Virginia: Building Momentum Through Innovation, Talent and Global Connections
October 13, 2026
Major pharmaceutical investments, expanded port capabilities and customized workforce programs strengthen the Commonwealth’s position for business growth.
Virginia is entering a new phase of economic development as major manufacturing investments complement its established strengths in technology, research and global commerce.
For companies considering a new location or expansion, the Commonwealth offers a combination of market access, specialized talent and infrastructure designed to support long-term operations.
Recent developments in p...
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Virginia’s Economic Transformation: A New Era of Growth and Opportunity
October 30, 2025
The Commonwealth of Virginia, known for its history and strategic East Coast location, is entering a new era of innovation and investment. Once recognized primarily for its proximity to Washington, D.C., Virginia is now a leading hub for technology, advanced manufacturing, agriculture, and renewable energy.
Driven by forward-thinking policies, strong infrastructure, and a pro-business climate, Virginia’s economy is attracting global attention and significant new investment.
A Strong, Stable Business Climate
Virginia’s reputation as one of t...
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Related Reading
Crown Holdings To Create 126 Jobs In Henry County, Virginia
January 28, 2021
~ Company will invest $145 million to establish new aluminum beverage can production facility ~ Richmond, VA — Governor Ralph Northam today anno...
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Governor Northam Announces Klöckner Pentaplast to Expand Louisa and Wythe Operations with $68 Million Investment
November 18, 2020
~ Global manufacturer to add 54 new jobs ~ Richmond, VA — Governor Ralph Northam announced that Klöckner Pentaplast Group (kp), a global leader...
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Plasser American To Expand in Chesapeake, Virginia Creating 98 New Jobs
October 7, 2020
~ Railway maintenance equipment manufacturer will increase production capacity with $52.6 million investment ~ Richmond, VA — Governor Ralph Nor...
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The Commonwealth of Virginia – A Beacon of Economic Opportunity since 1607
October 1, 2020
The Port of Virginia is served by every primary shipping line that connects Virginia with major ports throughout the world. A massive expansion is und...
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Huntington Ingalls Industries to Establish Unmanned Systems Facility in Hampton, Virginia
September 22, 2020
~ Nation’s largest military shipbuilder will create more than 250 new jobs ~ Hampton, VA — Governor Ralph Northam announced that Huntington In...
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Governor Northam Announces Torc Robotics to Expand in Virginia and Create 350 New Jobs
August 26, 2020
~ Self-driving vehicle pioneer to invest $8.5 million to grow software development operations ~ Richmond, VA — Governor Ralph Northam today anno...
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Previously Archived Features
Upcoming Industry Events
FABTECH 2026
October 21, 2026 - October 23, 2026
Date: Wednesday, October 21, 2026 - Friday, October 23, 2026 FABTECH provides a convenient venue where you can meet with world-class suppliers, see the latest industry products and developments, and find the tools to improve productivity, increase profits and discover new solutions to all of your metal forming, fabricating, welding, and finishing needs. Location:…
TEDC FALL BASIC ECONOMIC DEVELOPMENT COURSE
November 10, 2026 - November 13, 2026
https://texasedc.org/programs/basic-economic-development-courses Date: November 10-13, 2026 The Texas BEDC is offered three times per year. The BEDC will provide the participant with a comprehensive understanding of the keys of successful economic development. For those new to the profession, the BEDC is the first step toward professional certification. The BEDC is accredited by the International Economic Development…
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