Forbes.com Names Virginia A Best State for Business

Wednesday, 12 November 2014 17:41 by Info@YesVirginia.org
Virginia has done it again, receiving another top ranking on the Forbes.com annual Best States for Business study. Virginia ranked No. 4 this year and had previously held the No. 1 or 2 spot since the inception of the study in 2006. While we are accustomed to a higher billing, Virginia is honored to receive the continued recognition from Forbes as a best state for business...

Virginia has done it again, receiving another top ranking on the Forbes.com annual Best States for Business study. Virginia ranked No. 4 this year and had previously held the No. 1 or 2 spot since the inception of the study in 2006. While we are accustomed to a higher billing, Virginia is honored to receive the continued recognition from Forbes as a best state for business.

The Forbes.com ranking is based on six categories pulled from 36 points of data — costs, labor supply, regulatory environment, economic climate, growth prospects and quality of life.

Highlights for the Commonwealth of Virginia include the No. 1 ranking for its regulatory environment. Forbes.com touted Virginia’s strong incentive offerings and business-friendly government policies.

Virginia ranked No. 2 for labor supply and was the top state on the East Coast. The Commonwealth’s skilled and well-educated workforce has long been esteemed by Virginia companies as a key component in their success. In addition, Virginia has the highest concentration of high-tech workers according to the TechAmerica Foundation’s Cyberstates 2013.

Virginia received a No. 5 ranking for quality of life. The Commonwealth’s favorable cost of living combined with access to natural resources, from the ocean to the mountains, and its historical, cultural and sports and entertainment offerings make Virginia a great place to live and work.

Concern over the effects of sequestration led to a lower score in the growth prospects category, ultimately affecting Virginia’s overall ranking this year. The growth prospects category includes a five-year forecast from Moody’s Analytics.

VEDP and the Virginia economic development community have long realized the potential impact of sequestration to our economy, and today’s No. 4 ranking further illustrates the new economic challenge facing Virginia.    

The Commonwealth is committed to attracting new jobs and capital investment, and cultivating new economic growth through a proactive and aggressive economic development program. Initiatives like VEDP’s Going Global Defense Initiative, which helps Virginia defense companies mitigate the impact of federal spending cuts by launching an international strategy and growing revenue in markets overseas, will play an important role as we build a new Virginia economy.

In the meantime, Virginia takes pride in our strong showing in the 2014 Forbes.com Best States for Business report. We continue to be ranked a best state because Virginia offers a business-friendly environment, favorable operating costs, a top workforce and premier East Coast location and transportation network. To learn why companies have prospered in the Commonwealth for more than 400 years, click here.

Photo courtesy of Virginia Tourism Corp.

Global Center for Automotive Performance Simulation Established in Halifax County

Friday, 7 November 2014 16:14 by Info@YesVirginia.org
The Global Center for Automotive Performance Simulation was recently established in Halifax County, Va., through the merging of the National Tire Research Center and SoVa Motion...

The Global Center for Automotive Performance Simulation was recently established in Halifax County, Va., through the merging of the National Tire Research Center and SoVa Motion.

The facility will remain at the Virginia Motorsports Technology Park, adjacent to the Virginia International Raceway, which is the longest motorsports road course in the U.S. with 4.2 miles of tarmac.

The National Tire Research Center was established in 2010 through a public-private partnership among the Virginia Tech Transportation Institute, General Motors, the Institute for Advanced Learning and Research, and the Virginia Tobacco Indemnification and Community Revitalization Commission.

The tire center houses the Flat Trac LTRe, an $11.3 million, high-performance tire testing machine that allows speeds of 200 mph on car, truck and motorsports vehicles. Due to strong customer demand, the center has grown from 13 to 26 employees, and expects to expand beyond 30 employees over the next year.

NTRC has previously partnered with SoVa Motion (Southern Virginia Vehicle Motion Lab), which is operated by the Virginia Tech Transportation Institute. SoVa Motion has an eight-post shaker rig and driving simulator which can replicate various road conditions and many of the world’s racing tracks to test driver performance, shock and suspension reaction, on-vehicle sensing, as well as virtually prototype vehicle components.

While the facilities have served major U.S. customers, such as General Motors, Goodyear Racing and NASCAR, rebranding as GCAPS reflects the increasing global scope of their customer base.

GCAPS will also build upon the success of its math modeling and simulation capabilities by adding a virtual design and integration laboratory. The facility will provide full performance testing of highway and racetrack vehicles in both physical and virtual environments.

GCAPS is a key part of Virginia’s Motorsports Alley and augments the Commonwealth’s strengths in the automotive industry. To learn why more than 150 automotive companies call Virginia home, click here.

Executive Director Frank Della Pia appears next to a tire testing machine at the newly-branded Global Center for Automotive Performance Simulation in Halifax County, Va. Photo courtesy of the Global Center for Automotive Performance Simulation.

VEDP Releases Two New Marketing Tools for Mobile Devices

Friday, 31 October 2014 15:26 by Info@YesVirginia.org
VEDP recently released two new marketing tools for use on mobile devices. First, the YesVA App version 2.0 was released to the Apple App Store. For those who have already downloaded the original app to your iPad or iPhone, you can obtain the new version in the Updates section of the App Store...

VEDP recently released two new marketing tools for use on mobile devices.

First, the YesVA App version 2.0 was released to the Apple App Store. For those who have already downloaded the original app to your iPad or iPhone, you can obtain the new version in the Updates section of the App Store.

New features for the YesVA App version 2.0 include:

  • Overall redesign to iOS 7 standards for design and user interface
  • The ability to filter properties by region
  • Better property grouping and functionality in map view
  • Better search functionality which matches the search function of the VirginiaScan desktop version

There were no changes made to the Android version. For those who have never downloaded the app, links to both the Apple and Android versions are available at http://www.YesVirginia.org/aboutus/app.

Second, we have also released the VEDP iBook. This interactive sales tool allows economic development professionals to present to clients on the road using only an iPad. The VEDP iBook links directly to VirginiaScan for property searches and the Compare Virginia tool for side-by-side comparisons between Virginia and other states and MSAs on key economic metrics.

Content also includes video testimonials from C-level industry peers and interactive graphical presentations of Virginia’s premier assets, including our workforce, infrastructure and transportation network.

These interactive tools are another demonstration of the innovation that is alive and well in the Commonwealth. We hope these will assist our economic development partners in marketing Virginia as the best state for business to companies across the globe. To learn more, click here.

A view of the VEDP iBook homepage.

Williamsburg-James City County School System Hosts Second Annual Manufacturing Day

Wednesday, 29 October 2014 15:30 by Info@YesVirginia.org
Earlier this month, schools and companies partnered to host 17 events across Virginia as part of the second annual national Manufacturing Day campaign...

Earlier this month, schools and companies partnered to host 17 events across Virginia as part of the second annual national Manufacturing Day campaign.

One such event included students from Williamsburg-James City County Public Schools for the second year. Students, teachers and guidance counselors were given tours of the manufacturing plants at six local companies, including Anheuser-Busch, Ball Corp., Coresix Precision Glass, Owens-Illinois, Printpack Inc. and Walmart Distribution Center.

Students learned about the diversity of careers in manufacturing, as well the high-tech skills needed to pursue a career in advanced manufacturing.

The students also learned about the various paths available to prepare for this type of career. Representatives from Thomas Nelson Community College were on hand to discuss coursework they offer to prepare students to directly enter the manufacturing workforce or continue on to a four-year degree.

The event was sponsored by WJCC Public Schools, the Association for Manufacturing Excellence and James City County.

A WJCC guidance counselor also attended another Manufacturing Day event nearby at Newport News Shipbuilding. The program allowed 13 area high school guidance counselors to tour the Welding School and The Apprentice School to view hands-on demonstrations of trades training.

Manufacturing Day is a national program that encourages manufacturing companies across the U.S. to open their doors and provide tours for high school students in their communities. The purpose is to dispel misperceptions about the industry and inspire students to pursue careers in manufacturing after seeing the high-tech, rewarding career paths available to them.

The Manufacturing Day events in Virginia illustrate the Commonwealth’s leadership in preparing students for advanced manufacturing careers and developing a workforce with the skills to meet industry needs. To learn more, click here.

Virginia students tour the Anheuser-Busch control room and learn about the high-tech nature of today’s advanced manufacturing careers. Photo courtesy of the Association for Manufacturing Excellence.

VEDP Named a “Best in Class” Economic Development Group at IEDC Conference

Monday, 20 October 2014 13:22 by Info@YesVirginia.org
VEDP was named a “Best in Class” economic development organization today at the International Economic Development Council’s Annual Conference...

VEDP was named a “Best in Class” economic development organization today at the International Economic Development Council’s Annual Conference.

The results were tabulated by Development Counsellors International as part of its 2014 “Winning Strategies in Economic Development Marketing” report. DCI conducts a survey among U.S. corporate executives and site selection consultants every three years.

“The leading economic development organizations identified in this year’s survey set the standard across the country for being ‘Best in Class’ on so many levels and clearly stand out to site selectors across the country,” said DCI President Andrew T. Levine. “As states look at how to build and strengthen relationships with site selectors and influence corporate executives’ decisions on where to locate, invest and create jobs, ‘Winning Strategies’ provides a glimpse into the minds of this important audience.”

VEDP tied for sixth place with 15 percent of the responding executives and location advisors identifying us as a top economic development organization.

During FY2014, VEDP assisted on 183 projects that resulted in announcements of 15,029 new jobs and $5.19 billion in invested capital. These 183 projects will generate an estimated $280 million of new state tax revenue for Virginia after five years and approximately $620 million after 10 years. These projects will also generate an estimated $276 million of local tax revenue after five years and approximately $612 million after 10 years.

VEDP’s recognition as a “Best in Class” organization from one of our key markets — executives and location advisors — makes this award all the more meaningful and illustrates that we are on track to fulfill our mission:

"To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities."

To learn more about how VEDP can assist your business, click here.

NASA Grant Creates New STEM Education Program at Virginia’s Community Colleges

Tuesday, 14 October 2014 16:00 by Info@YesVirginia.org
The Virginia Space Grant Consortium recently announced a new program called STEM Takes Flight at Virginia’s Community Colleges funded by a $500,000 grant from NASA...

The Virginia Space Grant Consortium recently announced a new program called STEM Takes Flight at Virginia’s Community Colleges funded by a $500,000 grant from NASA.

The purpose of the initiative is to augment STEM (science, technology, engineering and math) education within the Virginia Community College System and build stronger connectivity with NASA to provide students with world-class learning and research opportunities.

STEM Takes Flight at Virginia’s Community Colleges offers a full suite of programs that includes real-world internships, research experiences, additional coursework and faculty training.

