Alabama

Owens Corning to place manufacturing facility in Prattville, Ala. 

Building products leader Owens Corning is constructing a new shingle manufacturing center in Prattville, located just north of Montgomery. The plant will have a production capacity of 6 million squares of laminate shingles per year and is expected to house 100 workers. The undisclosed investment is the largest single initial capital investment in Prattville’s history.

Meta to add $700 million more to Alabama data center project 

Meta plans an expansion of its data center project in Montgomery, Ala. The expansion will bring its Alabama capital region investment to $1.5 billion. Meta first announced an $800 million investment in April 2024. 

Georgia-Pacific to invest $800 million in Alabama River cellulose mill

Georgia-Pacific announced that it plans to invest $800 million to modernize, expand and streamline the production capabilities of the company’s Alabama River Cellulose mill, making the Monroe County facility the largest softwood pulp mill in the U.S.

California-based Glaukos breaks ground in Huntsville on $80 million plant

California-based Glaukos, a pharma that specializes in eye diseases, broke ground on a new 200,000-square-foot facility in Huntsville, Ala. The deal is expected to generate 150 new jobs. 

PDW opens high-tech drone factory in Alabama, eyes 500 jobs

Performance Drone Works (PDW), a fast-rising force in next-generation unmanned aircraft systems, officially opened Drone Factory 01 in August — a 90,000-square-foot manufacturing facility in Huntsville’s Redstone Arsenal that vastly expands the company’s production capacity and positions it to meet growing demand from U.S. and allied defense forces. The project, an investment of $81 million, is expected to create 500 new jobs. 

Arkansas

Merrill Steel locates new manufacturing facility in Osceola, Ark.

Merrill Steel, a leading steel fabrication company, has chosen Osceola in Mississippi County, Ark., as the location for its fourth manufacturing facility in the U.S. The new facility, which will be taking over the former Denso Manufacturing site, represents an investment of more than $32 million, and will create 108 new jobs over three years.

Google breaks ground on largest investment deal in Arkansas history

California-based Google broke ground on October 2 on its $4 billion data center in West Memphis. The project will focus on Google’s cloud and A.I. infrastructure. 

Nidec Motor to expand in Arkansas

Nidec Motor Corporation is expanding its existing facility in Mena, Ark. The manufacturer of electric motors is investing $19 million and adding 35 new jobs. 

CANTEX to locate in Nashville, Ark. 

The manufacturer of electrical conduit and fittings will invest $120 million in the deal that will generate 110 jobs. 

Amazon to establish operations in Little Rock

Amazon is locating a logistics operation in Little Rock. The new 930,000-square-foot facility will house 1,000 workers. 

Wayne-Sanderson Farms expanding in rural Arkansas

Poultry processor Wayne-Sanderson Farms has expanded its facilities in Danville, Ark., with a new feed mill. The $43 million project will increase feed production to more than 8,500 tons per week. 

Big deal from Welspun in Little Rock 

Welspun Tubular is investing $150 million in a new pipe mill in the capital city of Little Rock, Ark. The company will establish a new kind of submersible pipe at the plant. Three hundred new jobs will be created. 

Florida

Billion-dollar investment made in Northwest Florida

Williams International announced in early summer that it is locating a $1 billion, 1 million-square-foot facility in Okaloosa County, Fla. It is the largest investment by value in Florida Panhandle history. The manufacturer of turbine engines for aviation conducted a long site search before choosing Okaloosa County, Fort Walton and the Shoal River Industrial Park.  

From Gov. Ron DeSantis’ office: “Numerous state, regional, and local partners worked together to facilitate this major economic development success story for Northwest Florida. In 2022, Governor Ron DeSantis awarded $3.2 million through the Florida Job Growth Grant Fund to expand manufacturing in Okaloosa County. 

“FloridaCommerce partnered with several state and local organizations including CareerSource Florida, Florida’s Great Northwest, Space Florida, Okaloosa County, and Triumph Gulf Coast on this major economic development win for Florida.”

Big A.I. project lands in South Florida

California-based workflow automation firm ServiceNow is bringing 850 jobs to West Palm Beach. The company uses artificial intelligence to automate workflows for businesses and will use its A.I. Institute office in Palm Beach County as its regional
headquarters.

