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Economic Development

Dec 19, 2017

Virginia Beach reduces tax rate for data center equipment

City reduces rate from $4 to 40 cents per $100 of assessed value.

Dec 12, 2017

Company plans to create 405 jobs in Bristol

American Merchant Inc. will invest $19.9 million to establish its first U.S. manufacturing operation.

Dec 5, 2017

Global Technical Systems to expand in Virginia Beach with a $55 million manufacturing center

The 500,000-square-foot green energy storage center is expected to create 1,100 jobs.

Nov 16, 2017

State’s business recruiting arm announces members of committee on international trade

Hampton Dowling of Potomac Falls will head committee as chairman.

Nov 1, 2017

Jobless rates fall in all Virginia metro areas

Only two of 11 urban regions had rates above 4 percent in September.

Oct 27, 2017

GO Virginia

Regional initiative prepares to pivot from planning to action

Oct 24, 2017

Altec Industries to invest $30 million in fifth expansion in Botetourt County

65,000-square-foot expansion is expected to create 180 new jobs.

Oct 19, 2017

Franklin County breaks ground on 550-acre business park

First phase of Summit View Business Park will offer two pad sites and an access road.

Oct 19, 2017

Deadline for Amazon HQ2

Virginia submits several sites but doesn’t reveal exact number or economic incentives.

Oct 19, 2017

Deadline day for Amazon HQ2

Virginia submits several sites but doesn’t reveal exact number or economic incentives.

Oct 19, 2017

Produce facility expansion expected to create 33 jobs

Virginia Produce Co. Inc. plans to invest $650,000 in Carroll County project.

Oct 18, 2017

Isomet moves operations to Prince William County

The company is a supplier of laser-beam control devices.

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