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

Mechatronics Curriculum Likely to Give Mega Boost to Roanoke’s Workforce Pipeline

Wednesday, 6 April 2016 10:03 by Info@YesVirginia.org

The Roanoke Valley Region has recently become a magnet for the automotive industry.

Italy-based ELDOR Corporation, a leading automotive supplier of ignition coils and systems, engine and electronic control units and full systems for hybrids, is the latest company to establish an operation in Botetourt County. A major deciding factor for the company was the region’s skilled workforce.

Thanks to Virginia Western Community College’s (VWCC) advanced technology education programs, there is a strong pipeline of skilled workers to serve the area’s growing automotive industry. VWCC offers an Associate degree in Applied Science with a focus on Mechatronic Systems Engineering Technology—a cross-discipline that combines mechanical, electrical and computer engineering to meet high performance manufacturing industry standards. The community college also offers a Siemens Mechatronic Systems Certification Program to prepare students to work in the ever-growing complex technology industry. 

Students have access to the Fab Lab at VWCC, giving them digital fabrication resources as a platform for their own innovation and inventions. Automated Manufacturing instructor Daniel Horine showcased VWCC’s impressive equipment and training capabilities following the Governor’s ELDOR announcement last month. Attendees, including ELDOR’s executive team, got a personal tour of the community college’s Fab Lab.

The Mechatronics program at VWCC is a great testament to how higher education works to provide students with industry specific skills and create a steady workforce pipeline for area employers. To learn more about Virginia’s 23 community colleges, located on 40 campuses around the state, click here.


VWCC Automated Manufacturing instructor Daniel Horine gives ELDOR executives a tour of the Fab Lab.

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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 Port of Virginia Reinvests in Richmond Marine Terminal

Wednesday, 10 February 2016 09:54 by Info@YesVirginia.org
The Port of Virginia signed a lease to continue operation of Richmond Marine Terminal through 2056 allowing the port to implement a long-term strategy to reinvest in RMT.

The Port of Virginia signed a lease to continue operation of Richmond Marine Terminal through 2056 allowing the port to implement a long-term strategy to reinvest in RMT.

In order to modernize the 120-acre barge terminal, a $4.2 million 350-ton crane was installed at RMT, which will speed up the loading and unloading of the container barge.

A new barge was added with 50 percent more capacity to carry containers in a single trip. Rail upgrades, regular dredging, new cargo-moving equipment and other improvements are also scheduled to occur.

RMT is strategically located along the James River and I-95, and connects Richmond and the state to global trade through The Port of Virginia’s container terminals in the Norfolk Harbor.

The Port of Virginia offers direct service to more than 45 counties worldwide. It’s the only U.S. East Coast port with congressional authorization for 55-foot depth channels, and has the ability to be the first and last port of call.

To learn more about Virginia’s port and infrastructure advantages, click here.


New crane at Richmond Marine Terminal during lease signing event in Richmond.

Virginia — Largest Data Center Market in U.S. Brings Significant Economic Impact

Thursday, 4 February 2016 13:28 by Info@YesVirginia.org
Northern Virginia has surpassed the Tri-State New Jersey / New York region as the largest data center market in the U.S., with nearly 20 percent of the market share in enterprise demand in 2015, according to a study published by JLL.

Northern Virginia has surpassed the Tri-State New Jersey / New York region as the largest data center market in the U.S., with nearly 20 percent of the market share in enterprise demand in 2015, according to a study published by JLL.

Although Virginia’s data center industry is largely concentrated in Northern Virginia, the sector supports communities across the Commonwealth. In 2014, the total statewide economic impact attributable to the data center industry was approximately 36,043 jobs, $2.7 billion in wages, $8.6 billion in economic output, and $298.9 million in state and local tax revenue.

The substantial benefit of the data center industry boom across Virginia is highlighted in a recently published report by the Northern Virginia Technology Council —The Economic and Fiscal Contribution that Data Centers Make to Virginia.

According to the NVTC report, data centers are a critical part of the infrastructure that supports the modern economy, not only in the technology sector, but in advanced manufacturing, entertainment, finance, healthcare, information, retail, telecommunications, and almost every other sector of the economy as well.

The industry generates significant tax revenues. Data centers are very capital-intensive and that translates into a disproportionate amount of property tax revenue, by far the largest source of revenue for Virginia localities.

Click here to access NVTC’s full report and learn more about Virginia’s thriving data center industry.

 

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.

The Hague Security Delta Signs Cybersecurity Agreement with Fairfax County and VEDP

Friday, 16 October 2015 16:27 by Info@YesVirginia.org
Last week, VEDP joined Fairfax County Economic Development Authority and The Hague Security Delta for a cybersecurity event in Tysons Corner, Va...

Last week, VEDP joined Fairfax County Economic Development Authority and The Hague Security Delta for a cybersecurity event in Tysons Corner, Va.

The Hague Security Delta is based in the Netherlands and represents the largest security cluster of businesses, governments and academic institutions in Europe. It establishes partnerships with global security leaders to share knowledge, increase business activity and create a more secure world.

A delegation of almost 30 Dutch and Flemish companies attended the event in Tysons Corner to discuss security issues with leading Virginia technology companies and institutions.

The Hague Security Delta, Fairfax County EDA and VEDP closed the program by having representatives sign a Memorandum of Understanding to increase cooperation between the cybersecurity centers.

The parties pledged to bolster innovation-based collaboration by promoting trade with each country's industry clusters; encouraging mutual exchanges with business, government and academic leaders; fostering R&D cooperation through joint enterprises and research centers; exploring joint initiatives at the highest levels of government on security matters; and joining efforts to identify technology commercialization opportunities.

This event and agreement illustrates Virginia’s leadership in technology, once again. The Commonwealth is a key part of the nation’s Cyber Capital and a major hub in the cybersecurity industry. To learn more about Virginia’s cybersecurity assets, click here.

Ulrich Seldeslachts, CEO at LSEC; Ida Haisma, executive director of The Hague Security Delta; Martin Briley, president and CEO of VEDP; and Gerald L. Gordon, Ph.D., president and CEO of FCEDA; sign the MOU in Tysons Corner, Va. Photo courtesy of FCEDA.

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.

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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 Receives Top Ranking on Forbes.com’s 2012 Best States For Business

Thursday, 13 December 2012 16:34 by Info@YesVirginia.org
Once again, Virginia received a podium ranking from Forbes.com in its annual Best States for Business ranking. Coming in at No. 2, Virginia is the top state on the East Coast and has held first or second overall since the ranking began in 2006...

Once again, Virginia received a podium ranking from Forbes.com in its annual Best States for Business ranking. Coming in at No. 2, Virginia is the top state on the East Coast and has held first or second overall since the ranking began in 2006.

The ranking is based on six categories: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life.

The Commonwealth was ranked No. 1 in the category of regulatory environment. According to Forbes.com, “The state ranks on top of the regulatory category because of its strong incentive offerings and business friendly government policies." With right-to-work laws, an unemployment tax burden 32 percent lower than the national average, and a six percent corporate tax rate unchanged since 1972, companies have improved their bottom lines just by locating in Virginia.

In the important category of labor supply, Virginia came in at No. 2 and was the top state on the East Coast. With 4.1 million motivated and highly skilled workers and more than 500,000 students enrolled in Virginia’s top-ranked colleges and universities, the Commonwealth has a strong pipeline ready to fill present and future industry needs.

Virginia was ranked No. 4 in the quality of life category, a metric that is gaining increasing importance for companies making relocation decisions. Virginia has one of the nation’s highest concentrations of historic resources and is blessed with beautiful mountains, rivers and beaches, as well as 35 state parks, 22 national parks and more than 500 trails, providing an abundance of recreational opportunities for residents.

This top ranking from Forbes.com adds to the distinguished list of honors Virginia has received this year, including winning the 2011 Competitiveness Award from Site Selection magazine, a No. 2 ranking on Pollina Corporate Real Estate’s Top Pro-Business States for 2012, and No. 3 rankings on Business Facilities’ 2012 State Rankings Report and CNBC’s America’s Top States for Business list, to name a few. 

