Virginia Receives an A+ for Small Business Friendliness

Tuesday, 17 June 2014 09:35 by Info@YesVirginia.org
Virginia received an A+ on Thumbtack.com’s annual Small Business Friendliness Survey. The Commonwealth improved its rank to the fourth overall friendliest state in the U.S. and the top state on the East Coast...

Virginia received an A+ on Thumbtack.com’s annual Small Business Friendliness Survey. The Commonwealth improved its rank to the fourth overall friendliest state in the U.S. and the top state on the East Coast.

Virginia outshone its surrounding competition for the third year in a row. Maryland received a C- and North Carolina earned a C+. Virginia has never received less than an A since the inception of this ranking.

Thumbtack.com partnered with the Kauffman Foundation to survey more than 12,600 entrepreneurs across the country. This ranking is unique because its results come straight from the comments of small business owners.

“After a two-month survey of thousands of small business owners nationwide, business owners have reaffirmed that Virginia is a premier destination for starting and running a business,” said Jon Lieber, Chief Economist of Thumbtack.com. “Creating a business climate that is welcoming to small, dynamic businesses is more important than ever, and Virginia's A+ grade by its small businesses shows what a welcoming and friendly place the Commonwealth is for entrepreneurs.”

Highlights for Virginia include a No. 3 ranking for ease of licensing regulations, a No. 4 ranking for ease of overall regulations, and a No. 5 ranking for training and networking programs. According to Thumbtack.com, the strongest correlating factor for the perception of small business friendliness is the ease of licensing forms, requirements and fees.

In addition, the study examined 82 metropolitan regions. Richmond was ranked No. 10 overall and Virginia Beach was ranked No. 20 overall. Richmond and Virginia Beach were ranked No. 3 and No. 4, respectively, for ease of licensing regulations.

Entrepreneurs and start-ups are becoming increasingly important for economic growth and organic job creation. According to Thumbtack.com, “Virginia’s small businesses were the third most optimistic in the nation when it came to plans to hire more employees in the next twelve months.”

To learn why Virginia is a great place to start and grow a business, click here.

Center for Advanced Film Manufacturing Established in Window Film Capital of the World

Monday, 9 June 2014 14:50 by Info@YesVirginia.org
The founding of the Center for Advanced Film Manufacturing was recently announced in Martinsville-Henry County during a ribbon-cutting ceremony at Patrick Henry Community College...

The founding of the Center for Advanced Film Manufacturing was recently announced in Martinsville-Henry County during a ribbon-cutting ceremony at Patrick Henry Community College.

Through a public-private partnership, the center will offer a 28-credit Advanced Film Certification Program. Students will take classes at Patrick Henry Community College and New College Institute, while receiving access to hands-on training with machinery and equipment at nearby Eastman Chemical and Commonwealth Laminating & Coating. In March, Eastman Chemical announced plans to acquire Commonwealth Laminating & Coating.

Advanced film experts at Eastman Chemical and Commonwealth Laminating & Coating are advising on curriculum and will participate as part-time instructors. The companies will also offer internships and all graduates of the program are guaranteed an interview at Eastman Chemical.

The Martinsville-Henry County region has become “the window film capital of the world,” producing more than 30 percent of the global supply of coated and dyed film.

Performance or advanced films are terms used to describe any film applied to another material, such as a glass window. Films come in the form of tints, laminates, coating and composites, providing benefits such as tints on car windows to reduce glare, tints on office building windows for privacy, additional strength to industrial windows for security, and the addition of photovoltaic materials to solar panels to capture the sun’s energy.

Students can apply to the Advanced Film Certification Program on the PHCC website, and the first class will commence in fall 2014.

Virginia is home to more than 200 plastics companies, and the Center for Advanced Film Manufacturing will help ensure the Commonwealth has a well-trained workforce pipeline to maintain its leadership in this industry sector. To learn more, click here.

Two employees at Eastman Chemical stand proudly in Martinsville-Henry County, “the window film capital of the world." Photo courtesy of Martinsville-Henry County Economic Development Corp.

RockTenn’s West Point Mill Celebrates 100 Years in Virginia

Monday, 2 June 2014 15:08 by Info@YesVirginia.org
RockTenn recently celebrated 100 years of success at its West Point mill in King William County, Va. The mill produces white top linerboard and recycled medium used in corrugated boxes and other types of packaging...

RockTenn recently celebrated 100 years of success at its West Point mill in King William County, Va. The mill produces white top linerboard and recycled medium used in corrugated boxes and other types of packaging. 

The West Point mill began operations on May 16, 1914, a little over a year after the company was first established as the Chesapeake Pulp & Paper Company. The mill began with 140 employees and a capacity of 20 tons of paper products per day.

Chesapeake Pulp & Paper Company would later become Chesapeake Corp. and the mill would change ownership a number of times before being acquired by RockTenn in 2011. RockTenn is publicly traded (NYSE: RKT) and one of the leading packaging solutions providers in North America.

In 1930, the West Point Mill acquired the first Fourdrinier machine in the South, allowing it to manufacture continuous sheets of paper.  The machine initially created a sheet 218 inches wide, running at a top speed of 1,000 feet per minute. The machine has been updated and is still running today at 2,000 feet per minute.

The mill added paper machine No. 2 in 1964 and machine No. 3 in 1985. Today, the mill employs more than 500 Virginians and produces about 900,000 tons of paper products each year.

In October 2012, RockTenn celebrated completion of an 11-mile pipeline to supply natural gas to the West Point mill, in partnership with Virginia Natural Gas, Dominion Virginia Power, New Kent County, King William County, and the Town of West Point. The company also invested in the mill to make it more efficient, reduce emissions and lessen its carbon footprint.

According to RockTenn General Manager Chris Broome, “We are very excited about the investments RockTenn is making in our West Point mill to continue providing our customers with high-quality products and to better support their needs. We are committed to being a good business partner within the community and value the relationships we have developed throughout the years.”

The West Point mill’s 100 years of success is a notable achievement and represents the longevity and prosperity companies experience in Virginia’s pro-business environment. To learn why companies keep growing in the Best State for Business, click here.

A view of RockTenn’s West Point mill on the York River in West Point, Va. Photo courtesy of RockTenn.

U.S. Foreign Affairs Security Training Center Comes to Virginia’s Fort Pickett

Wednesday, 21 May 2014 14:29 by Info@YesVirginia.org
The U.S. Department of State recently announced plans to establish its Foreign Affairs Security Training Center, known as FASTC, on 1,500 acres at Fort Pickett in Virginia’s Nottoway County...

The U.S. Department of State recently announced plans to establish its Foreign Affairs Security Training Center, known as FASTC, on 1,500 acres at Fort Pickett in Virginia’s Nottoway County.

U.S. diplomats are currently trained at multiple sites across the nation. In May 2008, Congress identified the need to consolidate training at one facility to improve efficiencies and cost savings. 

After a multi-year search, Fort Pickett was selected as the best site over 70 other properties because it met DOS’ operational requirements and offered close proximity to D.C. agencies and the intelligence community.