One example is the Build/Fly/Learn component which allows students to work on paid summer research projects at both NASA Langley Research Center in Hampton, Va., and NASA Goddard Space Flight Center’s Wallops Flight Facility in Wallops Island, Va. This opportunity is available to 38 community college rising sophomores who work in teams under the guidance of a NASA mentor.

Additional coursework includes two multi-disciplinary classes on mission development and planning offered through Virginia’s Eastern Shore Community College, which will allow students to develop and fly a sounding rocket payload. A third course covers sea level rise and its impact on coastal communities. It’s available online and led by Virginia Western and Thomas Nelson Community Colleges.

VCCS faculty will also receive additional training through a residential professional development STEM workshop at NASA’s Wallops Flight Facility. Twenty professors will have the opportunity to participate in a hands-on case study beginning June 2015.

The STEM Takes Flight program is another example of Virginia’s premier higher education system that provides real-world experiences to ensure Virginia’s workforce pipeline is ready to meet the industry needs of the future. To learn more about Virginia’s higher education and workforce training solutions, click here.

James Carter, a former NASA Langley Research Center intern, researches heat calibrations on model spray coatings.

JMU Extends Collaboration to the Community with the Ice House

Tuesday, 30 September 2014 16:59 by Info@YesVirginia.org
James Madison University and partners have joined together to create the Ice House, a revitalized building complex in downtown Harrisonburg that will serve as a center of collaboration and engagement for JMU students, entrepreneurs and citizens in the local community...

James Madison University and partners have joined together to create the Ice House, a revitalized building complex in downtown Harrisonburg that will serve as a center of collaboration and engagement for JMU students, entrepreneurs and citizens in the local community.

Formerly known as the Cassco Ice House complex, the building was constructed in 1934 for ice and cold storage to support the region’s distribution of agricultural products. Operations were discontinued in 2004 and the building was unused until the recent revitalization plans rechristened it the Ice House.

The name references both the building’s history as well as a JMU initiative called ICE, an acronym for Innovation-Collaboration-Entrepreneurship. JMU seeks to become a model of engagement that mobilizes resources from the university and community to launch new businesses and commercialize technology.

Phase one of the project is complete and JMU has occupied 30,000 of the 80,000-square-foot building with departments such as Outreach and Engagement, the Office of Technology Innovation, Communications and Marketing, the JMU Small Business Development Center, the Center for Entrepreneurship and the Lifelong Learning Institute.

The principal developers of the Ice House project are both JMU alumni and the furniture was designed and built by JMU’s Industrial Design students.

The building currently offers space available for rent that includes offices, event space, a kitchen, and classrooms and conference rooms fit with touchscreen A/V equipment and web conferencing capabilities.

Phase two of the project includes plans to make the Ice House a center of the downtown community with restaurants, a brewery, yoga studio, retail space and loft apartments.

The project is a win-win for the university and the community. Small business owners and entrepreneurs gain better access to JMU’s resources, and JMU students benefit from working on live projects with real businesses.

JMU and its programs at the Ice House are another example of how the Commonwealth’s premier colleges and universities provide real-world experience to Virginia students and innovative ways to collaborate with the local community. To learn more, click here.

A view of the open office and collaborative space at the Ice House in downtown Harrisonburg, Va. Photo courtesy of James Madison University.

Mary Baldwin College Gives Tour of New College of Health Sciences Building

Tuesday, 23 September 2014 12:59 by Info@YesVirginia.org
Recently, a group of economic development professionals toured the new Murphy Deming College of Health Sciences building at Mary Baldwin College in Fishersvillle, Va...

Recently, a group of economic development professionals toured the new Murphy Deming College of Health Sciences building at Mary Baldwin College in Fishersvillle, Va.

Classes are well underway — the school officially opened this past June and welcomed its inaugural class of 70 occupational therapy and physical therapy students.

The state-of-the-art building is 55,000 square feet, with a central atrium that encompasses all three stories. The tech-rich environment incorporates multimedia with cameras that allow students to see a close-up demonstration during class, as well as view a recording of the session.

The nine clinical laboratories include a neurological lab room, simulation lab, multiple skills labs, a human anatomy and a virtual anatomy lab. The multimedia environment also includes four large classrooms and six seminar rooms. 

The building was designed as a place where students can congregate after class to continue learning. The open architecture allows for multiple collaboration spaces, and the building includes a café and break room with lockers. The myriad of windows lets in natural light, making it a place where students want to be.

The Murphy Deming College of Health Sciences is currently training doctoral students in both physical therapy and occupational therapy, with plans to add a master’s degree for physician assistants and a degree-completion program for nurses in 2015.

The school is located in the center of the Augusta County medical corridor. Adjacent to the Augusta Health hospital complex, it offers easy access to I-64 and is just seven miles from Mary Baldwin’s main campus.

The Murphy Deming College of Health Sciences is another example of how Virginia’s higher education institutions are using cutting edge technology to prepare a workforce ready to add value as soon as they enter the employment pipeline. To learn more about Virginia’s world-class education system, click here.

Mary Baldwin College welcomes its inaugural class of occupational and physical therapy students at the Murphy Deming College of Health Sciences new building in Fishersville, Va. Photo courtesy of Mary Baldwin College.

VCU’s da Vinci Center Offers Real-World Interdisciplinary Training

Tuesday, 16 September 2014 09:10 by Info@YesVirginia.org
Where can a student work on a live project alongside classmates from the Schools of Arts, Business, Engineering, and the Humanities and Sciences? VCU’s da Vinci Center...

Where can a student work on a live project alongside classmates from the Schools of Arts, Business, Engineering, and the Humanities and Sciences? VCU’s da Vinci Center.

Companies in the greater Richmond area submit a product innovation problem to the da Vinci Center. Art, design, business and engineering students then work on cross-functional teams to develop an innovative solution, sponsored by the company.

The da Vinci Center prepares Virginia students to enter the workforce and hit the ground running, armed with the innovative and entrepreneurial thinking they will need to tackle everyday problems on the job. While students major in one area of study, the program allows them to see through the lens of multiple disciplines. It also emulates the way different departments work together to solve problems in a corporate environment.

Housed in the Pauley Pavilion, part of the School of Engineering, the center offers a multi-use space that facilitates product development from idea generation to market validation. Students have access to rapid prototyping machines and computer modeling and 3D object scanning equipment.

VEDP’s own economist, Michael Gilbert, was a da Vinci Center participant during his time at VCU. He worked on a minimally-invasive surgery trainer for physicians at MCV.

“The experience gained was invaluable,” said Gilbert. “Working on a cross-functional team with students from the School of the Arts, School of Engineering, and School of Business provided me insight and skills I still use today. Developing intellectual property on the team and through the course as an undergraduate is something I will never forget.”

The center offers two programs — an Undergraduate Certificate in Product Innovation and a Master of Product Innovation. The center is currently accepting applications for its spring 2015 class.

The da Vinci Center is yet another example of the cutting edge programs Virginia’s colleges and universities offer to prepare the workforce of tomorrow. To learn more about the Commonwealth’s premier higher education system, click here.

A group of students at VCU’s da Vinci Center develop a surgery trainer for MCV physicians. Photo courtesy of VCU da Vinci Center project team.

VEDP Receives Six Communications Awards at the 2014 SEDC Annual Conference

Wednesday, 3 September 2014 10:06 by Info@YesVirginia.org
VEDP received six communications awards for its marketing collateral at the SEDC (Southern Economic Development Council) Communication Awards Ceremony...

VEDP received six communications awards for its marketing collateral at the SEDC (Southern Economic Development Council) Communication Awards Ceremony.

The ceremony was held this August in conjunction with the 2014 SEDC Annual Conference in Atlanta, where more than 350 economic development professionals gathered for three days to learn about current economic development trends and strategies.

The six awards presented to VEDP included:

  • Special Judges Award for Online Content and Mobile Access recognizing VEDP’s website
  • Award of SUPERIOR for VEDP’s website relaunch
  • Award of EXCELLENCE for VEDP’s pocket brochure Map Out Success for Your Business in Virginia
  • Award of MERIT for VEDP’s annual report Results 2013
  • Award of MERIT for the VEDP marketing video Business Legacies Begin in Virginia
  • Award of MERIT in Thinking Outside the Box for VEDP’s webinar Innovation in Virginia: Live from the National Innovation Summit

“VEDP hit the mark this year with their marketing campaigns,” said SEDC President Gene Stinson. “These campaigns not only show creativity, but also solid messaging and effectiveness at reaching their target audiences. We were wowed by all the entries we received this year, and were impressed with the high level of marketing work being done in economic development by SEDC members.

The judging panel consisted of economic development consultants, practitioners and design professionals from across the southern U.S. Criteria included graphic appeal, clarity of message, quality of information, positioning, differentiation and format.

VEDP markets the Commonwealth of Virginia to companies seeking new business locations, expansion and international trade opportunities. To see examples of VEDP’s award-winning marketing materials and learn why Virginia is the Best State for Business, click here.

VEDP Vice President of Business Attraction Mike Lehmkuhler accepts the Special Judges Award for Online Content and Mobile access on behalf of VEDP from SEDC Chairman Hal Johnson.

Volvo Trucks Opens New Customer Experience Track in New River Valley

Thursday, 21 August 2014 15:54 by Info@YesVirginia.org
Last week, Governor McAuliffe celebrated the opening of Volvo Trucks’ new Customer Experience Track with a ribbon-cutting ceremony in Dublin, Va...

Last week, Governor McAuliffe celebrated the opening of Volvo Trucks’ new Customer Experience Track with a ribbon-cutting ceremony in Dublin, Va.

The 1.1 mile track features two paved lanes, straight-a-ways and eight percent super-elevated curves to simulate highway conditions. There is also an off-road portion to replicate more challenging conditions, showcasing the range of the company’s Class 8 vehicles.

The track is located on the company’s nearly 300-acre New River Valley campus, which contains the largest Volvo Truck manufacturing facility in the world at 1.6 million square feet. The plant is certified to ISO 500001 energy, ISO 9001 quality and ISO 14001 environmental standards.

The company drew from the expertise of its advanced manufacturing workforce to design and build the track. Employees even had a role in naming it the Twin Oaks Track after deciding to keep two oak trees in the center of the course.

Market demand has made significant strides since the recession, with the plant employing more than 2,500 workers. Earlier this summer, the company invested $69 million to add state-of-the-art equipment and redesign the facility to further improve efficiency and product quality, creating 200 new jobs in the process.

The track will likely draw additional customers to the New River Valley region to visit the plant and test drive potential Volvo Truck purchases.

It also augments Virginia’s thriving automotive industry which includes assets like the Virginia Tech Transportation Institute, National Tire Research Center, SoVA Motion, National Crash Analysis Center, CCAM, C-CARE and the Virginia Modeling and Simulation Center, to name a few.

To learn why more than 150 automotive companies call Virginia home and have announced $1.1 billion in capital investment over the last 10 years, click here.

