Carroll County-based screen-printed apparel manufacturer's expansion will create 118 jobs
Carroll County-based screen-printed apparel manufacturer Blue Ridge Designs LLC will invest $2.28 million to expand its operations, creating 118 jobs, Gov. Ralph Northam announced Wednesday. Blue Ridge Designs was established in January 2019 and manufactures screen-printed apparel with watercolor ink. Since January 2019, the company has purchased six presses and three dryers, hired 80 employees
Right-to-work backers say repeal would harm Virginia's economic development efforts
Buoyed by the Virginia legislature’s new Democratic majority, bills to repeal Virginia’s right-to-work laws have the greatest chance of making it to the governor’s desk in a generation, predict political scientists. “I think it absolutely will [get repealed], but it will be a big fight,” says Elsie Harper-Anderson, director of the Ph.D. program in public
The company is investing $1.4 million to expand its Herndon headquarters
Expel Inc., a managed cybersecurity provider, is investing $1.4 million to expand its Herndon headquarters, creating 164 jobs in engineering, customer experience, IT, marketing and sales during the next three years. “Virginia has emerged as a national leader in cybersecurity and continues to be at the forefront of workforce development in this rapidly evolving industry,
Fund is expected to catalyze more than $150 million in new community investments
Richmond-based LOCUS Impact Investing, a subsidiary of Virginia Community Capital, will manage a newly formed $33.1 million national guarantee pool to encourage community development, according to a press release Tuesday. The Community Investment Guarantee Pool has $33.1 million in unfunded guarantee commitments from the endowments of 10 philanthropic organizations, which help mitigate investment risks. The
GMAX Industries Inc. will invest $10.5 million, governor says.
A New York-based manufacturer of medical products is coming to the city of Franklin’s Pretlow Industrial Park, bringing 40 jobs and $10.5 million in investment, Gov. Ralph Northam announced Monday. GMAX Industries Inc., which produces disposable medical products for health care providers and components for other medical manufacturers, will create a manufacturing and distribution site
The grants are expected to connect about 36,000 households, mainly in rural areas.
The Virginia Telecommunication Initiative (VATI) will award more than $18.3 million in grants to 12 broadband expansion projects in the state, mainly in rural areas, Gov. Ralph Northam announced Wednesday. The grants are expected to connect about 36,000 households, according to a press release. The governor’s proposed 2020-21 budget adds $16 million to the $19
Globally sourced and distributed tea company will expand East Coast operations.
Rohnert Park, California-based wellness tea company Traditional Medicinals Inc. will invest $29.7 million to establish its East Coast operation, an herbal tea manufacturing and processing plant, in Franklin County’s Summit View Business Park, creating 56 jobs, Gov. Ralph Northam announced Tuesday. The company will build a 125,000-square-foot facility for production of its organic and herbal
The Patton Logistics Group serves clients in the U.S. and Canada.
Milton, Pennsylvania-based warehousing company The Patton Logistics Group will invest $12 million to establish a logistics and warehousing operation in the New River Valley Commerce Park in Pulaski County, creating 33 jobs, Gov. Ralph Northam announced Tuesday. Virginia competed with North Carolina for the project, which will create a hub for motor carrier freight services
Project would create 2,500+ jobs, tribe says.
Updated at 4 p.m. Friday The Pamunkey Indian Tribe has proposed a $350 million, 275-room resort hotel and casino in Richmond, the tribe announced Friday as the Virginia House of Delegates considers legislation to allow the Pamunkey to pursue commercial gaming in Norfolk and Richmond. The resort will include a four-diamond hotel tower with a
Jane Ferrara was formerly Richmond's senior deputy director for economic development
The Local Initiatives Support Corporation (LISC) has selected Jane Ferrara as executive director of LISC Virginia, a nonprofit organization that raises capital and creates programs to support community revitalization and economic development. Ferrara starts the new position Feb. 3. LISC has raised more than $32 million locally and has invested $639 million into Richmond-area housing,