UBED—Economic Gardening: William & Mary Incubates Growing Businesses

Thursday, 7 June 2012 10:01 by Info@YesVirginia.org
“William & Mary (W&M) is looking at how to grow what’s already in Virginia, as well as to help bring companies into the Commonwealth,” said Leonard Sledge, William & Mary’s Director of Economic Development...

As promised, VEDP is delving into UBED (University-Based Economic Development) in our institutions of higher learning across the Commonwealth.

“William & Mary (W&M) is looking at how to grow what’s already in Virginia, as well as to help bring companies into the Commonwealth,” said Leonard Sledge, William & Mary’s Director of Economic Development.

To that end, W&M’s Technology and Business Center has partnered with the county to run the James City County Business & Technology Incubator (JCC-BTI). The incubator provides support and advisory services to help accelerate the growth of younger companies. This support includes help setting goals and milestones, general business advice, organizational guidance, networking events, assistance locating financing and other service providers, and the use of a professional business facility.

The incubator also liaises with W&M’s Mason School of Business and Entrepreneurship Center. Business school professors are assigned to each incubator company to help determine strategy. Business school students are also engaged in problem-solving initiatives for incubator companies through project and classroom exercises.

Launched in January 2007, the JCC-BTI has worked with 10 companies, graduating three to date. One such graduate is MODU System, a Malaysian manufacturer of conveyor belt systems. The incubator helped the company enter the U.S. market, advising management on how to position the product and locate resellers in the U.S.

Another success story is Breathe Healthy, a manufacturer of antimicrobial face masks with superior comfort and filtering abilities. JCC-BTI helped the veteran-owned company locate key markets for its product, as well as launch international sales.

According to William Bean, Director of W&M’s Technology Business Center, “We’re looking for companies that are passionate and serious about the growth of their business. Our incubator clients span a variety of industries, but the one thing they have in common is a genuine excitement to use the services of our incubator for accelerating growth.”

To learn more about W&M’s Office of Economic Development or the James City County Business & Technology Incubator, click on the highlighted links.

Mail America Expands in Bedford County, Virginia

Monday, 4 June 2012 13:31 by Info@YesVirginia.org

On Tuesday, advertising company Mail America announced plans to expand operations in Bedford County through a $5 million investment. The company will maintain its current facility while adding another 42,000 square feet through a nearby location.

This expansion will create 75 new jobs over the next three years as the company seeks to hire print and mail insertion operators, maintenance staff and administrative personnel to help meet growing customer demand.

Producing nearly 400 million U.S. mail pieces each year, Mail America has operated in Bedford County since 1989 and currently employs 325 Virginians. The company’s positive experience with the region’s skilled and motivated workforce was a major deciding factor for this project.

Virginia’s competitive operative costs and pro-business environment also influenced the company’s decision to expand in the Commonwealth. According to Virginia Delegate Kathy Byron, “Our region continues to demonstrate that it is an ideal place for businesses to grow and to locate. The attributes we have here—reasonable taxes and regulations, a skilled and talented workforce, and welcoming state and local governments that are ready to work as partners—are instrumental to the success of firms like Mail America.”

This is the second expansion Bedford County has seen this year. Forestry Equipment of Virginia announced plans to expand its truck assembly business earlier in March. Both companies received assistance from the Virginia Tobacco Indemnification and Community Revitalization Commission for their expansions.

To learn why companies continue to find success in the Commonwealth and why Virginia is ranked America’s Top State for Business, click here.

UBED — Virginia Tech Leverages Alumni Network to Develop Cyber Security Solutions

Thursday, 31 May 2012 10:51 by Info@YesVirginia.org
Virginia Tech has developed a number of University-Based Economic Development (UBED) programs as part of its long-term strategy to help connect faculty and students with companies and communities...

Virginia Tech has developed a number of University-Based Economic Development (UBED) programs as part of its long-term strategy to help connect faculty and students with companies and communities. 

According to John Provo, Office of Economic Development Director, “The global network starts as soon as you walk out the door. We facilitate the sharing of Virginia Tech’s intellectual capital with the private sector to develop problem-solving solutions.”

One such group is VT-IDEA (Virginia Tech Intelligence and Defense Executive Alumni). Founded in January 2009, VT-IDEA is made up of alumni working in senior government and industry positions in the national security sector. The group’s mission is two-fold:  it serves as both a resource for national security professionals to better connect, and it helps Virginia Tech get even more plugged in to the national security space.

Through its efforts to build a faster pipeline from the research in Blacksburg to the cyber security needs in D.C., VT-IDEA has recently helped introduce two new ideas to industry insiders. The first is a data safeguarding device that can wipe tablets and cell phones clean, removing confidential information once the individual has left a secured area. The second technology foils radio signal eaves-droppers. The technology senses the intrusion and reconfigures the network to make it secure.

VT-IDEA not only helps spot and commercialize winning solutions; it also puts early stage entrepreneurs in touch with financing and venture capital sources. The group will be doing just that at its upcoming meeting “VT-IDEA Presents Innovation and Entrepreneurship at VTECH” on June 21 at the VT Research Center - Arlington.

To learn more about how the VT-IDEA group and Virginia Tech’s Office of Economic Development are building partnerships with the business community, click on the highlighted links.

German Manufacturer McAirlaid’s Expands in Virginia

Wednesday, 30 May 2012 13:19 by Info@YesVirginia.org
German manufacturer McAirlaid’s recently celebrated the addition of a 75,000-square-foot expansion to its existing U.S. headquarters in Rocky Mount, VA. Adding to the company’s 70,000-square-foot facility at Franklin County Commerce Center, the expansion will increase the company’s global capacity by 30 percent while creating 40 new jobs in the region...

German manufacturer McAirlaid’s recently celebrated the addition of a 75,000-square-foot expansion to its existing U.S. headquarters in Rocky Mount, Va. Adding to the company’s 70,000-square-foot facility at Franklin County Commerce Center, the expansion will increase the company’s global capacity by 30 percent while creating 40 new jobs in the region.

