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Big Deals: Virginia lands billions in new business investments
Jul 29, 2025

Big Deals: Virginia lands billions in new business investments

Anticipated to create at least 100 jobs apiece, these economic development announcements were some of the largest in Virginia in 2024 and 2025. CENTRAL VIRGINIA Goochland County: Washington-based retail giant Amazon.com announced plans in May to build its fourth Virginia robotics fulfillment center, which will involve a $500 mil[...]

Jul 30, 2024

Top 10 commodities

Big deals
Jul 30, 2024

Big deals

These economic development announcements were some of the largest in Virginia for 2023 and the first half of 2024: CENTRAL VIRGINIA Chesterfield County: In April, the offices of U.S. Sens. Tim Kaine and Mark Warner and U.S. Rep. Jennifer McClellan announced that Danish electrolyzer manufacturer Topsoe plans to build a $400 milli[...]

Jul 30, 2024

Virginia’s rankings

#1 Top States for Business CNBC #1 Education CNBC #1 Customized workforce training Business Facilities #3 infrastructure CNBC #3 Best business climate Business Facilities #3 Tech talent pipeline Business Facilities #3 Artificial intelligence CNBC #5 Business friendliness CNBC #16 Best state to start a small business in 2024 Forbes Advisor #24 cost of doing business […]

Virginia’s Fortune 500 companies
Jul 30, 2024

Virginia’s Fortune 500 companies

This year, 24 Virginia companies made Fortune magazine’s 70th annual Fortune 500 list, which ranks the nation’s largest corporations by total revenue. Several companies’ fortunes rose, with top-ranked Virginia company Freddie Mac moving up nine spots to No. 36 on the overall Fortune 500, posting $108.05 billion[...]

Va. lands back on top in CNBC survey
Jul 30, 2024

Va. lands back on top in CNBC survey

After downplaying his Democratic predecessor’s consecutive wins in CNBC’s America’s Top States for Business study, Gov. Glenn Youngkin found himself as Virginia’s top cheerleader on CNBC July 11, playing the commonwealth regained its crown as No. 1. With this year’s win, the state has been named the[...]

Jul 28, 2022

Virginia’s Fortune 500 companies

Virginia continues to perform well on the Fortune 500, with 21 companies from the commonwealth making the 2022 list, which ranks the 500 largest publicly traded companies in the United States by total revenue. Mortgage finance company Federal Home Loan Mortgage Corp. (“Freddie Mac”) once again topped Virginia’s list of Fortune 500 companies. With $65.89 […]

During a June 15, 2022, news conference at the Science Museum of Virginia in Richmond, Gov. Glenn Youngkin announced that the Lego Group plans to build a $1 billion toy factory in Chesterfield County. Cover rendering courtesy Lego Group; Youngkin photo by Shaban Athuman/AP Images
Jul 28, 2022

Youngkin, CNBC see room for growth in Va.

In July, Virginia ceded the top spot in CNBC’s America’s Top States for Business rankings to neighboring North Carolina, with Virginia taking third place in the annual list. Virginia had previously held the No. 1 slot for a record-breaking two years — a feat no other state has matched in the coveted award’s 1[...]

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