Business Announcements | Virginia's New River Valley

1901 Group Officially Breaks Ground on Blacksburg Expansion

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August 14, 2019

Blacksburg, VA – 1901 Group, the Virginia Tech Corporate Research…

BimmerWorld to Invest $1 Million Expansion

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July 26, 2019

<>Richmond, VA — Governor Ralph Northam today announced…

Volvo Group to Create 777 New Jobs in Pulaski County Expansion

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June 28, 2019

Company to invest nearly $400 million to expand heavy-duty truck…

Ozmo to Add 40 Jobs in Montgomery County

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May 20, 2019

RICHMOND—Governor Ralph Northam today announced that Ozmo,…

Project Wing Delivery, First Commercial Drone Delivery in US

NRV to Be Home of First Commercial Drone Deliveries in US

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April 24, 2019

VIRGINIA'S NEW RIVER VALLEY -- Blacksburg and Christiansburg…

Thomas Industrial Fabrication Relocating to Floyd County, Bringing 28 jobs

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April 19, 2019

April 17, 2019 -- Floyd, Virginia: Floyd County today announced…

1901 Group Adds 580 Jobs in Blacksburg

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November 15, 2018

RICHMOND — Governor Ralph Northam today announced that 1901…

JBR Vineyards & Winery Opens New Tasting Room

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May 30, 2018

~ JBR Tasting Room Now Open! ~ FROM GILES COUNTY, VA - Tucked…

Mahindra Group Expands to the NRV in the VT Corporate Research Center

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May 2, 2018

BLACKSBURG, VA - Mahindra Group, one of the world's largest farm…

Crenshaw Lighting Expands VIrginia's New River Valley

Crenshaw Lighting Expanding in Floyd County

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April 17, 2018

FROM FLOYD COUNTY, VA - Floyd County today announced that Crenshaw…

Aeroprobe Corporation Commercializes MELD Technology

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April 16, 2018

~Machine sales and manufacturing services will be managed by…

Governor Northam Announces 60 New Jobs in Giles County

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February 14, 2018

~Cogar Manufacturing to invest $2.5 million to relocate and expand…

Chartio to Expand to Blacksburg

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January 26, 2018

BLACKSBURG, VA - Chartio, a cloud-based data company out of San…

Governor McAuliffe Announces 83 New Jobs in Giles County

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January 5, 2018

~ Interstate Group LLC to invest $4.1 million to establish East…

JBR Vineyards to Open New Farm Winery in Giles County

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December 21, 2017

RICHMOND, VA - Governor Terry McAuliffe today announced that…

Governor McAuliffe Announces 40 New Jobs in Pulaski County

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September 8, 2017

Governor McAuliffe's office released the following press release…

The Port of Virginia Awards Hubbell Lighting, Inc. and Wolverine Advanced Materials $406,500 in Grant Money

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August 28, 2017

Two companies in Montgomery County were awarded a total of $406,500…

Business Announcements Inmotion Ribbon Cutting

Governor McAuliffe Announces Spectrum Brands to Retrain Employees in Montgomery County

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April 19, 2017

RICHMOND– Governor Terry McAuliffe today announced that Spectrum Brands, Inc., a global consumer products company offering an expanding portfolio of leading brands, is investing $7.28 million over the next couple years in its Montgomery County operation to purchase equipment and upgrade its production processes. Spectrum Brands will receive funding from the Virginia Jobs Investment Program (VJIP) to support the retraining of existing employees on the new machinery.

Governor McAuliffe Announces Grupo Phoenix to Create 145 New Jobs in Pulaski County

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April 12, 2017

PULASKI – Governor Terry McAuliffe today announced that Grupo Phoenix, a manufacturer of rigid packaging containers for the global food and beverage industry, will invest $48.7 million to expand its subsidiary manufacturing operation, Phoenix Packaging Operations, LLC, in Pulaski County. Virginia successfully competed against Arizona and Mexico for the project, which will create 145 new jobs. Governor McAuliffe and other Virginia officials met with the Grupo Phoenix leadership during an August 2016 trade and marketing mission to Colombia. Grupo Phoenix established its first U.S. manufacturing facility in Pulaski County in 2010. This project represents the company’s third expansion, bringing its investment in the operation to $106.2 million and a total of 585 new jobs.

NRV a top 30 "Leading Location" for new and expanding businesses

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June 15, 2016

New River Valley, VA – The New River Valley is one of the hottest places in America for new and expanding business, according to Area Development. The magazine recently released its ranking of the top 100 Leading Locations in the U.S. for 2016. The Blacksburg-Christiansburg-Radford metropolitan statistical area (MSA), encompassing the entire New River Valley, ranked No. 30 overall and No. 12 among mid-sized metros with populations between 160,000 to 600,000. The New River Valley was one of only two metros in Virginia designated a Leading Location. Richmond, VA made the list at No. 68 overall.