The expansion provides McAirlaid’s with the additional space to serve its customers in the hygiene, medical, food packaging, filtration and home décor spaces through its non-woven absorbency materials. It also allows the company to reduce imports of raw materials and rely more heavily on U.S. vendors, primarily on the East Coast.

McAirlaid’s first announced it would establish its U.S. headquarters in Virginia through an $85 million investment in 2006. In the words of CEO Alexander Maksimow, “Franklin County’s commitment to education through the public school system and job training programs, coupled with an existing workforce of highly motivated people with a strong work ethic, were key factors in McAirlaid’s site selection.”

Since opening its U.S. headquarters in Franklin County in March 2008, the company has received a warm welcome while experiencing the benefits of Virginia’s skilled workforce, education system and premier East Coast location. This additional investment allows McAirlaid’s to build on its success to date, illustrating the company’s commitment to grow in Franklin County.

To learn why companies continue to locate in Virginia due to the Commonwealth’s skilled workforce and excellent education system, click here.

Company and local officials joined Mary Rae Carter, Deputy Secretary of Commerce and Trade for Rural Economic Development, at McAirlaid’s ribbon-cutting ceremony.

UBED — Old Dominion University Develops A Knowledge Community

Thursday, 24 May 2012 10:08 by Info@YesVirginia.org
Universities play an essential role in developing the human capital so important to economic development, leading to the current term UBED (University-Based Economic Development). Over the coming weeks, VEDP will feature a series of blogs focusing on what universities are doing across the Commonwealth to play a more active role in reaching out to the business community...

Universities play an essential role in developing the human capital so important to economic development, leading to the current term UBED (University-Based Economic Development). Over the coming weeks, VEDP will feature a series of blogs focusing on what universities are doing across the Commonwealth to play a more active role in reaching out to the business community.

According to Tom Osha, President and CEO of Old Dominion University’s (ODU) Innovation Research Park (IRP), ODU is transitioning to a more active role in economic development by developing a 24/7 live-work-play community. IRP is capitalizing on the move away from traditional research parks to an updated model — the “knowledge community.” 

This new community caters to the next generation of researchers who desire a higher level of engagement in the neighborhood where they work. No longer satisfied with commuting home to the suburbs, this generation is looking to live, work and play all in the same location. 

IRP provides just that through its location within ODU’s University Village. Impressive on its own, IRP currently has 350 employees working in two 100,000-square-foot buildings, with plenty of room for expansion. Add to that University Village’s 10 restaurants, retail stores, hotel, theater, art gallery and the Ted Constant arena, and one can see the attractiveness of such a hub.

The economic development impact occurs when companies are drawn to communities like this, bringing with them investment and new jobs to the area. One such company is ipConfigure, which chose to locate at IRP over a location in Texas due to ODU’s multidimensional offerings.

ODU’s Computational Intelligence and Machine Vision Lab was a significant consideration for the company, as their video surveillance technology utilizes just the sort of facial recognition algorithms developed at the lab. Easy access to a qualified employee base and close proximity to amenities also clinched the deal.

"ipConfigure hires ODU graduates and interns, utilizes the ODU Business Gateway, eats in the ODU Village, puts guests up at the hotel, buys tickets to ODU football and other sporting events, and attracts its customers to come to IRP to see the research happening at the Vision Lab and elsewhere around ODU," Osha stated.

The university also put ipConfigure in touch with the Virginia Port Authority, the first customer of the company’s new Wide Area Surveillance products.

ODU is a shining example of a Virginia university that is seeking to bring the benefits of its research outside the classroom by catering to the needs of businesses. To learn more about ODU’s interaction with the business community, click here.

Blacksburg, Va. Ranked Top 5 on Forbes.com Best Small Cities for Jobs List

Tuesday, 22 May 2012 13:12 by Info@YesVirginia.org
The Blacksburg-Christiansburg-Radford area was ranked Top 5 on the recently published Forbes.com Best Small Cities for Jobs list. Looking at 242 MSAs, Forbes.com calculated the ranking using employment numbers from the Bureau of Labor Statistics for the period November 2000 through January 2012...

The Blacksburg-Christiansburg-Radford area was ranked Top 5 on the recently published Forbes.com Best Small Cities for Jobs list. Looking at 242 MSAs, Forbes.com calculated the ranking using employment numbers from the Bureau of Labor Statistics for the period November 2000 through January 2012.

This ranking continues the positive recognition the region has received including a No. 4 rating on Site Selection magazine’s Governors Cup for metro areas with a population of less than 200,000. Blacksburg, Va. was also named the No. 1 Best Place in the U.S. to Raise Kids by Bloomberg Businessweek.

The Blacksburg-Christiansburg-Radford MSA continues to receive accolades for a number of reasons. Home to top-ranked Virginia Tech, the area’s workforce is highly educated, with two-thirds of residents above the age of 25 holding a bachelor’s degree or higher and 40 percent holding a graduate or professional degree.

The research capabilities of Virginia Tech combined with a highly-educated workforce have proven to be a winning combination, attracting companies and research parks to the area. The Virginia Tech Corporate Research Center, located adjacent to Virginia Tech’s main campus, is home to 140 high-tech companies which employ more than 2,200 Virginians.

The Blacksburg-Christiansburg-Radford MSA is able to retain its highly-skilled workforce due to the strong quality of life the region offers. The family-friendly community provides residents with numerous recreational activities due to its convenient access to the Appalachian Trail, Washington-Jefferson National Forest, Smith Mountain Lake and New River.

To learn more about the Commonwealth’s plentiful resources — including a world-class workforce, top-ranked education system and strong quality of life — that make Virginia America’s Top State for Business, click here.

Virginia State University’s Business School Wins Three Awards

Monday, 21 May 2012 09:44 by Info@YesVirginia.org
Congratulations to Virginia State University’s (VSU) Reginald F. Lewis School of Business for winning three awards over the last few months...

Congratulations to Virginia State University’s (VSU) Reginald F. Lewis School of Business for winning three awards over the last few months.

