SVP NEWS


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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Thermal Management Solutions Leader Modine to Expand in Virginia

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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Northrop Grumman to Establish a New Advanced Electronics Manufacturing and Testing Facility in Virginia

Posted on November 14, 2023

RICHMOND, VA — Governor Glenn Youngkin today announced that Northrop Grumman Corporation (NYSE: NOC), a global aerospace and defense technology company, will invest more than $200 million to establish a new advanced electronics manufacturing and testing facility in the City of Waynesboro, where more than 300 jobs will be created during the next five years as the state-of-the-art […]

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Governor Youngkin Announces Amazon to Create 500 New Jobs in Augusta County

Posted on February 23, 2022

Governor Youngkin Announces Amazon to Create 500 New Jobs in Augusta County. New 1 million-square-foot non-sortable fulfillment center will pick, pack, and ship larger-sized customer items. Date: February 23, 2022 RICHMOND, VIRGINIA – Governor Glenn Youngkin today announced that Amazon will launch a new 1 million-square-foot non-sortable fulfillment center in Augusta County. The facility at 32 […]

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Governor Northam Announces Italian Cured Meats Producer to Establish First U.S. Operation in Virginia

Posted on September 30, 2021

Veronesi Holding S.p.A. to invest in new production facility in Rockingham County, creating more than 150 new jobs over the next four years Date: September 30, 2021 RICHMOND—Governor Ralph Northam today announced that Italy-based Veronesi Holding S.p.A., a leading manufacturer and producer of cured meats, will establish its first U.S. production operation. This investment in […]

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Governor Northam Announces Plastic Company to Expand in Rockingham County, Creating 92 New Jobs

Posted on September 23, 2021

Virginia Industrial Plastics to invest more than $6.5 million to increase production Date: September 23, 2021 RICHMOND—Governor Ralph Northam today announced that Virginia Industrial Plastics, Inc., a plastic thermoforming and fabrication company, plans to invest more than $6.5 million to expand its manufacturing facility in Rockingham County. This project will create 92 new jobs. “Virginia […]

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Governor Northam Announces CAVA to Establish Production and Packaging Operation in Augusta County

Posted on September 9, 2021

Restaurant chain to invest over $30 million, create more than 50 jobs Date: September 9, 2021 RICHMOND—Governor Ralph Northam today announced that CAVA, a Washington, D.C.-based fast-casual Mediterranean restaurant chain, will invest over $30 million to establish a new processing and packaging operation in Augusta County. The company will construct a 57,000-square-foot facility in Mill […]

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Governor Northam Announces Plastic Manufacturer to Establish U.S. Corporate Headquarters in Harrisonburg

Posted on May 27, 2021

SIBO GROUP to invest $2.6 million in new operation, creating 24 new jobs For Immediate Release: May 27, 2021 Office of the Governor Contact: Alena Yarmosky Email: Alena.Yarmosky@governor.virginia.gov Virginia Economic Development Partnership Contact: Suzanne Clark Email: sclark@vedp.org SIBO GROUP Contact: Alex Radojcic Email: alex.rad@sibo-usa.com RICHMOND—Governor Ralph Northam today announced that SIBO GROUP, a Slovenia-based manufacturer […]

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Governor Northam Announces Thermal Systems Manufacturer to Establish Operation in Rockbridge County, Creating 60 New Jobs

Posted on April 29, 2021

Modine Manufacturing Company to invest $7 million to expand manufacturing of data center cooling solutions Date: April 29, 2021 RICHMOND—Governor Ralph Northam today announced that Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, will invest $7 million to establish a manufacturing facility in Rockbridge County. The company will […]

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Governor Northam Announces Textile-Based Engineering Firm to Expand in Staunton, Adding 31 New Jobs

Posted on April 16, 2021

Ryzing Technologies to invest $149,000 to increase capabilities Date: April 16, 2021 RICHMOND—Governor Ralph Northam today announced that Ryzing Technologies, LLC, a designer and manufacturer of textile-based engineering solutions, will invest $149,000 to expand capabilities at its facility in the City of Staunton. The company serves the U.S. military and allied forces, as well as […]

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