SVP NEWS


Modine to Establish Heating Division Headquarters in Buena Vista

Posted on November 17, 2025

RICHMOND, VA — Modine, a diversified global leader in thermal management technology and solutions, will invest $19.6 million through 2029 in planned capital expenditures to expand its presence in Buena Vista, Virginia. The investment will fund a combination of warehouse, office, and testing facility construction, as well as new machinery and equipment transfers to support […]

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Governor Glenn Youngkin Announces Merck to Establish $3 Billion Center of Excellence for Pharmaceutical Manufacturing in Rockingham County

Posted on October 20, 2025

RICHMOND, VA — Governor Glenn Youngkin announced today that Merck, known as MSD outside of the United States and Canada, is starting construction on a $3 billion, 400,000-square-foot pharmaceutical manufacturing facility that will serve as Merck’s Center of Excellence for Pharmaceutical Ingredients and Small Molecule Manufacturing, and generate 500 jobs at its Elkton, Virginia, site. Merck’s […]

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McClung Companies to Upgrade Machinery and Equipment in the City of Waynesboro

Posted on March 27, 2025

RICHMOND, VA — The Virginia Economic Development Partnership today announced that McClung Companies, a marketing, printing and digital services business, will invest $4.6 million to upgrade printing equipment and management systems in the City of Waynesboro. The company will retrain 37 employees in how to use the upgraded equipment and systems. “McClung Companies has continually invested […]

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Grand Opening for Cadence’s Costa Rica Facility Marks Commitment to Customer Growth

Posted on May 28, 2024

Alajuela, Costa Rica (May 23, 2024) – Cadence, Inc., a medical device contract manufacturing organization (CMO) and strategic partner for leading global medical device OEMs, announced today the grand opening celebration of its facility in Costa Rica. The celebration is a significant step in the company’s continued commitment to growth, innovation, and investment to best […]

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Groundbreaking Set for Mathers & Green Hills Ventures, LLC Project in Staunton

Posted on January 22, 2024

Waynesboro (January 15, 2024) – Mathers Construction Team and Green Hills Ventures LLC, are set to break ground in Staunton on January 22nd at 11am. Members of Mathers Team, Green Hills Ventures, Balzer & Associates and others involved will be present. This event is open to members of the press to come and hear about […]

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Cadence Achieves Second Bronze Medal from EcoVadis

Posted on November 3, 2022

Staunton, Va. (November 2, 2022) – Cadence, Inc., a leading contract manufacturer of medical and drug delivery devices, is pleased to announce that the company has earned its second bronze medal for sustainability from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings. The bronze medal distinguishes sustainability performance in the top […]

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Harvest a Taste of the Valley in Shenandoah County

Posted on September 25, 2022

  In this 7th edition of our virtual cooking show, we feature Shenandoah County and some of the delicious locally made products as we bake an Apple Beer Bread. Host Woodstock Brewhouse made for the perfect backdrop to this edition’s recipe that featured their Tipsy Squirrel brown ale. Site consultants learned about the history of the […]

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Twelve Companies Selected to Participate in Virginia Leaders in Export Trade Program

Posted on July 16, 2021

Two-year export program provides resources to support international business expansion July 15, 2021 Richmond—The Virginia Economic Development Partnership (VEDP) today announced the acceptance of 12 companies into its two-year Virginia Leaders in Export Trade (VALET) program. The VALET program assists companies in the Commonwealth that are committed to international exporting as a growth strategy. To […]

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Mary Baldwin Receives Transformational $5M Gift in Support of New Nursing Program

Posted on April 14, 2021

Richmond Philanthropists Mr. and Mrs. William H. Goodwin, Jr. Make Transformational $5 Million Gift to MBU’s Murphy Deming College of Health Sciences Date: April 14, 2021 Staunton, Va. – Mary Baldwin University (MBU) today announced that Mr. and Mrs. William H. Goodwin, Jr. have pledged $5 million to support the expansion of the Murphy Deming […]

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Celebrating International Civil Aviation Day

Posted on December 7, 2020

For original Shenandoah Valley Airport blog post click here. December 7, 2020 Today marks the 76th annual celebration of International Civil Aviation Day! Since 1996, the aviation industry has taken part in spreading worldwide awareness on December 7th about the importance of civil aviation for social and economic development. On a global scale, air transport […]

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