Last week, VSU’s business school was awarded the RichTech Technology Innovation Deployment Award for its creative use of technology to enhance a process. RichTech honors organizations that help advance Virginia’s technology-based economy.

This win was a nice follow-up to the “Best Business Program in the Country” award received earlier this month from The Center for Historically Black Colleges and Universities (HBCU). The Center for HBCU ranked VSU’s business school No. 1 for its commitment to innovation. 

Last September, VSU’s business school received the Governor’s Technology Award in the category of Innovation in Higher Education. The award was presented at the Commonwealth of Virginia Innovative Technology Symposium in recognition of the most creative initiatives in the public sector. 

All three awards recognized the business school’s “Digital at the Core” initiative. As the first school in the country to delivery its core curriculum primarily via digital format, the school launched its pilot program in the fall of 2010. Digital textbooks, MP3 audio chapters, MP3 study guides, quizzes and flashcards were all available via download for a cost-friendly licensing fee of $19.95.

Founded in 1882, VSU is an example of Virginia’s premier higher education system that partners with industries to prepare students with the technological training and skills they will utilize upon entering the workforce.

To learn more about Virginia’s highly skilled workforce as well as customized training and recruitment programs, click here.

Digital Realty Adds to Loudoun County’s Data Center Alley

Friday, 18 May 2012 09:06 by Info@YesVirginia.org
Congratulations to Loudoun County for winning another expansion from data center provider, Digital Realty. The company officially broke ground on its fourth building in what’s known as “Data Center Alley” in Loudoun County, Va...

Congratulations to Loudoun County for winning another expansion from data center provider, Digital Realty. The company officially broke ground on its fourth building in what’s known as “Data Center Alley” in Loudoun County, Va.

The two-story, 214,000-square-foot building will house 10 data centers and bring an $80 million investment along with 180 temporary positions and 12 full-time jobs to the area. With more than 50 percent of the world’s internet traffic flowing through Loudoun County each day, the region certainly has become a hub for leading data center operations. Add to that an energy rate 28 percent below the national average and 10 million square feet of data center capacity, and one can easily see why data centers are flocking to Virginia.

Data processing was actually the dominant sector across the Commonwealth in 2011, accounting for more than $960 million in capital investment and almost half of the nonmanufacturing investment. Virginia is poised to continue its growth in the sector as it has both the highest concentration of high-tech workers in the nation and the advanced telecom infrastructure across the Commonwealth to support the industry.

Virginia data centers claimed three of the top 10 spots in Southern Business & Development’s 2011 Ten Best Data Center Sites in the South list. In addition, Bristol, Va., was touted in the study Broadband at the Speed of Light as one of the first municipalities in the nation to build a citywide Fiber-To-The-Home network.

To learn why leading companies have invested more than $4.4 billion in Virginia data centers over the last ten years, click here.

State, local and company officials celebrated the opening of Digital Realty’s newest building at the groundbreaking ceremony in Loudoun County.

ICF International Opens Business Process Management Center in Henry County, Va.

Monday, 14 May 2012 16:58 by Info@YesVirginia.org

Governor McDonnell and Lieutenant Governor Bolling attended the ribbon-cutting ceremony in Henry County, Va., to celebrate the opening of ICF International’s Business Process Management operations center. The opening of the facility comes just over a year after the Governor announced the project would bring 539 new jobs and a $15 million investment to Southern Virginia.

As a global professional and technology services firm, locating near a skilled workforce is critical. Following the company’s $20 million expansion of its Fairfax County headquarters in 2010, this project is further validation of the strength of Virginia’s workforce across the state. 

This victory also illustrates the breadth of Virginia’s technology infrastructure, another key deciding factor that helped the Commonwealth compete against Georgia, Maryland, Tennessee and West Virginia. Companies in Southern Virginia can take advantage of Mid-Atlantic Broadband Cooperative’s 800 mile open-access, fiber optic broadband network.

In the words of ICF International Chairman and CEO Sudhakar Kesavan, “ICF is proud to expand its operations in Virginia and to call the Commonwealth its home. As a professional services firm, ICF International maintains its global headquarters here, which offers the best combination of a robust economy, a pro-business climate, a high-quality workforce, and an outstanding quality of life for ICF employees. We are pleased to open this new operations center in Henry County and to build our workforce from local residents.”

With the highest concentration of technology workers in the country, Virginia continues to attract world-class companies and gain recognition as the Top State for Business. To learn more, click here.

Governor McDonnell addresses the crowd at ICF International’s ribbon-cutting ceremony in Martinsville, Va.

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Virginia Wins Site Selection Magazine’s 2011 Competitiveness Award

Monday, 7 May 2012 09:49 by Info@YesVirginia.org
Site Selection Magazine named Virginia the winner of its annual Competitiveness Award, which recognizes excellence on the part of a state-level economic development group...

Site Selection magazine named Virginia the winner of its annual Competitiveness Award, which recognizes excellence on the part of a state-level economic development group. The Virginia Economic Development Partnership (VEDP) accepted the award at the Industrial Asset Management Council’s Spring Professional Forum held in Austin, Texas.

The Competitiveness Award was based on a 10-factor index using Conway Data Inc.’s New Plant database. The number of new and expanded facilities, capital invested in new and expanded facilities, total jobs created, the individual state tax climate and state unemployment rate were a few of the factors used in selecting the Commonwealth as the winner.

Virginia’s low-tax business climate, right to work status and competitive operating costs were just some of the benefits touted by Site Selection. Add to that a world-class transportation infrastructure, robust telecommunications network, and a tech-savvy workforce, and it’s easy to see why Virginia is the clear winner.

This award continues the positive recognition the Commonwealth has seen in 2012. Virginia has already been recognized with a Top 3 Economic Outlook Ranking from the American Legislative Exchange Council’s Rich States, Poor States study, a Top 5 ranking in Site Selection’s Governor’s Cup, a Top 3 ranking on Gallup’s Job Creation Index, and a Top 10 ranking on Chief Executive’s Best States for Business.

