Virginia Economic Development Partnership’s Post

Virginia Economic Review provides a look at Virginia’s economy, diverse world-class companies, remarkable talent, and insights from national thought leaders. This issue explores the ways Virginia knowledge work companies are innovating in numerous key industries and the way the Commonwealth is enabling that innovation, from accelerators and incubators to innovative collaborations between industry and government. Read the issue: https://hubs.ly/Q02TxDc00

Karen Dahut is CEO of Google Public Sector (GPS), where she works to bring Google technology to solve complex problems for U.S. public sector solutions at the local, state, and federal levels. VEDP President and CEO Jason El Koubi spoke with Dahut about GPS’ work with public and private sector partners to leverage Google technology to serve U.S. citizens. Listen to the podcast: https://lnkd.in/g57RcjpB

Shamrock Farms, a leading dairy product manufacturer, will invest $59 million to expand its manufacturing operation in Augusta County. The project will create 28 new jobs and coincides with Shamrock Farms’ 10th anniversary of operations in the Commonwealth. https://hubs.ly/Q02Tx8Y70 Augusta County Economic Development Shenandoah Valley Partnership

As the operator of the U.S. government’s Health Federally Funded R&D Center (FFRDC), the MITRE Corporation has two decades of experience solving difficult healthcare and public health problems. MITRE is a founding member of the Coalition for Health AI, which focuses on trustworthy, equitable use of AI in health and healthcare. Last week, we gave reporters access to MITRE’s AI space that is pioneering healthcare solutions for the public. Learn more: https://hubs.ly/Q02S_cCD0

Dev Technology Group, Inc. designs IT solutions to help the federal government meet its needs through full-stack development, no-code/low-code solutions, and specialized services across the data, biometrics, and artificial intelligence fields. Last week, VEDP and reporters were able to discover first hand how the company uses AI to solve challenges and advance missions across homeland security, law enforcement, defense, and more. Learn more: https://hubs.ly/Q02S-PN20

Today is the US Navy's 249th birthday! Virginia is the proud home to Naval Station Norfolk, which supports the operational readiness of the U.S. Atlantic Fleet and is the largest naval base in the world. 

Marble Systems Inc., a leading manufacturer and distributor of stone products, will invest $9.7 million to expand its operations in Caroline County. The project will create 59 new jobs and include the establishment of a warehouse and distribution center, as well as cut stone and stone product manufacturing facilities. https://hubs.ly/Q02T6gV20 Fredericksburg Regional Alliance at University of Mary Washington

Currie Medical , a company specializing in medical device manufacturing and reprocessing, will invest $1,220,000 to expand its operations in the City of Norfolk. The company will lease a 30,000 square-foot facility to house its medical device reprocessing operation and distribution center, creating 60 new jobs. https://hubs.ly/Q02T4pXH0 City of Norfolk Economic Development Hampton Roads Alliance

Virginia Tech Innovation Campus is scheduled to open in spring 2025. VEDP took reporters on a hard hat tour of the space designed for tech innovation. Like George Mason and other Virginia colleges and universities, Virginia Tech participates in Virginia’s innovative Tech Talent Investment Program, which brings donors and corporate partners together to invest more than $2 billion to expand Virginia’s tech talent pipeline. The investment is aimed at doubling the number of graduates each year from Virginia colleges and universities in computer science and closely related fields. Learn more about how Virginia Tech is designing graduate programs for tech talent: https://hubs.ly/Q02S-7Sz0

AXYS, a leading engineering and consulting firm specializing in building management and security systems, will invest $2.18 million to establish new operations in the City of Winchester, creating 46 new jobs. AXYS chose Winchester for its new operations due to the city's proximity to local data centers, the availability of skilled talent in the area, and convenient access to businesses along the I-81 corridor. Read the full release: https://hubs.ly/Q02SNLD40 City of Winchester Economic Development Authority