Virginia Business Headlines for Month
- Medical cannabis operator with facility in Manchester to be acquired in $240M deal
- Dominion files construction, operations plan for $7.8B offshore wind farm
- Dominion announces construction has begun on offshore wind vessel
- DHL Supply Chain to create 577 jobs in Stafford County
- Kitty Hawk offshore wind project to create 600 jobs in Hampton Roads area
- Amazon announces investment in two more solar farms in Halifax County
- Spotify completes $235M acquisition of Reston-based Megaphone
- Leidos to acquire 1901 Group for $215M
- eHealth Technologies creating 160 jobs in Scott County
- Dominion, Smithfield complete first renewable gas project in Utah
- Caesars delivers $15 million payment to city of Danville
- Unmanned aircraft company creating 249 jobs in Warren County
- Northrop Grumman to sell IT, mission support biz for $3.4B
- Auto component supplier announces $4.6M Strasburg expansion
- Volvo electric trucks to be produced at NRV plant in early 2021
- Arlington-based blank check company raises $300M in IPO
- Grayson County food manufacturer announces $1.5M expansion
- Intelsat closes $400M cash deal for commercial aviation business
Virginia Economy, Government & Education Headlines for Month
- Northam commits additional $20M to economic recovery fund
- Northam orders companies held temporarily harmless for pandemic layoffs
- Va. home sales up by 30% in November
- State’s Rebuild VA program allocated $100M to Va. small businesses
- Amherst County disburses $450K to 48 local small businesses
- Va. employment may not fully recover until 2023 to 2025
- VCU expects a financial loss of at least $75 million during spring semester