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Economic Development

Amazon fulfillment center in Chester
Feb 19, 2020

Amazon to open fulfillment center in Prince George County

Seattle-based Amazon.com Inc. — which is building its $2.5 billion HQ2 East Coast headquarters in Arlington — will open a fulfillment center for its AmazonBasics line in Prince George County by the end of the year, creating 150 jobs, Gov. Ralph Northam announced Wednesday.  The fulfillment center will open in the former 798[...]

Feb 13, 2020

Arlington cybersecurity firm to move headquarters to Stafford County

Arlington-based cybersecurity engineering and consulting firm GRIMM (SMFS Inc.) will invest $435,000 to establish its corporate headquarters in Stafford County, Gov. Ralph Northam announced Thursday. The expansion is expected to create 23 jobs. GRIMM provides products and services including cybersecurity tools, sensors, analytics, frameworks, automated testing and consulting.  “Strong cybersecurity defenses are increasingly important[...]

Feb 11, 2020

Richmond’s $1.5B Navy Hill project is dead

Richmond City Council on Monday formally killed the $1.5 billion Navy Hill proposal, with seven of nine members voting to strike several elements of the plan from the council’s consent agenda. After the vote, council members passed a resolution that Richmond Mayor Levar Stoney start over with a request for proposals to develop[...]

Rendering of the proposed VCU Health Systems complex in Richmond's Navy Hill area
Feb 4, 2020

VCU Health proposes medical complex as part of Navy Hill project

The $1.5 billion Navy Hill project — as proposed — may be killed next Monday by Richmond City Council, but that hasn’t stopped Virginia Commonwealth University and other heavy hitters from making economic development announcements in an effort to salvage the controversial project. VCU Health System announced Tuesday that i[...]

Feb 4, 2020

Custom Truck One Source adding 61 jobs in Bedford County

Custom Truck One Source will expand its manufacturing business in Bedford County, investing $2.6 million and creating 61 jobs, Gov. Ralph Northam announced Tuesday. The Kansas City, Missouri-based company plans to double production at its specialized truck and heavy equipment plant in Bedford’s Forest area to meet growing demand. “Custom Truck One Source has been […]

Feb 3, 2020

International olive oil manufacturer to invest $11M for Suffolk production operation

International olive oil manufacturer Acesur USA LLC will invest $11 million to establish its first U.S. production operation in Suffolk, creating 29 jobs, Gov. Ralph Northam announced Monday.  Acesur was established in 1840 and produces, packages and markets olive oil. It exports to more than 90 countries and has established brands in the U.S. including […]

Feb 3, 2020

Packaging company set to invest $6.5M in Henrico County plant

Austin, Texas-based packaging manufacturer ePac Flexible Packaging will invest $6.5 million to establish a manufacturing facility in Henrico County, creating 35 jobs, Gov. Ralph Northam announced Monday. ePac Flexible Packaging was founded in 2016 and produces finished pouches and rollstock. The manufacturer invested $100 million last November in HP Indigo 20000, a commercial digital printing […][...]

Feb 3, 2020

Henrico County manufacturer purchases North Dakota company

Henrico County-based manufacturer Alchemco recently acquired a North Dakota waterproofing technology company, TechCrete LLC, in a move expected to create 15 to 20 jobs, according to Alchemco. Terms of the transaction were not disclosed, but Alchemco, which produces products to clean, repair and waterproof concrete and masonry, e[...]

Mike Grundmann, Virginia Economic Development Partnership senior vice president of workforce solutions
Jan 31, 2020

Morgan Olson training program set to start in March

The Virginia Talent Accelerator Program, launched last fall by the Virginia Economic Development Partnership, is set to begin its first big project in March, training an estimated 703 people to work at Morgan Olson LLC’s new plant in the Danville area at no cost to the employer. Many will train in classrooms and the welding [&[...]

Jan 30, 2020

Mack Trucks plant in Roanoke County to create 250 jobs

Gov. Ralph Northam announced Thursday that Mack Trucks will create 250 jobs at a Roanoke County facility building a new line of medium-duty trucks. The company, part of the Volvo Group, plans to invest $13 million in the project, according to state and county officials. The plant, to be known as Mack’s Roanoke Valley Operations […]

Jan 29, 2020

Blue Ridge Designs LLC invests $2M to expand Southwest Va. operations

Carroll County-based screen-printed apparel manufacturer Blue Ridge Designs LLC will invest $2.28 million to expand its operations, creating 118 jobs, Gov. Ralph Northam announced Wednesday.  Blue Ridge Designs was established in January 2019 and manufactures screen-printed apparel with watercolor ink. Since January 2019, the company has purchased six presses and three dryers, hired 80 employees […][...]

Virginia State Capitol. Courtesy Virginia Department of Historic Resources.
Jan 28, 2020

Could Democratic General Assembly repeal Va.’s right-to-work laws?

Buoyed by the Virginia legislature’s new Democratic majority, bills to repeal Virginia’s right-to-work laws have the greatest chance of making it to the governor’s desk in a generation, predict political scientists. “I think it absolutely will [get repealed], but it will be a big fight,” says Elsie Harper-Anderson, dir[...]

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