News

Governor Spanberger Secures More Than $15 Million Investment by TECHnista in Danville

RICHMOND, VA — Governor Abigail Spanberger today announced TECHnista — an education consulting company specializing in K-12 curriculum and workforce ecosystem development for defense and advanced manufacturing industries — will invest $15.1 million in Danville. To accommodate its growth, the company plans to lease the 30,000 square-foot Cyber...

Avio Selects Pittsylvania County for $500+ Million Investment

Commonwealth of Virginia Office of Governor Abigail Spanberger February 23, 2026 RICHMOND, VA — Avio USA Inc. — a subsidiary of leading global aerospace company Avio S.p.A — will invest approximately $500 million to establish an 860,000 square-foot manufacturing facility in the Southern Virginia Multimodal Park in Hurt, Virginia. The new facility...

Infinity Global Expands Danville Operations with $34 Million Investment

RICHMOND, VA — Infinity Global Inc., an international leader in high-end packaging solutions, plans to expand operations at its Danville, Virginia, headquarters with a $34 million investment. The investment will more than double the company’s Virginia workforce, creating 150 new jobs in the Commonwealth. “This investment proves there is no better...

Governor Glenn Youngkin Announces Landmark Investment by Hitachi Energy

Governor Glenn Youngkin Announces Landmark Investment by Hitachi Energy

$457 million to go into large power transformer production facility in South Boston, Virginia, creating 825 new jobs as part of the company’s broader $1 billion investment in U.S. expansion Governor Glenn Youngkin today announced that Hitachi Energy, a global leader in electrification, will invest $457 million to expand its South Boston facility,...

Governor Glenn Youngkin Announces MerryGoRound, Inc ​to Establish Fulfillment​ and Logistics​ Center in Pittsylvania County

E-commerce fulfillment company will invest $10 million and create 203 new jobs Governor Glenn Youngkin today announced that​ MerryGoRound​​, ​a North Carolina-based fulfillment company specializing in ​apparel ​and collectibles, will invest $10,003,600 to establish operations in Pittsylvania County. The company will utilize a 400,000-square-foot...

WB Alloys Establishes First U.S. Production Facility in Danville

UK-based wire alloy manufacturer will invest $6.6 million and create 30 new jobs RICHMOND, VA — Governor Glenn Youngkin announced today that UK-based WB Alloys is investing $6.6 million to expand their operations and open production in Virginia. The Danville facility will specialize in wire alloy production for the Navy and Department of Defense....

Aerial Invests in New Technology Center in Patrick County

RICHMOND, VA — The Virginia Economic Development Partnership today announced that Aerial Machine & Tool Corporation, a supplier and manufacturer of emergency breathing systems for military personnel and first responders, will invest $781,000 to design and construct Aerial’s Next Generation Breathing Technology Center and upskill five...

Mecklenburg County Joins Southern Virginia Regional Alliance

The Southern Virginia Regional Alliance (SVRA) is a regional economic development organization that markets Southern Virginia by enhancing the visibility and raising awareness of potential opportunities. SVRA works to improve the region’s perception and prominence, better positioning Southern Virginia in both regional and global markets. Through...

Governor Glenn Youngkin Announces Plastic Recycling Startup Launches in Pittsylvania

Green Recycle USA LLC will invest $4.3 million and create 28 new jobs  RICHMOND, VA — Governor Glenn Youngkin announced today that Green Recycle USA LLC, a start-up company that will process and recycle industrial plastic waste, is investing $4.3 million to launch in an existing warehouse in Pittsylvania County. The company’s goal is to create a...

Microporous recognized as Top Deal in North America by Site Selection Magazine

Today, Site Selection Magazine announced that Microporous, a lithium-ion battery separator manufacturer, has been recognized as a 2024 Top Deal in North America. In November of 2024, Microporous announced plans to invest $1.35 billion to establish a new facility in Pittsylvania County and create 2,015 new jobs. The company will develop on Lot 1...