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Amazon creating 200 more jobs in Hampton Roads
Amazon.com Inc. announced Tuesday it will open two additional delivery stations in Hampton Roads in 2021, creating more than 200 full- and part-time jobs. The ecommerce giant announced in March it would build two operations facilities in Hampton Roads (in Suffolk and Chesapeake), creating an expected 1,500 jobs. The additional d[...]
Auto component supplier announces $4.6M Strasburg expansion
Automotive components and systems supplier International Automotive Components Group (IAC Group) will invest $4.6 million to expand its Strasburg operations and add auto component lines and products to its existing facility, creating 47 jobs, Gov. Ralph Northam announced Monday. Headquartered in Luxembourg, IAC Group is a supplier of instrument panels, console systems, door panels, headliners […][...]
Va. employment may not fully recover until 2023 to 2025
Virginia may not get back to full, pre-pandemic employment until 2023 to 2025, according to Moody’s Analytics employment forecasting, but Stephen Moret, president and CEO of Virginia Economic Development Partnership (VEDP) thinks that the commonwealth can recover sooner. “We not only want to accelerate the path back to full,[...]
Volvo electric trucks to be produced at NRV plant in early 2021
Volvo Trucks North America’s plant in Pulaski County will manufacture its new battery-powered VNR Electric truck model starting early next year, the company announced Thursday. The largest Volvo truck plant in the world, the Dublin facility currently employs close to 3,000 people and builds heavy-duty trucks of multiple mo[...]
National Landing BID makes hires, promotions
The National Landing Business Improvement District (BID) announced Wednesday a slate of new hires and promotions, including two newly created vice president positions. Ashley Forrester is the Arlington-based public-private partnership’s new vice president of marketing and communications, and Malaika Scriven is vice preside[...]
Grayson County food manufacturer announces $1.5M expansion
Organic meat snack brand Grayson Natural Farms LLC will expand its Grayson County operation by 35,000 square feet through a $1.5 million investment, creating 40 jobs, Gov. Ralph Northam announced Tuesday. Grayson Natural Farms produces Landcrafted Food, which are grass-fed, organic meat snacks. Its smokehouse and production operation is currently located at 226 Industrial Lane. […]
Henrico County announces $2.3B GreenCity arena project
Henrico County officials announced Tuesday plans for a $2.3 billion arena-anchored development, born out of the failed Navy Hill project proposal for downtown Richmond. But with private financing and no projected impact on county taxpayers, the GreenCity development may have a smoother path. Proposed on the 204-acre former Bes[...]
Richmond to select casino operator, site in summer 2021
The city of Richmond intends to select a resort casino site and operator in summer 2021, according to an announcement from Richmond Mayor Levar Stoney released Tuesday. The Virginia General Assembly earlier this year passed a law authorizing resort casinos to operate in each of five economically challenged cities, including Richmond. For the project to […]
Capital Region Small Business Development Center opens in Richmond area
Now part of the state’s Small Business Development Center (SBDC) network, the Capital Region SBDC opened this month to assist Richmond-area small business owners, Virginia Community Capital announced Monday. Funded by the U.S. Small Business Administration with $192,000 in CARES Act money, plus matching grant funds from re[...]
Shenandoah Valley Organic to create 110 jobs in Harrisonburg
Shenandoah Valley Organic, a family-owned organic chicken company, will establish a second, 75,000-square-foot facility in Harrisonburg, increasing production capacity and retail packaging abilities. The expansion will create 110 jobs, Gov. Ralph Northam announced Tuesday. Founded by sixth-generation farmer Corwin Heatwole, Shenandoah Valley Organic mission is to partner with independent family farmers to raise organic chickens. [&helli[...]
Vinton, Warsaw, Wytheville receive industrial revitalization funding
The towns of Vinton, Warsaw and Wytheville will receive a total of more than $1.4 million in state industrial revitalization fund (IRF) grants, Gov. Ralph Northam announced Friday. IRF funding provides gap financing for redevelopment projects that can lead to long-term employment opportunities. “This funding will not only help transform deteriorating or unused structures, it […]
Va. Coalfield Economic Development Authority establishes $1M Renewable Energy Fund
The Virginia Coalfield Economic Development Authority (VCEDA) announced Thursday it has established a $1 million Renewable Energy Fund from coal tax credit funds. “With the establishment of the Renewable Energy Fund, VCEDA is poised to readily assist in the development of renewable energy projects, which will add new jobs and investment to the region and […]