FASTC will train approximately 8,000 – 10,000 U.S. ambassadors and diplomats sent to foreign countries, sometimes in dangerous locations. The center will initially focus on hard skills training, which includes detecting surveillance, providing emergency medical care, identifying explosive devices, firearms training, and performing defensive driving maneuvers. The 2012 attacks in Benghazi highlight the importance of this training for the U.S. foreign affairs community.

Fort Pickett is the perfect location because the 46,000-acre campus offers plenty of land and a secure environment to build driving tracks, mock urban environments, and firing and explosive ranges. Fort Pickett was established in 1942 and currently serves as the Maneuver Training Center for the Virginia National Guard. While the land is predominantly in Nottoway County, it covers parts of Brunswick and Dinwiddie Counties.

This project is expected to be transformative for the Nottoway County region. The DOS is currently estimating a hard-skills facility will bring $461 million in investment to the area, not to mention additional jobs both onsite and in the community through the multiplier effect.

U.S. Senator Tim Kaine and a group of federal, state and local officials recently visited Fort Pickett to tour the future site of FASTC. The Administration continues to work through budgetary issues and must complete an updated master plan and environmental impact study before construction can begin.

Virginia’s selection as the site for the FASTC project illustrates how the Commonwealth provides the right location, infrastructure and workforce for both public and private entities. To learn more click here.

U.S. Senator Tim Kaine and a group of federal, state and local officials tour the future site of FASTC at Fort Pickett in Nottoway County, Va. Photo courtesy of Virginia National Guard Public Affairs/Cotton Puryear.

The Virginia Tech Carilion School of Medicine Holds Its First Commencement Ceremony

Friday, 9 May 2014 12:07 by Info@YesVirginia.org

The Virginia Tech Carilion School of Medicine will hold its first-ever commencement ceremony on Saturday, May 10 at 8:30 a.m. at the Jefferson Center in Roanoke.

The ceremony will be held for the school’s first 40 graduates, who are all continuing on to a residency. U.S. Senator Tim Kaine, who as a former governor of Virginia signed legislation to support the creation of the new school, will be the keynote speaker.

The Virginia Tech Carilion School of Medicine and Research Institute serves as a model of collaboration between public and private partners. The institute combines Virginia Tech’s sciences, bioinformatics, and engineering with Carilion Clinic’s highly experienced medical staff. The Virginia Tech Carilion Research Institute collaborates with 75 institutions around the world, and has 168 research employees.

In addition, the institute’s unique, patient-centered learning model and small class size allows students to learn through real-life situations with ample student participation. Only 15 percent of medical schools in the U.S. have a patient-centered learning curriculum.

Virginia has a number of nationally recognized medical training and research institutes around the state, including the VCU School of Medicine and the UVA Department of Biomedical Engineering and School of Medicine, and now adds another major medical school in the western part of the state.

Virginia’s nationally acclaimed universities and community colleges, ensure businesses have a knowledgeable and highly trained workforce. The Virginia Tech Carilion School of Medicine and Research Institute is a great example of how Virginia is preparing for jobs of the 21st century. To learn more about Virginia’s more than 100 in-state institutions of higher education, click here.

A view of the Virginia Tech Carilion School of Medicine and Research Institute—located in Roanoke, Virginia.

Commonwealth Crossing Business Centre Breaks Ground in Martinsville-Henry County

Monday, 21 April 2014 15:02 by Info@YesVirginia.org

Last Thursday, a kickoff event was held marking the beginning of development at Commonwealth Crossing Business Centre.

The event at the 740-acre site attracted members of the U.S. Congress, state leaders, local officials, and citizens and neighbors from both Virginia and North Carolina. The CCBC project began in 2007 when Henry County purchased the land. Earlier this month, the grading permit was awarded by the Army Corps of Engineers.

Chairman of the Henry County Board of Supervisors H.G. Vaughn, U.S. Senator Tim Kaine, U.S. Congressman Robert Hurt, U.S. Congressman Morgan Griffith, and Virginia House of Delegates member Danny Marshall delivered remarks. U.S Senator Mark Warner could not attend the event but had his remarks delivered by a member of his staff.

Henry County officials said their plan is to create about 140 to 170 acres of useable pad space for potential companies. Grading work on the site is expected to begin within two to three weeks and it could take up to 18-24 months to complete that work. The Martinsville-Henry County Economic Development Corporation will be the lead agency in marketing the property.

CCBC is a prime location for advanced manufacturing companies, including automotive and aerospace. The business park is located in an Enterprise Zone, which allows companies to apply for special zone grants and incentives. CCBC is located 33 miles from the Piedmont Triad International Airport and is adjacent to the Norfolk Southern Railway Mainline.

Funding partners for CCBC include Henry County, the City of Martinsville, the Martinsville-Henry County Economic Development Corporation, the Tobacco Commission, The Virginia Economic Development Partnership, the Small Business Administration and the Mid-Atlantic Broadband.

CCBC is another example of the pipeline of premier business parks that keeps manufacturing companies coming to the Commonwealth. To learn why manufacturers have invested more than $13.7 billion in Virginia over the last decade, click here.

Federal, state and local officials celebrate the groundbreaking of CCBC, a 740-acre business park in Martinsville-Henry County.

Southern Virginia Advanced Manufacturing Center Receives Additional Funding

Monday, 14 April 2014 15:16 by Info@YesVirginia.org
Halifax County Industrial Development Authority recently announced it has received a $427,500 grant to complete Phase III renovations on the Southern Virginia Advanced Manufacturing Center...

Halifax County Industrial Development Authority recently announced it has received a $427,500 grant to complete Phase III renovations on the Southern Virginia Advanced Manufacturing Center.

SVAMC is located in South Boston, Va., at the former Daystrom Furniture manufacturing plant. Halifax County purchased the facility three years ago, which includes 34 acres and three buildings totaling 430,000 square feet. 

The county has been renovating the site, originally established in the 1960s, and recently added a new, more energy-efficient roof. Phase III renovations will extend natural gas to the site through a collaboration with Columbia Gas of Virginia.

The goal of the project is to provide a manufacturing ecosystem that will draw multiple companies to the area, as well as jobs and investment. The facility will include both advanced manufacturing and hands-on workforce training space for multiple tenants. It is expected to be ready in early 2015.

VEDP helped Halifax County identify the grant from the U.S. Community Advancement and Improvement Program. Matt Leonard, executive director of the Halifax County IDA, emphasized the importance of the funding for the region, commenting, “The USCAIP grant provides benefits beyond its dollar value.”

Advanced manufacturing continues to be a mainstay of Virginia’s economy, with 5,600 manufacturers employing almost 231,000 workers. To learn why manufacturing companies have invested more than $13.7 billion in the Commonwealth over the last 10 years, click here.

A rendering of the Southern Virginia Advanced Manufacturing Center in South Boston, Va. Photo courtesy of Halifax County Industrial Development Authority.

Bioplastics — How One Virginia Company is Making Plastic out of Feathers

Friday, 28 March 2014 11:45 by Info@YesVirginia.org
Eastern BioPlastics has successfully commercialized a process to make plastic out of chicken feathers. By using what was formerly a waste product, the company is making plastic components in a sustainable way...

Eastern BioPlastics has successfully commercialized a process to make plastic out of chicken feathers. By using what was formerly a waste product, the company is making plastic components in a sustainable way.