To learn why Virginia continues to receive top recognition from the industry as the premier state for business, click here.

Leading Global Satellite Services Provider Intelsat Moves Headquarters to Virginia

Tuesday, 11 December 2012 12:30 by Info@YesVirginia.org
At an event overlooking the site for the company’s new headquarters building in Tysons Corner, Va., Governor McDonnell announced Intelsat will move its U.S. headquarters from Washington, D.C., to Fairfax County in 2014. The project will bring at least 430 jobs and an investment of more than $24 million in leasehold improvements to Northern Virginia...

At an event overlooking the site for the company’s new headquarters building in Tysons Corner, Va., Governor McDonnell announced Intelsat will move its U.S. headquarters from Washington, D.C., to Fairfax County in 2014. The project will bring at least 430 jobs and an investment of more than $24 million in leasehold improvements to Northern Virginia.

With plans to lease 188,000 square feet, Intelsat will be the anchor tenant at Tysons Tower, a new, 20-story office building being developed by Macerich as part of a three tower, mixed-use project at Tysons Corner Center. 

The state-of-the-art tower will be the tallest building in Tysons Corner, offering Intelsat employees panoramic views of Northern Virginia, a modern workspace, prime access to the amenities of Tysons Corner, and direct connection to the Capital Beltway and planned extension of the Metro Silver Line.

In addition, close proximity to Washington Dulles International Airport gives the Luxembourg-based company access to 80 percent of the world’s economies.

As the world’s leading provider of satellite services, Intelsat has delivered information to leading media companies, multinational corporations, Internet Service Providers and government agencies for more than 45 years. 

Intelsat’s new headquarters location in Fairfax County is not only aligned with its growing customer base, but it also offers access to a strong pipeline of highly-skilled workers. According to Cyberstates 2011, Virginia has the highest concentration of high-tech workers.

To learn why global leaders continue to select Virginia as an environment that reflects their innovative culture, click here.

Latin American Subsidiary Phoenix Packaging Continues Growth in Pulaski County

Wednesday, 5 December 2012 16:13 by Info@YesVirginia.org
Phoenix Packaging recently announced plans to invest $20 million and create 100 new jobs to expand its Virginia operation in Pulaski County. This represents the second expansion in less than two years, bringing the company’s total announcements to $58 million in capital investment and more than 400 new jobs...

Phoenix Packaging recently announced plans to invest $20 million and create 100 new jobs to expand its Virginia operation in Pulaski County. This represents the second expansion in less than two years, bringing the company’s total announcements to $58 million in capital investment and more than 400 new jobs.

Part of Virginia’s New River Valley region, Pulaski County also serves as the company’s North American Headquarters. Phoenix Packing is a subsidiary of Grupo Phoenix, a leading Latin American manufacturer of packaging products targeting the food and disposable consumer product industries.

Seeking closer proximity to its U.S. customers, the company first selected Virginia in 2010 from more than 40 other possible sites. Virginia competed against Arizona for this latest expansion project and has successfully competed against Georgia, Kentucky, North Carolina, Tennessee, West Virginia, California and Nevada over the last three years. 

After investigating options overseas, Phoenix Packaging’s decision to remain and grow its Virginia operation illustrates just how well the Commonwealth competes on a global level.

Virginia’s strategic location, premier transportation infrastructure, skilled workforce, world-class higher education institutions, and competitive operating costs were all leading factors in the company’s multiple decisions for Virginia.

In addition, Virginia’s growing food and beverage industry, a primary market for Phoenix Packaging, proved to be an attractive asset. With names like Kraft Foods, Nestle and Hershey, Virginia boasts more than 550 food and beverage manufacturing companies that have invested $1.9 billion in the Commonwealth over the last decade. In fact, Green Mountain Coffee Roasters, one of Phoenix Packaging’s customers, announced last year it would invest $180 million to establish a production and distribution facility in Isle of Wight County, Va.

To learn why Virginia manufacturers continue to find success in the Commonwealth, investing more than $13.8 billion over the last decade, click here.

Rolls-Royce Announces Second Facility on Virginia Crosspointe Campus

Tuesday, 4 December 2012 09:34 by Info@YesVirginia.org
Rolls-Royce recently announced it will begin construction on a second advanced manufacturing facility at its Crosspointe campus in Prince George County, Va., which is expected to bring a $136 million investment and 140 new jobs to the Central Virginia region...

Rolls-Royce recently announced it will begin construction on a second advanced manufacturing facility at its Crosspointe campus in Prince George County, Va., which is expected to bring a $136 million investment and 140 new jobs to the Central Virginia region.

The 90,000-square-foot Advanced Airfoil Machining Facility will be located on Rolls-Royce’s 1,000-acre campus, adjacent to its Rotatives manufacturing facility. Construction is expected to be completed by the end of 2013.

The Advanced Airfoil Machining Facility will produce turbine blades and nozzle guide vanes for advanced aero engines used in the Boeing 787 Dreamliner, Airbus 380 and Airbus 350. Using Rolls-Royce’s advanced machining technology and proprietary high-speed cutting process, the company has the ability to precisely shape specialized materials and efficiently produce durable engine components.

Driven by growth for its aero engines, the company continues to expand its Crosspointe facility, making it the largest and most advanced Rolls-Royce campus in North America. Rolls-Royce’s vision for the Crosspointe campus is to create a hub of advanced manufacturing innovation, with partnerships between leading research universities, government and businesses. 

To date, the Crosspointe campus includes the company’s Rotatives facility, which opened in May 2011 as a center of excellence to manufacture the company’s engine discs. Also at Crosspointe, CCAM opened this fall as an applied research center, joining leading Virginia universities and manufacturing companies to bring real-world solutions to market more quickly.

With ample space and a robust, industrial-grade infrastructure for additional facilities, Rolls-Royce’s Crosspointe Campus is poised to attract suppliers and continue its growth as a leading center for advanced manufacturing.

To learn more about the Rolls-Royce Crosspointe Campus and Virginia’s capabilities in the advanced manufacturing space, click on the highlighted links.

A rendering of Rolls-Royce's Advanced Airfoil Machining Facility at its Crosspointe campus in Prince George County, Va.

HanesBrands Inc. Expands in Patrick County

Thursday, 29 November 2012 13:47 by Info@YesVirginia.org
HanesBrands recently announced plans to expand its Woolwine plant in Patrick County, Va., through a $1.6 million investment...

HanesBrands recently announced plans to expand its Woolwine plant in Patrick County, Va., through a $1.6 million investment.

The company will upgrade the plant with high-speed manufacturing equipment that will double current capacity and allow the company to increase production of performance fabrics in the women’s sports market. 

The investment will bring 50 new jobs and retain 215 jobs at the Patrick County operation. In addition, HanesBrands employs a workforce of 400 at its distribution center in nearby Martinsville, Va.

HanesBrands has a long history in the region and the company’s positive experience with Virginia’s pro-business climate and advanced manufacturing workforce helped ensure the Commonwealth was selected once again.

Southern Virginia maintains a rich heritage of textile operations, and this investment illustrates Virginia’s manufacturing prowess in the competitive worldwide apparel industry.

With more than 6,000 manufacturers located in Virginia, the Commonwealth has seen more than $13.8 billion in capital investment from manufacturing companies over the last 10 years. To learn more about Virginia’s advanced manufacturing industry, click here.

WEIGHTPACK Moves Headquarters from Italy to Virginia

Thursday, 15 November 2012 14:47 by Info@YesVirginia.org
WEIGHTPACK Inc. recently announced plans to move its headquarters from Italy and expand its existing operation in Powhatan County, Va. The project will bring a $2.6 million investment and 35 new jobs to the Central Virginia region...

WEIGHTPACK Inc. recently announced plans to move its headquarters from Italy and expand its existing operation in Powhatan County, Va. The project will bring a $2.6 million investment and 35 new jobs to the Central Virginia region.

WEIGHTPACK is a packaging machinery company that designs and builds complete lines for the filling and capping of liquid product containers, with applications in the beverage, home care, personal care, pharmaceutical and chemical industries.

