Commonwealth's Opportunity Fund Archives

Lutron to Expand Presence in Virginia

September 19, 2022September 18, 2022 Eric Burk

Industrial and residential lighting controls manufacturer Lutron Electronics will invest $28.3 million to expand its presence in Hanover County, according to a Thursday announcement of a plan to build a 145,000 square foot manufacturing facility.

“Lutron has been a fixture here in Hanover County, Virginia for many years. It is exciting to see them invest in a manufacturing facility in our industrial park along Lakeridge Parkway and to have quality jobs created for the citizens of Hanover County and the Greater Richmond Region,” Hanover County Supervisor Faye Prichard said in a press release from the governor’s office.

Indoor Vertical Farm Company to Build Campus in Chesterfield

September 16, 2022September 15, 2022 Eric Burk

Plenty Unlimited, Inc., announced plans to invest $300 million to construct the world’s largest indoor vertical farming campus, which will be located in Chesterfield and is expected to have a strawberry farm completed in late 2023 or early 2024.

“At Plenty, we’re on a mission to sustainably grow fresh food for everyone, everywhere,” Plenty CEO Arama Kukutai said in a press release from the governor’s office. “This campus will raise the bar on what indoor vertical farming can deliver. The scale and sophistication of what we’re building here in Virginia will make it possible to economically grow a variety of produce with superior quality and flavor. We look forward to continuing to work in close partnership with the government of Virginia as we endeavor to rewrite the rules of agriculture.”