Co-founders Sonny Meyerhoeffer and Dr. Justin Barone established the company in Mount Crawford, Va., in 2008. They combined Meyerhoeffer’s background as an entrepreneur in the poultry industry with Barone’s engineering expertise as a professor at Virginia Tech to accomplish a difficult task — commercializing R&D into an effective process.

The company replaces up to 50 percent of the petroleum component of plastics with fiber made from chicken feathers. This chicken feather fiber, called feather fiber intermediate, has a number of advantages over petroleum. It is a renewable resource and makes use of something that was previously viewed as a waste product. In addition, the chicken feather fibers are very strong yet lightweight, making them ideal for plastic products.

Eastern BioPlastics has developed a proprietary technique that cleans and processes the chicken feathers in a cost-competitive way. The feather fiber intermediate is blended with polyolefins in a resin, and then extruded into pellet form. These pellets are then sold to original equipment manufacturers that use injection molding to form any number of end products for use in the automotive, furniture and sports equipment industries. The company is currently beta testing this product with customers.

Eastern BioPlastics has also developed a second product called Environmental BioProtector. Feathers are extremely oil absorbent; news coverage of massive oil spills illustrates how birds suffer because the oil becomes trapped in their feathers. The company has developed a product using chicken feathers to help clean up oil spills, from large-scale disasters to consumer use for car oil leaks. Environmental BioProtector is USDA certified and made of 99 percent bio-based material, making it one of the most eco-friendly and low cost oil absorbing solutions on the market today. The company has been selling this product since May 2013.

Creating an entirely new product in 2008 was no easy feat, especially during the economic downturn of 2009-2010. According to co-founder Meyerhoeffer, “Back then nobody wanted to take a chance on anything new. We had to figure out how to break in and create a market with a brand new product.”

When asked why he kept going during these early days, Meyerhoeffer responded, “I was never led to quit and we stayed at it because we knew there was something there that was better. You have to persevere through the tough times. I think a lot of entrepreneurs are that way. You know you’ve got something viable and it’s just about continuing through to the end.”

The founders of Eastern BioPlastics exemplify the entrepreneurial spirit and innovation that’s alive and well in the Commonwealth. To learn what Virginia offers and why it’s a great place to start a business, click here.

Eastern BioPlastics co-founder Sonny Meyerhoeffer displays his Bioplastic Composite Resins made from chicken feathers. 

VEDP Releases Maritime Opportunities Export Report

Thursday, 20 March 2014 14:44 by Info@YesVirginia.org
VEDP just released its Maritime Opportunities Export Report for Virginia. The report was prepared by Old Dominion University as part of VEDP’s Going Global Defense Initiative aimed at helping Virginia defense companies mitigate the impact of sequestration by increasing international sales...

VEDP just released its Maritime Opportunities Export Report for Virginia. The report was prepared by Old Dominion University as part of VEDP’s Going Global Defense Initiative aimed at helping Virginia defense companies mitigate the impact of sequestration by increasing international sales.

This report, geared towards small and medium defense contractors, is timely given current expectations for another BRAC (Base Realignment and Closure) process and the possibility of the U.S. military shifting some assets to the Pacific Rim.

The Maritime Opportunities Export Report gives a high level overview of the process a company would need to follow in order to export defense products or services. For example, one of the first steps a company should take is determining if its product or service is on the U.S. Munitions List or the Commerce Control List so it can obtain the appropriate registration and license to export. The report also provides helpful links to federal resources that govern these procedures.

Recognizing that the most reliable indicator of future trade activity is current trade activity, the report utilized a mixture of historical data on defense import purchases combined with expected growth rates and political and financial stability to determine the export opportunity ranking by country.

The Top 10 markets for U.S. Maritime Exports are:

  1. Japan
  2. Australia
  3. United Kingdom
  4. South Korea
  5. Israel
  6. India
  7. Turkey
  8. United Arab Emirates
  9. Mexico
  10. South Africa

The report also outlines a number of emerging growth markets in the global maritime industry. These include anti-piracy products, services and technology; ship conversions and deactivations; privatized naval security; unmanned underwater vehicles for mining, mapping, environmental testing, route surveying and port surveillance; and C4ISTAR which stands for command, control, communications, computers, intelligence, surveillance, targeting acquisitions and reconnaissance.

To download the report and learn more about VEDP’s Going Global Defense Initiative, click here.

Capital One Celebrates Opening of Chesterfield County Data Center

Wednesday, 19 March 2014 09:09 by Info@YesVirginia.org
Capital One recently celebrated the opening of its newest data center in Chesterfield County. The $150 million project was first announced in June 2012...

Capital One recently celebrated the opening of its newest data center in Chesterfield County. The $150 million project was first announced in June 2012.

This investment represents part of Capital One’s efforts to streamline and automate its IT infrastructure, adding new technologies to continue its reputation for leadership and exceptional customer service.

The 242,000-square-foot facility is scalable for future growth and includes redundant power supply and substantial backup systems to ensure uninterrupted service. It is also LEED Gold certified by the U.S. Green Building Council.

“This new data center is a bold example of the value we place on having the best technology to deliver on our customer mission, and we are proud to continue our strong relationship with Virginia and expand our workforce here,” said Rob Alexander, Chief Information Officer at Capital One.

The company employs more than 15,000 associates in Virginia, drawing on the Commonwealth’s strong IT and professional services labor pool. While the company initially expected to create 50 new jobs related to this investment, Capital One now expects to double that over the next year in Central Virginia.

Capital One was founded in Virginia more than 20 years ago. The company has thrived in the Commonwealth and grown to become a Fortune 500 company (NYSE: COF) and one of the most recognized brand names in the U.S. It is the country’s largest direct bank and 7th largest bank based on deposits.

Chesterfield County was selected for this project due to its proximity to Capital One’s existing operations in the Greater Richmond area. Central Virginia has been part of Virginia’s booming data center industry because it offers abundant power, an advanced fiber-optic network, low risk of natural disaster, and a strong IT workforce.

To learn why approximately 700 data processing, hosting and related establishments have selected Virginia as their home, click here.

The Port of Virginia – the Only Port on the U.S. East Coast Ready Now for Post-Panamax Vessels

Tuesday, 11 March 2014 15:58 by Info@YesVirginia.org
While other ports along the East Coast scramble to deepen their channels in preparation for the Panama Canal expansion, the Port of Virginia stands ready as the only port on the U.S. East Coast currently capable of handling post-Panamax ships as first and last port of call...

While other ports along the East Coast scramble to deepen their channels in preparation for the Panama Canal expansion, the Port of Virginia stands ready as the only port on the U.S. East Coast currently capable of handling post-Panamax ships as first and last port of call.

With 50-foot channels and authorization up to 55 feet, the Port of Virginia offers the deepest shipping channels on the U.S. East Coast, able to accommodate ships greater than 10,000 TEUs (twenty-foot equivalent units). Even just a few feet of channel depth can have a significant impact. 45-foot channels can only accommodate up to 8,500-TEU vessels and 42-foot channels can only accommodate 4,500-TEU vessels.

The Port of Virginia offers prime, unobstructed access to the Atlantic Ocean. This saves valuable transit time and costs, and ships traveling to the Port of Virginia can avoid the hassle of traveling inland, navigating rivers and overhead obstructions like low bridges.

