The GO Virginia Board Meeting held on December 10, 2024, focused on the progress and outcomes of various industrial site certifications across the region. The meeting highlighted the collaborative efforts between localities and the Virginia Economic Development Partnership to enhance the market potential of 11 targeted sites and industrial parks, stretching from Patrick County to Halifax.

The discussion began with an overview of the certification process for sites, particularly emphasizing the Southern Virginia Technology Park in Halifax. The park successfully raised its site rankings from tier 2 to tiers 4 and 5 through engineering work, which attracted Iperion X to the area. This development not only utilized an existing shell building but also facilitated further expansion opportunities, demonstrating the positive impact of the certification process.

Additionally, the Ringgold Industrial Park East in Danville was spotlighted for its recent achievements. The site was elevated from tier 2 to tier 5, leading to the announcement of Cambridge Paving Stones, which plans to create 55 jobs and invest $47.35 million. This success was attributed to the rigorous studies and improvements made possible by the board's support.

The meeting also addressed the strategic reallocation of funds, allowing for the enhancement of the Southern Virginia mega site, which was nearing the end of its certification period. This initiative resulted in the certification of a new lot and the subsequent attraction of Microporous, a lithium battery separator company, which is set to bring 2,015 jobs and over $1.3 billion in capital investment to the region.

Overall, the meeting underscored the importance of the GO Virginia initiative in fostering economic development through site certifications and strategic investments, with significant job creation and capital influx as key outcomes. The board's continued support and funding adjustments were crucial in facilitating these developments, paving the way for future growth in the region.