Look what subsea Craft is doing in Right to Work Virginia. SubSea Craft is investing $13 million in order to add a new location in Right to Work Virginia Beach, Virginia. This project will be an exciting addition to the area! From Area Development Magazine: "Virginia Beach offers an exceptional environment for a company operating at the intersection of maritime innovation and defense technology. [...] The city's access to maritime infrastructure, defense assets, industry expertise, and technical talent strongly aligns with our long-term vision for growth and collaboration in the United States." [...] "SubSea Craft's decision to establish operations in Virginia Beach reflects the unique strengths of the Hampton Roads region, where naval operations, shipbuilding, advanced manufacturing, autonomy, and maritime engineering expertise come together in one ecosystem. [...] We are proud to support their expansion and connect them to the region's world-class maritime and defense industrial base." AREA DEVELOPMENT MAGAZINE

$1.3B in investment will create thousands of new jobs across California. California Competes Tax Credits will support six expanding companies that will create over 2,000 new jobs and generate $1.3 billion in private investment statewide. 06/26/2026 Six companies have been awarded California Competes Tax Credits (CalCompetes) from the Governor's Office of Business and Economic Development (GO-Biz). Together, these awards are projected to create more than 2,000 new jobs with a weighted average annual salary of over $110,000 and generate more than $1.3 billion in private investment across California. Since 2019, CalCompetes has awarded tax credits to 271 businesses that committed to creating 75,577 full-time jobs based in California and generating more than $37 billion in private investment. "California is where the future is built," commented Governor Gavin Newsom. "Through investments like CalCompetes, we're helping companies expand manufacturing, advance breakthrough technologies, and create high-quality jobs that will further strengthen our economy and communities for years to come." Spanning industries from aerospace and advanced manufacturing to clean energy and high tech, this latest round of CalCompetes awards advances several of California's economic priorities as outlined in the California Jobs First Economic Blueprint. In particular, the investments support growth in "strengthen" and "accelerate" sectors while reinforcing California's commitment to attracting investment, expanding economic opportunity and creating high-quality jobs across the state. The award recipients include: * Eleven Labs Inc., which will invest $1.15 million to scale its artificial intelligence software development presence in San Francisco and create 173 jobs * General Atomics, which will invest $38 million to expand fusion energy research and development operations in Poway * The Quartz & Silicon Materials Company, which will create 894 jobs and invest $679 million to develop its advanced manufacturing operations in Chula Vista and Calipatria * Ross Dress For Less, Inc., which will invest $494 million to broaden its merchandise processing operations in Bakersfield, creating hundreds of new jobs with the potential for additional growth as the project advances * SubSea Craft US, Inc., which will invest $6.9 million to establish its maritime technology manufacturing operations in Southern California * Vast, Inc., which will invest $87 million to expand its space station research, development, and manufacturing footprint in Long Beach, creating 657 new jobs Gov. Newsom released the California Jobs First Economic Blueprint in February 2025. The Blueprint, which is being implemented by the nine state agencies on the California Jobs First Council, outlines key initiatives to support regional growth, invest in 21st century job training, create an attractive environment for job creators and strengthen California's innovation economy. Through the California Jobs First initiative, nearly $1.6 billion in investment was generated in 2025, training over 142,000 workers and helping to create more than 61,000 new jobs. A member of the Group C team for more than three decades, Mary Ellen McCandless has played various roles at the company and currently serves as the Director of Digital Content. In this role, she writes, edits, and manages content for all of the company's brands: Facility Executive, Business Facilities, Turf, Continuity Insights, and Campus Resilience & Security. She earned a B.A. from Rutgers University and her M.A. from Monmouth University. When she's not working, Mary Ellen enjoys spending time with her husband of 30 years, her two children, and their dog. Her hobbies include painting, cooking, bird watching, and gardening. Virginia's Greater Richmond Region accelerates next-generation manufacturing with reliable, resilient energy infrastructure and a collaborative approach. From timeless design to purpose-driven growth, Arbor Eyewear proves Lubbock businesses can build products with global appeal while staying rooted in community. Grow your business in Montgomery County, Maryland. North Carolina: Building Boldly - Business Facilities Magazine Aerospace, Metals, Financial Firms Expand In AlabamaAerospace, Metals, Financial Firms Expand In Alabama Business Facilities - Site Selection, Economic Development & Area News Featured location. Entergy's four state territory spanning Arkansas, Louisiana, Mississippi and Texas is home to the largest industrial base in the U.S. Featured video. Move your business to the epicenter of global health and security. With 1 in 3 residents holding advanced degrees and direct proximity to the NIH and FDA, Montgomery County offers an unmatched strategic advantage for expansion.

SubSea Craft launches munitions-capable USV.