Governor McAuliffe takes a test drive on Volvo Trucks’ new Customer Experience Track in Dublin, Va.

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Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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Tessy Plastics - Second Injection Molding Company to Expand in Virginia in 45 Days

Tuesday, 7 February 2012 09:50 by Info@YesVirginia.org
Virginia is a great place for plastics companies. With Rubbermaid Commercial Products announcing an expansion in December, Tessy Plastic’s January announcement is a strong indicator that injection molding companies are on the rise in the Commonwealth...

Virginia is a great place for plastics companies. With Rubbermaid Commercial Products announcing an expansion in December, Tessy Plastic’s January announcement is a strong indicator that injection molding companies are on the rise in the Commonwealth.

Operating in Lynchburg, Va., since 1997, Tessy Plastics plans to invest $4.8 million to expand its current 60,000-square-foot facility by nearly 30,000 square feet. The new space will be used for additional high-technology injection molding, robotics and assembly equipment, primarily serving the company’s growing medical sector. The project will create 60 new jobs, adding to the company’s 143-person Virginia workforce.

Tessy Plastics selected Lynchburg, Va., due to its proximity to the company’s customer base and confidence in the local workforce. “We at Tessy Plastics have an excellent, hardworking and honest workforce. With our great employees and the partnership with the city of Lynchburg and the state of Virginia, I look forward to investing in our future to make us a stronger, more efficient company which will help us stay competitive in a global market,” said Tessy Plastics President Ken Beck.

Virginia is able to attract leading plastics companies due to its strategic East Coast location, world-class transportation system, competitive operating costs and its highly skilled workforce, referenced above.  Virginia’s higher education system offers a number of training programs to meet the needs of the plastics industry. Those programs include the High Performance Manufacturing Technician certification offered through the Virginia Community College System, the Certificate in Polymer Manufacturing Processes at Danville Community College, the Advanced Manufacturing and Packaging Technology curriculum at Dabney S. Lancaster Community College, and the Center for High Performance Manufacturing and the Macromolecules and Interfaces Institute, both at Virginia Tech.

With more than 200 plastics companies operating in the Commonwealth, Virginia actively participates in industry events, such as the Plastics News Executive Forum and the upcoming National Plastics Expo in Orlando, Fl., from April 2-5. Come visit VEDP at booth #174 to learn more about Virginia’s strengths in the plastics industry.

U.S. Secretary of Commerce Visits Virginia Company Paramount Industrial Cos.

Monday, 6 February 2012 09:32 by Info@YesVirginia.org

U.S. Secretary of Commerce John Bryson recently toured the factory floor of Paramount Industrial Cos., located in Norfolk, Va. The visit came a day after President Obama’s State of the Union address, in which the President emphasized the importance of building the U.S. manufacturing base and keeping these jobs stateside.

Paramount Industrial is the first national mattress manufacturer to be Made in USA Certified®. Established during the Great Depression, Paramount Industrial is a third-generation, family-owned business that has been part of the Norfolk community since 1933. The company’s mattress line includes: A.H. Beard, Back Performance, Boutique Hotel, GoodNite Kids, Heavy Duty, Nature’s Spa, Quilt O PEDIC and Sleep for Success.

With mattress sales correlated to the housing market, Paramount Industrial has investigated ways to expand into international markets. Working with the Virginia Economic Development Partnership (VEDP), the company has visited China on multiple occasions to pursue sales opportunities. This past July, Paramount Industrial was accepted into VEDP’s Virginia Leaders in Export Trade (VALET) program as part of its 20th class. The award-winning VALET program assists established Virginia companies with their global marketing efforts through a two-year business acceleration program. Through marketing trips and introductions to a team of international service providers, companies experience an 88 percent increase in international sales, on average.

To learn more about VEDP’s programs helping Virginia companies to export across the globe click here. Or if you’re an international company interested in locating in Virginia click here.

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CCAM Receives 2012 Manufacturing Leadership 100 Award

Friday, 27 January 2012 14:53 by Info@YesVirginia.org
Virginia’s Commonwealth Center for Advanced Manufacturing (CCAM) recently won a 2012 Manufacturing Leadership 100 Award (ML100) in the category of New Workforce. The awards are presented by Manufacturing Executive, a division of Thomas Publishing LLC of New York.

Virginia’s Commonwealth Center for Advanced Manufacturing (CCAM) recently won a 2012 Manufacturing Leadership 100 Award (ML100) in the category of New Workforce. The awards are presented by Manufacturing Executive, a division of Thomas Publishing LLC of New York.

Created eight years ago, the ML100 Awards recognize excellence, innovation and transformational projects in the field of manufacturing. The New Workforce category seeks to honor companies that “have come up with innovative ways to bring new workers with critically needed new skills into the workplace, and to allow them to productively collaborate with and learn from existing knowledge experts. Winning projects, for example, will involve education and training, knowledge management and transfer, and collaboration with educational institutions,” according to Manufacturing Executive.

The award criteria is a near perfect description of CCAM, which brings together leading manufacturing companies and top educational institutions to collaborate and develop new technologies that result in a more efficient manufacturing process. Canon Virginia Inc., Chromalloy, Newport News Shipbuilding, Rolls-Royce, Sandvik Coromant and Siemens are a few of the market leading companies that participate in the program with the University of Virginia, Virginia Tech and Virginia State University. CCAM’s research efforts focus on developing solutions for surface engineering and manufacturing systems. Research is already underway in labs at UVA and Virginia Tech while CCAM's 60,000 square-foot, high-technology facility is expected to open in September 2012 in Prince George County, Va.

To learn more about Virginia’s internationally recognized R&D facilities and why companies choose Virginia for its access to cutting-edge research and technology, click here.

Virginia’s Community College System Receives Innovation in Government Award

Thursday, 19 January 2012 15:29 by Info@YesVirginia.org
Virginia’s Community College System was recently awarded the Innovation in Government award for the development of an online career and educational tool called the Virginia Education Wizard.

Virginia’s Community College System was recently awarded the Innovation in Government award for the development of an online career and educational tool called the Virginia Education Wizard. The award was given by the L. Douglas Wilder School of Government and Public Affairs at Virginia Commonwealth University as part of its Excellence in Virginia Government Awards, recognizing outstanding contributions that have a significant impact on Virginia’s citizens.

The Virginia Education Wizard, located at www.vawizard.org, allows users to narrow down their choice of career by taking a number of interest, value and skill assessment tests. It then provides information on colleges offering programs in the targeted subject area. The site also offers students and parents information on planning for college, including test preparation and financial aid. This is all accomplished with the assistance of an online guide, named Ginny, who walks users through each step.

Developed by Chmura Economics & Analytics in tandem with IT professionals at Virginia’s Community Colleges, the website pulls in real-time market data from Chmura Economics & Analytics. Since its launch in March 2009, more than 314,000 individual accounts have been created. The site also topped one million visits in August 2011. The tool is successfully being used not only by high school students, but also by career coaches and guidance counselors, as it provides one location with everything needed for the college planning process.

The success of the Virginia Education Wizard illustrates the strength of Virginia’s excellent education system, preparing a highly skilled workforce to support a wide variety of industry needs. Virginia’s Community College System was developed more than 40 years ago and provides occupational and technical training programs through its 23 schools across 40 campuses. With nearly half a million students taking classes each year, companies located in Virginia have access to a steady stream of highly trained employees.

To learn how Virginia’s quality workforce can support your industry click here.

Virginia’s Region 2000 Wins Public-Private Partnership Award

Tuesday, 17 January 2012 15:47 by Info@YesVirginia.org
Region 2000, representing the 2,000 square miles surrounding Lynchburg, Va., received the Public-Private Partnership award for its work in establishing a collaborative environment between leading businesses and educational institutions to foster regional economic development.

Region 2000, representing the 2,000 square miles surrounding Lynchburg, Va., received the Public-Private Partnership award for its work in establishing a collaborative environment between leading businesses and educational institutions to foster regional economic development. The award is part of the Excellence in Virginia Government Awards given by the L. Douglas Wilder School of Government and Public Affairs at Virginia Commonwealth University.

Region 2000 partners with six organizations to provide economic development, regional planning, workforce training and networking opportunities for the Lynchburg area. One of its newest organizations is the Center for Advanced Engineering and Research (CAER), a R&D center established to provide local companies with access to university research to speed the development of innovative products and technologies.

The Center for Advanced Engineering and Research opened in August 2011 and currently comprises three facilities. First, the CAER Research and Education Facility, located at New London Business and Technology Park in Bedford County, includes a nuclear power plant room simulator, three-dimensional simulation computing capability, research labs and a cognitive radio test room. Second, CAER operates a Wireless Test Facility in conjunction with Liberty University. This Open Area Test Site, originally developed by Ericsson, is designed to conduct Electro Magnetic compatibility testing. Third, the Wireless Sensor Lab operates as a partnership between CAER, the University of Virginia and Central Virginia Community College. This Multiscale Agile Systems Technology Lab supports the research of motes and other miniature electronic devices.

The CAER is a prime example of the many public-private partnerships established across Virginia to expedite innovation in the technology, advanced manufacturing and energy sectors. To learn more about Virginia’s key business sectors click here.

Below  - Governor L. Douglas Wilder congratulates Region 2000 Economic Development Council Director Bryan David.

Virginia – A Leader in High-Tech

Wednesday, 11 January 2012 15:37 by Info@YesVirginia.org
Virginia adds to its dominance in the high-tech sector by winning the new headquarters location for Acentia, a premier provider of technology and management solutions for both federal and commercial customers, which has moved from Maryland to its new home in Fairfax County. The project includes a $3.1 million investment and the creation of 60 new jobs for the Commonwealth.

Virginia adds to its dominance in the high-tech sector by winning the new headquarters location for Acentia, a premier provider of technology and management solutions for both federal and commercial customers, which has moved from Maryland to its new home in Fairfax County. The project includes a $3.1 million investment and the creation of 60 new jobs for the Commonwealth.

While high-tech is often associated with the Silicon Valley, Virginia actually has the highest concentration of high-tech companies in the country. That’s according to the recently-released Enterprising States 2011: Recovery and Renewal for the 21st Century prepared by Praxis Strategy Group and Joel Kotkin for the U.S. Chamber of Commerce. In 2010 there were 12,999 high-tech firms in Virginia in industries such as Computer Systems Design Services, Engineering Services, Semiconductor and Related Device Manufacturing and Software Publishing. Over the last five years, Virginia’s high-tech sector has grown by 2,305 firms.

In addition to having the highest concentration of high-tech firms, Virginia also has the nation’s highest concentration of high-tech workers, according to the trade publication Cyberstates 2011. High-tech sector jobs grew to 277,575, up 6.7 percent in the Commonwealth from 2005 to 2010. Even more impressive, during this same time period high-tech employment fell by 6 percent nationwide.

