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Site-Locator 2022

Jul 28, 2022

Virginia’s Fortune 500 companies

Virginia continues to perform well on the Fortune 500, with 21 companies from the commonwealth making the 2022 list, which ranks the 500 largest publicly traded companies in the United States by total revenue. Mortgage finance company Federal Home Loan Mortgage Corp. (“Freddie Mac”) once again topped Virginia’s list of Fortune 500 companies. With $65.89 […]

During a June 15, 2022, news conference at the Science Museum of Virginia in Richmond, Gov. Glenn Youngkin announced that the Lego Group plans to build a $1 billion toy factory in Chesterfield County. Cover rendering courtesy Lego Group; Youngkin photo by Shaban Athuman/AP Images
Jul 28, 2022

Youngkin, CNBC see room for growth in Va.

In July, Virginia ceded the top spot in CNBC’s America’s Top States for Business rankings to neighboring North Carolina, with Virginia taking third place in the annual list. Virginia had previously held the No. 1 slot for a record-breaking two years — a feat no other state has matched in the coveted award’s 15-year histo[...]

CoStar Group is significantly expanding its Richmond footprint with a new James River campus near its current office. Rendering courtesy CoStar Group Inc.
Jul 28, 2022

Big deals

These are some of the state’s biggest economic development announcements in 2021 and 2022, expected to create at least 100 jobs each. CENTRAL VIRGINIA Chesterfield County: Lego Group, the manufacturer of the iconic brightly colored interlocking plastic toy bricks, announced in June it will build a $1 billion plant in Chesterfi[...]

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