The company has operated in Powhatan since 2001, and the decision to move its global headquarters to the same location illustrates how well Virginia’s business environment, workforce, and logistics infrastructure compete at a global level.

The Powhatan location is poised to become a major production hub as the company transitions to a more vertically integrated supply chain, providing for growing customer demand in the North and South American and Asian markets.

Powhatan County’s strong quality of life and access to Virginia’s world-class transportation network make it a premier location. WEIGHTPACK has historically used the international Port of Virginia for importing component parts. With the expansion of the production facility, the company expects to increase its exports through the port to reach international markets.

As global companies continue to bring high technology, manufacturing jobs to the U.S., Virginia stands ready to fulfill industry needs with a strong pipeline of highly-skilled, advanced manufacturing employees.

To learn more about Virginia’s advanced manufacturing capabilities and why more than 6,000 manufacturing establishments have located in the Commonwealth, click here.

CCAM Opens Facility in Prince George County, Virginia

Wednesday, 14 November 2012 10:09 by Info@YesVirginia.org
The Commonwealth Center for Advanced Manufacturing (CCAM) received its full certificate of occupancy and opened its facility in Prince George County, Va., this September. CCAM has been steadily growing both in members and machinery and is expected to host a grand opening event in spring 2013...

The Commonwealth Center for Advanced Manufacturing (CCAM) received its full certificate of occupancy and opened its facility in Prince George County, Va., this September. CCAM has been steadily growing both in members and machinery and is expected to host a grand opening event in spring 2013.

CCAM has added three Tier 2 and three Tier 3 industry members over the last few months, bringing the total number of participating companies to 14.

The applied research center includes a high bay area, five machining labs, five computational labs, a visualization lab, meeting rooms with conferencing ability, open and modular workstations, and a cafeteria.

With participation from its industry partners and university members, engineers at the center are currently working on 10 research projects. One project involves adaptive machining, which uses specialized equipment to measure and make adjustments in real time as components are being manufactured, leading to improved performance and lower costs.

Another project incorporates multi-modal part inspection, which uses imagery to obtain information and identify small defects early in the manufacturing process, allowing any issues to be fixed before entering into high-rate production.

CCAM is another example of the public-private partnership between Virginia’s leading universities and world-class manufacturing companies to bring real-world solutions to the market more quickly. To learn more about CCAM, visit www.ccam-va.com.

CCAM’s high bay area includes a Laser Powder Deposition Machine and the Sulzer Metco Thermal Spray Cell, pictured below.

STEM Mobile Learning Lab—A Vehicle for Educating Virginia Students

Tuesday, 13 November 2012 13:45 by Info@YesVirginia.org
Since going on the road in spring 2010, the STEM Mobile Learning Lab has hosted 15,000 visitors from more than 300 locations. The lab offers numerous hands-on experiments as a method of educating K-12 students and members of the community in STEM subjects—science, technology, education and math...

Since going on the road in spring 2010, the STEM Mobile Learning Lab has hosted 15,000 visitors in more than 300 locations. The lab offers numerous hands-on experiments as a method of educating K-12 students and members of the community in STEM subjects—science, technology, education and math.

The STEM Mobile Learning Lab was established by the Institute for Advanced Learning and Research (IALR), a research, education and conference institute based in Danville, Va.

The 38-foot trailer contains multiple work stations, a clean area for experiments and a movie screen. Its impressive equipment list includes several laptops, high resolution microscopes, an HDTV video monitor, and additional demonstration gear. 

The STEM Mobile Learning Lab offers experiments in the areas of nanotechnology and renewable energy. Leading by example, the flex-fuel truck that tows the lab can run on either diesel fuel or cooking oil.

Using the STEM Mobile Learning Lab, students can participate in experiments that compare the energy efficiency of CFL and incandescent light bulbs, see how wind and solar power work, learn about energy conservation and how to weatherize doors and windows, and even look at microscopic particles on their own skin.

Preparing students to join the Commonwealth’s world-class workforce in the growing fields of science, technology, engineering and math is key to keeping Virginia at the top. According to Cyberstates 2011, Virginia has the nation’s highest concentration of high-tech workers.

To learn more about Virginia’s premier education system and quality workforce, click here.

Students use high resolution microscopes to participate in one of the many hands-on experiments offered by the STEM Mobile Learning Lab.

VEDP Releases Exporting Guide for Service Companies

Tuesday, 6 November 2012 09:18 by Info@YesVirginia.org
VEDP’s International Trade division recently released an exporting guide focused on the unique needs of service companies called “Exporting Services: A Guide for New Exporters”...

VEDP’s International Trade division recently released an exporting guide focused on the unique needs of service companies called “Exporting Services: A Guide for New Exporters.”

Some of the issues addressed in the guide include assessing export readiness, understanding export regulations, identifying a target market, protecting intellectual property, acquiring work permits and certifications, developing a market entry strategy, and negotiating financing and payment terms.

The services industry is thriving in Virginia—professional, scientific and technical services was the top sector for job creation in 2011, announcing 12,769 new jobs. With human capital as the major input, it’s no surprise that Virginia’s highly skilled workforce has proved to be a key advantage in growing this sector.

According to The Brookings Institution, Virginia’s service exports accounted for 42.6 percent of the state’s total exports in 2010, illustrating an opportunity to grow Virginia’s exports in a sector where the Commonwealth has the resources to leverage its success into international markets.

Helping Virginia companies grow sales overseas not only benefits Virginia businesses, but it also creates jobs at home. According to The Brookings Institution, Virginia exports supported more than 236,000 jobs in 2010.

To learn how VEDP’s International Trade division can help your company grow, go to www.exportvirginia.org.

Celanese Corp. Converts Giles County Celco Plant to Natural Gas

Friday, 2 November 2012 10:15 by Info@YesVirginia.org
Fortune 500 company Celanese Corp. just announced it will invest $150 million to convert its Celco Plant in Giles County, Va., from coal-fired to natural-gas fired boilers. The project will create 22 new full-time jobs, as well as employ an estimated 200 construction workers...

Fortune 500 company Celanese Corp. just announced it will invest $150 million to convert its Celco Plant in Giles County, Va., from coal-fired to natural-gas fired boilers. The project will create 22 new full-time jobs, as well as employ an estimated 200 construction workers.

Celanese Corp. is a global technology leader engaged in the production of specialty materials and chemical products used in a wide variety of industries and applications. The Virginia Celco Plant has helped make the company a leading producer of cellulose acetate tow, used in filter media.

The Celco Plant first established operations in Giles County, Va., in 1939 and is the largest employer in the county. Positioned along the New River and Route 460, this location offers the unique combination of a picturesque setting between the mountains, easy access to I-81, and close proximity to Virginia Tech and the region’s skilled and educated workforce.

This investment will allow the company to reduce its greenhouse gas emissions while updating equipment to improve its energy efficiency—two goals aligned with the company’s core values of sustainability and operational excellence.

This project continues the positive trend of Virginia manufacturers making significant investments to upgrade to more environmentally-friendly sources of energy. Last year, MeadWestvaco announced plans to invest $285 million to construct a new, state-of-the-art biomass boiler at its Covington plant, and just last week RockTenn hosted a ribbon-cutting ceremony to celebrate the completion of a natural gas pipeline to its West Point mill.

To learn why leading manufacturers continue to invest in the Commonwealth, bringing more than $13.8 billion in projects over the last decade, click here.

A view of the Celco Plant from across the New River.

VEDP Launches “YesVA” App

Thursday, 1 November 2012 13:48 by Info@YesVirginia.org
Today, VEDP launched the YesVA app for iPad, iPhone and Android devices available for download by visiting www.YesVirginia.org/app or through the App Store and Google Play Store...

Today, VEDP launched the YesVA app for iPad, iPhone and Android devices available for download by visiting www.YesVirginia.org/app or through the App Store and Google Play Store.

The YesVA app is an interactive tool that allows clients and site selection consultants to perform site and building searches and compare Virginia to other states, directly from a mobile device.