Possessing a highly skilled IT workforce was an important part of winning the Acentia headquarters location for Virginia. According to Acentia CEO Todd Stottlemyer, “Fairfax County gives us access to the highly-skilled technical staff and management consultants we need to continue to provide essential services to our customers. As a company with very aggressive growth plans, we are excited about the possibilities that moving our headquarters to Virginia presents to our customers and the entire Acentia team. Our new space should be a springboard to a great 2012 for Acentia.”

To learn why Acentia and other high-tech companies such as CSC, General Dynamics and Northrop Grumman have all chosen Virginia, click here.

Enviva Launches First Shipment from Virginia’s Port of Chesapeake

Monday, 9 January 2012 15:16 by Info@YesVirginia.org
On New Year’s Eve, Enviva LP opened its deep water terminal at Virginia’s Port of Chesapeake. The first shipment, consisting of 28,000 metric tons of wood pellets, is destined for Europe aboard the MV Daishin Maru.

On New Year’s Eve, Enviva LP opened its deep water terminal at Virginia’s Port of Chesapeake. The first shipment, consisting of 28,000 metric tons of wood pellets, is destined for Europe aboard the MV Daishin Maru

Enviva acquired the deep water terminal last January to handle up to three million tons of biomass export to international customers. The company constructed a 157-foot-tall silo at the site, able to store 45,000 metric tons of wood pellets at a time and withstand extreme weather conditions due to its technologically advanced design.

Enviva selected the Port of Chesapeake due to its deep water capacity and ability to handle a variety of vessels, as well as its access to international markets and proximity to biomass sources and other company operations. The company already has a facility in the region, and announced its plans to build a 454,000 metric ton wood pellet manufacturing facility in Southampton County, Va., this past November. The $75 million investment will create 64 new full-time jobs, plus the additional jobs created through the company’s logging supply chain.

With demand for renewable sources of energy expected to increase, Enviva, a leader in biomass fuel manufacturing, is well-positioned for growth. The company expects its facility at the Port of Chesapeake to be a “flagship operation,” as it is ideally situated close to the biomass supply chain with the capabilities to reach global customers. 

To learn more about why Virginia is laying claim to the title, “Energy Capital of the East Coast,” click here.

Amazon.Com Brings 1,350 New Jobs to Virginia

Thursday, 22 December 2011 15:56 by Info@YesVirginia.org
Just in time for the holidays, Amazon.com announced it will invest $135 million to establish two fulfillments centers – one in Chesterfield County and one in Dinwiddie County. 1,350 new jobs will be created from the combined project, which is the largest job announcement Virginia has seen since 2004.

Just in time for the holidays, Amazon.com announced it will invest $135 million to establish two fulfillments centers – one in Chesterfield County and one in Dinwiddie County. 1,350 new jobs will be created from the combined project, which is the largest job announcement Virginia has seen since 2004.

This joint win comes as a result of both counties working over many years to ensure their business parks would attract world class companies like Amazon. The Meadowville Technology Park in Chesterfield and Dinwiddie Commerce Park in Dinwiddie are shovel-ready sites offering sufficient water, gas, and electricity capacity for large business customers, as well as convenient access to I-95, I-85 and the nearby UPS hub.

Due to their central East Coast location, these two fulfillment centers will expand Amazon’s distribution ring across the U.S. and allow the company to easily service customers within one to two business days. Virginia already has a strong reputation for its logistics capabilities reaching both global and domestic markets. The Port of Virginia, with its deep harbor and Suez-class cranes, offers companies the only East Coast location able to hand post-Panamax vessels as first port of call. With two Class I railroads, an Inland Port, and a world-class interstate system, companies located in Virginia can transport goods to customers quickly and cheaply.

Virginia is a popular place for logistics companies with two recent announcement including Ace Hardware and Backcountry.com. To learn more about Virginia’s logistics capabilities and why more than 364 global logistics projects have been announced in the past ten years click here.

German Manufacturer Shifts into High Gear Bringing 80 New Jobs to Virginia Beach

Tuesday, 20 December 2011 15:33 by Info@YesVirginia.org
On Friday, IMS:GEAR Virginia announced plans to expand its manufacturing operations in Virginia Beach, Va. The company has successfully operated in Virginia Beach since 2000, growing to become one of the leading suppliers of car seat gear assemblies to the North American automotive market.

On Friday, IMS:GEAR Virginia announced plans to expand its manufacturing operations in Virginia Beach, Va. The company has successfully operated in Virginia Beach since 2000, growing to become one of the leading suppliers of car seat gear assemblies to the North American automotive market. In order to meet the increasing demand from its Tier 1 customer base, the company is investing $35.5 million in a new facility and additional machinery that will significantly increase its production capacity.  

With global headquarters in Germany, the company certainly had a wide choice of locations. Virginia was able to compete against Georgia and keep the company in the Commonwealth due to Virginia’s favorable business environment and the quality of its workforce. Virginia’s automotive industry employs close to 15,000 people who are well-prepared by the world-class engineering programs offered through Virginia’s higher education system. In addition, the Commonwealth maintains a number of automotive R&D facilities, including the Virginia Tech Transportation Institute, the Virginia Tech Advanced Vehicle Dynamics Lab, The Virginia Tech Center for Automotive Fuel Cell Systems, the National Tire Research Center, the National Crash Analysis Center, the Virginia Institute for Performance Engineering and Research, the University of Virginia Center for Applied Biomechanics, and Old Dominion University’s Full Scale Wind Tunnel at NASA Langley.

Despite concerns about the economy’s impact on the overall industry, automotive manufacturers are still finding a home in Virginia. With 170 automotive companies across the state, Virginia companies cover all aspects of the industry, including vehicle assembly, bodies and trailers, component parts and tires. Virginia’s workforce and pro-business climate continue to attract investment, as more than 100 automotive projects totaling $1.6 billion have created more than 5,540 new jobs over the last ten years. 

Some of the leading automotive companies that have set up operations in the Commonwealth include Federal-Mogul, Continental AG, Dynax America, Goodyear Tire & Rubber, Volvo Trucks North America and Volkswagen of America. To learn more about Virginia’s assets in the automotive industry click here.

Rubbermaid Commercial Products Announces Expansion in Virginia

Monday, 19 December 2011 17:15 by Info@YesVirginia.org

Last Thursday, Rubbermaid Commercial Products (RCP) announced it will create 71 new jobs and invest $67.25 million to expand its manufacturing operations in Winchester and establish a new distribution center in nearby Frederick County. The company has a longstanding relationship with the Commonwealth, as Winchester has also served as the company’s headquarters location since 1968.

The expansion in Winchester will allow the company to increase its production capabilities and improve its energy efficiency by replacing older equipment with state-of-the-art injection molding equipment. In Frederick County, the company is taking over the now-vacant G.E. Lighting facility and will convert this into an updated 454,000-square-foot global logistics center. The availability of a suitable logistics facility close to the company’s headquarters certainly aided the Commonwealth in securing this project.

Known for its leading commercial cleaning and sanitation products, RCP’s growth includes both domestic and global customers, such as Shangri-La Hotels worldwide and the Hong Kong Airport. Virginia’s superior logistics capabilities were a critical advantage in winning this deal. Both locations provide convenient access to I-66 and I-81, and with the Virginia Inland Port only a few miles away, the company can access international markets through the Port of Virginia.   

The Winchester-Frederick County area is quickly becoming a hub for global manufacturing companies. O’Sullivan Films, Federal-Mogul, Kraft Foods, H.P. Hood and Thermo-Fisher Scientific are just a few of the leading manufacturers that have chosen to expand operations in the area. To learn more about Virginia’s manufacturing capabilities and why these companies said yes to Virginia click here.

Transportation Gains Momentum in Virginia

Friday, 9 December 2011 15:29 by Info@YesVirginia.org
VEDP recently hosted a Global Logistics Forum for Virginia economic developers, site selection consultants and logistics providers to discuss supply chain market dynamics. Hitting maximum capacity, this gathering couldn’t have been more timely given the recent activity in transportation infrastructure projects across the Commonwealth.

VEDP recently hosted a Global Logistics Forum for Virginia economic developers, site selection consultants and logistics providers to discuss supply chain market dynamics. Hitting maximum capacity, this gathering couldn’t have been more timely given the recent activity in transportation infrastructure projects across the Commonwealth. 

The Governor’s 2011 transportation proposal was the largest investment road and railways had seen in 25 years. In addition, Virginia’s transportation infrastructure has been strengthened by a flurry of recent public-private partnerships announcing improvements to  Route 58 and the Coalfields Expressway in Southwestern Virginia, the I-95 HOV/Hot lanes project in Northern Virginia, and the Midtown Tunnel and MLK Expressway extension project in the Hampton Road region.

And just why is transportation getting all this attention? It appears word has gotten out that transportation infrastructure and economic development are directly related. This was a key theme of the VEDP Global Logistics Forum, and in the words of Governor McDonnell the two are “inextricably linked”. Bringing companies and jobs to Virginia brings more people to the Commonwealth, and these additional people add more cars to the roads and consume more goods, requiring more freight to be delivered to communities. Nationally, freight is expected to increase 19 percent by the year 2022. Without investment in maintaining and expanding this infrastructure, inefficiencies will result in a competitive disadvantage, certainly felt more acutely in an environment of increasing energy costs.

Virginia is fortunate to a have a truly intermodal system of transportation spanning the water, railways, roads, air and even into space. As each mode is related to the entire system, an increase or decrease in efficiency in one mode affects the entire system. This interdependency acts as a multiplier effect, thus any investment to improve one mode, exponentially improves the efficiency of the entire transit system. 

The Commonwealth’s transportation system is certainly getting the attention and investment it deserves in order to, literally, lay the groundwork for Virginia’s future growth. As Virginia seeks to advance its position as CNBC’s Top State for Business, improvements to transportation infrastructure allow the Commonwealth to compete at the global level and attract businesses, jobs and consumers to Virginia.

To learn more about Virginia’s global logistics assets and why the Commonwealth is a leading gateway to the world click here.

(Pictured below:  VEDP Logistics Business Development Manager, Warren Hammer, presents Virginia’s transportation assets to a group of industry professionals.)

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About VEDP

Virginia Economic Development Partnership is the Best State for Business

The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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Virginia Receives an “A” for Small Business Friendliness

Tuesday, 18 August 2015 14:39 by Info@YesVirginia.org
Virginia received an A for overall friendliness on Thumbtack.com’s fourth annual Small Business Friendliness Survey. Virginia was the highest ranked state in the Mid-Atlantic and top 10 nationwide. Nearby competitors Maryland received a D+ and North Carolina a B-...

Virginia received an A for overall friendliness on Thumbtack.com’s fourth annual Small Business Friendliness Survey. Virginia was the highest ranked state in the Mid-Atlantic and top 10 nationwide. Nearby competitors Maryland received a D+ and North Carolina a B-.

