 1, 2026

Top Hotels by revenue / rooms sold and Virginia’s commercial airports

Mar 1, 2026

Top SBA lenders – Virginia District Office

Mar 1, 2026

Top selling alcoholic products in Virginia

Mar 1, 2026

Banks & thrifts

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Loudoun supervisors mull data center moratorium

Loudoun County Board of Supervisors voted 6-1 to direct staff to prepare an item placing a moratoriu[...]

Virginia joins 12 states alleging Nexstar, Tegna violating hold separate order

Virginia Attorney General Jay Jones alleges Nexstar and Tegna violate a court order halting their me[...]

Chesapeake approves 8-month pause on data center applications

Chesapeake City Council voted to pause consideration of data center applications for up to eight mon[...]

Dominion Energy's headquarters at 600 E. Canal St. in Richmond. Photo by Kira Jenkins/Virginia Business

GOP legislators call for extension of SCC’s review time of Dominion merger

Two legislators have requested that Gov. Abigail Spanberger call a special legislative session to ex[...]

ASRC Federal President and CEO Mike Manzo. Photo courtesy ASRC Federal

ASRC Federal names new CEO, as Felix steps down

ASRC Federal, the Reston-based federal contractor and subsidiary of Arctic Slope Regional, has a new[...]

Virginia Gov. Glenn Youngkin speaks at a Sept. 16, 2025, news conference announcing a $5 billion Eli Lilly pharmaceutical manufacturing plant for Goochland County. Photo by Kaitlyn DeHarde, Office of Gov. Glenn Youngkin

Youngkin takes chairman role at Red Cell Partners

Former Virginia Gov. Glenn Youngkin joined Red Cell Partners as partner and chairman of the technolo[...]

People

Guidehouse appoints new CFO and chief transformation officer

24/7/2026

Peraton promotes acting CFO to permanent role

16/7/2026

Richmond-area attorney is first elected chair of VCU Health

15/7/2026

Energy tech hub opens in Newport News

The Secure Energy Future Center backed by Virginia Tech opens in Newport News with $2.7 million fund[...]

The new Volvo VNR 300 was introduced in February. Photo courtesy Volvo Trucks North America

Volvo Trucks’ Dublin plant rolls out regional hauler

Volvo Trucks North America’s Dublin plant has begun production of the new VNR regional hauler, boo[...]

Tenaska, a Nebraska energy company, hopes to build a battery energy storage project near Leesburg. Photo by Alamy

$750M battery storage project eyed in Loudoun

Energy company Tenaska is seeking approval for a $750 million, 425-megawatt battery energy storage p[...]

A rendering of Virginia Technology Park, a data center campus proposed in Frederick County Image courtesy Frederick County

Valley communities prepare for data centers

As interest in data centers grows across Virginia, Shenandoah Valley communities are debating how to[...]

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Select Region or Brand

Economic Development

Southern Virginia’s ready to capitalize on manufacturing

Hampton Roads leverages regional economic assets

Google data center campus spawns excitement, concern

Data centers, manufacturing drive growth in Central Virginia

Top-grossing Virginia wines and wineries

Insurance brokers

Top Hotels by revenue / rooms sold and Virginia’s commercial airports

Top SBA lenders – Virginia District Office

Top 10 companies by…

Credit unions

Top selling alcoholic products in Virginia

Banks & thrifts

Top Stories

Loudoun supervisors mull data center moratorium

Virginia joins 12 states alleging Nexstar, Tegna violating hold separate order

Chesapeake approves 8-month pause on data center applications

GOP legislators call for extension of SCC’s review time of Dominion merger

ASRC Federal names new CEO, as Felix steps down

Youngkin takes chairman role at Red Cell Partners

People

Regions

Energy tech hub opens in Newport News

Volvo Trucks’ Dublin plant rolls out regional hauler

$750M battery storage project eyed in Loudoun

Valley communities prepare for data centers