The YesVA app allows users to perform the following actions:
   •  Explore Virginia’s existing inventory of available properties in an easy-to-use map
   •  Navigate properties by type and narrow down options based on user requirements
   •  Save properties for later and share them with contacts
   •  View 1:1 attributes of how Virginia compares to other states in major business categories
   •  View profiles for each of the communities, regions and MSAs in Virginia
   •  View recent industry announcements for each community
   •  Communicate with VEDP regarding any of the properties within the app

By helping companies make the most informed decision on business locations, the YesVA app is yet another example of an innovative tool developed by VEDP to market Virginia as a top state for business.

To download the free YesVa app, visit www.YesVirginia.org/app or go directly to the App Store and Google Play Store.

A view from the main screen of the YesVa app.

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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.

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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.

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Virginia Receives an “A” for Small Business Friendliness

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

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

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

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

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

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

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

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

Image courtesy of Thumbtack.com

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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.

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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.

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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.

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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.

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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.

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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.

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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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About VEDP

Virginia Economic Development Partnership is the Best State for Business

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

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© Copyright 2018

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Plastics on the Rise — Insights from the Plastics News Forum 2014

星期五, 7 三月 2014 14:15 by Info@YesVirginia.org
Last week, VEDP attended the Plastics News Executive Forum in Tampa, Florida. We had the opportunity to hear from Bill Wood, Founder of Mountaintop Economics & Research, and learn why he thinks the North American plastics industry is on the rise...

Last week, VEDP attended the Plastics News Executive Forum in Tampa, Florida. We had the opportunity to hear from Bill Wood, Founder of Mountaintop Economics & Research, and learn why he thinks the North American plastics industry is on the rise.

First, the Institute for Supply Management’s Purchasing Managers' Index has been growing for the past few years. The PMI is an economic indicator derived from monthly surveys of private sector companies. Since the PMI has been on the rise for several years, Bill predicts it should continue to increase for years to come, which is good news for Virginia’s already thriving plastics industry.

Second, U.S. durable goods orders are on the upward trend with five percent growth in 2014. Durable goods are items from toasters to aircraft meant to last three years or more. This increase shows hopeful signs for factory activity which have slowed in recent years.

Finally, U.S. plastic parts production has increased six percent in the past year. Low U.S. natural gas prices have helped increase domestic plastic production after a decline from the 2008 recession.

These three factors are strong indicators that the U.S. plastics industry will continue to grow in 2014. Since 2003, Virginia plastics firms have invested more than $1 billion and created more than 4,900 jobs. To learn more about Virginia’s plastics industry, click here.

Bill Wood, Founder of Mountaintop Economics & Research, presents at the Plastics News Executive Forum 2014.

Virginia’s Focus on Cybersecurity Remains Strong

星期四, 6 三月 2014 14:22 by Info@YesVirginia.org
Governor McAuliffe recently announced the launch of Cyber Virginia, a plan to establish the Virginia Cybersecurity Commission and augment Virginia’s leadership in cybersecurity...

Governor McAuliffe recently announced the launch of Cyber Virginia, a plan to establish the Virginia Cybersecurity Commission and augment Virginia’s leadership in cybersecurity.

The Commonwealth has a strong legacy in cybersecurity, and is well-positioned with the infrastructure to grow this sector. Virginia has the highest concentration of high-tech workers, according to Cyberstates 2013, and up to 70 percent of the world’s Internet traffic flows through Northern Virginia every day. Growth in the Commonwealth’s data center industry remains robust — investment topped $1 billion in 2012 — positioning Virginia as the place to be for companies moving towards cloud computing.

Virginia’s close proximity to the federal government’s cybersecurity operations also played a role in establishing its leadership position. The Commonwealth is home to the U.S. Department of Defense, U.S. Department of Homeland Security’s National Cybersecurity and Communication Integration Center, and DARPA.

Virginia’s premier institutions of higher education are poised to maintain the Commonwealth’s leadership in technology through a healthy pipeline of skilled technology workers. Twenty-two of Virginia’s 23 community colleges offer training programs in cybersecurity.

In addition, the NSA and U.S. Department of Homeland Security named five Virginia schools as National Centers of Academic Excellence in Information Assurance Education: George Mason University, Hampton University, James Madison University, Marymount University, and Norfolk State University. Virginia Tech was named a National Center of Academic Excellence in Information Assurance Research.

To highlight a couple of these programs, Virginia Tech offers the Hume Center for National Security and Technology, which researches intelligence applications of cyberattacks and defense. The university also provides students with real world experience through its IT Security Lab. In partnership with the Naval Postgraduate School and L-3 Communications, Virginia Tech hosts the Cybersecurity Innovations Laboratory at its Arlington campus.

In one of our recent blogs, we mentioned George Mason University’s expertise as the author of the VEDP Cybersecurity Export Market Report. GMU is home to the International Cyber Center and founded the Center for Secure Information Systems in 1990, which was the first academic center in security in the U.S. and one of the NSA’s original Centers of Academic Excellence in Information Assurance Education.

To learn more about Virginia’s leadership in cybersecurity and the overall technology industry, click here.

A view of the Virginia Tech Research Center — Arlington, which houses the Northern Virginia location of the Hume Center for National Security and Technology.

Richmond’s Legend Brewing Co. Celebrates 20 Years

星期四, 27 二月 2014 14:23 by Info@YesVirginia.org
With the craft brewery movement quickly gaining speed over the last two years, Legend Brewing Co.’s 20-year history makes it Virginia’s oldest craft brewery still in operation. It is also the largest independently-owned craft brewing company in the Commonwealth...

With the craft brewery movement quickly gaining speed over the last two years, Legend Brewing Co.’s 20-year history makes it Virginia’s oldest craft brewery still in operation. It is also the largest independently-owned craft brewing company in the Commonwealth.

In January 1994, founder Tom Martin opened a small tasting room and pub off West 7th Street, then a gravel road in Richmond’s historic Old Manchester district. He started with four beers — the quickly popular Brown Ale, Lager, Pilsner and Porter.

What began as a 10-barrel brewhouse with four fermenters and four finishing tanks has grown into a 30-barrel brewhouse with 37 fermenters and 10 finishing tanks. In addition, the small tasting room has blossomed into a full restaurant with seating for 180 inside and 200 on the deck. Its location right on the James River with unobstructed views of the city skyline quickly made this a Richmond hot spot.

The rise of the farm-to-table and locally-grown movements have made the experience of visiting a craft brewery increasingly popular. Legend beers are unpasteurized and made with simple, natural ingredients — barley malt, hops, water and yeast. In addition, beer-lovers can enjoy a tour of the brewery followed by a tasting and meal, all enjoyed within an historic setting.

Legend has become a mainstay in Virginia’s ever-growing food and beverage industry because of its focus on delivering high-quality, fresh products. It is also one of the few craft breweries that produce both lagers and ales, which require a different process and ingredients.

Virginia’s beer industry has grown by leaps and bounds over the last few years. According to the Virginia Department of Alcoholic Beverage Control, there were 46 breweries in 2011. That number increased to 63 in 2012 and 75 in 2013, with most of the growth coming from the craft brewery niche. Part of that growth is attributable to Senate Bill 604, signed in May 2012, which allows beer manufacturers to sell and sample beer on their premises without obtaining a second restaurant license.

With the Brewer’s Association reporting 70 more breweries in the planning stages in Virginia, the Commonwealth’s craft brewery industry is poised to continue its positive momentum. Virginia has proven to be a successful location for entrepreneurs and food and beverage companies alike, making it an ideal choice for the craft brewery market. To learn more, click here.

Virginia Ranked Top 3 in LEED Green Building Certifications

星期一, 24 二月 2014 17:05 by Info@YesVirginia.org
The U.S. Green Building Council recently named Virginia No. 3 for LEED (Leadership in Energy and Environmental Design) certifications as part of its annual ranking...

The U.S. Green Building Council recently named Virginia No. 3 for LEED (Leadership in Energy and Environmental Design) certifications as part of its annual ranking.

LEED is one of the most well-recognized and respected green building certification programs in the world, incorporating design, construction, maintenance and operational aspects into its environmentally-friendly analysis.

More than 57,000 commercial and institutional projects currently participate in LEED, comprised of 10.5 billion square feet of construction space in 147 countries. Each day more than 1.5 million square feet of space is LEED-certified.

