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Site Locator 2026

Intro_Letter_CNBC_Screenshot
Aug 2, 2026

Virginia rises one place to No. 3 in CNBC list

Virginia rose to no. 3 in CNBC's top states for business, boosted by infrastructure ranking despite economic challenges and new data center tax concerns.

Then-Gov. Glenn Youngkin joined Merck & Co. at the October 2025 groundbreaking for Merck’s $3 billion expansion in Elkton. Photo by Kaitlyn DeHardie, Office of Gov. Glenn Youngkin
Aug 2, 2026

Big deals: Pharma, manufacturing make splash in Virginia

Anticipated to create at least 100 jobs apiece, these economic development announcements were some of the largest in Virginia in the second half of 2025 and the first half of 2026. CENTRAL VIRGINIA Albemarle County: In October 2025, U.K. pharma-ceutical giant AstraZeneca announced plans for a $4.5 billion manufacturing campus wi[...]

Freddie Mac headquarters in McLean. Photo courtesy Freddie Mac
Aug 2, 2026

Virginia’s Fortune 500 companies

Virginia has 24 companies on the Fortune 500 list, including newcomers Venture Global and Amentum, with Freddie Mac leading at No. 33 by revenue.

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