Israeli medical manufacturer to open HQ in Manatee County

Ossio, a manufacturer of metal-free implants, is opening its new headquarters and manufacturing facility in Manatee County, south of St. Petersburg, Fla. The deal is expected to result in 100 new jobs. 

Playboy to relocate HQ from Los Angeles to Miami Beach

The iconic Playboy brand is relocating its global headquarters from LA to Miami Beach. The company will locate at the top of a luxury office building and the facility will include studios, a restaurant and an exclusive Playboy Club. About 150 jobs are expected to be created. 

Chromalloy opens $30 million plant in Tampa Bay

Aerospace giant Chromalloy cut the ribbon on its new $30 million Belac Coatings plant in Oldsmar, Fla. The project will create 250 jobs. 

Comcast is expanding in Palm Beach

Global media and communications firm Comcast is generating 200 jobs in West Palm Beach. The company is investing nearly $6 million in the deal. 

Swiss software firm to establish new innovation hub in Orlando

Temenos, a software firm that sells its product to the financial services industry, is setting up shop in Orlando. The project will generate 50 jobs. 

Big aerospace deal in Jacksonville

Otto Aviation plans to build a new 850,000-square-foot manufacturing operation at Cecil Airport to assemble the company’s Phantom 3500 jet. The $430 million project is expected to produce almost 400 jobs. 

New HQ capture for Miami

The Swiss-based pharmaceutical firm, Galderma, is establishing its new U.S. headquarters in the Brickell neighborhood of Miami. The deal will generate 150 new jobs. 

Florida biotech invests $100 million 

Transpire Bio, a clinical-stage bio-pharmaceutical company, is investing $100 million with a new facility in Pembroke Pines. The project will create 200 jobs. 

Georgia

Gov. Kemp: Korean magnet facility to create more than 500 jobs in Columbus, Ga.

Governor Brian Kemp announced this past summer that JS Link America Inc., a wholly owned U.S. subsidiary of JS Link, intends to invest about $223 million to establish a new rare earth permanent magnet manufacturing facility in Columbus. The new facility will create more than 520 new jobs in Muscogee County, Ga.

“JS Link America strengthens Georgia’s role in securing the U.S. supply chain in industries such as aerospace, mobility and energy,” said Governor Brian Kemp. “We are excited for the continued growth of manufacturing in West Georgia, and congratulations to Columbus-Muscogee County on this opportunity.”

Founded originally in 2000, JS Link is a Korean bio technology company that specializes in research and development. The company has expanded its business to include the production of permanent magnets, which are a critical component in a number of industries including automobiles, wind turbines, elevators, home appliances, the medical industry, robotics, Urban Air Mobility (UAM), data centers and consumer electronics, as well as defense systems. 

Ammo manufacturer creating jobs in Georgia

Underwood Ammo, which makes ammunition for handguns and rifles, announced it will invest $41 million in a new facility in Effingham, Ga. The project will generate 120 new jobs. 

Metal recycling plant comes to life in Augusta metro

Richmond County, Ga., celebrated the opening of Aurubis’ multi-metal recycling plant in late summer. The plant will turn cooper, tin, nickel and other metals into other products. 

EnergyTek investing $275 million in rural Georgia

A company that makes electricity infrastructure for utility scale customers is locating a plant in Moultrie, Ga. EnergyTek will invest $275 million to establish a new facility in Colquitt County that will house 1,300 workers. 

Belgian manufacturer to create 200 jobs in Gordon County

Governor Brian Kemp announced in August that Stow Group, an industrial storage and automation solution company, will invest $36 million to establish a new manufacturing facility and create approximately 200 new jobs in Gordon County Ga. 

PBS Aerospace establishes HQ in metro Atlanta

PBS, a manufacturer of small turbojet engines, is investing about $20 million to establish its North American headquarters, manufacturing and R&D operations in Roswell, Ga. The deal will create at least 95 jobs. 

TOTO opens luxury toilet plant in Georgia

Japan-based TOTO, one of the largest plumbing manufacturers in the world, has opened its $224 million factory in Morrow, Ga. Interestingly, no jobs were reported in the deal, as hundreds of robots have been installed. 