Served by every major shipping line, the Port of Virginia offers direct connection to more than 100 foreign ports and reach to any country in the world. Norfolk Southern and CSX offer on-dock, double-stack intermodal service to markets throughout the Northeast, Midwest and Southeast. Customers also have access to 12 short-line railroads for a total of 3,500 miles of track throughout Virginia. 

The Port of Virginia is one of the largest intermodal networks on the East Coast, handling 2.2 million TEUs in 2013. The Virginia Port Authority operates four owned terminals:  three marine terminals, Norfolk International Terminals, Portsmouth Marine Terminal, Newport News Marine Terminal, and an inland facility, the Virginia Inland Port. VPA also operates two leased marine facilities: APM Terminals and the Port of Richmond.

Norfolk International Terminals is the Port of Virginia’s largest terminal. It houses 14 Suez Class ZPMC cranes, the largest, most efficient cranes in the world. Capable of handling current and future ships, these cranes have a 245-foot reach that can offload vessels loaded 27 containers wide.

APM Terminals is known as the most technologically advanced terminal in the Americas. It automates and optimizes the flow of crane and container movements, and its advanced tracking systems can pinpoint the exact location of every container. Cargo movements are handled by eight Super Post-Panamax ship-to-shore cranes, 30 semi-automated rail-mounted gantry cranes and two rubber-tire gantry cranes with electric spreader bars.

Use the highlighted links to learn more about the capabilities of the world-class Port of Virginia and Virginia’s global logistics network.

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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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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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YesVirginia Business Blog | A place for news, opinions, and information regarding the Virginia Economic Development Partnership.

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.

Tags:   YesVirginia Business Blog | A place for news, opinions, and information regarding the Virginia Economic Development Partnership.

Virginia Wins Area Development’s 2012 Silver Shovel Award

Monday, 9 July 2012 15:16 by Info@YesVirginia.org

Virginia was recently awarded a Silver Shovel in the 5-9 Million population category by Area Development magazine.

As part of the magazine’s seventh annual ranking, the award recognizes states for attracting investment projects that created a high number of new jobs in calendar year 2011. States were recognized for establishing policies that drive job growth, infrastructure improvements, and processes that attract new employers.

The award is based on each state’s top 10 projects that broke ground in 2011, using a number of weighted factors such as number of new jobs created, size of investment, number of new facilities, and the diversity of industries represented.

The ten outstanding projects that made Virginia a winner were: Amazon.com, ICF International, United States Green Energy, Soft Tech Consulting Inc., Katoen Natie, Backcountry.com, International Paper, PPD Inc., Rubbermaid Commercial Products Inc., and Microsoft Corp.

Also a winner of the Silver Shovel in 2009 and 2006, this recognition continues Virginia’s winning streak with awards such as Site Selection magazine’s 2011 Competitiveness Award, MoneyRates.com’s 2012 Best State to Make a Living, Pollina Corporate Real Estate’s 2011 Top Pro-Business State, CNBC’s 2011 Top State for Business, and Business Facilities magazine’s top spot for Economic Growth Potential in 2011.

To learn more about Virginia’s unique combination of assets that has allowed businesses to prosper here for more than 400 years, click here.

New Capital One Data Center Comes to Chesterfield County

Thursday, 5 July 2012 09:22 by Info@YesVirginia.org
Capital One recently announced plans to invest $150 million to establish a new data center in Chesterfield County, bringing 50 new jobs to the area. Virginia successfully competed against Texas for this project.

Capital One recently announced plans to invest $150 million to establish a new data center in Chesterfield County, bringing 50 new jobs to the area. Virginia successfully competed against Texas for this project.

Chesterfield County was selected due to its proximity to Capital One’s existing operations in the Greater Richmond area. The Fortune 500 company has successfully operated in Virginia for more than two decades.

Central Virginia is seeing a growing cluster of data centers due its abundant power, advanced fiber network, and low risk of natural disasters. In addition, the strong partnership between local officials and utility providers allows deals such as this to be put together quickly.

Virginia is fast becoming a popular place for data centers across the Commonwealth. Data processing was the dominant sector for investment in 2011 at $960 million, accounting for almost half of the nonmanufacturing investment.

The Commonwealth not only offers companies low electricity rates below the national average; it maintains a highly qualified workforce to support the sector, with the highest concentration of high-tech workers according to Cyberstates 2011. In addition, the Retail Sales and Use Tax Exemption provides a competitive cost advantage on qualified equipment for data centers.

To learn more about Virginia’s capabilities and why companies have invested more than $4.4 billion in the Commonwealth’s data center industry over the past ten years, click here.

UBED—JMU’s Virginia Center for Wind Energy Educates the Industry

Friday, 29 June 2012 11:12 by Info@YesVirginia.org

Continuing our series on University-Based Economic Development, we will look at how James Madison University’s (JMU) Virginia Center for Wind Energy (VCWE) keeps industry professionals educated on wind power developments in Virginia.

Located in a 4,000-square-foot commercial lab space near JMU’s main campus, the center has been active since 2001. VCWE provides measurements, economic modeling, education, energy policy analysis and GIS reports on wind energy in the Commonwealth.

VCWE recently hosted the 2012 Statewide Wind Energy Symposium, which included panel discussions and workshops ranging from Wind 101 to Regulatory and Permitting Options. The 150 attendees included government officials, wind industry decision-makers, business owners and Virginia residents.

During the symposium VCWE launched its Small Wind Training & Testing Facility, which will be used primarily for workforce training in the small wind industry. Small wind is traditionally defined as turbines below 100 kilowatts (kW) with most residential turbines under 20 kW. Through the center students will have access to three wind turbines, a WeatherBug weather station, a solar array system and additional measurement equipment.

Uncertainty still surrounds the national production tax credit, and locally, many cities do not have wind ordinances in place, making education the critical mandate for VCWE.

“The Small Wind Training and Testing Facility was designed to address a lack of available resources in the region to support the training of a small wind workforce throughout Virginia and beyond. This resource will support teaching of undergraduates at JMU and other educational institutions throughout the Commonwealth, as well as the training of residents and business owners who seek to learn more about how to apply wind energy in Virginia,” said Dr. Jonathan Miles, VCWE Director.

Fortunately Virginia has a compelling wind story with its shallow waters, strong Class 6 winds, high voltage transmission grid, and maritime workforce. To learn more JMU’s Virginia Center for Wind Energy, click here.

Dr. Jonathan Miles, VCWE Director, addresses the crowd at the JMU Small Wind Training & Testing Facility ribbon-cutting ceremony.

Virginia Port Authority and VEDP Launch Joint Marketing Initiative

Thursday, 28 June 2012 15:52 by Info@YesVirginia.org

The Virginia Port Authority (VPA) and VEDP signed a Memorandum of Understanding to launch a joint marketing initiative to better share Virginia’s unique story with businesses that utilize port facilities.

The marketing initiative will include creating a shared message to be featured through websites, joint client calls on marketing missions, and collaborative representation at various industry events and tradeshows.

The Port of Virginia handles 1.9 million TEUs each year and is fully prepared to accommodate 10,000+ TEU vessels. Its 50-foot shipping channels are the deepest on the East Coast, offering companies the only East Coast location able to hand post-Panamax vessels as first port of call.

