This database tracks direct investments and new jobs created in Virginia as a result of the announced plans of new or expanding companies. The data is based on announcements of planned employment creation and capital expenditures in Virginia by basic companies (manufacturers and non manufacturers with a substantial customer base outside the state). Many of the new facilities announced are not yet in operation. Some of the announced facilities may have opened and then subsequently closed.
The information indicates the kind of new economic activity occurring in the state; it does not measure total employment growth. Information is gathered from the Virginia Economic Development Partnership's allies at state, regional, and local levels, as well as from published sources and Partnership staff. Rules for documentation of announcements were established to ensure consistency of reported data. All information is obtained on a voluntary basis and no claim is made that the data are complete.