SVP NEWS
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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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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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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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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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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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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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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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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Posted on March 7, 2024
Ryan Fitzmaurice, The Northern Virginia Daily March 6, 2024 Logan’s Sausage Company, a growing family business out of Alexandria, is expanding its operations to Strasburg. The company agreed in October to a $500,000 purchase of just under 25 acres within the Northern Shenandoah Business Park to construct a food manufacturing facility. The company produces more […]
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Posted on March 7, 2024
RICHMOND, VA – (March 5, 2024) Governor Glenn Youngkin today announced that Modine, a diversified global leader in innovative thermal management solutions, will invest $18.1 million to expand its Rockbridge County operation to increase capacity for the production of data center cooling equipment. The project will create 211 new jobs. “Virginia continues to be the epicenter for […]
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