SVP NEWS


Governor Northam Announces Industrial Hemp Company to Locate in Rockingham County

Posted on December 28, 2020

Pure Shenandoah to create 24 new jobs, source all hemp from Virginia Date: December 28, 2020 RICHMOND—Governor Ralph Northam today announced that Shenandoah Valley Hemp, LLC dba Pure Shenandoah will invest nearly $3.3 million to establish an industrial hemp fiber processing and cannabidiol (CBD) oil extraction facility in the historic Casey Jones building in the […]

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SVP Virtual Winter Economic Development Forum

Posted on December 17, 2020

On December 15, 2020, investors and partners joined Team SVP for a virtual event streamed live from White’s Travel Center in Rockbridge County to: Learn about new infrastructure at White’s Travel Center and how this operation is essential to the transportation and logistics industry in the Shenandoah Valley; Hear from strategic partners on initiatives to […]

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Amazon Confirms Lease in Waynesboro

Posted on December 9, 2020

Delivery Station Planned Date: December 9, 2020 Amazon confirmed earlier today that it has leased the former Kmart at 2712 West Main Street to operate as a Delivery Station opening sometime in 2021. “The addition of the Amazon Delivery Station to the Waynesboro economy is encouraging for our city and citizens. 2020 has been challenging […]

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Governor Northam Announces International Automotive Components Group to Expand in Shenandoah County, Creating 47 New Jobs

Posted on December 7, 2020

Company to invest $4.6 million, add new manufacturing lines Date: December 7, 2020 RICHMOND—Governor Ralph Northam today announced that International Automotive Components Group (IAC Group), a global supplier of automotive components and systems, will invest $4.6 million to expand its manufacturing operation in the Town of Strasburg and add new auto component lines and products […]

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Governor Northam Announces Shenandoah Valley Organic to Create 110 New Jobs in Harrisonburg

Posted on November 24, 2020

Company to expand production capabilities with new 75,000-square-foot facility FOR IMMEDIATE RELEASE · November 24, 2020 Office of the Governor Contact: Alena Yarmosky Email: Alena.Yarmosky@governor.virginia.gov Virginia Economic Development Partnership Contact: Suzanne Clark Email: sclark@vedp.org Shenandoah Valley Organic Contact: Kathryn Tuttle Email: Kathryn.Tuttle@farmerfocus.com RICHMOND—Governor Ralph Northam today announced that Shenandoah Valley Organic (SVO), a family-owned organic […]

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Governor Northam Announces Dynamic Aviation to Create 207 New Jobs in Rockingham County

Posted on November 19, 2020

Company will invest $47.9 million in expansion Date: November 19, 2020 RICHMOND—Governor Ralph Northam today announced that Dynamic Aviation, a leading provider of special-mission aviation solutions for government and commercial organizations worldwide, will invest $47.9 million to expand its operation in Rockingham County. The company will establish a new 13,000-square-foot facility for office space and […]

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Case Study – Three Virginia Locations Serve Speyside Bourbon Cooperage

Posted on October 27, 2020

Case Study by: Virginia Economic Development Partnership Speyside Bourbon Cooperage, Inc. is an offspring of Speyside Cooperage Ltd., founded in Scotland in 1947. In 2008 Speyside Cooperage was sold to the Tonnellerie François Frères Group, a global cooperage company founded in 1906 and headquartered in Saint Romain, France. As of 2015, the company maintained two cooperages in […]

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Case Study – The Hershey Company Produces Sweet Success in Virginia

Posted on October 27, 2020

Case Study by: Virginia Economic Development Partnership The Hershey Company is North America’s leading chocolate producer and a global snacks company. In 2019, the company celebrated the 125th anniversary of producing its iconic brands, including Hershey’s, Reese’s, Kit Kat, Jolly Rancher, Ice Breakers, SkinnyPop, and Pirate’s Booty. Hershey established Hershey Chocolate of Virginia, Inc. in Augusta County in 1980. The Stuarts Draft plant […]

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SVP Virtual Fall Economic Development Forum

Posted on October 19, 2020

On October 13, 2020, investors and partners joined Team SVP for a virtual event streamed live from The Highland Center to: Hear from Highland County community leaders and partners on programs that accelerate the development of small businesses and non-profits; tourism-focused initiatives; and efforts to attract both visitors and residents; Learn about efforts to expand […]

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GO Virginia Approves Grant for Small Business Resiliency Teams

Posted on October 12, 2020

SBDCs launch COVID-19 recovery initiative to promote economic stability, sustainability, and growth. Date: October 12, 2010 SV SBDC Contact: Joyce Krech, (540)568-3227, krechjh@jmu.edu LF SBDC Contact: Christine Kriz, (540)868-7094, ckriz@lfcc.edu The GO Virginia State board has approved an $81,813 grant proposal submitted by a regional partnership between Harrisonburg Economic Development, Frederick County Economic Development, Shenandoah […]

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