Pilgrim’s to build new prepared foods facility, creating 630 jobs in Walker County, Ga. 

Pilgrim’s, one of the world’s leading food companies, will invest $400 million to expand its footprint in Georgia.
The company will build a new, multi-phase prepared foods facility in LaFayette, Walker County, supporting more than 630 new jobs at full capacity.

Kentucky

HealthTrackRx set to create 230 jobs in Louisville, Ky.

Infectious disease lab HealthTrackRx has opened its new operation in Louisville. The facility, located at the UPS Healthcare Labport, will serve as a national hub for rapid infectious disease diagnostic testing. The project will include a
$45 million investment and 230 full-time jobs. 

Nice deal in rural Barren County

Union Coating & Chemical announced it will establish is first operation in the U.S. with a new plant in Barren County. The Egyptian manufacturer will invest $12 million and create 60 new jobs. 

Gov. Beshear highlights 10-day economic summer quarter win streak with over $6.3 billion invested and more than 1,000 jobs

In August, Gov. Andy Beshear highlighted an economic winning streak for Kentucky, with more than $6.3 billion in new investment and over 1,000 full-time jobs announced by four companies in less than two weeks.

“There isn’t anything political about a good job or a strong economy, and Kentucky is seeing incredible success as we prioritize what’s right and create more opportunity than ever before for our people,” said Gov. Beshear. 

“With iconic companies like Ford, GE Appliances, General Matter and Apple choosing to invest here, we’re showing the world that our commonwealth is the best place to do business. The best thing is we’re providing more good-paying jobs for Kentuckians so their families can live better lives.”

Over two weeks in August, Gov. Beshear highlighted major investments by Ford, GE Appliances, General Matter and Apple.

A.I.-powered Vsimple relocating HQ from Indiana to Louisville

Automated workflow firm Vsimple is investing $5 million and relocating its headquarters to Louisville, a growing innovation market in the South. The deal will create 200 jobs. 

Uranium enrichment company picks Paducah

General Matter will invest $1.5 billion in Paducah, Ky., for uranium enrichment at the former Paducah Gaseous Diffusion Plant. The plant will produce fuel used in next-generation nuclear energy. The project will create 140 jobs. 

GE Appliances investing big in Kentucky

GE Appliances, a Haier company, announced a new $3 billion investment in its U.S. manufacturing operations over the next five years, highlighted by the company’s $490 million project at Louisville’s Appliance Park announced earlier this year.

Biotech firm to invest $40 million in Frankfort

Meridian Biotech is establishing a new plant in Frankfort that will convert distillery byproducts into multifunctional alternative proteins. The deal includes a $40 million investment and will create up to 35 high-tech, well-paying jobs.

Louisiana

Drone manufacturing plant set for Lafayette, La.

DMR Technologies announced at this issue’s deadline that it will establish its first full-scale U.S. manufacturing facility in Lafayette Parish. There it will assemble the Field Ranger X50 unmanned aerial systems for the U.S. agricultural market. (X50 refers to the drone’s 50-liter tank capacity). DMR expects to hire about 500 in the deal over the course of 10 years. 

Big defense deal in rural Louisiana

Radiance Technologies, a defense contractor, will build a new 40,000-square-foot facility in Lincoln Parish that will house microchip packaging and research and development, as well as 150 workers. The company is investing $370 million. 

B-52 maintenance facility adding jobs in Northwest Louisiana

VRC Metal Systems, a MRO, will build a maintenance facility for B-52 aircraft at the Barksdale Air Force Base in Bossier City, La. The company will hire 21 workers. 

Meta’s giant data center in Northeast Louisiana gets power green light

The Louisiana Public Service Commission (LPSC) has given its approval for Entergy’s plan to provide power for Meta’s new A.I. data center at the former Franklin Farms megasite in Richland Parish. Entergy will build three power plants; two of the three combined-cycle natural gas generating energy plants, will power the A.I.-based data center. 

Hood Container announces $118.9 million modernization project at historic paper mill in St. Francisville

Hood Container Corporation, a family-owned packaging and paper company, announced it will invest $118.9 million to modernize its legacy paper mill in West Feliciana Parish. The company is expected to retain 295 current positions with an estimated salary more than 30 percent above the parish average. Louisiana Economic Development estimates the project will result in an additional 819 indirect new jobs. 

