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Va. could get $100M+ lithium-ion battery project
A $100 million-plus lithium-ion battery project could be coming to Virginia, the U.S. Department of Energy announced Monday, but a spokesperson for U.S. Sen. Mark Warner said North Carolina could also be in contention. MP Assets will build a facility to manufacture separators for lithium-ion batteries, bringing 282 permanent jobs and at least a $100 […]
Va. joins collaborative to launch air taxi industry
Virginia has joined seven other states in forming a collaborative to support the growth of the advanced air mobility industry. The Advanced Air Mobility Multistate Collaborative represents all aviation modes, including small uncrewed aircraft systems (sUAS) and electric vertical takeoff and landing vehicles (eVTOL), which are both often referred to as air taxis, as well […]
International logistics company to expand in Norfolk
Katoen Natie Norfolk, a subsidiary of Belgian international logistics service provider and port operator Katoen Natie, will invest $59.9 million to expand its Norfolk facility and create an estimated 76 jobs. Katoen Natie Norfolk will add a 450,000-square-foot warehouse and rail yard, and expand its existing rail spur, which will allow more room to load […]
Va. Beach digital solutions company to add 300+ jobs
Virginia Beach-based Doma Technologies, a software company founded in 2000, will invest $3.7 million to expand in the city, adding about 307 jobs in the next three years and bringing its total to about 500 employees, Gov. Glenn Youngkin announced Thursday. The expansion will include a new 69,000-square-foot facility. Doma is currently located along London […]
Lynchburg association lands $310k in grants to aid downtown efforts
With help in part from three state grants, Downtown Lynchburg Association is working to brighten the city’s scenic Bluffwalk for the holidays and fill downtown stores. DLA combined a $75,000 Virginia Main Street Downtown Investment Grant with other funding to launch Bright Nights on the Bluffwalk, an eight-week event set to ki[...]
Northrop Grumman to establish $200M Waynesboro facility
Falls Church-based Fortune 500 defense contractor Northrop Grumman will invest more than $200 million to establish an advanced electronics manufacturing and testing facility in Waynesboro, creating an estimated 300 jobs over the next five years, Gov. Glenn Youngkin announced Tuesday. “Northrop Grumman’s expanding Virgini[...]
Warner condemns FBI HQ site selection in Md. as ‘corrupt’
U.S. Sen. Mark Warner said Thursday that the FBI headquarters site selection — choosing Greenbelt, Maryland, over Springfield — was “corrupt” and that he expected better from the Biden administration. Warner’s comments followed a Thursday morning email by FBI director Christopher Wray to the agency’s [...]
Newport News Shipbuilding expands to Norfolk
With the largest workload it’s had in four decades, Newport News Shipbuilding has had to get creative about how to use the limited footprint at its shipyard in Newport News. So when an opportunity to set up a second campus not far away — on the other side of the Hampton Roads Bridge-Tunnel, in Norfolk […]
Glass manufacturing operation to create 659 jobs in Prince George
PGT Innovations, a Florida-based manufacturer and supplier of windows and doors, will invest $54.3 million to establish a glass manufacturing operation in the former Rolls-Royce facility in Prince George County’s Crosspointe Logistics Center, creating 659 jobs, Gov. Glenn Youngkin announced Friday. Virginia competed with A[...]
$14.9M manufacturing facility coming to Russell County
Tate, a data center supplier, will invest $14.9 million to establish a new manufacturing facility in Russell County, creating 170 jobs, Gov. Glenn Youngkin announced Thursday. The new plant will focus primarily on data center component manufacturing and containment products to serve clients in Virginia and other data center sites. “I’m proud that the commonwealth […]
SWVA clean energy development could draw $8.5B in investments
Wise County and neighboring localities in Southwest Virginia may become home to a massive clean energy development that could attract up to $8.25 billion in capital investments, Gov. Glenn Youngkin announced Wednesday. An agreement between Energy DELTA Lab, Dallas-based Fortune 100 energy company Energy Transfer and Wise County [...]
Food/bev distributor opens $275M Caroline County center
Food and beverage distributor World Class Distribution has opened its nearly finished $275 million, 1.2 million-square-foot distribution center in Caroline County with 400 employees, the county’s board of supervisors announced Tuesday. Gov. Glenn Youngkin initially announced the project in November 2022, at which time WCD expected to add 745 jobs. The company now plans to […]