Thumbtack.com surveyed 17,633 small businesses across the U.S. with 36 questions to evaluate the friendliness of state and local policies toward small businesses on more than a dozen metrics.

Highlights for the Commonwealth include an A+ for ease of starting a business, licensing regulations and environmental factors.   

“Small business owners on Thumbtack have consistently told us that they welcome support from their governments but are frequently frustrated by unnecessary bureaucratic obstacles,” said Jon Lieber, chief economist of Thumbtack.com. “Virginia's policies that support entrepreneurs could provide a helpful guide as we fight a general decline in business startups nationwide.”

“There is an excellent climate for small business in Virginia,” commented a translator and professor in Roanoke. “It is a great place to start and run a business because the state offers support, networking, referral and community enthusiasm.”

Richmond was ranked the No. 3 friendliest city in the U.S. and received an A+.

The survey results once again illustrate that Virginia is a great place for entrepreneurs to start and grow a business. To learn more about the Commonwealth’s pro-business policies, strategic location, competitive operating costs, leading research institutions and highly educated workforce, click here.

Image courtesy of Thumbtack.com

Classes Commence at the Southern Virginia Higher Education Center’s IT Academy

Thursday, 13 August 2015 13:32 by Info@YesVirginia.org
Classes start this Monday, August 17, at the Southern Virginia Higher Education Center’s IT Academy. The IT Academy offers a fast track for students to gain the knowledge and credentials to quickly obtain employment in the technology sector...

Classes start this Monday, August 17, at the Southern Virginia Higher Education Center’s IT Academy.

The IT Academy offers a fast track for students to gain the knowledge and credentials to quickly obtain employment in the technology sector.

Seventeen students are enrolled in the first cohort, with classes scheduled Monday – Thursday evenings over a four month period. Afterwards, students can test for the Computing Technology Industry Association A+, Network+ and Server+ certifications. SVHEC is a member of the CompTIA Authorized Partner Program. 

Classes will take place in the newly renovated, 5,013-square-foot lab at SVHEC in South Boston, Va. The lab includes a data center, hardware repair center, computer-based classroom and conference area to closely approximate a real-world environment.

“We are seeing what I call a market correction in education with an increasing emphasis on students earning third-party credentials. The hands-on, intensive nature of the program allows students to quickly learn the skills they need to be successful in the workplace. Initiatives like the IT Academy are critical to closing the skills gap and preparing the region with skilled workers needed for jobs available right here, right now,” said Dr. Betty Adams, executive director of the SVHEC.

SVHEC and its partners initially designed the academy’s core curriculum around the three certifications and will develop advanced training based on needs and recommendations from major employers in the region. SVHEC worked closely with the Mid-Atlantic Broadband Cooperative, ATOS/Microsoft and HP to launch the academy.

The academy was announced in September 2014 after the Virginia Tobacco Indemnification & Community Revitalization Commission approved grant funding. Governor McAuliffe gave the keynote address at the ribbon-cutting ceremony this June.

To learn more about the program or sign up for the next cohort in June, visit http://www.svhec.org/ita.

The SVHEC IT Academy is another example of the cutting-edge training programs available across the Commonwealth. To learn how Virginia’s workforce can be the advantage for your business, click here.

Governor McAuliffe, Secretary Maurice Jones and SVHEC Executive Director Dr. Betty Adams join members of SVHEC and local officials at the IT Academy ribbon-cutting ceremony in June. Photo courtesy of SVHEC/Drew Morris.

RaesWear — Pouch Pants that Solve the Storage Problem

Thursday, 23 July 2015 16:49 by Info@YesVirginia.org
When entrepreneur Leigh Cockram was traveling on business in the summer of 2012, she struggled to find a way to store her hotel key, money and phone while going for a run. She thought, “There’s gotta be a better way,” so she created one...

When entrepreneur Leigh Cockram was traveling on business in the summer of 2012, she struggled to find a way to store her hotel key, money and phone while going for a run. She thought, “There’s gotta be a better way,” so she created one.

The RaesWear concept includes a patented design with a front and back pocket along the entire length of the waistband. The runner uses one of two access points on the front and back to stow a variety of gear, without the fear that it will slip out or pull on their shorts or tights.

The company was named after Leigh’s grandfather, Ray, who was a gunner in the Army Air Corp. during World War II. Rae became a family name passed down to future generations and was a nice pun on race wear, while honoring the legacy of service established by her grandfather.

Leigh began making prototypes herself in 2012, and was directed by The Launch Place to a designer in North Carolina to make additional samples. Realizing she wanted to work closer to home and manufacture the products in Virginia, Leigh connected with Mollie’s Originals in Martinsville in 2014, and they have been manufacturing the products ever since.

RaesWear began with one pair of running tights and has grown to 13 products, including shorts, skorts, capris, tights and pants. While initially designed for athletes, customers are using the clothes for both exercise and throughout the day.

The company’s website at www.RaesWear.com was launched in December 2014, and products are sold online and at Mollie’s Originals. Leigh and her husband have used grass roots efforts, from social media YouTube videos, to appearances at marathon expos, to get the word out. They plan to start a paid advertising campaign shortly. 

They have also received requests to develop a product for men, and are currently working on a menswear line.

In true entrepreneurial fashion, Leigh has kept her day job and works on RaesWear at night and on the weekends from her home. Her husband has transitioned to support RaesWear full-time. 

“The best analogy I can give for running a business is being pregnant. You’re excited and nervous and you stay up at night wondering if things will be okay. And then you have your baby and it’s wonderful, but you’re always stressed and going through peaks and valleys, wondering if you’re doing the right things to make your child a success. It’s a true roller coaster, but very rewarding to take an idea from concept to reality all on our own,” said Leigh Cockram.

RaesWear is another strong example of the innovation and creativity of Virginia entrepreneurs. To learn why the Commonwealth is a great location to grow a business, click here.

Leigh Cockram, RaesWear owner, stands next to a display of her company’s pocketed athletic products at Mollie’s Originals in Martinsville, Va. Photo courtesy of Leigh Cockram.

Wise, Virginia is Home to First FAA Approved Drone Delivery of Medical Supplies in the U.S.

Friday, 17 July 2015 15:18 by Info@YesVirginia.org
Today’s event, called Let’s Fly Wisely, is the first FAA approved delivery of medical supplies by drone in the U.S...

Today’s event, called Let’s Fly Wisely, marked the first FAA approved delivery of medical supplies by drone in the U.S.

This research mission was overseen by the Mid-Atlantic Aviation Partnership, one of only six groups across the U.S. that won FAA approval to conduct Unmanned Aerial System research at sites across Virginia, New Jersey and Maryland. MAPP is headquartered at Virginia Tech’s Institute of Critical Technology and Applied Sciences.

The mission began when NASA Langley Research Center flew about twenty prescriptions from Tazewell County Airport to the Lonesome Pine Airport in Wise, Va., in an SR22 aircraft. The plane was operated remotely, but had a pilot on board for backup and safety purposes.

The prescriptions were then transferred into smaller packages, flown in 10-pound drones provided by Australian company Flirtey Inc. and delivered to the Remote Area Medical tent at the Wise County Fairgrounds. Remote Area Medical has served the people of Wise County for more than 15 years.

This project demonstrates one of the humanitarian outcomes of UAS technology could include delivery of medical supplies to underserved or remote areas.

Flirtey Inc. Founder and CEO Matt Sweeney called this a “Kitty Hawk moment” for Wise County and the UAS industry.

The success of this event and its location in the Commonwealth furthers Virginia’s leadership position in the aerospace industry. To learn why more than 260 aerospace companies have chosen to operate in Virginia, click here.

Governor McAuliffe holds one of the first medical prescriptions delivered by drone in the U.S. at the Let’s Fly Wisely event in Wise, Va. Photo courtesy of Virginia Tech College of Engineering.

Virginia’s Colleges and Universities Make Another Strong Showing on MONEY’s Best Colleges List

Tuesday, 14 July 2015 17:16 by Info@YesVirginia.org
Once again, Virginia’s higher education institutions made a strong showing on MONEY Magazine’s 2015 Best Colleges List...

Once again, Virginia’s higher education institutions made a strong showing on MONEY Magazine’s 2015 Best Colleges List

10 Virginia institutions made the Top 200 overall:  University of Virginia (No. 17), Washington and Lee University (No. 24), Virginia Military Institute (No. 48), Virginia Tech (also tied at No. 48), James Madison University (No. 59), College of William and Mary (No. 75), University of Richmond (No. 105), University of Mary Washington (No. 119), George Mason University (No. 127), and Hampden-Sydney College (No. 157).

The Commonwealth had seven schools make the Top 50 Best Public Colleges list:  UVA was No. 4, Virginia Tech and VMI both tied for No. 15, JMU tied with another school for No. 19, College of William and Mary was in a three-way tie for No. 26, University of Mary Washington tied with another school for No. 42, and GMU rounded out the list in a three-way tie for No. 47.

Virginia also had strong results in the Top 50 Best Liberal Arts Colleges list with four schools:  Washington and Lee was No. 4, VMI was No. 10, University of Richmond tied with another school for No. 26, and Hampden-Sydney College was No. 38.  

Bridgewater College was counted among the Top 50 Most Affordable Private Colleges and Hampton University was included in the Top 50 Colleges That Add the Most Value list.

The editors at MONEY Magazine only included the 736 schools with an above-median graduation rate from the list of 1,500 four-year colleges and universities in the U.S. The schools were then ranked on 21 factors falling into the three categories of quality of education, affordability and outcomes.

Virginia’s world-class education system is currently serving more than 575,000 students who will provide a steady pipeline to support the Commonwealth’s current industry needs. To learn why Virginia’s higher education institutions continue to be highly ranked, click here.

A view of The Rotunda at University of Virginia, ranked No. 4 on MONEY Magazine’s Top 50 Best Public Colleges list for 2015. Photo courtesy of Virginia Tourism Corp.

University of Mary Washington’s Convergence Center Joins Learning and Technology

Tuesday, 30 June 2015 16:39 by Info@YesVirginia.org
The University of Mary Washington’s energetic new learning facility, the Information and Technology Convergence Center, was completed fall 2014...

The University of Mary Washington’s energetic new learning facility, the Information and Technology Convergence Center, was completed fall 2014.

This technology-rich, four-story building offers UMW students and faculty a “commons” space that includes a digital auditorium, 10 conference rooms, four high-tech classrooms, audio/video production space, and multiple collaboration, study and meeting spaces through an open design. It also houses UMW’s speaking and writing centers, along with a café.

Visitors are greeted by a multi-story media wall in the atrium that uses laser phosphor display technology to showcase student work. The digital gallery on the third floor also features student artwork on interactive touchscreens.

The Convergence Center houses a production studio with a 180 degree green screen, high definition cameras, teleprompters, a control room and an audio recording booth. The multimedia editing lab has five iMacs loaded with a full suite of A/V editing software so students obtain real-world experience.

