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Youngkin announces $8.1M in GO Virginia grants
17 projects include funding to study small modular reactors
A variety of projects around the state intended to spur economic and workforce development will get a boost from $8.1 million in state GO Virginia grants, Gov. Glenn Youngkin announced
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Norfolk tech startup plans $1M expansion
Magazine Jukebox to move into office space, create 20 jobs
Published
Norfolk-based digital magazine startup Magazine Jukebox Inc. (MJB) will invest $1 million to expand, moving from a coworking space into an office, and will create an estimated 20 jobs. Gov.
The 2023 Heavy Hitters list
Virginia’s 50 most powerful and influential execs
Published
Virginia Business’ annual list of the commonwealth’s 50 most powerful and influential leaders provides our editors’ take on the heaviest-hitting of heavyweights in business, government, nonprofits and higher education. Think
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Danville pharma startup announces $6.1M expansion
Engineered BioPharmaceuticals to create 34 jobs
Published
Danville-based pharmaceutical engineering and manufacturing company Engineered BioPharmaceuticals Inc. will invest $6.1 million to expand from a business incubator into its first standalone manufacturing space, Gov. Glenn Youngkin announced Wednesday.
21 Va. industrial sites awarded $90M for development
Chesterfield, Henry counties get $47M in grants
Published
Virginia Gov. Glenn Youngkin announced $90 million in grants for the development of 21 industrial sites across the state Monday, helping localities get shovel-ready for big economic development projects. The
10 Va. companies graduate VEDP export program
VALET program for international exports has 350 graduates
Published
Ten Virginia companies are the latest to graduate from the Virginia Economic Development Partnership’s Virginia Leaders in Export Trade (VALET) program, which helps companies work on international export growth strategies,
Fertility testing startup to establish $1.4M Albemarle HQ
PS-Fertility Inc. expects to create 31 jobs
Published
Life sciences startup PS-Fertility Inc. will invest $1.4 million to establish its headquarters and operations in Albemarle County and plans to create 31 jobs, Gov. Glenn Youngkin announced Wednesday. PS-Fertility
NY textiles company to buy Patrick County HanesBrands facility
Apex Mills will retain 96 jobs, create 44
Published
New York-based specialty textile manufacturer Apex Mills Corp. will invest $3.1 million to acquire the former HanesBrands facility in Patrick County, along with the plant’s equipment. The acquisition will retain
Manufacturer plans $40.2M expansion in Floyd
Hollingsworth & Vose expected to add 25 jobs
Published
Massachusetts-based advanced materials manufacturer Hollingsworth & Vose will invest $40.2 million to expand its Floyd County operation, a project expected to create 25 jobs, Gov. Glenn Youngkin announced Tuesday. H&V
Crowded out
Elections overshadow 2023 state legislative agenda
Published
Election years are not the time to make waves in Virginia’s legislature, says Greg Habeeb, a former Roanoke delegate who now advises clients pursuing legislation in the General Assembly. Big