To learn why Virginia continues to garner attention as a top state for business, click here.

Mark Arend, Site Selection Editor in Chief, presents VEDP representative Brent Sheffler with the Competitiveness Award.

Balchem Corp. Opens First Operation in Virginia

Wednesday, 2 May 2012 12:53 by Info@YesVirginia.org
Alleghany County won a new manufacturing operation when Balchem Corporation decided to locate its first operation in the Commonwealth there. The project will bring an initial investment of approximately $10 million and 55 new jobs to the region over the next 2-3 years...

Alleghany County won a new manufacturing operation when Balchem Corporation decided to locate its first operation in the Commonwealth there. The project will bring an initial investment of approximately $10 million and 55 new jobs to the region over the next 2-3 years.

As a leading producer of encapsulated ingredients for the animal nutrition and health market, Balchem’s growing portfolio of products has gained strong market acceptance at a global level. The manufacturing facility in Covington, Va., will allow Balchem to build on this success by more than doubling its output capacity for this market.

Virginia’s strong manufacturing workforce, rich raw material supply and competitive overall cost structure weren't the only reasons the Commonwealth was selected for this project. Alleghany County’s strategic location was also a critical factor in the selection process. Direct access to Interstates 64 and 81 will provide the company with convenient access to customers in the Northeast and Midwest markets, and close proximity to Virginia’s world-class port system will allow Balchem to easily serve its international customers.

A 45-year-old, publicly-traded company, Balchem was ranked #29 on Forbes.com’s 2011 America’s Best Small Companies list. To learn more about Virginia’s extensive manufacturing capabilities and why the Commonwealth continues to attract top companies like Balchem, click here.

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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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Check out VEDP’s Ad for the UCI Road World Championships on NBC Sports

Tuesday, 22 September 2015 16:41 by Info@YesVirginia.org
As many of you are already aware, the 2015 UCI Road World Championship cycling event is taking place in Richmond this week. Excitement has built around the event, which is returning to the U.S. for the first time in nearly 30 years...

As many of you are already aware, the 2015 UCI Road World Championship cycling event is taking place in Richmond this week.

Excitement has built around the event, which is returning to the U.S. for the first time in nearly 30 years. It is a huge coup for Richmond to have been selected as the host city and furthers its reputation as a global destination. The championships are held annually in an international city chosen by the Union Cycliste Internationale through a competitive bidding process.

With 450,000 spectators expected to watch the race onsite and a TV audience in the hundreds of millions, this is certainly a tremendous opportunity to represent Virginia on the world stage. 

The Virginia Tourism Corp. has partnered with Richmond 2015, the organizer of the nine-day event, and will air 500 30-second commercials across U.S. domestic television broadcasts during the event. As part of Virginia's sponsorship, VEDP received a portion of these spots and produced a new commercial tailored to the UCI event that is airing on NBC Sports Network during the race this week.

VEDP worked with Richmond companies Elevation Advertising to create the ad and The Branching to produce it. Overcoast developed the original background track, incorporating the cycling sounds.

Richmond is fortunate to have a strong cycling culture and was able to draw upon local talent to film the ad. We’re grateful to Carytown Bicycle Company, who provided items for the shoot, and local cyclist John Eiler, who rides for Team Carytown Bicycle Company and appears in the commercial.

Sports commentators have already remarked on the beauty of the city and the diverse and challenging courses that Richmond offers to competitors.

To learn why Virginia is a great place to live, work and play, click here. Check out our TV ad below.

CCAM Graduates First Class of Transitioning Military and Veteran Training Students

Tuesday, 15 September 2015 14:58 by Info@YesVirginia.org
The Commonwealth Center for Advanced Manufacturing recently celebrated the graduation of its first class from the Transitioning Military and Veteran Training Program. This initiative provides advanced manufacturing and precision machining training for active duty and veteran soldiers preparing to enter the civilian workforce...

The Commonwealth Center for Advanced Manufacturing recently celebrated the graduation of its first class from the Transitioning Military and Veteran Training Program. This initiative provides advanced manufacturing and precision machining training for active duty and veteran soldiers preparing to enter the civilian workforce.

The program was developed through a collaboration among CCAM, the Virginia Tobacco Region Revitalization Commission, the Southern Virginia Higher Education Center, Southside Virginia Community College, the Crater Regional Workforce Investment Board, the Virginia Employment Commission, 180 Skills and the Fort Lee Soldier for Life – Transition Assistance Program.

Fort Lee’s Soldier for Life program identified a group of transitioning soldiers to participate in the inaugural class. This gave the soldiers the opportunity to receive training, free-of-charge, during the last few months of their enlistment to prepare them to quickly begin a civilian career.

Training took place at SVCC’s Emporia Center and included 162 modules of interactive, online learning and 300+ hours of hands-on training. Instructors were provided by SVCC and SVHEC.

The eight graduates received a Machining Skills Certificate from SVCC and five industry credentials, including OSHA 10 and 4 NIMS (National Institute of Metalworking Skills) certifications.

Employers in the region, including Enclos Inc., Jewett Machine Inc., Richmond Tooling Inc., Rolls-Royce, Coesia North America and Kosmo Machine Inc. actively supported the program by participating in the curriculum design and visiting and mentoring students along the way.

All eight graduates have received job offers. 

“The motivation of the students and employers made this first class a success,” said CCAM Director of Workforce Development Bruce Sobczak. “Driven by feedback from local employers, we’re currently looking at expanding the curriculum to include industrial maintenance technician and industrial CAD drafter certifications, as well as adding a location to serve the military workforce in the Hampton Roads region.”

To learn more about the Transitioning Military and Veteran Training Program, contact Bruce Sobczak at bruce.sobczak@ccam-va.com.

More than 18,000 people exit Virginia military bases each year and enter the civilian workplace. This initiative is another shining example of the public-private partnerships that keep Virginia’s workforce at the top of their game. To learn more, click here.

The Transitioning Military and Veteran Training Program students celebrate their graduation with CCAM’s Bruce Sobczak (center) and their Fort Lee program managers (in uniform). Photo courtesy of CCAM.