Truly an intermodal gateway, the Port of Virginia provides barge, rail and truck distribution with a 48-hour transit time to Chicago. The port offers connectivity with two Class I railroads as well as an Inland Port and Virginia’s premier interstate system.

The Port of Virginia is an economic engine providing 343,000 port-related jobs across the Commonwealth. Over the last two years numerous companies have announced relocations or expansions related to the Port of Virginia’s world-class capabilities, including Ace Hardware, Albany Industries, Amazon.com, Federal-Mogul, Green Mountain Coffee Roasters, Honeywell, Rubbermaid, and Stihl Inc., to name a few.

To learn more about Virginia’s premier transportation infrastructure and the Port of Virginia, click on the highlighted links.

Virginia Port Authority Vice Chair Jim Boyd (left) signs the Memorandum of Understanding with VEDP Chairman Julien Patterson.

Sabra Dipping Co. Expands its Footprint in Chesterfield County, Va.

Monday, 25 June 2012 14:12 by Info@YesVirginia.org

Sabra Dipping Co. announced two exciting projects on its 49-acre campus at Ruffin Mill Industrial Park in Chesterfield County. America’s leading hummus producer will expand its existing food manufacturing operation and establish a Center of Excellence (COE) research and development facility. The combined investment will bring $28 million and 90 new jobs to Chesterfield County.

The manufacturing expansion will give Sabra 50 percent more production capacity with improvements such as adding two lines and a packaging automation system. Sabra first chose Chesterfield County as the site for its new manufacturing facility in 2008.

The new COE facility will feature a state-of-the-art culinary center and research center where Sabra plans to partner with universities on food science research. Construction on the new 20,000-square-foot facility is expected to begin in the second quarter of 2012.

Sabra Dipping Co. was formed through a joint venture between PepsiCo and Israel’s second-largest food and beverage company, the Strauss Group. Sabra’s award-winning flavors have made it the leading producer of hummus in the U.S.

This project is another positive result of a Governor’s marketing mission. Governor McDonnell met with Strauss Group officials in Israel during his November 2011 mission.

The company chose Virginia again for both its skilled workforce and cost-competitive advantages. Sabra CEO Ronen Zohar said, “The fact that we are building the Sabra Center of Excellence in Virginia is a testament to our belief in the people, the community and the resources available here.”

Virginia’s low and stable tax rate combined with competitive electricity and construction costs helped make the Commonwealth the clear winner. In addition, Virginia’s workforce is well-prepared through industry-specific training programs provided by the Commonwealth’s top-ranked universities and 23-member community college system.

To learn why more than 555 food and beverage manufacturing companies have invested more than $1.9 billion in Virginia over the last decade, click here.

German Subsidiary Berryville Graphics Expands in Clarke County, Va.

Thursday, 21 June 2012 09:47 by Info@YesVirginia.org
While traveling on his recent European Marketing Mission, Governor McDonnell announced that German subsidiary Berryville Graphics will consolidate operations through an expansion of its headquarters and manufacturing facility in Berryville, Va. The project will bring a $10.6 million investment and 84 new jobs to Clarke County...

While traveling on his recent European Marketing Mission, Governor McDonnell announced that German subsidiary Berryville Graphics will consolidate operations through an expansion of its headquarters and manufacturing facility in Berryville, Va. The project will bring a $10.6 million investment and 84 new jobs to Clarke County.

One of the largest manufacturers of hardcover and softcover books, Berryville Graphics produces nearly 120 million books each year from its Berryville facility. The company is a subsidiary of German-owned Bertelsmann AG, the largest media company in Europe.
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Prince George County Recognized as One of Eight Innovative U.S. Counties by NACo

Tuesday, 17 December 2013 16:46 by Info@YesVirginia.org
Prince George County, Va., gained recognition as one of eight innovative counties highlighted in the recently-released report Strategies to Bolster Economic Resilience — County Leadership in Action by the National Association of Counties...

Prince George County, Va., gained recognition as one of eight innovative counties highlighted in the recently-released report Strategies to Bolster Economic Resilience — County Leadership in Action by the National Association of Counties.

In the report, NACo highlighted the strategies, partnerships and initiatives these eight counties pursued in their unique approach towards economic development. Founded in 1935, NACo is the only national organization that represents county governments in the U.S.

Prince George County received recognition for its focus on targeted industries, particularly advanced manufacturing, as the county’s partnership with Rolls-Royce was noted. Rolls-Royce’s 1,000-acre Crosspointe Campus in Prince George County is the company’s largest and most advanced campus in North America. It includes a Rotatives operation and Advanced Airfoil Machining Facility, with room for expansion. 

Prince George County and Rolls-Royce were also instrumental in establishing the Commonwealth Center for Advanced Manufacturing adjacent to the Crosspointe Campus. CCAM celebrated its grand opening in March 2013 and functions as an applied research center, bringing together leading manufacturers and Virginia’s top educational institutions to collaborate and quickly turn ideas into real-world technologies. 

Homegrown company Service Center Metals was also mentioned in the study. The company recently celebrated its 10-year anniversary in Prince George County and announced plans to add a compact remelt plant. The company expects to add a total of 35 new jobs and invest $35 million through a two-phase expansion.

Through partnerships in the public, private and educational sectors, Prince George County has become a hub of advanced manufacturing innovation, drawing additional corporate partners and investment to the area.

To learn why Virginia has provided an innovative environment, allowing businesses to prosper here for more than 400 years, click here.

A view of CCAM, adjacent to Rolls-Royce’s Crosspointe Campus in Prince George County, Va.

Homegrown Martinsville Company Expands — Textiles Solid as a Stone in Virginia

Wednesday, 11 December 2013 16:35 by Info@YesVirginia.org
When Virginia entrepreneur David Stone decided to start his own company, Solid Stone Fabrics, in 2003 he knew the perfect location — his hometown of Martinsville, Va...

When Virginia entrepreneur David Stone decided to start his own company, Solid Stone Fabrics, in 2003 he knew the perfect location — his hometown of Martinsville, Va. 

With a solid background in the fabrics industry, including stints at Kayser-Roth, Tultex, Reebok and Pine Crest Fabrics, Stone had the industry knowledge and contacts to hit the ground running and start a successful business out of his home. When a truckload of fabric showed up at his front door, his wife let him know it was time to expand.

Stone moved into the local business incubator at the West Piedmont Business Development Center and stayed there until 2008. He carved out a strong niche in the stretch fabric market, supplying materials for customers in the dancewear, swimwear, costume, team and other active apparel markets. The incubator provided much more than a physical location; it offered microloans to help along the way as the company grew.

Solid Stone Fabrics moved into its current location, a 24,000-squre-foot building in downtown Martinsville, in 2008. And, according to Stone, “That’s when things really took off,” which included adding sales offices in New Jersey and California.

“We were primed to do most of our manufacturing in Asia, but we found it difficult to do smaller runs and get a quick response for our customers,” said Stone. “That frustration led us to do more of our own manufacturing here at home in Virginia.”

At any one time, Solid Stone Fabrics has 250,000 yards of material at its facility in Martinsville, ready to respond quickly to both business and individual customers. Martinsville serves as the company’s headquarters and center of operations, which includes adding embellishments for its active apparel markets, printing flags and banners for high schools, and assisting global customers in sourcing and supplying their fabric needs.