New $100 million project in Houma

Neuro.io, powered by global neurotechnology company MindMaze, announced its plans to establish a $100 million innovation campus in Terrebonne Parish. Known as BrainHUB, the facility will be the company’s first U.S. operation, and will focus on advancing large-scale A.I. applications and brain technology.

The company is expected to create more than 1,100 direct new jobs across A.I. engineering, healthcare and advanced manufacturing. Louisiana Economic Development estimates the project will result in an additional 1,686 indirect new jobs, for a total of 2,786 potential new jobs in the Bayou Region.

Mississippi

AVAIO Digital to locate $6 billion data center campus in Rankin County, Miss.

AVAIO Digital, a Connecticut-based developer and operator of sustainable data centers, has announced a new $6 billion data center campus at the East Metropolitan Center Business and Industrial Park in Brandon.

Florida-based Jabil plans new facility in Marshall County

Jabil, a St. Pete-based healthcare firm and manufacturer of medical devices, has announced a nice project in Marshall County, near Memphis’ significant medical device cluster. The $70 million project will initially create around 24 jobs. 

Packaging maker expanding in Mississippi

Paper and packaging manufacturer Smurfit Westrock is expanding its corrugated operations in Saltillo, Miss. The company is investing nearly $20 million in the deal. 

Canadian chemical manufacturer to set up shop in Mississippi

Canada-based chemical manufacturer Mancuso Chemicals is locating in Pachuta, Miss. The $5.5 million project will create 17 jobs in Clarke County. 

Big wood products deal in rural Mississippi

Hood Industries is expanding its sawmill operations in Wayne County, Miss. The new mill, adjacent to the company’s existing mill, represents an investment of $245 million. 

Howard Industries investing $236 million in Clarke, Jones and Simpson counties in Mississippi

Electrical distribution transformer and technology products manufacturer Howard Industries is expanding operations across its Mississippi facilities in Clarke, Jones and Simpson counties. The project is a $236.95 million investment and will create a total of 450 jobs.

Howard Industries’ expansions will enable the company to meet U.S. Dept. of Energy’s new requirements for electrical transformers while addressing the growing demand for power from sectors such as data centers, electric vehicles and other industry.

North Carolina

Citigroup adding jobs in Charlotte

Banking giant Citigroup has signed a new lease at the big Ballantyne office park south of Charlotte. The $16 million project will create over 500 jobs. 

Update on Durham-based Wolfspeed’s giant plant in Chatham County

In a new filing in late August, semiconductor supplier Wolfspeed disclosed how it plans to emerge from Chapter 11 filing. In June, the company had around 3,400 employees, down from 5,000 in June 2024, after multiple layoffs affecting both its main campus in Durham and the new Chatham County materials facility. 

Founded in 1987 under the name of Cree, Wolfspeed today produces a distinctive semiconductor material called silicon carbide. The substance is used in electric vehicles, charging stations and renewable energy storage units. 

In late August, Wolfspeed CEO Robert Feurle said the company expects to emerge from bankruptcy this year “with a much stronger financial structure.” 

Whoa! Big pharma project announced in the Research Triangle

In the late summer quarter, Johnson & Johnson announced it will invest $2 billion at the Fujifilm Research Triangle plant in Holly Springs, N.C. The project will create 120 jobs. 

Textile manufacturer picks North Carolina

LG Textile, a premium apparel maker, will locate a cut-and-sew operation in Clinton, N.C. The project will create 200 jobs. 

Breeze Airlines to hire 200 at RDI

Startup Breeze Airlines is expanding at the Raleigh-Durham International Airport. The airline carrier to tropical destinations will hire 200 in the expansion. 

Canadian manufacturer to add 300 jobs in Charlotte

AVL USA, a producer of enclosures for industrial power generators, announced it will add 300 workers at its facilities in the Queen City in 2026. 

Nucor starts operations in Davidson County, N.C. 

Charlotte-based steelmaker Nucor started operations at its new $350 million mill in Lexington, N.C. So far, 139 people out of the 200 announced for the facility have been hired. 