The center also holds a two-story digital auditorium that can seat 150 people for classes, lectures or performances. The auditorium has three screens and a full theatrical lighting system. It also opens up into a lobby and garden that can be used to host events holding up to 300 people.

Sprinkled throughout the center are collaboration spaces and conference rooms that have conferencing capabilities, projectors and flat-panel displays. There is even an incubator classroom that allows professors to experiment with the latest technology. The modular design is complemented by high definition projectors, cameras, flat screen displays and wireless microphones.

UMW’s Convergence Center has become a central gathering place for students to learn and engage with their schoolwork in an interactive, high-tech environment. It is another example of the state-of-the-art technology Virginia’s higher education institutions are using to train the 21st century workforce. To learn more about the Commonwealth’s premier educational offerings, click here.

VEDP gets a tour of the digital auditorium at UMW’s Information and Technology Convergence Center.

Virginia Western Community College Offers Cutting-Edge Mechatronics Training

Monday, 22 June 2015 15:07 by Info@YesVirginia.org
Mechatronics is a growing interdisciplinary field that incorporates mechanical and electrical engineering with computer science and looks at industrial operations from a system-wide perspective...

Mechatronics is a growing interdisciplinary field that incorporates mechanical and electrical engineering with computer science and looks at industrial operations from a system-wide perspective.

Students in this field become well-versed in electro-mechanics, computers, digital control systems, robotics and mechanical CAD, and go on to pursue careers in the automotive, aerospace, defense, consumer and manufacturing industries.

Virginia Western Community College offers three programs in mechatronics. First, students can earn a certificate that will allow them to take Level 1 of the Siemens Mechatronic Systems Certification Program. Second, students earning a two-year associate degree can sit for Level 2 of the Siemens certification. And, third, students completing the two-year program who go on to a university and earn a four-year degree can sit for Level 3 of the Siemens certification.

The Siemens Mechatronic Systems Certification is an industry standard with worldwide recognition allowing students to illustrate to employers that they are qualified and ready to work as technicians. The college began offering mechatronics courses in 2008, and now has 100 students in the program.

VWCC is one of only 35 colleges in the world that offers a certified Siemens Mechatronics program.

VWCC is actively engaged with high school students in the area. Through The Regional Academy for Advanced Technology it offers both engineering and mechatronics training for high school juniors and seniors interested in a STEM (science, technology, engineering and math) career. Currently, about 250 students are enrolled in The Regional Academy.

VWCC maintains an active dialogue with companies in the Roanoke Valley to ensure its training closely aligns with industry requirements. They have held two annual manufacturing summits where faculty meet with employers in the area to better understand their needs. Regional employers have also made commitments to mentor students and donate lab equipment.

“The goal of the mechatronics program at Virginia Western is to prepare students with globally, in-demand skills through local engagement to be well-educated, work-ready engineering technicians,” said Professor Dan Horine, Mechatronics Program Head at VWCC.

VWCC is a great example of the cutting-edge STEM education available through Virginia’s 23-member community college system. To learn how Virginia’s higher education institutions are preparing the workforce of tomorrow, click here.

VWCC mechatronics students commission the FESTO Modular Production System at one of the labs in the School of Science, Technology, Engineering and Mathematics.

Performance Signs — From a Dorm Room to the Highway

Thursday, 21 May 2015 10:30 by Info@YesVirginia.org
Founder Robbie Morris was an engineering student at Virginia Tech when he started making decals for his brother’s stock car racing team. Robbie actually ran the decal machine out of his dorm room in the fall of 1995...

Founder Robbie Morris was an engineering student at Virginia Tech when he started making decals for his brother’s stock car racing team. Robbie actually ran the decal machine out of his dorm room in the fall of 1995.

While out on an engineering co-op, Robbie realized he enjoyed the creativity of the sign work much more than the structure of his engineering internship and decided to pursue the sign business full-time.

Today, Performance Signs makes a variety of signs, banners, vehicle lettering, vehicle wraps, window lettering and real estate signs for commercial businesses, public safety vehicles and highways.

Self-awareness is an important trait for entrepreneurs, and surrounding oneself with the right people and skillsets is critical. Robbie found the perfect business partner in his wife Katherine. She came on board full-time in 2004 and made improvements with her ability to manage, schedule and handle the day-to-day business, allowing Robbie to focus on the creative side.

Robbie and Katherine focused on building relationships with their customers and that paid off. “We were doing work for a sign company that supported a police department in Southwest Virginia,” said Performance Signs Founder Robbie Morris. “Those decals were an exact match for the Albemarle police department near us. We were able to approach them and found that there was a need for somebody to serve the public safety vehicles in our area. There’s a tightknit community among the police, fire department and rescue squad, and our relationship with that core group has helped us grow.”

When the recession hit, Robbie and Katherine looked at everything they did in order to be more efficient, from the number of phone lines they needed to the amount of equipment. They also took a calculated risk when a property became available. 

“All indications were that it would be crazy to buy something right now, but it completely came together for us,” said Robbie. “We really felt like God was moving in our lives and the timing was right. We did an SBA 504 loan. It was a lot of work, but through that process it helped us see our business in a new way.”

Robbie and Katherine closed on their building in the fall of 2009, and continuing their quest for efficiency, installed a solar-paneled roof on the 8,000-square-foot facility. Depending upon the time of year, the solar panels generate anywhere from 55-100 percent of the building’s electricity. 

Robbie and Katherine’s tenacity allowed them to successfully bounce back from the recession. The company has doubled sales since 2010 and grown from four to 12 people.

Performance Signs was also just selected to participate in the inaugural class of Ones to Watch, a business mentoring initiative run by the U.S. Senate Productivity and Quality Award Program for Virginia.

As we celebrate Virginia Business Appreciation Month, Performance Signs stands as another great example of the innovation and creativity of Virginia entrepreneurs. To learn why Virginia is a great place to grow a business, click here.

Performance Signs CEO Katherine Morris and Founder Robert Morris outside their company headquarters in Ruckersville, Va.

Release Reels — An Entrepreneur’s Journey from Biking to Fishing

Thursday, 14 May 2015 09:50 by Info@YesVirginia.org
After a hectic career traveling all over the U.S. and Europe as a professional cyclist, all Wes Seigler wanted to do after retiring as an athlete was to relax at his parent’s home in Reedville, Va., and fish every day like he did as a kid...

After a hectic career traveling all over the U.S. and Europe as a professional cyclist,  all Wes Seigler wanted to do after retiring as an athlete was to relax at his parent’s home in Reedville, Va., and fish every day like he did as a kid.

While fishing on the Chesapeake Bay and offshore Virginia, Seigler and his friends soon encountered problems with the performance of the reels they were using. Drawing upon his experience perfecting his own bike gearing and after encouragement from contacts in the cycling industry, Seigler decided to design his own product.

Release Reels was established in 2009. Seigler quickly found himself in the world of POs, RFQs and SKUs and learning what it all meant on the go. He initially started manufacturing in China, but found his intellectual property was leaking into competitors’ products and decided to bring back the manufacturing stateside.

Release Reels makes premium saltwater fishing reels, and the tolerances are very high. The product has to perform perfectly and look sharp. In order to make sure the machining was spot on, he decided to manufacture it himself. Upon being told he couldn’t compete with Asia, Seigler responded, “We can, we just gotta be willing to work.”

The company now operates nine CNC machines and has 10 full-time employees. 100% of the assembly and machining is done in Virginia and 100% of the component parts are made in the U.S. Seigler sources specialty bearings from Florida, gears and springs from Wisconsin and screws from San Diego, all to ensure the product is made in the USA.

“We have to win all categories — that’s the mentality of our company,” said Seigler. Release Reels products outperform in every class — they are smaller and more powerful, while weighing less.

The company also maintains a lifetime warranty on all its products, which no one else in the industry does. “If you purchase a product, I believe you should be able to call somebody and talk to them,” remarked Seigler. “We can fix it inexpensively, since we do all the machining in-house. Customers love the interaction and that carries into their next purchase.”

Release Reels also works with Rappahannock Community College and hires interns with an interest in machining as a career. “Giving a chance to somebody that might not be university bound has been pretty cool. Manufacturing is not what it used to be, it’s technology driven. We run a clean shop and it’s a great environment where people can learn a lot,” said Seigler.

The company’s high standards and customer service have paid off. After beginning with production of 100 reels per month, the company is now selling almost 600 reels per month and building the infrastructure to grow beyond that. They have also expanded into international markets from Europe to Southeast Asia.  

“The international market is huge for us,” noted Seigler. “People love an American-made product. Japan has a large fishing industry with some of the top shops in the world there. Being accepted by those customers is a strong statement for the quality of our products.”

As we celebrate Virginia Business Appreciation Month, Release Reels is a great example of the innovation and entrepreneurial spirit alive in the Commonwealth. To learn more why Virginia is a great place to grow a business, click here.

Release Reels Founder and President Wes Seigler demonstrates the company’s premium saltwater fishing reels for a future customer. Photo courtesy of Release Reels.

NCS Technologies — A Case Study of Innovation During Sequestration

Thursday, 7 May 2015 10:33 by Info@YesVirginia.org
Founded in Northern Virginia in 1996, NCS Technologies made a name for itself as a nimble and responsive small business computer manufacturer and supplier to state and federal agencies, the military, the intelligence community and commercial markets. The company operates out of a modern campus in Gainesville...

Founded in Northern Virginia in 1996, NCS Technologies made a name for itself as a nimble and responsive small business computer manufacturer and supplier to state and federal agencies, the military, the intelligence community and commercial markets. The company operates out of a modern campus in Gainesville.

The company’s products include commercial-off-the-shelf laptops and desktops for offices and schools, high-performance servers for corporate networks, and rugged tablet computers and servers for the military. Over the years, much of the company’s business depended on government.

Like many companies that found a niche serving federal agencies, the impact of sequestration created significant challenges. However, as with all great companies, NCS was able to turn those challenges into opportunities and come out successfully on the other side.

NCS has bounced back to its full pre-sequestration workforce and used the opportunity to diversify its customer base. The company realized that its experience delivering advanced computing products and services to highly demanding government customers could be translated into innovative new products for other growing markets, including healthcare, advanced manufacturing, banking and financial services.

The company kept innovating during the economic downturn and developed the industry’s only zero client laptop. Zero client computers have no operating system or data stored locally. Everything is virtually saved in the cloud, making the data more secure in the event the computer is hacked, lost or stolen.

While global competitors have developed zero client desktops, NCS Technologies is the only company able to master the engineering challenges to fit those capabilities, including patented Wi-Fi capability, into a mobile laptop product.