To date, the company has 24 employees, and just this week announced plans to create 16 more jobs over the next three years and invest $1.0 million in a second facility in Martinsville. Located just a few blocks away, the second building will add 23,000 square feet of manufacturing space and is expected to be operational by December 15.

“It’s exciting to be back in your hometown and putting people back to work — 40 jobs means a lot,” said Stone.  “In addition, occupying these older buildings in Martinsville is really breathing new life into the heart of our city.”

As to why Stone chose to expand in Martinsville, the answer is simple, “The majority of our employees are from here and educated here. I have relied heavily on Patrick Henry Community College and I can’t say enough about the talent here in Southern Virginia,” said Stone. “We’ve received a lot of support from the City of Martinsville, Martinsville-Henry County Economic Development and the Tobacco Commission — we’re so grateful to have all of that assistance by our side when we need it.”

Solid Stone Fabrics illustrates the success entrepreneurs find when they start a business in the Commonwealth, as well as how competitive Virginia manufacturing is on a global scale. To learn why Virginia is the best state for business, click here.

Members of the Solid Stone Fabrics team discuss their latest innovations from company headquarters in Martinsville, Va.

Charlottesville Startup GigDog Launches from UVA’s i.Lab

Monday, 9 December 2013 16:38 by Info@YesVirginia.org

While working as a geo-political analyst for the Department of Defense, Anslem “J.R.” Gentle came up with an idea for an entertainment and promotion company.

J.R. saw how lesser-known musicians would advertise their upcoming performances on posters and realized even people who saw the posters were not likely to attend the concerts because they weren’t familiar with the music. Thus was born the idea for GigDog — a streaming interactive internet radio station that only plays the music of bands scheduled to perform in the local area within the following six weeks.

What helped turn GigDog from an idea into a real company was access to the UVA i.Lab, an incubator for start-ups in Charlottesville, Va. The i.Lab is the revamped version of the Darden School incubator and includes a newly-renovated space and expanded program. It is unique because it is open to both UVA students and members of the Charlottesville community.

UVA’s i.Lab includes office space with access to a 3-D printer for prototyping, a “pitch” room, workshop, large meeting area, media rooms with Skyping abilities, and a full coffee shop and collaboration area. Applications are due in early January and the year-long program begins in the spring. i.Lab can accommodate 25 companies per year and offers entrepreneurial workshops, a speaker series on topics of interest, and access to professors and the 11 schools within UVA.

GigDog was incorporated in the summer of 2012 and joined the i.Lab pilot program. GigDog’s benefit to both musicians and consumers has allowed it to grow quickly —  it became operational in January 2013 and has grown from 14 bands and 16 venues in Charlottesville to more than 500 bands and 445 venues in five cities.

“As an entrepreneur, being in an environment of like-minded people is paramount,” said GigDog founder J.R. Gentle. “I had the whole of UVA and Darden as a resource. If I needed help with marketing or finance questions I could talk to those professors. I also learned just as much talking to the fellow entrepreneurs in the program.”

GigDog has just launched a RocketHub crowdfunding campaign to expand into additional cities. To experience GigDog visit http://www.gigdog.fm/ and to learn more about the UVA i.Lab visit http://www.ilabatuva.org/

GigDog founder J.R. Gentle chats with another entrepreneur and i.Lab director Philippe Sommer (left to right).

Lumi Juice — From Start-up to Store Shelves in Six Months

Monday, 25 November 2013 09:43 by Info@YesVirginia.org
Graduating MBA student Hillary Lewis could hardly imagine what the next few months would hold when two of her professors at UVA’s Darden School of Business approached her about creating a consumer products company. The timeline below illustrates how quickly a company can start up in Virginia’s supportive entrepreneurial environment...

Graduating MBA student Hillary Lewis could hardly imagine what the next few months would hold when two of her professors at UVA’s Darden School of Business approached her about creating a consumer products company. The timeline below illustrates how quickly a company can start up in Virginia’s supportive entrepreneurial environment.

April — Walking through a natural foods store, Hillary learned about High Pressure Processing, a unique technology that inactivates bacteria while at the same time preserving vital nutrients in food and beverages. Inspiration struck and Hillary came back to her professors with the idea for a healthy juice company. 

She chose the name Lumi, which is an acronym for LoveUMeanIt, a slogan Hillary shared with her undergrad sorority sisters. The company was incorporated on April 18 and the brand message is one of both loving the company’s juices, as well as loving yourself by consuming healthy products.

May — Hillary and her professors visited the High Pressure Processing Laboratory, part of Virginia Tech’s renowned Food Science and Technology program. The team learned that HPP is an innovative technology in food safety that kills microorganisms and extends shelf life through extreme water pressure. It avoids using chemicals and heat that can alter the taste and nutritional content of foods and beverages.

June — Hillary headed to Miami to visit Hiperbaric, the world’s leading manufacturer of HPP equipment for the food industry. She came away with additional knowledge and an agreement to lease one of the company’s machines for arrival in September.

July — The next step involved looking for a space to set up manufacturing. Hillary worked with economic developers in Albemarle County to find a suitable building. She found the perfect location at 1822 Broadway Street in Charlottesville, an industrial district that is within walking distance of the downtown mall area. The 12,000-square-foot facility is approximately 50 percent manufacturing, with the remainder allocated for office and warehouse space.

August — Lumi began setting up shop in an empty warehouse, which included adding everything from plumbing to electricity. Dominion Virginia Power was particularly helpful in upgrading the facility to the necessary 480 volts in an expedited time frame.

September — The Hiperbaric machine was delivered and the team configured production, warehousing and office space.

October — On October 11, Lumi produced the first HPP juice off the production line. VDACS came out to inspect the facility, and according to Hillary, “On October 25 we got the okay to sell and it was game on!”

November — The company has been selling its fresh vegetable and fruit juices for almost four weeks. Lumi has already branched out from Charlottesville to retailers such as Whole Foods Market and Relay Foods in Richmond, D.C., and Rockville, Md. From weeks three to four the company has more than doubled sales.

According to Hillary, “One reason I went to business school was to start my own company. I believe in the viability of manufacturing in the U.S. and in creating jobs and industry at home. I feel really fortunate there have been so many wonderful people that have been a part of this. We wouldn’t be here today without the support of partners at the university, state and county level. I feel extremely thankful and regardless of the obstacles, every day is more wonderful than the one before.”

Use the highlighted links to learn more about Lumi Juice and why Virginia is a great place to start a business.

Hillary Lewis, co-founder of Lumi Juice, expands sales through a product display in Richmond’s Ellwood Thompson’s Natural Foods Market.

Virginia Entrepreneurs — Dr. Lucy’s Takes Gluten-Free Global with VALET Program

Thursday, 21 November 2013 16:44 by Info@YesVirginia.org
Ten years ago, Dr. Lucy Gibney’s experience with food allergies was fairly typical for a board-certified emergency medicine physician. That all changed when her four month old son had a life-threatening allergic reaction to infant formula...

Ten years ago, Dr. Lucy Gibney’s experience with food allergies was fairly typical for a board-certified emergency medicine physician. That all changed when her four month old son had a life-threatening allergic reaction to infant formula.