Gov. Stein announces 515 new jobs in Western North Carolina

Governor Josh Stein announced in August that Eco King Solutions, LLC, a new subsidiary of a major manufacturer, plans to create 515 jobs in Graham County. The company will invest $80.5 million in Robbinsville to establish its first North American facility to produce disposable, biodegradable paper tableware.

Oklahoma

Oklahoma shatters record with almost $14 billion in new capital investment

The Oklahoma Department of Commerce announced in the summer that the state has set a record for new capital investment, with a 2025 year-to-date total of more than $13.7 billion. This surpasses the previous record, set in 2023, of approximately $8 billion.

“Oklahoma’s turnaround started in 2019, and now our state’s economic future is brighter than ever,” said Gov. Stitt. “Top-tier companies around the world see what’s happening in our state, and they are lining up to reinvest and do business in Oklahoma. We’ve cut taxes and red tape, created business courts, and now we’re seeing the hard work pay off with almost $14 billion in new capital investment.”

The announcement follows Google’s commitment to invest $9 billion in Oklahoma over the next two years, including the construction of a new data center in Stillwater. The record total also reflects the contributions of more than 200 existing companies across Oklahoma that are partnering with the state through the Oklahoma Innovation Expansion Program (OIEP) or the Business Expansion Incentive Program (BEIP).

Electric motor manufacturer to expand in Oklahoma

The Pump & Motor Works, a maker of large electric motors and pumps, is expanding its operations in Okmulgee, Okla. The $2.8 million deal will create 18 jobs. 

MRO expands in rural Oklahoma

Premium Aerospace, a company that specializes in maintenance, repair and overhaul, is expanding its facilities in Burns Flat, Okla. The investment of $65 million will create 200 jobs. 

South Carolina

Rolls-Royce Solutions expands in Aiken, S.C.

Rolls-Royce Solutions America Inc., a provider of off-highway engines and complete power generation systems, announced it is expanding its MTU engine manufacturing operations in Aiken County. The company’s $75 million investment will create 60 new jobs. 

Eaton expanding in Charleston County

Eaton, an intelligent power management company, announced it is expanding its aerospace operations in Charleston County, S.C. The company’s $46 million investment will create more than 50 jobs. 

Fine Organic Industries to invest $135 million in Union County

Specialty additives manufacturer Fine Organic Industries is establishing operations in Jonesville, S.C. The $135 million project will create 60 jobs. 

Charles River Laboratories expands Charleston County operations

Charles River Laboratories International, a leading global drug discovery, development, testing and manufacturing solutions provider, announced it is expanding its operations in Charleston County. The company is investing $13 million in its microbial solutions facility.

Manufacturing facility will house 70 new workers

Texas-based ATI Inc., a global aerospace and defense leader, celebrated its growth in South Carolina with a new operation in Chesterfield County. At full production capacity, the facility will operate with a workforce of nearly 70 newly created jobs. The company recently announced long-term agreements with Airbus and Boeing for materials produced at this facility.

Materials science manufacturer investing $60 million in South Carolina

Arclin, a materials science company, announced it is expanding its operations in Dillon County. The company’s more than $60 million investment will create over 30 new jobs. 

Tennessee

Oh, what a great deal for Unicoi County, Tenn.!

Unicoi County, its town and main industrial park devastated by Hurricane Helene a year ago, has landed its first big deal since. Gov. Bill Lee and economic development commissioner Stuart McWhorter announced in late summer that BWXT will expand its operations in Unicoi, located in the major manufacturing region of the Northeast Tennessee Valley. 

BWXT, a nuclear power-related business that has created fuel for U.S. Navy submarines and aircraft carriers, is investing $120 million and adding about 200 jobs in the project. The BWXT subsidiary, Nuclear Fuel Services, has operated in Erwin, Tenn., since the 1950s. Way to go Unicoi County!

Nuclear technology company to invest nearly $1.7 billion in Oak Ridge

Oklo Inc., an advanced nuclear technology company, will create more than 800 new jobs with its announcement of an advanced fuel center and nuclear fuel recycling facility. The company is investing $1.6 billion in the project.

