News

Governor McAuliffe Announces Decrease in Commonwealth’s Unemployment Rate
Governor Terry McAuliffe announced today that Virginia’s seasonally adjusted unemployment rate was down 0.1 percentage point in December to 4.1 percent. Compared to one year ago, the seasonally adjusted employment rate was also down 0.1 percentage
Governor McAuliffe Announces IT Provider to Create up to 1,200 New Jobs in Fairfax County
Governor Terry McAuliffe today announced that Favor TechConsulting, LLC (FTC), a leading provider of IT solutions to the federal government, will invest $1.65 million to expand in Virginia and establish its principal headquarters in Fairfax County.
Governor McAuliffe Announces Virginia Companies Increase International Sales through Commonwealth’s Premier Exporting Program
Governor Terry McAuliffe today announced that nine companies from across the Commonwealth have graduated from the Virginia Economic Development Partnership’s (VEDP) Virginia Leaders in Export Trade (VALET) Program, touting impressive results from
Governor McAuliffe Announces 1,400 New Jobs in Frederick County
Governor Terry McAuliffe this evening announced during his State of the Commonwealth Address that Navy Federal Credit Union will invest $100 million to expand its Winchester operations center in Frederick County. The project will nearly double Navy
Governor McAuliffe Announces New Corporate Headquarters in Fairfax County
Governor Terry McAuliffe today announced that All Traffic Solutions (ATS), the leader in cloud-based traffic management solutions for law enforcement, transportation and smart cities, has invested more than $100,000 to establish its corporate
Governor McAuliffe Announces Education and Workforce Legislation at Virginia Tech
Governor Terry McAuliffe today announced a series of legislative proposals aimed at building the new Virginia economy by expanding education opportunities and strengthening workforce development. The Governor was joined by Secretary of Education
Governor McAuliffe Announces Fourth Consecutive Month of Virginia Labor Force Increase
Governor Terry McAuliffe announced today that Virginia’s labor force expanded for the fourth consecutive month to 4,261,091, up nearly 13,800 in November, setting a new record high for the Commonwealth. Household employment also rose by nearly
Governor McAuliffe Announces 38 New Jobs in Botetourt County
Governor Terry McAuliffe today announced that Canatal Steel USA, a subsidiary of Canada-based Canatal Industries and a producer of steel structure fabrication, will invest $1.5 million to expand its manufacturing operation in Botetourt County. The
Governor McAuliffe Announces Spencer Devon Brewing Expansion in the City of Fredericksburg
Governor Terry McAuliffe today announced that Spencer Devon Brewing will invest more than $181,000 to expand its existing microbrewery in the City of Fredericksburg, creating a vibrant 2,500 square foot outdoor deck attracting visitors and area
Governor McAuliffe Announces 50 New Jobs in Henry County
Governor Terry McAuliffe today announced that Novatech Group, a leading Quebec manufacturer of doorglass, steel doors, patio doors, retractable screens, and insulated glass with or without blinds, will invest $3 million to establish its first U.S.
Governor McAuliffe Announces Legislation to Strengthen Virginia’s Economic Development Partnership
Governor Terry McAuliffe today announced that he will introduce legislation in the upcoming 2017 General Assembly session to strengthen oversight, accountability and management at the Virginia Economic Development Partnership (VEDP).
Governor McAuliffe Announces Peet’s Coffee to Invest $58 Million and Create 135 New Jobs in the City of Suffolk
Governor Terry McAuliffe today announced that Peet’s Coffee®, the original craft coffee brand celebrating its 50th anniversary, will invest $58 million to establish an East Coast manufacturing operation in the City of Suffolk. The company will build
Governor McAuliffe Announces $1 Million Expansion by Lydia Mountain Lodge in Greene County
Governor Terry McAuliffe today announced that Lydia Mountain Lodge & Log Cabins will invest $1 million to expand its existing operation in Stanardsville. The project is projected to create a tax benefit of more than $38,000 in its first full year of
Governor McAuliffe Announces Virginia Affordable Pathways Partnership Grants
Governor Terry McAuliffe today announced the first five recipients of the Virginia Affordable Pathways Partnership Grants, a program that aims to provide Virginia students with a clearer path to higher education. The Governor first announced this
Governor McAuliffe Announces $30 Million Investment in Frederick County
Governor Terry McAuliffe today announced that American Woodmark Corporation, a major manufacturer of quality kitchen and bath cabinets for the home, will invest $30 million to consolidate headquarters operations in Frederick County. Virginia
Governor McAuliffe Announces New $6 Million Grant for Job Training Initiatives in Southwest Virginia
Governor Terry McAuliffe today announced that a consortium of workforce development partners, including local workforce boards, public and private education and workforce training providers, and not-for-profits, has received a $6 million America’s
Governor McAuliffe Announces New Exports to Chile and Costa Rica for Virginia Manufacturer
Governor Terry McAuliffe today announced that Grandwatt Electric Corporation, a Suffolk-based manufacturer, has made sales to distributors in Chile and Costa Rica as a result of its participation in the Virginia Economic Development Partnership’s
Governor McAuliffe Statement on the Selection of Stephen Moret as President and CEO of Virginia Economic Development Partnership
Governor Terry McAuliffe released the following statement today following the selection of Stephen Moret as President and CEO of Virginia Economic Development Partnership:
Governor McAuliffe Announces New Cybersecurity Partnership with Government of Victoria, Australia
Governor Terry McAuliffe today announced the signing of a Memorandum of Understanding (MOU) between the Government of Victoria, Australia and the Virginia Economic Development Partnership (VEDP) for comprehensive collaboration on
Governor McAuliffe Announces Third Consecutive Month of Virginia Labor Force Increase
Governor Terry McAuliffe today announced that Virginia’s nonfarm payroll employment increased by 4,900 jobs in October, up 67,300 jobs from October of 2015. Since the beginning of the McAuliffe administration, Virginia has created 182,100 net new

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