Food safety quickly became a priority; however, at the time Dr. Lucy had trouble finding allergy-free products that were both safe and tasted good. Having developed a love of baking and experimenting with recipes since childhood, she combined this with her medical training in nutrition to develop delicious, allergy-free baked goods the whole family could enjoy.

Dr. Lucy and her husband wanted to share their cookies, brownies and snacks with other families, and thus was born Dr. Lucy’s line of baked goods, free from gluten, milk, eggs, peanuts and tree nuts.

In 2007, Dr. Lucy’s opened a 2,500-square-foot bakery in Norfolk, Va. The company outgrew this space three years ago and moved into a facility that has now grown to 22,000 square feet, including a dedicated bakery, warehouse, office space and laboratory to ensure sourced ingredients have not been cross-contaminated with any allergens. 

The company has expanded to more than 100 employees and managed to double sales every year since inception. Dr. Lucy’s began selling to natural food and grocery stores in the Hampton Roads area, and expanded throughout the mid-Atlantic region on its own momentum. Within the first six months, the company established a Midwest presence through an industry trade show in Chicago and gained an introduction to a buyer at Whole Foods Market by attending the Virginia Food and Beverage Expo. Dr. Lucy’s products are now in more than 6,000 retail locations across the U.S.

Dr. Lucy’s became a member of VEDP’s Virginia Leaders in Export Trade program in July 2012 after some early growth in Canada and the U.K. VALET helped the company research which new markets to focus on, and provided introductions to international consumer products experts, banking relationships and legal consults.

According to Dr. Lucy, “VALET put everything we needed right there in front of us. We really benefitted from the research component to check our facts and feel comfortable investing resources in a particular direction. Especially as a small company, having a jump start with core competencies in the international arena makes a big difference — it could have taken us years to develop this on our own.”

Through the VALET program, Dr. Lucy’s is expanding deeper into Europe and is now shipping to Mexico. To learn more about VALET and what VEDP’s international trade program can do for you, click here.

Dr. Lucy’s develops Spanish-language packaging as it prepares to enter the Mexican market.

Virginia Makes History Again — Orbital Sciences Launches First Satellite Built by High School Students

Wednesday, 20 November 2013 13:56 by Info@YesVirginia.org
At approximately 8:15 p.m. last night, Orbital Sciences launched the first satellite built by high school students, a team from Thomas Jefferson High School for Science and Technology in Alexandria, Va...

At approximately 8:15 p.m. last night, Orbital Sciences launched the first satellite built by high school students, a team from Thomas Jefferson High School for Science and Technology in Alexandria, Va. 

The satellite, known as TJ3SAT, is a CubeSat that has been designed, built and tested by more than 50 students at Thomas Jefferson and represents nearly seven years of work. Orbital Sciences mentored the students and provided financial support, as well as space testing facilities.

TJ3SAT measures 10 x 10 x 11 cm and weighs approximately two pounds. Its payload consists of a voice synthesizer that converts text to voice. Once it enters Earth orbit, students from around the world will be able to freely access the satellite by sending strings of text to the TJ3SAT website. Approved messages will be transmitted to the satellite, where they will be converted to voice signals and transmitted back to Earth using amateur radio frequency.

TJ3SAT launched from the Mid-Atlantic Regional Spaceport Pad-OB at NASA’s Wallops Flight Facility on the Eastern Shore of Virginia. MARS is one of only four commercial sites approved by the FAA for orbital space launches, and offers an ideal trajectory for Earth orbit insertion.

Orbital Sciences launched TJ3SAT with 27 other CubeSats aboard a Minotaur I rocket as part of its ORS-3 mission for the U.S. Air Force.

The collaborative partnership between Orbital Sciences and Thomas Jefferson High School for Science and Technology illustrates Virginia’s position at the forefront of STEM education (science, technology, engineering and math), preparing students for careers in advanced fields, such as aerospace.

Use the highlighted links to learn more about the TJ3SAT program and Virginia’s leadership in the aerospace industry.

The Minotaur I rocket, carrying the first satellite built by high school students, launches from MARS at NASA’s Wallops Flight Facility. Photo courtesy of NASA Wallops/Chris Perry.

Virginia Conference on World Trade Celebrates 65 Years of Global Business Success

Wednesday, 13 November 2013 09:48 by Info@YesVirginia.org

VEDP’s international trade division recently hosted more than 200 professionals at the 65th annual Virginia Conference on World Trade in Williamsburg, Va.

The two-day event provided attendees with the opportunity to develop their international network with in-country experts, as well as attend sessions where panelists offered practical advice on how to expand sales in the global marketplace.

The event kicked off with an evening networking reception featuring Ignite Speed Networking, a Virginia company that has the world’s only platform for group-based speed networking.

Prior to the conference, attendees were encouraged to take the Global Mindset Survey offered by the renowned Thunderbird School of Global Management. The next morning, Dr. Mansour Javidan, Director of the Najafi Global Mindset Institute and Garvin Distinguished Professor at Thunderbird, went over the results of the survey and helped attendees pinpoint areas to improve their cross-cultural interactions.

Participants then chose between two tracks for the main portion of the day. Track A included a session each on how to gain traction in the South American, Asian and European markets. Track B was geared towards defense companies and offered sessions on the Foreign Military Sales process, the Australia/U.S. Defense Trade Cooperation Treaty, and how to manage and motivate foreign distributors.

The keynote address was provided by Michael Eyestone, Minister-Counsellor (Commercial Policy) and Senior Trade Commissioner at the Embassy of Canada in Washington, D.C. Eyestone discussed the plentiful opportunities that Canada offers as the U.S.’ No. 1 export destination. It provides a strong entry point for companies new to exporting due to the ease of restrictions and common language.

The conference concluded with an evening banquet where three awards were given, recognizing excellence in international trade. The Commonwealth of Virginia Governor’s Award for Excellence in International Trade was given to Moog Components Group out of Blacksburg, Va. The Virginia International Business Council Global Excellence Award recognized Joseph Ruddy, chief operating officer at Virginia International Terminals. The Virginia TradePort Innovator of the Year Award was given to Shawn Utt of Pulaski County.

Save the date for next year’s conference, October 29-30, at The Richmond Marriott in Richmond, Va. Visit www.vacwt.org for conference details and www.exportvirginia.org to learn how VEDP can help your company sell overseas.

Paul Grossman, VEDP vice president of international trade, congratulates Greg Boyer, vice president of sales at Moog Components Group, for winning The Commonwealth of Virginia Governor’s Award for Excellence in International Trade.

UMW Hosts Transformation 20/20 — A Regional Economic Development Summit

Monday, 4 November 2013 10:34 by Info@YesVirginia.org
Last week, University of Mary Washington hosted Transformation 20/20, a summit focused on economic development in the greater Fredericksburg region...

Last week, University of Mary Washington hosted Transformation 20/20, a summit focused on economic development in the greater Fredericksburg region.

The goal of Transformation 20/20 is to develop a clear vision as the region moves toward the year 2020. The summit brought together more than 150 public and private sector attendees to discuss opportunities for collaboration across the Fredericksburg region.

