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 […]
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 […]
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 […]
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 […]
ROCKINGHAM COUNTY, Va. (WHSV) – One of the most famous travel centers in the country is coming to Rockingham County. The excitement around Buc-ee’s has been stirring for months and Tuesday ground was officially broken. The 74,000-square-foot building will be filled with beef jerky, brisket, Beaver Nuggets and the world’s cleanest bathrooms. “This is a […]
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 […]
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 […]
Leiber to invest up to $20 million in Rockingham County facility, creating 35 new jobs September 18, 2023 RICHMOND, VA – Governor Glenn Youngkin today announced that Leiber, a German manufacturer that processes brewers’ yeast into animal nutrition, biotechnology, and nutraceutical products, will invest up to $20 million to establish its first U.S. operation in Innovation […]
SVP’s Lead Generation Committee heard a presentation from new Valley Internship Experience Workgroup (VIEW) Project Coordinator Mary Sullivan at our August meeting. Mary shared the ways in which the Region 8 VIEW collaborative and Virginia Talent and Opportunities Pathways (VTOP) work with local businesses to facilitate and support internships and co-ops. VTOP was enacted by […]
SVP ANNUAL MEETING The 2023 SVP Annual Meeting was held at Shenandoah Valley Electric Cooperative on July 28, 2023 with more than 100 investors in attendance. SVP Executive Director Jay A. Langston, Ph.D., discussed highlights from the 2022-2023 fiscal year and outlined the strategy for the new fiscal year which began July 1, 2023. View […]