In 2013, Virginia had 160 projects LEED-certified, which encompassed 16.8 million square feet of space and 2.11 square feet per capita. The ranking is based on per capita numbers to allow for a fair comparison among different population levels.

The office and retail space at 1776 Wilson Boulevard in Arlington, Va., received recognition as a notable project. It is the first commercial building in Arlington to earn LEED Platinum certification.

“As the economy recovers, green buildings continue to provide for jobs at every professional level and skill set from carpenters to architects,” said Rick Fedrizzi, president, CEO and founding chair, USGBC.

Investment in green-building infrastructure creates real economic value in the form of lower energy costs up front, and the reduction in greenhouse gases ensures a sustainable future for the environment and future generations.

Virginia’s leadership in this area is yet another example of the innovative environment the Commonwealth offers to business owners. To learn more about Virginia’s unique resources that have allowed companies to prosper here for more than 400 years, click here.

VEDP Publishes Cybersecurity Export Market Report

星期五, 21 二月 2014 14:17 by Info@YesVirginia.org
This week, VEDP announced the release of its Cybersecurity Export Market Report. The report was prepared by George Mason University as part of VEDP’s Going Global Defense Initiative to help Virginia defense companies mitigate the impact of sequestration by growing their sales internationally...

This week, VEDP announced the release of its Cybersecurity Export Market Report. The report was prepared by George Mason University as part of VEDP’s Going Global Defense Initiative to help Virginia defense companies mitigate the impact of sequestration by growing their sales internationally.

The Cybersecurity Export Market Report identifies the top 10 foreign markets that provide the best opportunities for exporting cybersecurity technologies. In-depth analysis of each market includes information on political and legal issues, market size and growth, market entry strategies, competition, trade agreements, and government programs and policies.

The top 10 markets for U.S. Cybersecurity exports are:

  1. Saudi Arabia
  2. United Arab Emirates
  3. Qatar
  4. Kuwait
  5. South Korea
  6. Brazil
  7. Japan
  8. United Kingdom
  9. Australia
  10. Indonesia

George Mason University is renowned for its expertise in information systems security. GMU founded the Center for Secure Information Systems in 1990, which was the first academic center in security in the U.S. and one of the NSA’s original Centers of Academic Excellence in Information Assurance Education. GMU is also home to the International Cyber Center.

With the highest concentration of high-tech workers in the nation, Virginia is a leader in technology and its companies are at the forefront of developments in cybersecurity, including cryptography, forensics, intrusion detection and firewall devices.

In addition to an established industry base, Virginia is home to a number of federal agencies that focus on cybersecurity, including the U.S. Department of Defense, U.S. Department of Homeland Security’s National Cybersecurity and Communication Integration Center, and DARPA.

To download the Cybersecurity Export Market Report click here, and to learn more about Virginia’s leadership in technology, click here.

Broadband Access is Key to Economic Growth in Healthcare IT

星期二, 11 二月 2014 15:01 by Info@YesVirginia.org
Access to broadband and faster internet speeds has increasingly become a catalyst for economic growth. This is especially important in high-tech sectors, such as Healthcare IT, as we move further into the knowledge economy...

Access to broadband and faster internet speeds has increasingly become a catalyst for economic growth. This is especially important in high-tech sectors, such as Healthcare IT, as we move further into the knowledge economy.

The Virginia Center for Innovative Technology recently released its annual 2013 Healthcare IT Assessment, which again points to Virginia’s position as a technology leader.

First, access to broadband has increased. Since 2010, the percentage of the Virginia population with access to broadband has grown from 33 percent to 97 percent.

Second, Virginia is a national leader in broadband speed. In 2013, the Commonwealth was able to increase its average download speed by 33 percent to 11.1 Mbps (megabits per second), moving Virginia up to a No. 3 national ranking. Virginia remains well ahead of the national average, which is 8.7 Mbps.

Third, Virginia also improved its average peak connection speed. In 2013, the Commonwealth increased its peak connection speed to 44 Mbps, vs. the national average of 36.3 Mbps. This puts the Commonwealth at a No. 6 ranking and reflects a year-over-year improvement of 29 percent.

These increases in broadband access and speed are helping to grow sectors, such as Healthcare IT, that require the transmission of large amounts of data. In 2013, Virginia ranked No. 3 in hospital-based adoption of Electronic Medical Records. Over the last four years, Virginia hospitals have consistently shown greater than 90 percent adoption rate of EMR. Other medical providers across the Commonwealth are also closing the gap in early adoption of EMR, with 86.5 percent of Virginia physicians participating in 2013.

To continue improving care and offer a higher quality of service to patients, the next step for healthcare providers is participation in initiatives, such as Healthcare Information Exchanges and Telehealth Services. According to the study, 50 percent of Virginia hospitals participated in HIE and 58.6 percent offered Telehealth Services in 2013.

The CIT study illustrates how Virginia’s leadership in building a robust broadband network has laid the groundwork for growth in high-tech sectors like Healthcare IT. To learn more about Virginia’s innovative, technology-driven environment and how the Commonwealth can help your business, click here.

Virginia Values Veterans — Helping Employers Reenergize their Labor Pool

星期一, 27 一月 2014 14:15 by Info@YesVirginia.org
Virginia Values Veterans, also known as V3, is an initiative to help Virginia companies better reach out to veterans as part of their talent acquisition strategy and make Virginia the most veteran-friendly state in the country...

Virginia Values Veterans, also known as V3, is an initiative to help Virginia companies better reach out to veterans as part of their talent acquisition strategy and make Virginia the most veteran-friendly state in the country.

More than 18,000 people exit Virginia military bases each year and enter the civilian workforce. While most programs are geared towards helping veterans navigate this change, V3 is unique because it trains the employers on how to attract and retain these valuable workers.

V3 is managed by the Virginia Department of Veterans Services. Since the program was first announced in June 2012, 161 certified organizations have pledged 5,218 jobs to veterans and made 3,099 hires to date.

The program offers employers access to training, coaching and networks for best-practices sharing on how to build their veteran-employment pipeline. V3 is targeting companies with less than 1,000 employees because this group represents the majority of total hiring decisions.

Interested employers begin by taking a free online assessment test to determine their current level of vet friendliness and readiness for the V3 Certification Process. By completing milestones at each stage, employers earn V3 Certification from Bronze to Gold level.

The program is expected to be a win-win, reducing veteran unemployment and helping companies gain access to a skilled pipeline of workers they might otherwise miss out on.

V3 is hosting its 2014 Kick-Off Conference in Richmond on February 11. To sign up and learn more, visit http://virginiavaluesvets.com/.

The Launch Place Brings Entrepreneurs to Virginia’s Dan River Region

星期二, 14 一月 2014 16:22 by Info@YesVirginia.org
The Launch Place is bringing businesses to Southern Virginia. As the leading entity to recruit and support entrepreneurs in the Dan River Region, the organization announced its first seed fund investment in KSI Data Sciences...

The Launch Place is bringing businesses to Southern Virginia. As the leading entity to recruit and support entrepreneurs in the Dan River Region, the organization announced its first seed fund investment in KSI Data Sciences.

KSI will receive an initial investment of $150,000, and another $100,000 after successfully testing its prototype for video and data management solutions used in remote sensing platforms on unmanned aircrafts, vehicles and mobile devices. The KSI team plans to relocate to the Dan River District later this month.

Formerly called the Southside Business Technology Center, the Launch Place has assisted start-ups and early stage companies since 2005. After receiving a $10 million grant from the Danville Region Foundation in 2012, the organization was able to add seed funding to its capabilities as a business incubator and rebranded itself as the Launch Place.

What makes the Launch Place unique is its strategy of recruiting entrepreneurs, and then providing the support to allow their businesses to organically grow in the Dan River Region. Through a partnership with VT KnowledgeWorks, entrepreneurs in the program receive free mentoring through the planning, launch and growth stages of starting a business. The Launch Place team also provides a variety of business consulting services, including business plan development, market research, financial modeling and competitor analysis.