Preparation for the summit began a year earlier when UMW President Rick Hurley, the UMW Center for Economic Development, and Fredericksburg Regional Alliance met with local economic development professionals and business leaders in the community. FRA is the first Virginia economic development organization to be formally affiliated with a higher education institution and is housed on UMW’s campus.

Part of the year-long planning process involved commissioning a study from Chmura Economics & Analytics, and those results were presented at the summit.

The Chmura report identified six industry clusters economic developers should include as part of their strategy to encourage job creation and capital investment in the Fredericksburg region. They include business services, finance/insurance/real estate, health and life sciences, information/communications, manufacturing, and public administration.

The Fredericksburg Regional Chamber of Commerce also presented the results of a survey of young professionals, ages 21-40, in the region. The survey found that these young adults were pleased with the job market and planned to stay in the Fredericksburg area. The group suggested improvements to traffic congestion and more recreational and networking opportunities would increase their likelihood to remain in the region.

Transformation 20/20 served as a catalyst for identifying areas of opportunity to encourage economic prosperity in the Fredericksburg community. Continued conversations about how to improve traffic, increase broadband infrastructure, and encourage entrepreneurs are expected to take place — UMW plans to make Transformation 20/20 an annual event.

To learn more about FRA and the UMW Center for Economic Development, click on the highlighted links.

UMW President Rick Hurley and Fredericksburg City Council Member Matt Kelly (right to left) discuss economic development strategy at the Transformation 20/20 summit. Photo courtesy of Fredericksburg Patch.com/Susan Larson.

STIHL Inc. Wins AME 2013 Manufacturing Excellence Award

Friday, 25 October 2013 16:19 by Info@YesVirginia.org
The Association for Manufacturing Excellence recently recognized STIHL Inc. with a 2013 Manufacturing Excellence Award at its recent AME International Excellence Inside Conference in Toronto, Canada...

The Association for Manufacturing Excellence recently recognized STIHL Inc. with a 2013 Manufacturing Excellence Award at its recent AME International Excellence Inside Conference in Toronto, Canada.

The AME Manufacturing Excellence Award is given to North American manufacturing plants that have demonstrated excellence in their manufacturing and business operations. AME seeks to acknowledge manufacturers that have implemented continuous improvement, lean principles, creativity and innovation.

STIHL’s award-winning Virginia Beach facility serves as both its U.S. headquarters and base of operations to manufacture more than 280 models of chains saws and other power equipment. The company manufactures the No. 1 brand of chain saws in the world.

According to the company, “The AME assessment team noted the facility’s strides toward the establishment of a continuous improvement system, focusing on the implementation of advanced technology, integration of automation, data systems, work instructions, signaling devices and steps toward the establishment of flow.”

Since opening its Virginia Beach plant in 1974, STIHL has grown from 20,000 square feet under one roof to more than two million square feet on a 150-acre campus. With a talented workforce of 1,900 Virginians, the company exports products to more than 90 countries around the world.

Over the last 20 years, STIHL has announced more than $335 million of investment in the Commonwealth. What keeps an innovative global leader like STIHL coming back? Virginia has successfully competed against China, Brazil and Germany due to its highly-skilled workforce, premier logistics system and pro-business environment.

To learn more about the innovative environment Virginia offers global leaders like STIHL, click here.

Glenn Marshall, chair of AME’s Manufacturing as a Desirable Career Path program; Brent Sheffler, managing director, Knowledge Transfer and Strategic Outreach at VEDP; Christian Koestler, vice president of operations at STIHL Inc.; and Dale Gehring, Chairman of AME, celebrate STIHL’s AME 2013 Manufacturing Excellence Award in Toronto, Canada.

Williamsburg-James City County School System Celebrates National Manufacturing Day

Wednesday, 23 October 2013 13:48 by Info@YesVirginia.org
The Williamsburg-James City County School system recently celebrated Manufacturing Day with tours of three local manufacturing operations...

The Williamsburg-James City County School system recently celebrated Manufacturing Day with tours of three local manufacturing operations.

Manufacturing Day is a national program that encourages companies across the U.S. to provide tours to local high school students and teachers. The goals are to illustrate the high-tech nature of the industry, encourage students to explore careers in manufacturing and STEM subjects, and build relationships between school systems and the manufacturing community.

A group of students, teachers, guidance counselors and school board members from WJCC were able to witness firsthand the advanced logistical operations of Wal-Mart Import Distribution Center and the high-tech food packaging operations of Ball Corp. and Printpack Inc.

“Our region is known for its strength in the hospitality industry. We wanted to let students know there are opportunities in other fields right here in their own community,” said Kate Sipes, one of the event organizers and business development and retention coordinator at James City County Office of Economic Development.

WJCC is also the first public school system in North America to sign up for the Association of Manufacturing Excellence “Adopt a School” initiative. This allows AME to partner with schools and local businesses to share best practices and help design curricula to improve career readiness.

“Manufacturing Day allowed students to see what modern manufacturing is — a sleek, technology-driven industry full of high-paid, fulfilling careers,” said Glenn Marshall, chair of AME’s Manufacturing as a Desirable Career Path program.

Just down the road, Newport News Shipbuilding also hosted a similar event to educate guidance counselors from the region on the advanced operations and rewarding careers available at the shipyard.

Virginia continues to be a leader in preparing students for advanced manufacturing careers with strong STEM education programs. To learn more, click here.

WJCC students, teachers and school administrators gather for a tour of Printpack Inc. as part of national Manufacturing Day.

Virginia Institute of Marine Science Bolsters the Commonwealth's Oyster Industry

Wednesday, 16 October 2013 11:08 by Info@YesVirginia.org

The Virginia Institute of Marine Science (VIMS) has played an important role in the recovery of the Commonwealth’s oyster industry through its research and educational offerings. 

The popular species of oyster found along the Atlantic Coast is named Crassostrea virginica, literally “Virginia oyster,” because of its predominance in Virginia waters, including the Chesapeake and its tributaries. Unfortunately, the wild oyster beds and natural reefs off Virginia’s coastline have been depleted over the last 100 years due to overfishing, pollution, disease and changing water temperature and saline levels.

These factors have caused the industry to migrate towards aquaculture techniques that involve cultivating oysters and closely monitoring their growth phases on and offshore.

VIMS partners with local oyster farms by sharing its scientific and industry research, providing education on sustainable aquaculture techniques, and guiding companies through the regulation process.

This has enabled small businesses to prosper, such as Rappahannock River Oyster Co. Recently featured in national news, the great grandsons of the founder quickly learned the ropes after taking over the 100-year-old family business in 2001.

Today, the company owns three restaurants and ships 100,000 oysters per week to restaurants all over the U.S., as well as Hong Kong. Rappahannock River Oyster Co. is helping to repopularize the Virginia oyster and offers four flavors. The “Rappahannock” is the sweetest variety and is grown in the Rappahannock River, while “Olde Salts” from the Chincoteague Bay is the saltiest.

According to Rappahannock River Oyster Co. Director of Operations, Captain Anthony Marchetti, “VIMS has laid the foundation to help develop quality seed that allows us to grow more oysters. Over the last five years, we’ve seen a 500 percent increase in the production of our Rappahannock oysters.”

That growth is occurring across the industry. According to VIMS, the number of a