“Our employees are our greatest investment in innovation,” said John Callahan, vice president of marketing. “They are truly knowledge workers, including electrical engineers, sales representatives, program managers, financial analysts, highly trained assembly-line associates, technical support and customer service employees. Prince William County and surrounding Northern Virginia offers us that range of workforce that helps us excel in a complex, ultra-competitive environment.”

As part of Virginia Business Appreciation Month, NCS Technologies represents the high-growth industry and technological innovation that is alive and well in the Commonwealth. To learn why companies have found success in Virginia for more than 400 years, click here.

The Cirrus LT from NCS Technologies is the world’s first mobile zero client laptop computer. Photo courtesy of NCS Technologies.

 

 

Highground Services — A Successful Graduate of the Franklin Business Incubator

Friday, 1 May 2015 09:34 by Info@YesVirginia.org
John Warren and James Strozier, two former International Paper employees, put their experience together and became entrepreneurs when they created Highground Services in 2006. They co-founded the company with their wives, allowing it to qualify as a veteran-owned, SWAM (small, women-owned and minority) business...

John Warren and James Strozier, two former International Paper employees, put their experience together and became entrepreneurs when they created Highground Services in 2006. They co-founded the company with their wives, allowing it to qualify as a veteran-owned, SWAM (small, women-owned and minority) business.

The company provides high quality engineering services for process control, system automation and instrumentation projects.

The company was off to a fast start — they landed their first contract with International Paper in May 2007 and became a part of the Franklin Business Incubator that December.

When International Paper announced the closing of its Franklin Mill in 2009, this represented a substantial part of Highground Services’ sales.

Rather than be discouraged by the economic downturn and loss of their largest customer, Warren and Strozier seized the opportunity to hire displaced International Paper workers and expand their customer base. They also diversified their business by providing new services, including electrical construction and plant maintenance.

“We made a conscious decision to locate in a historically underutilized business zone and we really value being a part of this community,” said CEO James Strozier. “Our employees are tremendous and they worked tirelessly to help us not only survive, but thrive in what could have been a very challenging time.”

The company’s efforts have paid off in multiple ways. They received the Virginia Business Incubation Association's Donna Noble Incubator Client Award in 2009, UVA’s Darden School of Business Tayloe Murphy Resilience Awards in 2011 and the Franklin/Southampton Chamber of Commerce Business of the Year Award in 2010.

Highground Services has surpassed the $5 million revenue mark for the third straight year, and grown from four founders to 65 employees. The company is also poised to graduate from the Franklin Business Incubator and is in the process of purchasing a building across the street in downtown Franklin.

The entrepreneurial spirit and resiliency of Highground Services is a great reminder of the innovation that exists here in the Commonwealth as we celebrate Virginia Business Appreciation Month. To learn why Virginia offers the resources for entrepreneurs to start and grow their businesses, click here.

Co-founders Jim and Lisa Strozier (center) are joined by local officials in front of their new property in downtown Franklin, Va.

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The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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YesVirginia Business Blog | August 2012

Virginia’s Metro Areas Win Four Top Ten Rankings from Business Facilities Magazine

Friday, 31 August 2012 10:49 by Info@YesVirginia.org
Four Virginia locations received top ten rankings from Business Facilities Magazine’s 2012 Metro Rankings Report. Now in its eighth year, the report recognizes future economic leaders by ranking more than 350 Metropolitan Statistical Areas (MSAs) in 13 categories.

Four Virginia locations received top ten rankings from Business Facilities Magazine’s 2012 Metro Rankings Report. Now in its eighth year, the report recognizes future economic leaders by ranking more than 350 Metropolitan Statistical Areas (MSAs) in 13 categories.

Arlington and Richmond, Va., both earned top ten placements for Best Quality of Life. Virginia’s 57 state and national parks, top-ranked schools, low unemployment and abundant cultural resources routinely garner national attention.

Arlington, ranked No. 3, boasts the highest per capita income and the highest home values in the region, while Richmond, ranked No. 9, offers the state’s top ranked hospital and largest four-year college.

The Blacksburg-Christiansburg-Radford, Va., area received a top five win in the Jobs Growth Leaders category with a No. 4 ranking.  Home to Virginia Tech, Radford University and New River Community College, the region’s rapid growth is supported by a highly educated workforce.

Norfolk, Va., gained the No. 7 spot in the Logistics Leaders - Ports category. The Port of Virginia is the deepest port on the U.S. East Coast, linking Virginia to nearly 400 ports in more than 100 countries worldwide.
 
To learn more about Virginia’s winning combination of outstanding quality of life, strong workforce and excellent infrastructure click here.

GE Celebrates One-Year Anniversary and 100 Hires in Henrico County

Thursday, 30 August 2012 16:46 by Info@YesVirginia.org
Exactly one year after opening its Henrico County Information Security Technology Center, GE has already hired 100 people. Following the company’s announcement in April 2011, GE is ahead of schedule for the 200 new jobs it expects to create over the next few years...

Exactly one year after opening its Henrico County Information Security Technology Center, GE has already hired 100 people.

Following the company’s announcement in April 2011, GE is ahead of schedule for the 200 new jobs it expects to create over the next few years.

With more than 300,000 employees operating in 100 countries, safeguarding GE and customer data is an enormous task. Utilizing the center’s state-of-the-art cyber forensics lab and cyber intelligence monitoring center, teams are focused on developing innovative solutions to keep company information secure.

Locating near a skilled, high-tech workforce was critical for GE. With the highest concentration of high-tech workers according to Cyberstates 2011, Virginia proved to be the right location.

Virginia also offers companies the ability to partner with leading universities at the forefront of research and development in the field of cyber security.

George Mason University’s International Cyber Center, The Hume Center for National Security and Technology at Virginia Tech, and James Madison University’s Institute for Infrastructure and Information Assurance are just a few of the leading programs preparing a solid pipeline of high-tech workers in Virginia.

To learn why companies consider Virginia a world-class center for technology, investing more than $7.9 billion in Virginia IT projects over the last ten years, click here.

Backcountry.com Opens East Coast Fulfillment Center in Montgomery County, Va.

Wednesday, 29 August 2012 13:29 by Info@YesVirginia.org
On Friday, Backcountry.com celebrated the opening of its East Coast fulfillment center in Montgomery County, less than a year after the company announced it would invest $20 million and create 200 new jobs...

On Friday, Backcountry.com celebrated the opening of its East Coast fulfillment center in Montgomery County, less than a year after the company announced it would invest $20 million and create 200 new jobs. 

Secretary Cheng attended the ribbon-cutting ceremony, congratulating the company on its swift progress preparing the facility at Falling Branch Corporate Park.

As the largest online specialty retailer of premium outdoor gear, Backcountry.com is known for its fast delivery times and selected the Commonwealth for its strategic East Coast location and world-class logistics network. With 14 railroads, six major interstate highways, 9 commercial airports and the international Port of Virginia, the Commonwealth offers easy access to customers on the East Coast and beyond. 

To maintain its reputation for excellent customer service, locating near a skilled workforce was critical to Backcountry.com. With its close proximity to the Appalachian Trail and Washington-Jefferson National Forest, Montgomery County caters to outdoor enthusiasts, drawing a talented and passionate labor pool closely aligned with the company’s mission.

Virginia continues to be a leading location for fulfillment and distribution centers—Ace Hardware, Amazon.com, Home Depot, McKesson Corp, QVC, Target and Wal-Mart have all established operations in the Commonwealth.

Over the last ten years global logistics companies have announced more than 360 projects, totaling more than $1.6 billion in capital investment. To learn more about Virginia’s premier location and logistics infrastructure, click here.

Secretary Cheng (left) joins company and local officials as Co-Founder and Executive Chairman Jim Holland cuts the ribbon with one of Backcountry.com’s products.

Global Tech Leader iGATE Expands U.S. Presence in Loudoun County

Wednesday, 22 August 2012 16:16 by Info@YesVirginia.org
Technology leader iGATE recently announced plans to invest more than $1 million to establish a new facility in Loudoun County, bringing 250 new jobs to the area over the next few years...

Technology leader iGATE recently announced plans to invest more than $1 million to establish a new facility in Loudoun County, bringing 250 new jobs to the area over the next few years.

The location in Loudoun County will allow iGATE to further the expansion of its technology consulting services into the U.S. market, particularly with nearby Washington D.C. government agencies and businesses.

Close proximity to the Washington Dulles International Airport was a key advantage, giving a global company like iGATE access to 80 percent of the world’s economies.

The ability to draw upon a highly-skilled, tech-savvy workforce also factored into Virginia’s favor. Due to the consultative nature of the company’s custom technology products, human capital is a critical driver of the company’s success.

Fortunately the Commonwealth has the employee pool to match companies’ workforce needs, with the highest concentration of high-tech workers according to Cyberstates 2011. Companies are taking notice of Virginia’s world-class employee base. Professional, scientific and technical services—a category dependent on a quality workforce—was the top sector for job creation in Virginia last year, announcing almost 13,000 new jobs in 2011.

iGATE Chief Delivery Officer Sean Narayanan recognized the many attributes Virginia offers companies, stating, “We have been impressed with the business and government leaders in Virginia, the high caliber of the workforce, the excellent quality of life, and we look forward to positive, long-term growth and involvement in this area.”

To learn more about Virginia’s unique combination of assets and why companies have been prospering here for more than 400 years, click here.

Commonwealth Laminating & Coating Announces Second Expansion in Nine Months

Tuesday, 21 August 2012 15:00 by Info@YesVirginia.org

Secretary Cheng visited Commonwealth Laminating & Coating’s (CLC) headquarters last week to announce the company’s second expansion in less than nine months.

The company plans to invest $5.45 million to establish a national distribution center in the same business park as its headquarters and manufacturing operation in Martinsville, Va. The project is expected to create 60 new jobs—welcome news as Henry County and Southern Virginia continue to make positive progress towards economic recovery.

This project is further testament to CLC’s success in Virginia, as just last November the company announced its plans to invest $16.5 million to expand its manufacturing facility, creating 40 new jobs. 

With eight locations across five countries, CLC certainly has its pick of locations. Choosing to invest further in Virginia is a compelling endorsement of the Commonwealth’s excellent business environment. In addition, the Henry County location is the company’ sole manufacturing facility, illustrating how Virginia’s manufacturing capabilities can compete on a global level.

Virginia has successfully competed against China, Arizona and North Carolina for CLC’s projects over the last year.

The success of CLC’s solar control window film and high-performance coatings business adds to Virginia’s reputation as a leading location for polymer and film manufacturing companies.

Home to more than 200 plastics companies, over the last decade Virginia has seen more than $1 billion invested by plastics firms in new and expanding facilities. 

Virginia offers the skilled workforce, competitive operating environment and world-class logistics network so important to plastics manufacturing companies. To learn why companies like DuPont, Honeywell, Phoenix Packaging, Rubbermaid, and O’Sullivan Films have all invested in Virginia, click here.