The Launch Place helps entrepreneurs reduce start-up costs by offering residential housing and office space subsidies to entrepreneurs that commit to stay in Danville for three years. The Dan River District provides a great place to live, work and play through its historic downtown area, riverfront walking and biking trails, plentiful water sports, concerts, festivals and other recreational activities.

The Launch Place is another example of the innovative support that Virginia offers to entrepreneurs and small business owners. To learn more, click here

A view of the Launch Place headquarters in the historic downtown area of the Dan River District.

Orbital Sciences Launches First Cargo Resupply Mission to the International Space Station

星期四, 9 一月 2014 16:33 by Info@YesVirginia.org
At 1:07 p.m. today, Orbital Sciences successfully launched its first resupply mission to the International Space Station from Pad-OA of the Mid-Atlantic Regional Spaceport at NASA’s Wallops Flight Facility on Virginia’s Eastern Shore...

At 1:07 p.m. today, Orbital Sciences successfully launched its first resupply mission to the International Space Station from Pad-OA of the Mid-Atlantic Regional Spaceport at NASA’s Wallops Flight Facility on Virginia’s Eastern Shore.

Orbital Sciences’ Antares rocket launched the Cygnus spacecraft into Earth’s orbit, where it is currently traveling towards the ISS at approximately 17,500 mph. The spacecraft is expected to rendezvous with the ISS early Sunday morning.

Cygnus is carrying 2,780 pounds of supplies to the Expedition 38 crew, including science experiments, provisions for the crew, spare parts and experiment hardware. The payload includes 23 science experiments that will involve more than 8,600 students across the U.S. and Canada.

Known as the Orb-1 Mission, this is the first actual resupply mission to the ISS following a successful demonstration mission to the ISS in September.

As part of its $1.9 billion Commercial Resupply Services contract with NASA, the Orb-1 Mission is the first of eight resupply missions to the ISS, expected to deliver approximately 20,000 kilograms of cargo through 2016.

The Orb-1 Mission comes right on the heels of a positive announcement from the Obama Administration — the president approved an extension of the ISS through 2024, allowing for the possibility of more resupply missions past 2016.

The success of today’s launch is another illustration of Virginia’s leadership in the space industry. Through MARS, Virginia offers one of only four commercial sites authorized for orbital space launches.

To learn more about Virginia’s thriving aerospace industry, click here.

A view of the Antares rocket ready for launch from Pad-OA of MARS at NASA’s Wallops Flight Facility in Virginia. Photo courtesy of NASA/Bill Ingalls.

FAA Selects Virginia Tech as Test Site for Unmanned Aircrafts

星期五, 3 一月 2014 16:03 by Info@YesVirginia.org
The FAA recently announced that Virginia Tech was selected as one of six test sites across the country to conduct research on unmanned aircraft systems...

The FAA recently announced that Virginia Tech was selected as one of six test sites across the country to conduct research on unmanned aircraft systems.

This initiative will help the FAA establish safety standards that will allow UAS, such as drones, to share airspace and integrate with commercial airlines. Test sites were selected for their geographic and climate diversity, as well as existing infrastructure and aviation experience.

The test site at Virginia Tech will focus on UAS failure mode testing, and identify and evaluate operational and technical risk areas.

Virginia Tech led the submission of a joint proposal for Virginia, New Jersey and Maryland called the Mid-Atlantic Aviation Partnership. In order to enhance the region’s competitiveness, the governors of each state agreed to support the initiative, and Virginia Tech will partner with Rutgers University and the University of Maryland, College Park.

Virginia has already shown its support for UAS and securing the Commonwealth’s position as an aerospace leader. In December, Governor McDonnell announced Virginia Tech would receive more than $2.6 million in Federal Action Contingency Trust funds to operate the UAS test site.

In addition, the Mid-Atlantic Aviation Partnership successfully completed its first flight in October with a team from the Virginia Center for Autonomous Systems, a research partnership between Virginia Tech’s Institute for Critical Technology and Applied Science and the College of Engineering. The team attached sensory equipment provided by American Aerospace Advisors to an unmanned 250-pound helicopter. Using ultraviolet and infrared cameras, the group was able to gather data on the health of five acres of tobacco crops.

This type of research could help farmers quickly survey their land to gain a better understanding of crop health, reduce pesticide use and improve yield. Agriculture is expected to be a prime growth market for UAS technology.

This win for Virginia Tech illustrates the Commonwealth’s premier higher education system, as well as its leadership in the aerospace industry. To learn more click here.

A team from Virginia Tech prepares to launch an unmanned 250-pound helicopter for a research mission to determine if UAS can gather meaningful data for crop management.  Photo courtesy of Virginia Tech.

Dan River Region Launches Workforce Readiness Pilot Program for Virginia

星期四, 19 十二月 2013 14:48 by Info@YesVirginia.org

Getting to Know: New River Valley

Thursday, 1 September 2016 16:30 by Info@YesVirginia.org

Throughout the year, VEDP embarks on regional familiarization trips, or FAM tours. In August, Charlie Jewell of the New River Valley Alliance lead a small group from VEDP on a tour around the New River Valley (NRV), which included 20 visits to local businesses.

The NRV covers more than 200 square miles and is home to Giles County, Pulaski County, Floyd County, Montgomery County, the City of Radford and Towns of Blacksburg and Christiansburg. With a growing population of 183,000, the NRV has an incredibly diverse and robust economy for its size.

In 2015, the region had the second highest job growth rate in Virginia, and this year, Area Development Magazine listed the NRV as having the fourth best workforce in the nation. The Valley is also a constant recipient of quality of life accolades thanks to the area’s beautiful mountainous setting and charming small town atmosphere. The NRV is also bolstered by their esteemed universities, including Virginia Tech and Radford, in addition to the New River Valley Community College.

On the tour, VEDP visited a wide array of business including Red Sun Farms, Jackson Park Inn, Floyd Commerce Park, Rackspace, Virginia Tech’s Corporate Research Center and the Riverbend Facility.

To learn more about Virginia’s wide variety of communities, click here.


Members from VEDP tour available building space in the New River Valley.

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Virginia’s Woodworking Industry Provides Solid Foundation

Friday, 26 August 2016 14:31 by Info@YesVirginia.org

This week, VEDP is attending the International Woodworking Fair in Atlanta, Georgia. We had the opportunity to partner with our state’s Department of Agriculture and Consumer Services and Department of Forestry to promote Virginia and its forest products, emphasizing the importance of the industry in the Commonwealth.

More than 31,000 people were employed by over 900 companies in Virginia’s wood products industry in 2015, which had a direct economic output of $10.3 billion and supported an additional output of $7.1 billion.

Virginia’s strategic mid-Atlantic location and superior transportation network provide access to 43 percent of the U.S. population located within a one-day (10 hour) drive. These assets combined with access to the Port of Virginia and a direct connection to over 100 foreign ports make an ideal location for wood industry companies.

Virginia’s higher education system provides education and training programs to bolster the Commonwealth’s workforce and therefore Virginia businesses. Virginia Tech’s Department of Forest Resources and Environmental Conservation is home to the following research centers: Conservation Management Institute, Center for Geospatial Information Technology and Virginia Water Resources Research Center. Virginia State University partners with Virginia Tech to run the Virginia Cooperative Extension to offer programs such as the Virginia Forest Landowner Education Program and the Virginia SHARP Logger Program. Blue Ridge Community College has a Die Cutting and Packaging program to generate skilled technicians for the paperboard packaging industry.

In the past decade, wood products companies in Virginia have announced projects worth $3.8 billion in pledged investment and more than 10,100 pledged jobs. To learn why companies choose Virginia click here.

VEDP, VDACS and VA Department of Forestry provide large Virginia presence at IWF 2016.

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Foreign Direct Investment Makes Massive Job Impact on Virginia

Thursday, 23 June 2016 09:48 by Info@YesVirginia.org

This week, VEDP attended the SelectUSA Investment Summit, a high-profile event in Washington, D.C. dedicated to promoting foreign direct investment (FDI) in the United States. We had the opportunity to connect with companies all over the world to discuss the benefits of doing business in Virginia.

