Business Announcements | Virginia's New River Valley

Business Announcements Inmotion Ribbon Cutting

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.

Governor McAuliffe Announces $2.125 Million Camrett Logistics Investment in Pulaski County

December 11, 2015

RICHMOND – Governor Terry McAuliffe announced today that Camrett Logistics Inc., a full service third party logistics (3PL) company that serves Virginia and the surrounding region, will invest $2.125 million to expand its operation in Pulaski County. The project will create 38 new jobs. Speaking about today’s announcement, Governor McAuliffe said, “Camrett Logistics is a valued Virginia business established in 1995 that has grown to six locations in the Commonwealth.

Governor McAuliffe Announces $38.1 Million Volvo Group Investment in Pulaski County

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September 25, 2015

DUBLIN – Governor Terry McAuliffe announced today that the Volvo Group will invest $38.1 million at the New River Valley (NRV) assembly facility in Pulaski County, where all Volvo Trucks models for North America are assembled. The investment will allow Volvo to make several plant upgrades and build a 36,000-square-foot Volvo Trucks Customer Experience Center on the NRV grounds. In addition to the investment, Volvo will add 32 new jobs at NRV.