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Economic Development

Aug 20, 2020

Former Volvo Trucks exec launches commercial vehicle company

The former chief operating officer for Volvo Trucks North and South America, Patrick Collignon, announced Wednesday that he has launched Trova Commercial Vehicles (TrovaCV), located in Pulaski County’s Fairlawn area. The company will focus on the engineering, design and production of fully electric commercial vehicles, wit[...]

Aug 14, 2020

T-Mobile invests $30M to relocate customer center to Henrico

T-Mobile US Inc. will invest $30 million to relocate one of its customer experience centers to the former Sam’s Club on Laburnum Avenue in Henrico County, creating up to 500 jobs, Gov. Ralph Northam announced Friday. “T-Mobile has been a valued employer and partner to the commonwealth for many years and we are proud that […]

Aug 13, 2020

UPDATE: House and Senate Democrats, governor roll out special session priorities

Updated, Aug. 14 House of Delegates Speaker Eileen Filler-Corn rolled out the House Democratic Caucus’ legislative priorities for the Aug. 18 special session, a slate of coronavirus-related measures and law enforcement reforms. Filler-Corn, D-Fairfax, announced in a news release Thursday that the following COVID-19 legisla[...]

Aug 13, 2020

10 Va. companies graduate from VEDP’s export trade program

Gov. Ralph Northam announced Thursday that 10 Virginia companies have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) program, which now has more than 300 graduated companies.  The VALET program helps Virginia companies to establish domestic operations for exports and encourages using international exporting as a growth strategy. During […][...]

Aug 12, 2020

Wythe County lumber company announces $2.4M expansion

Gov. Ralph Northam announced Wednesday that Wythe County-based Musser Lumber Co. Inc. will invest $2.4 million to expand its operations and increase 12 jobs — which, during the next three years, will lead to more than $8.5 million in forest product purchases. “Musser Lumber’s continued growth and success in Wythe County is a testament to […]

Aug 11, 2020

$17M greenhouse coming to Goochland County

Gov. Ralph Northam announced Tuesday that Greenswell Growers Inc. will invest more than $17 million to build a commercial hydroponic greenhouse in Goochland County, creating 27 jobs. “Greenswell Growers’ decision to establish a new greenhouse operation in Goochland County is a great win for the region and the commonwealth,” Secretary of Commerce and Trade Brian […]

Aug 11, 2020

State awards $278K to COVID-19 economic recovery projects

Gov. Ralph Northam announced Tuesday that the state has awarded $278,000 among 18 economic revitalization projects in Virginia as part of the state’s COVID-19 economic recovery plan. “Downtown districts are the lifeblood of our communities and our local economies and they need our support now more than ever,” Northam said in a statement. “Main Street […]

This rendering shows a view of the Virginia Tech Innovation Campus’ academic space, which will be located along Potomac Avenue in Alexandria. Rendering by SmithGroup, courtesy Virginia Tech
Jul 29, 2020

Tech talent factory

Lance R. Collins was hired to lead Virginia Tech’s $1 billion Innovation Campus in one world, but he begins work Aug. 1 in another. But the Innovation Campus’ new vice president and executive director sees the disruption fueled by the pandemic and recession as only sharpening the mission of Tech’s initiative to create a te[...]

Tad Deriso, CEO and president of Mid-Atlantic Broadband Communities Corp., is bringing a tech hub to South Boston. Photo by Meridith De Avila Khan
Jul 29, 2020

Creating space for startups to bring products to fruition

South Boston’s town manager, Tom Raab, was elated when Mid-Atlantic Broadband Communities Corp. announced in early summer its plan for a Southern Virginia Tech Hub adjacent to its Southern Virginia Innovation Hub. “That’s big for South Boston and Halifax County,” Raab says. “The locations will have the fastest free Wi-[...]

Arlington's leaders are seeking to make economic change equitable, says Libby Garvey, chair of the Arlington County Board of Supervisors. Photo by Stephen Gosling
Jul 29, 2020

The mouse that roars

Arlington County encompasses an area of just 26 square miles, making it geographically the smallest self-governing county in America. But in many ways, it is the mouse that roars. In November 2018, Arlington snagged the biggest economic prize in Virginia — and possibly U.S. — history when Amazon.com Inc. announced it would b[...]

Michelle Rogers. Photo courtesy Virginia’s Gateway Region
Jul 27, 2020

Virginia’s Gateway Region, Community College Workforce Alliance hire workforce development director

Virginia’s Gateway Region (VGR) and the Community College Workforce Alliance (CCWA) announced Monday that Michelle Rogers has been hired for the new joint position of director of workforce development, effective July 6. This is the first time that a regional economic development organization and a community college have pa[...]

Photo courtesy Mariners Landing Development Co. LLC
Jul 27, 2020

Mariners Landing has new owners

Smith Mountain Lake housing community Mariners Landing in Bedford County has new owners, Mariners Landing Development Co. LLC announced Thursday.  Waller S. Perrow III of Mariners Landing Development Co. LLC did not disclose financial terms for the May sale, saying it was contractually protected. Commercial real estate develope[...]

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