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Breaking rank
What a difference a year makes. On July 13, 2021, against a backdrop of ships blasting their horns and spraying water in celebration at the Port of Virginia’s Norfolk International Terminals, Gov. Ralph Northam sat for a harborside interview with CNBC, which had just named Virginia the nation’s best state for business for an unprecedented
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Youngkin, CNBC see room for growth in Va.
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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 15-year history.
Richmond’s Maymont wins $8M tourism grant
Federal funding goes to travel, outdoor recreation
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Updated July 20, 2022 Maymont Foundation, which maintains and runs Richmond’s Maymont park, was awarded an $8 million federal grant Tuesday to promote regional tourism, the U.S. Department of Commerce’s Economic Development Administration announced. With an additional $2 million in matching funds from the foundation, the EDA grant will be used for infrastructure improvements to
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Balancing act
Divided legislature leads to compromise, tension
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The Virginia General Assembly returned to a familiar configuration in 2022, legislating with a Republican-majority House of Delegates and Democratic-controlled Virginia Senate for the seventh time since 2000. But while the partisan split was old hat, much else about the session was new, taking place two years into the global COVID-19 pandemic and occurring after
Coffee roaster to invest $29M to expand Suffolk facility
Massimo Zanetti Beverage USA expansion expected to create 79 jobs
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Massimo Zanetti Beverage USA, the North American operating unit of the Italian coffee roaster Zanetti Beverage Group, will invest $29.1 million to consolidate and expand operations at its Suffolk roasting facility, a project expected to create 79 jobs, Gov. Glenn Youngkin announced Monday. “Massimo Zanetti Beverage USA’s continued expansion in Virginia speaks volumes about the
Hanley Energy to add 343 jobs in Ashburn
Irish energy management company launching $8M expansion
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Irish energy management company Hanley Energy will invest $8 million to expand its Hanley Energy Electrical division in Loudoun County, a project expected to create 343 jobs, Gov. Glenn Youngkin announced Thursday. Hanley Energy will open a facility at 44381 Russell Branch Parkway to serve the data center market in Ashburn with equipment installation and
Lego to build $1B factory in Chesterfield
Meadowville Technology Park facility will employ 1,760+ workers
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It’s highly unlikely that it will be built from brightly colored plastic bricks, but the Lego Group will be bringing a $1 billion toy manufacturing plant to Chesterfield County’s Meadowville Technology Park, creating more than 1,760 jobs, the company and Virginia Gov. Glenn Youngkin announced Wednesday during a press conference at the Science Museum of
Boeing partners with Va. Tech on veterans’ center
Will be located in $1B Innovation Campus
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When Virginia Tech’s $1 billion Innovation Campus opens in Alexandria in 2024, it will include a hub to connect veterans and their families with career resources and employment opportunities. It will also carry the name of one of the commonwealth’s largest defense contractors, The Boeing Co. The Boeing Center for Veteran Transition and Military Families,
Gee appointed permanent director of Va. Lottery
She served as acting director since January
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Gov. Glenn Youngkin announced Friday he has appointed Kelly T. Gee as permanent executive director of the Virginia Lottery, after she served as acting director since January. When she joined the agency in 2018, Gee served as manager of government relations, where she was responsible for managing legislative outreach efforts. She assumed the permanent position
Derivatives exchange company to create 37 jobs in Fairfax
Nodal Exchange will invest $300,000 to expand Tysons HQ
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Tysons-based derivatives exchange company Nodal Exchange will invest $300,000 to expand its Fairfax County headquarters, creating 37 jobs, Gov. Glenn Youngkin announced Thursday. The company will increase capacity at its headquarters, located at 1921 Gallows Road in Tysons. “Nodal Exchange offers the largest suite of power and environmental contracts in the world, and we are