Hitachi Energy to expand manufacturing operations in Crockett County

Hitachi Energy officials announced in August that the company is expanding manufacturing operations in Alamo, Tenn. Hitachi Energy will invest an initial $97 million and create 100 new jobs through the project with plans for future growth. The additional investment in Alamo will allow the company to expand its manufacturing presence, increasing its total capacity for transformer components such as high-voltage direct current bushings across the globe. 

Vibrant Health Products selects Tennessee for its first U.S. manufacturing operations

Vibrant Health Products will create 394 new jobs and invest $48.5 million over the next five years in Fayette County in the former Kellogg’s Eggo facility, which closed in 2024. The company will begin operations with bread production for its U.S. customers with plans to expand its manufacturing capacity for additional products as the project progresses.

Little Leaf Farms selects Manchester, Tenn., for first Tennessee location

Little Leaf Farms will create 318 new jobs over five years and invest nearly $75 million at the Manchester Industrial Park in Coffee County. The company’s operations will be state-of-the art with new growing and manufacturing facilities that have the capacity to produce and distribute packaged leafy greens throughout the Midwest and Southeast U.S.

Texas

Eli Lilly and Company announces another multi-billion plant in the U.S.; this one in Houston

After a similar announcement in the summer in Virginia, Eli Lilly announced it will invest $6.5 billion to build a 236-acre manufacturing facility in Generation Park in Houston. The plant will produce active pharmaceutical ingredients, components in Lilly’s medicines. The project is expected to create 4,000 jobs. Houston was chosen (as was Virginia, in Lilly’s deal parade that is expected to total a couple of more comparable projects this year) from 300 competing U.S. locations. The new San Jacinto College Center for Biotechnology was mentioned as a factor in the deal. 

Satellite manufacturer E-Space to put HQ, thousands of jobs at Arlington, Texas airport

French satellite manufacturing company E-Space is moving forward with plans to put its North American headquarters and manufacturing facilities in Arlington. The company plans to make and deploy a network of low Earth orbit satellites. The company announced it is creating 2,000 jobs in the deal. 

Samsung’s Taylor, Texas plant in a rush to open in Austin metro

The rush to bring advanced A.I. chips to the U.S. market can be found in Williamson County, Texas, where South Korea-based Samsung is finishing up its plant representing an investment of tens of billions. Originally a $17 billion deal, Samsung has announced it will invest up to $44 billion in Central Texas at its plants in Austin and adjacent Taylor, Texas. In the late summer quarter, the state of Texas gave the massive Korean conglomerate another $250 million in incentives. The giant plant is expected to begin production in 2026. 

Another big aerospace deal in Richardson

Collins Aerospace, a supplier for defense and aerospace contractors, is expanding its facilities in Richardson, Texas. The expansion will include the renovation of the company’s research and manufacturing operations. The $57 million project will create 570 new positions. 

Wistron, one of the world’s largest electronics manufacturers, announced a big deal at Fort Worth’s Alliance Airport

Fort Worth has won out over El Paso, Nashville and Freemont, Calif., for Wistron’s $761 million A.I. supercomputer factory. The project will create 800 jobs. The company is a Nvidia partner. 

Three Houston LNG companies to greenlight Gulf Coast LNG export facilities by the end of the year

In a report from the Business Journals, Houston-based Sempra Infrastructure, Commonwealth LNG and Texas LNG are expected to start up their projects this year. 

Aluminum recovery firm will establish operations in Titus County, Texas

Aluminz Corporation plans to develop the nation’s first zero-landfill aluminum facility in Mount Pleasant, Texas. The project is expected to create 130 jobs. 

Sam Altman’s OpenAI to occupy $3 billion data center in rural Texas

Sam Altman’s OpenAI has announced a new data center in Milam County, Texas. No word on jobs. 

New data center campus planned for Jarrell, Texas

Spending to build a data center campus north of Austin is set at $850 million. The project, developed by Power Infrastructure Partners and Savannah Prominent, will focus on A.I. and high-performance computing and is designed to be shovel-ready. The project will create 400 construction jobs. 

Taiwanese tech giant picks Katy for $85 million plant

Inventec, an electronics manufacturer, has announced a manufacturing operation in Katy, Texas. The $55 million project will create more than 500 jobs (in 10 years).