McKee Foods Celebrates 25 Years in Virginia

Wednesday, 26 August 2015 16:14 by Info@YesVirginia.org
McKee Foods recently celebrated the 25th anniversary of its Stuarts Draft manufacturing facility in Augusta County, Va. McKee Foods is known for its Little Debbie® line of snack cakes. The family business has grown from a five-person bakery in the 1930’s to America’s No. 1 brand of snack cakes...

McKee Foods recently celebrated the 25th anniversary of its Stuarts Draft manufacturing facility in Augusta County, Va.

McKee Foods is known for its Little Debbie® line of snack cakes. The family business has grown from a five-person bakery in the 1930’s to America’s No. 1 brand of snack cakes.

The Stuarts Draft plant is one of the most advanced facilities in the baking industry. The company established the bakery in 1990 to produce oatmeal crème pies, honey buns and other bakery products.

The company’s most recent announcement in October 2014 included a $34 million investment and 54 new jobs to expand the facility.

McKee Foods employs more than 1,000 people and is the largest manufacturing employer in Augusta County. The company frequently credits the high productivity of its Virginia workforce as paramount to its success.

"We have found our Virginia workforce to be some of the most loyal and highly-skilled employees in the industry — and about 85 members of our Virginia workforce have been at the plant since it opened," said McKee Foods President and CEO Mike McKee.

In addition to a strong manufacturing workforce, Virginia provides McKee Foods with a strategic location, offering easy access to the company’s Northeastern and Canadian customers. Located in the beautiful Shenandoah Valley, the Stuarts Draft location offers McKee employees a high quality of life with close proximity to the Blue Ridge Parkway, Appalachian Trail and numerous national parks.

To learn why more than 580 leading food and beverage companies, like McKee Foods, have chosen to locate in Virginia, click here.

Representatives from McKee Foods, Augusta County and VEDP celebrate the company’s 25th anniversary in Stuarts Draft, Va. Photo courtesy of McKee Foods Corp.

Virginia Receives an “A” for Small Business Friendliness

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

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

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

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

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

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

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

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

Image courtesy of Thumbtack.com

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

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

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

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

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

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

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

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

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

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

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

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

VEDP’s Dan Gundersen to Speak at White House Forum on Economic Development

Wednesday, 29 July 2015 16:00 by Info@YesVirginia.org
VEDP’s COO Dan Gundersen was selected to speak at the fourth annual White House Forum on Economic Development hosted by the International Economic Development Council and SelectUSA...

VEDP’s COO Dan Gundersen was selected to speak at the fourth annual White House Forum on Economic Development hosted by the International Economic Development Council and SelectUSA.

This one-day summit allows a select group of economic development leaders from around the country to directly engage with senior members of the Obama Administration on topics with the greatest potential to impact job creation, such as infrastructure development, international trade and attraction, and manufacturing.

Gundersen will participate on a four-person panel entitled “Targeting and Landing Prospects:  Best Practices in International Attraction,” moderated by Peggy Philbin, Deputy Executive Director and Chief Operating Officer of SelectUSA. He is the only state representative and will be joined by regional economic developers from Phoenix, Minneapolis/St. Paul and southeastern Michigan.

Gundersen will highlight Virginia’s presence around the globe, the Governor’s missions and recent successes of the VEDP team. 

“The White House Forum is a tremendous opportunity to meet with senior officials and discuss ways in which federal, state and local groups can work together to advance economic development and job creation. It’s an honor to be included with such a distinguished group to discuss the challenges facing our nation and the opportunity to broaden our message globally that the U.S. is a great location for business and investment,” said Gundersen.

Virginia will be well-represented as Barry Matherly, President and CEO of the Greater Richmond Partnership, was selected to moderate a panel on the next generation of manufacturing. Matherly also serves as the Vice Chair of the IEDC.

To learn more about Virginia’s unique combination of resources and why more than 700 international companies have chosen to call the Commonwealth home, click here.

RaesWear — Pouch Pants that Solve the Storage Problem

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Virginia Western Community College Offers Cutting-Edge Mechatronics Training

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

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

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

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

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

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

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

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

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

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

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

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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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Virginia to Offer Foreign Direct Investment Expertise

Friday, 24 March 2017 09:51 by Info@YesVirginia.org

The Virginia Economic Development Partnership will attend the German American Trade Association’s U.S. Entry Meeting in Stuttgart, Germany on March 29.

The German American Trade Association is a nonprofit organization that offers seminars and advice on site selection, funding, customs affairs, and finding agents and distributors for companies looking to do business with the U.S.

Ryland Potter, a member of VEDP’s Business Investment division, will serve as a foreign direct investment expert and speak on subsidies and grants available to German companies looking to expand into the U.S. market.

Virginia is a leading gateway to successful business in North America, with more than 550 internationally-owned companies choosing to call the Commonwealth home.

"Companies thinking about establishing a subsidiary in the U.S. attend GATA meetings to get the most up-to-date information in order to assess their potential,” said Luisa Blumfeld, GATA’s Marketing Director.

VEDP values its partnership with the German American Trade Association and the opportunity to meet with companies directly to showcase Virginia as a location to do business.

International companies have invested more than $8.3 billion over the past 10 years. To learn why so many companies choose to invest in Virginia, click here.

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Virginia Economic Developers Recognized in National Ranking

Wednesday, 25 January 2017 14:20 by Info@YesVirginia.org

Five of Virginia’s top economic developers were recognized on Consultant Connect’s 2017 list of North America’s Top 50 Economic Developers last week.

Consultant Connect, an agency designed to bridge the gap between economic developers and site consultants, announced its annual list of leaders in the industry. The recognized economic development professionals were nominated by their colleagues in both the economic development industry and the site consultant community for excellent practices and innovation and success in building the communities they serve.