Governor Terry McAuliffe hosted a Virginia reception to showcase the Commonwealth’s assets and participated in a workforce development panel during the conference.

Global investment supports nearly 487,000 jobs in Virginia. These direct FDI and related supply chain jobs earn higher compensation than the overall state average.

During SelectUSA 2015, VEDP met ELDOR Corporation for the first time. Following the Summit, Governor McAuliffe traveled to ELDOR’s headquarters in Italy to meet with company leadership. Less than one year after first meeting at SelectUSA, ELDOR announced their plans to invest $75 million and create 350 new jobs at their North American regional headquarters in Botetourt County.

More than 700 internationally-owned companies call Virginia home, including Canon, Stihl and Rolls-Royce. Cost-effective operations, pro-business values, global logistics assets and easy access to the U.S. market are just a few of the unique resources that allow businesses to prosper here.

From 2009 to 2014, international companies announced more than 15,000 new jobs and $4.6 billion investment in the Commonwealth. To learn why companies choose Virginia for internal investment, click here.


Governor McAuliffe
participated in a workforce development panel during SelectUSA.

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Sumitomo Machinery Corporation Celebrates 50 Years in North America

Friday, 3 June 2016 11:40 by Info@YesVirginia.org

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

Grow Internationally With a Helping Hand

Friday, 28 August 2009 11:23 by Info@YesVirginia.org

Operating a company has its challenges. Taking the leap to expand your business internationally can be downright daunting.

But it doesn’t have to be.

Since 2006, VEDP’s Global Network has helped nearly 200 Virginia companies navigate common international obstacles—language and cultural barriers and the like—and provide the services they need to set up shop overseas. The Network removes much of the risk by offering pre-screened, in-country consultants, who, in partnership with VEDP International Trade, deliver industry-specific market research. Recently, the Network expanded into 17 additional countries, including Bulgaria, Turkey, the Netherlands, Israel and South Africa, now providing in-country services in a total of 44 different countries.

Research available ranges from the best strategy for entering a particular market to information on distributors, competitors and potential clients. Once the company visits its target market, the Global Network provides a host of in-country services, including logistical support, matchmaking assistance and service provider contacts.

Nancy Cleveland of LC Technologies in Fairfax used the Global Network to find a reputable distributor in France.  LC Technologies has developed a unique technology that uses eye movement to control computers and monitor and record eye motion and related eye data. 

 “We really could not have found CIMIS [LC Technologies’ new distributor] in France without the help of VEDP’s Global Network,” Cleveland said. “It’s difficult to find good people in other countries, and VEDP has been invaluable in helping us locate CIMIS, a good match for our very specialized technology.”

During these difficult economic times, when U.S. sales are down for many Virginia businesses, it is vital that companies look beyond American borders for sales opportunities.  The Global Network provides a familiar, helping hand full of critical and timely information about opportunities in specific industries in 44 target markets. The services are free to Virginia companies up to $3,000 per fiscal year. For more information about VEDP’s Global Network, visit http://www.exportvirginia.org/.

Celebration Leads to Jobs in Martinsville

Friday, 14 August 2009 15:43 by Info@YesVirginia.org

The Martinsville-Henry County community has reason to celebrate. Monogram Food Solutions, LLC, a meat manufacturer out of Memphis, announced it will purchase the meat snack business of American Foods Group, LLC (also known as Knauss Foods), including the Martinsville production facility. The company plans to invest $3 million to expand production capacity at the Patriot Centre Industrial Park facility. The company has committed to investing every dollar it can in the local economy. More importantly, Monogram Food Solutions has agreed to keep all of the current employees and add 120 new jobs. www.YesVirginia.org

This announcement is like a breath of fresh air for a region that has been wrestling with a double-digit unemployment rate that’s more than twice the national average. Monogram Food Solutions’ average annual salary of about $28,000 is right in line with the region’s prevailing average wage, and 120 new jobs will provide a welcome opportunity for some of the 800+ folks who have been laid off since January 2008. About 50 people have already been hired. Another 70 should be employed by the end of the year.

The job requirements? “Energetic, passionate people who are not afraid of hard work,” was what the company was looking for, according to Ches Jackson, President of Monogram Meat Snacks. They shouldn’t be too hard to find in Martinsville.

 

Virginia Helps Companies Make Headlines

Monday, 10 August 2009 09:51 by Info@YesVirginia.org

LiteSteel Technologies America, Canon, Optical Cable Corporation, Northrop Grumman Shipbuilding and GE Energy were recently showcased in IndustryWeek as the definition of advanced manufacturing.

LiteSteel was touted for its globality and Canon for its sustainability. Northrop Grumman Shipbuilding was highlighted for its successful supply chain network and Optical Cable Corporation for customization. GE Energy received high marks for leading-edge technology.

Had they paid for that horn-tooting ink in the form of an advertisement it a) would not have had the credibility of a third-party validator such as IndustryWeek behind it and b) would have cost upward of $10,000. Instead, these companies in June gave an hour of their time, some refreshments and a few chotchkies bearing their brand. In return, they received positive coverage in one of the most powerful business-to-business media venues out there thanks to their participation in the Virginia Advanced Manufacturing Media Tour, hosted by VEDP. 

VEDP coordinates two media tours annually to bring awareness to industries that are experiencing success across Virginia.  While the chief objective of the tour is to promote Virginia as an ideal business location, we also manage to snag a positive headline here and there for participating companies.

Media tours are just one of many ways VEDP works to nurture Virginia’s relationship with its corporate community. A company’s partnership with the Commonwealth doesn’t end when the shovel pierces the Earth. It’s only just beginning. To learn more about partnering with Virginia, visit www.YesVirginia.org.

The Power of the Future Belongs to Virginia

Monday, 6 July 2009 13:22 by Info@YesVirginia.org

Check out Virginia Business Magazine’s latest issue for a comprehensive article about Virginia’s nuclear industry.

It makes for a good read. The article underscores Virginia’s efforts to maintain a strong base of power generation from various traditional sources, while a variety of renewable resources and their associated technologies take on a larger share of the power-generation picture.

There’s no doubt the Commonwealth views nuclear as a key pillar of our unique generation and power reliability story. The power of the future belongs to Virginia. Home to three of the top global players in the energy sector (AREVA NP, Babcock & Wilcox and Northrop Grumman Shipbuilding) and a plethora of national players, Virginia’s cluster of technology, workforce and corporate businesses positions the Commonwealth as a leader in clean energy and advanced manufacturing of components for the energy sector. The vertical integration of Virginia’s assets—from workforce to real estate to research & development, to regulatory climate and proximity to market—means that energy-related companies can grow in a business climate that is prepared to sustain their competitiveness for the long term.

The article highlights the groundbreaking of the new AREVA Newport News project, a joint venture with Northrop Grumman Shipbuilding to manufacture equipment and pressure vessels for the nuclear industry. Governor Kaine will join AREVA and Northrop Grumman officials later this month for the groundbreaking ceremony in Newport News. Also discussed are several industry firsts that are happening right here in the Commonwealth: Babcock & Wilcox’s plans to develop a scalable, modular game-changing nuclear reactor, Dominion Virginia Power’s plans to build one of the first new nuclear reactors in the U.S. in three decades, and Virginia Commonwealth University is the first state university to add a nuclear engineering track to its masters engineering degree program.

The Commonwealth’s energy sector already employs more than 31,000 people, and Virginia ranks second in the number of nuclear engineers. We see both of those figures growing by leaps and bounds in the coming years, thanks to programs such as PRODUCED in Virginia (Providing Undergraduate Connections to Engineering Education in Virginia) and important strategic investments like that of the Virginia Tobacco Commission toward R&D facilities and research contracts, mainly around energy.

With help from a state interagency energy task force, VEDP is actively seeking project opportunities across the full spectrum of traditional and alternative energy resources. For more information about operating your energy facility in Virginia, visit us at www.YesVirginia.org or contact Mike Carruth at mcarruth@yesvirginia.org.

