Satair, an Airbus company  inks deal for more space in Northern Virginia

Airbus Americas Inc. has inked a deal for expansion space in Loudoun County after outgrowing a smaller distribution and spare parts facility it upgraded for its Satair Group subsidiary in 2016.

The company has signed a design-build lease for about 250,000 square feet at the Northwoods Industrial Park, according to three sources familiar with the deal. The 2.1 million-square-foot business park, developed by Northwestern Mutual, Broad Street Equities and The Ardent Co., is located off Old Ox Road near Dulles International Airport.

One of the world’s largest truck manufacturers has made a growing Virginia firm its co-pilot on its journey to commercialize automated trucks.

An agreement has been signed for Daimler Trucks and Buses Holding Inc. to acquire a majority stake in Blacksburg-based Torc Robotics for an undisclosed sum, the two companies announced Friday. Finalization of the deal is subject to approval from U.S. regulators.

Industrial film manufacturer to add state-of-the-art operations in Franklin, create 30 new jobs

FRANKFORT, Ky. (February 19, 2019) – Gov. Matt Bevin today announced RKW North America Inc., a German-owned manufacturer of industrial film, will significantly expand its Simpson County facility, investing in new technology with a roughly $18 million project expected to create 30 full-time jobs.

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