Virginia tied for the second most appearances of any state on the list of top economic developers. We are thrilled to congratulate:

    - Pandy Brazeau, Virginia Economic Development Partnership

·         - Carrie Chenery, Shenandoah Valley Partnership

·         - Beth Doughty, Roanoke Regional Partnership

·         - Megan Lucas, Lynchburg Regional Business Alliance

·         - Buddy Rizer, Loudoun County Department of Economic Development

This recognition is a testament to Virginia’s dedicated economic development team at the state, regional and local levels. VEDP is proud to work with such a committed team, and we are thrilled to have so many colleagues recognized on this list.

 

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Georgia Pacific’s Big Island Mill Celebrates 125 Years in Virginia

Thursday, 26 May 2016 13:53 by Info@YesVirginia.org

Virginia is celebrating Business Appreciation Month by showcasing Georgia Pacific and the 125th anniversary of its Big Island paper mill in Bedford County, Virginia.

Georgia Pacific is one of the world’s leading manufacturers and distributors of tissue, pulp, paper, packaging, building products and related chemicals. Located just north of Lynchburg on the James River, Big Island mill is one of four Georgia Pacific locations in Virginia. The other facilities are located in Gladys, Emporia and Ridgeway.

The Big Island mill has been in continuous operation since 1891, when the first roll of paper was produced. The mill has faced ownership changes, fire, floods, and machinery and technological shifts during the past 125 years.

The paper mill’s most recent announcement in 2015 included a $50 million investment to improve reliability and environmental performance and upgrade technology.

To mark the mill’s 125 years of continual operation, Georgia-Pacific has launched a year-long commemoration throughout 2016 to honor the mill’s history, celebrate generations of employees and to thank the community for its enduring support.

The Big Island facility employs about 330 people and is Bedford County’s oldest business. The company credits its success to the community, which helped sustain and support Big Island and generations of families who continue to work at the mill for more than a century.

In addition to a strong manufacturing workforce, Virginia provides Georgia Pacific with a strategic location, offering easy access to the company’s customers. Located on the upper James River, the Big Island location offers employees a high quality of life with close proximity to the Blue Ridge Mountains, scenic hiking and biking trails, and numerous national parks.

As we celebrate Virginia Business Appreciation month, Georgia Pacific’s Big Island paper mill serves as a great example of how Virginia can offer long-term prosperity. To learn why companies like Georgia Pacific call Virginia home, click here.

An undated photo of a maintenance crew working at the Big Island paper mill.

Craft Beer Industry Thrives in Virginia

Thursday, 5 May 2016 09:22 by Info@YesVirginia.org

Virginia is celebrating Business Appreciation Month in Philadelphia this week by showcasing local breweries during BrewExpo America, the country’s largest craft brewery industry gathering.

America’s beer-brewing tradition began more than 400 years ago in historic Jamestown. Today, more than 130 licensed breweries call Virginia home and have an economic impact of $1 billion. The Commonwealth’s craft brewing industry began to flourish in 2012 when a new state law allowed breweries to sell their beer for on-premises consumption. In 2015, Virginia craft brewers produced 274,111 barrels of beer – 346% more than in 2011.

Across the Commonwealth, communities are engaged in helping the craft beer industry thrive. Virginia Tech hosts the largest, and one of few remaining, barley breeding programs in the eastern U.S. The university is also home to a state-of-the-art, new brewhouse and malting system to support industry research in fermentation and brewing.

The first commercial-scale hops drying and pelletizing facility in the Mid-Atlantic was created by Lucketts Mill & HopWorks at Black Hops Farm in Loudoun County. Michigan-based Pilot Malt House announced the opening of its second artisan craft malting operation in Loudoun County in 2015 at Black Hops Farm. The project is a collaboration between the Commonwealth, Loudoun County and Pilot Malt House and includes funding from the Governor’s Agriculture and Forestry Industries Development Fund.

Richmond’s Hardywood has been a key player in Virginia’s thriving craft beer industry. Founded by lifelong friends, Hardywood has been brewing beer since 2011. The brewery’s beers have earned international praise with medals at the World Beer Cup and Great American Beer Festival in addition to receiving a rare 100 rating by BeerAdvocate Magazine. Hardywood was rated Virginia's Top Brewery by RateBeer.com users and Thrillist.com recognized it as Virginia’s Best Brewery. The Greater Richmond Chamber Business Council awarded Hardywood the Business of the Year Award in 2013.

In Alexandria, Port City Brewing Company opened its brewery in January 2011 to create more options for quality, locally produced craft beer to Northern Virginia. Port City Brewing Company was named Small Brewing Company of the Year at the 2015 Great American Beer Festival in Denver, and has received numerous awards and recognition since 2011.

Virginia is proud to showcase its craft beer assets and local breweries at BrewExpo America. Governor Terry McAuliffe hosted a Virginia craft beer reception along with the Virginia Economic Development Partnership, the Virginia Department of Agriculture and Consumer Services, Virginia’s craft brewing community and our partners.

As we celebrate Virginia Business Appreciation Month, the craft beer industry serves as a great example of the passion and dedication of Virginia entrepreneurs. To learn why the Commonwealth is a great location to grow a business, click here.


Virginia team during BrewExpo America 2016

Governor McAuliffe Signs Memorandum of Understanding with Jeollanam-do Provincial Government to Enhance Economic Activity

Thursday, 25 February 2016 09:58 by Info@YesVirginia.org
Governor McAuliffe Signs Memorandum of Understanding with South Korea’s Jeollanam-do Provincial Government to strengthen economic and cultural ties. VEDP joined Virginia Secretary of Commerce and Trade Maurice Jones, Virginia Secretary of Agriculture and Forestry Todd Haymore at the signing ceremony, and look forward to enhancing economic activity.

Governor McAuliffe Signs Memorandum of Understanding with South Korea’s Jeollanam-do Provincial Government to strengthen economic and cultural ties.

VEDP joined Virginia Secretary of Commerce and Trade Maurice Jones, Virginia Secretary of Agriculture and Forestry Todd Haymore at the signing ceremony, and look forward to enhancing economic activity.

