SVP NEWS


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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Governor Glenn Youngkin Announces Grants to Support Local Food Production

Posted on March 11, 2025

RICHMOND, VA – Governor Glenn Youngkin announced today the latest round of awards from the Governor’s Agriculture and Forestry Industries Development (AFID) Fund Infrastructure Grant program. A total of $264,000 in competitively awarded matching grants will support six new community infrastructure projects aimed at strengthening local food production and sustainable agriculture. These investments span six localities, […]

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Serioplast to Open Manufacturing Site in Shenandoah County

Posted on February 7, 2025

RICHMOND, VA – Governor Glenn Youngkin today announced that Serioplast, a global manufacturer of rigid plastic packaging, will invest $25,725,000 to occupy a 140,000-square-foot industrial facility in Shenandoah County. The company is headquartered in Seriate, Italy, and provides packaging for companies like Procter&Gamble, Unilever, Reckitt Benckiser, and more. The project will create 45 new jobs. “I am thrilled that Serioplast […]

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Highland Inn project gets $1.75 million boost

Posted on January 23, 2025

BY ANNE ADAMS • STAFF WRITER, THE RECORDER MONTEREY — The Highland Inn revitalization project got a huge shot in the arm late last week. Blue Grass Resource Center, the nonprofit that owns the inn, learned its application for grant funding was approved in the amount of $1,750,000 — one of the largest grants received […]

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AD Engineering to Expand Operations in Shenandoah County

Posted on November 11, 2024

RICHMOND, VA — (November 7, 2024) Governor Glenn Youngkin today announced that AD Engineering, a small, women, and minority-owned company (SWAM) that manufactures insulated copper linesets, coils, and mini splits for HVAC equipment, will invest $1.21 million to expand its operations in Shenandoah County. The project will create 25 new jobs.  “AD Engineering’s expansion in Shenandoah […]

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Shamrock Farms to Invest $59 Million in Augusta County Expansion

Posted on October 21, 2024

Dairy product manufacturer to add 28 new jobs in conjunction with their 10th anniversary of operation in Virginia   RICHMOND, VA — Governor Glenn Youngkin today announced that Shamrock Farms, a leading dairy product manufacturer, will invest $59 million to expand its manufacturing operation in Augusta County. The project will create 28 new jobs and add 81,000 square […]

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Waynesboro Receives 2024 Excellence in Economic Development Gold and Bronze Awards from IEDC

Posted on September 9, 2024

Waynesboro, VA – Waynesboro Economic Development received two 2024 Excellence in Economic Development Awards, gold and bronze, from the International Economic Development Council (IEDC). The gold award was earned specifically for the Grow Waynesboro Main & Wayne program in the Entrepreneurial & Small Business Development category. Additionally, the innovative ‘Mug Mailing’ business attraction initiative received […]

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SVP Virtual Economic Development Forum Featuring Bath County

Posted on July 10, 2024

Famous for its mineral springs and the Omni Homestead Resort, Bath County has a small population with big surprises and abundant hospitality. Douthat State Park’s cabins and lakefront beaches attract campers, hikers, boaters, cyclists, and cross country skiers in year round outdoor play, while the Garth Newel Music Center hosts more than sixty classical chamber music concerts a year, along […]

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City of Buena Vista Receives Industrial Revitalization Funds

Posted on April 15, 2024

RICHMOND, VA – Governor Glenn Youngkin today announced over $10 million for seven Industrial Revitalization Fund (IRF) grants for the cities of Buena Vista, Martinsville and Petersburg, and the towns of Blackstone, Halifax, Lawrenceville and Wytheville. The seven awarded projects will create over 330 jobs and 87 new housing units, as well as leverage an additional […]

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Cities of Harrisonburg and Waynesboro Receive Community Economic Development (CEDA) Awards

Posted on March 20, 2024

Charlottesville, Virginia (March 14, 2024) — Virginia Economic Developers Association (VEDA) awarded its 2024 Community Economic Development Awards (CEDA) to six communities in the Commonwealth for initiatives that advance economic viability through economic and community development programs. The CEDA program recognizes best practices and exceptional contributions for the following efforts: business retention and expansion, business […]

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