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Norfolk tech startup plans $1M expansion
Magazine Jukebox to move into office space, create 20 jobs
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.
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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
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.
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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
SWVA child care initiative receives $1.24M grant
Governor approved grant to fill early education positions
Published
The New River/Mount Rogers Workforce Development Board will receive $1.24 million in grant funding for Ready SWVA, a child care initiative launched by United Way of Southwest Virginia, Gov. Glenn
M S International to open $61.6M Suffolk distribution center
California flooring, tile, countertops supplier expected to create 80 jobs
Published
M S International Inc. (MSI), a California-based flooring, countertop, wall tile and hardscaping products supplier, will invest $61.6 million to establish its East Coast distribution facility in Suffolk, a project