We’re Pro-Business and We’re Proud

Thursday, 25 June 2009 21:22 by Info@YesVirginia.org

Well, it looks like Virginia has done it again. Despite a troubled national economy, the Commonwealth is the top pro-business state for 2009, according to Pollina Corporate Real Estate, a top U.S. corporate site location expert. While Pollina doesn’t have the brand recognition that Forbes does, the organization’s seal of approval carries substantial weight in economic development and site selection circles.

This leading label marks Virginia’s third No. 1 ranking by Pollina. The Commonwealth held the top spot in 2003 and 2007. We ranked second in the Pollina study from 2004 to 2006 and dropped to third place last year. The current recession brings even more importance to Virginia’s climb from third last year to first place.

It means we must be doing something right. The annual study evaluated all 50 states based on 33 factors, including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers compensation laws, economic incentives programs, and state economic development efforts.

Virginia did well in the Labor, Taxes, and Other Factors categories, where we placed fourth overall. Our lead can also be attributed to strengths in college completion, low unemployment, right-to-work status, workers compensation rates, low corporate taxes, low sales and gross receipts taxes, our corporate litigation environment, and low crime rates.

"Virginia maintained its rank for Incentives and Economic Development Agency Factors by having one of the finest economic development departments in the nation, and providing flexible incentives for business creation. A close examination of Virginia’s programs reveals a very well-balanced understanding of economic development," said Brent Pollina, Vice President of Pollina Corporate and author of the study. "The programs include: low-interest loans, infrastructure improvement grants, corporate tax credits, enterprise zone tax credits, customized industrial training and property tax abatements. The Governor’s Opportunity Fund is one example of a program that clearly sets Virginia apart from other states. Virginia’s strength is its ability to front-load some of its key business incentives. This provides companies with capital when they most need it – the first 36 months of a project."

There you have it. We couldn’t have said it better ourselves.

Pounding International Pavement

Wednesday, 17 June 2009 16:13 by Info@YesVirginia.org

VEDP gets a lot of inquiries—and criticism—regarding Governor Kaine’s participation on overseas marketing missions.

The comments often leave us scratching our heads. During these tough economic times, what is more important than working to bring jobs and investment to the Commonwealth? It’s more important now than ever to be out pounding the pavement in the name of promotion.

International pavement is especially important given that in 2008, international companies were responsible for more than 6,000 new jobs and $1.5 billion of investment in Virginia. The capital investments made by international companies in 2008 increased by more than 84 percent over 2007 and represented the fourth straight year of increased international investment. 

VEDP would really like to see that trend continue. Therefore, we plan and budget for overseas marketing missions, an aggressive and pro-active approach to project recruitment and export development that exposes the maximum number of foreign business leaders in a minimum amount of time to the advantages of doing business in Virginia. These trips also enable foreign corporate officials to meet the Commonwealth’s leadership, and provide Virginia’s leadership the opportunity to strengthen their understanding of current financial and business environments overseas. 

The Governor’s participation is especially important because he can open doors that VEDP is unable to open on its own. With the Governor at the lead, we meet with CEOs. Without him, we usually end up with someone with very little decision-making power.  

These trips are nothing new—Virginia governors have participated on overseas marketing missions for many years.  A personal meeting by the Governor with corporate executives demonstrates the high priority that is placed on Virginia’s business community, an important message to relay in a highly competitive market.

We’re thankful we have a Governor who embraces globalism and doesn’t get hung up on the misperception that it means American jobs going overseas. International companies like Volkswagen, AREVA, Canon and Swedwood, all of which have recently brought quality jobs and significant investments to the Commonwealth—are proof of that. They like us, too.

To learn more about the benefits your international company can enjoy in Virginia, visit YesVirginia.org or call us at (804) 545-5600.

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Green is in High Gear in Virginia

Friday, 12 June 2009 13:55 by Info@YesVirginia.org

 Green is the nation’s new favorite color. It’s on product packaging, splashed across the side of buses, dangling from company tag lines. Now it’s being attached to job categories. Add to white-collar and blue-collar the new “green-collar” job.

As we all know, “green” refers to more than just a color these days. It’s all about the environment, energy efficiency and conservation, and eco-friendliness.

Governor Tim Kaine pointed Virginia in the direction of all things green in September 2007 when he released the Virginia Energy Plan. The plan challenges the Commonwealth to a 40 percent reduction of the rate of energy growth by 2017, and a 30 percent reduction of greenhouse gas emissions by 2025, bringing emissions back to 2000 levels.

In December 2008, Governor Kaine launched the Renew Virginia Initiative with the goal of making Virginia a leader in environmental protection and energy conservation and efficiency. The initiative includes legislative proposals to reduce Virginia’s dependency on foreign oil, improve the environment and create “green” jobs.

That’s where we come in. Before the Initiative was launched, Governor Kaine hosted an energy roundtable discussion to hear from executives representing a wide range of alternative energy generation, energy conservation, and research and development companies. They discussed best practices for corporate and university research and development collaboration, incentives, skill sets needed to attract energy project investment, and factors influencing site location of energy production facilities.

With insider information in hand, VEDP is better equipped to assist energy companies in finding solutions to meet their business needs. We understand the importance of having policy support and we have new knowledge about the factors that influence energy-related companies’ location decisions. We get the need for a supportive business climate, and we can deliver.

We’re now working with an interagency task force, made up of relevant state agencies, university partners and federal labs in Virginia to build a compelling case for energy-related businesses’ location to Virginia.

To learn more about what Virginia can offer your energy company, check out our Web site at YesVirginia.org or call us at (804) 545-5600.

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IT Just Got a Little Cheaper to Operate in Virginia

Thursday, 4 June 2009 09:29 by Info@YesVirginia.org
Virginia offers a great advantage for Information Technology and the growing cluster of data centers already located throughout the Commonwealth.

Information technology companies that may have glanced at Virginia in the past may want to take a harder look. Virginia now offers a great advantage for IT and the growing cluster of data centers already located throughout the Commonwealth. The Virginia General Assembly recently unanimously passed a bill that enables companies to receive an exemption from the Virginia Retail Sales and Use Tax for computer equipment purchased or leased for use in a data center.

There are a few stipulations, of course. The equipment must be purchased or leased between July 1, 2010 and June 30, 2020. The data center must be located in a Virginia locality and generate at least $150 million in capital investment after July 1, 2009. Last but not least, at least 50 new jobs must be created that pay one and one half times the prevailing average wage in the locality.

This legislation has already proven to be a valuable tool in recruiting and retaining existing data centers. VEDP issued a press release announcing Virginia’s new advantage to industry pubs that generated immediate inquiries.

Moments after the release was sent, Data Center Knowledge headlined the news on its Web site: http://www.datacenterknowledge.com/archives/2009/05/13/virginia-passes-data-center-tax-incentives/. And the phone lines in VEDP’s Business Development Division received multiple calls from companies that read the release. IT and data centers are definitely a strong growth sector of Virginia’s economy. We look forward to continuing to look for ways that assist with financial efficiencies and operational savings for these businesses. 

For more information about how VEDP can assist your company, visit us at YesVirginia.org or call (804) 545-5600.

VEDP is Entering the Blogosphere

Tuesday, 19 May 2009 15:40 by Info@YesVirginia.org

We’re not sure we belong here, but we’re giving it a shot. We’d like to think VEDP is among cutting-edge state economic development organizations. After all, Virginia has been ranked the “Best State for Business” for three years in a row by Forbes.com. That didn’t just happen.

In times of economic crisis, Virginia needs to be creative with how it delivers its message. We’re often credited for our creativity when it comes to helping companies find solutions to meet their needs. Now it’s time to help ourselves.

Like others, our marketing budget has been slashed and our economic development activity has slowed. But in comparison to other states across the nation, Virginia is holding its own. In fact, the number of announcements, the sector and geographic diversity, and the encouraging ratio of new to expanding economic development projects suggest that Virginia remains a sought-after destination for new business investment.

We intend to keep it that way. If one (free) method of marketing Virginia means venturing out into the unknown world of cyberspace—we’re willing to give it a shot. It remains to be seen if it will help; it certainly can’t hurt.

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About VEDP

Virginia Economic Development Partnership is the Best State for Business

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

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Virginia 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.