Apple announces $500 million project to buy rare earth magnets from Fort Worth plant

Apple has struck a $500 million deal to buy rare earth magnets from Las Vegas-
based MP Materials. Under the deal, rare earth magnets will be developed from 100 percent recycled materials at MP's flagship manufacturing plant in Hillwood's AllianceTexas development. Magnet shipments are slated to begin in 2027 and will support "hundreds of millions of Apple devices," MP said.

Virginia

Big deal in NOVA; Alexandria and Fairfax

Systems Planning & Analysis (SPA), a government contractor based in Alexandria, Va., plans to invest $47 million to increase its presence in Fairfax County as well as its home base of Alexandria. Founded in 1972, the company provides data and analytics services designed to address national security challenges facing the United States and its allies. The announcement calls for 1,200 new jobs in both Northern Virginia locales. 

Eli Lilly and Company announce major investment in Virginia

Indianapolis-based Eli Lilly and Company, the most valuable drug company in the world with an $842 billion market capitalization, has announced it will invest $5 billion in a state-of-the-art manufacturing facility in Goochland County, Va., which is in the Richmond metropolitan area. 

Gov. Glenn Youngkin said, “Lilly is one of the world’s great innovators, and I want to thank them for this significant commitment to Virginia. This new facility in Goochland County will create 650 great jobs, along with 1,800 construction jobs, and deliver some of the most advanced medicines in Lilly’s portfolio.” 

Google investing $9 billion across Virginia

Google announced in the summer quarter it will invest $9 billion in Virginia through the end of 2026. The project will include a new data center in Chesterfield County, Va., and expansion of its existing centers in Loudoun and Prince William Counties. Part of the investment is to shape the future through A.I. and quantum computing. 

Hitachi Energy announces big project in South Boston, Va. 

Hitachi Energy is investing $457 million to expand its power transformer production plant in South Boston. Over 800 jobs are expected to be created. 

Fulfillment company sets up shop in Pittsylvania County

MerryGoRound, a North Carolina-based fulfillment company specializing in apparel and collectibles, will invest $10 million to establish operations in Pittsylvania County. The company will utilize a 400,000-square-foot facility to support its growing live commerce division, creating 203 new jobs. Virginia successfully competed with North Carolina and Puerto Rico for the project.

Cailabs relocates U.S. HQ to Arlington County

Cailabs US Inc., a wholly owned U.S. subsidiary of the French company Cailabs SAS specializing in the design and manufacturing of advanced laser-light products, will invest $300,000 to relocate their U.S. headquarters from Washington, D.C. to Arlington County. 

Company founded in 1750 chooses Martinsville-Henry County, Va., for Tin Ridge

Gov. Glenn Youngkin announced that Nathan Trotter, the largest supplier and recycler of tin and tin alloy products in North America, will invest approximately $65 million to construct Tin Ridge, a first-of-its-kind metal production and processing facility in Henry County. The company selected a strategic 44-acre site north of Martinsville for the 115,000-square-foot tin processing facility, which will significantly increase American tin supply and recycling capabilities. At full capacity, Tin Ridge is expected to create an estimated 118 new jobs in the Commonwealth.

“Nathan Trotter’s investment in Henry County is a powerful example of how Virginia is leading the way in advanced manufacturing and supply chain infrastructure,” said Secretary of Commerce and Trade Juan Pablo Segura. “By bringing the nation’s first large-scale tin processing facility to the Commonwealth, this project ensures the future of American manufacturing is powered by Virginia workers. We are proud to welcome such a historic and forward-looking company to the Commonwealth.”

The U.S. government has declared tin a critical mineral due to its role in solder used in circuit boards and electronics components for countless commercial and government applications, including critical defense systems, smartphones, flat panel displays, electric vehicles, batteries, advanced robotics and aerospace technologies.

To address the nation’s dependence on tin imports, Nathan Trotter will develop and operate the nation’s first plant capable of refining noteworthy volumes of both tin concentrate and scrap tin in support of the U.S. economy and defense industrial base. The cutting-edge facility has also been designed to utilize the most advanced and environmentally friendly technology, enabling successful operations into the future.