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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 […]
High cost, higher rewards
Michael Meyers is always looking for an advantage. Like many in the meetings industry, the Greater Richmond Convention Center’s general manager has seen his facility’s costs spike from inflation. Likewise, the price tag to run conferences has increased, so planners and venues are striving to ensure a good return on investmen[...]
Coming into focus
In 2016, amid concerns over how the Virginia Economic Development Partnership was being run, the General Assembly directed Virginia’s Joint Legislative Audit and Review Commission to examine VEDP’s organizational management and performance. “There was a perception, at least publicly, that [VEDP] was a fairly good organizat[...]
Massive foundation posts arrive for Dominion’s offshore wind farm
The first eight monopiles, the wind-turbine foundation posts for Dominion Energy’s $9.8 billion offshore wind farm, arrived at Portsmouth Marine Terminal on Oct. 19, and state officials and Dominion executives celebrated their arrival from Germany Friday. In a ceremony Friday, Gov. Glenn Youngkin, Dominion Chair, President[...]
Richmond-Petersburg pharma coalition wins fed designation
Central Virginia’s pharmaceutical hub received a federal designation that could lead to millions in federal funding in the future, while a 3D printing consortium in the New River Valley and Danville won a $500,000 federal grant, the U.S. Department of Commerce announced Monday. A group of public and private sector partners[...]
$900M water park resort breaks ground in Spotsylvania
A massive water park resort has broken ground in Spotsylvania County. The 1.38 million-square-foot Spotsylvania County Kalahari Resort, located between U.S. Route 1 and Interstate 95 in Thornburg, north of Kings Dominion, is expected to offer a 907-room hotel, a 175,000-square-foot indoor waterpark featuring slides, a wave pool [...]
Jefferson Lab to lead $300M data hub
The Thomas Jefferson National Accelerator Facility will lead a $300 million to $500 million data science computing hub that will make scientific data more accessible to sciences nationwide, the U.S. Department of Energy announced Monday. Known as the High Performance Data Facility hub (HPDF), the project will be based at the N[...]
Envelope maker to expand in Bedford County
Forest-based Parkland Direct, a lithographic print and custom envelope manufacturer, will invest $10 million to expand in Bedford County, creating 41 jobs, Gov. Glenn Youngkin announced Tuesday. The company will add 50,000 square feet to its current 60,000-square-foot facility to increase production capacity with the addition of two converters and press machines. The family-owned business […][...]
