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Home News Top economic development projects

Top economic development projects

Published February 28, 2017 by Greg Kremer

Top 15 projects by investment

Company Location Business Type Employment Investment
(millions)
Dominion Virginia Power2 Greensville County Natural gas-fired power station E 44 $1,300.00
Iron Mountain Information Management LLC Prince William County Data center N 25 350.00
Microsoft Corp. Mecklenburg County Data center E 44 251.59
Merck and Co. Rockingham County Biopharmaceutical manufacturing expansion E 0 168.00
RagingWire Enterprise Solutions Inc.1,2 Loudoun County Data center E 0 160.00
General Dynamics Fairfax County HQ; Global aerospace and defense company E 25 138.00
Dollar Tree Inc. Chesapeake Headquarters for Fortune 200 discount retail company E 600 110.00
Niagara Bottling LLC Chesterfield County Water bottling and plastic bottle manufacturing N 76 95.44
Deschutes Brewery Roanoke Craft brewery N 108 85.00
Eldor Corp. S.p.A1 Botetourt County Ignition coil and other automotive component manufacturing N 350 75.20
MillerCoors LLC 1 Rockingham County Brewery expansion E 27 60.00
Radford Army Ammunition Plant Pulaski County Natural gas power and steam plant for ammunition manufacturer E 0 60.00
Peet’s Coffee & Tea Inc.1 Suffolk Food and beverage industry manufacturer N 135 58.80
Aldi U.S.1 Dinwiddie County Division headquarters and distribution center N 145 57.00
Polykon Manufacturing LLC1 Henrico County Chemical manufacturing for the cosmetics and pharmaceutical industries N 54 56.41

 1 Indicates foreign affiliation                2 Indicates non Virginia Economic Development Partnership-assisted project          E:expansion; N:new project; HQ: headquarters

Note: Projected employment at time of announcement. Includes only publicly announced projects in 2016.

Source: Virginia Economic Development Partnership

Top 15 projects by projected employment

Company Location Business Type Investment
(millions)
Employment
ADP Norfolk Human resources management software and services N $32.25 1,800
Geico Corp. Stafford County IT and call center for car insurance company E 1.17 798
JK Moving & Storage Loudoun County HQ; Moving, storage and relocation company E 19.00 751
CoStar Group Richmond Research and software development center for real estate information and analytics firm N 8.17 732
Dollar Tree Inc. Chesapeake Headquarters for Fortune 200 discount retail company E 110.00 600
Excella Consulting Arlington County IT consulting services E 0.20 538
Frontier Secure Wise County Call center for telecommunications provider N 0.00 500
Notarize Inc. Arlington County Online notarization company E 0.50 454
ADP Norfolk Back office operations E 0.00 400
Geico Corp. Virginia Beach IT and call center for car insurance company E 0.56 390
Applied Predictive Technologies Arlington County Business data analytics E 0.00 368
Eldor Corporation S.p.A1 Botetourt County Ignition coil and other automotive component manufacturing N 75.20 350
Grant Thornton LLP1 Arlington County Accounting and other professional services E 15.75 348
CACI International Inc.2 Fairfax County Systems integration and software development E 0.00 344
Collaborative Solutions LLC Fairfax County HQ; IT management consulting firm E 0.15 344

1 Indicates foreign affiliation        2 Indicates non Virginia Economic Development Partnership-assisted project   

N: new projects; E: expansion; HQ: headquarters

Note: Projected employment at time of announcement. Includes only publicly announced projects in 2016.

Source: Virginia Economic Development Partnership.

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