The Commonwealth and Jeollanam-do Province share a common desire to exchange information to enhance mutually beneficial economic and cultural activity, including research and development, governmental collaboration, and other related activity pertaining to growth industries, including information and communication technology, agriculture, logistics, energy, and other areas within the global market.

Over the past four decades, the Republic of Korea has demonstrated incredible economic growth and global integration to become a high-tech industrialized economy. Today, the Republic of Korea is the world's 12th largest economy, and ranks 12th among Virginia export destinations. Some of the top opportunities for U.S. exporters in South Korea include:

  • Aerospace Industry
  • Defense Industry Equipment
  • Cosmetics
  • Energy: New and Renewable
  • Medical Equipment
  • Laboratory Scientific Instruments
  • Pollution Control Equipment
  • Education Services

This agreement solidifies the importance of leveraging partnerships in order to build a new Virginia economy. To learn more about Virginia’s global focus, click here.


Governor Terry McAuliffe and Governor Nak Yon Lee of Jeollanam-do Provincial Government celebrate signing of MOU.

Plastics Industry Thrives in Virginia

Wednesday, 17 February 2016 12:52 by Info@YesVirginia.org
This week, VEDP sponsored and attended the Plastics News Executive Forum in Naples, Florida. We had the opportunity to talk with many of the world’s top plastics processors and share the benefits of doing business in Virginia.

This week, VEDP sponsored and attended the Plastics News Executive Forum in Naples, Florida. We had the opportunity to talk with many of the world’s top plastics processors and share the benefits of doing business in Virginia.

Virginia’s strategic mid-Atlantic location and superior transportation network provide access to 43% of the U.S. population within a one-day (10 hour) drive. These assets combined with our competitive operating costs make an ideal location for plastics companies.

The Port of Virginia is a leading gateway to the global market, offering direct connection to over 100 foreign ports. The Port offers the single best infrastructure on the East Coast with no overhead obstructions, on-dock rail service, easy access to ocean lanes, and is the only East Coast port with Congressional authorization to dredge to 55 feet.

Virginia is home to over 200 plastics companies that employ more than 20,300 Virginians. A few companies who call Virginia home include Rubbermaid, TREX, General Packaging, Klockner Pentaplast, Hanwha Azdel and Variform.

Since 2005, plastics and advanced materials companies have invested $1.01 billion and created more than 4,600 new jobs in Virginia. To learn more about Virginia’s plastics industry, click here.

 
Panel of plastics professionals during the Plastics News Executive Forum.

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The Virginia Jobs Investment Program Celebrates Its 50th Anniversary

Wednesday, 23 December 2015 13:46 by Info@YesVirginia.org
The Virginia Jobs Investment Program celebrates its 50th anniversary this year. Created in 1965 as part of the Industrial Training division of the Virginia Community College System, the program provides consultative services and funding to companies creating new jobs or experiencing technological change.

The Virginia Jobs Investment Program celebrates its 50th anniversary this year.

Created in 1965 as part of the Industrial Training division of the Virginia Community College System, the program provides consultative services and funding to companies creating new jobs or experiencing technological change.

VJIP is state-funded, demonstrating Virginia’s commitment to enhancing job opportunities for its citizens. It is estimated that VJIP has supported more than 2,500 projects, over 365,600 jobs and $29 billion in capital investment within its 50 years.

“For five decades, the Virginia Jobs Investment Program has continuously improved the professional delivery of services that positively impact our businesses’ most important resource—their labor pool. We are confident that VJIP, along with its higher education and workforce system partners, will continue to play an integral role in connecting growing businesses with Virginia’s talent for the next five decades to come,” said Governor McAuliffe.

VJIP was moved to the Virginia Department of Economic Development in 1985, and then to the Virginia Department of Business Assistance in 1998. In July 2014, the Virginia Economic Development Partnership became the administrator of the program, where it is now more closely aligned with Virginia’s economic development strategies and corporate outreach in an efficient way to partner with allies and serve companies more effectively.

Working closely with company personnel, the Virginia Jobs Investment Program offers consulting services at no charge, in addition to direct funding to offset eligible companies’ recruitment and training costs.

Assistance in any of the programs offered by VJIP is eligible to projects that create basic employment for the Commonwealth, as basic employment brings new income into the state, stimulates additional employment, and is the basis for further economic growth. These businesses or functions must directly or indirectly derive more than 50% of their revenues from out of state sources, as determined by VJIP.

For more information on VJIP, please visit http://www.yesvirginia.org/AssetRich/VJIP.

The VJIP team celebrates its 50th anniversary during the December VEDA meeting.

The Southern Virginia Higher Education Center’s Welding Program Holds Its First Completion Ceremony

Tuesday, 22 December 2015 14:49 by Info@YesVirginia.org

The Southern Virginia Higher Education Center’s Welding program held its first completion ceremony on December 10.

The ceremony recognized the first 15 students to enroll in Welding@SVHEC, a short term, accredited training program that provides students with instruction in MIG, TIG, stick and pipe welding. This non-credit program is accredited by the National Center for Construction Education and Research. Welding instruction takes place in the SVHEC’s new, state-of-the-art welding lab.

This program started in response to employer requests for more trained, certified workers. The SVHEC’s Workforce Services department worked with Virginia Technical Institute to bring this program to South Boston, Virginia.

Virginia has a nationally acclaimed education system which ensures businesses have a steady pipeline of skilled workers, and now adds another industry recognized program to Southern Virginia.

The Virginia Community College System provides occupational and technical training programs, many of which are designed specifically to meet the needs of surrounding employers. Welding@SVHEC is a great example of how Virginia works with both higher education and companies to provide students with industry specific skills. To learn more about Virginia’s 23 community colleges, located on 40 campuses around the state, click here.

Class of 2015 Welding@SVHEC completers and instructors in South Boston, Virginia.

Virginia — The Only State Ranked in Top Five Since the Inception of Pollina’s Pro-Business Study

Tuesday, 10 November 2015 15:28 by Info@YesVirginia.org
Virginia has again received a top ranking in the Pollina Corporate Real Estate/AEDI Top 10 Pro-Business States for 2015. For the third straight year, the Commonwealth was ranked No. 4 overall and was the top state on the East Coast. Virginia was ranked in the top three from 2004-2012...