McKee Foods Expands Manufacturing Operation in Augusta County

Friday, 17 August 2012 17:01 by Info@YesVirginia.org
Secretary Cheng recently attended an event at McKee Foods’ Stuarts Draft facility in Augusta County, Va., to announce the company’s planned investment of $19 million to expand the plant, creating 78 new jobs...

Secretary Cheng recently attended an event at McKee Foods’ Stuarts Draft facility in Augusta County, Va., to announce the company’s planned investment of $19 million to expand the plant, creating 78 new jobs.

Best known for its Little Debbie® line of snack cakes, McKee Foods produces a wide range of food products under the Sunbelt®, Heartland® and Fieldstone™ Bakery brands. Increased demand for the company’s line of Little Debbie® donuts is a major driver for the additional production capacity.

Successfully operating in Augusta County for 22 years, the high productivity of the local workforce helped Virginia win this project. The plant’s productivity, measured in cases produced per employee, has improved by 24 percent over the last two years, with the same number of employees and no additional automation.

According to Randy Smith, Vice President, McKee Foods Stuarts Draft operations, “McKee Foods initially recognized the strategic advantage of building a manufacturing facility in August County more than two decades ago. A major point in that decision was seeing that the Shenandoah Valley gave us access to a highly-skilled workforce. Today we’re pleased to be able to expand our production capabilities here.”

In addition to a highly-skilled manufacturing workforce, Virginia allows companies to improve their bottom lines. With a corporate income tax rate of 6 percent, an unemployment tax burden 32 percent lower than the national average, construction costs 16 percent lower than the national average, and favorably priced utility rates, more than 550 food and beverage companies call Virginia home.

To learn why food and beverage manufacturers have invested more than $1.9 billion in Virginia over the last decade, click here.

Virginia is Top 3 Again in Business Facilities’ 2012 State Rankings Report

Wednesday, 15 August 2012 16:46 by Info@YesVirginia.org
Virginia again received a top three ranking in two coveted categories—the Commonwealth was ranked No. 3 in Best Business Climate and No. 2 for Economic Growth Potential. Virginia also received top ten recognition in the categories of Employment Leaders, Credit Quality, Per Capita Income, and Workforce Health and Safety...

Virginia again received a top three ranking in two coveted categories—the Commonwealth was ranked No. 3 in Best Business Climate and No. 2 for Economic Growth Potential. Virginia also received top ten recognition in the categories of Employment Leaders, Credit Quality, Per Capita Income, and Workforce Health and Safety.

As part of its eighth annual ranking, Business Facilities magazine weighed factors such as educational climate, the availability of workforce training, cost of labor, infrastructure, utility costs, credit rating and business tax climate. The magazine gave extra credit to states that have established pro-business policies.

According to Business Facilities magazine, “As the Commonwealth continues to rack up an impressive tally of corporate headquarters relocations, Virginia also has established itself as a high-tech hub with its new Commonwealth Center for Advanced Manufacturing, anchored by jet-engine maker Rolls-Royce.”

Virginia also received recognition for its leadership in two industry sectors— Aerospace and Biotech.

The Commonwealth was ranked No. 7 in the category of Aerospace/Defense Industry Leaders. With more than 230 aerospace companies calling Virginia home, the Commonwealth continues to attract industry leaders such as Alcoa Howmet, Cobham Composite Products, Dynamic Aviation, Northrop Grumman, Dynamic Aviation, Orbital Sciences, Rockwell Collins and Rolls-Royce. First in the nation for Department of Defense Prime Contracts in 2011, companies have invested more than $1.5 billion in relocating or expanding in Virginia over the last 10 years.

Virginia was also ranked No. 2 as an Emerging Biotech Hub. Located in the heart of the Mid-Atlantic life sciences cluster, Virginia offers biotech companies access to 11 federally-funded R&D centers as well as leading private institutions, such as SRI International and the Howard Hughes Medical Institute. With the highest concentration of high-tech workers according to Cyberstates 2011, it’s easy to see why nearly 800 life science companies have chosen to locate operations in the Commonwealth.

To learn why companies have prospered in the Commonwealth for more than 400 years, click here.

World’s Largest Credit Union Expands Virginia Footprint

Monday, 13 August 2012 15:53 by Info@YesVirginia.org
Navy Federal Credit Union recently announced plans to expand its member service operation in Winchester, Va. The multi-million dollar investment will bring 400 new jobs to Frederick County...

Navy Federal Credit Union recently announced plans to expand its member service operation in Winchester, Va. The multi-million dollar investment will bring 400 new jobs to Frederick County.

Virginia successfully competed against Florida, as Navy Federal elected to construct an additional building on its Winchester campus.

Headquartered in Fairfax County, Va., Navy Federal’s additional investment in nearby Frederick County is further testament to the success the company has found in Virginia. Navy Federal has operated its member service center in Frederick County for six years, growing to more than 500 employees at the existing facility.

As the world’s largest credit union with $50 billion in assets, Navy Federal has successfully grown from seven members in 1933 to four million members today. The company serves Department of Defense personnel and their families through a full range of financial products and services.

Member service operations are dependent upon skilled employees to provide excellent customer services critical to their success. The company’s continued growth in Virginia illustrates the high quality and motivation of its premier workforce.

As Navy Federal President and CEO Cutler Dawson said, “We have tremendous team members that work at our Winchester facility. This expansion will allow us to bring aboard even more in the future.”

To learn more about Virginia’s skilled workforce and why companies keep coming to the Commonwealth for its pro-business environment, click here.

Cadence Inc. Celebrates Growth in Virginia—Expansion is Ahead of Schedule

Friday, 10 August 2012 13:57 by Info@YesVirginia.org
Secretary Cheng visited Cadence headquarters in Staunton, Va., to announce the company was well ahead of schedule in both job creation and capital investment for the expansion announced in May 2011...

Secretary Cheng visited Cadence headquarters in Staunton, Va., to announce the company was well ahead of schedule in both job creation and capital investment for the expansion announced in May 2011.

In just over a year, Cadence has filled 55 of the 65 jobs the company announced it would create over a three-year period, and the company expects to create 50 additional jobs by the end of the year. Cadence has already put to work $11 million of the $15 million the company announced it would invest over the same three-year period.

A medical instrument components manufacturer, Cadence’s impressive growth is being fueled by strong demand in the medical device industry. The company manufactures high-performance, custom-made cutting blades used in in surgical devices and scientific applications. As a premier contract manufacturer, the company is a sought-after partner for its manufacturing knowledge and high performance solutions.

With options as far away as Costa Rica, Cadence decided to expand at its existing headquarters location at Green Hills Industry and Technology Park in Staunton, Va. Founded in the Commonwealth in 1985, the company has thrived due to Virginia’s pro-business climate, competitive operating costs, and highly-skilled manufacturing workforce.

“Our impressive job creation story is really a story about great employees doing amazing things that open the door for more employees to join our team,” said Cadence CEO Peter Harris. “So as Virginians and Americans, we should all thank the hard work of many individual Cadence employees for their success in creating jobs during this period of economic challenge for the country.”

To learn why manufacturing companies like Cadence continue to find success in the Commonwealth, investing more than $13.7 billion over the last 10 years, click here.

Secretary Cheng congratulates Cadence employees on their tremendous growth at company headquarters in Staunton, Va.

Morooka America Establishes its First U.S. Track Carrier Manufacturing Plant

Tuesday, 7 August 2012 12:45 by Info@YesVirginia.org
Following Governor McDonnell’s announcement in July, last week Morooka America celebrated the opening of its first U.S. track carrier manufacturing plant in Hanover County. The project will bring 50 new jobs to the Central Virginia region...

Following Governor McDonnell’s announcement in July, last week Morooka America celebrated the opening of its first U.S. track carrier manufacturing plant in Hanover County. The project will bring 50 new jobs to the Central Virginia region.

Morooka America will operate under a license agreement with Japan-based Morooka Company Ltd., a leading manufacturer of rubber track carriers used in the construction, pipeline installation and agricultural industries. Using its specialized rubber tracks, the Morooka Carrier offers the additional traction needed to transport heavy materials through challenging terrain.

With the U.S. as the leading export destination for Morooka products, the Virginia facility will allow the company to optimize its supply chain and more efficiently serve and grow its North and South American markets. 

Virginia offers a strategic location for both the manufacturing and distribution of Morooka’s products. With nearly 240,000 workers employed in the manufacturing industry, Virginia’s workforce stands ready to support the industry’s needs.

In addition, Virginia’s central East Coast location and premier logistics network offer easy access to U.S. and international markets. With 14 railroads, six major interstate highways, nine commercial airports, the international Port of Virginia, and the Virginia Inland Port, the Commonwealth’s substantial logistics infrastructure is a major advantage for companies.

To learn why global manufacturing companies continue to establish operations in Virginia, investing more than $13.7 billion over the last 10 years, click here.

Secretary Cheng addresses the crowd at the Morooka America ribbon-cutting event in Hanover County, Va.

International Paper’s Franklin Mill Finds a New Tenant in Tak Investments

Thursday, 2 August 2012 10:10 by Info@YesVirginia.org
This week, Tak Investments Inc. announced it will invest $60 million and create 85 new jobs to establish a recycled tissue plant for its subsidiary, ST Tissue, in Isle of Wight County...

This week, Tak Investments Inc. announced it will invest $60 million and create 85 new jobs to establish a recycled tissue plant for its subsidiary, ST Tissue, in Isle of Wight County.

A win-win for the company and county, this project will repurpose a vacant portion of the International Paper mill in Franklin, Va., making use of machinery already in place.

This news comes within a month of International Paper’s announcement that it recommenced operations at its formerly-closed Franklin Mill. After closing the mill in 2009, International Paper upfit a portion of the mill to manufacture fluff pulp, bringing more than 200 new jobs to the region.

Location and existing infrastructure were key factors in Virginia’s favor, allowing the Commonwealth to successfully compete against Wisconsin. The Franklin Mill location allows the company to take advantage of an existing facility with paper-making machinery and a trained workforce already in place.

In addition, the location not only aligns with the company’s supply chain, but Virginia’s strategic East Coast location and premier transportation infrastructure will allow the company to capture additional market share. 

This project builds on the success Isle of Wight County has experienced on its way towards economic recovery. Recent announcements from Green Mountain Coffee Roasters and International Paper are expected to bring more than 1,000 jobs to the area.

To learn why leading manufacturers continue to select the Commonwealth, investing more than $13.8 billion from 2002 to 2010, click here.

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The Virginia Economic Development Partnership (VEDP), a state authority created by the Virginia General Assembly to better serve those seeking a prime business location and increased trade opportunities, provides confidential site selection and international trade services. VEDP's mission: To enhance the quality of life and raise the standard of living for all Virginians, in collaboration with Virginia communities, through aggressive business recruitment, expansion assistance, and trade development, thereby expanding the tax base and creating higher-income employment opportunities.

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