Northrop Grumman invests $200 million in Waynesboro, creates 300 new jobs

Governor Glenn Youngkin announced that Northrop Grumman Corporation, a global aerospace and defense technology company, will establish a new advanced electronics manufacturing and testing facility in Waynesboro.

Northrop Grumman will invest over $200 million in the state-of-the-art facility which will create more than 300 jobs upon completion over the next five years.

The Virginia Economic Development Partnership worked with Waynesboro to secure the project for the Commonwealth.

Governor Youngkin also approved a $8.5 million grant from the Opportunity Fund to assist Waynesboro with the project.

Northrop Grumman will also receive support from the Virginia Talent Accelerator program to expedite the start up process with recruitment and training services at no cost to the company as an incentive for job creation.

Governor Youngkin said, “Northrop Grumman’s expanding Virginia footprint sends a powerful message that the Commonwealth is a magnet for investment underpinned by a next-generation workforce. This global leader’s cutting-edge facility in Waynesboro will provide job opportunities that attract and retain high-quality talent and create a transformational ripple effect for the entire region.”

To view the Governor’s full announcement, click here.

For more news from across the Shenandoah Valley, click here.

Youngkin and Warner team up to bring microchip manufacturing to Virginia

Governor Glenn Youngkin and Senator Mark Warner came together earlier this week at a conference in Fairfax in a bipartisan effort to encourage global leaders to bring microchip manufacturers to the Commonwealth.

Governor Youngkin highlighted a number of attractive benefits in bringing manufacturers to Virginia including lucrative incentives, the proximity to the federal government, the country’s defense contracting hub, one of the largest cargo ports, and one of the best public and private university systems.

The event held at Northrop Grumman’s global headquarters in partnership with Virginia Tech highlighted the Virginia Alliance of Semiconductor Technology program which is building a pipeline of graduate students to enter the semiconductor field.

The federal government recently dedicated $52 million in an incentive package that Senator Warner was heavily involved in developing to help bring semiconductor projects to the country as currently only 12% of chips are made domestically.

For more news from across the Shenandoah Valley, click here.