Virginia has again received a top ranking in the Pollina Corporate Real Estate/AEDI Top 10 Pro-Business States for 2015. For the third straight year, the Commonwealth was ranked No. 4  overall and was the top state on the East Coast. Virginia was ranked in the top three from 2004-2012.

“Clearly a national leader in the 12 years of this study, no other state comes close to Virginia when it comes to being a consistent pro-business state. Virginia holds the distinction of being the only state to remain within the top five pro-business states for the entire history of this study,” said Brent A. Pollina, president of Park Ridge, Illinois-based Pollina Corporate Real Estate Inc. and author of the study.

Virginia received an overall grade of A as it has for the last five years. The Commonwealth was the No. 1 state in the Stage II section, which is based on metrics at the state economic development agency level, such as incentives and marketing/website/response to new and existing employers.

“Governor Terry McAuliffe and the Virginia Economic Development Partnership should be commended for their efforts to consistently remain competitive, as they have clearly worked to preserve the tools Virginia needs to remain one of the most pro-business state in the country,” continued Pollina.

The Pollina study is considered the “gold standard” for evaluating states on 32 factors controlled at the state government level, including taxes, human resources, education, right-to-work legislation, energy costs, infrastructure spending, regulatory environment, workers’ compensation laws and economic incentive programs.

Consistency of a state’s performance is an important consideration when companies are making long-term decisions about corporate site locations that require significant capital investment.

“The key to Virginia’s success is its ability to balance low taxes, a good labor force, and a strong economic development program. With a Stage I rank of #9 and a Stage II rank of #1, Virginia has one of the most well-rounded business climates in the nation.”

To learn why Virginia has the right resources that have allowed companies to prosper here for more than 400 years, click here.

Photo courtesy of Virginia Department of Transportation.

VEDP COO Dan Gundersen Awarded IEDC’s 2015 Honorary Life Member Designation

Wednesday, 7 October 2015 16:07 by Info@YesVirginia.org
VEDP Chief Operating Officer Dan Gundersen was awarded the International Economic Development Council’s 2015 Honorary Life Member Designation...

VEDP Chief Operating Officer Dan Gundersen was awarded the International Economic Development Council’s 2015 Honorary Life Member Designation.

Gundersen was presented with the award this past Monday during the IEDC Annual Conference in Anchorage, Alaska. He also served as moderator of the first session at the conference, “How to be a World Class Economic Developer,” where he led a panel with representatives from four continents who discussed innovative approaches and trends in economic development.

“The designation of Honorary Life Member is given by IEDC to an active or former member who is progressing the profession of economic development as a teacher, or, who has motivated others in several communities,” said JoAnn Crary, CEcD, Chair of the International Economic Development Council and President of Saginaw Future Inc. “Mr. Gundersen has been dedicated to our industry and has, indisputably, earned this distinction.”

VEDP created the COO position in the spring of 2014 to manage all day-to-day operations and develop competitive strategies for success. Gundersen was recruited to the job in Virginia due to his deep background as a senior economic development official in three other states:  New York, where he reported directly to the governor, both as Commissioner of Economic Development and as Upstate Chairman for the Empire State Development Corporation; Pennsylvania, where he held the number two job as Executive Deputy Secretary; and Maryland, where he was Assistant Secretary for Business Development.

At the metropolitan level, he led economic and workforce development efforts for Baltimore County, Md., where he produced the county’s first economic development operations strategy, and before that worked in Philadelphia with business leaders and the mayor to form public/private partnerships in impoverished neighborhoods. 

Throughout his career, Gundersen and his teams helped structure deals resulting in the creation and retention of more than 150,000 jobs. These projects include world, North American and regional headquarters facilities.

“As economic developers, our job is to help produce economic growth so that businesses succeed,” said Gundersen. “How we do that is complex. Why we do it, is what really matters. For me, economic development is about making a positive difference in people’s lives and communities. It’s that simple and powerful.”

To learn more about Gundersen’s work at VEDP, promoting Virginia as the location with the right combination of resources that have helped businesses succeed for more than 400 years, click here.

Check out VEDP’s Ad for the UCI Road World Championships on NBC Sports

Tuesday, 22 September 2015 16:41 by Info@YesVirginia.org
As many of you are already aware, the 2015 UCI Road World Championship cycling event is taking place in Richmond this week. Excitement has built around the event, which is returning to the U.S. for the first time in nearly 30 years...

As many of you are already aware, the 2015 UCI Road World Championship cycling event is taking place in Richmond this week.

Excitement has built around the event, which is returning to the U.S. for the first time in nearly 30 years. It is a huge coup for Richmond to have been selected as the host city and furthers its reputation as a global destination. The championships are held annually in an international city chosen by the Union Cycliste Internationale through a competitive bidding process.

With 450,000 spectators expected to watch the race onsite and a TV audience in the hundreds of millions, this is certainly a tremendous opportunity to represent Virginia on the world stage. 

The Virginia Tourism Corp. has partnered with Richmond 2015, the organizer of the nine-day event, and will air 500 30-second commercials across U.S. domestic television broadcasts during the event. As part of Virginia's sponsorship, VEDP received a portion of these spots and produced a new commercial tailored to the UCI event that is airing on NBC Sports Network during the race this week.

VEDP worked with Richmond companies Elevation Advertising to create the ad and The Branching to produce it. Overcoast developed the original background track, incorporating the cycling sounds.

Richmond is fortunate to have a strong cycling culture and was able to draw upon local talent to film the ad. We’re grateful to Carytown Bicycle Company, who provided items for the shoot, and local cyclist John Eiler, who rides for Team Carytown Bicycle Company and appears in the commercial.

Sports commentators have already remarked on the beauty of the city and the diverse and challenging courses that Richmond offers to competitors.

To learn why Virginia is a great place to live, work and play, click here. Check out our TV ad below.

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